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 0.50 is in line with its 5-year average of 0.51, near the low end of its 5-year range (0.36–1.20).
As of the fiscal period ended Tuesday, June 30, 2026. 6.51% below its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.50
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.54
QUICK RATIO (ACID-TEST) AVG 5Y
0.51
QUICK RATIO (ACID-TEST) AVG 10Y
0.53
QUICK RATIO (ACID-TEST) AVG 15Y
0.61
QUICK RATIO (ACID-TEST) AVG 20Y
0.64
CURRENT VS TTM AVG
-6.51%
CURRENT VS 3Y AVG
-6.61%
CURRENT VS 5Y AVG
-1.67%
CURRENT VS 10Y AVG
-6.06%
CURRENT VS 15Y AVG
-18.05%
CURRENT VS 20Y AVG
-22.13%
SECTOR MEDIAN · ENERGY
1.07
median of 41 covered companies
CURRENT VS SECTOR MEDIAN
-53.16%
vs the sector median at left
Pembina Pipeline Corporation
Market Cap
$27.91B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.54
3Y Avg
0.54
5Y Avg
0.51
Market Cap
$30.22B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.52
3Y Avg
1.51
5Y Avg
1.57
Market Cap
$25.13B
Quick Ratio (Acid-Test)
N/A
TTM Avg
6.37
3Y Avg
8.91
5Y Avg
7.91
Market Cap
$22.72B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.82
3Y Avg
1.16
5Y Avg
0.98
Market Cap
$21.97B
Quick Ratio (Acid-Test)
2.00
TTM Avg
2.00
3Y Avg
2.42
5Y Avg
2.61
Market Cap
$34.63B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.05
3Y Avg
1.36
5Y Avg
1.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pembina Pipeline Corporation (PBA) | $27.91B | 0.50 | 0.54 | 0.54 | 0.51 |
| Tenaris S.A. (TS)vs › | $28.96B | 2.39 | 2.21 | 2.08 | 2.01 |
| Halliburton Company (HAL)vs › | $30.22B | 1.50 | 1.52 | 1.51 | 1.57 |
| Texas Pacific Land Corporation (TPL)vs › | $25.13B | N/A | 6.37 | 8.91 | 7.91 |
| Expand Energy Corporation (EXE)vs › | $22.72B | N/A | 0.82 | 1.16 | 0.98 |
| First Solar, Inc. (FSLR)vs › | $21.97B | 2.00 | 2.00 | 2.42 | 2.61 |
| EQT Corporation (EQT)vs › | $34.13B | N/A | 0.73 | 0.88 | 0.78 |
| Venture Global, Inc. (VG)vs › | $34.63B | 1.11 | 1.05 | 1.36 | 1.36 |
| APA Corporation (APA)vs › | $15.04B | 0.79 | 0.85 | 0.83 | 0.88 |
| Nextpower Inc. (NXT)vs › | $12.96B | 2.46 | 2.03 | 1.77 | 1.57 |
Quick Ratio
0.50
Excludes inventory
Current Ratio
0.62
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 | 0.50 |
| 2026-03-31 | 0.68 |
| 2025-12-31 | 0.47 |
| 2025-09-30 | 0.41 |
| 2025-06-30 | 0.62 |
| 2025-03-31 | 0.52 |
| 2024-12-31 | 0.44 |
| 2024-09-30 | 0.51 |
| 2024-06-30 | 0.55 |
| 2024-03-31 | 0.93 |
| 2023-12-31 | 0.71 |
| 2023-09-30 | 0.50 |
| 2023-06-30 | 0.52 |
| 2023-03-31 | 0.39 |
| 2022-12-31 | 0.53 |
| 2022-09-30 | 0.57 |
| 2022-06-30 | 1.20 |
| 2022-03-31 | 0.46 |
| 2021-12-31 | 0.36 |
| 2021-09-30 | 0.41 |
| 2021-06-30 | 0.52 |
| 2021-03-31 | 0.55 |
| 2020-12-31 | 0.43 |
| 2020-09-30 | 0.54 |
| 2020-06-30 | 0.40 |
| 2020-03-31 | 0.51 |
| 2019-12-31 | 0.59 |
| 2019-09-30 | 0.82 |
| 2019-06-30 | 0.62 |
| 2019-03-31 | 0.50 |
| 2018-12-31 | 0.55 |
| 2018-09-30 | 0.51 |
| 2018-06-30 | 0.41 |
| 2018-03-31 | 0.83 |
| 2017-12-31 | 0.75 |
| 2017-09-30 | 0.60 |
| 2017-06-30 | 0.58 |
| 2017-03-31 | 0.59 |
| 2016-12-31 | 0.63 |
| 2016-09-30 | 0.60 |
| 2016-06-30 | 0.70 |
| 2016-03-31 | 1.20 |
| 2015-12-31 | 0.87 |
| 2015-09-30 | 0.70 |
| 2015-06-30 | 1.17 |
| 2015-03-31 | 0.84 |
| 2014-12-31 | 0.78 |
| 2014-09-30 | 1.32 |
| 2014-06-30 | 1.33 |
| 2014-03-31 | 0.73 |
| 2013-12-31 | 0.60 |
| 2013-09-30 | 0.55 |
| 2013-06-30 | 0.54 |
| 2013-03-31 | 0.89 |
| 2012-12-31 | 0.89 |
| 2012-09-30 | 0.90 |
| 2012-06-30 | 1.00 |
| 2012-03-31 | 0.78 |
| 2011-12-31 | 0.30 |
| 2011-09-30 | 0.39 |
| 2011-06-30 | 1.60 |
| 2011-03-31 | 2.09 |
| 2010-12-31 | 1.79 |
| 2010-09-30 | 0.40 |
| 2010-06-30 | 0.44 |
| 2010-03-31 | 0.64 |
| 2009-12-31 | 0.50 |
| 2009-09-30 | 1.28 |
| 2009-06-30 | 1.14 |
| 2009-03-31 | 0.48 |
| 2008-12-31 | 0.43 |
| 2008-09-30 | 0.49 |
| 2008-06-30 | 0.57 |
| 2008-03-31 | 0.58 |
| 2007-12-31 | 0.89 |
| 2007-09-30 | 0.80 |
| 2007-06-30 | 0.79 |
| 2007-03-31 | 0.69 |
| 2006-12-31 | 0.66 |
| 2006-09-30 | 1.07 |
| 2006-06-30 | 0.43 |
| 2006-03-31 | 0.62 |
| 2005-12-31 | 0.60 |
| 2005-09-30 | 0.58 |
| 2005-06-30 | 0.51 |
| 2005-03-31 | 0.61 |
| 2004-12-31 | 0.97 |
| 2004-09-30 | 1.17 |
| 2004-06-30 | 1.11 |
| 2004-03-31 | 0.21 |
| 2003-12-31 | 0.23 |
| 2003-09-30 | 0.95 |
| 2003-06-30 | 1.08 |
| 2003-03-31 | 0.86 |
| 2002-12-31 | 0.96 |
| 2002-09-30 | 1.41 |