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 5.72 is 252% above its 5-year average of 1.63, near the high end of its 5-year range (0.33–5.93).
As of the fiscal period ended Tuesday, June 30, 2026. 29.18% above its 12-month average of 4.43.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 5.72.
QUICK RATIO (ACID-TEST)
5.72
QUICK RATIO (ACID-TEST) AVG TTM
4.43
QUICK RATIO (ACID-TEST) AVG 3Y
2.32
QUICK RATIO (ACID-TEST) AVG 5Y
1.63
QUICK RATIO (ACID-TEST) AVG 10Y
0.42
QUICK RATIO (ACID-TEST) AVG 15Y
0.68
QUICK RATIO (ACID-TEST) AVG 20Y
1.27
CURRENT VS TTM AVG
+29.18%
CURRENT VS 3Y AVG
+146.85%
CURRENT VS 5Y AVG
+251.83%
CURRENT VS 10Y AVG
+1246.83%
CURRENT VS 15Y AVG
+739.00%
CURRENT VS 20Y AVG
+349.05%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 441 covered companies
CURRENT VS SECTOR MEDIAN
+317.58%
vs the sector median at left
Electrovaya Inc.
Market Cap
$326.25M
Quick Ratio (Acid-Test)
5.72
TTM Avg
4.43
3Y Avg
2.32
5Y Avg
1.63
Market Cap
$332.68M
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.89
3Y Avg
1.47
5Y Avg
1.35
Market Cap
$333.64M
Quick Ratio (Acid-Test)
11.47
TTM Avg
10.16
3Y Avg
10.16
5Y Avg
10.16
Market Cap
$316.83M
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.56
3Y Avg
0.85
5Y Avg
0.94
Market Cap
$337.65M
Quick Ratio (Acid-Test)
9.18
TTM Avg
5.61
3Y Avg
4.02
5Y Avg
2.94
Market Cap
$341.52M
Quick Ratio (Acid-Test)
17.20
TTM Avg
11.61
3Y Avg
6.30
5Y Avg
5.27
Market Cap
$310.39M
Quick Ratio (Acid-Test)
92.88
TTM Avg
88.49
3Y Avg
45.50
5Y Avg
36.86
Market Cap
$347.69M
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.50
3Y Avg
1.50
5Y Avg
1.50
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Electrovaya Inc. (ELVA) | $326.25M | 5.72 | 4.43 | 2.32 | 1.63 |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $332.68M | 1.67 | 1.89 | 1.47 | 1.35 |
| Deep Fission, Inc. (FISN)vs › | $333.64M | 11.47 | 10.16 | 10.16 | 10.16 |
| FTAI Infrastructure Inc. (FIP)vs › | $316.83M | 0.28 | 0.56 | 0.85 | 0.94 |
| StealthGas Inc. (GASS)vs › | $337.65M | 9.18 | 5.61 | 4.02 | 2.94 |
| NN, Inc. (NNBR)vs › | $336.53M | 1.08 | 1.18 | 1.28 | 1.37 |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $341.52M | 17.20 | 11.61 | 6.30 | 5.27 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $310.39M | 92.88 | 88.49 | 45.50 | 36.86 |
| Innovative Aerosystems, Inc. (IA)vs › | $347.69M | 1.49 | 1.50 | 1.50 | 1.50 |
| Matrix Service Company (MTRX)vs › | $302.72M | 0.97 | 0.96 | 1.09 | 1.30 |
Quick Ratio
5.72
Excludes inventory
Current Ratio
7.53
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 | 5.72 |
| 2026-03-31 | 5.93 |
| 2025-12-31 | 4.69 |
| 2025-09-30 | 2.93 |
| 2025-06-30 | 2.88 |
| 2025-03-31 | 3.01 |
| 2024-12-31 | 1.20 |
| 2024-09-30 | 0.69 |
| 2024-06-30 | 0.54 |
| 2024-03-31 | 0.58 |
| 2023-12-31 | 0.61 |
| 2023-09-30 | 0.66 |
| 2023-06-30 | 0.68 |
| 2023-03-31 | 0.63 |
| 2022-12-31 | 0.83 |
| 2022-09-30 | 0.33 |
| 2022-06-30 | 0.45 |
| 2022-03-31 | 0.45 |
| 2021-12-31 | 0.33 |
| 2021-09-30 | 0.55 |
| 2021-06-30 | 0.45 |
| 2021-03-31 | 0.58 |
| 2020-12-31 | 0.23 |
| 2020-09-30 | 0.37 |
| 2020-06-30 | 0.28 |
| 2020-03-31 | 0.10 |
| 2019-12-31 | 0.11 |
| 2019-09-30 | 0.07 |
| 2019-06-30 | 0.07 |
| 2019-03-31 | 0.10 |
| 2018-12-31 | 0.58 |
| 2018-09-30 | 0.14 |
| 2018-06-30 | 0.16 |
| 2018-03-31 | 0.22 |
| 2017-12-31 | 0.31 |
| 2017-09-30 | 0.72 |
| 2017-06-30 | 0.32 |
| 2017-03-31 | 0.54 |
| 2016-12-31 | 0.32 |
| 2016-09-30 | 0.23 |
| 2016-06-30 | 0.45 |
| 2016-03-31 | 0.91 |
| 2015-12-31 | 0.88 |
| 2015-09-30 | 1.06 |
| 2015-06-30 | 1.10 |
| 2015-03-31 | 0.33 |
| 2014-12-31 | 1.72 |
| 2014-09-30 | 2.11 |
| 2014-06-30 | 1.93 |
| 2014-03-31 | 1.05 |
| 2013-12-31 | 0.34 |
| 2013-09-30 | 0.45 |
| 2013-06-30 | 0.48 |
| 2013-03-31 | 0.55 |
| 2012-12-31 | 0.72 |
| 2012-09-30 | 1.42 |
| 2012-06-30 | 1.86 |
| 2012-03-31 | 2.84 |
| 2011-12-31 | 2.11 |
| 2011-09-30 | 2.26 |
| 2011-06-30 | 2.95 |
| 2011-03-31 | 2.77 |
| 2010-12-31 | 2.96 |
| 2010-09-30 | 1.97 |
| 2010-06-30 | 1.81 |
| 2010-03-31 | 1.87 |
| 2009-12-31 | 2.10 |
| 2009-09-30 | 2.09 |
| 2009-06-30 | 1.50 |
| 2009-03-31 | 2.32 |
| 2008-12-31 | 2.19 |
| 2008-09-30 | 2.47 |
| 2008-06-30 | 3.76 |
| 2008-03-31 | 4.97 |
| 2007-12-31 | 4.78 |
| 2007-09-30 | 5.66 |
| 2007-06-30 | 7.27 |
| 2007-03-31 | 8.04 |
| 2006-12-31 | 6.46 |
| 2006-09-30 | 8.67 |
| 2006-06-30 | 9.15 |
| 2006-03-31 | 7.57 |
| 2005-12-31 | 8.16 |
| 2005-09-30 | 8.23 |
| 2005-06-30 | 6.83 |
| 2005-03-31 | 7.49 |
| 2004-12-31 | 9.28 |
| 2004-09-30 | 9.64 |
| 2004-06-30 | 6.64 |
| 2004-03-31 | 6.64 |
| 2003-12-31 | 7.31 |
| 2003-09-30 | 10.91 |
| 2003-06-30 | 14.46 |
| 2003-03-31 | 18.37 |
| 2002-12-31 | 23.05 |
| 2002-09-30 | 17.46 |
