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 1.87 is in line with its 5-year average of 1.85, around the middle of its 5-year range (0.04–5.55).
As of the fiscal period ended Tuesday, June 30, 2026. 13.96% below its 12-month average of 2.18.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.87.
QUICK RATIO (ACID-TEST)
1.87
QUICK RATIO (ACID-TEST) AVG TTM
2.18
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.85
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.96%
CURRENT VS 3Y AVG
+70.48%
CURRENT VS 5Y AVG
+1.26%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+20.95%
vs the sector median at left
TMC the metals company inc.
Market Cap
$1.60B
Quick Ratio (Acid-Test)
1.87
TTM Avg
2.18
3Y Avg
1.10
5Y Avg
1.85
Market Cap
$1.78B
Quick Ratio (Acid-Test)
38.93
TTM Avg
16.43
3Y Avg
13.70
5Y Avg
10.04
Market Cap
$1.82B
Quick Ratio (Acid-Test)
31.63
TTM Avg
6.45
3Y Avg
4.26
5Y Avg
3.13
Market Cap
$1.17B
Quick Ratio (Acid-Test)
5.48
TTM Avg
6.44
3Y Avg
6.94
5Y Avg
7.29
Market Cap
$2.05B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.71
3Y Avg
1.64
5Y Avg
1.83
Market Cap
$1.14B
Quick Ratio (Acid-Test)
0.14
TTM Avg
0.01
3Y Avg
0.18
5Y Avg
2.33
Market Cap
$1.13B
Quick Ratio (Acid-Test)
3.99
TTM Avg
11.19
3Y Avg
7.17
5Y Avg
7.54
Market Cap
$1.08B
Quick Ratio (Acid-Test)
0.24
TTM Avg
0.42
3Y Avg
1.23
5Y Avg
6.72
Market Cap
$1.08B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.50
3Y Avg
0.29
5Y Avg
0.34
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TMC the metals company inc. (TMC) | $1.60B | 1.87 | 2.18 | 1.10 | 1.85 |
| Hycroft Mining Holding Corporation (HYMC)vs › | $1.78B | 38.93 | 16.43 | 13.70 | 10.04 |
| USA Rare Earth Inc (USAR)vs › | $1.82B | 31.63 | 6.45 | 4.26 | 3.13 |
| Elemental Royalty Corporation Common Stock (ELE)vs › | $1.17B | 5.48 | 6.44 | 6.94 | 7.29 |
| Minerals Technologies Inc. (MTX)vs › | $2.05B | 1.00 | 1.71 | 1.64 | 1.83 |
| Evolution Metals & Technologies Corp. Common Stock (EMAT)vs › | $1.14B | 0.14 | 0.01 | 0.18 | 2.33 |
| Collective Mining Ltd. (CNL)vs › | $1.13B | 3.99 | 11.19 | 7.17 | 7.54 |
| Sigma Lithium Corporation (SGML)vs › | $1.08B | 0.24 | 0.42 | 1.23 | 6.72 |
| Critical Metals Corp. (CRML)vs › | $1.08B | 0.87 | 0.50 | 0.29 | 0.34 |
| Green Plains Inc. (GPRE)vs › | $1.06B | 1.58 | 1.06 | 1.20 | 1.24 |
Quick Ratio
1.87
Excludes inventory
Current Ratio
1.87
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 | 1.87 |
| 2026-03-31 | 2.17 |
| 2025-12-31 | 1.98 |
| 2025-09-30 | 2.50 |
| 2025-06-30 | 2.37 |
| 2025-03-31 | 0.13 |
| 2024-12-31 | 0.10 |
| 2024-09-30 | 0.05 |
| 2024-06-30 | 0.04 |
| 2024-03-31 | 0.16 |
| 2023-12-31 | 0.28 |
| 2023-09-30 | 1.44 |
| 2023-06-30 | 1.19 |
| 2023-03-31 | 1.80 |
| 2022-12-31 | 1.19 |
| 2022-09-30 | 2.85 |
| 2022-06-30 | 5.55 |
| 2022-03-31 | 4.00 |
| 2021-12-31 | 3.33 |
| 2021-09-30 | 3.98 |
| 2021-06-30 | 1.87 |
| 2021-03-31 | 3.30 |
| 2020-12-31 | 1.32 |
| 2020-09-30 | 2.05 |
| 2020-06-30 | 9.86 |
| 2020-03-31 | 0.00 |
