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 2.58 is 55% below its 5-year average of 5.70, near the low end of its 5-year range (0.89–12.50).
As of the fiscal period ended Tuesday, June 30, 2026. 28.78% above its 12-month average of 2.00.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.58.
QUICK RATIO (ACID-TEST)
2.58
QUICK RATIO (ACID-TEST) AVG TTM
2.00
QUICK RATIO (ACID-TEST) AVG 3Y
4.00
QUICK RATIO (ACID-TEST) AVG 5Y
5.70
QUICK RATIO (ACID-TEST) AVG 10Y
8.16
QUICK RATIO (ACID-TEST) AVG 15Y
9.26
QUICK RATIO (ACID-TEST) AVG 20Y
7.70
CURRENT VS TTM AVG
+28.78%
CURRENT VS 3Y AVG
-35.53%
CURRENT VS 5Y AVG
-54.78%
CURRENT VS 10Y AVG
-68.38%
CURRENT VS 15Y AVG
-72.16%
CURRENT VS 20Y AVG
-66.53%
SECTOR MEDIAN · BASIC MATERIALS
1.49
median of 113 covered companies
CURRENT VS SECTOR MEDIAN
+73.09%
vs the sector median at left
Gulf Resources, Inc.
Market Cap
$4.15M
Quick Ratio (Acid-Test)
2.58
TTM Avg
2.00
3Y Avg
4.00
5Y Avg
5.70
Market Cap
$5.01M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.18
3Y Avg
0.86
5Y Avg
1.47
Market Cap
$2.18M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.27
3Y Avg
0.30
5Y Avg
0.36
Market Cap
$6.43M
Quick Ratio (Acid-Test)
1.43
TTM Avg
1.79
3Y Avg
1.10
5Y Avg
0.88
Market Cap
$1.48M
Quick Ratio (Acid-Test)
1.67
TTM Avg
15.23
3Y Avg
8.56
5Y Avg
7.37
Market Cap
$7.00M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.67
3Y Avg
1.71
5Y Avg
1.52
Market Cap
$7.92M
Quick Ratio (Acid-Test)
2.19
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
1.67
Market Cap
$8.62M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
Market Cap
$9.80M
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 |
|---|---|---|---|---|---|
| Gulf Resources, Inc. (GURE) | $4.15M | 2.58 | 2.00 | 4.00 | 5.70 |
| China Natural Resources, Inc. (CHNR)vs › | $5.01M | 0.12 | 0.18 | 0.86 | 1.47 |
| Capstone Holding Corp. (CAPS)vs › | $2.18M | 0.39 | 0.27 | 0.30 | 0.36 |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.43M | 1.43 | 1.79 | 1.10 | 0.88 |
| CN Energy Group. Inc. (CNEY)vs › | $1.48M | 1.67 | 15.23 | 8.56 | 7.37 |
| Bon Natural Life Limited (BON)vs › | $7.00M | 1.31 | 1.67 | 1.71 | 1.52 |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.92M | 2.19 | 0.37 | 0.37 | 1.67 |
| Blue Gold Limited (BGL)vs › | $8.62M | 0.19 | 0.11 | 0.32 | 2.81 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.80M | 1.47 | 2.04 | 2.00 | 1.62 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $10.37M | 2.89 | 2.71 | 3.46 | 2.72 |
Quick Ratio
2.58
Excludes inventory
Current Ratio
2.65
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 | 2.58 |
| 2026-03-31 | 2.30 |
| 2025-12-31 | 2.91 |
| 2025-09-30 | 0.89 |
| 2025-06-30 | 1.34 |
| 2025-03-31 | 1.13 |
| 2024-12-31 | 0.97 |
| 2024-09-30 | 1.08 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 6.89 |
| 2023-12-31 | 6.79 |
| 2023-09-30 | 11.56 |
| 2023-06-30 | 12.50 |
| 2023-03-31 | 10.97 |
| 2022-12-31 | 10.01 |
| 2022-09-30 | 8.17 |
| 2022-06-30 | 6.98 |
| 2022-03-31 | 3.11 |
| 2021-12-31 | 8.26 |
| 2021-09-30 | 8.95 |
| 2021-06-30 | 11.32 |
| 2021-03-31 | 9.88 |
| 2020-12-31 | 15.05 |
| 2020-09-30 | 21.27 |
| 2020-06-30 | 35.04 |
| 2020-03-31 | 38.58 |
| 2019-12-31 | 16.89 |
| 2019-09-30 | 9.53 |
| 2019-06-30 | 5.28 |
| 2019-03-31 | 34.87 |
| 2018-12-31 | 71.40 |
| 2018-09-30 | 67.54 |
| 2018-06-30 | 61.98 |
| 2018-03-31 | 56.06 |
| 2017-12-31 | 65.55 |
| 2017-09-30 | 35.66 |
| 2017-06-30 | 11.76 |
| 2017-03-31 | 14.21 |
| 2016-12-31 | 15.48 |
| 2016-09-30 | 12.16 |
| 2016-06-30 | 9.73 |
| 2016-03-31 | 11.08 |
| 2015-12-31 | 11.42 |
| 2015-09-30 | 7.43 |
| 2015-06-30 | 8.05 |
| 2015-03-31 | 7.86 |
| 2014-12-31 | 23.35 |
| 2014-09-30 | 16.30 |
| 2014-06-30 | 15.20 |
| 2014-03-31 | 15.61 |
| 2013-12-31 | 13.51 |
| 2013-09-30 | 11.73 |
| 2013-06-30 | 10.93 |
| 2013-03-31 | 11.20 |
| 2012-12-31 | 9.19 |
| 2012-09-30 | 9.00 |
| 2012-06-30 | 9.53 |
| 2012-03-31 | 9.10 |
| 2011-12-31 | 8.30 |
| 2011-09-30 | 6.51 |
| 2011-06-30 | 5.42 |
| 2011-03-31 | 6.01 |
| 2010-12-31 | 6.49 |
| 2010-09-30 | 5.73 |
| 2010-06-30 | 3.90 |
| 2010-03-31 | 5.91 |
| 2009-12-31 | 5.24 |
| 2009-09-30 | 2.63 |
| 2009-06-30 | 2.16 |
| 2009-03-31 | 2.46 |
| 2008-12-31 | 2.31 |
| 2008-09-30 | 1.83 |
| 2008-06-30 | 1.71 |
| 2008-03-31 | 2.69 |
| 2007-12-31 | 1.05 |
| 2007-09-30 | 1.60 |
| 2007-06-30 | 1.19 |
| 2007-03-31 | 4.67 |
| 2006-08-31 | 0.00 |
| 2006-05-31 | 0.03 |
| 2005-12-31 | 0.13 |
| 2005-11-30 | 0.02 |
| 2005-08-31 | 0.02 |
| 2005-05-31 | 0.05 |
| 2005-02-28 | 0.08 |
| 2004-11-30 | 0.09 |
| 2004-08-31 | 0.00 |
| 2004-05-31 | 0.00 |
| 2004-02-29 | 0.00 |
| 1998-08-31 | 0.56 |
| 1998-05-31 | 1.10 |
| 1998-02-28 | 0.82 |
| 1997-11-30 | 1.40 |
| 1997-08-31 | 1.50 |
| 1997-05-31 | 0.82 |
| 1997-02-28 | 0.60 |
