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 1.32 is in line with its 5-year average of 1.40, near the low end of its 5-year range (1.23–1.70).
As of the fiscal period ended Saturday, July 4, 2026. 9.40% below its 12-month average of 1.45.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-07-04): 1.32.
QUICK RATIO (ACID-TEST)
1.32
QUICK RATIO (ACID-TEST) AVG TTM
1.45
QUICK RATIO (ACID-TEST) AVG 3Y
1.33
QUICK RATIO (ACID-TEST) AVG 5Y
1.40
QUICK RATIO (ACID-TEST) AVG 10Y
1.54
QUICK RATIO (ACID-TEST) AVG 15Y
2.09
QUICK RATIO (ACID-TEST) AVG 20Y
2.15
CURRENT VS TTM AVG
-9.40%
CURRENT VS 3Y AVG
-1.17%
CURRENT VS 5Y AVG
-5.67%
CURRENT VS 10Y AVG
-14.49%
CURRENT VS 15Y AVG
-37.09%
CURRENT VS 20Y AVG
-38.74%
SECTOR MEDIAN · INDUSTRIALS
1.34
median of 404 covered companies
CURRENT VS SECTOR MEDIAN
-1.66%
vs the sector median at left
The Eastern Company
Market Cap
$148.54M
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.45
3Y Avg
1.33
5Y Avg
1.40
Market Cap
$143.97M
Quick Ratio (Acid-Test)
1.54
TTM Avg
1.58
3Y Avg
1.58
5Y Avg
1.68
Market Cap
$152.35M
Quick Ratio (Acid-Test)
17.52
TTM Avg
6.48
3Y Avg
6.48
5Y Avg
6.48
Market Cap
$159.23M
Quick Ratio (Acid-Test)
4.60
TTM Avg
2.94
3Y Avg
38.06
5Y Avg
28.42
Market Cap
$137.26M
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.65
3Y Avg
0.65
5Y Avg
0.65
Market Cap
$123.29M
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.30
3Y Avg
0.41
5Y Avg
0.48
Market Cap
$121.66M
Quick Ratio (Acid-Test)
9.99
TTM Avg
6.95
3Y Avg
7.64
5Y Avg
6.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Eastern Company (EML) | $148.54M | 1.32 | 1.45 | 1.33 | 1.40 |
| Merlin, Inc. (MRLN)vs › | $149.61M | 14.67 | 0.95 | 4.31 | 4.31 |
| Hurco Companies, Inc. (HURC)vs › | $143.97M | 1.54 | 1.58 | 1.58 | 1.68 |
| Factorial Energy Inc. (FAC)vs › | $152.35M | 17.52 | 6.48 | 6.48 | 6.48 |
| NeoVolta Inc (NEOV)vs › | $159.23M | 4.60 | 2.94 | 38.06 | 28.42 |
| Capstone Energy+, Inc. (CEPL)vs › | $137.26M | 0.65 | 0.65 | 0.65 | 0.65 |
| EuroDry Ltd. (EDRY)vs › | $164.18M | 1.23 | 1.29 | 1.27 | 1.17 |
| Wheels Up Experience Inc. (UP)vs › | $123.29M | 0.28 | 0.30 | 0.41 | 0.48 |
| Coda Octopus Group, Inc. (CODA)vs › | $121.66M | 9.99 | 6.95 | 7.64 | 6.98 |
| Orion Energy Systems, Inc. (OESX)vs › | $116.75M | 1.13 | 0.93 | 1.22 | 1.26 |
Quick Ratio
1.32
Excludes inventory
Current Ratio
2.80
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) |
|---|---|
| 2026-07-04 | 1.32 |
| 2026-04-04 | 1.64 |
| 2026-01-03 | 1.55 |
| 2025-09-27 | 1.30 |
| 2025-06-28 | 1.33 |
| 2025-03-29 | 1.37 |
| 2024-12-28 | 1.35 |
| 2024-09-28 | 1.42 |
| 2024-06-29 | 1.35 |
| 2024-03-30 | 1.35 |
| 2023-12-30 | 1.26 |
| 2023-09-30 | 1.28 |
| 2023-07-01 | 1.49 |
| 2023-04-01 | 1.42 |
| 2022-12-31 | 1.29 |
| 2022-10-01 | 1.49 |
| 2022-07-02 | 1.48 |
| 2022-04-02 | 1.31 |
| 2022-01-01 | 1.23 |
| 2021-10-02 | 1.70 |
| 2021-07-03 | 1.83 |
| 2021-04-03 | 1.53 |
| 2021-01-02 | 1.69 |
| 2020-10-03 | 1.75 |
| 2020-06-27 | 1.85 |
| 2020-03-28 | 1.78 |
| 2019-12-28 | 1.76 |
| 2019-09-28 | 1.73 |
| 2019-06-29 | 1.77 |
| 2019-03-30 | 1.73 |
| 2018-12-29 | 1.61 |
| 2018-09-29 | 1.53 |
| 2018-06-30 | 1.54 |
| 2018-03-31 | 1.82 |
| 2017-12-30 | 1.69 |
| 2017-09-30 | 1.73 |
| 2017-07-01 | 1.75 |
| 2017-04-01 | 3.62 |
| 2016-12-31 | 3.39 |
| 2016-10-01 | 3.22 |
| 2016-07-02 | 3.10 |
| 2016-04-02 | 3.04 |
| 2016-01-02 | 2.53 |
| 2015-10-03 | 2.76 |
| 2015-07-04 | 2.80 |
| 2015-04-04 | 2.86 |
| 2015-01-03 | 2.74 |
| 2014-09-27 | 3.13 |
| 2014-06-28 | 3.18 |
| 2014-03-29 | 3.18 |
| 2013-12-28 | 2.96 |
| 2013-09-28 | 3.20 |
| 2013-06-29 | 3.15 |
| 2013-03-30 | 3.22 |
| 2012-12-29 | 2.85 |
| 2012-09-29 | 2.82 |
| 2012-06-30 | 2.87 |
| 2012-03-31 | 2.72 |
| 2011-12-31 | 2.20 |
| 2011-10-01 | 2.36 |
| 2011-07-26 | 2.85 |
| 2011-04-02 | 2.72 |
| 2011-01-01 | 2.62 |
| 2010-10-02 | 2.60 |
| 2010-07-03 | 2.65 |
| 2010-04-03 | 2.83 |
| 2010-01-02 | 2.28 |
| 2009-10-03 | 3.09 |
| 2009-07-04 | 2.81 |
| 2009-04-04 | 2.86 |
| 2009-01-03 | 2.39 |
| 2008-09-27 | 2.39 |
| 2008-06-28 | 2.08 |
| 2008-03-29 | 2.01 |
| 2007-12-29 | 2.02 |
| 2007-09-29 | 2.12 |
| 2007-06-30 | 2.18 |
| 2007-03-31 | 1.90 |
| 2006-12-30 | 1.32 |
| 2006-09-30 | 1.47 |
| 2006-07-01 | 1.47 |
| 2006-04-01 | 1.64 |
| 2005-12-31 | 1.76 |
| 2005-10-01 | 1.84 |
| 2005-07-02 | 1.87 |
| 2005-04-02 | 1.33 |
| 2005-01-01 | 1.45 |
| 2004-10-02 | 1.29 |
| 2004-07-03 | 1.45 |
| 2004-04-03 | 1.78 |
| 2004-01-03 | 1.79 |
| 2003-09-27 | 1.83 |
| 2003-06-28 | 1.97 |
| 2003-03-29 | 1.97 |
| 2002-12-28 | 1.87 |
| 2002-09-28 | 1.40 |