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 1.10 is in line with its 5-year average of 1.03, near the low end of its 5-year range (0.88–1.81).
As of the fiscal period ended Tuesday, June 30, 2026. 4.68% above its 12-month average of 1.05.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.10.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
1.05
QUICK RATIO (ACID-TEST) AVG 3Y
1.02
QUICK RATIO (ACID-TEST) AVG 5Y
1.03
QUICK RATIO (ACID-TEST) AVG 10Y
1.10
QUICK RATIO (ACID-TEST) AVG 15Y
1.14
QUICK RATIO (ACID-TEST) AVG 20Y
1.15
CURRENT VS TTM AVG
+4.68%
CURRENT VS 3Y AVG
+8.04%
CURRENT VS 5Y AVG
+6.90%
CURRENT VS 10Y AVG
-0.45%
CURRENT VS 15Y AVG
-4.00%
CURRENT VS 20Y AVG
-4.34%
SECTOR MEDIAN · INDUSTRIALS
1.32
median of 341 covered companies
CURRENT VS SECTOR MEDIAN
-16.84%
vs the sector median at left
Astec Industries, Inc.
Market Cap
$968.24M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.05
3Y Avg
1.02
5Y Avg
1.03
Market Cap
$970.23M
Quick Ratio (Acid-Test)
11.89
TTM Avg
8.39
3Y Avg
6.62
5Y Avg
6.04
Market Cap
$944.45M
Quick Ratio (Acid-Test)
2.68
TTM Avg
3.35
3Y Avg
2.24
5Y Avg
3.78
Market Cap
$923.00M
Quick Ratio (Acid-Test)
1.98
TTM Avg
3.50
3Y Avg
8.07
5Y Avg
8.68
Market Cap
$892.29M
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.24
5Y Avg
1.82
Market Cap
$1.07B
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.24
3Y Avg
0.85
5Y Avg
0.68
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Astec Industries, Inc. (ASTE) | $968.24M | 1.10 | 1.05 | 1.02 | 1.03 |
| Red Cat Holdings, Inc. (RCAT)vs › | $970.23M | 11.89 | 8.39 | 6.62 | 6.04 |
| Eos Energy Enterprises, Inc. (EOSE)vs › | $944.45M | 2.68 | 3.35 | 2.24 | 3.78 |
| Kforce Inc. (KFRC)vs › | $931.81M | 1.93 | 1.89 | 2.06 | 2.28 |
| Cryoport, Inc. (CYRX)vs › | $923.00M | 1.98 | 3.50 | 8.07 | 8.68 |
| Upwork Inc. (UPWK)vs › | $1.03B | 1.42 | 2.42 | 2.91 | 2.90 |
| ITG Inc. (ITG)vs › | $893.31M | 2.80 | 2.57 | 2.57 | 2.57 |
| Heartland Express, Inc. (HTLD)vs › | $892.29M | 1.58 | 1.06 | 1.24 | 1.82 |
| Power Solutions International, Inc. (PSIX)vs › | $1.07B | 1.49 | 1.24 | 0.85 | 0.68 |
| Kornit Digital Ltd. (KRNT)vs › | $863.09M | 7.97 | 12.79 | 10.54 | 9.04 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
2.52
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 | 1.10 |
| 2026-03-31 | 1.00 |
| 2025-12-31 | 1.07 |
| 2025-09-30 | 0.99 |
| 2025-06-30 | 1.08 |
| 2025-03-31 | 1.09 |
| 2024-12-31 | 1.10 |
| 2024-09-30 | 0.91 |
| 2024-06-30 | 1.04 |
| 2024-03-31 | 0.95 |
| 2023-12-31 | 0.88 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 0.93 |
| 2023-03-31 | 0.96 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 1.06 |
| 2022-03-31 | 1.26 |
| 2021-12-31 | 1.51 |
| 2021-09-30 | 1.71 |
| 2021-06-30 | 1.81 |
| 2021-03-31 | 1.88 |
| 2020-12-31 | 1.86 |
| 2020-09-30 | 1.68 |
| 2020-06-30 | 1.86 |
| 2020-03-31 | 1.42 |
| 2019-12-31 | 1.23 |
| 2019-09-30 | 1.00 |
| 2019-06-30 | 1.13 |
| 2019-03-31 | 1.10 |
| 2018-12-31 | 1.08 |
| 2018-09-30 | 0.94 |
| 2018-06-30 | 1.02 |
| 2018-03-31 | 1.19 |
| 2017-12-31 | 1.18 |
| 2017-09-30 | 1.19 |
| 2017-06-30 | 1.31 |
| 2017-03-31 | 1.27 |
| 2016-12-31 | 1.28 |
| 2016-09-30 | 1.00 |
| 2016-06-30 | 1.27 |
| 2016-03-31 | 1.15 |
| 2015-12-31 | 1.13 |
| 2015-09-30 | 1.24 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 1.08 |
| 2014-12-31 | 1.03 |
| 2014-09-30 | 1.07 |
| 2014-06-30 | 1.08 |
| 2014-03-31 | 1.20 |
| 2013-12-31 | 1.35 |
| 2013-09-30 | 1.27 |
| 2013-06-30 | 1.38 |
| 2013-03-31 | 1.27 |
| 2012-12-31 | 1.32 |
| 2012-09-30 | 1.12 |
| 2012-06-30 | 1.19 |
| 2012-03-31 | 1.19 |
| 2011-12-31 | 1.21 |
| 2011-09-30 | 1.32 |
| 2011-06-30 | 1.42 |
| 2011-03-31 | 1.39 |
| 2010-12-31 | 1.49 |
| 2010-09-30 | 1.56 |
| 2010-06-30 | 1.67 |
| 2010-03-31 | 1.40 |
| 2009-12-31 | 1.28 |
| 2009-09-30 | 1.10 |
| 2009-06-30 | 1.04 |
| 2009-03-31 | 0.85 |
| 2008-12-31 | 0.76 |
| 2008-09-30 | 0.98 |
| 2008-06-30 | 1.04 |
| 2008-03-31 | 1.01 |
| 2007-12-31 | 0.96 |
| 2007-09-30 | 1.05 |
| 2007-06-30 | 1.39 |
| 2007-03-31 | 1.24 |
| 2006-12-31 | 1.19 |
| 2006-09-30 | 1.17 |
| 2006-06-30 | 1.13 |
| 2006-03-31 | 1.04 |
| 2005-12-31 | 1.03 |
| 2005-09-30 | 1.01 |
| 2005-06-30 | 0.97 |
| 2005-03-31 | 0.82 |
| 2004-12-31 | 0.78 |
| 2004-09-30 | 0.80 |
| 2004-06-30 | 0.96 |
| 2004-03-31 | 0.77 |
| 2003-12-31 | 0.72 |
| 2003-09-30 | 1.27 |
| 2003-06-30 | 1.12 |
| 2003-03-31 | 1.66 |
| 2002-12-31 | 1.69 |
| 2002-09-30 | 1.28 |