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 10.08 is 91% above its 5-year average of 5.27, near the high end of its 5-year range (1.50–10.08).
As of the fiscal period ended Tuesday, June 30, 2026. 31.91% above its 12-month average of 7.64.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 10.08.
QUICK RATIO (ACID-TEST)
10.08
QUICK RATIO (ACID-TEST) AVG TTM
7.64
QUICK RATIO (ACID-TEST) AVG 3Y
6.88
QUICK RATIO (ACID-TEST) AVG 5Y
5.27
QUICK RATIO (ACID-TEST) AVG 10Y
5.82
QUICK RATIO (ACID-TEST) AVG 15Y
5.86
QUICK RATIO (ACID-TEST) AVG 20Y
5.40
CURRENT VS TTM AVG
+31.91%
CURRENT VS 3Y AVG
+46.52%
CURRENT VS 5Y AVG
+91.22%
CURRENT VS 10Y AVG
+73.33%
CURRENT VS 15Y AVG
+72.05%
CURRENT VS 20Y AVG
+86.73%
SECTOR MEDIAN · TECHNOLOGY
1.66
median of 393 covered companies
CURRENT VS SECTOR MEDIAN
+507.49%
vs the sector median at left
Clearfield, Inc.
Market Cap
$450.63M
Quick Ratio (Acid-Test)
10.08
TTM Avg
7.64
3Y Avg
6.88
5Y Avg
5.27
Market Cap
$446.61M
Quick Ratio (Acid-Test)
7.06
TTM Avg
7.84
3Y Avg
8.76
5Y Avg
8.76
Market Cap
$412.09M
Quick Ratio (Acid-Test)
4.88
TTM Avg
2.31
3Y Avg
2.56
5Y Avg
2.57
Market Cap
$380.77M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.18
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$378.52M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.67
5Y Avg
1.71
Market Cap
$546.27M
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.61
3Y Avg
1.73
5Y Avg
1.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearfield, Inc. (CLFD) | $450.63M | 10.08 | 7.64 | 6.88 | 5.27 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $446.61M | 7.06 | 7.84 | 8.76 | 8.76 |
| Arqit Quantum Inc. (ARQQ)vs › | $412.09M | 4.88 | 2.31 | 2.56 | 2.57 |
| Allot Ltd. (ALLT)vs › | $411.44M | 2.01 | 2.32 | 2.23 | 2.24 |
| Braiin Ltd (BRAI)vs › | $502.94M | N/A | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $380.77M | 1.21 | 1.18 | 1.11 | 1.11 |
| PowerFleet, Inc. (AIOT)vs › | $378.52M | 0.96 | 0.99 | 1.67 | 1.71 |
| Cerence Inc. (CRNC)vs › | $361.50M | 2.07 | 1.53 | 1.52 | 1.51 |
| Methode Electronics, Inc. (MEI)vs › | $546.27M | 1.65 | 1.61 | 1.73 | 1.98 |
| SEALSQ Corp (LAES)vs › | $343.65M | 14.37 | 10.88 | 6.06 | 4.26 |
Quick Ratio
10.08
Excludes inventory
Current Ratio
12.53
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 | 10.08 |
| 2026-03-31 | 9.93 |
| 2025-12-31 | 9.50 |
| 2025-09-30 | 4.27 |
| 2025-06-30 | 4.43 |
| 2025-03-31 | 4.92 |
| 2024-12-31 | 7.41 |
| 2024-09-30 | 7.12 |
| 2024-06-30 | 5.73 |
| 2024-03-31 | 6.58 |
| 2023-12-31 | 7.29 |
| 2023-09-30 | 6.83 |
| 2023-06-30 | 5.37 |
| 2023-03-31 | 5.00 |
| 2022-12-31 | 4.51 |
| 2022-09-30 | 1.51 |
| 2022-06-30 | 1.65 |
| 2022-03-31 | 1.50 |
| 2021-12-31 | 1.83 |
| 2021-09-30 | 2.15 |
| 2021-06-30 | 3.12 |
| 2021-03-31 | 3.89 |
| 2020-12-31 | 4.96 |
| 2020-09-30 | 3.66 |
| 2020-06-30 | 3.41 |
| 2020-03-31 | 3.82 |
| 2019-12-31 | 6.24 |
| 2019-09-30 | 5.07 |
| 2019-06-30 | 7.53 |
| 2019-03-31 | 7.32 |
| 2018-12-31 | 7.18 |
| 2018-09-30 | 6.23 |
| 2018-06-30 | 6.85 |
| 2018-03-31 | 6.01 |
| 2017-12-31 | 11.77 |
| 2017-09-30 | 7.70 |
| 2017-06-30 | 7.94 |
| 2017-03-31 | 7.41 |
| 2016-12-31 | 8.65 |
| 2016-09-30 | 5.82 |
| 2016-06-30 | 6.33 |
| 2016-03-31 | 6.51 |
| 2015-12-31 | 9.51 |
| 2015-09-30 | 6.66 |
| 2015-06-30 | 5.60 |
| 2015-03-31 | 7.26 |
| 2014-12-31 | 8.11 |
| 2014-09-30 | 6.40 |
| 2014-06-30 | 4.76 |
| 2014-03-31 | 4.79 |
| 2013-12-31 | 7.26 |
| 2013-09-30 | 4.44 |
| 2013-06-30 | 5.20 |
| 2013-03-31 | 6.45 |
| 2012-12-31 | 7.57 |
| 2012-09-30 | 6.55 |
| 2012-06-30 | 6.45 |
| 2012-03-31 | 5.65 |
| 2011-12-31 | 6.98 |
| 2011-09-30 | 4.37 |
| 2011-06-30 | 4.37 |
| 2011-03-31 | 5.35 |
| 2010-12-31 | 5.34 |
| 2010-09-30 | 5.12 |
| 2010-06-30 | 4.44 |
| 2010-03-31 | 4.74 |
| 2009-12-31 | 5.44 |
| 2009-09-30 | 3.91 |
| 2009-06-30 | 3.29 |
| 2009-03-31 | 4.12 |
| 2008-12-31 | 5.14 |
| 2008-09-30 | 2.24 |
| 2008-06-30 | 2.30 |
| 2008-03-31 | 2.34 |
| 2007-12-31 | 4.43 |
| 2007-09-30 | 3.44 |
| 2007-06-30 | 3.21 |
| 2007-03-31 | 4.35 |
| 2006-12-31 | 5.04 |
| 2006-09-30 | 3.04 |
| 2006-06-30 | 3.08 |
| 2006-03-31 | 2.99 |
| 2005-12-31 | 2.94 |
| 2005-09-30 | 3.28 |
| 2005-06-30 | 3.80 |
| 2005-03-31 | 4.16 |
| 2004-12-31 | 4.61 |
| 2004-09-30 | 4.29 |
| 2004-06-30 | 4.56 |
| 2004-03-31 | 4.66 |
| 2003-12-31 | 5.60 |
| 2003-09-30 | 6.27 |
| 2003-06-30 | 8.18 |
| 2003-03-31 | 8.85 |
| 2002-12-31 | 12.76 |
| 2002-09-30 | 14.03 |