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RIORio Tinto Group

Quick Ratio (Acid-Test): 0.98

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.98 is 23% below its 5-year average of 1.27, near the low end of its 5-year range (0.98–1.77).

As of Sunday, June 28, 2026. 6.43% below its 12-month average of 1.05.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

RIO Quick Ratio

0.98

Reported quarterly quick ratio; no daily interpolation.

-26.18% 5Y
RIO Quick Ratio (Acid-Test)

RIO Average Quick Ratio (Acid-Test) Chart

RIO Quick Ratio (Acid-Test)

RIO Current vs Average Quick Ratio (Acid-Test) Chart

RIO Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.98

QUICK RATIO (ACID-TEST) AVG TTM

1.05

QUICK RATIO (ACID-TEST) AVG 3Y

1.13

QUICK RATIO (ACID-TEST) AVG 5Y

1.27

QUICK RATIO (ACID-TEST) AVG 10Y

1.26

QUICK RATIO (ACID-TEST) AVG 15Y

1.23

QUICK RATIO (ACID-TEST) AVG 20Y

1.16

CURRENT VS TTM AVG

-6.43%

CURRENT VS 3Y AVG

-13.68%

CURRENT VS 5Y AVG

-23.18%

CURRENT VS 10Y AVG

-22.64%

CURRENT VS 15Y AVG

-20.32%

CURRENT VS 20Y AVG

-15.62%

RIO Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Rio Tinto Group (RIO)$152.24B0.981.051.131.27
Southern Copper Corporation (SCCO)vs ›$142.89B3.402.842.882.77
Newmont Corporation (NEM)vs ›$102.62B1.821.581.401.64
BHP Group Limited (BHP)vs ›$205.82B1.111.201.191.21
Freeport-McMoRan Inc. (FCX)vs ›$89.60B1.051.111.311.43
The Sherwin-Williams Company (SHW)vs ›$84.86B0.530.490.510.53
Ecolab Inc. (ECL)vs ›$79.83B0.810.880.900.97
CRH plc (CRH)vs ›$75.05B1.141.021.161.27
Vale S.A. (VALE)vs ›$64.27B0.780.730.800.96
Linde plc (LIN)vs ›$240.38B0.740.750.710.69

Liquidity Comparison

Quick Ratio

0.98

Excludes inventory

Current Ratio

1.44

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

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

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Rio Tinto Group (RIO)?
The quick ratio (acid-test) for RIO stock is 0.98.
Is Rio Tinto Group's quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.98 is 23% below its 5-year average of 1.27, near the low end of its 5-year range (0.98–1.77).
What is the TTM average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The TTM average quick ratio (acid-test) for RIO stock is 1.05.
What is the 3Y average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The 3Y average quick ratio (acid-test) for RIO stock is 1.13.
What is the 5Y average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The 5Y average quick ratio (acid-test) for RIO stock is 1.27.
What is the 10Y average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The 10Y average quick ratio (acid-test) for RIO stock is 1.26.
What is the 15Y average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The 15Y average quick ratio (acid-test) for RIO stock is 1.23.
What is the 20Y average quick ratio (acid-test) for Rio Tinto Group (RIO)?
The 20Y average quick ratio (acid-test) for RIO stock is 1.16.

RIO Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-12-310.98
2025-06-301.03
2024-12-311.13
2024-06-301.16
2023-12-311.17
2023-06-301.37
2022-12-311.10
2022-06-301.34
2021-12-311.50
2021-06-301.77
2020-12-311.46
2020-06-301.23
2019-12-311.24
2019-06-301.20
2018-12-311.61
2018-06-301.32
2017-12-311.38
2017-05-311.23
2016-12-311.29
2016-06-301.32
2015-12-311.22
2015-06-301.20
2014-12-311.33
2014-06-301.18
2013-12-311.08
2013-06-300.93
2012-12-310.99
2012-06-301.09
2011-12-311.11
2011-06-301.22
2010-12-311.42
2010-06-301.03
2009-12-311.05
2009-06-300.23
2008-12-310.58
2008-06-300.92
2007-12-310.85
2007-06-300.70
2006-12-310.75
2006-06-300.76
2005-12-311.14
2005-06-300.86
2004-12-310.87
2004-06-300.85
2003-12-310.72
2003-06-300.62
2002-12-310.54
2002-06-300.61
2001-12-310.54
2001-06-300.45
2000-12-310.45
2000-06-300.62
1999-12-310.73
1999-06-300.66
1998-12-310.66
1998-06-300.73
1997-12-310.74
1996-12-311.05
1995-12-311.26
1994-12-311.11
1993-12-311.26
1992-12-311.47
1991-12-311.68
1990-12-311.66
1989-12-312.03
1988-12-311.36
1987-12-310.97
1986-12-311.21
1985-12-311.06

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About Rio Tinto Group

Rio Tinto Group engages in exploring, mining, and processing mineral resources worldwide. The company operates through Iron Ore; Aluminium and lithium; and Copper segments. The Iron Ore segment engages in the iron ore mining, and salt and gypsum production in Western Australia. The Aluminum and lithium segment is involved in bauxite mining; alumina refining; and aluminium smelting, and recycling, as well as mining and processing of lithium. The Copper segment engages in mining and refining of copper, gold, silver, molybdenum, and other by-products and exploration activities. It also owns and operates open pit and underground mines; and refineries, smelters, processing plants and power, and shipping facilities. The company was founded in 1873 and is headquartered in London, the United Kingdom.

London
57,271 employees
www.riotinto.com
Basic Materials / Industrial Materials
Sector
Basic Materials
Industry
Industrial Materials
CEO
Simon Callas Trott
View full financials