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 5.16 is 21% above its 2-year average of 4.25, around the middle of its 2-year range (0.00–7.72).
As of the fiscal period ended Tuesday, June 30, 2026. 1.48% above its 12-month average of 5.08.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.16.
QUICK RATIO (ACID-TEST)
5.16
QUICK RATIO (ACID-TEST) AVG TTM
5.08
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
+1.48%
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 124 covered companies
CURRENT VS SECTOR MEDIAN
+240.47%
vs the sector median at left
Nexmetals Mining Corp.
Market Cap
$65.59M
Quick Ratio (Acid-Test)
5.16
TTM Avg
5.08
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$63.18M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.18
3Y Avg
0.16
5Y Avg
1.46
Market Cap
$74.09M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.36
3Y Avg
1.43
5Y Avg
2.01
Market Cap
$53.05M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$78.76M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
Market Cap
$50.36M
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.64
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$79.92M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$39.19M
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 |
|---|---|---|---|---|---|
| Nexmetals Mining Corp. (NEXM) | $65.59M | 5.16 | 5.08 | N/A | N/A |
| Namib Minerals (NAMM)vs › | $63.18M | 0.23 | 0.18 | 0.16 | 1.46 |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | 1.15 | 1.36 | 1.43 | 2.01 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.05M | 0.88 | 0.27 | 0.24 | 2.97 |
| Atlas Lithium Corporation (ATLX)vs › | $78.76M | 2.40 | 2.65 | 2.61 | 1.77 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $50.36M | 0.33 | 0.64 | 0.80 | 0.80 |
| Julong Holding Limited (JLHL)vs › | $79.92M | 1.21 | 1.15 | 1.27 | 1.27 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.19M | 0.12 | 0.32 | 0.22 | 0.18 |
| Largo Inc. (LGO)vs › | $36.27M | 0.19 | 0.30 | 1.17 | 1.62 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.83M | 2.69 | 2.44 | 5.05 | 3.49 |
Quick Ratio
5.16
Excludes inventory
Current Ratio
5.16
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 | 5.16 |
| 2026-03-31 | 7.72 |
| 2025-12-31 | 4.67 |
| 2025-09-30 | 2.53 |
| 2025-06-30 | 5.34 |
| 2025-03-31 | 6.43 |
| 2024-12-31 | 1.81 |
| 2024-09-30 | 3.49 |
| 2024-06-30 | 5.31 |
| 2024-03-31 | 0.00 |
