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 0.93 is 19% above its 5-year average of 0.78, around the middle of its 5-year range (0.31–1.28).
As of the fiscal period ended Tuesday, June 30, 2026. 13.57% below its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.93.
QUICK RATIO (ACID-TEST)
0.93
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.03
QUICK RATIO (ACID-TEST) AVG 5Y
0.78
QUICK RATIO (ACID-TEST) AVG 10Y
0.47
QUICK RATIO (ACID-TEST) AVG 15Y
0.47
QUICK RATIO (ACID-TEST) AVG 20Y
0.40
CURRENT VS TTM AVG
-13.57%
CURRENT VS 3Y AVG
-9.91%
CURRENT VS 5Y AVG
+18.80%
CURRENT VS 10Y AVG
+98.59%
CURRENT VS 15Y AVG
+98.96%
CURRENT VS 20Y AVG
+129.57%
SECTOR MEDIAN · INDUSTRIALS
1.32
median of 357 covered companies
CURRENT VS SECTOR MEDIAN
-29.79%
vs the sector median at left
Clean Energy Technologies, Inc.
Market Cap
$11.77M
Quick Ratio (Acid-Test)
0.93
TTM Avg
1.07
3Y Avg
1.03
5Y Avg
0.78
Market Cap
$11.80M
Quick Ratio (Acid-Test)
14.47
TTM Avg
2.56
3Y Avg
5.96
5Y Avg
6.84
Market Cap
$11.23M
Quick Ratio (Acid-Test)
1.16
TTM Avg
2.23
3Y Avg
7.04
5Y Avg
7.04
Market Cap
$10.48M
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.33
3Y Avg
0.39
5Y Avg
0.56
Market Cap
$13.07M
Quick Ratio (Acid-Test)
2.48
TTM Avg
2.29
3Y Avg
3.19
5Y Avg
3.53
Market Cap
$10.88M
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.63
3Y Avg
0.91
5Y Avg
1.45
Market Cap
$9.63M
Quick Ratio (Acid-Test)
1.94
TTM Avg
2.06
3Y Avg
1.96
5Y Avg
1.90
Market Cap
$9.23M
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.91
3Y Avg
0.70
5Y Avg
1.06
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clean Energy Technologies, Inc. (CETY) | $11.77M | 0.93 | 1.07 | 1.03 | 0.78 |
| DUKE Robotics Corp. (DUKR)vs › | $11.80M | 14.47 | 2.56 | 5.96 | 6.84 |
| Callan JMB Inc. (CJMB)vs › | $11.23M | 1.16 | 2.23 | 7.04 | 7.04 |
| Flux Power Holdings, Inc. (FLUX)vs › | $10.48M | 0.30 | 0.33 | 0.39 | 0.56 |
| LanzaTech Global, Inc. (LNZA)vs › | $13.07M | 2.48 | 2.29 | 3.19 | 3.53 |
| Armlogi Holding Corp. common stock (BTOC)vs › | $10.88M | 0.44 | 0.63 | 0.91 | 1.45 |
| Euro Tech Holdings Company Limited (CLWT)vs › | $9.63M | 1.94 | 2.06 | 1.96 | 1.90 |
| Dragonfly Energy Holdings Corp. (DFLI)vs › | $9.23M | 0.97 | 0.91 | 0.70 | 1.06 |
| Masonglory Ltd (MSGY)vs › | $9.19M | 3.13 | 2.63 | 1.96 | 1.96 |
| Astrotech Corporation (ASTC)vs › | $14.40M | 5.23 | 6.50 | 10.45 | 12.80 |
Quick Ratio
0.93
Excludes inventory
Current Ratio
1.00
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 | 0.93 |
| 2026-03-31 | 1.07 |
| 2025-12-31 | 0.97 |
| 2025-09-30 | 1.14 |
| 2025-06-30 | 1.26 |
| 2025-03-31 | 0.46 |
| 2024-12-31 | 0.40 |
| 2024-09-30 | 0.73 |
| 2024-06-30 | 0.91 |
| 2024-03-31 | 0.92 |
| 2023-12-31 | 0.98 |
| 2023-09-30 | 1.17 |
| 2023-06-30 | 1.25 |
| 2023-03-31 | 1.28 |
| 2022-12-31 | 0.56 |
| 2022-09-30 | 0.42 |
| 2022-06-30 | 0.50 |
| 2022-03-31 | 0.36 |
| 2021-12-31 | 0.31 |
| 2021-09-30 | 0.38 |
| 2021-06-30 | 0.38 |
| 2021-03-31 | 0.48 |
| 2020-12-31 | 0.09 |
| 2020-09-30 | 0.16 |
| 2020-06-30 | 0.16 |
| 2020-03-31 | 0.21 |
| 2019-12-31 | 0.17 |
| 2019-09-30 | 0.10 |
| 2019-06-30 | 0.22 |
| 2019-03-31 | 0.12 |
| 2018-12-31 | 0.10 |
| 2018-09-30 | 0.11 |
| 2018-06-30 | 0.10 |
| 2018-03-31 | 0.11 |
| 2017-12-31 | 0.07 |
| 2017-09-30 | 0.09 |
| 2017-06-30 | 0.12 |
| 2017-03-31 | 0.07 |
| 2016-12-31 | 0.08 |
| 2016-09-30 | 0.11 |
| 2016-06-30 | 0.09 |
| 2016-03-31 | 0.27 |
| 2015-12-31 | 0.13 |
| 2015-09-30 | 0.16 |
| 2015-06-30 | 0.29 |
| 2015-03-31 | 0.29 |
| 2014-12-31 | 0.22 |
| 2014-09-30 | 0.48 |
| 2014-06-30 | 0.54 |
| 2014-03-31 | 0.46 |
| 2013-12-31 | 0.42 |
| 2013-09-30 | 0.63 |
| 2013-06-30 | 0.64 |
| 2013-03-31 | 0.44 |
| 2012-12-31 | 0.65 |
| 2012-09-30 | 0.56 |
| 2012-06-30 | 0.68 |
| 2012-03-31 | 0.61 |
| 2011-12-31 | 0.59 |
| 2011-09-30 | 0.60 |
| 2011-06-30 | 0.61 |
| 2011-03-31 | 0.62 |
| 2010-12-31 | 0.50 |
| 2010-10-30 | 0.50 |
| 2010-06-30 | 0.39 |
| 2010-03-31 | 0.33 |
| 2009-12-31 | 0.26 |
| 2009-09-30 | 0.39 |
| 2009-06-30 | 0.25 |
| 2009-03-31 | 0.35 |
| 2008-12-31 | 0.43 |
| 2008-09-30 | 0.51 |
| 2008-06-30 | 0.46 |
| 2008-03-31 | 0.56 |
| 2007-12-31 | 0.39 |
| 2007-09-30 | 0.41 |
| 2007-06-30 | 0.43 |
| 2007-03-31 | 0.40 |
| 2006-12-31 | 0.45 |
| 2006-09-30 | 0.39 |
| 2006-08-07 | 0.36 |
| 2006-03-31 | 0.40 |
| 2005-12-31 | 0.29 |
| 2005-09-30 | 0.26 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.32 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
