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 3.24 is 108% above its 5-year average of 1.55, near the high end of its 5-year range (0.90–3.42).
As of the fiscal period ended Tuesday, March 31, 2026. 60.53% above its 12-month average of 2.02.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.24
QUICK RATIO (ACID-TEST) AVG TTM
2.02
QUICK RATIO (ACID-TEST) AVG 3Y
1.62
QUICK RATIO (ACID-TEST) AVG 5Y
1.32
QUICK RATIO (ACID-TEST) AVG 10Y
1.83
QUICK RATIO (ACID-TEST) AVG 15Y
1.88
QUICK RATIO (ACID-TEST) AVG 20Y
1.84
CURRENT VS TTM AVG
+60.53%
CURRENT VS 3Y AVG
+100.17%
CURRENT VS 5Y AVG
+144.24%
CURRENT VS 10Y AVG
+77.03%
CURRENT VS 15Y AVG
+71.84%
CURRENT VS 20Y AVG
+75.44%
SECTOR MEDIAN · TECHNOLOGY
1.79
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+80.74%
vs the sector median at left
LightPath Technologies, Inc.
Market Cap
$785.72M
Quick Ratio (Acid-Test)
3.24
TTM Avg
2.02
3Y Avg
1.62
5Y Avg
1.32
Market Cap
$762.08M
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.04
3Y Avg
1.68
5Y Avg
4.21
Market Cap
$962.52M
Quick Ratio (Acid-Test)
8.34
TTM Avg
8.39
3Y Avg
6.62
5Y Avg
6.04
Market Cap
$596.28M
Quick Ratio (Acid-Test)
1.66
TTM Avg
1.61
3Y Avg
1.73
5Y Avg
1.98
Market Cap
$572.28M
Quick Ratio (Acid-Test)
N/A
TTM Avg
7.84
3Y Avg
8.76
5Y Avg
8.76
Market Cap
$1.17B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.67
3Y Avg
1.69
5Y Avg
3.24
Market Cap
$1.21B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.70
3Y Avg
1.05
5Y Avg
1.11
Market Cap
$342.07M
Quick Ratio (Acid-Test)
8.45
TTM Avg
17.23
3Y Avg
22.02
5Y Avg
38.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LightPath Technologies, Inc. (LPTH) | $785.72M | 3.24 | 2.02 | 1.62 | 1.32 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $762.08M | N/A | 1.04 | 1.68 | 4.21 |
| Red Cat Holdings, Inc. (RCAT)vs › | $962.52M | 8.34 | 8.39 | 6.62 | 6.04 |
| Methode Electronics, Inc. (MEI)vs › | $596.28M | 1.66 | 1.61 | 1.73 | 1.98 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $572.28M | N/A | 7.84 | 8.76 | 8.76 |
| PagerDuty, Inc. (PD)vs › | $1.06B | N/A | 1.94 | 2.15 | 2.52 |
| POET Technologies Inc. (POET)vs › | $1.17B | N/A | 1.67 | 1.69 | 3.24 |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.21B | N/A | 0.70 | 1.05 | 1.11 |
| Nano Dimension Ltd. (NNDM)vs › | $342.07M | 8.45 | 17.23 | 22.02 | 38.31 |
| One Stop Systems, Inc. (OSS)vs › | $327.07M | 2.51 | 5.24 | 3.94 | 3.37 |
Quick Ratio
3.24
Excludes inventory
Current Ratio
3.86
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 | 3.24 |
| 2025-12-31 | 3.42 |
| 2025-09-30 | 1.26 |
| 2025-06-30 | 0.91 |
| 2025-03-31 | 1.26 |
| 2024-12-31 | 0.90 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.12 |
| 2024-03-31 | 1.13 |
| 2023-12-31 | 1.16 |
| 2023-09-30 | 1.46 |
| 2023-06-30 | 2.10 |
| 2023-03-31 | 2.04 |
| 2022-12-31 | 1.42 |
| 2022-09-30 | 1.31 |
| 2022-06-30 | 1.45 |
| 2022-03-31 | 1.47 |
| 2021-12-31 | 1.52 |
| 2021-09-30 | 1.33 |
| 2021-06-30 | 1.43 |
| 2021-03-31 | 1.67 |
| 2020-12-31 | 1.54 |
| 2020-09-30 | 1.65 |
| 2020-06-30 | 1.66 |
| 2020-03-31 | 1.88 |
| 2019-12-31 | 1.69 |
| 2019-09-30 | 1.54 |
| 2019-06-30 | 1.88 |
| 2019-03-31 | 2.13 |
| 2018-12-31 | 2.07 |
| 2018-09-30 | 2.25 |
| 2018-06-30 | 2.24 |
| 2018-03-31 | 2.46 |
| 2017-12-31 | 2.74 |
| 2017-09-30 | 2.29 |
| 2017-06-30 | 2.55 |
| 2017-03-31 | 2.50 |
| 2016-12-31 | 2.38 |
| 2016-09-30 | 2.13 |
| 2016-06-30 | 2.28 |
| 2016-03-31 | 2.47 |
| 2015-12-31 | 2.60 |
| 2015-09-30 | 2.11 |
| 2015-06-30 | 1.92 |
| 2015-03-31 | 1.76 |
| 2014-12-31 | 1.21 |
| 2014-09-30 | 1.31 |
| 2014-06-30 | 1.69 |
| 2014-03-31 | 2.30 |
| 2013-12-31 | 2.59 |
| 2013-09-30 | 2.94 |
| 2013-06-30 | 2.66 |
| 2013-03-31 | 2.50 |
| 2012-12-31 | 1.60 |
| 2012-09-30 | 1.70 |
| 2012-06-30 | 2.72 |
| 2012-03-31 | 1.45 |
| 2011-12-31 | 1.52 |
| 2011-09-30 | 1.56 |
| 2011-06-30 | 1.95 |
| 2011-03-31 | 1.83 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.48 |
| 2010-06-30 | 3.36 |
| 2010-03-31 | 1.71 |
| 2009-12-31 | 1.79 |
| 2009-09-30 | 1.88 |
| 2009-06-30 | 1.13 |
| 2009-03-31 | 1.03 |
| 2008-12-31 | 1.35 |
| 2008-09-30 | 1.51 |
| 2008-06-30 | 0.66 |
| 2008-03-31 | 0.82 |
| 2007-12-31 | 1.40 |
| 2007-09-30 | 2.14 |
| 2007-06-30 | 1.33 |
| 2007-03-31 | 2.17 |
| 2006-12-31 | 2.37 |
| 2006-09-30 | 2.05 |
| 2006-06-30 | 2.14 |
| 2006-03-31 | 2.99 |
| 2005-12-31 | 1.39 |
| 2005-09-30 | 1.76 |
| 2005-06-30 | 2.55 |
| 2005-03-31 | 2.28 |
| 2004-12-31 | 1.85 |
| 2004-09-30 | 1.96 |
| 2004-06-30 | 2.85 |
| 2004-03-31 | 4.33 |
| 2003-12-31 | 2.53 |
| 2003-09-30 | 3.69 |
| 2003-06-30 | 3.93 |
| 2003-03-31 | 5.02 |
| 2002-12-31 | 4.21 |
| 2002-09-30 | 4.44 |
| 2002-06-30 | 3.59 |