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 0.85 is 23% above its 5-year average of 0.69, around the middle of its 5-year range (0.12–1.58).
As of the fiscal period ended Tuesday, June 30, 2026. 14.82% below its 12-month average of 1.00.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.85.
QUICK RATIO (ACID-TEST)
0.85
QUICK RATIO (ACID-TEST) AVG TTM
1.00
QUICK RATIO (ACID-TEST) AVG 3Y
0.86
QUICK RATIO (ACID-TEST) AVG 5Y
0.69
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
-14.82%
CURRENT VS 3Y AVG
-0.83%
CURRENT VS 5Y AVG
+22.67%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.06
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
-19.57%
vs the sector median at left
HighPeak Energy, Inc.
Market Cap
$1.04B
Quick Ratio (Acid-Test)
0.85
TTM Avg
1.00
3Y Avg
0.86
5Y Avg
0.69
Market Cap
$881.99M
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.56
3Y Avg
0.66
5Y Avg
0.66
Market Cap
$844.61M
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.68
3Y Avg
1.68
5Y Avg
1.68
Market Cap
$785.55M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$783.53M
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.73
3Y Avg
0.77
5Y Avg
0.78
Market Cap
$1.40B
Quick Ratio (Acid-Test)
13.85
TTM Avg
15.75
3Y Avg
16.35
5Y Avg
15.30
Market Cap
$1.42B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.48
3Y Avg
1.59
5Y Avg
1.64
Market Cap
$624.54M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.86
3Y Avg
1.76
5Y Avg
1.76
Market Cap
$621.55M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HighPeak Energy, Inc. (HPK) | $1.04B | 0.85 | 1.00 | 0.86 | 0.69 |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | 0.59 | 0.56 | 0.66 | 0.66 |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $844.61M | 1.82 | 1.68 | 1.68 | 1.68 |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $785.55M | N/A | N/A | N/A | N/A |
| Canadian Solar Inc. (CSIQ)vs › | $783.53M | 0.78 | 0.73 | 0.77 | 0.78 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.40B | 13.85 | 15.75 | 16.35 | 15.30 |
| Shoals Technologies Group, Inc. (SHLS)vs › | $1.42B | 1.12 | 1.48 | 1.59 | 1.64 |
| Array Technologies, Inc. (ARRY)vs › | $624.54M | 1.81 | 1.86 | 1.76 | 1.76 |
| Uranium Royalty Corp. (UROY)vs › | $621.55M | N/A | N/A | N/A | N/A |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 2.12 | 1.93 | 1.59 | 1.80 |
Quick Ratio
0.85
Excludes inventory
Current Ratio
0.87
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 | 0.85 |
| 2026-03-31 | 0.66 |
| 2025-12-31 | 1.10 |
| 2025-09-30 | 1.58 |
| 2025-06-30 | 0.82 |
| 2025-03-31 | 0.48 |
| 2024-12-31 | 0.65 |
| 2024-09-30 | 0.93 |
| 2024-06-30 | 0.90 |
| 2024-03-31 | 1.00 |
| 2023-12-31 | 1.12 |
| 2023-09-30 | 0.96 |
| 2023-06-30 | 0.12 |
| 2023-03-31 | 0.23 |
| 2022-12-31 | 0.49 |
| 2022-09-30 | 0.54 |
| 2022-06-30 | 0.51 |
| 2022-03-31 | 0.54 |
| 2021-12-31 | 0.81 |
| 2021-09-30 | 0.50 |
| 2021-06-30 | 0.69 |
| 2021-03-31 | 0.79 |
| 2020-12-31 | 1.48 |
| 2020-09-30 | 4.27 |
| 2020-06-30 | 0.54 |
| 2020-03-31 | 0.73 |
| 2019-12-31 | 2.96 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
