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 0.93 is 24% below its 5-year average of 1.22, near the low end of its 5-year range (0.93–1.77).
As of the fiscal period ended Tuesday, June 30, 2026. 5.25% below its 12-month average of 0.98.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.93
QUICK RATIO (ACID-TEST) AVG TTM
0.98
QUICK RATIO (ACID-TEST) AVG 3Y
1.11
QUICK RATIO (ACID-TEST) AVG 5Y
1.22
QUICK RATIO (ACID-TEST) AVG 10Y
1.25
QUICK RATIO (ACID-TEST) AVG 15Y
1.21
QUICK RATIO (ACID-TEST) AVG 20Y
1.15
CURRENT VS TTM AVG
-5.25%
CURRENT VS 3Y AVG
-16.42%
CURRENT VS 5Y AVG
-24.36%
CURRENT VS 10Y AVG
-25.88%
CURRENT VS 15Y AVG
-23.52%
CURRENT VS 20Y AVG
-19.73%
SECTOR MEDIAN · BASIC MATERIALS
1.18
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-21.51%
vs the sector median at left
Rio Tinto Group
Market Cap
$164.27B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.98
3Y Avg
1.11
5Y Avg
1.22
Market Cap
$162.02B
Quick Ratio (Acid-Test)
4.56
TTM Avg
2.84
3Y Avg
2.88
5Y Avg
2.77
Market Cap
$124.98B
Quick Ratio (Acid-Test)
1.78
TTM Avg
1.58
3Y Avg
1.40
5Y Avg
1.64
Market Cap
$99.39B
Quick Ratio (Acid-Test)
0.92
TTM Avg
1.11
3Y Avg
1.31
5Y Avg
1.43
Market Cap
$229.51B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.20
3Y Avg
1.19
5Y Avg
1.21
Market Cap
$93.67B
Quick Ratio (Acid-Test)
0.80
TTM Avg
0.78
3Y Avg
0.79
5Y Avg
0.84
Market Cap
$87.84B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.49
3Y Avg
0.51
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rio Tinto Group (RIO) | $164.27B | 0.93 | 0.98 | 1.11 | 1.22 |
| Southern Copper Corporation (SCCO)vs › | $162.02B | 4.56 | 2.84 | 2.88 | 2.77 |
| Newmont Corporation (NEM)vs › | $124.98B | 1.78 | 1.58 | 1.40 | 1.64 |
| Linde plc (LIN)vs › | $222.75B | 0.75 | 0.75 | 0.71 | 0.69 |
| Freeport-McMoRan Inc. (FCX)vs › | $99.39B | 0.92 | 1.11 | 1.31 | 1.43 |
| BHP Group Limited (BHP)vs › | $229.51B | 1.28 | 1.20 | 1.19 | 1.21 |
| Johnson Controls International plc (JCI)vs › | $93.67B | 0.80 | 0.78 | 0.79 | 0.84 |
| The Sherwin-Williams Company (SHW)vs › | $87.84B | 0.46 | 0.49 | 0.51 | 0.53 |
| Ecolab Inc. (ECL)vs › | $79.02B | 1.57 | 0.88 | 0.90 | 0.97 |
| Barrick Mining Corporation (B)vs › | $69.54B | 2.44 | 2.24 | 2.25 | 2.49 |
Quick Ratio
0.93
Excludes inventory
Current Ratio
1.42
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 | 0.93 |
| 2025-12-31 | 0.98 |
| 2025-06-30 | 1.03 |
| 2024-12-31 | 1.13 |
| 2024-06-30 | 1.16 |
| 2023-12-31 | 1.17 |
| 2023-06-30 | 1.37 |
| 2022-12-31 | 1.10 |
| 2022-06-30 | 1.34 |
| 2021-12-31 | 1.50 |
| 2021-06-30 | 1.77 |
| 2020-12-31 | 1.46 |
| 2020-06-30 | 1.23 |
| 2019-12-31 | 1.24 |
| 2019-06-30 | 1.20 |
| 2018-12-31 | 1.61 |
| 2018-06-30 | 1.32 |
| 2017-12-31 | 1.38 |
| 2017-05-31 | 1.23 |
| 2016-12-31 | 1.29 |
| 2016-06-30 | 1.32 |
| 2015-12-31 | 1.22 |
| 2015-06-30 | 1.20 |
| 2014-12-31 | 1.33 |
| 2014-06-30 | 1.18 |
| 2013-12-31 | 1.08 |
| 2013-06-30 | 0.93 |
| 2012-12-31 | 0.99 |
| 2012-06-30 | 1.09 |
| 2011-12-31 | 1.11 |
| 2011-06-30 | 1.22 |
| 2010-12-31 | 1.42 |
| 2010-06-30 | 1.03 |
| 2009-12-31 | 1.05 |
| 2009-06-30 | 0.23 |
| 2008-12-31 | 0.58 |
| 2008-06-30 | 0.92 |
| 2007-12-31 | 0.85 |
| 2007-06-30 | 0.70 |
| 2006-12-31 | 0.75 |
| 2006-06-30 | 0.76 |
| 2005-12-31 | 1.14 |
| 2005-06-30 | 0.86 |
| 2004-12-31 | 0.87 |
| 2004-06-30 | 0.85 |
| 2003-12-31 | 0.72 |
| 2003-06-30 | 0.62 |
| 2002-12-31 | 0.54 |
| 2002-06-30 | 0.61 |
| 2001-12-31 | 0.54 |
| 2001-06-30 | 0.45 |
| 2000-12-31 | 0.45 |
| 2000-06-30 | 0.62 |
| 1999-12-31 | 0.73 |
| 1999-06-30 | 0.66 |
| 1998-12-31 | 0.66 |
| 1998-06-30 | 0.73 |
| 1997-12-31 | 0.74 |
| 1996-12-31 | 1.05 |
| 1995-12-31 | 1.26 |
| 1994-12-31 | 1.11 |
| 1993-12-31 | 1.26 |
| 1992-12-31 | 1.47 |
| 1991-12-31 | 1.68 |
| 1990-12-31 | 1.66 |
| 1989-12-31 | 2.03 |
| 1988-12-31 | 1.36 |
| 1987-12-31 | 0.97 |
| 1986-12-31 | 1.21 |
| 1985-12-31 | 1.06 |
