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 5.47 is 41% below its 5-year average of 9.24, near the low end of its 5-year range (0.04–57.43).
As of the fiscal period ended Tuesday, June 30, 2026. 13.58% below its 12-month average of 6.33.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.47.
QUICK RATIO (ACID-TEST)
5.47
QUICK RATIO (ACID-TEST) AVG TTM
6.33
QUICK RATIO (ACID-TEST) AVG 3Y
7.41
QUICK RATIO (ACID-TEST) AVG 5Y
9.24
QUICK RATIO (ACID-TEST) AVG 10Y
9.57
QUICK RATIO (ACID-TEST) AVG 15Y
10.28
QUICK RATIO (ACID-TEST) AVG 20Y
13.34
CURRENT VS TTM AVG
-13.58%
CURRENT VS 3Y AVG
-26.26%
CURRENT VS 5Y AVG
-40.85%
CURRENT VS 10Y AVG
-42.89%
CURRENT VS 15Y AVG
-46.82%
CURRENT VS 20Y AVG
-59.03%
SECTOR MEDIAN · BASIC MATERIALS
1.61
median of 58 covered companies
CURRENT VS SECTOR MEDIAN
+239.55%
vs the sector median at left
Lithium Americas Corp.
Market Cap
$569.36M
Quick Ratio (Acid-Test)
5.47
TTM Avg
6.33
3Y Avg
7.41
5Y Avg
9.24
Market Cap
$574.21M
Quick Ratio (Acid-Test)
2.50
TTM Avg
3.04
3Y Avg
2.62
5Y Avg
2.18
Market Cap
$878.26M
Quick Ratio (Acid-Test)
62.84
TTM Avg
24.22
3Y Avg
19.49
5Y Avg
16.17
Market Cap
$948.02M
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.91
3Y Avg
2.01
5Y Avg
3.25
Market Cap
$2.06B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.71
3Y Avg
1.64
5Y Avg
1.83
Market Cap
$2.55B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.42
3Y Avg
1.63
5Y Avg
2.06
Market Cap
$3.18B
Quick Ratio (Acid-Test)
25.78
TTM Avg
18.62
3Y Avg
15.35
5Y Avg
13.81
Market Cap
$3.61B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.93
3Y Avg
1.88
5Y Avg
2.46
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lithium Americas Corp. (LAC) | $569.36M | 5.47 | 6.33 | 7.41 | 9.24 |
| Janus International Group, Inc. (JBI)vs › | $574.21M | 2.50 | 3.04 | 2.62 | 2.18 |
| Lightwave Logic, Inc. (LWLG)vs › | $878.26M | 62.84 | 24.22 | 19.49 | 16.17 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $948.02M | 5.31 | 2.91 | 2.01 | 3.25 |
| Minerals Technologies Inc. (MTX)vs › | $2.06B | 1.00 | 1.71 | 1.64 | 1.83 |
| Endeavour Silver Corp. (EXK)vs › | $2.55B | 1.65 | 1.42 | 1.63 | 2.06 |
| WD-40 Company (WDFC)vs › | $2.72B | 1.95 | 1.85 | 1.71 | 1.90 |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.18B | 25.78 | 18.62 | 15.35 | 13.81 |
| Aris Mining Corporation (ARIS)vs › | $3.61B | 1.68 | 1.93 | 1.88 | 2.46 |
| Griffon Corporation (GFF)vs › | $4.31B | 1.79 | 1.39 | 1.35 | 1.44 |
Quick Ratio
5.47
Excludes inventory
Current Ratio
5.47
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 | 5.47 |
| 2026-03-31 | 7.36 |
| 2025-12-31 | 5.16 |
| 2025-09-30 | 3.77 |
| 2025-06-30 | 9.88 |
| 2025-03-31 | 10.35 |
| 2024-12-31 | 10.33 |
| 2024-09-30 | 13.94 |
| 2024-06-30 | 20.28 |
| 2024-03-31 | 6.94 |
| 2023-12-31 | 8.37 |
| 2023-09-30 | 3.38 |
| 2023-06-30 | 4.01 |
| 2023-03-31 | 3.30 |
| 2022-12-31 | 0.04 |
| 2022-09-30 | 52.06 |
| 2022-06-30 | 44.14 |
| 2022-03-31 | 51.19 |
| 2021-12-31 | 0.40 |
| 2021-09-30 | 57.43 |
| 2021-06-30 | 56.73 |
| 2021-03-31 | 98.92 |
| 2020-12-31 | 17.42 |
| 2020-09-30 | 15.34 |
| 2020-06-30 | 4.05 |
| 2020-03-31 | 5.40 |
| 2019-12-31 | 6.12 |
| 2019-09-30 | 9.90 |
| 2019-06-30 | 7.55 |
| 2019-03-31 | 9.93 |
| 2018-12-31 | 13.48 |
| 2018-09-30 | 8.19 |
| 2018-06-30 | 7.70 |
| 2018-03-31 | 22.76 |
| 2017-12-31 | 15.88 |
| 2017-09-30 | 17.28 |
| 2017-06-30 | 23.84 |
| 2017-03-31 | 6.30 |
| 2016-09-30 | 8.88 |
| 2016-06-30 | 12.45 |
| 2016-03-31 | 4.42 |
| 2015-12-31 | 1.42 |
| 2015-09-30 | 1.07 |
| 2015-06-30 | 2.08 |
| 2015-03-31 | 1.02 |
| 2014-12-31 | 2.94 |
| 2014-09-30 | 4.09 |
| 2014-06-30 | 7.84 |
| 2014-03-31 | 3.92 |
| 2013-12-31 | 10.54 |
| 2013-09-30 | 18.81 |
| 2013-06-30 | 26.09 |
| 2013-03-31 | 50.38 |
| 2012-12-31 | 11.71 |
| 2012-09-30 | 12.12 |
| 2012-06-30 | 23.08 |
| 2012-03-31 | 16.60 |
| 2011-12-31 | 18.62 |
| 2011-09-30 | 17.14 |
| 2011-06-30 | 35.89 |
| 2011-03-31 | 33.87 |
| 2010-12-31 | 17.41 |
| 2010-09-30 | 25.46 |
| 2010-06-30 | 39.04 |
| 2010-03-31 | 39.48 |
| 2009-12-31 | 43.09 |
| 2009-09-30 | 8.75 |
| 2009-06-30 | 21.33 |
| 2009-03-31 | 18.34 |
| 2008-12-31 | 13.97 |
| 2008-09-30 | 37.86 |
| 2008-06-30 | 16.61 |
| 2008-03-31 | 3.10 |
| 2007-12-31 | 0.00 |
