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 31.63 is 748% above its 5-year average of 3.73, near the high end of its 5-year range (0.09–35.71).
As of the fiscal period ended Tuesday, June 30, 2026. 45.57% above its 12-month average of 21.73.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 31.63.
QUICK RATIO (ACID-TEST)
31.63
QUICK RATIO (ACID-TEST) AVG TTM
21.73
QUICK RATIO (ACID-TEST) AVG 3Y
8.11
QUICK RATIO (ACID-TEST) AVG 5Y
3.73
QUICK RATIO (ACID-TEST) AVG 10Y
1.14
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+45.57%
CURRENT VS 3Y AVG
+290.17%
CURRENT VS 5Y AVG
+748.34%
CURRENT VS 10Y AVG
+2676.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.56
median of 141 covered companies
CURRENT VS SECTOR MEDIAN
+1927.54%
vs the sector median at left
USA Rare Earth Inc
Market Cap
$1.82B
Quick Ratio (Acid-Test)
31.63
TTM Avg
21.73
3Y Avg
8.11
5Y Avg
3.73
Market Cap
$1.78B
Quick Ratio (Acid-Test)
38.93
TTM Avg
16.43
3Y Avg
13.70
5Y Avg
10.04
Market Cap
$1.60B
Quick Ratio (Acid-Test)
1.87
TTM Avg
1.04
3Y Avg
0.89
5Y Avg
1.37
Market Cap
$2.05B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.71
3Y Avg
1.64
5Y Avg
1.83
Market Cap
$1.17B
Quick Ratio (Acid-Test)
5.48
TTM Avg
6.44
3Y Avg
6.94
5Y Avg
7.29
Market Cap
$1.14B
Quick Ratio (Acid-Test)
0.14
TTM Avg
0.01
3Y Avg
0.18
5Y Avg
2.33
Market Cap
$1.13B
Quick Ratio (Acid-Test)
3.99
TTM Avg
11.19
3Y Avg
7.17
5Y Avg
7.54
Market Cap
$2.51B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.22
3Y Avg
1.27
5Y Avg
2.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| USA Rare Earth Inc (USAR) | $1.82B | 31.63 | 21.73 | 8.11 | 3.73 |
| Hycroft Mining Holding Corporation (HYMC)vs › | $1.78B | 38.93 | 16.43 | 13.70 | 10.04 |
| TMC the metals company inc. (TMC)vs › | $1.60B | 1.87 | 1.04 | 0.89 | 1.37 |
| Minerals Technologies Inc. (MTX)vs › | $2.05B | 1.00 | 1.71 | 1.64 | 1.83 |
| Innospec Inc. (IOSP)vs › | $2.43B | 1.87 | 1.82 | 1.61 | 1.53 |
| Elemental Royalty Corporation Common Stock (ELE)vs › | $1.17B | 5.48 | 6.44 | 6.94 | 7.29 |
| Evolution Metals & Technologies Corp. Common Stock (EMAT)vs › | $1.14B | 0.14 | 0.01 | 0.18 | 2.33 |
| Collective Mining Ltd. (CNL)vs › | $1.13B | 3.99 | 11.19 | 7.17 | 7.54 |
| Kaiser Aluminum Corporation (KALU)vs › | $2.51B | 1.17 | 1.22 | 1.27 | 2.16 |
| Sigma Lithium Corporation (SGML)vs › | $1.08B | 0.24 | 0.42 | 1.23 | 6.72 |
Quick Ratio
31.63
Excludes inventory
Current Ratio
32.79
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 | 31.63 |
| 2026-03-31 | 35.71 |
| 2025-12-31 | 9.68 |
| 2025-09-30 | 16.51 |
| 2025-06-30 | 15.11 |
| 2025-03-31 | 3.52 |
| 2024-12-31 | 3.22 |
| 2024-09-30 | 4.60 |
| 2024-06-30 | 0.09 |
| 2024-03-31 | 0.53 |
| 2023-12-31 | 1.61 |
| 2023-09-30 | 3.61 |
| 2023-06-30 | 7.19 |
| 2023-03-31 | 0.10 |
| 2022-12-31 | 0.87 |
| 2022-09-30 | 0.76 |
| 2022-06-30 | 0.62 |
| 2022-03-31 | 0.58 |
| 2021-12-31 | 0.74 |
| 2021-09-30 | 0.74 |
| 2021-06-30 | 0.78 |
| 2021-03-31 | 1.14 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 1.76 |
| 2020-06-30 | 1.03 |
| 2020-03-31 | 1.81 |
| 2019-12-31 | 0.45 |
| 2019-09-30 | 0.42 |
| 2019-06-30 | 0.49 |
| 2019-03-31 | 0.99 |
| 2018-12-31 | 0.17 |
| 2018-09-30 | 0.31 |
| 2018-06-30 | 0.44 |
| 2018-03-31 | 0.70 |
| 2017-12-31 | 0.42 |
| 2017-09-30 | 0.26 |
| 2017-06-30 | 2.17 |
| 2017-03-31 | 1.28 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.28 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.63 |
