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 43% above its 5-year average of 0.43, near the high end of its 5-year range (0.29–0.61).
As of the fiscal period ended Sunday, May 31, 2026. 12.80% above its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-05-31): 0.61.
QUICK RATIO (ACID-TEST)
0.61
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.46
QUICK RATIO (ACID-TEST) AVG 5Y
0.43
QUICK RATIO (ACID-TEST) AVG 10Y
0.44
QUICK RATIO (ACID-TEST) AVG 15Y
0.52
QUICK RATIO (ACID-TEST) AVG 20Y
0.58
CURRENT VS TTM AVG
+12.80%
CURRENT VS 3Y AVG
+32.73%
CURRENT VS 5Y AVG
+42.56%
CURRENT VS 10Y AVG
+40.14%
CURRENT VS 15Y AVG
+17.94%
CURRENT VS 20Y AVG
+4.96%
SECTOR MEDIAN · INDUSTRIALS
1.29
median of 335 covered companies
CURRENT VS SECTOR MEDIAN
-52.55%
vs the sector median at left
Art's-Way Manufacturing Co., Inc.
Market Cap
$17.16M
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.54
3Y Avg
0.46
5Y Avg
0.43
Market Cap
$15.97M
Quick Ratio (Acid-Test)
2.71
TTM Avg
1.40
3Y Avg
1.40
5Y Avg
1.40
Market Cap
$18.43M
Quick Ratio (Acid-Test)
1.46
TTM Avg
1.43
3Y Avg
1.20
5Y Avg
1.14
Market Cap
$15.75M
Quick Ratio (Acid-Test)
0.90
TTM Avg
1.94
3Y Avg
1.80
5Y Avg
1.56
Market Cap
$19.03M
Quick Ratio (Acid-Test)
4.64
TTM Avg
5.17
3Y Avg
5.49
5Y Avg
4.11
Market Cap
$14.40M
Quick Ratio (Acid-Test)
0.98
TTM Avg
2.63
3Y Avg
1.71
5Y Avg
1.87
Market Cap
$20.81M
Quick Ratio (Acid-Test)
4.78
TTM Avg
5.81
3Y Avg
5.75
5Y Avg
7.11
Market Cap
$13.48M
Quick Ratio (Acid-Test)
5.23
TTM Avg
6.50
3Y Avg
10.45
5Y Avg
12.80
Market Cap
$21.05M
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.33
3Y Avg
1.31
5Y Avg
1.29
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Art's-Way Manufacturing Co., Inc. (ARTW) | $17.16M | 0.61 | 0.54 | 0.46 | 0.43 |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.97M | 2.71 | 1.40 | 1.40 | 1.40 |
| High-Trend International Group (HTCO)vs › | $18.43M | 1.46 | 1.43 | 1.20 | 1.14 |
| Greenpro Capital Corp. (GRNQ)vs › | $15.75M | 0.90 | 1.94 | 1.80 | 1.56 |
| Castor Maritime Inc. (CTRM)vs › | $19.03M | 4.64 | 5.17 | 5.49 | 4.11 |
| Knightscope, Inc. (KSCP)vs › | $14.40M | 0.98 | 2.63 | 1.71 | 1.87 |
| ClearSign Technologies Corporation (CLIR)vs › | $20.81M | 4.78 | 5.81 | 5.75 | 7.11 |
| Astrotech Corporation (ASTC)vs › | $13.48M | 5.23 | 6.50 | 10.45 | 12.80 |
| Greenland Technologies Holding Corporation (GTEC)vs › | $21.05M | 1.59 | 1.33 | 1.31 | 1.29 |
| Performance Shipping Inc. (PSHG)vs › | $21.13M | N/A | 3.72 | 3.61 | 2.98 |
Quick Ratio
0.61
Excludes inventory
Current Ratio
2.17
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) |
|---|---|
| 2026-05-31 | 0.61 |
| 2026-02-28 | 0.58 |
| 2025-11-30 | 0.48 |
| 2025-08-31 | 0.53 |
| 2025-05-31 | 0.51 |
| 2025-02-28 | 0.33 |
| 2024-11-30 | 0.42 |
| 2024-08-31 | 0.37 |
| 2024-05-31 | 0.36 |
| 2024-02-29 | 0.38 |
| 2023-11-30 | 0.43 |
| 2023-08-31 | 0.54 |
| 2023-05-31 | 0.45 |
| 2023-02-28 | 0.40 |
| 2022-11-30 | 0.38 |
| 2022-08-31 | 0.43 |
| 2022-05-31 | 0.38 |
| 2022-02-28 | 0.29 |
| 2021-11-30 | 0.39 |
| 2021-08-31 | 0.39 |
| 2021-05-31 | 0.37 |
| 2021-02-28 | 0.36 |
| 2020-11-30 | 0.41 |
| 2020-08-31 | 0.41 |
| 2020-05-31 | 0.43 |
| 2020-02-29 | 0.49 |
| 2019-11-30 | 0.51 |
| 2019-08-31 | 0.45 |
| 2019-05-31 | 0.46 |
| 2019-02-28 | 0.42 |
| 2018-11-30 | 0.33 |
| 2018-08-31 | 0.49 |
| 2018-05-31 | 0.55 |
| 2018-02-28 | 0.53 |
| 2017-11-30 | 0.49 |
| 2017-08-31 | 0.34 |
| 2017-05-31 | 0.30 |
| 2017-02-28 | 0.35 |
| 2016-11-30 | 0.58 |
| 2016-08-31 | 0.72 |
| 2016-05-31 | 0.58 |
| 2016-02-29 | 0.77 |
| 2015-11-30 | 0.58 |
| 2015-08-31 | 0.56 |
| 2015-05-31 | 0.68 |
| 2015-02-28 | 0.66 |
| 2014-11-30 | 0.77 |
| 2014-08-31 | 0.82 |
| 2014-05-31 | 0.66 |
| 2014-02-28 | 0.52 |
| 2013-11-30 | 0.66 |
| 2013-08-31 | 1.24 |
| 2013-05-31 | 1.11 |
| 2013-02-28 | 1.12 |
| 2012-11-30 | 0.97 |
| 2012-08-31 | 1.07 |
| 2012-05-31 | 0.89 |
| 2012-02-29 | 0.69 |
| 2011-11-30 | 0.75 |
| 2011-08-31 | 0.81 |
| 2011-05-31 | 0.59 |
| 2011-02-28 | 0.52 |
| 2010-11-30 | 0.67 |
| 2010-08-31 | 0.74 |
| 2010-05-31 | 0.67 |
| 2010-02-28 | 0.76 |
| 2009-11-30 | 0.99 |
| 2009-08-31 | 0.58 |
| 2009-05-31 | 0.60 |
| 2009-02-28 | 0.54 |
| 2008-11-30 | 0.53 |
| 2008-08-31 | 0.68 |
| 2008-05-31 | 0.69 |
| 2008-02-29 | 1.06 |
| 2007-11-30 | 1.45 |
| 2007-08-31 | 1.67 |
| 2007-05-31 | 1.32 |
| 2007-02-28 | 1.41 |
| 2006-11-30 | 1.92 |
| 2006-08-31 | 1.73 |
| 2006-05-31 | 1.39 |
| 2006-02-28 | 1.33 |
| 2005-11-30 | 1.43 |
| 2005-08-31 | 2.07 |
| 2005-05-31 | 1.09 |
| 2005-02-28 | 1.10 |
| 2004-11-30 | 0.66 |
| 2004-08-31 | 0.48 |
| 2004-05-31 | 0.65 |
| 2004-02-29 | 1.23 |
| 2003-11-30 | 2.08 |
| 2003-08-31 | 1.23 |
| 2003-05-31 | 1.07 |
| 2003-02-28 | 0.60 |
| 2002-11-30 | 0.37 |
| 2002-08-31 | 0.38 |
