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Quick Ratio (Acid-Test): 0.78

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 0.78 is 13% below its 5-year average of 0.90, near the low end of its 5-year range (0.63–1.39).

As of Thursday, June 25, 2026. 11.58% above its 12-month average of 0.70.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

APA Quick Ratio

0.78

Reported quarterly quick ratio; no daily interpolation.

-43.57% 5Y
APA Quick Ratio (Acid-Test)

APA Average Quick Ratio (Acid-Test) Chart

APA Quick Ratio (Acid-Test)

APA Current vs Average Quick Ratio (Acid-Test) Chart

APA Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

0.78

QUICK RATIO (ACID-TEST) AVG TTM

0.70

QUICK RATIO (ACID-TEST) AVG 3Y

0.83

QUICK RATIO (ACID-TEST) AVG 5Y

0.85

QUICK RATIO (ACID-TEST) AVG 10Y

1.04

QUICK RATIO (ACID-TEST) AVG 15Y

1.03

QUICK RATIO (ACID-TEST) AVG 20Y

1.07

CURRENT VS TTM AVG

+11.58%

CURRENT VS 3Y AVG

-5.81%

CURRENT VS 5Y AVG

-8.14%

CURRENT VS 10Y AVG

-24.64%

CURRENT VS 15Y AVG

-24.07%

CURRENT VS 20Y AVG

-26.93%

APA Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
APA Corporation (APA)$11.78B0.780.700.830.85
Antero Midstream Corporation (AM)vs ›$10.52B3.412.291.601.36
Enphase Energy, Inc. (ENPH)vs ›$6.30B1.842.563.152.91
Weatherford International plc (WFRD)vs ›$6.08B1.651.571.531.60
California Resources Corp (CRC)vs ›$4.74B0.790.871.010.90
Helmerich & Payne, Inc. (HP)vs ›$3.27B1.401.902.062.32
Centrus Energy Corp. (LEU)vs ›$3.24B4.833.552.191.77
Expand Energy Corporation (EXE)vs ›$21.20B1.010.821.160.98
Array Technologies, Inc. (ARRY)vs ›$1.18B1.911.861.761.76
Emeren Group, Ltd. (SOL)vs ›$995.64M3.863.925.363.99

Liquidity Comparison

Quick Ratio

0.78

Excludes inventory

Current Ratio

0.82

Includes inventory

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

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for APA Corporation (APA)?
The quick ratio (acid-test) for APA stock is 0.78.
Is APA Corporation's quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.78 is 13% below its 5-year average of 0.90, near the low end of its 5-year range (0.63–1.39).
What is the TTM average quick ratio (acid-test) for APA Corporation (APA)?
The TTM average quick ratio (acid-test) for APA stock is 0.70.
What is the 3Y average quick ratio (acid-test) for APA Corporation (APA)?
The 3Y average quick ratio (acid-test) for APA stock is 0.83.
What is the 5Y average quick ratio (acid-test) for APA Corporation (APA)?
The 5Y average quick ratio (acid-test) for APA stock is 0.85.
What is the 10Y average quick ratio (acid-test) for APA Corporation (APA)?
The 10Y average quick ratio (acid-test) for APA stock is 1.04.
What is the 15Y average quick ratio (acid-test) for APA Corporation (APA)?
The 15Y average quick ratio (acid-test) for APA stock is 1.03.
What is the 20Y average quick ratio (acid-test) for APA Corporation (APA)?
The 20Y average quick ratio (acid-test) for APA stock is 1.07.

APA Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-310.78
2025-12-310.69
2025-09-300.63
2025-06-300.67
2025-03-310.74
2024-12-311.01
2024-09-301.07
2024-06-300.85
2024-03-310.95
2023-12-310.84
2023-09-300.89
2023-06-300.80
2023-03-310.91
2022-12-310.78
2022-09-300.89
2022-06-300.93
2022-03-310.98
2021-12-310.90
2021-09-300.93
2021-06-301.39
2021-03-311.38
2020-12-311.04
2020-09-300.88
2020-06-300.69
2020-03-310.72
2019-12-310.79
2019-09-300.78
2019-06-301.03
2019-03-310.87
2018-12-311.04
2018-09-301.10
2018-06-301.20
2018-03-311.22
2017-12-311.31
2017-09-301.37
2017-06-301.47
2017-03-311.57
2016-12-311.50
2016-09-301.69
2016-06-301.76
2016-03-311.67
2015-12-311.73
2015-09-301.57
2015-06-302.04
2015-03-310.95
2014-12-311.56
2014-09-300.86
2014-06-300.95
2014-03-311.09
2013-12-311.16
2013-09-301.13
2013-06-300.73
2013-03-310.71
2012-12-310.73
2012-09-300.79
2012-06-300.76
2012-03-310.93
2011-12-310.84
2011-09-301.00
2011-06-300.95
2011-03-310.86
2010-12-310.83
2010-09-301.47
2010-06-301.82
2010-03-312.03
2009-12-311.69
2009-09-301.75
2009-06-301.61
2009-03-311.61
2008-12-311.57
2008-09-301.27
2008-06-300.89
2008-03-310.85
2007-12-310.86
2007-09-300.73
2007-06-300.68
2007-03-310.56
2006-12-310.57
2006-09-300.60
2006-06-300.56
2006-03-311.00
2005-12-310.89
2005-09-300.74
2005-06-300.77
2005-03-310.90
2004-12-310.93
2004-09-301.27
2004-06-301.06
2004-03-310.95
2003-12-310.94
2003-09-300.90
2003-06-301.12
2003-03-311.21
2002-12-311.24
2002-09-301.49
2002-06-301.51

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About APA Corporation

APA Corporation operates in the upstream segment of the oil and natural gas industry, utilizing its various subsidiaries to explore for, develop, and produce hydrocarbon assets. The company maintains significant operational presences in the United States, Egypt, and the United Kingdom, while also conducting exploration activities offshore Suriname. Furthermore, APA Corporation manages critical gathering, processing, and transmission infrastructure within West Texas and holds ownership interests in four major pipelines connecting the Permian Basin to the Gulf Coast. Established in 1954, the company is headquartered in Houston, Texas.

Houston, TX
1,791 employees
apacorp.com
Energy / Oil & Gas Exploration & Production
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
John J. Christmann
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