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 6.58 is 44% below its 5-year average of 11.73, near the low end of its 5-year range (3.12–24.76).
As of the fiscal period ended Tuesday, March 31, 2026. 19.82% above its 12-month average of 5.49.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
6.58
QUICK RATIO (ACID-TEST) AVG TTM
5.49
QUICK RATIO (ACID-TEST) AVG 3Y
7.38
QUICK RATIO (ACID-TEST) AVG 5Y
11.73
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+19.82%
CURRENT VS 3Y AVG
-10.76%
CURRENT VS 5Y AVG
-43.87%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.19
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+450.85%
vs the sector median at left
MP Materials Corp.
Market Cap
$7.68B
Quick Ratio (Acid-Test)
6.58
TTM Avg
5.49
3Y Avg
7.38
5Y Avg
11.73
Market Cap
$7.82B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.13
3Y Avg
1.12
5Y Avg
1.15
Market Cap
$8.01B
Quick Ratio (Acid-Test)
2.41
TTM Avg
2.27
3Y Avg
2.10
5Y Avg
2.26
Market Cap
$7.10B
Quick Ratio (Acid-Test)
0.47
TTM Avg
0.47
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$9.62B
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.09
3Y Avg
1.12
5Y Avg
1.12
Market Cap
$12.42B
Quick Ratio (Acid-Test)
0.91
TTM Avg
1.06
3Y Avg
1.20
5Y Avg
1.12
Market Cap
$13.70B
Quick Ratio (Acid-Test)
1.57
TTM Avg
1.38
3Y Avg
1.19
5Y Avg
1.03
Market Cap
$13.77B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.30
3Y Avg
1.33
5Y Avg
1.27
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MP Materials Corp. (MP) | $7.68B | 6.58 | 5.49 | 7.38 | 11.73 |
| Builders FirstSource, Inc. (BLDR)vs › | $7.82B | 1.16 | 1.13 | 1.12 | 1.15 |
| First Majestic Silver Corp. (AG)vs › | $8.01B | 2.41 | 2.27 | 2.10 | 2.26 |
| The Mosaic Company (MOS)vs › | $7.10B | 0.47 | 0.47 | 0.51 | 0.53 |
| Solstice Advanced Materials Inc. (SOLS)vs › | $9.62B | 0.98 | 1.09 | 1.12 | 1.12 |
| Alcoa Corporation (AA)vs › | $11.63B | 0.87 | 0.86 | 0.85 | 0.92 |
| United States Steel Corporation (X)vs › | $12.42B | 0.91 | 1.06 | 1.20 | 1.12 |
| Albemarle Corporation (ALB)vs › | $13.70B | 1.57 | 1.38 | 1.19 | 1.03 |
| RPM International Inc. (RPM)vs › | $13.77B | 1.16 | 1.30 | 1.33 | 1.27 |
| Lightwave Logic, Inc. (LWLG)vs › | $944.51M | 32.69 | 24.22 | 19.49 | 16.17 |
Quick Ratio
6.58
Excludes inventory
Current Ratio
7.24
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 | 6.58 |
| 2025-12-31 | 6.67 |
| 2025-09-30 | 7.51 |
| 2025-06-30 | 3.12 |
| 2025-03-31 | 3.58 |
| 2024-12-31 | 5.63 |
| 2024-09-30 | 6.13 |
| 2024-06-30 | 6.17 |
| 2024-03-31 | 9.28 |
| 2023-12-31 | 9.54 |
| 2023-09-30 | 11.45 |
| 2023-06-30 | 15.26 |
| 2023-03-31 | 12.84 |
| 2022-12-31 | 12.68 |
| 2022-09-30 | 17.33 |
| 2022-06-30 | 19.75 |
| 2022-03-31 | 24.76 |
| 2021-12-31 | 20.79 |
| 2021-09-30 | 17.26 |
| 2021-06-30 | 13.41 |
| 2021-03-31 | 16.51 |
| 2020-12-31 | 12.28 |
| 2020-09-30 | 0.65 |
| 2020-06-30 | 0.74 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.14 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
