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 0.23 is 117% above its 2-year average of 0.11, near the high end of its 2-year range (-0.11–0.23).
As of the fiscal period ended Wednesday, December 31, 2025. 103.28% above its 12-month average of 0.11.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 0.23.
QUICK RATIO (ACID-TEST)
0.23
QUICK RATIO (ACID-TEST) AVG TTM
0.11
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+103.28%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.52
median of 120 covered companies
CURRENT VS SECTOR MEDIAN
-84.89%
vs the sector median at left
Market Cap
$68.44M
Quick Ratio (Acid-Test)
5.16
TTM Avg
3.24
3Y Avg
2.63
5Y Avg
2.84
Market Cap
$53.51M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$51.03M
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.64
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$74.24M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.36
3Y Avg
1.43
5Y Avg
2.01
Market Cap
$79.04M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
Market Cap
$80.33M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$39.22M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.32
3Y Avg
0.22
5Y Avg
0.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Namib Minerals (NAMM) | $62.19M | 0.23 | 0.11 | N/A | N/A |
| Nexmetals Mining Corp. (NEXM)vs › | $68.44M | 5.16 | 3.24 | 2.63 | 2.84 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.51M | 0.88 | 0.27 | 0.24 | 2.97 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.03M | 0.33 | 0.64 | 0.80 | 0.80 |
| Northern Technologies International Corporation (NTIC)vs › | $74.24M | 1.15 | 1.36 | 1.43 | 2.01 |
| Atlas Lithium Corporation (ATLX)vs › | $79.04M | 2.40 | 2.65 | 2.61 | 1.77 |
| Julong Holding Limited (JLHL)vs › | $80.33M | 1.21 | 1.15 | 1.27 | 1.27 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.22M | 0.12 | 0.32 | 0.22 | 0.18 |
| Largo Inc. (LGO)vs › | $35.64M | 0.19 | 0.30 | 1.17 | 1.62 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.19M | 2.69 | 2.44 | 5.05 | 3.49 |
Quick Ratio
0.23
Excludes inventory
Current Ratio
0.30
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) |
|---|---|
| 2025-12-31 | 0.23 |
| 2025-09-30 | 0.22 |
| 2025-06-30 | 0.10 |
| 2025-03-31 | -0.11 |
| 2024-12-31 | 0.13 |
| 2024-09-30 | 0.04 |
| 2024-06-30 | 0.15 |
| 2024-03-31 | 0.15 |
| 2023-12-31 | 0.05 |
