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 2.16 is 73% above its 5-year average of 1.25, around the middle of its 5-year range (0.13–5.43).
As of the fiscal period ended Tuesday, June 30, 2026. 9.10% above its 12-month average of 1.98.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.16.
QUICK RATIO (ACID-TEST)
2.16
QUICK RATIO (ACID-TEST) AVG TTM
1.98
QUICK RATIO (ACID-TEST) AVG 3Y
0.65
QUICK RATIO (ACID-TEST) AVG 5Y
1.25
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
+9.10%
CURRENT VS 3Y AVG
+230.11%
CURRENT VS 5Y AVG
+72.75%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.31
median of 366 covered companies
CURRENT VS SECTOR MEDIAN
+64.64%
vs the sector median at left
Avax One Technology Ltd
Market Cap
$50.75M
Quick Ratio (Acid-Test)
2.16
TTM Avg
1.98
3Y Avg
0.65
5Y Avg
1.25
Market Cap
$51.58M
Quick Ratio (Acid-Test)
5.03
TTM Avg
5.01
3Y Avg
6.03
5Y Avg
6.78
Market Cap
$48.68M
Quick Ratio (Acid-Test)
10.15
TTM Avg
7.43
3Y Avg
1702.61
5Y Avg
1135.98
Market Cap
$53.79M
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.46
3Y Avg
1.61
5Y Avg
1.69
Market Cap
$46.01M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.71
3Y Avg
0.71
5Y Avg
0.71
Market Cap
$42.21M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.30
3Y Avg
0.33
5Y Avg
0.33
Market Cap
$41.78M
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.72
3Y Avg
0.99
5Y Avg
1.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avax One Technology Ltd (AVX) | $50.75M | 2.16 | 1.98 | 0.65 | 1.25 |
| Fuel Tech, Inc. (FTEK)vs › | $51.58M | 5.03 | 5.01 | 6.03 | 6.78 |
| Mobilicom Ltd (MOB)vs › | $48.68M | 10.15 | 7.43 | 1702.61 | 1135.98 |
| Culp, Inc. (CULP)vs › | $47.49M | 0.84 | 0.75 | 0.81 | 0.97 |
| New Century Logistics (BVI) Limited (NCEW)vs › | $53.79M | 1.56 | 1.46 | 1.61 | 1.69 |
| Circle8 Group, Inc. (CIRC)vs › | $46.01M | 0.39 | 0.71 | 0.71 | 0.71 |
| First Breach Inc. (FBDT)vs › | $45.16M | N/A | N/A | N/A | N/A |
| Energys Group Limited (ENGS)vs › | $42.21M | 0.39 | 0.30 | 0.33 | 0.33 |
| Aeries Technology, Inc (AERT)vs › | $41.78M | 0.85 | 0.72 | 0.99 | 1.15 |
| DLH Holdings Corp. (DLHC)vs › | $59.71M | 0.67 | 0.99 | 1.02 | 0.96 |
Quick Ratio
2.16
Excludes inventory
Current Ratio
2.16
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 | 2.16 |
| 2026-03-31 | 2.72 |
| 2025-12-31 | 4.19 |
| 2025-09-30 | 0.69 |
| 2025-06-30 | 0.13 |
| 2025-03-31 | 0.33 |
| 2024-12-31 | 0.29 |
| 2024-09-30 | 0.60 |
| 2024-06-30 | 1.20 |
| 2024-03-31 | 0.72 |
| 2023-12-31 | 0.69 |
| 2023-09-30 | 0.16 |
| 2023-06-30 | 0.21 |
| 2023-03-31 | 0.61 |
| 2022-12-31 | 0.54 |
| 2022-09-30 | 1.37 |
| 2022-06-30 | 2.00 |
| 2022-03-31 | 2.77 |
| 2021-12-31 | 3.44 |
| 2021-09-30 | 5.43 |
| 2021-06-30 | 0.13 |
| 2021-03-31 | 0.39 |
| 2020-12-31 | 0.37 |
| 2020-09-30 | 0.32 |
| 2020-06-30 | 0.81 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 1.68 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.65 |
| 2018-03-31 | 0.00 |
