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 25.36 is 2953% above its 5-year average of 0.83, around the middle of its 5-year range (0.05–41.13).
As of the fiscal period ended Tuesday, June 30, 2026. 11.41% below its 12-month average of 28.63.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 25.36.
QUICK RATIO (ACID-TEST)
25.36
QUICK RATIO (ACID-TEST) AVG TTM
28.63
QUICK RATIO (ACID-TEST) AVG 3Y
11.25
QUICK RATIO (ACID-TEST) AVG 5Y
0.83
QUICK RATIO (ACID-TEST) AVG 10Y
0.59
QUICK RATIO (ACID-TEST) AVG 15Y
0.68
QUICK RATIO (ACID-TEST) AVG 20Y
0.98
CURRENT VS TTM AVG
-11.41%
CURRENT VS 3Y AVG
+125.35%
CURRENT VS 5Y AVG
+2953.28%
CURRENT VS 10Y AVG
+4195.34%
CURRENT VS 15Y AVG
+3636.51%
CURRENT VS 20Y AVG
+2494.45%
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
+1536.23%
vs the sector median at left
NioCorp Developments Ltd.
Market Cap
$515.38M
Quick Ratio (Acid-Test)
25.36
TTM Avg
28.63
3Y Avg
11.25
5Y Avg
0.83
Market Cap
$465.29M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.16
3Y Avg
1.31
5Y Avg
1.52
Market Cap
$572.71M
Quick Ratio (Acid-Test)
5.47
TTM Avg
7.75
3Y Avg
5.97
5Y Avg
6.95
Market Cap
$596.72M
Quick Ratio (Acid-Test)
2.50
TTM Avg
3.04
3Y Avg
2.62
5Y Avg
2.18
Market Cap
$421.10M
Quick Ratio (Acid-Test)
3.85
TTM Avg
4.39
3Y Avg
2.80
5Y Avg
2.80
Market Cap
$621.80M
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.45
3Y Avg
1.46
5Y Avg
1.44
Market Cap
$363.81M
Quick Ratio (Acid-Test)
3.85
TTM Avg
10.62
3Y Avg
6.20
5Y Avg
7.08
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NioCorp Developments Ltd. (NB) | $515.38M | 25.36 | 28.63 | 11.25 | 0.83 |
| REalloys Inc. (ALOY)vs › | $560.86M | 30.68 | 0.15 | 0.71 | 1.17 |
| Algoma Steel Group Inc. (ASTL)vs › | $465.29M | 1.35 | 1.16 | 1.31 | 1.52 |
| Lithium Americas Corp. (LAC)vs › | $572.71M | 5.47 | 7.75 | 5.97 | 6.95 |
| Janus International Group, Inc. (JBI)vs › | $596.72M | 2.50 | 3.04 | 2.62 | 2.18 |
| Blue Moon Metals Inc. (BMM)vs › | $421.10M | 3.85 | 4.39 | 2.80 | 2.80 |
| Limbach Holdings, Inc. (LMB)vs › | $621.80M | 1.49 | 1.45 | 1.46 | 1.44 |
| ASP Isotopes Inc. Common Stock (ASPI)vs › | $363.81M | 3.85 | 10.62 | 6.20 | 7.08 |
| Gevo, Inc. (GEVO)vs › | $312.10M | 2.19 | 5.03 | 7.58 | 9.76 |
| Friedman Industries, Incorporated (FRD)vs › | $301.64M | 1.00 | 1.25 | 1.19 | 1.19 |
Quick Ratio
25.36
Excludes inventory
Current Ratio
25.36
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 | 25.36 |
| 2026-03-31 | 31.08 |
| 2025-12-31 | 31.45 |
| 2025-09-30 | 41.13 |
| 2025-06-30 | 14.12 |
| 2025-03-31 | 1.22 |
| 2024-12-31 | 0.19 |
| 2024-09-30 | 0.15 |
| 2024-06-30 | 0.24 |
| 2024-03-31 | 0.05 |
| 2023-12-31 | 0.09 |
| 2023-09-30 | 0.16 |
| 2023-06-30 | 1.05 |
| 2023-03-31 | 1.55 |
| 2022-12-31 | 0.08 |
| 2022-09-30 | 0.52 |
| 2022-06-30 | 1.12 |
| 2022-03-31 | 0.74 |
| 2021-12-31 | 2.03 |
| 2021-09-30 | 2.22 |
| 2021-06-30 | 1.87 |
| 2021-03-31 | 1.51 |
| 2020-12-31 | 0.02 |
| 2020-09-30 | 0.08 |
| 2020-06-30 | 0.04 |
| 2020-03-31 | 0.01 |
| 2019-12-31 | 0.01 |
| 2019-09-30 | 0.01 |
| 2019-06-30 | 0.08 |
| 2019-03-31 | 0.16 |
| 2018-12-31 | 0.33 |
| 2018-09-30 | 0.85 |
| 2018-06-30 | 0.14 |
| 2018-03-31 | 0.24 |
| 2017-12-31 | 0.10 |
| 2017-09-30 | 0.16 |
| 2017-06-30 | 0.10 |
| 2017-03-31 | 1.16 |
| 2016-12-31 | 0.13 |
| 2016-09-30 | 0.84 |
| 2016-06-30 | 2.00 |
| 2016-03-31 | 1.13 |
| 2015-12-31 | 0.62 |
| 2015-09-30 | 0.10 |
| 2015-06-30 | 0.13 |
| 2015-03-31 | 0.76 |
| 2014-12-31 | 1.57 |
| 2014-09-30 | 0.10 |
| 2014-06-30 | 1.58 |
| 2014-03-31 | 3.23 |
| 2013-12-31 | 0.69 |
| 2013-09-30 | 0.07 |
| 2013-06-30 | 0.07 |
| 2013-03-31 | 0.05 |
| 2012-12-31 | 0.14 |
| 2012-09-30 | 0.07 |
| 2012-06-30 | 0.11 |
| 2012-03-31 | 1.11 |
| 2011-12-31 | 1.73 |
| 2011-09-30 | 1.28 |
| 2011-06-30 | 2.20 |
| 2011-03-31 | 11.70 |
| 2010-12-31 | 17.23 |
| 2010-09-30 | 0.12 |
| 2010-06-30 | 3.58 |
| 2010-03-31 | 13.09 |
| 2009-12-31 | 2.66 |
| 2009-09-30 | 3.19 |
| 2009-06-30 | 6.18 |
| 2009-03-31 | 0.21 |
| 2008-12-31 | 0.15 |
| 2008-09-30 | 0.37 |
| 2008-06-30 | 0.70 |
| 2008-03-31 | 1.65 |
| 2007-12-31 | 1.89 |
| 2007-09-30 | 2.50 |
| 2007-06-30 | 4.47 |
| 2007-03-31 | 5.87 |
| 2006-12-31 | 4.53 |
| 2006-09-30 | 4.76 |
| 2006-06-30 | 0.61 |
| 2006-03-31 | 0.69 |
| 2005-12-31 | 0.49 |
| 2005-09-30 | 2.38 |
| 2005-06-30 | 3.71 |
| 2005-03-31 | 6.20 |
| 2004-12-31 | 0.86 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 3.77 |
| 2004-03-31 | 7.11 |
| 2003-12-31 | 0.17 |
| 2003-09-30 | 0.28 |
| 2003-06-30 | 1.40 |
| 2003-03-31 | 0.03 |
| 2002-12-31 | 0.05 |
| 2002-09-30 | 0.03 |
