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 0.72 is 22% below its 5-year average of 0.92, near the low end of its 5-year range (0.48–1.51).
As of the fiscal period ended Tuesday, June 30, 2026. 2.31% below its 12-month average of 0.73.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.72.
QUICK RATIO (ACID-TEST)
0.72
QUICK RATIO (ACID-TEST) AVG TTM
0.73
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
0.92
QUICK RATIO (ACID-TEST) AVG 10Y
1.47
QUICK RATIO (ACID-TEST) AVG 15Y
1.80
QUICK RATIO (ACID-TEST) AVG 20Y
2.14
CURRENT VS TTM AVG
-2.31%
CURRENT VS 3Y AVG
-19.30%
CURRENT VS 5Y AVG
-21.73%
CURRENT VS 10Y AVG
-51.13%
CURRENT VS 15Y AVG
-60.05%
CURRENT VS 20Y AVG
-66.55%
SECTOR MEDIAN · ENERGY
1.00
median of 53 covered companies
CURRENT VS SECTOR MEDIAN
-28.24%
vs the sector median at left
Cheniere Energy, Inc.
Market Cap
$56.57B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.73
3Y Avg
0.89
5Y Avg
0.92
Market Cap
$55.59B
Quick Ratio (Acid-Test)
1.76
TTM Avg
0.97
3Y Avg
0.93
5Y Avg
1.01
Market Cap
$57.77B
Quick Ratio (Acid-Test)
1.13
TTM Avg
0.73
3Y Avg
0.76
5Y Avg
0.81
Market Cap
$60.47B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.58
3Y Avg
0.62
5Y Avg
0.65
Market Cap
$52.41B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.93
3Y Avg
1.01
5Y Avg
1.27
Market Cap
$51.96B
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.41
3Y Avg
0.58
5Y Avg
0.62
Market Cap
$61.49B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.52
3Y Avg
0.58
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cheniere Energy, Inc. (LNG) | $56.57B | 0.72 | 0.73 | 0.89 | 0.92 |
| MPLX Lp (MPLX)vs › | $57.21B | 0.83 | 1.07 | 0.97 | 0.83 |
| Baker Hughes Company (BKR)vs › | $55.59B | 1.76 | 0.97 | 0.93 | 1.01 |
| ONEOK, Inc. (OKE)vs › | $55.38B | 0.59 | 0.65 | 0.65 | 0.71 |
| Occidental Petroleum Corporation (OXY)vs › | $57.77B | 1.13 | 0.73 | 0.76 | 0.81 |
| Targa Resources Corp. (TRGP)vs › | $60.47B | 0.68 | 0.58 | 0.62 | 0.65 |
| Devon Energy Corporation (DVN)vs › | $52.41B | 0.67 | 0.93 | 1.01 | 1.27 |
| Diamondback Energy, Inc. (FANG)vs › | $51.96B | 0.45 | 0.41 | 0.58 | 0.62 |
| TC Energy Corporation (TRP)vs › | $61.49B | 0.54 | 0.52 | 0.58 | 0.53 |
| Kinder Morgan, Inc. (KMI)vs › | $69.19B | 0.41 | 0.45 | 0.41 | 0.46 |
Quick Ratio
0.72
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 | 0.72 |
| 2026-03-31 | 0.48 |
| 2025-12-31 | 0.81 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.85 |
| 2025-03-31 | 1.06 |
| 2024-12-31 | 0.97 |
| 2024-09-30 | 0.98 |
| 2024-06-30 | 0.93 |
| 2024-03-31 | 0.92 |
| 2023-12-31 | 1.51 |
| 2023-09-30 | 1.43 |
| 2023-06-30 | 1.25 |
| 2023-03-31 | 1.30 |
| 2022-12-31 | 0.70 |
| 2022-09-30 | 0.65 |
| 2022-06-30 | 0.72 |
| 2022-03-31 | 1.11 |
| 2021-12-31 | 0.93 |
| 2021-09-30 | 0.78 |
| 2021-06-30 | 0.94 |
| 2021-03-31 | 1.03 |
| 2020-12-31 | 1.31 |
| 2020-09-30 | 1.75 |
| 2020-06-30 | 2.47 |
| 2020-03-31 | 1.01 |
| 2019-12-31 | 2.08 |
| 2019-09-30 | 2.06 |
| 2019-06-30 | 1.87 |
| 2019-03-31 | 2.18 |
| 2018-12-31 | 2.25 |
| 2018-09-30 | 2.50 |
| 2018-06-30 | 2.16 |
| 2018-03-31 | 3.51 |
| 2017-12-31 | 2.50 |
| 2017-09-30 | 2.87 |
| 2017-06-30 | 2.64 |
| 2017-03-31 | 2.65 |
| 2016-12-31 | 1.93 |
| 2016-09-30 | 0.78 |
| 2016-06-30 | 0.80 |
| 2016-03-31 | 0.75 |
| 2015-12-31 | 0.81 |
| 2015-09-30 | 3.92 |
| 2015-06-30 | 3.51 |
| 2015-03-31 | 8.36 |
| 2014-12-31 | 9.68 |
| 2014-09-30 | 3.41 |
| 2014-06-30 | 4.06 |
| 2014-03-31 | 7.52 |
| 2013-12-31 | 6.67 |
| 2013-09-30 | 4.66 |
| 2013-06-30 | 2.45 |
| 2013-03-31 | 3.16 |
| 2012-12-31 | 4.64 |
| 2012-09-30 | 4.53 |
| 2012-06-30 | 2.19 |
| 2012-03-31 | 1.87 |
| 2011-12-31 | 1.00 |
| 2011-09-30 | 0.51 |
| 2011-06-30 | 0.70 |
| 2011-03-31 | 1.75 |
| 2010-12-31 | 2.48 |
| 2010-09-30 | 0.61 |
| 2010-06-30 | 3.37 |
| 2010-03-31 | 3.19 |
| 2009-12-31 | 3.83 |
| 2009-09-30 | 2.58 |
| 2009-06-30 | 3.08 |
| 2009-03-31 | 3.42 |
| 2008-12-31 | 6.30 |
| 2008-09-30 | 4.61 |
| 2008-06-30 | 3.15 |
| 2008-03-31 | 2.22 |
| 2007-12-31 | 2.00 |
| 2007-09-30 | 2.61 |
| 2007-06-30 | 7.17 |
| 2007-03-31 | 4.48 |
| 2006-12-31 | 10.49 |
| 2006-09-30 | 9.41 |
| 2006-06-30 | 11.30 |
| 2006-03-31 | 21.12 |
| 2005-12-31 | 11.56 |
| 2005-09-30 | 28.44 |
| 2005-06-30 | 4.04 |
| 2005-03-31 | 24.62 |
| 2004-12-31 | 56.30 |
| 2004-09-30 | 3.20 |
| 2004-06-30 | 3.55 |
| 2004-03-31 | 5.02 |
| 2003-12-31 | 0.94 |
| 2003-09-30 | 1.45 |
| 2003-06-30 | 2.03 |
| 2003-03-31 | 0.76 |
| 2002-12-31 | 0.57 |
| 2002-09-30 | 0.37 |
