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 2.69 is 27% below its 2-year average of 3.69, near the low end of its 2-year range (0.00–17.13).
As of the fiscal period ended Tuesday, December 31, 2024. 61.07% above its 12-month average of 1.67.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2025 (2024-12-31): 2.69.
QUICK RATIO (ACID-TEST)
2.69
QUICK RATIO (ACID-TEST) AVG TTM
1.67
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
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
+61.07%
CURRENT VS 3Y AVG
N/A
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
1.48
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
+81.18%
vs the sector median at left
Frontier Nuclear and Minerals Inc.
Market Cap
$31.58M
Quick Ratio (Acid-Test)
2.69
TTM Avg
1.67
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$39.23M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.32
3Y Avg
0.22
5Y Avg
0.18
Market Cap
$21.59M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$20.42M
Quick Ratio (Acid-Test)
0.68
TTM Avg
2.40
3Y Avg
4.50
5Y Avg
4.58
Market Cap
$18.54M
Quick Ratio (Acid-Test)
10.09
TTM Avg
47.57
3Y Avg
24.00
5Y Avg
24.00
Market Cap
$16.79M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.97
3Y Avg
2.05
5Y Avg
2.26
Market Cap
$51.13M
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.64
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$11.33M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.71
3Y Avg
3.46
5Y Avg
2.72
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Frontier Nuclear and Minerals Inc. (FNUC) | $31.58M | 2.69 | 1.67 | N/A | N/A |
| Largo Inc. (LGO)vs › | $35.69M | 0.19 | 0.30 | 1.17 | 1.62 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.23M | 0.12 | 0.32 | 0.22 | 0.18 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.59M | 0.63 | 0.64 | 0.75 | 0.77 |
| Loop Industries, Inc. (LOOP)vs › | $20.42M | 0.68 | 2.40 | 4.50 | 4.58 |
| Greenland Mines Ltd. (GRML)vs › | $18.54M | 10.09 | 47.57 | 24.00 | 24.00 |
| Mercer International Inc. (MERC)vs › | $16.79M | 0.68 | 1.97 | 2.05 | 2.26 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.13M | 0.33 | 0.64 | 0.80 | 0.80 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.33M | 2.89 | 2.71 | 3.46 | 2.72 |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.53M | 2.17 | 2.52 | 1.75 | 1.99 |
Quick Ratio
2.69
Excludes inventory
Current Ratio
2.69
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) |
|---|---|
| 2024-12-31 | 2.69 |
| 2024-09-30 | 0.00 |
| 2023-12-31 | 2.32 |
| 2023-09-30 | 0.00 |
| 2022-12-31 | 17.13 |
| 2022-09-30 | 0.00 |
