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 22.76 is 483% above its 4-year average of 3.90, near the high end of its 4-year range (0.00–22.76).
As of the fiscal period ended Sunday, May 31, 2026. 95.48% above its 12-month average of 11.64.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-05-31): 22.76.
QUICK RATIO (ACID-TEST)
22.76
QUICK RATIO (ACID-TEST) AVG TTM
11.64
QUICK RATIO (ACID-TEST) AVG 3Y
3.77
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
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
+95.48%
CURRENT VS 3Y AVG
+504.45%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.36
median of 417 covered companies
CURRENT VS SECTOR MEDIAN
+1573.52%
vs the sector median at left
New Horizon Aircraft Ltd
Market Cap
$108.93M
Quick Ratio (Acid-Test)
22.76
TTM Avg
11.64
3Y Avg
3.77
5Y Avg
N/A
Market Cap
$110.36M
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.56
3Y Avg
0.60
5Y Avg
0.67
Market Cap
$102.74M
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.12
3Y Avg
1.20
5Y Avg
1.15
Market Cap
$102.06M
Quick Ratio (Acid-Test)
0.82
TTM Avg
3.92
3Y Avg
2.66
5Y Avg
2.45
Market Cap
$101.57M
Quick Ratio (Acid-Test)
1.73
TTM Avg
0.66
3Y Avg
0.60
5Y Avg
0.56
Market Cap
$117.40M
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.69
3Y Avg
0.44
5Y Avg
0.58
Market Cap
$117.66M
Quick Ratio (Acid-Test)
1.13
TTM Avg
0.93
3Y Avg
1.22
5Y Avg
1.26
Market Cap
$97.75M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.19
3Y Avg
0.83
5Y Avg
0.83
Market Cap
$122.45M
Quick Ratio (Acid-Test)
9.99
TTM Avg
6.95
3Y Avg
7.64
5Y Avg
6.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Horizon Aircraft Ltd (HOVR) | $108.93M | 22.76 | 11.64 | 3.77 | N/A |
| CBAK Energy Technology, Inc. (CBAT)vs › | $110.36M | 0.44 | 0.56 | 0.60 | 0.67 |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $102.74M | 1.18 | 1.12 | 1.20 | 1.15 |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.06M | 0.82 | 3.92 | 2.66 | 2.45 |
| Broadwind, Inc. (BWEN)vs › | $101.57M | 1.73 | 0.66 | 0.60 | 0.56 |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 0.65 | 0.69 | 0.44 | 0.58 |
| Orion Energy Systems, Inc. (OESX)vs › | $117.66M | 1.13 | 0.93 | 1.22 | 1.26 |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $97.75M | 1.15 | 1.19 | 0.83 | 0.83 |
| Coda Octopus Group, Inc. (CODA)vs › | $122.45M | 9.99 | 6.95 | 7.64 | 6.98 |
| RF Industries, Ltd. (RFIL)vs › | $94.43M | 1.29 | 0.91 | 1.12 | 1.83 |
Quick Ratio
22.76
Excludes inventory
Current Ratio
22.76
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) |
|---|---|
| 2026-05-31 | 22.76 |
| 2026-02-28 | 14.81 |
| 2025-11-30 | 6.51 |
| 2025-08-31 | 7.97 |
| 2025-05-31 | 6.16 |
| 2025-02-28 | 7.11 |
| 2024-11-30 | 2.76 |
| 2024-08-31 | 4.05 |
| 2024-05-31 | 3.50 |
| 2024-02-29 | 2.85 |
| 2023-12-31 | 0.15 |
| 2023-09-30 | 0.19 |
| 2023-06-30 | 0.16 |
| 2023-03-31 | 6.04 |
| 2022-12-31 | 0.20 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
