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 0.07 is 43% below its 5-year average of 0.13, near the low end of its 5-year range (0.06–0.17).
As of the fiscal period ended Tuesday, June 30, 2026. 22.35% below its 12-month average of 0.09.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 0.07.
QUICK RATIO (ACID-TEST)
0.07
QUICK RATIO (ACID-TEST) AVG TTM
0.09
QUICK RATIO (ACID-TEST) AVG 3Y
0.12
QUICK RATIO (ACID-TEST) AVG 5Y
0.13
QUICK RATIO (ACID-TEST) AVG 10Y
0.13
QUICK RATIO (ACID-TEST) AVG 15Y
0.12
QUICK RATIO (ACID-TEST) AVG 20Y
0.09
CURRENT VS TTM AVG
-22.35%
CURRENT VS 3Y AVG
-39.16%
CURRENT VS 5Y AVG
-42.64%
CURRENT VS 10Y AVG
-42.25%
CURRENT VS 15Y AVG
-40.83%
CURRENT VS 20Y AVG
-22.52%
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-93.19%
vs the sector median at left
Axos Financial, Inc.
Market Cap
$5.04B
Quick Ratio (Acid-Test)
0.07
TTM Avg
0.09
3Y Avg
0.12
5Y Avg
0.13
Market Cap
$5.09B
Quick Ratio (Acid-Test)
0.94
TTM Avg
226.86
3Y Avg
114.79
5Y Avg
77.09
Market Cap
$5.76B
Quick Ratio (Acid-Test)
1.76
TTM Avg
3.13
3Y Avg
2.83
5Y Avg
3.07
Market Cap
$6.40B
Quick Ratio (Acid-Test)
0.39
TTM Avg
1.53
3Y Avg
1.40
5Y Avg
1.56
Market Cap
$3.22B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.36B
Quick Ratio (Acid-Test)
3.24
TTM Avg
1.51
3Y Avg
3.39
5Y Avg
3.32
Market Cap
$7.76B
Quick Ratio (Acid-Test)
0.41
TTM Avg
1.07
3Y Avg
1.20
5Y Avg
1.22
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axos Financial, Inc. (AX) | $5.04B | 0.07 | 0.09 | 0.12 | 0.13 |
| Main Street Capital Corporation (MAIN)vs › | $5.09B | 0.94 | 226.86 | 114.79 | 77.09 |
| RLI Corp. (RLI)vs › | $5.15B | 0.48 | 0.90 | 1.01 | 1.04 |
| MarketAxess Holdings Inc. (MKTX)vs › | $5.76B | 1.76 | 3.13 | 2.83 | 3.07 |
| Sezzle Inc. (SEZL)vs › | $3.69B | 4.02 | 3.18 | 2.30 | 2.30 |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.40B | 0.39 | 1.53 | 1.40 | 1.56 |
| iShares Core 80/20 Aggressive Allocation ETF (AOA)vs › | $3.22B | N/A | N/A | N/A | N/A |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.36B | 3.24 | 1.51 | 3.39 | 3.32 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.76B | 0.41 | 1.07 | 1.20 | 1.22 |
| TeraWulf Inc. (WULF)vs › | $8.07B | 0.75 | 3.71 | 1.98 | 2.18 |
Quick Ratio
0.07
Excludes inventory
Current Ratio
0.07
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 | 0.07 |
| 2026-03-31 | 0.09 |
| 2025-12-31 | 0.06 |
| 2025-09-30 | 0.14 |
| 2025-06-30 | 0.11 |
| 2025-03-31 | 0.12 |
| 2024-12-31 | 0.15 |
| 2024-09-30 | 0.15 |
| 2024-06-30 | 0.12 |
| 2024-03-31 | 0.13 |
| 2023-12-31 | 0.11 |
| 2023-09-30 | 0.15 |
| 2023-06-30 | 0.17 |
| 2023-03-31 | 0.17 |
| 2022-12-31 | 0.14 |
| 2022-09-30 | 0.13 |
| 2022-06-30 | 0.13 |
| 2022-03-31 | 0.13 |
| 2021-12-31 | 0.11 |
| 2021-09-30 | 0.13 |
| 2021-06-30 | 0.11 |
| 2021-03-31 | 0.14 |
| 2020-12-31 | 0.13 |
| 2020-09-30 | 0.13 |
| 2020-06-30 | 0.18 |
| 2020-03-31 | 0.11 |
| 2019-12-31 | 0.12 |
| 2019-09-30 | 0.10 |
| 2019-06-30 | 0.10 |
| 2019-03-31 | 0.09 |
| 2018-12-31 | 0.06 |
| 2018-09-30 | 0.13 |
| 2018-06-30 | 0.10 |
| 2018-03-31 | 0.21 |
| 2017-12-31 | 0.11 |
| 2017-09-30 | 0.12 |
| 2017-06-30 | 0.13 |
| 2017-03-31 | 0.21 |
| 2016-12-31 | 0.16 |
| 2016-09-30 | 0.16 |
| 2016-06-30 | 0.13 |
| 2016-03-31 | 0.20 |
| 2015-12-31 | 0.10 |
| 2015-09-30 | 0.12 |
| 2015-06-30 | 0.09 |
| 2015-03-31 | 0.09 |
| 2014-12-31 | 0.10 |
| 2014-09-30 | 0.13 |
| 2014-06-30 | 0.12 |
| 2014-03-31 | 0.12 |
| 2013-12-31 | 0.14 |
| 2013-09-30 | 0.18 |
| 2013-06-30 | 0.18 |
| 2013-03-31 | 0.14 |
| 2012-12-31 | 0.10 |
| 2012-09-30 | 0.02 |
| 2012-06-30 | 0.10 |
| 2012-03-31 | 0.01 |
| 2011-12-31 | 0.01 |
| 2011-09-30 | 0.01 |
| 2011-06-30 | 0.10 |
| 2011-03-31 | 0.01 |
| 2010-12-31 | 0.01 |
| 2010-09-30 | 0.01 |
| 2010-06-30 | 0.01 |
| 2010-03-31 | 0.01 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.01 |
| 2009-06-30 | 0.01 |
| 2009-03-31 | 0.01 |
| 2008-12-31 | 0.01 |
| 2008-09-30 | 0.01 |
| 2008-06-30 | 0.02 |
| 2008-03-31 | 0.02 |
| 2007-12-31 | 0.02 |
| 2007-09-30 | 0.03 |
| 2007-06-30 | 0.03 |
| 2007-03-31 | 0.04 |
| 2006-12-31 | 0.04 |
| 2006-09-30 | 0.05 |
| 2006-06-30 | 0.05 |
| 2006-03-31 | 0.05 |
| 2005-12-31 | 0.04 |
| 2005-09-30 | 0.04 |
| 2005-06-30 | 0.04 |
| 2005-03-31 | 0.04 |
| 2004-12-31 | 0.03 |
