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 0.37 is 76% below its 5-year average of 1.58, near the low end of its 5-year range (0.37–6.49).
As of the fiscal period ended Tuesday, June 30, 2026. 29.56% below its 12-month average of 0.53.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.37.
QUICK RATIO (ACID-TEST)
0.37
QUICK RATIO (ACID-TEST) AVG TTM
0.53
QUICK RATIO (ACID-TEST) AVG 3Y
0.59
QUICK RATIO (ACID-TEST) AVG 5Y
1.58
QUICK RATIO (ACID-TEST) AVG 10Y
2.90
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-29.56%
CURRENT VS 3Y AVG
-37.00%
CURRENT VS 5Y AVG
-76.30%
CURRENT VS 10Y AVG
-87.15%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.06
median of 110 covered companies
CURRENT VS SECTOR MEDIAN
-64.78%
vs the sector median at left
Nextdecade Corp
Market Cap
$1.83B
Quick Ratio (Acid-Test)
0.37
TTM Avg
0.53
3Y Avg
0.59
5Y Avg
1.58
Market Cap
$2.09B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.41
3Y Avg
1.83
5Y Avg
2.17
Market Cap
$1.46B
Quick Ratio (Acid-Test)
2.12
TTM Avg
1.93
3Y Avg
1.59
5Y Avg
1.80
Market Cap
$1.43B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.48
3Y Avg
1.59
5Y Avg
1.64
Market Cap
$1.41B
Quick Ratio (Acid-Test)
13.85
TTM Avg
15.75
3Y Avg
16.35
5Y Avg
15.30
Market Cap
$2.51B
Quick Ratio (Acid-Test)
0.86
TTM Avg
0.89
3Y Avg
0.85
5Y Avg
0.97
Market Cap
$1.04B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.88
3Y Avg
0.84
5Y Avg
0.94
Market Cap
$881.99M
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.56
3Y Avg
0.66
5Y Avg
0.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextdecade Corp (NEXT) | $1.83B | 0.37 | 0.53 | 0.59 | 1.58 |
| Sunrun Inc. (RUN)vs › | $1.86B | 1.00 | 1.13 | 1.09 | 1.06 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.09B | 1.38 | 1.41 | 1.83 | 2.17 |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 2.12 | 1.93 | 1.59 | 1.80 |
| Shoals Technologies Group, Inc. (SHLS)vs › | $1.43B | 1.12 | 1.48 | 1.59 | 1.64 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.41B | 13.85 | 15.75 | 16.35 | 15.30 |
| National Energy Services Reunited Corp. (NESR)vs › | $2.51B | 0.86 | 0.89 | 0.85 | 0.97 |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | 0.85 | 0.88 | 0.84 | 0.94 |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | 0.59 | 0.56 | 0.66 | 0.66 |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $846.17M | 1.82 | 1.68 | 1.68 | 1.68 |
Quick Ratio
0.37
Excludes inventory
Current Ratio
0.37
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 | 0.37 |
| 2026-03-31 | 0.40 |
| 2025-12-31 | 0.54 |
| 2025-09-30 | 0.64 |
| 2025-06-30 | 0.70 |
| 2025-03-31 | 0.85 |
| 2024-12-31 | 0.69 |
| 2024-09-30 | 0.49 |
| 2024-06-30 | 0.45 |
| 2024-03-31 | 0.56 |
| 2023-12-31 | 0.57 |
| 2023-09-30 | 0.85 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.51 |
| 2022-12-31 | 2.52 |
| 2022-09-30 | 6.49 |
| 2022-06-30 | 5.24 |
| 2022-03-31 | 3.23 |
| 2021-12-31 | 3.21 |
| 2021-09-30 | 4.62 |
| 2021-06-30 | 2.89 |
| 2021-03-31 | 5.46 |
| 2020-12-31 | 4.53 |
| 2020-09-30 | 4.17 |
| 2020-06-30 | 14.61 |
| 2020-03-31 | 4.49 |
| 2019-12-31 | 3.66 |
| 2019-09-30 | 1.98 |
| 2019-06-30 | 6.84 |
| 2019-03-31 | 8.55 |
| 2018-12-31 | 6.36 |
| 2018-09-30 | 4.37 |
| 2018-06-30 | 1.45 |
| 2018-03-31 | 4.18 |
| 2017-12-31 | 5.10 |
| 2017-09-30 | 7.34 |
| 2017-06-30 | 0.19 |
| 2017-03-31 | 0.69 |
| 2016-12-31 | 0.34 |
| 2016-09-30 | 1.61 |
| 2016-06-30 | 6.89 |
| 2016-03-31 | 3.87 |
| 2015-12-31 | 21.54 |
| 2015-09-30 | 27.82 |
| 2015-06-30 | 10.83 |
| 2015-03-31 | 3.71 |
| 2014-09-30 | 0.08 |
| 2014-05-31 | 1.03 |
