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 0.99 is 59% below its 5-year average of 2.42, near the low end of its 5-year range (0.99–4.37).
As of the fiscal period ended Tuesday, June 30, 2026. 65.37% below its 12-month average of 2.87.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.99.
QUICK RATIO (ACID-TEST)
0.99
QUICK RATIO (ACID-TEST) AVG TTM
2.87
QUICK RATIO (ACID-TEST) AVG 3Y
2.94
QUICK RATIO (ACID-TEST) AVG 5Y
2.42
QUICK RATIO (ACID-TEST) AVG 10Y
2.45
QUICK RATIO (ACID-TEST) AVG 15Y
2.42
QUICK RATIO (ACID-TEST) AVG 20Y
2.50
CURRENT VS TTM AVG
-65.37%
CURRENT VS 3Y AVG
-66.27%
CURRENT VS 5Y AVG
-58.92%
CURRENT VS 10Y AVG
-59.50%
CURRENT VS 15Y AVG
-59.00%
CURRENT VS 20Y AVG
-60.21%
SECTOR MEDIAN · ENERGY
1.07
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
-7.19%
vs the sector median at left
Icahn Enterprises L.P.
Market Cap
$4.45B
Quick Ratio (Acid-Test)
0.99
TTM Avg
2.87
3Y Avg
2.94
5Y Avg
2.42
Market Cap
$4.45B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.73
3Y Avg
1.73
5Y Avg
1.89
Market Cap
$4.45B
Quick Ratio (Acid-Test)
2.95
TTM Avg
2.56
3Y Avg
3.15
5Y Avg
2.91
Market Cap
$4.30B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.40
3Y Avg
1.36
5Y Avg
1.38
Market Cap
$4.68B
Quick Ratio (Acid-Test)
0.56
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
Market Cap
$3.96B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$5.10B
Quick Ratio (Acid-Test)
2.34
TTM Avg
1.71
3Y Avg
1.99
5Y Avg
1.52
Market Cap
$5.18B
Quick Ratio (Acid-Test)
1.10
TTM Avg
0.90
3Y Avg
0.86
5Y Avg
0.84
Market Cap
$3.18B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.54
3Y Avg
1.76
5Y Avg
1.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Icahn Enterprises L.P. (IEP) | $4.45B | 0.99 | 2.87 | 2.94 | 2.42 |
| Oceaneering International, Inc. (OII)vs › | $4.45B | 1.90 | 1.73 | 1.73 | 1.89 |
| Enphase Energy, Inc. (ENPH)vs › | $4.45B | 2.95 | 2.56 | 3.15 | 2.91 |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.30B | 1.57 | 1.40 | 1.36 | 1.38 |
| California Resources Corp (CRC)vs › | $4.68B | 0.56 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 1.55 | 1.90 | 2.06 | 2.32 |
| Golar LNG Limited (GLNG)vs › | $5.10B | 2.34 | 1.71 | 1.99 | 1.52 |
| Plains GP Holdings LP (PAGP)vs › | $5.18B | 1.10 | 0.90 | 0.86 | 0.84 |
| Alliance Resource Partners, L.P. (ARLP)vs › | $3.18B | 1.32 | 1.54 | 1.76 | 1.58 |
| Weatherford International plc (WFRD)vs › | $5.77B | 1.77 | 1.57 | 1.53 | 1.60 |
Quick Ratio
0.99
Excludes inventory
Current Ratio
1.56
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 | 0.99 |
| 2026-03-31 | 2.67 |
| 2025-12-31 | 4.17 |
| 2025-09-30 | 2.91 |
| 2025-06-30 | 3.60 |
| 2025-03-31 | 3.60 |
| 2024-12-31 | 3.04 |
| 2024-09-30 | 2.37 |
| 2024-06-30 | 4.37 |
| 2024-03-31 | 4.24 |
| 2023-12-31 | 2.00 |
| 2023-09-30 | 2.28 |
| 2023-06-30 | 2.04 |
| 2023-03-31 | 1.68 |
| 2022-12-31 | 1.48 |
| 2022-09-30 | 1.82 |
| 2022-06-30 | 1.97 |
| 2022-03-31 | 1.69 |
| 2021-12-31 | 1.31 |
| 2021-09-30 | 1.27 |
| 2021-06-30 | 1.27 |
| 2021-03-31 | 1.09 |
| 2020-12-31 | 3.31 |
| 2020-09-30 | 1.85 |
| 2020-06-30 | 1.29 |
| 2020-03-31 | 1.22 |
| 2019-12-31 | 6.75 |
| 2019-09-30 | 4.37 |
| 2019-06-30 | 6.23 |
| 2019-03-31 | 5.22 |
| 2018-12-31 | 7.63 |
| 2018-09-30 | 2.53 |
| 2018-06-30 | 2.43 |
| 2018-03-31 | 3.24 |
| 2017-12-31 | 3.12 |
| 2017-09-30 | 2.56 |
| 2017-06-30 | 2.67 |
| 2017-03-31 | 1.88 |
| 2016-12-31 | 1.51 |
| 2016-09-30 | 1.99 |
| 2016-06-30 | 2.10 |
| 2016-03-31 | 1.98 |
| 2015-12-31 | 1.93 |
| 2015-09-30 | 2.35 |
| 2015-06-30 | 2.54 |
| 2015-03-31 | 2.45 |
| 2014-12-31 | 2.33 |
| 2014-09-30 | 2.89 |
| 2014-06-30 | 2.65 |
| 2014-03-31 | 2.68 |
| 2013-12-31 | 3.08 |
| 2013-09-30 | 2.56 |
| 2013-06-30 | 2.76 |
| 2013-03-31 | 3.69 |
| 2012-12-31 | 4.14 |
| 2012-09-30 | 1.51 |
| 2012-06-30 | 1.59 |
| 2012-03-31 | 3.44 |
| 2011-12-31 | 1.86 |
| 2011-09-30 | 2.01 |
| 2011-06-30 | 1.66 |
| 2011-03-31 | 2.30 |
| 2010-12-31 | 2.46 |
| 2010-09-30 | 2.86 |
| 2010-06-30 | 2.76 |
| 2010-03-31 | 1.75 |
| 2009-12-31 | 2.38 |
| 2009-09-30 | 2.26 |
| 2009-06-30 | 3.26 |
| 2009-03-31 | 1.91 |
| 2008-12-31 | 1.16 |
| 2008-09-30 | 1.89 |
| 2008-06-30 | 2.25 |
| 2008-03-31 | -1001.93 |
| 2007-12-31 | 18.41 |
| 2007-09-30 | 4.62 |
| 2007-06-30 | 7.47 |
| 2007-03-31 | 12.32 |
| 2006-12-31 | 8.87 |
| 2006-09-30 | 3.58 |
| 2006-06-30 | 3.49 |
| 2006-03-31 | 3.19 |
| 2005-12-31 | 3.52 |
| 2005-09-30 | 3.41 |
| 2005-06-30 | 5.25 |
| 2005-03-31 | 8.79 |
| 2004-12-31 | 5.44 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 2.75 |
| 2002-12-31 | 2.52 |
| 2002-09-30 | 3.65 |