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 1.67 is 76% below its 4-year average of 7.02, near the low end of its 4-year range (1.37–21.85).
As of the fiscal period ended Tuesday, March 31, 2026. 67.49% below its 12-month average of 5.13.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 1.67.
QUICK RATIO (ACID-TEST)
1.67
QUICK RATIO (ACID-TEST) AVG TTM
5.13
QUICK RATIO (ACID-TEST) AVG 3Y
8.04
QUICK RATIO (ACID-TEST) AVG 5Y
7.02
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-67.49%
CURRENT VS 3Y AVG
-79.25%
CURRENT VS 5Y AVG
-76.23%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.54
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
+8.40%
vs the sector median at left
CN Energy Group. Inc.
Market Cap
$1.69M
Quick Ratio (Acid-Test)
1.67
TTM Avg
5.13
3Y Avg
8.04
5Y Avg
7.02
Market Cap
$2.16M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.27
3Y Avg
0.30
5Y Avg
0.36
Market Cap
$78101.00
Quick Ratio (Acid-Test)
3.72
TTM Avg
3.99
3Y Avg
5.88
5Y Avg
5.31
Market Cap
$4.04M
Quick Ratio (Acid-Test)
2.58
TTM Avg
2.12
3Y Avg
5.26
5Y Avg
7.39
Market Cap
$4.85M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.18
3Y Avg
0.86
5Y Avg
1.47
Market Cap
$6.43M
Quick Ratio (Acid-Test)
1.43
TTM Avg
1.79
3Y Avg
1.10
5Y Avg
0.88
Market Cap
$7.06M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.67
3Y Avg
1.71
5Y Avg
1.52
Market Cap
$7.75M
Quick Ratio (Acid-Test)
2.19
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
1.67
Market Cap
$8.27M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.11
3Y Avg
0.32
5Y Avg
2.81
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CN Energy Group. Inc. (CNEY) | $1.69M | 1.67 | 5.13 | 8.04 | 7.02 |
| Capstone Holding Corp. (CAPS)vs › | $2.16M | 0.39 | 0.27 | 0.30 | 0.36 |
| Nexentis Technologies Inc. (NXTS)vs › | $78101.00 | 3.72 | 3.99 | 5.88 | 5.31 |
| Gulf Resources, Inc. (GURE)vs › | $4.04M | 2.58 | 2.12 | 5.26 | 7.39 |
| China Natural Resources, Inc. (CHNR)vs › | $4.85M | 0.12 | 0.18 | 0.86 | 1.47 |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.43M | 1.43 | 1.79 | 1.10 | 0.88 |
| Bon Natural Life Limited (BON)vs › | $7.06M | 1.31 | 1.67 | 1.71 | 1.52 |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.75M | 2.19 | 0.37 | 0.37 | 1.67 |
| Blue Gold Limited (BGL)vs › | $8.27M | 0.19 | 0.11 | 0.32 | 2.81 |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.82M | 1.47 | 2.04 | 2.00 | 1.62 |
Quick Ratio
1.67
Excludes inventory
Current Ratio
2.77
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) |
|---|---|
| 2026-03-31 | 1.67 |
| 2025-09-30 | 8.60 |
| 2025-03-30 | 12.52 |
| 2024-09-30 | 21.85 |
| 2024-03-30 | 2.26 |
| 2023-09-30 | 1.37 |
| 2023-03-30 | 3.10 |
| 2022-09-30 | 2.41 |
| 2022-03-30 | 7.98 |
| 2021-09-30 | 8.47 |
| 2021-03-30 | 5.24 |
| 2020-09-30 | 1.54 |
| 2020-03-30 | 1.63 |
| 2019-09-30 | 1.21 |
| 2019-03-30 | 0.85 |
| 2018-09-30 | 1.11 |
| 2018-03-30 | 0.00 |