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 68% below its 5-year average of 2.14, near the low end of its 5-year range (0.68–2.99).
As of the fiscal period ended Tuesday, June 30, 2026. 52.09% below its 12-month average of 1.42.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.68.
QUICK RATIO (ACID-TEST)
0.68
QUICK RATIO (ACID-TEST) AVG TTM
1.42
QUICK RATIO (ACID-TEST) AVG 3Y
1.88
QUICK RATIO (ACID-TEST) AVG 5Y
2.14
QUICK RATIO (ACID-TEST) AVG 10Y
2.39
QUICK RATIO (ACID-TEST) AVG 15Y
2.24
QUICK RATIO (ACID-TEST) AVG 20Y
2.01
CURRENT VS TTM AVG
-52.09%
CURRENT VS 3Y AVG
-63.89%
CURRENT VS 5Y AVG
-68.23%
CURRENT VS 10Y AVG
-71.59%
CURRENT VS 15Y AVG
-69.73%
CURRENT VS 20Y AVG
-66.16%
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
-56.19%
vs the sector median at left
Mercer International Inc.
Market Cap
$16.08M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.42
3Y Avg
1.88
5Y Avg
2.14
Market Cap
$19.06M
Quick Ratio (Acid-Test)
10.09
TTM Avg
47.57
3Y Avg
24.00
5Y Avg
24.00
Market Cap
$20.20M
Quick Ratio (Acid-Test)
0.68
TTM Avg
2.40
3Y Avg
4.50
5Y Avg
4.58
Market Cap
$11.46M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.71
3Y Avg
3.46
5Y Avg
2.72
Market Cap
$21.52M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$10.42M
Quick Ratio (Acid-Test)
2.17
TTM Avg
2.52
3Y Avg
1.75
5Y Avg
1.99
Market Cap
$10.00M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.04
3Y Avg
2.00
5Y Avg
1.62
Market Cap
$9.99M
Quick Ratio (Acid-Test)
6.00
TTM Avg
1.00
3Y Avg
1.02
5Y Avg
1.07
Market Cap
$9.72M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.41
3Y Avg
0.38
5Y Avg
0.33
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mercer International Inc. (MERC) | $16.08M | 0.68 | 1.42 | 1.88 | 2.14 |
| Greenland Mines Ltd. (GRML)vs › | $19.06M | 10.09 | 47.57 | 24.00 | 24.00 |
| Loop Industries, Inc. (LOOP)vs › | $20.20M | 0.68 | 2.40 | 4.50 | 4.58 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.46M | 2.89 | 2.71 | 3.46 | 2.72 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.52M | 0.63 | 0.64 | 0.75 | 0.77 |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.42M | 2.17 | 2.52 | 1.75 | 1.99 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $10.00M | 1.47 | 2.04 | 2.00 | 1.62 |
| ZK International Group Co., Ltd. (ZKIN)vs › | $9.99M | 6.00 | 1.00 | 1.02 | 1.07 |
| Origin Agritech Limited (SEED)vs › | $9.72M | 0.23 | 0.41 | 0.38 | 0.33 |
| Blue Gold Limited (BGL)vs › | $8.24M | 0.19 | 0.11 | 0.32 | 2.81 |
Quick Ratio
0.68
Excludes inventory
Current Ratio
1.30
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 | 0.68 |
| 2026-03-31 | 1.22 |
| 2025-12-31 | 1.79 |
| 2025-09-30 | 1.68 |
| 2025-06-30 | 1.73 |
| 2025-03-31 | 1.98 |
| 2024-12-31 | 2.14 |
| 2024-09-30 | 2.39 |
| 2024-06-30 | 2.17 |
| 2024-03-31 | 2.38 |
| 2023-12-31 | 2.37 |
| 2023-09-30 | 2.40 |
| 2023-06-30 | 1.54 |
| 2023-03-31 | 1.74 |
| 2022-12-31 | 1.92 |
| 2022-09-30 | 2.20 |
| 2022-06-30 | 2.99 |
| 2022-03-31 | 2.90 |
| 2021-12-31 | 2.50 |
| 2021-09-30 | 2.37 |
| 2021-06-30 | 2.35 |
| 2021-03-31 | 2.81 |
| 2020-12-31 | 2.85 |
| 2020-09-30 | 2.81 |
| 2020-06-30 | 2.65 |
| 2020-03-31 | 2.80 |
| 2019-12-31 | 2.23 |
| 2019-09-30 | 2.52 |
| 2019-06-30 | 2.47 |
| 2019-03-31 | 2.65 |
| 2018-12-31 | 2.59 |
| 2018-09-30 | 2.57 |
| 2018-06-30 | 2.51 |
| 2018-03-31 | 2.92 |
| 2017-12-31 | 1.57 |
| 2017-09-30 | 2.44 |
| 2017-06-30 | 2.31 |
| 2017-03-31 | 3.31 |
| 2016-12-31 | 2.88 |
| 2016-09-30 | 2.40 |
| 2016-06-30 | 2.40 |
| 2016-03-31 | 2.29 |
| 2015-12-31 | 2.37 |
| 2015-09-30 | 2.30 |
| 2015-06-30 | 2.47 |
| 2015-03-31 | 2.03 |
| 2014-12-31 | 2.00 |
| 2014-09-30 | 2.76 |
| 2014-06-30 | 2.19 |
| 2014-03-31 | 1.87 |
| 2013-12-31 | 1.82 |
| 2013-09-30 | 1.68 |
| 2013-06-30 | 1.76 |
| 2013-03-31 | 1.58 |
| 2012-12-31 | 1.66 |
| 2012-09-30 | 1.68 |
| 2012-06-30 | 1.86 |
| 2012-03-31 | 1.94 |
| 2011-12-31 | 2.00 |
| 2011-09-30 | 2.03 |
| 2011-06-30 | 1.85 |
| 2011-03-31 | 1.74 |
| 2010-12-31 | 2.03 |
| 2010-09-30 | 1.48 |
| 2010-06-30 | 1.51 |
| 2010-03-31 | 1.14 |
| 2009-12-31 | 1.27 |
| 2009-09-30 | 1.01 |
| 2009-06-30 | 1.08 |
| 2009-03-31 | 1.19 |
| 2008-12-31 | 1.53 |
| 2008-09-30 | 1.35 |
| 2008-06-30 | 1.50 |
| 2008-03-31 | 1.56 |
| 2007-12-31 | 1.54 |
| 2007-09-30 | 1.44 |
| 2007-06-30 | 1.22 |
| 2007-03-31 | 1.26 |
| 2006-12-31 | 1.32 |
| 2006-09-30 | 1.15 |
| 2006-06-30 | 0.93 |
| 2006-03-31 | 0.92 |
| 2005-12-31 | 1.21 |
| 2005-09-30 | 1.35 |
| 2005-06-30 | 0.97 |
| 2005-03-31 | 1.01 |
| 2004-12-31 | 0.67 |
| 2004-09-30 | 0.38 |
| 2004-06-30 | 0.62 |
| 2004-03-31 | 0.70 |
| 2003-12-31 | 0.59 |
| 2003-09-30 | 0.53 |
| 2003-06-30 | 0.55 |
| 2003-03-31 | 0.96 |
| 2002-12-31 | 0.89 |
| 2002-09-30 | 0.83 |