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 1.84 is 47% below its 1-year average of 3.45, near the low end of its 1-year range (0.08–8.53).
As of the fiscal period ended Tuesday, June 30, 2026. 55.43% below its 12-month average of 4.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.84.
QUICK RATIO (ACID-TEST)
1.84
QUICK RATIO (ACID-TEST) AVG TTM
4.12
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
-55.43%
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 · FINANCIAL SERVICES
1.42
median of 205 covered companies
CURRENT VS SECTOR MEDIAN
+29.29%
vs the sector median at left
LightWave Acquisition Corp.
Market Cap
$311.28M
Quick Ratio (Acid-Test)
1.84
TTM Avg
4.12
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$311.67M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$310.79M
Quick Ratio (Acid-Test)
0.11
TTM Avg
7.36
3Y Avg
7.36
5Y Avg
7.36
Market Cap
$310.43M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$307.99M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$307.63M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$316.05M
Quick Ratio (Acid-Test)
43.94
TTM Avg
1552.25
3Y Avg
1552.25
5Y Avg
1552.25
Market Cap
$316.10M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$306.28M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LightWave Acquisition Corp. (LWAC) | $311.28M | 1.84 | 4.12 | N/A | N/A |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.67M | N/A | N/A | N/A | N/A |
| Launch Two Acquisition Corp. Class A (LPBB)vs › | $310.79M | 0.11 | 7.36 | 7.36 | 7.36 |
| D. Boral Acquisition I Corp. Class A Ordinary Shares (DBCA)vs › | $310.43M | N/A | N/A | N/A | N/A |
| Columbus Circle Cap Corp. Iii (CCCT)vs › | $307.99M | N/A | N/A | N/A | N/A |
| Velos Acquisition I Corp. (VLOS)vs › | $307.63M | N/A | N/A | N/A | N/A |
| Andretti Acquisition Corp. II (POLE)vs › | $316.05M | 43.94 | 1552.25 | 1552.25 | 1552.25 |
| DeFi Development Corp. (CHAD)vs › | $316.10M | N/A | N/A | N/A | N/A |
| First Community Corporation (FCCO)vs › | $306.28M | N/A | N/A | N/A | N/A |
| Archimedes Tech SPAC Partners II Co. Ordinary Shares (ATII)vs › | $316.61M | 0.00 | 10.72 | 10.72 | 10.72 |
Quick Ratio
1.84
Excludes inventory
Current Ratio
1.84
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 | 1.84 |
| 2026-03-31 | 4.08 |
| 2025-12-31 | 5.98 |
| 2025-09-30 | 8.53 |
| 2025-06-30 | 0.17 |
| 2025-03-31 | 0.08 |
