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 1.35 is in line with its 5-year average of 1.44, around the middle of its 5-year range (0.76–2.67).
As of the fiscal period ended Tuesday, June 30, 2026. 26.32% above its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 1.35.
QUICK RATIO (ACID-TEST)
1.35
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.24
QUICK RATIO (ACID-TEST) AVG 5Y
1.44
QUICK RATIO (ACID-TEST) AVG 10Y
1.43
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+26.32%
CURRENT VS 3Y AVG
+8.87%
CURRENT VS 5Y AVG
-6.47%
CURRENT VS 10Y AVG
-5.80%
CURRENT VS 15Y AVG
+25.58%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 138 covered companies
CURRENT VS SECTOR MEDIAN
-13.00%
vs the sector median at left
Algoma Steel Group Inc.
Market Cap
$464.80M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.07
3Y Avg
1.24
5Y Avg
1.44
Market Cap
$417.66M
Quick Ratio (Acid-Test)
3.85
TTM Avg
4.39
3Y Avg
2.80
5Y Avg
2.80
Market Cap
$515.38M
Quick Ratio (Acid-Test)
25.36
TTM Avg
25.36
3Y Avg
8.88
5Y Avg
5.93
Market Cap
$560.52M
Quick Ratio (Acid-Test)
30.68
TTM Avg
0.15
3Y Avg
0.71
5Y Avg
1.17
Market Cap
$363.23M
Quick Ratio (Acid-Test)
3.85
TTM Avg
10.62
3Y Avg
6.20
5Y Avg
7.08
Market Cap
$572.71M
Quick Ratio (Acid-Test)
5.47
TTM Avg
7.75
3Y Avg
5.97
5Y Avg
6.95
Market Cap
$596.72M
Quick Ratio (Acid-Test)
2.50
TTM Avg
3.04
3Y Avg
2.62
5Y Avg
2.18
Market Cap
$621.80M
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.45
3Y Avg
1.46
5Y Avg
1.44
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Algoma Steel Group Inc. (ASTL) | $464.80M | 1.35 | 1.07 | 1.24 | 1.44 |
| Blue Moon Metals Inc. (BMM)vs › | $417.66M | 3.85 | 4.39 | 2.80 | 2.80 |
| NioCorp Developments Ltd. (NB)vs › | $515.38M | 25.36 | 25.36 | 8.88 | 5.93 |
| REalloys Inc. (ALOY)vs › | $560.52M | 30.68 | 0.15 | 0.71 | 1.17 |
| ASP Isotopes Inc. Common Stock (ASPI)vs › | $363.23M | 3.85 | 10.62 | 6.20 | 7.08 |
| Lithium Americas Corp. (LAC)vs › | $572.71M | 5.47 | 7.75 | 5.97 | 6.95 |
| Janus International Group, Inc. (JBI)vs › | $596.72M | 2.50 | 3.04 | 2.62 | 2.18 |
| Gevo, Inc. (GEVO)vs › | $312.10M | 2.19 | 5.03 | 7.58 | 9.76 |
| Limbach Holdings, Inc. (LMB)vs › | $621.80M | 1.49 | 1.45 | 1.46 | 1.44 |
| Friedman Industries, Incorporated (FRD)vs › | $301.64M | 1.00 | 1.25 | 1.19 | 1.19 |
Quick Ratio
1.35
Excludes inventory
Current Ratio
2.49
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 | 1.35 |
| 2025-12-31 | 1.03 |
| 2025-12-31 | 1.22 |
| 2025-09-30 | 0.76 |
| 2025-06-30 | 0.98 |
| 2025-03-30 | 1.47 |
| 2024-12-31 | 1.28 |
| 2024-09-30 | 1.66 |
| 2024-06-30 | 2.15 |
| 2024-03-31 | 1.06 |
| 2023-12-31 | 0.98 |
| 2023-09-30 | 1.37 |
| 2023-06-30 | 1.70 |
| 2023-03-31 | 1.87 |
| 2022-12-31 | 1.47 |
| 2022-09-30 | 1.79 |
| 2022-06-30 | 1.48 |
| 2022-03-31 | 2.67 |
| 2021-12-31 | 1.15 |
| 2021-09-30 | 2.45 |
| 2021-06-30 | 1.59 |
| 2021-03-31 | 1.23 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2014-09-30 | 0.18 |
| 2014-06-30 | 0.15 |
| 2014-03-31 | 0.17 |
| 2013-12-31 | 0.28 |
| 2013-09-30 | 0.39 |
| 2013-06-30 | 1.03 |
| 2013-03-31 | 0.95 |
| 2012-12-31 | 0.99 |
| 2012-09-30 | 1.24 |
