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 4.88 is 45% above its 5-year average of 3.36, near the high end of its 5-year range (1.70–5.29).
As of the fiscal period ended Tuesday, March 31, 2026. 29.00% above its 12-month average of 3.78.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 4.88.
QUICK RATIO (ACID-TEST)
4.88
QUICK RATIO (ACID-TEST) AVG TTM
3.78
QUICK RATIO (ACID-TEST) AVG 3Y
2.73
QUICK RATIO (ACID-TEST) AVG 5Y
3.36
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+29.00%
CURRENT VS 3Y AVG
+79.03%
CURRENT VS 5Y AVG
+45.39%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 636 covered companies
CURRENT VS SECTOR MEDIAN
+182.06%
vs the sector median at left
Arqit Quantum Inc.
Market Cap
$407.74M
Quick Ratio (Acid-Test)
4.88
TTM Avg
3.78
3Y Avg
2.73
5Y Avg
3.36
Market Cap
$400.67M
Quick Ratio (Acid-Test)
-0.37
TTM Avg
1.33
3Y Avg
1.32
5Y Avg
2.44
Market Cap
$416.43M
Quick Ratio (Acid-Test)
3.84
TTM Avg
4.80
3Y Avg
4.69
5Y Avg
3.98
Market Cap
$395.55M
Quick Ratio (Acid-Test)
5.14
TTM Avg
0.66
3Y Avg
0.72
5Y Avg
1.23
Market Cap
$428.38M
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.94
3Y Avg
1.92
5Y Avg
2.46
Market Cap
$383.69M
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.82
3Y Avg
0.83
5Y Avg
0.82
Market Cap
$374.16M
Quick Ratio (Acid-Test)
5.54
TTM Avg
5.46
3Y Avg
10.13
5Y Avg
12.63
Market Cap
$450.15M
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.77
3Y Avg
0.65
5Y Avg
0.65
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arqit Quantum Inc. (ARQQ) | $407.74M | 4.88 | 3.78 | 2.73 | 3.36 |
| Allot Ltd. (ALLT)vs › | $408.02M | 2.01 | 2.32 | 2.23 | 2.24 |
| Lesaka Technologies, Inc. (LSAK)vs › | $400.67M | -0.37 | 1.33 | 1.32 | 2.44 |
| Everspin Technologies, Inc. (MRAM)vs › | $416.43M | 3.84 | 4.80 | 4.69 | 3.98 |
| Syntec Optics Holdings, Inc. (OPTX)vs › | $395.55M | 5.14 | 0.66 | 0.72 | 1.23 |
| Verra Mobility Corporation (VRRM)vs › | $428.38M | 1.96 | 1.94 | 1.92 | 2.46 |
| Rimini Street, Inc. (RMNI)vs › | $383.69M | 0.84 | 0.82 | 0.83 | 0.82 |
| Simulations Plus, Inc. (SLP)vs › | $374.16M | 5.54 | 5.46 | 10.13 | 12.63 |
| OBOOK Holdings Inc. (OWLS)vs › | $450.15M | 0.55 | 0.77 | 0.65 | 0.65 |
| Gloo Holdings, Inc. (GLOO)vs › | $365.21M | 1.21 | 1.18 | 1.11 | 1.11 |
Quick Ratio
4.88
Excludes inventory
Current Ratio
4.88
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) |
|---|---|
| 2026-03-31 | 4.88 |
| 2025-09-30 | 2.69 |
| 2025-03-30 | 2.45 |
| 2024-09-30 | 1.94 |
| 2024-03-31 | 1.70 |
| 2023-09-30 | 3.22 |
| 2023-03-31 | 2.20 |
| 2022-09-30 | 2.38 |
| 2022-03-31 | 4.88 |
| 2021-09-30 | 5.29 |
| 2021-03-31 | 5.29 |
| 2020-09-30 | 0.06 |
| 2020-03-31 | 0.06 |
| 2019-09-30 | 1.35 |
| 2019-03-31 | 1.35 |
