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 1.35 is 267% above its 5-year average of 0.37, near the high end of its 5-year range (-3.31–1.36).
As of the fiscal period ended Tuesday, June 30, 2026. 7.94% above its 12-month average of 1.25.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.35.
QUICK RATIO (ACID-TEST)
1.35
QUICK RATIO (ACID-TEST) AVG TTM
1.25
QUICK RATIO (ACID-TEST) AVG 3Y
0.96
QUICK RATIO (ACID-TEST) AVG 5Y
0.37
QUICK RATIO (ACID-TEST) AVG 10Y
0.56
QUICK RATIO (ACID-TEST) AVG 15Y
0.58
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+7.94%
CURRENT VS 3Y AVG
+40.27%
CURRENT VS 5Y AVG
+267.43%
CURRENT VS 10Y AVG
+142.86%
CURRENT VS 15Y AVG
+134.61%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+25.14%
vs the sector median at left
The New Germany Fund, Inc.
Market Cap
$175.35M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.25
3Y Avg
0.96
5Y Avg
0.37
Market Cap
$178.06M
Quick Ratio (Acid-Test)
13.85
TTM Avg
11.33
3Y Avg
11.33
5Y Avg
8.17
Market Cap
$200.62M
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.83
3Y Avg
0.80
5Y Avg
0.70
Market Cap
$146.07M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$142.99M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.32M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$269.84M
Quick Ratio (Acid-Test)
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$64.39M
Quick Ratio (Acid-Test)
4.74
TTM Avg
4.15
3Y Avg
8.64
5Y Avg
6.16
Market Cap
$313.46M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The New Germany Fund, Inc. (GF) | $175.35M | 1.35 | 1.25 | 0.96 | 0.37 |
| Franklin Universal Trust (FT)vs › | $178.06M | 13.85 | 11.33 | 11.33 | 8.17 |
| DeFi Technologies Inc. (DEFT)vs › | $200.62M | 1.14 | 0.83 | 0.80 | 0.70 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $146.07M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $142.99M | N/A | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.32M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $269.84M | 4.15 | 0.13 | 0.24 | 0.28 |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $64.39M | 4.74 | 4.15 | 8.64 | 6.16 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.46M | N/A | 0.28 | 0.51 | 0.50 |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.48 | 1.44 | 1.34 | 1.27 |
Quick Ratio
1.35
Excludes inventory
Current Ratio
1.35
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 | 1.35 |
| 2025-12-31 | 1.05 |
| 2025-06-30 | 1.36 |
| 2024-12-31 | 0.97 |
| 2024-06-30 | 0.09 |
| 2023-12-31 | 0.90 |
| 2023-06-30 | 1.02 |
| 2022-12-31 | -3.31 |
| 2022-06-30 | -0.03 |
| 2021-12-31 | 0.00 |
| 2021-06-30 | 0.64 |
| 2020-12-31 | 0.00 |
| 2020-06-30 | 0.63 |
| 2019-12-31 | -0.01 |
| 2019-06-30 | -0.15 |
| 2018-12-31 | 0.31 |
| 2018-06-30 | 45.95 |
| 2017-12-31 | 0.16 |
| 2017-06-30 | 0.99 |
| 2016-12-31 | 0.55 |
| 2016-06-30 | 0.75 |
| 2015-12-31 | 0.47 |
| 2015-06-30 | 1.01 |
| 2014-12-31 | 0.08 |
| 2014-06-30 | 1.10 |
| 2013-12-31 | 0.16 |
| 2013-06-30 | 1.42 |
| 2012-12-31 | 0.73 |
| 2012-06-30 | 0.00 |
