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 1.94 is in line with its 5-year average of 1.95, around the middle of its 5-year range (1.71–2.36).
As of the fiscal period ended Wednesday, December 31, 2025. 10.23% below its 12-month average of 2.16.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 1.94.
QUICK RATIO (ACID-TEST)
1.94
QUICK RATIO (ACID-TEST) AVG TTM
2.16
QUICK RATIO (ACID-TEST) AVG 3Y
2.06
QUICK RATIO (ACID-TEST) AVG 5Y
1.95
QUICK RATIO (ACID-TEST) AVG 10Y
1.82
QUICK RATIO (ACID-TEST) AVG 15Y
1.79
QUICK RATIO (ACID-TEST) AVG 20Y
1.80
CURRENT VS TTM AVG
-10.23%
CURRENT VS 3Y AVG
-6.03%
CURRENT VS 5Y AVG
-0.59%
CURRENT VS 10Y AVG
+6.81%
CURRENT VS 15Y AVG
+8.43%
CURRENT VS 20Y AVG
+7.72%
SECTOR MEDIAN · INDUSTRIALS
1.31
median of 340 covered companies
CURRENT VS SECTOR MEDIAN
+48.07%
vs the sector median at left
Euro Tech Holdings Company Limited
Market Cap
$9.63M
Quick Ratio (Acid-Test)
1.94
TTM Avg
2.16
3Y Avg
2.06
5Y Avg
1.95
Market Cap
$8.91M
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.91
3Y Avg
0.70
5Y Avg
1.06
Market Cap
$10.59M
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.33
3Y Avg
0.39
5Y Avg
0.56
Market Cap
$10.88M
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.63
3Y Avg
0.91
5Y Avg
1.45
Market Cap
$11.37M
Quick Ratio (Acid-Test)
1.16
TTM Avg
2.23
3Y Avg
7.04
5Y Avg
7.04
Market Cap
$7.54M
Quick Ratio (Acid-Test)
2.35
TTM Avg
1.76
3Y Avg
2.29
5Y Avg
2.38
Market Cap
$7.14M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.55
3Y Avg
1.27
5Y Avg
1.11
Market Cap
$11.68M
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.69
3Y Avg
0.73
5Y Avg
0.55
Market Cap
$11.89M
Quick Ratio (Acid-Test)
14.47
TTM Avg
2.56
3Y Avg
5.96
5Y Avg
6.84
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Euro Tech Holdings Company Limited (CLWT) | $9.63M | 1.94 | 2.16 | 2.06 | 1.95 |
| Dragonfly Energy Holdings Corp. (DFLI)vs › | $8.91M | 0.97 | 0.91 | 0.70 | 1.06 |
| Flux Power Holdings, Inc. (FLUX)vs › | $10.59M | 0.30 | 0.33 | 0.39 | 0.56 |
| Armlogi Holding Corp. common stock (BTOC)vs › | $10.88M | 0.44 | 0.63 | 0.91 | 1.45 |
| Callan JMB Inc. (CJMB)vs › | $11.37M | 1.16 | 2.23 | 7.04 | 7.04 |
| Aqua Metals, Inc. (AQMS)vs › | $7.54M | 2.35 | 1.76 | 2.29 | 2.38 |
| JE Cleantech Holdings Limited (JCSE)vs › | $7.14M | 1.81 | 1.55 | 1.27 | 1.11 |
| Clean Energy Technologies, Inc. (CETY)vs › | $11.68M | 0.93 | 0.69 | 0.73 | 0.55 |
| DUKE Robotics Corp. (DUKR)vs › | $11.89M | 14.47 | 2.56 | 5.96 | 6.84 |
| T3 Defense Inc. (DFNS)vs › | $6.87M | 0.11 | 0.31 | 0.26 | 0.40 |
Quick Ratio
1.94
Excludes inventory
Current Ratio
2.01
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) |
|---|---|
| 2025-12-31 | 1.94 |
| 2025-06-30 | 2.36 |
| 2024-12-31 | 2.18 |
| 2024-06-30 | 2.08 |
| 2023-12-31 | 1.76 |
| 2023-06-30 | 2.15 |
| 2022-12-31 | 1.98 |
| 2022-06-30 | 1.74 |
| 2021-12-31 | 1.71 |
| 2021-06-30 | 1.74 |
| 2020-12-31 | 1.83 |
| 2020-06-30 | 2.08 |
| 2019-12-31 | 1.72 |
| 2019-06-30 | 2.27 |
| 2018-12-31 | 1.75 |
| 2018-06-30 | 1.41 |
| 2017-12-31 | 1.38 |
| 2017-06-30 | 1.41 |
| 2016-12-31 | 1.43 |
| 2016-06-30 | 1.58 |
| 2015-12-31 | 1.65 |
| 2015-06-30 | 1.61 |
| 2014-12-31 | 1.80 |
| 2014-06-30 | 1.89 |
| 2013-12-31 | 1.89 |
| 2013-06-30 | 1.91 |
| 2012-12-31 | 1.70 |
| 2012-06-30 | 1.65 |
| 2011-12-31 | 1.86 |
| 2011-06-30 | 1.86 |
| 2010-12-31 | 1.72 |
| 2010-06-30 | 1.82 |
| 2009-12-31 | 1.94 |
| 2009-06-30 | 1.76 |
| 2008-12-31 | 1.64 |
| 2008-06-30 | 1.75 |
| 2007-12-31 | 2.07 |
| 2007-06-30 | 2.61 |
| 2006-12-31 | 2.18 |
| 2006-06-30 | 1.85 |
| 2005-12-31 | 1.55 |
| 2005-06-30 | 0.00 |
| 2004-12-31 | 1.24 |
| 2004-06-30 | 0.00 |
| 2003-12-31 | 1.44 |
| 2003-06-30 | 0.00 |
| 2002-12-31 | 1.40 |
| 2002-06-30 | 0.00 |
| 2001-12-31 | 1.41 |
| 2001-06-30 | 0.00 |
| 2000-12-31 | 1.66 |
| 2000-06-30 | 0.00 |
| 1999-12-31 | 1.78 |
| 1999-06-30 | 0.00 |
| 1998-12-31 | 1.97 |
| 1998-06-30 | 0.00 |
| 1997-12-31 | 1.96 |
| 1997-06-30 | 0.00 |
| 1996-12-31 | 1.17 |
| 1996-06-30 | 0.00 |