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 1.10 is 23% above its 5-year average of 0.89, near the high end of its 5-year range (0.78–1.10).
As of the fiscal period ended Tuesday, June 30, 2026. 12.92% above its 12-month average of 0.98.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.10.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
0.98
QUICK RATIO (ACID-TEST) AVG 3Y
0.91
QUICK RATIO (ACID-TEST) AVG 5Y
0.89
QUICK RATIO (ACID-TEST) AVG 10Y
0.82
QUICK RATIO (ACID-TEST) AVG 15Y
0.79
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+12.92%
CURRENT VS 3Y AVG
+20.83%
CURRENT VS 5Y AVG
+23.36%
CURRENT VS 10Y AVG
+33.97%
CURRENT VS 15Y AVG
+38.73%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.07
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
+2.96%
vs the sector median at left
Plains GP Holdings LP
Market Cap
$5.18B
Quick Ratio (Acid-Test)
1.10
TTM Avg
0.98
3Y Avg
0.91
5Y Avg
0.89
Market Cap
$5.12B
Quick Ratio (Acid-Test)
2.34
TTM Avg
1.71
3Y Avg
1.99
5Y Avg
1.52
Market Cap
$4.68B
Quick Ratio (Acid-Test)
0.56
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
Market Cap
$5.77B
Quick Ratio (Acid-Test)
1.77
TTM Avg
1.57
3Y Avg
1.53
5Y Avg
1.60
Market Cap
$4.48B
Quick Ratio (Acid-Test)
2.95
TTM Avg
2.56
3Y Avg
3.15
5Y Avg
2.91
Market Cap
$4.45B
Quick Ratio (Acid-Test)
0.99
TTM Avg
3.60
3Y Avg
2.67
5Y Avg
2.55
Market Cap
$4.44B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.73
3Y Avg
1.73
5Y Avg
1.89
Market Cap
$4.31B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.40
3Y Avg
1.36
5Y Avg
1.38
Market Cap
$3.96B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Plains GP Holdings LP (PAGP) | $5.18B | 1.10 | 0.98 | 0.91 | 0.89 |
| Golar LNG Limited (GLNG)vs › | $5.12B | 2.34 | 1.71 | 1.99 | 1.52 |
| California Resources Corp (CRC)vs › | $4.68B | 0.56 | 0.87 | 1.01 | 0.90 |
| Weatherford International plc (WFRD)vs › | $5.77B | 1.77 | 1.57 | 1.53 | 1.60 |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 2.95 | 2.56 | 3.15 | 2.91 |
| Icahn Enterprises L.P. (IEP)vs › | $4.45B | 0.99 | 3.60 | 2.67 | 2.55 |
| Oceaneering International, Inc. (OII)vs › | $4.44B | 1.90 | 1.73 | 1.73 | 1.89 |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.31B | 1.57 | 1.40 | 1.36 | 1.38 |
| Helmerich & Payne, Inc. (HP)vs › | $3.96B | 1.55 | 1.90 | 2.06 | 2.32 |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.89B | 0.68 | 0.93 | 0.96 | 0.92 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
1.12
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 | 1.10 |
| 2026-03-31 | 0.88 |
| 2025-12-31 | 0.92 |
| 2025-09-30 | 1.01 |
| 2025-06-30 | 0.97 |
| 2025-03-31 | 0.94 |
| 2024-12-31 | 0.88 |
| 2024-09-30 | 0.92 |
| 2024-06-30 | 0.90 |
| 2024-03-31 | 0.88 |
| 2023-12-31 | 0.87 |
| 2023-09-30 | 0.84 |
| 2023-06-30 | 0.92 |
| 2023-03-31 | 0.87 |
| 2022-12-31 | 0.79 |
| 2022-09-30 | 0.93 |
| 2022-06-30 | 0.89 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 0.86 |
| 2021-09-30 | 0.78 |
| 2021-06-30 | 0.81 |
| 2021-03-31 | 0.84 |
| 2020-12-31 | 0.71 |
| 2020-09-30 | 0.72 |
| 2020-06-30 | 0.69 |
| 2020-03-31 | 0.86 |
| 2019-12-31 | 0.80 |
| 2019-09-30 | 0.79 |
| 2019-06-30 | 0.87 |
| 2019-03-31 | 0.90 |
| 2018-12-31 | 0.84 |
| 2018-09-30 | 0.71 |
| 2018-06-30 | 0.63 |
| 2018-03-31 | 0.73 |
| 2017-12-31 | 0.73 |
| 2017-09-30 | 0.78 |
| 2017-06-30 | 0.69 |
| 2017-03-31 | 0.72 |
| 2016-12-31 | 0.63 |
| 2016-09-30 | 0.62 |
| 2016-06-30 | 0.63 |
| 2016-03-31 | 0.62 |
| 2015-12-31 | 0.60 |
| 2015-09-30 | 0.61 |
| 2015-06-30 | 0.67 |
| 2015-03-31 | 0.72 |
| 2014-12-31 | 0.69 |
| 2014-09-30 | 0.69 |
| 2014-06-30 | 0.75 |
| 2014-03-31 | 0.72 |
| 2013-12-31 | 0.72 |
| 2013-09-30 | 0.79 |
| 2013-06-30 | 0.79 |
| 2013-03-31 | 0.82 |
| 2012-12-31 | 0.76 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
