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 2.44 is in line with its 5-year average of 2.58, near the low end of its 5-year range (2.06–3.46).
As of the fiscal period ended Tuesday, March 31, 2026. 3.68% above its 12-month average of 2.36.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.44
QUICK RATIO (ACID-TEST) AVG TTM
2.36
QUICK RATIO (ACID-TEST) AVG 3Y
2.30
QUICK RATIO (ACID-TEST) AVG 5Y
2.58
QUICK RATIO (ACID-TEST) AVG 10Y
2.25
QUICK RATIO (ACID-TEST) AVG 15Y
1.97
QUICK RATIO (ACID-TEST) AVG 20Y
1.98
CURRENT VS TTM AVG
+3.68%
CURRENT VS 3Y AVG
+6.05%
CURRENT VS 5Y AVG
-5.33%
CURRENT VS 10Y AVG
+8.60%
CURRENT VS 15Y AVG
+24.25%
CURRENT VS 20Y AVG
+23.60%
SECTOR MEDIAN · BASIC MATERIALS
1.15
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+111.58%
vs the sector median at left
Barrick Mining Corporation
Market Cap
$64.34B
Quick Ratio (Acid-Test)
2.44
TTM Avg
2.36
3Y Avg
2.30
5Y Avg
2.58
Market Cap
$65.50B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.94
Market Cap
$52.61B
Quick Ratio (Acid-Test)
N/A
TTM Avg
17.93
3Y Avg
20.16
5Y Avg
15.88
Market Cap
$87.71B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Barrick Mining Corporation (B) | $64.34B | 2.44 | 2.36 | 2.30 | 2.58 |
| Vale S.A. (VALE)vs › | $63.39B | 0.79 | 0.73 | 0.80 | 0.96 |
| Air Products and Chemicals, Inc. (APD)vs › | $65.50B | 0.92 | 1.27 | 1.34 | 1.94 |
| Nucor Corporation (NUE)vs › | $62.37B | 1.36 | 1.52 | 1.88 | 1.85 |
| CRH plc (CRH)vs › | $66.42B | 1.07 | 1.02 | 1.16 | 1.27 |
| Wheaton Precious Metals Corp. (WPM)vs › | $52.61B | N/A | 17.93 | 20.16 | 15.88 |
| Corteva, Inc. (CTVA)vs › | $52.06B | 1.10 | 0.95 | 0.93 | 0.99 |
| Ecolab Inc. (ECL)vs › | $79.59B | 1.57 | 0.88 | 0.90 | 0.97 |
| The Sherwin-Williams Company (SHW)vs › | $87.71B | 0.46 | 0.49 | 0.51 | 0.53 |
| Steel Dynamics, Inc. (STLD)vs › | $38.07B | 1.45 | 1.19 | 1.57 | 1.62 |
Quick Ratio
2.44
Excludes inventory
Current Ratio
3.06
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) |
|---|---|
| 2026-03-31 | 2.44 |
| 2025-12-31 | 2.33 |
| 2025-09-30 | 2.33 |
| 2025-06-30 | 2.53 |
| 2025-03-31 | 2.16 |
| 2024-12-31 | 2.15 |
| 2024-09-30 | 2.06 |
| 2024-06-30 | 2.31 |
| 2024-03-31 | 2.49 |
| 2023-12-31 | 2.39 |
| 2023-09-30 | 2.28 |
| 2023-06-30 | 2.42 |
| 2023-03-31 | 2.07 |
| 2022-12-31 | 2.14 |
| 2022-09-30 | 2.98 |
| 2022-06-30 | 3.19 |
| 2022-03-31 | 3.23 |
| 2021-12-31 | 3.12 |
| 2021-09-30 | 3.13 |
| 2021-06-30 | 3.46 |
| 2021-03-31 | 3.01 |
| 2020-12-31 | 2.82 |
| 2020-09-30 | 3.28 |
| 2020-06-30 | 2.63 |
| 2020-03-31 | 2.18 |
| 2019-12-31 | 1.94 |
| 2019-09-30 | 1.76 |
| 2019-06-30 | 1.63 |
| 2019-03-31 | 1.47 |
| 2018-12-31 | 1.27 |
| 2018-09-30 | 1.42 |
| 2018-06-30 | 1.22 |
| 2018-03-31 | 1.71 |
| 2017-12-31 | 1.60 |
| 2017-09-30 | 1.56 |
| 2017-06-30 | 2.33 |
| 2017-03-31 | 2.35 |
| 2016-12-31 | 1.62 |
| 2016-09-30 | 1.72 |
| 2016-06-30 | 1.84 |
| 2016-03-31 | 1.70 |
| 2015-12-31 | 2.03 |
| 2015-09-30 | 1.93 |
| 2015-06-30 | 1.67 |
| 2015-03-31 | 1.31 |
| 2014-12-31 | 1.34 |
| 2014-09-30 | 1.64 |
| 2014-06-30 | 1.71 |
| 2014-03-31 | 1.44 |
| 2013-12-31 | 1.23 |
| 2013-09-30 | 0.96 |
| 2013-06-30 | 1.03 |
| 2013-03-31 | 1.07 |
| 2012-12-31 | 0.72 |
| 2012-09-30 | 0.89 |
| 2012-06-30 | 0.95 |
| 2012-03-31 | 1.08 |
| 2011-12-31 | 1.39 |
| 2011-09-30 | 1.49 |
| 2011-06-30 | 1.51 |
| 2011-03-31 | 2.33 |
| 2010-12-31 | 2.11 |
| 2010-09-30 | 2.12 |
| 2010-06-30 | 2.50 |
| 2010-03-31 | 2.29 |
| 2009-12-31 | 1.92 |
| 2009-09-30 | 4.72 |
| 2009-06-30 | 2.06 |
| 2009-03-31 | 1.95 |
| 2008-12-31 | 1.52 |
| 2008-09-30 | 1.90 |
| 2008-06-30 | 2.08 |
| 2008-03-31 | 1.90 |
| 2007-12-31 | 2.45 |
| 2007-09-30 | 3.00 |
| 2007-06-30 | 3.08 |
| 2007-03-31 | 1.97 |
| 2006-12-31 | 2.09 |
| 2006-09-30 | 1.20 |
| 2006-06-30 | 1.07 |
| 2006-03-31 | 0.98 |
| 2005-12-31 | 2.41 |
| 2005-09-30 | 2.90 |
| 2005-06-30 | 3.32 |
| 2005-03-31 | 3.76 |
| 2004-12-31 | 4.16 |
| 2004-09-30 | 2.31 |
| 2004-06-30 | 2.21 |
| 2004-03-31 | 3.00 |
| 2003-12-31 | 3.45 |
| 2003-09-30 | 2.45 |
| 2003-06-30 | 3.55 |
| 2003-03-31 | 3.03 |
| 2002-12-31 | 2.61 |
| 2002-09-30 | 2.34 |
| 2002-06-30 | 2.06 |