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 1.78 is in line with its 5-year average of 1.74, around the middle of its 5-year range (0.81–2.23).
As of the fiscal period ended Tuesday, June 30, 2026. 0.49% above its 12-month average of 1.77.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.78
QUICK RATIO (ACID-TEST) AVG TTM
1.77
QUICK RATIO (ACID-TEST) AVG 3Y
1.65
QUICK RATIO (ACID-TEST) AVG 5Y
1.78
QUICK RATIO (ACID-TEST) AVG 10Y
1.95
QUICK RATIO (ACID-TEST) AVG 15Y
1.80
QUICK RATIO (ACID-TEST) AVG 20Y
1.79
CURRENT VS TTM AVG
+0.49%
CURRENT VS 3Y AVG
+7.58%
CURRENT VS 5Y AVG
-0.22%
CURRENT VS 10Y AVG
-8.95%
CURRENT VS 15Y AVG
-1.37%
CURRENT VS 20Y AVG
-0.45%
SECTOR MEDIAN · BASIC MATERIALS
1.17
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+51.32%
vs the sector median at left
Newmont Corporation
Market Cap
$98.74B
Quick Ratio (Acid-Test)
1.78
TTM Avg
1.77
3Y Avg
1.65
5Y Avg
1.78
Market Cap
$90.03B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.11
3Y Avg
1.31
5Y Avg
1.43
Market Cap
$88.84B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.84
Market Cap
$82.74B
Quick Ratio (Acid-Test)
0.53
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$65.67B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.94
Market Cap
$61.54B
Quick Ratio (Acid-Test)
2.33
TTM Avg
2.24
3Y Avg
2.25
5Y Avg
2.49
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newmont Corporation (NEM) | $98.74B | 1.78 | 1.77 | 1.65 | 1.78 |
| Freeport-McMoRan Inc. (FCX)vs › | $90.03B | 1.05 | 1.11 | 1.31 | 1.43 |
| Johnson Controls International plc (JCI)vs › | $88.84B | 0.76 | 0.78 | 0.79 | 0.84 |
| The Sherwin-Williams Company (SHW)vs › | $82.74B | 0.53 | 0.49 | 0.51 | 0.53 |
| Ecolab Inc. (ECL)vs › | $78.14B | 0.81 | 0.88 | 0.90 | 0.97 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.67B | 1.20 | 1.27 | 1.34 | 1.94 |
| Vale S.A. (VALE)vs › | $64.22B | 0.78 | 0.73 | 0.80 | 0.96 |
| CRH plc (CRH)vs › | $63.49B | 1.14 | 1.02 | 1.16 | 1.27 |
| Barrick Mining Corporation (B)vs › | $61.54B | 2.33 | 2.24 | 2.25 | 2.49 |
| Nucor Corporation (NUE)vs › | $58.60B | 1.57 | 1.52 | 1.88 | 1.85 |
Quick Ratio
1.78
Excludes inventory
Current Ratio
2.29
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 | 1.78 |
| 2026-03-31 | 1.95 |
| 2025-12-31 | 1.82 |
| 2025-09-30 | 1.56 |
| 2025-06-30 | 1.74 |
| 2025-03-31 | 1.56 |
| 2024-12-31 | 1.34 |
| 2024-09-30 | 1.62 |
| 2024-06-30 | 1.73 |
| 2024-03-31 | 1.77 |
| 2023-12-31 | 0.81 |
| 2023-09-30 | 1.42 |
| 2023-06-30 | 1.55 |
| 2023-03-31 | 1.67 |
| 2022-12-31 | 1.63 |
| 2022-09-30 | 1.99 |
| 2022-06-30 | 2.14 |
| 2022-03-31 | 2.19 |
| 2021-12-31 | 2.23 |
| 2021-09-30 | 1.98 |
| 2021-06-30 | 1.99 |
| 2021-03-31 | 1.87 |
| 2020-12-31 | 1.99 |
| 2020-09-30 | 2.17 |
| 2020-06-30 | 2.06 |
| 2020-03-31 | 2.81 |
| 2019-12-31 | 1.86 |
| 2019-09-30 | 1.47 |
| 2019-06-30 | 1.07 |
| 2019-03-31 | 2.22 |
| 2018-12-31 | 2.21 |
| 2018-09-30 | 3.38 |
| 2018-06-30 | 3.30 |
| 2018-03-31 | 3.08 |
| 2017-12-31 | 2.65 |
| 2017-09-30 | 2.96 |
| 2017-06-30 | 2.30 |
| 2017-03-31 | 2.17 |
| 2016-12-31 | 1.88 |
| 2016-09-30 | 2.26 |
| 2016-06-30 | 2.66 |
| 2016-03-31 | 2.20 |
| 2015-12-31 | 2.38 |
| 2015-09-30 | 2.16 |
| 2015-06-30 | 2.13 |
| 2015-03-31 | 1.66 |
| 2014-12-31 | 1.85 |
| 2014-09-30 | 1.17 |
| 2014-06-30 | 1.29 |
| 2014-03-31 | 0.95 |
| 2013-12-31 | 1.23 |
| 2013-09-30 | 0.81 |
| 2013-06-30 | 1.34 |
| 2013-03-31 | 1.44 |
| 2012-12-31 | 1.01 |
| 2012-09-30 | 1.46 |
| 2012-06-30 | 1.55 |
| 2012-03-31 | 1.81 |
| 2011-12-31 | 1.19 |
| 2011-09-30 | 1.26 |
| 2011-06-30 | 1.32 |
| 2011-03-31 | 1.89 |
| 2010-12-31 | 2.18 |
| 2010-09-30 | 2.33 |
| 2010-06-30 | 2.53 |
| 2010-03-31 | 2.71 |
| 2009-12-31 | 2.30 |
| 2009-09-30 | 2.07 |
| 2009-06-30 | 1.07 |
| 2009-03-31 | 1.83 |
| 2008-12-31 | 1.15 |
| 2008-09-30 | 1.37 |
| 2008-06-30 | 1.48 |
| 2008-03-31 | 1.50 |
| 2007-12-31 | 1.47 |
| 2007-09-30 | 1.79 |
| 2007-06-30 | 1.83 |
| 2007-03-31 | 1.31 |
| 2006-12-31 | 1.08 |
| 2006-09-30 | 1.36 |
| 2006-06-30 | 1.50 |
| 2006-03-31 | 1.57 |
| 2005-12-31 | 2.01 |
| 2005-09-30 | 2.25 |
| 2005-06-30 | 2.25 |
| 2005-03-31 | 2.64 |
| 2004-12-31 | 2.23 |
| 2004-09-30 | 2.21 |
| 2004-06-30 | 2.43 |
| 2004-03-31 | 2.25 |
| 2003-12-31 | 2.26 |
| 2003-09-30 | 1.10 |
| 2003-06-30 | 1.01 |
| 2003-03-31 | 0.79 |
| 2002-12-31 | 0.89 |
| 2002-09-30 | 0.91 |
