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 23.78 is 122% above its 4-year average of 10.70, around the middle of its 4-year range (0.00–34.65).
As of the fiscal period ended Sunday, May 31, 2026. 95.16% above its 12-month average of 12.19.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-05-31): 23.78.
QUICK RATIO (ACID-TEST)
23.78
QUICK RATIO (ACID-TEST) AVG TTM
12.19
QUICK RATIO (ACID-TEST) AVG 3Y
13.14
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
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
+95.16%
CURRENT VS 3Y AVG
+81.02%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.56
median of 141 covered companies
CURRENT VS SECTOR MEDIAN
+1424.65%
vs the sector median at left
U.S. GoldMining Inc.
Market Cap
$87.74M
Quick Ratio (Acid-Test)
23.78
TTM Avg
12.19
3Y Avg
13.14
5Y Avg
N/A
Market Cap
$85.63M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$96.12M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.35
3Y Avg
1.31
5Y Avg
1.31
Market Cap
$74.09M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.36
3Y Avg
1.43
5Y Avg
2.01
Market Cap
$73.43M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
Market Cap
$65.95M
Quick Ratio (Acid-Test)
5.16
TTM Avg
3.24
3Y Avg
2.63
5Y Avg
2.84
Market Cap
$65.38M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.18
3Y Avg
0.16
5Y Avg
1.46
Market Cap
$118.55M
Quick Ratio (Acid-Test)
3.31
TTM Avg
2.43
3Y Avg
2.21
5Y Avg
2.17
Market Cap
$53.43M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| U.S. GoldMining Inc. (USGO) | $87.74M | 23.78 | 12.19 | 13.14 | N/A |
| Julong Holding Limited (JLHL)vs › | $85.63M | 1.21 | 1.15 | 1.27 | 1.27 |
| Caesarstone Ltd. (CSTE)vs › | $96.12M | 1.05 | 1.35 | 1.31 | 1.31 |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | 1.15 | 1.36 | 1.43 | 2.01 |
| Atlas Lithium Corporation (ATLX)vs › | $73.43M | 2.40 | 2.65 | 2.61 | 1.77 |
| Nexmetals Mining Corp. (NEXM)vs › | $65.95M | 5.16 | 3.24 | 2.63 | 2.84 |
| Namib Minerals (NAMM)vs › | $65.38M | 0.23 | 0.18 | 0.16 | 1.46 |
| Smith-Midland Corporation (SMID)vs › | $118.55M | 3.31 | 2.43 | 2.21 | 2.17 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.43M | 0.88 | 0.27 | 0.24 | 2.97 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.69M | 0.33 | 0.64 | 0.80 | 0.80 |
Quick Ratio
23.78
Excludes inventory
Current Ratio
24.05
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) |
|---|---|
| 2026-05-31 | 23.78 |
| 2026-02-28 | 10.08 |
| 2025-12-31 | 13.52 |
| 2025-09-30 | 6.52 |
| 2025-06-30 | 7.03 |
| 2025-03-31 | 5.39 |
| 2024-12-31 | 9.72 |
| 2024-09-30 | 7.88 |
| 2024-06-30 | 18.41 |
| 2024-03-31 | 15.70 |
| 2023-11-30 | 23.35 |
| 2023-08-31 | 34.65 |
| 2023-05-31 | 16.28 |
| 2023-02-28 | 0.15 |
| 2022-11-30 | 0.10 |
| 2022-08-31 | 0.00 |
| 2022-05-31 | 0.00 |
| 2022-02-28 | 0.00 |
