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 1.43 is 29% above its 5-year average of 1.11, around the middle of its 5-year range (0.09–3.23).
As of the fiscal period ended Tuesday, June 30, 2026. 41.16% below its 12-month average of 2.43.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 1.43.
QUICK RATIO (ACID-TEST)
1.43
QUICK RATIO (ACID-TEST) AVG TTM
2.43
QUICK RATIO (ACID-TEST) AVG 3Y
1.51
QUICK RATIO (ACID-TEST) AVG 5Y
1.11
QUICK RATIO (ACID-TEST) AVG 10Y
1.18
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-41.16%
CURRENT VS 3Y AVG
-5.49%
CURRENT VS 5Y AVG
+28.75%
CURRENT VS 10Y AVG
+20.95%
CURRENT VS 15Y AVG
+33.95%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.48
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
-3.62%
vs the sector median at left
Foremost Clean Energy Ltd.
Market Cap
$6.60M
Quick Ratio (Acid-Test)
1.43
TTM Avg
2.43
3Y Avg
1.51
5Y Avg
1.11
Market Cap
$7.00M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.67
3Y Avg
1.71
5Y Avg
1.52
Market Cap
$7.56M
Quick Ratio (Acid-Test)
2.19
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
1.67
Market Cap
$8.27M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
Market Cap
$4.92M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.18
3Y Avg
0.86
5Y Avg
1.47
Market Cap
$4.40M
Quick Ratio (Acid-Test)
5.81
TTM Avg
7.48
3Y Avg
6.61
5Y Avg
6.92
Market Cap
$4.03M
Quick Ratio (Acid-Test)
2.58
TTM Avg
2.12
3Y Avg
5.26
5Y Avg
7.39
Market Cap
$3.80M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.27
3Y Avg
0.39
5Y Avg
0.40
Market Cap
$9.58M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.04
3Y Avg
2.00
5Y Avg
1.62
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Foremost Clean Energy Ltd. (FMST) | $6.60M | 1.43 | 2.43 | 1.51 | 1.11 |
| Bon Natural Life Limited (BON)vs › | $7.00M | 1.31 | 1.67 | 1.71 | 1.52 |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.56M | 2.19 | 0.37 | 0.37 | 1.67 |
| Blue Gold Limited (BGL)vs › | $8.27M | 0.19 | 0.11 | 0.32 | 2.81 |
| China Natural Resources, Inc. (CHNR)vs › | $4.92M | 0.12 | 0.18 | 0.86 | 1.47 |
| SenesTech, Inc. (SNES)vs › | $4.40M | 5.81 | 7.48 | 6.61 | 6.92 |
| Gulf Resources, Inc. (GURE)vs › | $4.03M | 2.58 | 2.12 | 5.26 | 7.39 |
| ReTo Eco-Solutions, Inc. (RETO)vs › | $3.80M | 0.19 | 0.27 | 0.39 | 0.40 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.58M | 1.47 | 2.04 | 2.00 | 1.62 |
| Origin Agritech Limited (SEED)vs › | $9.83M | 0.23 | 0.41 | 0.38 | 0.33 |
Quick Ratio
1.43
Excludes inventory
Current Ratio
1.43
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 | 1.43 |
| 2026-03-31 | 1.85 |
| 2025-12-31 | 3.23 |
| 2025-09-30 | 2.67 |
| 2025-06-30 | 2.98 |
| 2025-03-31 | 1.73 |
| 2024-12-31 | 2.13 |
| 2024-09-30 | 0.14 |
| 2024-06-30 | 0.46 |
| 2024-03-31 | 0.54 |
| 2023-12-31 | 1.00 |
| 2023-09-30 | 1.43 |
| 2023-06-30 | 0.09 |
| 2023-03-31 | 0.28 |
| 2022-12-31 | 0.90 |
| 2022-09-30 | 0.19 |
| 2022-06-30 | 0.26 |
| 2022-03-31 | 0.39 |
| 2021-12-31 | 0.54 |
| 2021-09-30 | 0.31 |
| 2021-06-30 | 0.78 |
| 2021-03-31 | 0.50 |
| 2020-12-31 | 0.31 |
| 2020-09-30 | 0.24 |
| 2020-06-30 | 0.31 |
| 2020-03-31 | 0.14 |
| 2019-12-31 | 0.37 |
| 2019-09-30 | 0.76 |
| 2019-06-30 | 0.54 |
| 2019-03-31 | 0.37 |
| 2018-12-31 | 1.36 |
| 2018-09-30 | 3.57 |
| 2018-06-30 | 3.08 |
| 2018-03-31 | 3.78 |
| 2017-12-31 | 2.68 |
| 2017-09-30 | 3.48 |
| 2017-06-30 | 1.27 |
| 2017-03-31 | 0.98 |
| 2016-12-31 | 1.03 |
| 2016-09-30 | 1.40 |
| 2016-06-30 | 1.59 |
| 2016-03-31 | 0.04 |
| 2015-12-31 | 0.01 |
| 2015-09-30 | 0.04 |
| 2015-06-30 | 0.04 |
| 2015-03-31 | 0.05 |
| 2014-12-31 | 0.02 |
| 2014-09-30 | 0.08 |
| 2014-06-30 | 0.11 |
| 2014-03-31 | 0.13 |
| 2013-12-31 | 0.67 |
| 2013-09-30 | 1.57 |
| 2013-06-30 | 3.03 |
| 2013-03-31 | 4.96 |
| 2012-12-31 | 5.59 |
| 2012-09-30 | 5.35 |
| 2012-06-30 | 6.88 |
| 2012-03-31 | 7.37 |
| 2011-12-31 | 6.87 |
| 2011-09-30 | 1.88 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.65 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
