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 2.12 is 14% above its 5-year average of 1.85, near the high end of its 5-year range (0.87–2.53).
As of the fiscal period ended Tuesday, June 30, 2026. 1.88% above its 12-month average of 2.08.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.12
QUICK RATIO (ACID-TEST) AVG TTM
2.08
QUICK RATIO (ACID-TEST) AVG 3Y
2.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.85
QUICK RATIO (ACID-TEST) AVG 10Y
1.62
QUICK RATIO (ACID-TEST) AVG 15Y
1.54
QUICK RATIO (ACID-TEST) AVG 20Y
1.84
CURRENT VS TTM AVG
+1.88%
CURRENT VS 3Y AVG
+3.39%
CURRENT VS 5Y AVG
+14.33%
CURRENT VS 10Y AVG
+30.66%
CURRENT VS 15Y AVG
+37.15%
CURRENT VS 20Y AVG
+14.97%
SECTOR MEDIAN · ENERGY
1.10
median of 34 covered companies
CURRENT VS SECTOR MEDIAN
+93.29%
vs the sector median at left
Natural Resource Partners L.P.
Market Cap
$1.39B
Quick Ratio (Acid-Test)
2.12
TTM Avg
2.08
3Y Avg
2.05
5Y Avg
1.85
Market Cap
$1.34B
Quick Ratio (Acid-Test)
N/A
TTM Avg
15.75
3Y Avg
16.35
5Y Avg
15.30
Market Cap
$1.97B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.41
3Y Avg
1.83
5Y Avg
2.17
Market Cap
$776.82M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.86
3Y Avg
1.76
5Y Avg
1.76
Market Cap
$415.02M
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.55
3Y Avg
0.55
5Y Avg
0.53
Market Cap
$235.01M
Quick Ratio (Acid-Test)
10.25
TTM Avg
4.92
3Y Avg
4.41
5Y Avg
4.55
Market Cap
$3.60B
Quick Ratio (Acid-Test)
4.52
TTM Avg
3.55
3Y Avg
2.19
5Y Avg
1.77
Market Cap
$4.42B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$4.73B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Natural Resource Partners L.P. (NRP) | $1.39B | 2.12 | 2.08 | 2.05 | 1.85 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.34B | N/A | 15.75 | 16.35 | 15.30 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $1.97B | 1.38 | 1.41 | 1.83 | 2.17 |
| Array Technologies, Inc. (ARRY)vs › | $776.82M | 1.81 | 1.86 | 1.76 | 1.76 |
| Star Group, L.P. (SGU)vs › | $415.02M | 0.69 | 0.55 | 0.55 | 0.53 |
| enCore Energy Corp. (EU)vs › | $235.01M | 10.25 | 4.92 | 4.41 | 4.55 |
| Centrus Energy Corp. (LEU)vs › | $3.60B | 4.52 | 3.55 | 2.19 | 1.77 |
| Helmerich & Payne, Inc. (HP)vs › | $4.42B | 1.55 | 1.90 | 2.06 | 2.32 |
| California Resources Corp (CRC)vs › | $4.73B | N/A | 0.87 | 1.01 | 0.90 |
| Enphase Energy, Inc. (ENPH)vs › | $5.35B | 2.95 | 2.56 | 3.15 | 2.91 |
Quick Ratio
2.12
Excludes inventory
Current Ratio
2.12
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 | 2.12 |
| 2026-03-31 | 2.09 |
| 2025-12-31 | 1.85 |
| 2025-09-30 | 2.14 |
| 2025-06-30 | 2.20 |
| 2025-03-31 | 2.45 |
| 2024-12-31 | 2.00 |
| 2024-09-30 | 2.33 |
| 2024-06-30 | 2.43 |
| 2024-03-31 | 1.76 |
| 2023-12-31 | 1.11 |
| 2023-09-30 | 1.14 |
| 2023-06-30 | 0.99 |
| 2023-03-31 | 1.09 |
| 2022-12-31 | 1.39 |
| 2022-09-30 | 0.87 |
| 2022-06-30 | 1.69 |
| 2022-03-31 | 2.52 |
| 2021-12-31 | 2.53 |
| 2021-09-30 | 2.15 |
| 2021-06-30 | 2.03 |
| 2021-03-31 | 1.79 |
| 2020-12-31 | 1.91 |
| 2020-09-30 | 2.03 |
| 2020-06-30 | 2.16 |
| 2020-03-31 | 1.98 |
| 2019-12-31 | 2.11 |
| 2019-09-30 | 1.94 |
| 2019-06-30 | 1.77 |
| 2019-03-31 | 2.70 |
| 2018-12-31 | 1.63 |
| 2018-09-30 | 1.20 |
| 2018-06-30 | 1.03 |
| 2018-03-31 | 0.76 |
| 2017-12-31 | 0.70 |
| 2017-09-30 | 0.85 |
| 2017-06-30 | 0.46 |
| 2017-03-31 | 0.62 |
| 2016-12-31 | 0.52 |
| 2016-09-30 | 0.73 |
| 2016-06-30 | 0.68 |
| 2016-03-31 | 0.55 |
| 2015-12-31 | 0.83 |
| 2015-09-30 | 0.84 |
| 2015-06-30 | 0.42 |
| 2015-03-31 | 0.43 |
| 2014-12-31 | 0.88 |
| 2014-09-30 | 0.96 |
| 2014-06-30 | 0.94 |
| 2014-03-31 | 0.84 |
| 2013-12-31 | 1.10 |
| 2013-09-30 | 1.67 |
| 2013-06-30 | 1.75 |
| 2013-03-31 | 1.50 |
| 2012-12-31 | 1.67 |
| 2012-09-30 | 1.51 |
| 2012-06-30 | 1.48 |
| 2012-03-31 | 2.07 |
| 2011-12-31 | 4.32 |
| 2011-09-30 | 3.68 |
| 2011-06-30 | 3.05 |
| 2011-03-31 | 2.12 |
| 2010-12-31 | 2.29 |
| 2010-09-30 | 2.43 |
| 2010-06-30 | 1.97 |
| 2010-03-31 | 1.96 |
| 2009-12-31 | 2.00 |
| 2009-09-30 | 1.63 |
| 2009-06-30 | 2.16 |
| 2009-03-31 | 2.18 |
| 2008-12-31 | 3.63 |
| 2008-09-30 | 3.42 |
| 2008-06-30 | 2.83 |
| 2008-03-31 | 3.07 |
| 2007-12-31 | 2.58 |
| 2007-09-30 | 2.81 |
| 2007-06-30 | 3.18 |
| 2007-03-31 | 3.54 |
| 2006-12-31 | 3.74 |
| 2006-09-30 | 3.65 |
| 2006-06-30 | 3.51 |
| 2006-03-31 | 4.01 |
| 2005-12-31 | 4.17 |
| 2005-09-30 | 3.77 |
| 2005-06-30 | 4.72 |
| 2005-03-31 | 3.80 |
| 2004-12-31 | 3.79 |
| 2004-09-30 | 3.07 |
| 2004-06-30 | 2.61 |
| 2004-03-31 | 2.65 |
| 2003-12-31 | 2.48 |
| 2003-09-30 | 2.09 |
| 2003-06-30 | 2.01 |
| 2003-03-31 | 9.26 |
| 2002-12-31 | 5.19 |
| 2002-09-30 | 4.60 |
