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 2.95 is 17% below its 5-year average of 3.53, around the middle of its 5-year range (1.77–4.57).
As of the fiscal period ended Tuesday, June 30, 2026. 26.14% above its 12-month average of 2.34.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.95.
QUICK RATIO (ACID-TEST)
2.95
QUICK RATIO (ACID-TEST) AVG TTM
2.34
QUICK RATIO (ACID-TEST) AVG 3Y
2.99
QUICK RATIO (ACID-TEST) AVG 5Y
3.53
QUICK RATIO (ACID-TEST) AVG 10Y
2.58
QUICK RATIO (ACID-TEST) AVG 15Y
2.28
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+26.14%
CURRENT VS 3Y AVG
-1.33%
CURRENT VS 5Y AVG
-16.54%
CURRENT VS 10Y AVG
+14.09%
CURRENT VS 15Y AVG
+29.42%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.06
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+178.02%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.70B
Quick Ratio (Acid-Test)
2.95
TTM Avg
2.34
3Y Avg
2.99
5Y Avg
3.53
Market Cap
$4.69B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.73
3Y Avg
1.73
5Y Avg
1.89
Market Cap
$4.93B
Quick Ratio (Acid-Test)
0.56
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
Market Cap
$4.25B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$6.01B
Quick Ratio (Acid-Test)
1.77
TTM Avg
1.57
3Y Avg
1.53
5Y Avg
1.60
Market Cap
$2.65B
Quick Ratio (Acid-Test)
4.52
TTM Avg
3.55
3Y Avg
2.19
5Y Avg
1.77
Market Cap
$2.12B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.41
3Y Avg
1.83
5Y Avg
2.17
Market Cap
$7.85B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.93
3Y Avg
0.96
5Y Avg
0.92
Market Cap
$1.46B
Quick Ratio (Acid-Test)
2.12
TTM Avg
1.93
3Y Avg
1.59
5Y Avg
1.80
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.70B | 2.95 | 2.34 | 2.99 | 3.53 |
| Oceaneering International, Inc. (OII)vs › | $4.69B | 1.90 | 1.73 | 1.73 | 1.89 |
| California Resources Corp (CRC)vs › | $4.93B | 0.56 | 0.87 | 1.01 | 0.90 |
| Helmerich & Payne, Inc. (HP)vs › | $4.25B | 1.55 | 1.90 | 2.06 | 2.32 |
| Weatherford International plc (WFRD)vs › | $6.01B | 1.77 | 1.57 | 1.53 | 1.60 |
| Centrus Energy Corp. (LEU)vs › | $2.65B | 4.52 | 3.55 | 2.19 | 1.77 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.12B | 1.38 | 1.41 | 1.83 | 2.17 |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.85B | 0.68 | 0.93 | 0.96 | 0.92 |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 2.12 | 1.93 | 1.59 | 1.80 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.44B | 13.85 | 15.75 | 16.35 | 15.30 |
Quick Ratio
2.95
Excludes inventory
Current Ratio
3.45
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 | 2.95 |
| 2026-03-31 | 3.20 |
| 2025-12-31 | 1.84 |
| 2025-09-30 | 1.88 |
| 2025-06-30 | 1.82 |
| 2025-03-31 | 1.77 |
| 2024-12-31 | 3.28 |
| 2024-09-30 | 3.88 |
| 2024-06-30 | 3.90 |
| 2024-03-31 | 3.78 |
| 2023-12-31 | 4.19 |
| 2023-09-30 | 3.13 |
| 2023-06-30 | 3.22 |
| 2023-03-31 | 3.24 |
| 2022-12-31 | 3.31 |
| 2022-09-30 | 3.34 |
| 2022-06-30 | 3.35 |
| 2022-03-31 | 3.22 |
| 2021-12-31 | 3.16 |
| 2021-09-30 | 4.33 |
| 2021-06-30 | 4.57 |
| 2021-03-31 | 5.10 |
| 2020-12-31 | 1.67 |
| 2020-09-30 | 3.17 |
| 2020-06-30 | 3.25 |
| 2020-03-31 | 3.07 |
| 2019-12-31 | 2.35 |
| 2019-09-30 | 2.46 |
| 2019-06-30 | 2.30 |
| 2019-03-31 | 1.42 |
| 2018-12-31 | 1.40 |
| 2018-09-30 | 1.42 |
| 2018-06-30 | 1.20 |
| 2018-03-31 | 1.25 |
| 2017-12-31 | 1.14 |
| 2017-09-30 | 1.30 |
| 2017-06-30 | 1.59 |
| 2017-03-31 | 1.63 |
| 2016-12-31 | 1.04 |
| 2016-09-30 | 1.06 |
| 2016-06-30 | 0.77 |
| 2016-03-31 | 0.84 |
| 2015-12-31 | 1.11 |
| 2015-09-30 | 1.33 |
| 2015-06-30 | 1.28 |
| 2015-03-31 | 1.29 |
| 2014-12-31 | 1.59 |
| 2014-09-30 | 1.71 |
| 2014-06-30 | 1.73 |
| 2014-03-31 | 2.13 |
| 2013-12-31 | 2.22 |
| 2013-09-30 | 1.64 |
| 2013-06-30 | 2.02 |
| 2013-03-31 | 2.05 |
| 2012-12-31 | 2.22 |
| 2012-09-30 | 2.14 |
| 2012-06-30 | 1.76 |
| 2012-03-31 | 0.82 |
| 2011-12-31 | 1.38 |
| 2011-09-30 | 1.59 |
| 2011-06-30 | 2.16 |
| 2011-03-31 | 2.69 |
| 2010-12-31 | 3.67 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
