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 3.43 is 39% above its 5-year average of 2.48, near the high end of its 5-year range (0.97–3.88).
As of the fiscal period ended Tuesday, June 30, 2026. 46.63% above its 12-month average of 2.34.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.43.
QUICK RATIO (ACID-TEST)
3.43
QUICK RATIO (ACID-TEST) AVG TTM
2.34
QUICK RATIO (ACID-TEST) AVG 3Y
2.39
QUICK RATIO (ACID-TEST) AVG 5Y
2.48
QUICK RATIO (ACID-TEST) AVG 10Y
2.05
QUICK RATIO (ACID-TEST) AVG 15Y
1.92
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+46.63%
CURRENT VS 3Y AVG
+43.56%
CURRENT VS 5Y AVG
+38.55%
CURRENT VS 10Y AVG
+67.41%
CURRENT VS 15Y AVG
+78.63%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.32
median of 382 covered companies
CURRENT VS SECTOR MEDIAN
+159.90%
vs the sector median at left
LiqTech International, Inc.
Market Cap
$16.28M
Quick Ratio (Acid-Test)
3.43
TTM Avg
2.34
3Y Avg
2.39
5Y Avg
2.48
Market Cap
$16.40M
Quick Ratio (Acid-Test)
1.46
TTM Avg
1.43
3Y Avg
1.20
5Y Avg
1.14
Market Cap
$16.01M
Quick Ratio (Acid-Test)
2.71
TTM Avg
1.40
3Y Avg
1.40
5Y Avg
1.40
Market Cap
$15.32M
Quick Ratio (Acid-Test)
0.90
TTM Avg
1.94
3Y Avg
1.80
5Y Avg
1.56
Market Cap
$17.40M
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.45
3Y Avg
0.43
5Y Avg
0.42
Market Cap
$14.88M
Quick Ratio (Acid-Test)
2.54
TTM Avg
2.81
3Y Avg
1.97
5Y Avg
1.80
Market Cap
$14.37M
Quick Ratio (Acid-Test)
0.98
TTM Avg
2.63
3Y Avg
1.71
5Y Avg
1.87
Market Cap
$14.34M
Quick Ratio (Acid-Test)
5.23
TTM Avg
6.50
3Y Avg
10.45
5Y Avg
12.80
Market Cap
$19.08M
Quick Ratio (Acid-Test)
4.64
TTM Avg
5.17
3Y Avg
5.49
5Y Avg
4.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LiqTech International, Inc. (LIQT) | $16.28M | 3.43 | 2.34 | 2.39 | 2.48 |
| High-Trend International Group (HTCO)vs › | $16.40M | 1.46 | 1.43 | 1.20 | 1.14 |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $16.01M | 2.71 | 1.40 | 1.40 | 1.40 |
| Greenpro Capital Corp. (GRNQ)vs › | $15.32M | 0.90 | 1.94 | 1.80 | 1.56 |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.40M | 0.61 | 0.45 | 0.43 | 0.42 |
| OneConstruction Group Limited (ONEG)vs › | $14.88M | 2.54 | 2.81 | 1.97 | 1.80 |
| Knightscope, Inc. (KSCP)vs › | $14.37M | 0.98 | 2.63 | 1.71 | 1.87 |
| Astrotech Corporation (ASTC)vs › | $14.34M | 5.23 | 6.50 | 10.45 | 12.80 |
| Castor Maritime Inc. (CTRM)vs › | $19.08M | 4.64 | 5.17 | 5.49 | 4.11 |
| LanzaTech Global, Inc. (LNZA)vs › | $12.84M | 2.48 | 2.29 | 3.19 | 3.53 |
Quick Ratio
3.43
Excludes inventory
Current Ratio
4.37
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) |
|---|---|
| 2026-06-30 | 3.43 |
| 2026-03-31 | 1.35 |
| 2025-12-31 | 2.01 |
| 2025-09-30 | 2.30 |
| 2025-06-30 | 2.61 |
| 2025-03-31 | 2.76 |
| 2024-12-31 | 3.08 |
| 2024-09-30 | 1.62 |
| 2024-06-30 | 1.85 |
| 2024-03-31 | 2.10 |
| 2023-12-31 | 2.24 |
| 2023-09-30 | 2.59 |
| 2023-06-30 | 3.14 |
| 2023-03-31 | 3.37 |
| 2022-12-31 | 3.88 |
| 2022-09-30 | 3.85 |
| 2022-06-30 | 3.59 |
| 2022-03-31 | 0.97 |
| 2021-12-31 | 1.34 |
| 2021-09-30 | 1.78 |
| 2021-06-30 | 2.15 |
| 2021-03-31 | 1.82 |
| 2020-12-31 | 2.05 |
| 2020-09-30 | 2.39 |
| 2020-06-30 | 2.62 |
| 2020-03-31 | 2.21 |
| 2019-12-31 | 2.16 |
| 2019-09-30 | 2.20 |
| 2019-06-30 | 2.61 |
| 2019-03-31 | 1.22 |
| 2018-12-31 | 1.50 |
| 2018-09-30 | 1.79 |
| 2018-06-30 | 2.17 |
| 2018-03-31 | 0.69 |
| 2017-12-31 | 1.00 |
| 2017-09-30 | 0.62 |
| 2017-06-30 | 0.78 |
| 2017-03-31 | 0.53 |
| 2016-12-31 | 0.67 |
| 2016-09-30 | 1.38 |
| 2016-06-30 | 1.62 |
| 2016-03-31 | 1.55 |
| 2015-12-31 | 1.51 |
| 2015-09-30 | 1.67 |
| 2015-06-30 | 1.35 |
| 2015-03-31 | 2.32 |
| 2014-12-31 | 2.38 |
| 2014-09-30 | 3.32 |
| 2014-06-30 | 1.54 |
| 2014-03-31 | 1.55 |
| 2013-12-31 | 1.76 |
| 2013-09-30 | 1.52 |
| 2013-06-30 | 1.74 |
| 2013-03-31 | 1.90 |
| 2012-12-31 | 2.05 |
| 2012-09-30 | 3.63 |
| 2012-06-30 | 4.05 |
| 2012-03-31 | 1.69 |
| 2011-12-31 | 0.88 |
| 2011-09-30 | 0.83 |
| 2011-06-30 | 0.02 |
| 2011-03-31 | 0.03 |
| 2010-12-31 | 0.47 |
| 2010-09-30 | 0.30 |
| 2010-06-30 | 0.94 |
| 2010-03-31 | 0.25 |
| 2009-12-31 | 0.44 |
| 2009-09-30 | 0.82 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |