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 7.12 is 104% above its 5-year average of 3.49, near the low end of its 5-year range (0.15–24.31).
As of the fiscal period ended Tuesday, June 30, 2026. 132.38% above its 12-month average of 3.07.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 7.12.
QUICK RATIO (ACID-TEST)
7.12
QUICK RATIO (ACID-TEST) AVG TTM
3.07
QUICK RATIO (ACID-TEST) AVG 3Y
0.76
QUICK RATIO (ACID-TEST) AVG 5Y
3.49
QUICK RATIO (ACID-TEST) AVG 10Y
4.42
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+132.38%
CURRENT VS 3Y AVG
+841.35%
CURRENT VS 5Y AVG
+103.86%
CURRENT VS 10Y AVG
+61.23%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.48
median of 129 covered companies
CURRENT VS SECTOR MEDIAN
+381.39%
vs the sector median at left
5E Advanced Materials Inc.
Market Cap
$168.34M
Quick Ratio (Acid-Test)
7.12
TTM Avg
3.07
3Y Avg
0.76
5Y Avg
3.49
Market Cap
$185.35M
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.04
3Y Avg
1.02
5Y Avg
1.00
Market Cap
$125.45M
Quick Ratio (Acid-Test)
3.63
TTM Avg
3.95
3Y Avg
3.12
5Y Avg
2.49
Market Cap
$123.73M
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.09
3Y Avg
0.13
5Y Avg
0.14
Market Cap
$119.34M
Quick Ratio (Acid-Test)
3.31
TTM Avg
2.43
3Y Avg
2.21
5Y Avg
2.17
Market Cap
$225.49M
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.62
3Y Avg
1.18
5Y Avg
0.93
Market Cap
$95.09M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.35
3Y Avg
1.31
5Y Avg
1.31
Market Cap
$80.73M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$78.74M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| 5E Advanced Materials Inc. (FEAM) | $168.34M | 7.12 | 3.07 | 0.76 | 3.49 |
| Hongli Group Inc. (HLP)vs › | $185.35M | 0.95 | 1.04 | 1.02 | 1.00 |
| Ascent Industries Co. (ACNT)vs › | $125.45M | 3.63 | 3.95 | 3.12 | 2.49 |
| Aemetis, Inc. (AMTX)vs › | $123.73M | 0.05 | 0.09 | 0.13 | 0.14 |
| Smith-Midland Corporation (SMID)vs › | $119.34M | 3.31 | 2.43 | 2.21 | 2.17 |
| Hudson Technologies, Inc. (HDSN)vs › | $225.49M | 1.33 | 1.62 | 1.18 | 0.93 |
| Caesarstone Ltd. (CSTE)vs › | $95.09M | 1.05 | 1.35 | 1.31 | 1.31 |
| Julong Holding Limited (JLHL)vs › | $80.73M | 1.21 | 1.15 | 1.27 | 1.27 |
| Atlas Lithium Corporation (ATLX)vs › | $78.74M | 2.40 | 2.65 | 2.61 | 1.77 |
| Northern Technologies International Corporation (NTIC)vs › | $73.37M | 1.15 | 1.36 | 1.43 | 2.01 |
Quick Ratio
7.12
Excludes inventory
Current Ratio
7.12
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 | 7.12 |
| 2026-03-31 | 6.50 |
| 2025-12-31 | 0.19 |
| 2025-09-30 | 0.80 |
| 2025-06-30 | 0.72 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 0.15 |
| 2024-09-30 | 1.08 |
| 2024-06-30 | 0.70 |
| 2024-03-31 | 1.38 |
| 2023-12-31 | 0.39 |
| 2023-09-30 | 1.42 |
| 2023-06-30 | 2.50 |
| 2023-03-31 | 3.32 |
| 2022-12-31 | 4.63 |
| 2022-09-30 | 7.93 |
| 2022-06-30 | 4.41 |
| 2022-03-31 | 7.15 |
| 2021-12-31 | 10.97 |
| 2021-09-30 | 7.80 |
| 2021-06-30 | 24.31 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 27.27 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 10.19 |
| 2020-03-31 | 10.19 |
| 2019-12-31 | 1.61 |
| 2019-09-30 | 1.61 |
| 2019-06-30 | 9.12 |
| 2019-03-31 | 9.12 |
| 2018-12-31 | 9.20 |
| 2018-09-30 | 9.20 |
| 2018-06-30 | 8.33 |
| 2018-03-31 | 8.33 |
| 2017-12-31 | 6.02 |
| 2017-09-30 | 6.02 |
| 2017-04-30 | 0.12 |
| 2017-01-31 | 0.12 |
