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 -0.37 is 127% below its 5-year average of 1.36, near the low end of its 5-year range (-0.37–5.18).
As of the fiscal period ended Tuesday, June 30, 2026. 134.47% below its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): -0.37.
QUICK RATIO (ACID-TEST)
-0.37
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.40
QUICK RATIO (ACID-TEST) AVG 5Y
1.36
QUICK RATIO (ACID-TEST) AVG 10Y
1.35
QUICK RATIO (ACID-TEST) AVG 15Y
1.35
QUICK RATIO (ACID-TEST) AVG 20Y
1.97
CURRENT VS TTM AVG
-134.47%
CURRENT VS 3Y AVG
-126.42%
CURRENT VS 5Y AVG
-127.19%
CURRENT VS 10Y AVG
-127.39%
CURRENT VS 15Y AVG
-127.44%
CURRENT VS 20Y AVG
-118.70%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 501 covered companies
CURRENT VS SECTOR MEDIAN
-121.34%
vs the sector median at left
Lesaka Technologies, Inc.
Market Cap
$406.21M
Quick Ratio (Acid-Test)
-0.37
TTM Avg
1.07
3Y Avg
1.40
5Y Avg
1.36
Market Cap
$403.60M
Quick Ratio (Acid-Test)
5.14
TTM Avg
0.66
3Y Avg
0.72
5Y Avg
1.23
Market Cap
$413.88M
Quick Ratio (Acid-Test)
4.88
TTM Avg
2.31
3Y Avg
2.56
5Y Avg
2.57
Market Cap
$427.86M
Quick Ratio (Acid-Test)
3.84
TTM Avg
4.80
3Y Avg
4.69
5Y Avg
3.98
Market Cap
$381.68M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.18
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$373.82M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.67
5Y Avg
1.71
Market Cap
$439.66M
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.77
3Y Avg
0.65
5Y Avg
0.65
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lesaka Technologies, Inc. (LSAK) | $406.21M | -0.37 | 1.07 | 1.40 | 1.36 |
| Syntec Optics Holdings, Inc. (OPTX)vs › | $403.60M | 5.14 | 0.66 | 0.72 | 1.23 |
| Arqit Quantum Inc. (ARQQ)vs › | $413.88M | 4.88 | 2.31 | 2.56 | 2.57 |
| Allot Ltd. (ALLT)vs › | $414.38M | 2.01 | 2.32 | 2.23 | 2.24 |
| Everspin Technologies, Inc. (MRAM)vs › | $427.86M | 3.84 | 4.80 | 4.69 | 3.98 |
| Gloo Holdings, Inc. (GLOO)vs › | $381.68M | 1.21 | 1.18 | 1.11 | 1.11 |
| PowerFleet, Inc. (AIOT)vs › | $373.82M | 0.96 | 0.99 | 1.67 | 1.71 |
| OBOOK Holdings Inc. (OWLS)vs › | $439.66M | 0.55 | 0.77 | 0.65 | 0.65 |
| Cerence Inc. (CRNC)vs › | $366.35M | 2.07 | 1.53 | 1.52 | 1.51 |
| International Money Express, Inc. (IMXI)vs › | $365.20M | 1.96 | 2.23 | 2.12 | 2.16 |
Quick Ratio
-0.37
Excludes inventory
Current Ratio
1.59
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 | -0.37 |
| 2026-03-31 | 1.44 |
| 2025-12-31 | 1.43 |
| 2025-09-30 | 1.48 |
| 2025-06-30 | 1.37 |
| 2025-03-31 | 1.25 |
| 2024-12-31 | 0.81 |
| 2024-09-30 | 1.53 |
| 2024-06-30 | 1.44 |
| 2024-03-31 | 1.41 |
| 2023-12-31 | 1.36 |
| 2023-09-30 | 1.33 |
| 2023-06-30 | 1.34 |
| 2023-03-31 | 1.33 |
| 2022-12-31 | 1.20 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.26 |
| 2022-03-31 | 3.53 |
| 2021-12-31 | 3.33 |
| 2021-09-30 | 3.41 |
| 2021-06-30 | 5.18 |
| 2021-03-31 | 5.85 |
| 2020-12-31 | 3.21 |
| 2020-09-30 | 6.05 |
| 2020-06-30 | 4.20 |
| 2020-03-31 | 2.38 |
| 2019-12-31 | 1.15 |
| 2019-09-30 | 1.12 |
| 2019-06-30 | 1.21 |
| 2019-03-31 | 1.32 |
| 2018-12-31 | 1.29 |
| 2018-09-30 | 1.34 |
| 2018-06-30 | 1.47 |
| 2018-03-31 | 1.29 |
| 2017-12-31 | 1.28 |
| 2017-09-30 | 1.33 |
| 2017-06-30 | 1.52 |
| 2017-03-31 | 1.63 |
| 2016-12-31 | 1.71 |
| 2016-09-30 | 1.41 |
| 2016-06-30 | 1.52 |
| 2016-03-31 | 1.37 |
| 2015-12-31 | 1.60 |
| 2015-09-30 | 1.34 |
| 2015-06-30 | 1.31 |
| 2015-03-31 | 1.33 |
| 2014-12-31 | 1.40 |
| 2014-09-30 | 1.24 |
| 2014-06-30 | 1.24 |
| 2014-03-31 | 1.17 |
| 2013-12-31 | 1.20 |
| 2013-09-30 | 1.15 |
| 2013-06-30 | 1.12 |
| 2013-03-31 | 1.16 |
| 2012-12-31 | 1.21 |
| 2012-09-30 | 1.24 |
| 2012-06-30 | 1.19 |
| 2012-03-31 | 1.79 |
| 2011-12-31 | 1.47 |
| 2011-09-30 | 1.42 |
| 2011-06-30 | 1.35 |
| 2011-03-31 | 1.39 |
| 2010-12-31 | 1.31 |
| 2010-09-30 | 2.07 |
| 2010-06-30 | 2.16 |
| 2010-03-31 | 2.50 |
| 2009-12-31 | 3.03 |
| 2009-09-30 | 2.24 |
| 2009-06-30 | 3.64 |
| 2009-03-31 | 3.46 |
| 2008-12-31 | 3.31 |
| 2008-09-30 | 1.96 |
| 2008-06-30 | 4.44 |
| 2008-03-31 | 4.61 |
| 2007-12-31 | 5.73 |
| 2007-09-30 | 4.07 |
| 2007-06-30 | 4.43 |
| 2007-03-31 | 3.76 |
| 2006-12-31 | 3.46 |
| 2006-09-30 | 3.67 |
| 2006-06-30 | 5.54 |
| 2006-03-31 | 5.84 |
| 2005-12-31 | 7.53 |
| 2005-09-30 | 5.67 |
| 2005-06-30 | 4.33 |
| 2005-03-31 | 4.30 |
| 2004-12-31 | 4.10 |
| 2004-09-30 | 2.52 |
| 2004-03-31 | 0.02 |
| 2003-12-31 | 0.02 |
| 2003-09-30 | 0.21 |
| 2003-06-30 | 0.25 |
| 2003-03-31 | 0.33 |
| 2002-12-31 | 0.32 |
| 2002-09-30 | 0.32 |
| 2002-06-30 | 0.47 |