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 0.68 is 84% below its 5-year average of 4.30, near the low end of its 5-year range (0.11–11.59).
As of the fiscal period ended Sunday, May 31, 2026. 60.79% below its 12-month average of 1.74.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-05-31): 0.68.
QUICK RATIO (ACID-TEST)
0.68
QUICK RATIO (ACID-TEST) AVG TTM
1.74
QUICK RATIO (ACID-TEST) AVG 3Y
2.53
QUICK RATIO (ACID-TEST) AVG 5Y
4.30
QUICK RATIO (ACID-TEST) AVG 10Y
4.27
QUICK RATIO (ACID-TEST) AVG 15Y
3.58
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-60.79%
CURRENT VS 3Y AVG
-73.10%
CURRENT VS 5Y AVG
-84.16%
CURRENT VS 10Y AVG
-84.05%
CURRENT VS 15Y AVG
-80.96%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.48
median of 130 covered companies
CURRENT VS SECTOR MEDIAN
-54.15%
vs the sector median at left
Loop Industries, Inc.
Market Cap
$20.42M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.74
3Y Avg
2.53
5Y Avg
4.30
Market Cap
$21.59M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$18.55M
Quick Ratio (Acid-Test)
10.09
TTM Avg
47.57
3Y Avg
24.00
5Y Avg
24.00
Market Cap
$16.85M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.97
3Y Avg
2.05
5Y Avg
2.26
Market Cap
$11.38M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.71
3Y Avg
3.46
5Y Avg
2.72
Market Cap
$10.31M
Quick Ratio (Acid-Test)
2.17
TTM Avg
2.52
3Y Avg
1.75
5Y Avg
1.99
Market Cap
$9.82M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.41
3Y Avg
0.38
5Y Avg
0.33
Market Cap
$31.32M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.44
3Y Avg
5.05
5Y Avg
3.49
Market Cap
$9.66M
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 |
|---|---|---|---|---|---|
| Loop Industries, Inc. (LOOP) | $20.42M | 0.68 | 1.74 | 2.53 | 4.30 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.59M | 0.63 | 0.64 | 0.75 | 0.77 |
| Greenland Mines Ltd. (GRML)vs › | $18.55M | 10.09 | 47.57 | 24.00 | 24.00 |
| Mercer International Inc. (MERC)vs › | $16.85M | 0.68 | 1.97 | 2.05 | 2.26 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.38M | 2.89 | 2.71 | 3.46 | 2.72 |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.31M | 2.17 | 2.52 | 1.75 | 1.99 |
| Origin Agritech Limited (SEED)vs › | $9.82M | 0.23 | 0.41 | 0.38 | 0.33 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.32M | 2.69 | 2.44 | 5.05 | 3.49 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.66M | 1.47 | 2.04 | 2.00 | 1.62 |
| Blue Gold Limited (BGL)vs › | $8.27M | 0.19 | 0.11 | 0.32 | 2.81 |
Quick Ratio
0.68
Excludes inventory
Current Ratio
0.68
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) |
|---|---|
| 2026-05-31 | 0.68 |
| 2026-02-28 | 1.31 |
| 2025-11-30 | 1.67 |
| 2025-08-31 | 2.23 |
| 2025-05-31 | 2.79 |
| 2025-02-28 | 3.48 |
| 2024-11-30 | 0.11 |
| 2024-08-31 | 0.47 |
| 2024-05-31 | 1.93 |
| 2024-02-29 | 3.26 |
| 2023-11-30 | 6.44 |
| 2023-08-31 | 7.20 |
| 2023-05-31 | 6.01 |
| 2023-02-28 | 9.96 |
| 2022-11-30 | 4.37 |
| 2022-08-31 | 4.48 |
| 2022-05-31 | 5.05 |
| 2022-02-28 | 5.29 |
| 2021-11-30 | 9.80 |
| 2021-08-31 | 11.59 |
| 2021-05-31 | 2.15 |
| 2021-02-28 | 4.15 |
| 2020-11-30 | 11.11 |
| 2020-08-31 | 12.04 |
| 2020-05-31 | 20.53 |
| 2020-02-29 | 16.17 |
| 2019-11-30 | 5.48 |
| 2019-08-31 | 6.68 |
| 2019-05-31 | 1.16 |
| 2019-02-28 | 0.78 |
| 2018-11-30 | 0.77 |
| 2018-08-31 | 1.29 |
| 2018-05-31 | 2.76 |
| 2018-02-28 | 4.43 |
| 2017-11-30 | 2.92 |
| 2017-08-31 | 6.09 |
| 2017-05-31 | 8.49 |
| 2017-02-28 | 1.28 |
| 2016-11-30 | 2.05 |
| 2016-08-31 | 3.12 |
| 2016-05-31 | 1.65 |
| 2016-02-29 | 0.67 |
| 2015-11-30 | 1.40 |
| 2015-08-31 | 7.29 |
| 2015-05-31 | 22.70 |
| 2015-03-31 | 0.06 |
| 2014-12-31 | 0.13 |
| 2014-09-30 | 0.10 |
| 2014-06-30 | 0.16 |
| 2014-03-31 | 0.18 |
| 2013-12-31 | 0.32 |
| 2013-09-30 | 0.28 |
| 2013-06-30 | 1.19 |
| 2013-03-31 | 2.30 |
| 2012-12-31 | 2.19 |
| 2012-09-30 | 1.89 |
| 2012-06-30 | 3.03 |
| 2012-03-31 | 2.99 |
| 2011-12-31 | 4.76 |
| 2011-09-30 | 4.71 |
| 2011-06-30 | 7.21 |
| 2011-03-31 | 0.57 |
| 2010-12-31 | 0.00 |
| 2010-06-30 | 0.00 |
