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 0.16 is 90% below its 5-year average of 1.59, near the low end of its 5-year range (0.10–5.49).
As of the fiscal period ended Tuesday, June 30, 2026. 86.27% below its 12-month average of 1.18.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.16.
QUICK RATIO (ACID-TEST)
0.16
QUICK RATIO (ACID-TEST) AVG TTM
1.18
QUICK RATIO (ACID-TEST) AVG 3Y
2.14
QUICK RATIO (ACID-TEST) AVG 5Y
1.59
QUICK RATIO (ACID-TEST) AVG 10Y
1.20
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-86.27%
CURRENT VS 3Y AVG
-92.40%
CURRENT VS 5Y AVG
-89.78%
CURRENT VS 10Y AVG
-86.45%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-95.15%
vs the sector median at left
GridAI Technologies Corp.
Market Cap
$29.66M
Quick Ratio (Acid-Test)
0.16
TTM Avg
1.18
3Y Avg
2.14
5Y Avg
1.59
Market Cap
$30.36M
Quick Ratio (Acid-Test)
200.08
TTM Avg
9.87
3Y Avg
7.20
5Y Avg
5.25
Market Cap
$30.52M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
Market Cap
$30.66M
Quick Ratio (Acid-Test)
9.65
TTM Avg
5.02
3Y Avg
5.18
5Y Avg
5.41
Market Cap
$29.54M
Quick Ratio (Acid-Test)
5.81
TTM Avg
22.07
3Y Avg
14.94
5Y Avg
12.78
Market Cap
$30.67M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.21
3Y Avg
1.42
5Y Avg
1.87
Market Cap
$29.48M
Quick Ratio (Acid-Test)
5.56
TTM Avg
0.84
3Y Avg
1.72
5Y Avg
2.80
Market Cap
$30.85M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.70
3Y Avg
1.87
5Y Avg
1.80
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GridAI Technologies Corp. (GRDX) | $29.66M | 0.16 | 1.18 | 2.14 | 1.59 |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.36M | 200.08 | 9.87 | 7.20 | 5.25 |
| CervoMed Inc. (CRVO)vs › | $30.74M | 8.57 | 7.97 | 5.03 | 6.79 |
| BeyondSpring Inc. (BYSI)vs › | $30.52M | 0.70 | 2.07 | 2.92 | 4.15 |
| SCYNEXIS, Inc. (SCYX)vs › | $30.66M | 9.65 | 5.02 | 5.18 | 5.41 |
| Context Therapeutics Inc. (CNTX)vs › | $29.54M | 5.81 | 22.07 | 14.94 | 12.78 |
| MDxHealth S.A. (MDXH)vs › | $30.67M | 0.98 | 1.21 | 1.42 | 1.87 |
| Quantum Cyber N.V. (QUCY)vs › | $29.48M | 5.56 | 0.84 | 1.72 | 2.80 |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $30.85M | 1.26 | 1.70 | 1.87 | 1.80 |
| OneMedNet Corporation (ONMD)vs › | $29.05M | 0.28 | 0.31 | 0.17 | 0.17 |
Quick Ratio
0.16
Excludes inventory
Current Ratio
0.16
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 | 0.16 |
| 2026-03-31 | 0.16 |
| 2025-12-31 | 0.17 |
| 2025-09-30 | 2.62 |
| 2025-06-30 | 2.81 |
| 2025-03-31 | 2.90 |
| 2024-12-31 | 3.03 |
| 2024-09-30 | 5.34 |
| 2024-06-30 | 5.49 |
| 2024-03-31 | 1.21 |
| 2023-12-31 | 1.58 |
| 2023-09-30 | 1.60 |
| 2023-06-30 | 0.72 |
| 2023-03-31 | 0.79 |
| 2022-12-31 | 1.37 |
| 2022-09-30 | 0.38 |
| 2022-06-30 | 0.10 |
| 2022-03-31 | 0.46 |
| 2021-12-31 | 0.77 |
| 2021-09-30 | 0.39 |
| 2021-06-30 | 1.33 |
| 2021-03-31 | 3.68 |
| 2020-12-31 | 0.51 |
| 2020-09-30 | 4.39 |
| 2020-06-30 | 0.21 |
| 2020-03-31 | 0.56 |
| 2019-12-31 | 0.80 |
| 2019-09-30 | 0.64 |
| 2019-06-30 | 0.58 |
| 2019-03-31 | 0.49 |
| 2018-12-31 | 1.60 |
| 2018-09-30 | 3.88 |
| 2018-06-30 | 3.31 |
| 2018-03-31 | 0.64 |
| 2017-12-31 | 0.79 |
| 2017-09-30 | 1.17 |
| 2017-06-30 | 1.97 |
| 2017-03-31 | 0.66 |
| 2016-12-31 | 1.27 |
| 2016-09-30 | 0.09 |
| 2016-06-30 | 0.16 |
| 2016-03-31 | 0.17 |
| 2015-12-31 | 0.23 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.16 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.27 |
| 2014-09-30 | 0.27 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |