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 2.32 is 36% below its 5-year average of 3.61, near the low end of its 5-year range (2.32–9.32).
As of the fiscal period ended Tuesday, June 30, 2026. 23.07% below its 12-month average of 3.02.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 2.32.
QUICK RATIO (ACID-TEST)
2.32
QUICK RATIO (ACID-TEST) AVG TTM
3.02
QUICK RATIO (ACID-TEST) AVG 3Y
3.39
QUICK RATIO (ACID-TEST) AVG 5Y
3.61
QUICK RATIO (ACID-TEST) AVG 10Y
2.89
QUICK RATIO (ACID-TEST) AVG 15Y
2.81
QUICK RATIO (ACID-TEST) AVG 20Y
2.72
CURRENT VS TTM AVG
-23.07%
CURRENT VS 3Y AVG
-31.51%
CURRENT VS 5Y AVG
-35.62%
CURRENT VS 10Y AVG
-19.75%
CURRENT VS 15Y AVG
-17.34%
CURRENT VS 20Y AVG
-14.66%
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 626 covered companies
CURRENT VS SECTOR MEDIAN
+35.03%
vs the sector median at left
Franklin Wireless Corp.
Market Cap
$26.81M
Quick Ratio (Acid-Test)
2.32
TTM Avg
3.02
3Y Avg
3.39
5Y Avg
3.61
Market Cap
$26.82M
Quick Ratio (Acid-Test)
6.71
TTM Avg
3.76
3Y Avg
3.47
5Y Avg
4.37
Market Cap
$27.16M
Quick Ratio (Acid-Test)
17.14
TTM Avg
8.68
3Y Avg
5.57
5Y Avg
4.88
Market Cap
$28.26M
Quick Ratio (Acid-Test)
1.85
TTM Avg
1.41
3Y Avg
0.89
5Y Avg
1.16
Market Cap
$25.14M
Quick Ratio (Acid-Test)
3.54
TTM Avg
7.03
3Y Avg
10.81
5Y Avg
13.42
Market Cap
$28.53M
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.00
3Y Avg
0.94
5Y Avg
1.06
Market Cap
$24.81M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$24.73M
Quick Ratio (Acid-Test)
1.45
TTM Avg
1.50
3Y Avg
1.53
5Y Avg
1.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Wireless Corp. (FKWL) | $26.81M | 2.32 | 3.02 | 3.39 | 3.61 |
| Future FinTech Group Inc. (FTFT)vs › | $26.82M | 6.71 | 3.76 | 3.47 | 4.37 |
| BeLive Holdings (BLIV)vs › | $27.16M | 17.14 | 8.68 | 5.57 | 4.88 |
| Motorsport Games Inc. (MSGM)vs › | $28.26M | 1.85 | 1.41 | 0.89 | 1.16 |
| NextPlat Corp (NXPL)vs › | $25.30M | 1.92 | 2.75 | 4.47 | 4.19 |
| Research Frontiers Incorporated (REFR)vs › | $25.14M | 3.54 | 7.03 | 10.81 | 13.42 |
| Ruanyun Edai Technology Inc. Ordinary shares (RYET)vs › | $28.53M | 1.33 | 1.00 | 0.94 | 1.06 |
| DarkHorse Technologies Inc. (DRK)vs › | $24.81M | N/A | N/A | N/A | N/A |
| Orion Digital Corp. (ORIO)vs › | $24.73M | 1.45 | 1.50 | 1.53 | 1.63 |
| FiEE, Inc. (FIEE)vs › | $29.12M | 2.84 | 0.98 | 0.59 | 0.61 |
Quick Ratio
2.32
Excludes inventory
Current Ratio
2.67
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 | 2.32 |
| 2026-03-31 | 2.77 |
| 2025-12-31 | 3.24 |
| 2025-09-30 | 3.31 |
| 2025-06-30 | 3.45 |
| 2025-03-31 | 4.14 |
| 2024-12-31 | 2.73 |
| 2024-09-30 | 3.26 |
| 2024-06-30 | 4.27 |
| 2024-03-31 | 4.05 |
| 2023-12-31 | 3.59 |
| 2023-09-30 | 4.03 |
| 2023-06-30 | 2.91 |
| 2023-03-31 | 3.96 |
| 2022-12-31 | 3.32 |
| 2022-09-30 | 4.26 |
| 2022-06-30 | 4.76 |
| 2022-03-31 | 3.34 |
| 2021-12-31 | 8.46 |
| 2021-09-30 | 9.32 |
| 2021-06-30 | 4.83 |
| 2021-03-31 | 2.33 |
| 2020-12-31 | 1.38 |
| 2020-09-30 | 1.61 |
| 2020-06-30 | 1.15 |
| 2020-03-31 | 2.00 |
| 2019-12-31 | 1.65 |
| 2019-09-30 | 1.86 |
| 2019-06-30 | 2.72 |
| 2019-03-31 | 2.70 |
| 2018-12-31 | 2.30 |
| 2018-09-30 | 1.88 |
| 2018-06-30 | 2.49 |
| 2018-03-31 | 3.43 |
| 2017-12-31 | 2.82 |
| 2017-09-30 | 3.14 |
| 2017-06-30 | 1.93 |
| 2017-03-31 | 2.77 |
| 2016-12-31 | 2.06 |
| 2016-09-30 | 2.17 |
| 2016-06-30 | 1.91 |
| 2016-03-31 | 1.84 |
| 2015-12-31 | 1.40 |
| 2015-09-30 | 2.05 |
| 2015-06-30 | 2.23 |
| 2015-03-31 | 2.38 |
| 2014-12-31 | 2.29 |
| 2014-09-30 | 1.90 |
| 2014-06-30 | 2.29 |
| 2014-03-31 | 1.81 |
| 2013-12-31 | 2.40 |
| 2013-09-30 | 3.75 |
| 2013-06-30 | 2.61 |
| 2013-03-31 | 2.68 |
| 2012-12-31 | 2.54 |
| 2012-09-30 | 2.10 |
| 2012-06-30 | 1.90 |
| 2012-03-31 | 3.77 |
| 2011-12-31 | 4.23 |
| 2011-09-30 | 5.01 |
| 2011-06-30 | 3.72 |
| 2011-03-31 | 3.47 |
| 2010-12-31 | 2.33 |
| 2010-09-30 | 2.00 |
| 2010-06-30 | 2.03 |
| 2010-03-31 | 2.04 |
| 2009-12-31 | 1.75 |
| 2009-09-30 | 2.44 |
| 2009-06-30 | 2.00 |
| 2009-03-31 | 0.72 |
| 2008-12-31 | 4.16 |
| 2008-09-30 | 4.68 |
| 2008-06-30 | 1.96 |
| 2008-03-31 | 2.48 |
| 2007-12-31 | 4.93 |
| 2007-09-30 | 5.39 |
| 2007-06-30 | 2.44 |
| 2007-03-31 | 1.81 |
| 2006-12-31 | 0.97 |
| 2006-09-30 | 0.83 |
| 2006-06-30 | 0.78 |
| 2006-03-31 | 0.10 |
| 2005-12-31 | 0.28 |
| 2005-09-30 | 0.08 |
| 2002-03-31 | 0.02 |
| 2001-12-31 | 0.02 |
| 2001-09-30 | 0.02 |
| 2001-06-30 | 0.03 |
| 2001-03-31 | 0.42 |
| 2000-12-31 | 0.77 |
| 2000-09-30 | 1.60 |
| 2000-06-30 | 1.06 |
| 2000-03-31 | 1.30 |
| 1999-12-31 | 0.43 |
| 1999-09-30 | 1.30 |
| 1999-06-30 | 1.59 |
