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 0.68 is 45% above its 5-year average of 0.47, near the high end of its 5-year range (0.25–0.68).
As of the fiscal period ended Sunday, May 31, 2026. 24.75% above its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-05-31): 0.68.
QUICK RATIO (ACID-TEST)
0.68
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.42
QUICK RATIO (ACID-TEST) AVG 5Y
0.47
QUICK RATIO (ACID-TEST) AVG 10Y
0.53
QUICK RATIO (ACID-TEST) AVG 15Y
0.87
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+24.75%
CURRENT VS 3Y AVG
+59.39%
CURRENT VS 5Y AVG
+44.65%
CURRENT VS 10Y AVG
+28.12%
CURRENT VS 15Y AVG
-21.92%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 503 covered companies
CURRENT VS SECTOR MEDIAN
-60.87%
vs the sector median at left
SemiLEDs Corporation
Market Cap
$19.44M
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.54
3Y Avg
0.42
5Y Avg
0.47
Market Cap
$19.01M
Quick Ratio (Acid-Test)
4.85
TTM Avg
0.96
3Y Avg
0.71
5Y Avg
0.81
Market Cap
$20.16M
Quick Ratio (Acid-Test)
34.60
TTM Avg
42.85
3Y Avg
24.34
5Y Avg
16.76
Market Cap
$20.58M
Quick Ratio (Acid-Test)
4.66
TTM Avg
4.80
3Y Avg
4.48
5Y Avg
4.18
Market Cap
$20.97M
Quick Ratio (Acid-Test)
0.90
TTM Avg
0.77
3Y Avg
1.59
5Y Avg
4.10
Market Cap
$21.48M
Quick Ratio (Acid-Test)
1.56
TTM Avg
0.26
3Y Avg
0.26
5Y Avg
0.26
Market Cap
$16.76M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.27
3Y Avg
0.39
5Y Avg
0.41
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SemiLEDs Corporation (LEDS) | $19.44M | 0.68 | 0.54 | 0.42 | 0.47 |
| Firefly Neuroscience, Inc. (AIFF)vs › | $19.01M | 4.85 | 0.96 | 0.71 | 0.81 |
| MicroCloud Hologram Inc. (HOLO)vs › | $20.16M | 34.60 | 42.85 | 24.34 | 16.76 |
| MIND C.T.I. Ltd (MNDO)vs › | $20.58M | 4.66 | 4.80 | 4.48 | 4.18 |
| Katapult Holdings, Inc. (KPLT)vs › | $20.97M | 0.90 | 0.77 | 1.59 | 4.10 |
| Exyn Technologies, Inc. (EXYN)vs › | $21.48M | 1.56 | 0.26 | 0.26 | 0.26 |
| T Stamp Inc. (IDAI)vs › | $16.91M | 6.48 | 4.48 | 2.84 | 2.43 |
| Foxx Development Holdings Inc. (FOXX)vs › | $16.76M | 0.18 | 0.27 | 0.39 | 0.41 |
| Giftify, Inc. (GIFT)vs › | $22.15M | 0.58 | 0.46 | 0.38 | 0.51 |
| Intelligent Protection Management Corp. (IPM)vs › | $16.63M | 1.40 | 2.37 | 3.41 | 3.55 |
Quick Ratio
0.68
Excludes inventory
Current Ratio
1.03
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 | 0.68 |
| 2026-02-28 | 0.55 |
| 2025-11-30 | 0.58 |
| 2025-08-31 | 0.57 |
| 2025-05-31 | 0.33 |
| 2025-02-28 | 0.26 |
| 2024-11-30 | 0.25 |
| 2024-08-31 | 0.34 |
| 2024-05-31 | 0.40 |
| 2024-02-29 | 0.40 |
| 2023-11-30 | 0.35 |
| 2023-08-31 | 0.37 |
| 2023-05-31 | 0.44 |
| 2023-02-28 | 0.48 |
| 2022-11-30 | 0.57 |
| 2022-08-31 | 0.58 |
| 2022-05-31 | 0.53 |
| 2022-02-28 | 0.57 |
| 2021-11-30 | 0.56 |
| 2021-08-31 | 0.64 |
| 2021-05-31 | 0.36 |
| 2021-02-28 | 0.40 |
| 2020-11-30 | 0.45 |
| 2020-08-31 | 0.56 |
| 2020-05-31 | 0.64 |
| 2020-02-29 | 0.66 |
| 2019-11-30 | 0.58 |
| 2019-08-31 | 0.65 |
| 2019-05-31 | 0.56 |
| 2019-02-28 | 0.69 |
| 2018-11-30 | 0.44 |
| 2018-08-31 | 0.56 |
| 2018-05-31 | 0.59 |
| 2018-02-28 | 0.61 |
| 2017-11-30 | 0.68 |
| 2017-08-31 | 0.68 |
| 2017-05-31 | 0.70 |
| 2017-02-28 | 0.80 |
| 2016-11-30 | 1.59 |
| 2016-08-31 | 1.54 |
| 2016-05-31 | 1.17 |
| 2016-02-29 | 1.36 |
| 2015-11-30 | 1.00 |
| 2015-08-31 | 1.23 |
| 2015-05-31 | 1.33 |
| 2015-02-28 | 1.48 |
| 2014-11-30 | 1.62 |
| 2014-08-31 | 1.77 |
| 2014-05-31 | 2.32 |
| 2014-02-28 | 2.46 |
| 2013-11-30 | 3.02 |
| 2013-08-31 | 3.12 |
| 2013-05-31 | 4.14 |
| 2013-02-28 | 5.35 |
| 2012-11-30 | 4.65 |
| 2012-08-31 | 4.66 |
| 2012-05-31 | 4.78 |
| 2012-02-29 | 6.48 |
| 2011-11-30 | 5.98 |
| 2011-08-31 | 6.55 |
| 2011-05-31 | 9.60 |
| 2011-02-28 | 9.02 |
| 2010-11-30 | 1.67 |
| 2010-08-31 | 2.63 |
| 2010-05-31 | 3.20 |
| 2010-02-28 | 0.00 |
| 2009-11-30 | 0.00 |
| 2009-08-31 | 4.49 |
