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 0.95 is 13% below its 5-year average of 1.09, near the low end of its 5-year range (0.87–1.30).
As of the fiscal period ended Wednesday, December 31, 2025. 7.35% below its 12-month average of 1.02.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 0.95.
QUICK RATIO (ACID-TEST)
0.95
QUICK RATIO (ACID-TEST) AVG TTM
1.02
QUICK RATIO (ACID-TEST) AVG 3Y
1.08
QUICK RATIO (ACID-TEST) AVG 5Y
1.09
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-7.35%
CURRENT VS 3Y AVG
-11.93%
CURRENT VS 5Y AVG
-13.10%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
1.55
median of 108 covered companies
CURRENT VS SECTOR MEDIAN
-38.80%
vs the sector median at left
Hongli Group Inc.
Market Cap
$185.35M
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.02
3Y Avg
1.08
5Y Avg
1.09
Market Cap
$164.82M
Quick Ratio (Acid-Test)
7.12
TTM Avg
3.92
3Y Avg
2.76
5Y Avg
6.63
Market Cap
$220.44M
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.62
3Y Avg
1.18
5Y Avg
0.93
Market Cap
$124.55M
Quick Ratio (Acid-Test)
3.63
TTM Avg
3.95
3Y Avg
3.12
5Y Avg
2.49
Market Cap
$100.62M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.35
3Y Avg
1.31
5Y Avg
1.31
Market Cap
$80.33M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.15
3Y Avg
1.27
5Y Avg
1.27
Market Cap
$78.15M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
Market Cap
$296.38M
Quick Ratio (Acid-Test)
2.17
TTM Avg
1.70
3Y Avg
1.72
5Y Avg
1.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hongli Group Inc. (HLP) | $185.35M | 0.95 | 1.02 | 1.08 | 1.09 |
| 5E Advanced Materials Inc. (FEAM)vs › | $164.82M | 7.12 | 3.92 | 2.76 | 6.63 |
| Hudson Technologies, Inc. (HDSN)vs › | $220.44M | 1.33 | 1.62 | 1.18 | 0.93 |
| Ascent Industries Co. (ACNT)vs › | $124.55M | 3.63 | 3.95 | 3.12 | 2.49 |
| Aemetis, Inc. (AMTX)vs › | $123.14M | 0.05 | 0.09 | 0.13 | 0.14 |
| Caesarstone Ltd. (CSTE)vs › | $100.62M | 1.05 | 1.35 | 1.31 | 1.31 |
| Julong Holding Limited (JLHL)vs › | $80.33M | 1.21 | 1.15 | 1.27 | 1.27 |
| Atlas Lithium Corporation (ATLX)vs › | $78.15M | 2.40 | 2.65 | 2.61 | 1.77 |
| Alto Ingredients, Inc. (ALTO)vs › | $296.38M | 2.17 | 1.70 | 1.72 | 1.90 |
| Friedman Industries, Incorporated (FRD)vs › | $304.74M | 1.00 | 1.25 | 1.19 | 1.19 |
Quick Ratio
0.95
Excludes inventory
Current Ratio
1.12
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) |
|---|---|
| 2025-12-31 | 0.95 |
| 2025-06-30 | 1.00 |
| 2024-12-31 | 1.13 |
| 2024-06-30 | 1.16 |
| 2023-12-31 | 1.10 |
| 2023-06-30 | 1.28 |
| 2022-12-31 | 0.92 |
| 2022-06-30 | 1.00 |
| 2021-12-31 | 0.87 |
| 2021-06-30 | 1.30 |
| 2020-12-31 | 1.30 |
| 2020-06-30 | 0.00 |
| 2019-12-31 | 0.92 |
| 2019-06-30 | 0.00 |