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 1.21 is in line with its 2-year average of 1.14, near the high end of its 2-year range (1.04–1.21).
As of the fiscal period ended Tuesday, March 31, 2026. 2.55% above its 12-month average of 1.18.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.18
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
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
+2.55%
CURRENT VS 3Y AVG
N/A
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 · BASIC MATERIALS
1.48
median of 132 covered companies
CURRENT VS SECTOR MEDIAN
-17.76%
vs the sector median at left
Julong Holding Limited
Market Cap
$81.04M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.18
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$78.23M
Quick Ratio (Acid-Test)
2.40
TTM Avg
2.65
3Y Avg
2.61
5Y Avg
1.77
Market Cap
$73.18M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.36
3Y Avg
1.43
5Y Avg
2.01
Market Cap
$64.72M
Quick Ratio (Acid-Test)
5.16
TTM Avg
3.24
3Y Avg
2.63
5Y Avg
2.84
Market Cap
$95.09M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.35
3Y Avg
1.31
5Y Avg
1.31
Market Cap
$64.56M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.18
3Y Avg
0.16
5Y Avg
1.46
Market Cap
$53.40M
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.27
3Y Avg
0.24
5Y Avg
2.97
Market Cap
$51.25M
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.64
3Y Avg
0.80
5Y Avg
0.80
Market Cap
$118.31M
Quick Ratio (Acid-Test)
3.31
TTM Avg
2.43
3Y Avg
2.21
5Y Avg
2.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Julong Holding Limited (JLHL) | $81.04M | 1.21 | 1.18 | N/A | N/A |
| Atlas Lithium Corporation (ATLX)vs › | $78.23M | 2.40 | 2.65 | 2.61 | 1.77 |
| Northern Technologies International Corporation (NTIC)vs › | $73.18M | 1.15 | 1.36 | 1.43 | 2.01 |
| Nexmetals Mining Corp. (NEXM)vs › | $64.72M | 5.16 | 3.24 | 2.63 | 2.84 |
| Caesarstone Ltd. (CSTE)vs › | $95.09M | 1.05 | 1.35 | 1.31 | 1.31 |
| Namib Minerals (NAMM)vs › | $64.56M | 0.23 | 0.18 | 0.16 | 1.46 |
| Electra Battery Materials Corporation (ELBM)vs › | $53.40M | 0.88 | 0.27 | 0.24 | 2.97 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.25M | 0.33 | 0.64 | 0.80 | 0.80 |
| Smith-Midland Corporation (SMID)vs › | $118.31M | 3.31 | 2.43 | 2.21 | 2.17 |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.34M | 0.12 | 0.32 | 0.22 | 0.18 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
1.21
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) |
|---|---|
| 2026-03-31 | 1.21 |
| 2025-12-31 | 1.20 |
| 2025-09-30 | 1.21 |
| 2025-03-31 | 1.10 |
| 2024-09-30 | 1.08 |
| 2024-03-31 | 1.04 |