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 0.96 is 65% below its 5-year average of 2.72, near the low end of its 5-year range (0.87–5.43).
As of the fiscal period ended Tuesday, June 30, 2026. 24.52% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.96.
QUICK RATIO (ACID-TEST)
0.96
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.51
QUICK RATIO (ACID-TEST) AVG 5Y
2.72
QUICK RATIO (ACID-TEST) AVG 10Y
3.19
QUICK RATIO (ACID-TEST) AVG 15Y
3.13
QUICK RATIO (ACID-TEST) AVG 20Y
3.50
CURRENT VS TTM AVG
-24.52%
CURRENT VS 3Y AVG
-36.57%
CURRENT VS 5Y AVG
-64.70%
CURRENT VS 10Y AVG
-69.88%
CURRENT VS 15Y AVG
-69.34%
CURRENT VS 20Y AVG
-72.53%
SECTOR MEDIAN · UTILITIES
0.69
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+40.24%
vs the sector median at left
Market Cap
$230.40M
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.81
3Y Avg
0.83
5Y Avg
1.05
Market Cap
$310.19M
Quick Ratio (Acid-Test)
44.53
TTM Avg
26.80
3Y Avg
18.80
5Y Avg
18.80
Market Cap
$345.25M
Quick Ratio (Acid-Test)
1.01
TTM Avg
0.66
3Y Avg
0.73
5Y Avg
0.61
Market Cap
$367.57M
Quick Ratio (Acid-Test)
11.25
TTM Avg
4.74
3Y Avg
2.65
5Y Avg
3.12
Market Cap
$485.13M
Quick Ratio (Acid-Test)
5.81
TTM Avg
5.98
3Y Avg
5.06
5Y Avg
6.67
Market Cap
$14.76M
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.48
3Y Avg
0.49
5Y Avg
0.89
Market Cap
$657.47M
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.36
3Y Avg
0.29
5Y Avg
0.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadiz Inc. (CDZIP) | $251.20M | 0.96 | 1.27 | 1.51 | 2.72 |
| Global Water Resources, Inc. (GWRS)vs › | $230.40M | 0.68 | 0.81 | 0.83 | 1.05 |
| Cadiz Inc. (CDZI)vs › | $300.19M | 0.96 | 1.35 | 1.47 | 2.20 |
| Terrestrial Energy Inc. (IMSR)vs › | $310.19M | 44.53 | 26.80 | 18.80 | 18.80 |
| Artesian Resources Corporation (ARTNA)vs › | $345.25M | 1.01 | 0.66 | 0.73 | 0.61 |
| Digi Power X Inc. (DGXX)vs › | $367.57M | 11.25 | 4.74 | 2.65 | 3.12 |
| Consolidated Water Co. Ltd. (CWCO)vs › | $485.13M | 5.81 | 5.98 | 5.06 | 6.67 |
| Fusion Fuel Green PLC (HTOO)vs › | $14.76M | 0.51 | 0.48 | 0.49 | 0.89 |
| Hallador Energy Company (HNRG)vs › | $657.47M | 0.49 | 0.36 | 0.29 | 0.32 |
| XPLR Infrastructure, LP (XIFR)vs › | $960.64M | 1.14 | 0.76 | 1.05 | 1.06 |
Quick Ratio
0.96
Excludes inventory
Current Ratio
1.16
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 | 0.96 |
| 2026-03-31 | 1.76 |
| 2025-12-31 | 1.13 |
| 2025-09-30 | 0.96 |
| 2025-06-30 | 1.55 |
| 2025-03-31 | 1.97 |
| 2024-12-31 | 1.58 |
| 2024-09-30 | 0.87 |
| 2024-06-30 | 1.40 |
| 2024-03-31 | 2.54 |
| 2023-12-31 | 1.01 |
| 2023-09-30 | 2.44 |
| 2023-06-30 | 3.82 |
| 2023-03-31 | 5.43 |
| 2022-12-31 | 2.15 |
| 2022-09-30 | 3.44 |
| 2022-06-30 | 4.35 |
| 2022-03-31 | 5.24 |
| 2021-12-31 | 4.75 |
| 2021-09-30 | 4.47 |
| 2021-06-30 | 5.33 |
| 2021-03-31 | 8.42 |
| 2020-12-31 | 2.56 |
| 2020-09-30 | 2.65 |
| 2020-06-30 | 1.51 |
| 2020-03-31 | 2.47 |
| 2019-12-31 | 3.35 |
| 2019-09-30 | 6.11 |
| 2019-06-30 | 5.80 |
| 2019-03-31 | 5.44 |
| 2018-12-31 | 3.14 |
| 2018-09-30 | 5.81 |
| 2018-06-30 | 6.53 |
| 2018-03-31 | 2.48 |
| 2017-12-31 | 2.08 |
| 2017-09-30 | 1.84 |
| 2017-06-30 | 2.55 |
| 2017-03-31 | 3.28 |
| 2016-12-31 | 3.42 |
| 2016-09-30 | 0.16 |
| 2016-06-30 | 4.00 |
| 2016-03-31 | 0.92 |
| 2015-12-31 | 1.57 |
| 2015-09-30 | 0.18 |
| 2015-06-30 | 0.29 |
| 2015-03-31 | 0.38 |
| 2014-12-31 | 8.87 |
| 2014-09-30 | 2.94 |
| 2014-06-30 | 4.19 |
| 2014-03-31 | 6.46 |
| 2013-12-31 | 4.85 |
| 2013-09-30 | 2.72 |
| 2013-06-30 | 6.33 |
| 2013-03-31 | 5.14 |
| 2012-12-31 | 0.99 |
| 2012-09-30 | 0.54 |
| 2012-06-30 | 1.29 |
| 2012-03-31 | 3.40 |
| 2011-12-31 | 4.96 |
| 2011-09-30 | 2.42 |
| 2011-06-30 | 1.94 |
| 2011-03-31 | 2.39 |
| 2010-12-31 | 3.43 |
| 2010-09-30 | 3.16 |
| 2010-06-30 | 6.69 |
| 2010-03-31 | 8.51 |
| 2009-12-31 | 6.98 |
| 2009-09-30 | 1.81 |
| 2009-06-30 | 2.79 |
| 2009-03-31 | 6.12 |
| 2008-12-31 | 6.87 |
| 2008-09-30 | 2.67 |
| 2008-06-30 | 4.66 |
| 2008-03-31 | 4.37 |
| 2007-12-31 | 7.89 |
| 2007-09-30 | 6.31 |
| 2007-06-30 | 11.43 |
| 2007-03-31 | 15.98 |
| 2006-12-31 | 13.13 |
| 2006-09-30 | 11.55 |
| 2006-06-30 | 11.40 |
| 2006-03-31 | 4.20 |
| 2005-12-31 | 5.22 |
| 2005-09-30 | 10.46 |
| 2005-06-30 | 7.88 |
| 2005-03-31 | 9.01 |
| 2004-12-31 | 8.45 |
| 2004-09-30 | 0.05 |
| 2004-06-30 | 0.07 |
| 2004-03-31 | 0.09 |
| 2003-12-31 | 1.53 |
| 2003-09-30 | 0.02 |
| 2003-06-30 | 0.05 |
| 2003-03-31 | 0.03 |
| 2002-12-31 | 0.20 |
| 2002-09-30 | 0.29 |
