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 10.09 is 236% above its 4-year average of 3.00, near the low end of its 4-year range (0.00–135.74).
As of the fiscal period ended Tuesday, June 30, 2026. 85.34% below its 12-month average of 68.85.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 10.09.
QUICK RATIO (ACID-TEST)
10.09
QUICK RATIO (ACID-TEST) AVG TTM
68.85
QUICK RATIO (ACID-TEST) AVG 3Y
3.18
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
-85.34%
CURRENT VS 3Y AVG
+216.90%
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
1.52
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+566.12%
vs the sector median at left
Greenland Mines Ltd.
Market Cap
$21.35M
Quick Ratio (Acid-Test)
10.09
TTM Avg
68.85
3Y Avg
3.18
5Y Avg
N/A
Market Cap
$22.08M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$20.32M
Quick Ratio (Acid-Test)
0.68
TTM Avg
2.40
3Y Avg
4.50
5Y Avg
4.58
Market Cap
$16.61M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.97
3Y Avg
2.05
5Y Avg
2.26
Market Cap
$31.58M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.44
3Y Avg
5.05
5Y Avg
3.49
Market Cap
$10.56M
Quick Ratio (Acid-Test)
2.17
TTM Avg
2.52
3Y Avg
1.75
5Y Avg
1.99
Market Cap
$10.37M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.71
3Y Avg
3.46
5Y Avg
2.72
Market Cap
$9.80M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.04
3Y Avg
2.00
5Y Avg
1.62
Market Cap
$8.44M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenland Mines Ltd. (GRML) | $21.35M | 10.09 | 68.85 | 3.18 | N/A |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $22.08M | 0.63 | 0.64 | 0.75 | 0.77 |
| Loop Industries, Inc. (LOOP)vs › | $20.32M | 0.68 | 2.40 | 4.50 | 4.58 |
| Mercer International Inc. (MERC)vs › | $16.61M | 0.68 | 1.97 | 2.05 | 2.26 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.58M | 2.69 | 2.44 | 5.05 | 3.49 |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.56M | 2.17 | 2.52 | 1.75 | 1.99 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $10.37M | 2.89 | 2.71 | 3.46 | 2.72 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.80M | 1.47 | 2.04 | 2.00 | 1.62 |
| Blue Gold Limited (BGL)vs › | $8.44M | 0.19 | 0.11 | 0.32 | 2.81 |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.92M | 2.19 | 0.37 | 0.37 | 1.67 |
Quick Ratio
10.09
Excludes inventory
Current Ratio
10.09
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 | 10.09 |
| 2026-03-31 | 19.74 |
| 2025-12-31 | 95.01 |
| 2025-09-30 | 83.69 |
| 2025-06-30 | 135.74 |
| 2025-03-31 | 0.29 |
| 2024-12-31 | 0.13 |
| 2024-09-30 | 0.16 |
| 2024-06-30 | 1.11 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.12 |
| 2023-06-30 | 0.19 |
| 2023-03-31 | 0.01 |
| 2022-12-31 | 0.87 |
| 2022-09-30 | 2.54 |
| 2022-06-30 | 9.60 |
| 2022-03-31 | 0.15 |
