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 0.96 is 25% below its 5-year average of 1.28, near the low end of its 5-year range (0.93–3.40).
As of the fiscal period ended Tuesday, June 30, 2026. 1.06% below its 12-month average of 0.97.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 0.96.
QUICK RATIO (ACID-TEST)
0.96
QUICK RATIO (ACID-TEST) AVG TTM
0.97
QUICK RATIO (ACID-TEST) AVG 3Y
1.13
QUICK RATIO (ACID-TEST) AVG 5Y
1.28
QUICK RATIO (ACID-TEST) AVG 10Y
1.30
QUICK RATIO (ACID-TEST) AVG 15Y
1.56
QUICK RATIO (ACID-TEST) AVG 20Y
1.80
CURRENT VS TTM AVG
-1.06%
CURRENT VS 3Y AVG
-14.65%
CURRENT VS 5Y AVG
-25.16%
CURRENT VS 10Y AVG
-25.95%
CURRENT VS 15Y AVG
-38.33%
CURRENT VS 20Y AVG
-46.66%
SECTOR MEDIAN · TECHNOLOGY
1.71
median of 469 covered companies
CURRENT VS SECTOR MEDIAN
-43.80%
vs the sector median at left
PowerFleet, Inc.
Market Cap
$375.03M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.97
3Y Avg
1.13
5Y Avg
1.28
Market Cap
$378.94M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.18
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$358.25M
Quick Ratio (Acid-Test)
1.96
TTM Avg
2.23
3Y Avg
2.12
5Y Avg
2.16
Market Cap
$356.07M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.42
3Y Avg
1.11
5Y Avg
0.99
Market Cap
$351.49M
Quick Ratio (Acid-Test)
14.37
TTM Avg
10.88
3Y Avg
6.06
5Y Avg
4.26
Market Cap
$405.82M
Quick Ratio (Acid-Test)
-0.37
TTM Avg
1.33
3Y Avg
1.32
5Y Avg
2.44
Market Cap
$334.71M
Quick Ratio (Acid-Test)
10.06
TTM Avg
17.23
3Y Avg
22.02
5Y Avg
38.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PowerFleet, Inc. (AIOT) | $375.03M | 0.96 | 0.97 | 1.13 | 1.28 |
| Gloo Holdings, Inc. (GLOO)vs › | $378.94M | 1.21 | 1.18 | 1.11 | 1.11 |
| Cerence Inc. (CRNC)vs › | $365.57M | 2.07 | 1.53 | 1.52 | 1.51 |
| International Money Express, Inc. (IMXI)vs › | $358.25M | 1.96 | 2.23 | 2.12 | 2.16 |
| i3 Verticals, Inc. (IIIV)vs › | $356.07M | 1.21 | 1.42 | 1.11 | 0.99 |
| SEALSQ Corp (LAES)vs › | $351.49M | 14.37 | 10.88 | 6.06 | 4.26 |
| Lesaka Technologies, Inc. (LSAK)vs › | $405.82M | -0.37 | 1.33 | 1.32 | 2.44 |
| Nano Dimension Ltd. (NNDM)vs › | $334.71M | 10.06 | 17.23 | 22.02 | 38.23 |
| Allot Ltd. (ALLT)vs › | $415.36M | 2.01 | 2.32 | 2.23 | 2.24 |
| Lantronix, Inc. (LTRX)vs › | $329.11M | 2.86 | 2.27 | 1.90 | 1.71 |
Quick Ratio
0.96
Excludes inventory
Current Ratio
1.10
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 | 0.96 |
| 2026-03-31 | 0.99 |
| 2025-12-31 | 0.96 |
| 2025-09-30 | 0.93 |
| 2025-06-30 | 1.02 |
| 2025-03-31 | 1.00 |
| 2024-12-31 | 1.51 |
| 2024-09-30 | 1.51 |
| 2024-06-30 | 0.99 |
| 2024-03-31 | 3.40 |
| 2023-12-31 | 1.01 |
| 2023-09-30 | 1.28 |
| 2023-06-30 | 1.36 |
| 2023-03-31 | 1.42 |
| 2022-12-31 | 1.29 |
| 2022-09-30 | 1.28 |
| 2022-06-30 | 1.32 |
| 2022-03-31 | 1.45 |
| 2021-12-31 | 1.57 |
| 2021-09-30 | 1.84 |
| 2021-06-30 | 2.00 |
| 2021-03-31 | 2.08 |
| 2020-12-31 | 1.45 |
| 2020-09-30 | 1.43 |
| 2020-06-30 | 1.24 |
| 2020-03-31 | 1.21 |
| 2019-12-31 | 1.31 |
| 2019-09-30 | 1.07 |
| 2019-06-30 | 1.24 |
| 2019-03-31 | 1.46 |
| 2018-12-31 | 1.66 |
| 2018-09-30 | 1.76 |
| 2018-06-30 | 1.41 |
| 2018-03-31 | 1.35 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.28 |
| 2017-06-30 | 1.39 |
| 2017-03-31 | 1.38 |
| 2016-12-31 | 1.35 |
| 2016-09-30 | 1.37 |
| 2016-06-30 | 1.54 |
| 2016-03-31 | 1.53 |
| 2015-12-31 | 1.42 |
| 2015-09-30 | 1.46 |
| 2015-06-30 | 1.40 |
| 2015-03-31 | 1.38 |
| 2014-12-31 | 1.77 |
| 2014-09-30 | 1.92 |
| 2014-06-30 | 2.07 |
| 2014-03-31 | 2.27 |
| 2013-12-31 | 2.51 |
| 2013-09-30 | 2.24 |
| 2013-06-30 | 2.06 |
| 2013-03-31 | 2.24 |
| 2012-12-31 | 2.20 |
| 2012-09-30 | 1.83 |
| 2012-06-30 | 2.43 |
| 2012-03-31 | 2.90 |
| 2011-12-31 | 2.33 |
| 2011-09-30 | 2.52 |
| 2011-06-30 | 2.44 |
| 2011-03-31 | 2.48 |
| 2010-12-31 | 2.55 |
| 2010-09-30 | 3.50 |
| 2010-06-30 | 3.87 |
| 2010-03-31 | 2.58 |
| 2009-12-31 | 4.03 |
| 2009-09-30 | 4.22 |
| 2009-06-30 | 2.41 |
| 2009-03-31 | 2.23 |
| 2008-12-31 | 11.63 |
| 2008-09-30 | 8.88 |
| 2008-06-30 | 11.35 |
| 2008-03-31 | 26.11 |
| 2007-12-31 | 10.46 |
| 2007-09-30 | 36.62 |
| 2007-06-30 | 34.70 |
| 2007-03-31 | 33.73 |
| 2006-12-31 | 22.69 |
| 2006-09-30 | 24.65 |
| 2006-06-30 | 22.24 |
| 2006-03-31 | 17.03 |
| 2005-12-31 | 3.57 |
| 2005-09-30 | 4.58 |
| 2005-06-30 | 5.25 |
| 2005-03-31 | 4.76 |
| 2004-12-31 | 4.87 |
| 2004-09-30 | 8.91 |
| 2004-06-30 | 5.43 |
| 2004-03-31 | 6.16 |
| 2003-12-31 | 6.11 |
| 2003-09-30 | 5.79 |
| 2003-06-30 | 5.24 |
| 2003-03-31 | 8.54 |
| 2002-12-31 | 5.65 |
| 2002-09-30 | 6.90 |