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 0.45 is 28% below its 5-year average of 0.63, near the low end of its 5-year range (0.40–3.64).
As of the fiscal period ended Tuesday, June 30, 2026. 9.70% below its 12-month average of 0.50.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.45
QUICK RATIO (ACID-TEST) AVG TTM
0.50
QUICK RATIO (ACID-TEST) AVG 3Y
0.59
QUICK RATIO (ACID-TEST) AVG 5Y
0.63
QUICK RATIO (ACID-TEST) AVG 10Y
0.64
QUICK RATIO (ACID-TEST) AVG 15Y
0.66
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-9.70%
CURRENT VS 3Y AVG
-22.98%
CURRENT VS 5Y AVG
-27.90%
CURRENT VS 10Y AVG
-28.95%
CURRENT VS 15Y AVG
-31.03%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.08
median of 33 covered companies
CURRENT VS SECTOR MEDIAN
-57.88%
vs the sector median at left
Diamondback Energy, Inc.
Market Cap
$56.12B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.50
3Y Avg
0.59
5Y Avg
0.63
Market Cap
$57.28B
Quick Ratio (Acid-Test)
0.62
TTM Avg
0.58
3Y Avg
0.62
5Y Avg
0.65
Market Cap
$57.39B
Quick Ratio (Acid-Test)
1.13
TTM Avg
0.73
3Y Avg
0.76
5Y Avg
0.81
Market Cap
$62.98B
Quick Ratio (Acid-Test)
1.76
TTM Avg
0.97
3Y Avg
0.93
5Y Avg
1.01
Market Cap
$42.57B
Quick Ratio (Acid-Test)
2.10
TTM Avg
1.24
3Y Avg
1.94
5Y Avg
2.60
Market Cap
$71.44B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.45
3Y Avg
0.41
5Y Avg
0.46
Market Cap
$71.44B
Quick Ratio (Acid-Test)
0.94
TTM Avg
0.89
3Y Avg
0.89
5Y Avg
0.85
Market Cap
$75.32B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.67
3Y Avg
1.79
5Y Avg
1.78
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diamondback Energy, Inc. (FANG) | $56.12B | 0.45 | 0.50 | 0.59 | 0.63 |
| Targa Resources Corp. (TRGP)vs › | $57.28B | 0.62 | 0.58 | 0.62 | 0.65 |
| Occidental Petroleum Corporation (OXY)vs › | $57.39B | 1.13 | 0.73 | 0.76 | 0.81 |
| ONEOK, Inc. (OKE)vs › | $58.38B | 0.59 | 0.65 | 0.65 | 0.71 |
| Baker Hughes Company (BKR)vs › | $62.98B | 1.76 | 0.97 | 0.93 | 1.01 |
| Cameco Corporation (CCJ)vs › | $42.57B | 2.10 | 1.24 | 1.94 | 2.60 |
| Kinder Morgan, Inc. (KMI)vs › | $71.44B | 0.41 | 0.45 | 0.41 | 0.46 |
| Energy Transfer LP (ET)vs › | $71.44B | 0.94 | 0.89 | 0.89 | 0.85 |
| EOG Resources, Inc. (EOG)vs › | $75.32B | 1.68 | 1.67 | 1.79 | 1.78 |
| Suncor Energy Inc. (SU)vs › | $77.26B | 1.08 | 0.88 | 0.84 | 0.76 |
Quick Ratio
0.45
Excludes inventory
Current Ratio
0.47
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 | 0.45 |
| 2026-03-31 | 0.55 |
| 2025-12-31 | 0.40 |
| 2025-09-30 | 0.60 |
| 2025-06-30 | 0.52 |
| 2025-03-31 | 0.83 |
| 2024-12-31 | 0.41 |
| 2024-09-30 | 0.42 |
| 2024-06-30 | 3.64 |
| 2024-03-31 | 0.89 |
| 2023-12-31 | 0.74 |
| 2023-09-30 | 0.86 |
| 2023-06-30 | 0.40 |
| 2023-03-31 | 0.58 |
| 2022-12-31 | 0.77 |
| 2022-09-30 | 0.58 |
| 2022-06-30 | 0.69 |
| 2022-03-31 | 0.69 |
| 2021-12-31 | 0.96 |
| 2021-09-30 | 0.71 |
| 2021-06-30 | 0.55 |
| 2021-03-31 | 0.43 |
| 2020-12-31 | 0.46 |
| 2020-09-30 | 0.43 |
| 2020-06-30 | 0.58 |
| 2020-03-31 | 0.93 |
| 2019-12-31 | 0.66 |
| 2019-09-30 | 0.68 |
| 2019-06-30 | 0.79 |
| 2019-03-31 | 0.60 |
| 2018-12-31 | 0.87 |
| 2018-09-30 | 1.08 |
| 2018-06-30 | 0.52 |
| 2018-03-31 | 0.52 |
| 2017-12-31 | 0.61 |
| 2017-09-30 | 0.45 |
| 2017-06-30 | 0.67 |
| 2017-03-31 | 0.80 |
| 2016-12-31 | 8.55 |
| 2016-09-30 | 1.46 |
| 2016-06-30 | 2.09 |
| 2016-03-31 | 2.71 |
| 2015-12-31 | 0.76 |
| 2015-09-30 | 0.85 |
| 2015-06-30 | 1.18 |
| 2015-03-31 | 1.15 |
| 2014-12-31 | 0.93 |
| 2014-09-30 | 0.71 |
| 2014-06-30 | 0.66 |
| 2014-03-31 | 0.55 |
| 2013-12-31 | 0.46 |
| 2013-09-30 | 0.78 |
| 2013-06-30 | 1.13 |
| 2013-03-31 | 0.37 |
| 2012-12-31 | 0.56 |
| 2012-09-30 | 0.34 |
| 2012-06-30 | 0.37 |
| 2012-03-31 | 0.38 |
| 2011-12-31 | 0.59 |
| 2011-09-30 | 0.80 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.83 |
