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 0.19 is 86% below its 5-year average of 1.40, near the low end of its 5-year range (0.19–2.87).
As of the fiscal period ended Tuesday, June 30, 2026. 2.35% below its 12-month average of 0.20.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.19.
QUICK RATIO (ACID-TEST)
0.19
QUICK RATIO (ACID-TEST) AVG TTM
0.20
QUICK RATIO (ACID-TEST) AVG 3Y
0.79
QUICK RATIO (ACID-TEST) AVG 5Y
1.40
QUICK RATIO (ACID-TEST) AVG 10Y
1.28
QUICK RATIO (ACID-TEST) AVG 15Y
1.20
QUICK RATIO (ACID-TEST) AVG 20Y
1.26
CURRENT VS TTM AVG
-2.35%
CURRENT VS 3Y AVG
-75.72%
CURRENT VS 5Y AVG
-86.30%
CURRENT VS 10Y AVG
-85.01%
CURRENT VS 15Y AVG
-83.98%
CURRENT VS 20Y AVG
-84.77%
SECTOR MEDIAN · BASIC MATERIALS
1.52
median of 124 covered companies
CURRENT VS SECTOR MEDIAN
-87.31%
vs the sector median at left
Market Cap
$31.83M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.44
3Y Avg
5.05
5Y Avg
3.49
Market Cap
$39.19M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.32
3Y Avg
0.22
5Y Avg
0.18
Market Cap
$21.59M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.64
3Y Avg
0.75
5Y Avg
0.77
Market Cap
$50.36M
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.64
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$20.33M
Quick Ratio (Acid-Test)
0.68
TTM Avg
2.40
3Y Avg
4.50
5Y Avg
4.58
Market Cap
$18.48M
Quick Ratio (Acid-Test)
10.09
TTM Avg
47.57
3Y Avg
24.00
5Y Avg
24.00
Market Cap
$53.05M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$16.76M
Quick Ratio (Acid-Test)
0.68
TTM Avg
1.97
3Y Avg
2.05
5Y Avg
2.26
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Largo Inc. (LGO) | $36.27M | 0.19 | 0.20 | 0.79 | 1.40 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.83M | 2.69 | 2.44 | 5.05 | 3.49 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.19M | 0.12 | 0.32 | 0.22 | 0.18 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.59M | 0.63 | 0.64 | 0.75 | 0.77 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $50.36M | 0.33 | 0.64 | 0.80 | 0.80 |
| Loop Industries, Inc. (LOOP)vs › | $20.33M | 0.68 | 2.40 | 4.50 | 4.58 |
| Greenland Mines Ltd. (GRML)vs › | $18.48M | 10.09 | 47.57 | 24.00 | 24.00 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.05M | 0.88 | 0.27 | 0.24 | 2.97 |
| Mercer International Inc. (MERC)vs › | $16.76M | 0.68 | 1.97 | 2.05 | 2.26 |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.27M | 2.89 | 2.71 | 3.46 | 2.72 |
Quick Ratio
0.19
Excludes inventory
Current Ratio
0.54
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 | 0.19 |
| 2026-03-31 | 0.19 |
| 2025-12-31 | 0.19 |
| 2025-09-30 | 0.20 |
| 2025-06-30 | 0.21 |
| 2025-03-31 | 0.27 |
| 2024-12-31 | 0.40 |
| 2024-09-30 | 0.81 |
| 2024-06-30 | 1.23 |
| 2024-03-31 | 1.50 |
| 2023-12-31 | 1.78 |
| 2023-09-30 | 1.62 |
| 2023-06-30 | 1.70 |
| 2023-03-31 | 2.44 |
| 2022-12-31 | 2.31 |
| 2022-09-30 | 1.75 |
| 2022-06-30 | 1.98 |
| 2022-03-31 | 2.28 |
| 2021-12-31 | 2.75 |
| 2021-09-30 | 2.87 |
| 2021-06-30 | 2.81 |
| 2021-03-31 | 5.69 |
| 2020-12-31 | 2.30 |
| 2020-09-30 | 2.12 |
| 2020-06-30 | 2.30 |
| 2020-03-31 | 1.78 |
| 2019-12-31 | 1.73 |
| 2019-09-30 | 1.69 |
| 2019-06-30 | 1.28 |
| 2019-03-31 | 1.76 |
| 2018-12-31 | 1.32 |
| 2018-09-30 | 6.69 |
| 2018-06-30 | 1.20 |
| 2018-03-31 | 0.85 |
| 2017-12-31 | 0.59 |
| 2017-09-30 | 0.40 |
| 2017-06-30 | 0.30 |
| 2017-03-31 | 0.29 |
| 2016-12-31 | 0.22 |
| 2016-09-30 | 0.18 |
| 2016-06-30 | 0.21 |
| 2016-03-31 | 0.41 |
| 2015-12-31 | 0.11 |
| 2015-09-30 | 0.35 |
| 2015-06-30 | 0.85 |
| 2015-03-31 | 0.10 |
| 2014-12-31 | 0.22 |
| 2014-09-30 | 0.37 |
| 2014-06-30 | 0.54 |
| 2014-03-31 | 0.73 |
| 2013-12-31 | 1.24 |
| 2013-09-30 | 2.00 |
| 2013-06-30 | 2.09 |
| 2013-03-31 | 4.23 |
| 2012-12-31 | 6.08 |
| 2012-09-30 | 14.06 |
| 2012-06-30 | 0.87 |
| 2012-03-31 | 1.06 |
| 2011-12-31 | 1.02 |
| 2011-09-30 | 1.05 |
| 2011-06-30 | 1.16 |
| 2011-03-31 | 0.84 |
| 2010-12-31 | 1.11 |
| 2010-09-30 | 1.03 |
| 2010-06-30 | 0.69 |
| 2010-03-31 | 4.11 |
| 2009-12-31 | 0.77 |
| 2009-09-30 | 0.58 |
| 2009-06-30 | 0.18 |
| 2009-03-31 | 0.74 |
| 2008-12-31 | 0.26 |
| 2008-09-30 | 1.02 |
| 2008-06-30 | 4.39 |
| 2008-03-31 | 0.29 |
| 2007-12-31 | 0.55 |
| 2007-09-30 | 2.29 |
| 2007-06-30 | 8.33 |
| 2007-03-31 | 3.19 |
| 2006-12-31 | 4.82 |
| 2006-09-30 | 2.03 |
| 2006-06-30 | 2.22 |
| 2006-03-31 | 20.44 |
| 2005-12-31 | 5.92 |
| 2005-09-30 | 5.55 |
| 2005-06-30 | 11.55 |
| 2005-03-31 | 16.16 |
| 2004-12-31 | 9.56 |
| 2004-09-30 | 17.80 |
| 2004-06-30 | 51.12 |
| 2004-03-31 | 179.33 |
| 2003-12-31 | 27.46 |
| 2003-09-30 | 30.49 |
| 2003-06-30 | 0.09 |
| 2003-03-31 | 0.26 |
| 2002-12-31 | 0.38 |
| 2002-09-30 | 0.14 |
