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 1.23 is in line with its 5-year average of 1.18, near the low end of its 5-year range (0.52–2.96).
As of the fiscal period ended Tuesday, June 30, 2026. 1.50% below its 12-month average of 1.25.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.23.
QUICK RATIO (ACID-TEST)
1.23
QUICK RATIO (ACID-TEST) AVG TTM
1.25
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.18
QUICK RATIO (ACID-TEST) AVG 10Y
0.88
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-1.50%
CURRENT VS 3Y AVG
+11.85%
CURRENT VS 5Y AVG
+4.72%
CURRENT VS 10Y AVG
+40.66%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.32
median of 377 covered companies
CURRENT VS SECTOR MEDIAN
-6.56%
vs the sector median at left
Market Cap
$159.23M
Quick Ratio (Acid-Test)
4.60
TTM Avg
2.94
3Y Avg
38.06
5Y Avg
28.42
Market Cap
$180.50M
Quick Ratio (Acid-Test)
27.54
TTM Avg
11.12
3Y Avg
6.66
5Y Avg
5.35
Market Cap
$151.07M
Quick Ratio (Acid-Test)
14.67
TTM Avg
0.95
3Y Avg
4.31
5Y Avg
4.31
Market Cap
$148.47M
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.55
3Y Avg
1.38
5Y Avg
1.33
Market Cap
$150.70M
Quick Ratio (Acid-Test)
17.52
TTM Avg
6.48
3Y Avg
6.48
5Y Avg
6.48
Market Cap
$144.03M
Quick Ratio (Acid-Test)
1.54
TTM Avg
1.58
3Y Avg
1.58
5Y Avg
1.68
Market Cap
$194.93M
Quick Ratio (Acid-Test)
0.96
TTM Avg
1.00
3Y Avg
0.97
5Y Avg
0.94
Market Cap
$138.49M
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.65
3Y Avg
0.65
5Y Avg
0.65
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EuroDry Ltd. (EDRY) | $167.45M | 1.23 | 1.25 | 1.10 | 1.18 |
| NeoVolta Inc (NEOV)vs › | $159.23M | 4.60 | 2.94 | 38.06 | 28.42 |
| Draganfly Inc. (DPRO)vs › | $180.50M | 27.54 | 11.12 | 6.66 | 5.35 |
| Merlin, Inc. (MRLN)vs › | $151.07M | 14.67 | 0.95 | 4.31 | 4.31 |
| The Eastern Company (EML)vs › | $148.47M | 1.32 | 1.55 | 1.38 | 1.33 |
| Factorial Energy Inc. (FAC)vs › | $150.70M | 17.52 | 6.48 | 6.48 | 6.48 |
| Hurco Companies, Inc. (HURC)vs › | $144.03M | 1.54 | 1.58 | 1.58 | 1.68 |
| Ampco-Pittsburgh Corp. (AP)vs › | $194.93M | 0.96 | 1.00 | 0.97 | 0.94 |
| Capstone Energy+, Inc. (CEPL)vs › | $138.49M | 0.65 | 0.65 | 0.65 | 0.65 |
| Microvast Holdings, Inc. (MVST)vs › | $204.86M | 0.82 | 0.80 | 1.02 | 1.43 |
Quick Ratio
1.23
Excludes inventory
Current Ratio
1.28
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 | 1.23 |
| 2026-03-31 | 1.55 |
| 2025-12-31 | 1.46 |
| 2025-09-30 | 1.21 |
| 2025-06-30 | 0.81 |
| 2025-03-31 | 0.94 |
| 2024-12-31 | 1.13 |
| 2024-09-30 | 0.74 |
| 2024-06-30 | 0.84 |
| 2024-03-31 | 0.76 |
| 2023-12-31 | 0.79 |
| 2023-09-30 | 1.77 |
| 2023-06-30 | 2.96 |
| 2023-03-31 | 2.28 |
| 2022-12-31 | 1.72 |
| 2022-09-30 | 1.34 |
| 2022-06-30 | 0.52 |
| 2022-03-31 | 0.96 |
| 2021-12-31 | 1.67 |
| 2021-09-30 | 1.24 |
| 2021-06-30 | 0.59 |
| 2021-03-31 | 0.44 |
| 2020-12-31 | 0.24 |
| 2020-09-30 | 0.32 |
| 2020-06-30 | 0.33 |
| 2020-03-31 | 0.54 |
| 2019-12-31 | 0.81 |
| 2019-09-30 | 0.74 |
| 2019-06-30 | 0.83 |
| 2019-03-31 | 1.55 |
| 2018-12-31 | 1.07 |
| 2018-09-30 | 0.82 |
| 2018-06-30 | 0.45 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.74 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
