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 4.59 is 23% below its 5-year average of 5.99, near the low end of its 5-year range (0.67–13.77).
As of the fiscal period ended Tuesday, June 30, 2026. 23.26% below its 12-month average of 5.98.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.59.
QUICK RATIO (ACID-TEST)
4.59
QUICK RATIO (ACID-TEST) AVG TTM
5.98
QUICK RATIO (ACID-TEST) AVG 3Y
7.89
QUICK RATIO (ACID-TEST) AVG 5Y
5.99
QUICK RATIO (ACID-TEST) AVG 10Y
5.22
QUICK RATIO (ACID-TEST) AVG 15Y
4.55
QUICK RATIO (ACID-TEST) AVG 20Y
2.57
CURRENT VS TTM AVG
-23.26%
CURRENT VS 3Y AVG
-41.88%
CURRENT VS 5Y AVG
-23.41%
CURRENT VS 10Y AVG
-12.09%
CURRENT VS 15Y AVG
+0.84%
CURRENT VS 20Y AVG
+78.62%
SECTOR MEDIAN · ENERGY
1.06
median of 106 covered companies
CURRENT VS SECTOR MEDIAN
+332.78%
vs the sector median at left
Imperial Petroleum Inc.
Market Cap
$182.45M
Quick Ratio (Acid-Test)
4.59
TTM Avg
5.98
3Y Avg
7.89
5Y Avg
5.99
Market Cap
$183.10M
Quick Ratio (Acid-Test)
0.96
TTM Avg
1.67
3Y Avg
4.36
5Y Avg
4.27
Market Cap
$183.46M
Quick Ratio (Acid-Test)
2.19
TTM Avg
1.16
3Y Avg
0.81
5Y Avg
0.79
Market Cap
$189.77M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$190.05M
Quick Ratio (Acid-Test)
15.88
TTM Avg
1.74
3Y Avg
1.74
5Y Avg
1.74
Market Cap
$191.87M
Quick Ratio (Acid-Test)
6.08
TTM Avg
4.92
3Y Avg
3.08
5Y Avg
2.60
Market Cap
$197.35M
Quick Ratio (Acid-Test)
4.59
TTM Avg
9.69
3Y Avg
9.20
5Y Avg
6.60
Market Cap
$225.30M
Quick Ratio (Acid-Test)
6.84
TTM Avg
4.92
3Y Avg
4.41
5Y Avg
4.55
Market Cap
$229.54M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.15
3Y Avg
0.97
5Y Avg
1.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Imperial Petroleum Inc. (IMPPP) | $182.45M | 4.59 | 5.98 | 7.89 | 5.99 |
| Epsilon Energy Ltd. (EPSN)vs › | $183.10M | 0.96 | 1.67 | 4.36 | 4.27 |
| American Resources Corporation (AREC)vs › | $183.46M | 2.19 | 1.16 | 0.81 | 0.79 |
| GOWell Energy Technology (GOW)vs › | $189.77M | N/A | N/A | N/A | N/A |
| Eagle Nuclear Energy Corp. (NUCL)vs › | $190.05M | 15.88 | 1.74 | 1.74 | 1.74 |
| OMS Energy Technologies Inc. (OMSE)vs › | $191.87M | 6.08 | 4.92 | 3.08 | 2.60 |
| Imperial Petroleum Inc. (IMPP)vs › | $197.35M | 4.59 | 9.69 | 9.20 | 6.60 |
| enCore Energy Corp. (EU)vs › | $225.30M | 6.84 | 4.92 | 4.41 | 4.55 |
| Smart Sand, Inc. (SND)vs › | $229.54M | 1.11 | 1.15 | 0.97 | 1.26 |
| Greenland Energy Company Common Stock (GLND)vs › | $135.34M | 27.94 | 0.28 | 0.28 | 0.28 |
Quick Ratio
4.59
Excludes inventory
Current Ratio
4.77
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 | 4.59 |
| 2026-03-31 | 5.54 |
| 2025-12-31 | 11.71 |
| 2025-09-30 | 6.55 |
| 2025-06-30 | 1.51 |
| 2025-03-31 | 4.67 |
| 2024-12-31 | 7.67 |
| 2024-09-30 | 7.51 |
| 2024-06-30 | 13.77 |
| 2024-03-31 | 7.60 |
| 2023-12-31 | 12.11 |
| 2023-09-30 | 9.83 |
| 2023-06-30 | 9.57 |
| 2023-03-31 | 2.81 |
| 2022-12-31 | 5.30 |
| 2022-09-30 | 5.34 |
| 2022-06-30 | 6.74 |
| 2022-03-31 | 7.87 |
| 2021-12-31 | 0.67 |
| 2021-09-30 | 0.80 |
| 2021-06-30 | 1.43 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 2.12 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2012-04-30 | 0.07 |
| 2012-01-31 | 0.16 |
| 2011-10-31 | 0.25 |
| 2011-07-31 | 0.33 |
| 2011-04-30 | 0.19 |
| 2011-01-31 | 0.11 |
| 2010-10-31 | 0.09 |
| 2010-07-31 | 0.03 |
| 2010-04-30 | 0.05 |
| 2010-01-31 | 0.08 |
| 2009-10-31 | 0.06 |
| 2009-07-31 | 0.07 |
| 2009-04-30 | 0.36 |
| 2009-01-31 | 0.03 |
| 2008-10-31 | 0.05 |
| 2008-07-31 | 0.07 |
| 2008-04-30 | 0.04 |
| 2008-01-31 | 0.30 |
| 2007-10-31 | 0.29 |
| 2007-07-31 | 0.46 |
| 2007-04-30 | 0.52 |
| 2007-01-31 | 0.06 |
| 2006-10-31 | 0.23 |
| 2006-07-31 | 0.03 |
| 2006-04-30 | 0.02 |
| 2006-01-31 | 0.03 |
| 2005-10-31 | 0.41 |
| 2005-07-31 | 0.29 |
| 2005-04-30 | 0.26 |
| 2005-01-31 | 0.27 |
| 2004-10-31 | 0.33 |
| 2004-07-31 | 0.27 |
| 2004-04-30 | 0.09 |
| 2004-01-31 | 0.29 |
| 2003-10-31 | 0.04 |
| 2003-07-31 | 0.04 |
| 2003-04-30 | 0.15 |
| 2003-01-31 | 0.02 |
| 2002-10-31 | 0.12 |
| 2002-07-31 | 0.02 |
| 2002-04-30 | 0.09 |
| 2002-01-31 | 0.02 |
| 2001-10-31 | 0.02 |
| 2001-07-31 | 0.03 |
| 2001-04-30 | 0.02 |
| 2001-01-31 | 0.02 |
| 2000-10-31 | 0.01 |
| 2000-07-31 | 0.00 |
| 2000-04-30 | 0.23 |
| 2000-01-31 | 0.25 |
| 1999-10-31 | 0.14 |
