Wheaton Precious Metals Corp. (WPM) Quick Ratio (Acid-Test): 7.78
Is Wheaton Precious Metals Corp.’s quick ratio (acid-test) high or low?
Wheaton Precious Metals Corp.'s quick ratio (acid-test) of 7.78 is 51% below its 5-year average of 15.88, near the low end of its 5-year range (6.48–28.07).
As of Saturday, June 20, 2026. 56.60% below its 12-month average of 17.93.
WPM Quick Ratio (Acid-Test) Chart
WPM Average Quick Ratio (Acid-Test) Chart
WPM Current vs Average Quick Ratio (Acid-Test) Chart
WPM Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
7.78
QUICK RATIO (ACID-TEST) AVG TTM
17.93
QUICK RATIO (ACID-TEST) AVG 3Y
20.16
QUICK RATIO (ACID-TEST) AVG 5Y
15.88
QUICK RATIO (ACID-TEST) AVG 10Y
11.28
QUICK RATIO (ACID-TEST) AVG 15Y
10.83
QUICK RATIO (ACID-TEST) AVG 20Y
8.90
CURRENT VS TTM AVG
-56.60%
CURRENT VS 3Y AVG
-61.42%
CURRENT VS 5Y AVG
-51.00%
CURRENT VS 10Y AVG
-31.02%
CURRENT VS 15Y AVG
-28.15%
CURRENT VS 20Y AVG
-12.63%
WPM Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Wheaton Precious Metals Corp. (WPM) | $55.66B | 7.78 | 17.93 | 20.16 | 15.88 |
| Nucor Corporation (NUE)vs › | $55.53B | 1.57 | 1.52 | 1.88 | 1.85 |
| Corteva, Inc. (CTVA)vs › | $52.54B | 0.96 | 0.95 | 0.93 | 0.99 |
| Air Products and Chemicals, Inc. (APD)vs › | $62.40B | 1.20 | 1.27 | 1.34 | 1.94 |
| Barrick Mining Corporation (B)vs › | $67.59B | 2.33 | 2.24 | 2.25 | 2.25 |
| Vulcan Materials Company (VMC)vs › | $39.30B | 1.97 | 1.63 | 1.75 | 1.71 |
| Martin Marietta Materials, Inc. (MLM)vs › | $36.58B | 2.36 | 1.88 | 1.91 | 1.88 |
| Steel Dynamics, Inc. (STLD)vs › | $36.04B | 1.29 | 1.19 | 1.57 | 1.62 |
| Ecolab Inc. (ECL)vs › | $75.74B | 0.81 | 0.88 | 0.90 | 0.97 |
| The Sherwin-Williams Company (SHW)vs › | $79.12B | 0.53 | 0.49 | 0.51 | 0.53 |
Liquidity Comparison
Quick Ratio
7.78
Excludes inventory
Current Ratio
7.78
Includes inventory
Wheaton Precious Metals Corp. Quick Ratio (Acid-Test) Formula & Definition
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
Wheaton Precious Metals Corp. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The quick ratio (acid-test) for WPM stock is 7.78.
- Is Wheaton Precious Metals Corp.'s quick ratio (acid-test) high or low?
- Wheaton Precious Metals Corp.'s quick ratio (acid-test) of 7.78 is 51% below its 5-year average of 15.88, near the low end of its 5-year range (6.48–28.07).
- What is the TTM average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The TTM average quick ratio (acid-test) for WPM stock is 17.93.
- What is the 3Y average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The 3Y average quick ratio (acid-test) for WPM stock is 20.16.
- What is the 5Y average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The 5Y average quick ratio (acid-test) for WPM stock is 15.88.
- What is the 10Y average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The 10Y average quick ratio (acid-test) for WPM stock is 11.28.
- What is the 15Y average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The 15Y average quick ratio (acid-test) for WPM stock is 10.83.
- What is the 20Y average quick ratio (acid-test) for Wheaton Precious Metals Corp. (WPM)?
- The 20Y average quick ratio (acid-test) for WPM stock is 8.90.
Wheaton Precious Metals Corp. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 7.78 |
| 2024-12-31 | 28.07 |
| 2023-12-31 | 21.71 |
| 2022-12-31 | 23.10 |
| 2021-12-31 | 8.12 |
| 2020-12-31 | 6.48 |
| 2019-12-31 | 2.39 |
| 2018-12-31 | 2.76 |
| 2017-12-31 | 8.52 |
| 2016-12-31 | 6.72 |
| 2015-12-31 | 8.42 |
| 2014-12-31 | 20.93 |
| 2013-12-31 | 4.79 |
| 2012-12-31 | 15.88 |
| 2011-12-31 | 5.04 |
| 2010-12-31 | 2.54 |
| 2009-12-31 | 1.38 |
| 2008-12-31 | 0.26 |
| 2007-12-31 | 0.33 |
| 2006-12-31 | 2.87 |
| 2005-12-31 | 61.33 |
| 2004-12-31 | 7.90 |
| 2002-08-31 | 4.83 |
| 2001-08-31 | 3.99 |
| 2000-08-31 | 2.64 |
| 1999-08-31 | 5.00 |
| 1998-08-31 | 5.00 |
Related Metrics
About Wheaton Precious Metals Corp.
Wheaton Precious Metals Corp. functions as a streaming enterprise, primarily engaged in the global distribution of valuable metals. Its offerings encompass deposits of gold, silver, palladium, and cobalt. The company maintains a substantial portfolio, holding stakes in 23 operational mines and an additional 13 development ventures. Founded in 2004, the firm's headquarters are located in Vancouver, Canada. It operated under the name Silver Wheaton Corp. until May 2017, when it rebranded to its current title.
- Sector
- Basic Materials
- Industry
- Gold
- CEO
- Haytham Henry Hodaly