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 2.19 is in line with its 5-year average of 2.23, near the low end of its 5-year range (0.00–7.91).
As of the fiscal period ended Friday, December 30, 2022. 15.62% above its 12-month average of 1.90.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2022 (2022-12-30): 2.19.
QUICK RATIO (ACID-TEST)
2.19
QUICK RATIO (ACID-TEST) AVG TTM
1.90
QUICK RATIO (ACID-TEST) AVG 3Y
2.32
QUICK RATIO (ACID-TEST) AVG 5Y
2.23
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
+15.62%
CURRENT VS 3Y AVG
-5.60%
CURRENT VS 5Y AVG
-1.85%
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 103 covered companies
CURRENT VS SECTOR MEDIAN
+40.55%
vs the sector median at left
Atlas Critical Minerals Corporation
Market Cap
$7.64M
Quick Ratio (Acid-Test)
2.19
TTM Avg
1.90
3Y Avg
2.32
5Y Avg
2.23
Market Cap
$7.13M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.67
3Y Avg
1.71
5Y Avg
1.52
Market Cap
$8.31M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
Market Cap
$6.75M
Quick Ratio (Acid-Test)
1.43
TTM Avg
1.79
3Y Avg
1.10
5Y Avg
0.88
Market Cap
$10.02M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.04
3Y Avg
2.00
5Y Avg
1.62
Market Cap
$4.86M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.18
3Y Avg
0.86
5Y Avg
1.47
Market Cap
$10.59M
Quick Ratio (Acid-Test)
2.89
TTM Avg
2.71
3Y Avg
3.46
5Y Avg
2.72
Market Cap
$4.27M
Quick Ratio (Acid-Test)
2.58
TTM Avg
2.12
3Y Avg
5.26
5Y Avg
7.39
Market Cap
$2.17M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.27
3Y Avg
0.30
5Y Avg
0.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlas Critical Minerals Corporation (ATCX) | $7.64M | 2.19 | 1.90 | 2.32 | 2.23 |
| Bon Natural Life Limited (BON)vs › | $7.13M | 1.31 | 1.67 | 1.71 | 1.52 |
| Blue Gold Limited (BGL)vs › | $8.31M | 0.19 | 0.11 | 0.32 | 2.81 |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.75M | 1.43 | 1.79 | 1.10 | 0.88 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $10.02M | 1.47 | 2.04 | 2.00 | 1.62 |
| China Natural Resources, Inc. (CHNR)vs › | $4.86M | 0.12 | 0.18 | 0.86 | 1.47 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $10.59M | 2.89 | 2.71 | 3.46 | 2.72 |
| Gulf Resources, Inc. (GURE)vs › | $4.27M | 2.58 | 2.12 | 5.26 | 7.39 |
| Capstone Holding Corp. (CAPS)vs › | $2.17M | 0.39 | 0.27 | 0.30 | 0.36 |
| CN Energy Group. Inc. (CNEY)vs › | $1.65M | 1.67 | 15.23 | 8.56 | 7.37 |
Quick Ratio
2.19
Excludes inventory
Current Ratio
2.30
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) |
|---|---|
| 2022-12-30 | 2.19 |
| 2022-09-30 | 1.95 |
| 2022-07-01 | 1.68 |
| 2022-04-01 | 1.81 |
| 2021-12-31 | 1.85 |
| 2021-10-01 | 2.55 |
| 2021-07-02 | 2.63 |
| 2021-04-02 | 3.40 |
| 2020-12-31 | 2.26 |
| 2020-09-30 | 2.23 |
| 2020-06-30 | 2.70 |
| 2020-03-31 | 2.61 |
| 2019-12-31 | 2.33 |
| 2019-09-30 | 0.80 |
| 2019-06-30 | 1.89 |
| 2019-03-31 | 2.85 |
| 2018-12-31 | 7.91 |
| 2018-09-30 | 0.19 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
