Tenaris S.A. (TS) Quick Ratio (Acid-Test): 2.33
Is Tenaris S.A.’s quick ratio (acid-test) high or low?
Tenaris S.A.'s quick ratio (acid-test) of 2.33 is 16% above its 5-year average of 2.01, near the high end of its 5-year range (1.48–2.33).
As of Friday, June 19, 2026. 5.19% above its 12-month average of 2.21.
TS Quick Ratio (Acid-Test) Chart
TS Average Quick Ratio (Acid-Test) Chart
TS Current vs Average Quick Ratio (Acid-Test) Chart
TS Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.33
QUICK RATIO (ACID-TEST) AVG TTM
2.21
QUICK RATIO (ACID-TEST) AVG 3Y
2.08
QUICK RATIO (ACID-TEST) AVG 5Y
2.01
QUICK RATIO (ACID-TEST) AVG 10Y
1.94
QUICK RATIO (ACID-TEST) AVG 15Y
1.84
QUICK RATIO (ACID-TEST) AVG 20Y
1.73
CURRENT VS TTM AVG
+5.19%
CURRENT VS 3Y AVG
+12.15%
CURRENT VS 5Y AVG
+15.92%
CURRENT VS 10Y AVG
+20.22%
CURRENT VS 15Y AVG
+26.59%
CURRENT VS 20Y AVG
+34.61%
TS Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.70B | 2.33 | 2.21 | 2.08 | 2.01 |
| EQT Corporation (EQT)vs › | $31.74B | 0.76 | 0.73 | 0.88 | 0.78 |
| Venture Global, Inc. (VG)vs › | $26.91B | 0.87 | 1.05 | 1.36 | 1.36 |
| Cameco Corporation (CCJ)vs › | $46.38B | 1.68 | 1.24 | 1.94 | 2.60 |
| Antero Midstream Corporation (AM)vs › | $10.31B | 3.41 | 2.29 | 1.60 | 1.36 |
| Occidental Petroleum Corporation (OXY)vs › | $51.54B | 0.74 | 0.73 | 0.76 | 0.81 |
| ONEOK, Inc. (OKE)vs › | $53.57B | 0.56 | 0.65 | 0.65 | 0.71 |
| Enphase Energy, Inc. (ENPH)vs › | $6.89B | 1.84 | 2.56 | 3.15 | 2.91 |
| Weatherford International plc (WFRD)vs › | $6.59B | 1.65 | 1.57 | 1.53 | 1.60 |
| California Resources Corporation (CRC)vs › | $4.91B | 0.79 | 0.87 | 1.01 | 0.90 |
Liquidity Comparison
Quick Ratio
2.33
Excludes inventory
Current Ratio
3.87
Includes inventory
Tenaris S.A. 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
Tenaris S.A. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Tenaris S.A. (TS)?
- The quick ratio (acid-test) for TS stock is 2.33.
- Is Tenaris S.A.'s quick ratio (acid-test) high or low?
- Tenaris S.A.'s quick ratio (acid-test) of 2.33 is 16% above its 5-year average of 2.01, near the high end of its 5-year range (1.48–2.33).
- What is the TTM average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The TTM average quick ratio (acid-test) for TS stock is 2.21.
- What is the 3Y average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The 3Y average quick ratio (acid-test) for TS stock is 2.08.
- What is the 5Y average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The 5Y average quick ratio (acid-test) for TS stock is 2.01.
- What is the 10Y average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The 10Y average quick ratio (acid-test) for TS stock is 1.94.
- What is the 15Y average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The 15Y average quick ratio (acid-test) for TS stock is 1.84.
- What is the 20Y average quick ratio (acid-test) for Tenaris S.A. (TS)?
- The 20Y average quick ratio (acid-test) for TS stock is 1.73.
Tenaris S.A. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 2.33 |
| 2024-12-31 | 2.10 |
| 2023-12-31 | 2.27 |
| 2022-12-31 | 1.61 |
| 2021-12-31 | 1.48 |
| 2020-12-31 | 2.27 |
| 2019-12-31 | 1.91 |
| 2018-12-31 | 1.71 |
| 2017-12-31 | 1.45 |
| 2016-12-31 | 1.97 |
| 2015-12-31 | 2.22 |
| 2014-12-31 | 1.77 |
| 2013-12-31 | 1.99 |
| 2012-12-31 | 1.41 |
| 2011-12-31 | 1.49 |
| 2010-12-31 | 1.47 |
| 2009-12-31 | 2.00 |
| 2008-12-31 | 1.10 |
| 2007-12-31 | 1.07 |
| 2006-12-31 | 1.32 |
| 2005-12-31 | 1.41 |
| 2004-12-31 | 0.87 |
| 2003-12-31 | 0.91 |
| 2002-12-31 | 0.94 |
| 2001-12-31 | 1.49 |
Related Metrics
About Tenaris S.A.
Headquartered in Luxembourg and founded in 2001, Tenaris S.A., a subsidiary of Techint Holdings S.à r.l., is a prominent global manufacturer and distributor of steel tubular products. The company specializes in both seamless and welded steel pipes, offering a comprehensive suite of associated services. While its primary focus is the oil and gas industry, Tenaris also caters to a wide array of other industrial applications. Its extensive product catalog includes various steel casings, diverse tubing options, mechanical and structural piping, cold-drawn pipes, and premium joints and couplings. Furthermore, they supply coiled tubing vital for oil and gas drilling, well workovers, and subsea pipelines, alongside umbilical tubing products and a broad range of tubular accessories. Beyond these core offerings, Tenaris provides sucker rods, industrial machinery, heat exchangers, and utility conduits for construction. The company also engages in the sale of energy and raw materials, and offers financial services. Tenaris maintains a significant international footprint, with operations spanning North America, South America, Europe, the Middle East and Africa, and the Asia Pacific region.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Paolo Rocca