Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.14 is 170% above its 4-year average of 0.05, near the low end of its 4-year range (0.00–10.92).
As of the fiscal period ended Tuesday, June 30, 2026. 149.69% above its 12-month average of 0.06.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.14.
QUICK RATIO (ACID-TEST)
0.14
QUICK RATIO (ACID-TEST) AVG TTM
0.06
QUICK RATIO (ACID-TEST) AVG 3Y
0.01
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+149.69%
CURRENT VS 3Y AVG
+2092.67%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-90.89%
vs the sector median at left
Evolution Metals & Technologies Corp. Common Stock
Market Cap
$1.14B
Quick Ratio (Acid-Test)
0.14
TTM Avg
0.06
3Y Avg
0.01
5Y Avg
N/A
Market Cap
$1.13B
Quick Ratio (Acid-Test)
3.99
TTM Avg
11.19
3Y Avg
7.17
5Y Avg
7.54
Market Cap
$1.17B
Quick Ratio (Acid-Test)
5.48
TTM Avg
6.44
3Y Avg
6.94
5Y Avg
7.29
Market Cap
$1.08B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.42
3Y Avg
1.23
5Y Avg
6.72
Market Cap
$1.08B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.50
3Y Avg
0.29
5Y Avg
0.34
Market Cap
$1.06B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.20
5Y Avg
1.24
Market Cap
$1.02B
Quick Ratio (Acid-Test)
1.94
TTM Avg
2.54
3Y Avg
2.31
5Y Avg
2.57
Market Cap
$948.02M
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.91
3Y Avg
2.01
5Y Avg
3.25
Market Cap
$941.48M
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.74
3Y Avg
0.74
5Y Avg
0.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $1.14B | 0.14 | 0.06 | 0.01 | N/A |
| Collective Mining Ltd. (CNL)vs › | $1.13B | 3.99 | 11.19 | 7.17 | 7.54 |
| Elemental Royalty Corporation Common Stock (ELE)vs › | $1.17B | 5.48 | 6.44 | 6.94 | 7.29 |
| Sigma Lithium Corporation (SGML)vs › | $1.08B | 0.24 | 0.42 | 1.23 | 6.72 |
| Critical Metals Corp. (CRML)vs › | $1.08B | 0.87 | 0.50 | 0.29 | 0.34 |
| Green Plains Inc. (GPRE)vs › | $1.06B | 1.58 | 1.06 | 1.20 | 1.24 |
| NWPX Infrastructure, Inc. (NWPX)vs › | $1.02B | 1.94 | 2.54 | 2.31 | 2.57 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $948.02M | 5.31 | 2.91 | 2.01 | 3.25 |
| Versamet Royalties Corporation Common Stock (VMET)vs › | $941.48M | 0.71 | 0.74 | 0.74 | 0.74 |
| Lightwave Logic, Inc. (LWLG)vs › | $865.93M | 62.84 | 24.22 | 19.49 | 16.17 |
Quick Ratio
0.14
Excludes inventory
Current Ratio
0.16
Includes inventory
Quick Ratio = (Current Assets − Inventory) / Current Liabilities
The quick ratio is a stricter liquidity measure that excludes inventory, showing the ability to meet short-term obligations with the most liquid assets.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-06-30 | 0.14 |
| 2026-03-31 | 0.10 |
| 2025-12-31 | 0.02 |
| 2025-09-30 | 0.02 |
| 2025-06-30 | 0.01 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.20 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.01 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 0.09 |
| 2022-09-30 | 0.24 |
| 2022-06-30 | 2.18 |
| 2022-03-31 | 3.36 |
| 2021-12-31 | 10.92 |
