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 2.37 is 12% above its 4-year average of 2.11, near the high end of its 4-year range (1.55–2.54).
As of the fiscal period ended Wednesday, December 31, 2025. 0.44% below its 12-month average of 2.38.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 2.37.
QUICK RATIO (ACID-TEST)
2.37
QUICK RATIO (ACID-TEST) AVG TTM
2.38
QUICK RATIO (ACID-TEST) AVG 3Y
2.25
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
-0.44%
CURRENT VS 3Y AVG
+5.36%
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
1.37
median of 441 covered companies
CURRENT VS SECTOR MEDIAN
+73.29%
vs the sector median at left
Haoxin Holdings Limited Class A Ordinary Shares
Market Cap
$4.53M
Quick Ratio (Acid-Test)
2.37
TTM Avg
2.38
3Y Avg
2.25
5Y Avg
N/A
Market Cap
$4.13M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.16M
Quick Ratio (Acid-Test)
1.84
TTM Avg
2.10
3Y Avg
2.15
5Y Avg
2.14
Market Cap
$3.97M
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.50
3Y Avg
0.58
5Y Avg
4.15
Market Cap
$4.70M
Quick Ratio (Acid-Test)
1.60
TTM Avg
1.24
3Y Avg
1.20
5Y Avg
1.17
Market Cap
$4.66M
Quick Ratio (Acid-Test)
3.20
TTM Avg
3.20
3Y Avg
1.62
5Y Avg
1.47
Market Cap
$3.57M
Quick Ratio (Acid-Test)
12.55
TTM Avg
3.28
3Y Avg
2.23
5Y Avg
1.97
Market Cap
$3.45M
Quick Ratio (Acid-Test)
3.69
TTM Avg
7.46
3Y Avg
6.93
5Y Avg
4.79
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Haoxin Holdings Limited Class A Ordinary Shares (HXHX) | $4.53M | 2.37 | 2.38 | 2.25 | N/A |
| Liberty Defense Holdings, Ltd. Common Shares (DETX)vs › | $4.13M | N/A | N/A | N/A | N/A |
| Highway Holdings Limited (HIHO)vs › | $4.16M | 1.84 | 2.10 | 2.15 | 2.14 |
| E-Power Inc. Class A (EPOW)vs › | $3.97M | 0.48 | 0.50 | 0.58 | 4.15 |
| INLIF Limited (INLF)vs › | $3.73M | 5.06 | 1.23 | 0.98 | 0.82 |
| FBS Global Limited Ordinary Shares (FBGL)vs › | $4.70M | 1.60 | 1.24 | 1.20 | 1.17 |
| JBDI Holdings Limited (JBDI)vs › | $4.66M | 3.20 | 3.20 | 1.62 | 1.47 |
| Baiya International Group Inc. (BIYA)vs › | $3.57M | 12.55 | 3.28 | 2.23 | 1.97 |
| Addentax Group Corp. (ATXG)vs › | $3.45M | 3.69 | 7.46 | 6.93 | 4.79 |
| Hydrofarm Holdings Group, Inc. (HYFM)vs › | $4.77M | 0.12 | 0.70 | 0.96 | 1.18 |
Quick Ratio
2.37
Excludes inventory
Current Ratio
2.37
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 | 2.37 |
| 2025-06-30 | 2.54 |
| 2024-12-31 | 2.24 |
| 2024-06-30 | 2.17 |
| 2023-12-31 | 2.19 |
| 2023-06-30 | 2.15 |
| 2022-12-31 | 2.11 |
| 2022-06-30 | 1.68 |
| 2021-12-31 | 1.55 |
