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 0.61 is 33% below its 5-year average of 0.91, near the low end of its 5-year range (0.57–1.73).
As of the fiscal period ended Tuesday, June 30, 2026. 26.67% below its 12-month average of 0.84.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 0.61.
QUICK RATIO (ACID-TEST)
0.61
QUICK RATIO (ACID-TEST) AVG TTM
0.84
QUICK RATIO (ACID-TEST) AVG 3Y
0.90
QUICK RATIO (ACID-TEST) AVG 5Y
0.91
QUICK RATIO (ACID-TEST) AVG 10Y
1.03
QUICK RATIO (ACID-TEST) AVG 15Y
1.47
QUICK RATIO (ACID-TEST) AVG 20Y
1.61
CURRENT VS TTM AVG
-26.67%
CURRENT VS 3Y AVG
-31.70%
CURRENT VS 5Y AVG
-32.59%
CURRENT VS 10Y AVG
-40.08%
CURRENT VS 15Y AVG
-58.22%
CURRENT VS 20Y AVG
-61.85%
SECTOR MEDIAN · INDUSTRIALS
1.29
median of 314 covered companies
CURRENT VS SECTOR MEDIAN
-52.15%
vs the sector median at left
Market Cap
$79.03M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.46
3Y Avg
1.67
5Y Avg
3.63
Market Cap
$76.47M
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.28
3Y Avg
1.28
5Y Avg
1.28
Market Cap
$80.87M
Quick Ratio (Acid-Test)
71.20
TTM Avg
12.55
3Y Avg
8.56
5Y Avg
8.56
Market Cap
$82.38M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.91
3Y Avg
2.42
5Y Avg
2.99
Market Cap
$72.95M
Quick Ratio (Acid-Test)
2.68
TTM Avg
2.02
3Y Avg
3.94
5Y Avg
3.57
Market Cap
$85.80M
Quick Ratio (Acid-Test)
5.67
TTM Avg
5.36
3Y Avg
5.36
5Y Avg
5.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Air T, Inc. (AIRTP) | $78.48M | 0.61 | 0.84 | 0.90 | 0.91 |
| Blink Charging Co. (BLNK)vs › | $79.03M | 0.98 | 1.46 | 1.67 | 3.63 |
| Concorde International Group Ltd. (CIGL)vs › | $76.47M | 1.28 | 1.28 | 1.28 | 1.28 |
| Elite Express Holding Inc. (ETS)vs › | $80.87M | 71.20 | 12.55 | 8.56 | 8.56 |
| Air T, Inc. (AIRT)vs › | $81.32M | 0.61 | 0.85 | 0.83 | 1.04 |
| Byrna Technologies Inc. (BYRN)vs › | $82.38M | 1.86 | 1.91 | 2.42 | 2.99 |
| Globus Maritime Limited (GLBS)vs › | $72.95M | 2.68 | 2.02 | 3.94 | 3.57 |
| Hadron Energy, Inc. (HDRN)vs › | $85.80M | 5.67 | 5.36 | 5.36 | 5.36 |
| Arq, Inc. (ARQ)vs › | $86.71M | 0.61 | 0.70 | 2.00 | 2.27 |
| Broadwind, Inc. (BWEN)vs › | $97.36M | 1.73 | 0.66 | 0.60 | 0.56 |
Quick Ratio
0.61
Excludes inventory
Current Ratio
1.43
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 | 0.61 |
| 2026-03-31 | 0.87 |
| 2025-12-31 | 0.57 |
| 2025-09-30 | 1.06 |
| 2025-06-30 | 1.08 |
| 2025-03-31 | 0.84 |
| 2024-12-31 | 1.09 |
| 2024-09-30 | 1.14 |
| 2024-06-30 | 0.92 |
| 2024-03-31 | 0.90 |
| 2023-12-31 | 0.79 |
| 2023-09-30 | 0.86 |
| 2023-06-30 | 0.97 |
| 2023-03-31 | 0.71 |
| 2022-12-31 | 0.66 |
| 2022-09-30 | 0.81 |
| 2022-06-30 | 1.73 |
| 2022-03-31 | 1.72 |
| 2021-12-31 | 1.43 |
| 2021-09-30 | 1.64 |
| 2021-06-30 | 1.11 |
| 2021-03-31 | 1.20 |
| 2020-12-31 | 1.26 |
| 2020-09-30 | 0.50 |
| 2020-06-30 | 0.66 |
| 2020-03-31 | 0.56 |
| 2019-12-31 | 0.64 |
| 2019-09-30 | 1.05 |
| 2019-06-30 | 0.87 |
| 2019-03-31 | 0.78 |
| 2018-12-31 | 0.57 |
| 2018-09-30 | 0.80 |
| 2018-06-30 | 0.93 |
| 2018-03-31 | 0.88 |
| 2017-12-31 | 1.51 |
| 2017-09-30 | 1.26 |
| 2017-06-30 | 1.30 |
| 2017-03-31 | 1.43 |
| 2016-12-31 | 1.48 |
| 2016-09-30 | 1.60 |
| 2016-06-30 | 1.27 |
| 2016-03-31 | 1.70 |
| 2015-12-31 | 2.18 |
| 2015-09-30 | 2.16 |
| 2015-06-30 | 2.50 |
| 2015-03-31 | 3.75 |
| 2014-12-31 | 2.78 |
| 2014-09-30 | 2.93 |
| 2014-06-30 | 1.92 |
| 2014-03-31 | 2.10 |
| 2013-12-31 | 2.02 |
| 2013-09-30 | 1.99 |
| 2013-06-30 | 2.09 |
| 2013-03-31 | 2.84 |
| 2012-12-31 | 2.27 |
| 2012-09-30 | 2.63 |
| 2012-06-30 | 2.43 |
| 2012-03-31 | 2.09 |
| 2011-12-31 | 2.52 |
| 2011-09-30 | 2.20 |
| 2011-06-30 | 2.61 |
| 2011-03-31 | 2.40 |
| 2010-12-31 | 2.03 |
| 2010-09-30 | 2.85 |
| 2010-06-30 | 3.29 |
| 2010-03-31 | 4.14 |
| 2009-12-31 | 2.96 |
| 2009-09-30 | 2.74 |
| 2009-06-30 | 2.17 |
| 2009-03-31 | 2.04 |
| 2008-12-31 | 1.92 |
| 2008-09-30 | 1.50 |
| 2008-06-30 | 1.52 |
| 2008-03-31 | 1.86 |
| 2007-12-31 | 1.81 |
| 2007-09-30 | 1.86 |
| 2007-06-30 | 1.59 |
| 2007-03-31 | 1.59 |
| 2006-12-31 | 1.81 |
| 2006-09-30 | 1.48 |
| 2006-06-30 | 1.76 |
| 2006-03-31 | 1.68 |
| 2005-12-31 | 1.95 |
| 2005-09-30 | 1.52 |
| 2005-06-30 | 1.50 |
| 2005-03-31 | 1.52 |
| 2004-12-31 | 1.69 |
| 2004-09-30 | 1.57 |
| 2004-06-30 | 1.45 |
| 2004-03-31 | 1.31 |
| 2003-12-31 | 1.01 |
| 2003-09-30 | 1.28 |
| 2003-06-30 | 1.81 |
| 2003-03-31 | 1.46 |
| 2002-12-31 | 1.57 |
| 2002-09-30 | 1.40 |