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 4.56 is 48% above its 5-year average of 3.09, near the high end of its 5-year range (2.27–4.56).
As of the fiscal period ended Tuesday, June 30, 2026. 12.49% above its 12-month average of 4.06.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.56.
QUICK RATIO (ACID-TEST)
4.56
QUICK RATIO (ACID-TEST) AVG TTM
4.06
QUICK RATIO (ACID-TEST) AVG 3Y
3.22
QUICK RATIO (ACID-TEST) AVG 5Y
3.09
QUICK RATIO (ACID-TEST) AVG 10Y
2.61
QUICK RATIO (ACID-TEST) AVG 15Y
2.72
QUICK RATIO (ACID-TEST) AVG 20Y
2.70
CURRENT VS TTM AVG
+12.49%
CURRENT VS 3Y AVG
+41.63%
CURRENT VS 5Y AVG
+47.73%
CURRENT VS 10Y AVG
+74.73%
CURRENT VS 15Y AVG
+67.52%
CURRENT VS 20Y AVG
+68.88%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+211.41%
vs the sector median at left
Southern Copper Corporation
Market Cap
$167.42B
Quick Ratio (Acid-Test)
4.56
TTM Avg
4.06
3Y Avg
3.22
5Y Avg
3.09
Market Cap
$153.24B
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.05
3Y Avg
1.09
5Y Avg
1.22
Market Cap
$127.57B
Quick Ratio (Acid-Test)
1.78
TTM Avg
1.58
3Y Avg
1.40
5Y Avg
1.64
Market Cap
$216.21B
Quick Ratio (Acid-Test)
1.48
TTM Avg
1.29
3Y Avg
1.21
5Y Avg
1.26
Market Cap
$103.35B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.11
3Y Avg
1.31
5Y Avg
1.43
Market Cap
$87.84B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.84
Market Cap
$77.80B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Southern Copper Corporation (SCCO) | $167.42B | 4.56 | 4.06 | 3.22 | 3.09 |
| Rio Tinto Group (RIO)vs › | $153.24B | 0.93 | 1.05 | 1.09 | 1.22 |
| Newmont Corporation (NEM)vs › | $127.57B | 1.78 | 1.58 | 1.40 | 1.64 |
| BHP Group Limited (BHP)vs › | $216.21B | 1.48 | 1.29 | 1.21 | 1.26 |
| Linde plc (LIN)vs › | $216.28B | 0.75 | 0.75 | 0.71 | 0.69 |
| Freeport-McMoRan Inc. (FCX)vs › | $103.35B | 0.92 | 1.11 | 1.31 | 1.43 |
| Johnson Controls International plc (JCI)vs › | $87.84B | 0.80 | 0.78 | 0.79 | 0.84 |
| The Sherwin-Williams Company (SHW)vs › | $77.80B | 0.46 | 0.49 | 0.51 | 0.53 |
| Ecolab Inc. (ECL)vs › | $77.47B | 1.57 | 0.88 | 0.90 | 0.97 |
| Barrick Mining Corporation (B)vs › | $70.68B | 2.36 | 2.24 | 2.25 | 2.49 |
Quick Ratio
4.56
Excludes inventory
Current Ratio
5.06
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 | 4.56 |
| 2026-03-31 | 3.89 |
| 2025-12-31 | 3.40 |
| 2025-09-30 | 3.91 |
| 2025-06-30 | 4.51 |
| 2025-03-31 | 3.22 |
| 2024-12-31 | 2.28 |
| 2024-09-30 | 2.31 |
| 2024-06-30 | 2.27 |
| 2024-03-31 | 2.56 |
| 2023-12-31 | 2.46 |
| 2023-09-30 | 2.94 |
| 2023-06-30 | 3.57 |
| 2023-03-31 | 3.38 |
| 2022-12-31 | 3.38 |
| 2022-09-30 | 2.63 |
| 2022-06-30 | 2.58 |
| 2022-03-31 | 2.75 |
| 2021-12-31 | 2.30 |
| 2021-09-30 | 2.78 |
| 2021-06-30 | 3.18 |
| 2021-03-31 | 3.02 |
| 2020-12-31 | 2.79 |
| 2020-09-30 | 2.89 |
| 2020-06-30 | 3.23 |
| 2020-03-31 | 2.21 |
| 2019-12-31 | 2.11 |
| 2019-09-30 | 2.18 |
| 2019-06-30 | 1.46 |
| 2019-03-31 | 1.91 |
| 2018-12-31 | 1.77 |
| 2018-09-30 | 1.88 |
| 2018-06-30 | 2.15 |
| 2018-03-31 | 1.92 |
| 2017-12-31 | 1.82 |
| 2017-09-30 | 2.00 |
| 2017-06-30 | 2.08 |
| 2017-03-31 | 1.81 |
| 2016-12-31 | 1.56 |
| 2016-09-30 | 1.69 |
| 2016-06-30 | 1.72 |
| 2016-03-31 | 1.55 |
| 2015-12-31 | 1.77 |
| 2015-09-30 | 2.26 |
| 2015-06-30 | 2.99 |
| 2015-03-31 | 1.10 |
| 2014-12-31 | 1.40 |
| 2014-09-30 | 1.80 |
| 2014-06-30 | 2.49 |
| 2014-03-31 | 3.09 |
| 2013-12-31 | 3.47 |
| 2013-09-30 | 4.11 |
| 2013-06-30 | 4.81 |
| 2013-03-31 | 3.98 |
| 2012-12-31 | 4.21 |
| 2012-09-30 | 4.21 |
| 2012-06-30 | 3.23 |
| 2012-03-31 | 2.92 |
| 2011-12-31 | 2.47 |
| 2011-09-30 | 3.40 |
| 2011-06-30 | 3.81 |
| 2011-03-31 | 2.85 |
| 2010-12-31 | 2.81 |
| 2010-09-30 | 4.18 |
| 2010-06-30 | 4.87 |
| 2010-03-31 | 2.49 |
| 2009-12-31 | 2.19 |
| 2009-09-30 | 2.39 |
| 2009-06-30 | 1.80 |
| 2009-03-31 | 1.52 |
| 2008-12-31 | 1.49 |
| 2008-09-30 | 2.84 |
| 2008-06-30 | 3.41 |
| 2008-03-31 | 2.42 |
| 2007-12-31 | 2.36 |
| 2007-09-30 | 2.71 |
| 2007-06-30 | 2.60 |
| 2007-03-31 | 2.68 |
| 2006-12-31 | 2.36 |
| 2006-09-30 | 2.50 |
| 2006-06-30 | 2.21 |
| 2006-03-31 | 1.51 |
| 2005-12-31 | 1.66 |
| 2005-09-30 | 2.02 |
| 2005-06-30 | 1.57 |
| 2005-03-31 | 1.94 |
| 2004-12-31 | 1.99 |
| 2004-09-30 | 2.01 |
| 2004-06-30 | 2.30 |
| 2004-03-31 | 2.06 |
| 2003-12-31 | 2.13 |
| 2003-09-30 | 1.99 |
| 2003-06-30 | 1.94 |
| 2003-03-31 | 2.48 |
| 2002-12-31 | 2.17 |
| 2002-09-30 | 2.18 |
