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 1.87 is 19% above its 5-year average of 1.57, near the high end of its 5-year range (1.18–2.02).
As of the fiscal period ended Tuesday, June 30, 2026. 1.19% below its 12-month average of 1.89.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.87.
QUICK RATIO (ACID-TEST)
1.87
QUICK RATIO (ACID-TEST) AVG TTM
1.89
QUICK RATIO (ACID-TEST) AVG 3Y
1.77
QUICK RATIO (ACID-TEST) AVG 5Y
1.57
QUICK RATIO (ACID-TEST) AVG 10Y
1.50
QUICK RATIO (ACID-TEST) AVG 15Y
1.47
QUICK RATIO (ACID-TEST) AVG 20Y
1.37
CURRENT VS TTM AVG
-1.19%
CURRENT VS 3Y AVG
+5.30%
CURRENT VS 5Y AVG
+18.98%
CURRENT VS 10Y AVG
+24.72%
CURRENT VS 15Y AVG
+26.99%
CURRENT VS 20Y AVG
+36.50%
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 140 covered companies
CURRENT VS SECTOR MEDIAN
+20.48%
vs the sector median at left
Market Cap
$2.51B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.22
3Y Avg
1.27
5Y Avg
2.16
Market Cap
$2.57B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.42
3Y Avg
1.63
5Y Avg
2.06
Market Cap
$2.58B
Quick Ratio (Acid-Test)
12.34
TTM Avg
1592.75
3Y Avg
797.07
5Y Avg
533.90
Market Cap
$2.05B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.71
3Y Avg
1.64
5Y Avg
1.83
Market Cap
$1.82B
Quick Ratio (Acid-Test)
31.63
TTM Avg
6.45
3Y Avg
4.26
5Y Avg
3.13
Market Cap
$1.78B
Quick Ratio (Acid-Test)
38.93
TTM Avg
16.43
3Y Avg
13.70
5Y Avg
10.04
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innospec Inc. (IOSP) | $2.43B | 1.87 | 1.89 | 1.77 | 1.57 |
| Kaiser Aluminum Corporation (KALU)vs › | $2.51B | 1.17 | 1.22 | 1.27 | 2.16 |
| Endeavour Silver Corp. (EXK)vs › | $2.57B | 1.65 | 1.42 | 1.63 | 2.06 |
| Perpetua Resources Corp. (PPTA)vs › | $2.58B | 12.34 | 1592.75 | 797.07 | 533.90 |
| WD-40 Company (WDFC)vs › | $2.74B | 1.95 | 1.85 | 1.71 | 1.90 |
| Hawkins, Inc. (HWKN)vs › | $2.76B | 1.54 | 1.42 | 1.41 | 1.39 |
| Minerals Technologies Inc. (MTX)vs › | $2.05B | 1.00 | 1.71 | 1.64 | 1.83 |
| USA Rare Earth Inc (USAR)vs › | $1.82B | 31.63 | 6.45 | 4.26 | 3.13 |
| Hycroft Mining Holding Corporation (HYMC)vs › | $1.78B | 38.93 | 16.43 | 13.70 | 10.04 |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.21B | 25.78 | 18.62 | 15.35 | 13.81 |
Quick Ratio
1.87
Excludes inventory
Current Ratio
2.78
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 | 1.87 |
| 2026-03-31 | 2.02 |
| 2025-12-31 | 1.88 |
| 2025-09-30 | 1.81 |
| 2025-06-30 | 1.88 |
| 2025-03-31 | 1.85 |
| 2024-12-31 | 1.77 |
| 2024-09-30 | 1.73 |
| 2024-06-30 | 1.69 |
| 2024-03-31 | 1.67 |
| 2023-12-31 | 1.58 |
| 2023-09-30 | 1.55 |
| 2023-06-30 | 1.36 |
| 2023-03-31 | 1.33 |
| 2022-12-31 | 1.23 |
| 2022-09-30 | 1.22 |
| 2022-06-30 | 1.18 |
| 2022-03-31 | 1.34 |
| 2021-12-31 | 1.34 |
| 2021-09-30 | 1.33 |
| 2021-06-30 | 1.35 |
| 2021-03-31 | 1.40 |
| 2020-12-31 | 1.37 |
| 2020-09-30 | 1.26 |
| 2020-06-30 | 1.32 |
| 2020-03-31 | 1.43 |
| 2019-12-31 | 1.27 |
| 2019-09-30 | 1.42 |
| 2019-06-30 | 1.32 |
| 2019-03-31 | 1.45 |
| 2018-12-31 | 1.40 |
| 2018-09-30 | 1.37 |
| 2018-06-30 | 1.34 |
| 2018-03-31 | 1.28 |
| 2017-12-31 | 1.34 |
| 2017-09-30 | 1.35 |
| 2017-06-30 | 1.32 |
| 2017-03-31 | 1.25 |
| 2016-12-31 | 1.46 |
| 2016-09-30 | 2.00 |
| 2016-06-30 | 2.07 |
| 2016-03-31 | 1.90 |
| 2015-12-31 | 1.45 |
| 2015-09-30 | 1.41 |
| 2015-06-30 | 1.34 |
| 2015-03-31 | 1.14 |
| 2014-12-31 | 1.03 |
| 2014-09-30 | 1.86 |
| 2014-06-30 | 1.86 |
| 2014-03-31 | 1.85 |
| 2013-12-31 | 1.60 |
| 2013-09-30 | 1.27 |
| 2013-06-30 | 1.28 |
| 2013-03-31 | 1.25 |
| 2012-12-31 | 1.07 |
| 2012-09-30 | 1.52 |
| 2012-06-30 | 1.59 |
| 2012-03-31 | 1.41 |
| 2011-12-31 | 1.26 |
| 2011-09-30 | 1.07 |
| 2011-06-30 | 1.16 |
| 2011-03-31 | 1.14 |
| 2010-12-31 | 1.26 |
| 2010-09-30 | 1.40 |
| 2010-06-30 | 1.25 |
| 2010-03-31 | 1.09 |
| 2009-12-31 | 0.90 |
| 2009-09-30 | 0.97 |
| 2009-06-30 | 1.00 |
| 2009-03-31 | 0.96 |
| 2008-12-31 | 0.63 |
| 2008-09-30 | 0.54 |
| 2008-06-30 | 0.52 |
| 2008-03-31 | 0.79 |
| 2007-12-31 | 0.77 |
| 2007-09-30 | 0.79 |
| 2007-06-30 | 0.92 |
| 2007-03-31 | 0.84 |
| 2006-12-31 | 1.30 |
| 2006-09-30 | 1.28 |
| 2006-06-30 | 1.06 |
| 2006-03-31 | 1.03 |
| 2005-12-31 | 1.02 |
| 2005-09-30 | 1.01 |
| 2005-06-30 | 0.76 |
| 2005-03-31 | 0.75 |
| 2004-12-31 | 0.72 |
| 2004-09-30 | 0.89 |
| 2004-06-30 | 1.11 |
| 2004-03-31 | 0.97 |
| 2003-12-31 | 1.09 |
| 2003-09-30 | 0.69 |
| 2003-06-30 | 0.73 |
| 2003-03-31 | 0.68 |
| 2002-12-31 | 0.62 |
| 2002-09-30 | 0.63 |