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 0.75 is 35% below its 5-year average of 1.16, near the low end of its 5-year range (0.75–1.54).
As of the fiscal period ended Monday, March 31, 2025. 24.82% below its 12-month average of 1.00.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.75
QUICK RATIO (ACID-TEST) AVG TTM
1.00
QUICK RATIO (ACID-TEST) AVG 3Y
1.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.16
QUICK RATIO (ACID-TEST) AVG 10Y
1.06
QUICK RATIO (ACID-TEST) AVG 15Y
1.05
QUICK RATIO (ACID-TEST) AVG 20Y
1.11
CURRENT VS TTM AVG
-24.82%
CURRENT VS 3Y AVG
-38.61%
CURRENT VS 5Y AVG
-34.96%
CURRENT VS 10Y AVG
-28.82%
CURRENT VS 15Y AVG
-28.07%
CURRENT VS 20Y AVG
-31.84%
SECTOR MEDIAN · BASIC MATERIALS
1.17
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-35.80%
vs the sector median at left
United States Steel Corporation
Market Cap
$12.42B
Quick Ratio (Acid-Test)
0.75
TTM Avg
1.00
3Y Avg
1.23
5Y Avg
1.16
Market Cap
$13.68B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.30
3Y Avg
1.33
5Y Avg
1.27
Market Cap
$13.87B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.38
3Y Avg
1.19
5Y Avg
1.03
Market Cap
$9.56B
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.09
3Y Avg
1.12
5Y Avg
1.12
Market Cap
$17.15B
Quick Ratio (Acid-Test)
0.62
TTM Avg
0.60
3Y Avg
0.54
5Y Avg
0.55
Market Cap
$7.41B
Quick Ratio (Acid-Test)
2.41
TTM Avg
2.27
3Y Avg
2.10
5Y Avg
2.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| United States Steel Corporation (X) | $12.42B | 0.75 | 1.00 | 1.23 | 1.16 |
| Alcoa Corporation (AA)vs › | $11.94B | 0.87 | 0.86 | 0.85 | 0.92 |
| RPM International Inc. (RPM)vs › | $13.68B | 1.16 | 1.30 | 1.33 | 1.27 |
| Albemarle Corporation (ALB)vs › | $13.87B | 1.57 | 1.38 | 1.19 | 1.03 |
| Masco Corporation (MAS)vs › | $14.09B | 1.14 | 1.15 | 1.07 | 1.13 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.56B | 0.98 | 1.09 | 1.12 | 1.12 |
| Royal Gold, Inc. (RGLD)vs › | $16.83B | 2.91 | 3.00 | 2.72 | 3.27 |
| CEMEX, S.A.B. de C.V. (CX)vs › | $17.15B | 0.62 | 0.60 | 0.54 | 0.55 |
| First Majestic Silver Corp. (AG)vs › | $7.41B | 2.41 | 2.27 | 2.10 | 2.26 |
| MP Materials Corp. (MP)vs › | $7.36B | 6.67 | 6.15 | 8.63 | 11.27 |
Quick Ratio
0.75
Excludes inventory
Current Ratio
1.55
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) |
|---|---|
| 2025-03-31 | 0.75 |
| 2024-12-31 | 0.91 |
| 2024-09-30 | 1.08 |
| 2024-06-30 | 1.14 |
| 2024-03-31 | 1.14 |
| 2023-12-31 | 1.22 |
| 2023-09-30 | 1.34 |
| 2023-06-30 | 1.30 |
| 2023-03-31 | 1.25 |
| 2022-12-31 | 1.39 |
| 2022-09-30 | 1.37 |
| 2022-06-30 | 1.32 |
| 2022-03-31 | 1.30 |
| 2021-12-31 | 1.28 |
| 2021-09-30 | 1.17 |
| 2021-06-30 | 0.84 |
| 2021-03-31 | 0.80 |
| 2020-12-31 | 1.14 |
| 2020-09-30 | 1.16 |
| 2020-06-30 | 1.54 |
| 2020-03-31 | 0.94 |
| 2019-12-31 | 0.76 |
| 2019-09-30 | 0.69 |
| 2019-06-30 | 0.74 |
| 2019-03-31 | 0.80 |
| 2018-12-31 | 0.86 |
| 2018-09-30 | 0.99 |
| 2018-06-30 | 1.02 |
| 2018-03-31 | 1.02 |
| 2017-12-31 | 1.11 |
| 2017-09-30 | 1.23 |
| 2017-06-30 | 1.09 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 1.19 |
| 2016-09-30 | 1.11 |
| 2016-06-30 | 0.90 |
| 2016-03-31 | 0.86 |
| 2015-12-31 | 0.86 |
| 2015-09-30 | 0.89 |
| 2015-06-30 | 0.96 |
| 2015-03-31 | 1.00 |
| 2014-12-31 | 1.10 |
| 2014-09-30 | 1.10 |
| 2014-06-30 | 1.19 |
| 2014-03-31 | 1.15 |
| 2013-12-31 | 0.93 |
| 2013-09-30 | 0.87 |
| 2013-06-30 | 0.96 |
| 2013-03-31 | 1.05 |
| 2012-12-31 | 0.96 |
| 2012-09-30 | 0.96 |
| 2012-06-30 | 0.97 |
| 2012-03-31 | 0.92 |
| 2011-12-31 | 0.82 |
| 2011-09-30 | 0.83 |
| 2011-06-30 | 0.92 |
| 2011-03-31 | 0.93 |
| 2010-12-31 | 0.96 |
| 2010-09-30 | 1.14 |
| 2010-06-30 | 1.31 |
| 2010-03-31 | 1.45 |
| 2009-12-31 | 1.39 |
| 2009-09-30 | 1.45 |
| 2009-06-30 | 1.71 |
| 2009-03-31 | 1.24 |
| 2008-12-31 | 1.16 |
| 2008-09-30 | 1.17 |
| 2008-06-30 | 0.97 |
| 2008-03-31 | 0.90 |
| 2007-12-31 | 0.89 |
| 2007-09-30 | 1.28 |
| 2007-06-30 | 1.20 |
| 2007-03-31 | 1.41 |
| 2006-12-31 | 1.33 |
| 2006-09-30 | 1.30 |
| 2006-06-30 | 1.37 |
| 2006-03-31 | 1.30 |
| 2005-12-31 | 1.22 |
| 2005-09-30 | 1.49 |
| 2005-06-30 | 1.47 |
| 2005-03-31 | 1.40 |
| 2004-12-31 | 1.20 |
| 2004-09-30 | 1.19 |
| 2004-06-30 | 1.05 |
| 2004-03-31 | 1.00 |
| 2003-12-31 | 0.86 |
| 2003-09-30 | 0.90 |
| 2003-06-30 | 0.99 |
| 2003-03-31 | 1.13 |
| 2002-12-31 | 1.03 |
| 2002-09-30 | 1.05 |
| 2002-06-30 | 1.03 |
| 2002-03-31 | 0.84 |
| 2001-12-31 | 0.96 |
| 2001-09-30 | 1.40 |
| 2001-06-30 | 1.06 |