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 0.79 is 23% below its 5-year average of 1.02, near the low end of its 5-year range (0.55–1.55).
As of the fiscal period ended Tuesday, June 30, 2026. 0.73% below its 12-month average of 0.79.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.79.
QUICK RATIO (ACID-TEST)
0.79
QUICK RATIO (ACID-TEST) AVG TTM
0.79
QUICK RATIO (ACID-TEST) AVG 3Y
0.99
QUICK RATIO (ACID-TEST) AVG 5Y
1.02
QUICK RATIO (ACID-TEST) AVG 10Y
1.34
QUICK RATIO (ACID-TEST) AVG 15Y
1.65
QUICK RATIO (ACID-TEST) AVG 20Y
1.44
CURRENT VS TTM AVG
-0.73%
CURRENT VS 3Y AVG
-20.26%
CURRENT VS 5Y AVG
-22.72%
CURRENT VS 10Y AVG
-41.44%
CURRENT VS 15Y AVG
-52.22%
CURRENT VS 20Y AVG
-45.19%
SECTOR MEDIAN · UTILITIES
0.71
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
+10.87%
vs the sector median at left
MGE Energy, Inc.
Market Cap
$2.66B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.79
3Y Avg
0.99
5Y Avg
1.02
Market Cap
$2.50B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.47
3Y Avg
0.65
5Y Avg
0.91
Market Cap
$2.94B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
Market Cap
$2.33B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.28B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.93
3Y Avg
0.93
5Y Avg
0.93
Market Cap
$1.99B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.63
3Y Avg
0.67
5Y Avg
0.61
Market Cap
$1.48B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.18
3Y Avg
1.13
5Y Avg
0.94
Market Cap
$4.05B
Quick Ratio (Acid-Test)
8.62
TTM Avg
3.17
3Y Avg
3.17
5Y Avg
3.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MGE Energy, Inc. (MGEE) | $2.66B | 0.79 | 0.79 | 0.99 | 1.02 |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 0.40 | 0.47 | 0.65 | 0.91 |
| H2O America (HTO)vs › | $2.43B | 1.62 | 0.71 | 0.65 | 0.60 |
| Avista Corporation (AVA)vs › | $2.94B | 0.69 | 0.58 | 0.61 | 0.56 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.33B | N/A | N/A | N/A | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.28B | 1.00 | 0.93 | 0.93 | 0.93 |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 0.55 | 0.63 | 0.67 | 0.61 |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | 0.89 | 1.18 | 1.13 | 0.94 |
| Fervo Energy Company (FRVO)vs › | $4.05B | 8.62 | 3.17 | 3.17 | 3.17 |
| Northwestern Energy Group Inc (NWE)vs › | $4.25B | 0.58 | 0.45 | 0.53 | 0.60 |
Quick Ratio
0.79
Excludes inventory
Current Ratio
1.14
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 | 0.79 |
| 2026-03-31 | 0.83 |
| 2025-12-31 | 0.55 |
| 2025-09-30 | 0.59 |
| 2025-06-30 | 1.20 |
| 2025-03-31 | 1.49 |
| 2024-12-31 | 1.27 |
| 2024-09-30 | 0.94 |
| 2024-06-30 | 0.90 |
| 2024-03-31 | 1.09 |
| 2023-12-31 | 1.05 |
| 2023-09-30 | 1.17 |
| 2023-06-30 | 0.95 |
| 2023-03-31 | 1.05 |
| 2022-12-31 | 0.75 |
| 2022-09-30 | 0.64 |
| 2022-06-30 | 0.83 |
| 2022-03-31 | 1.55 |
| 2021-12-31 | 1.25 |
| 2021-09-30 | 1.49 |
| 2021-06-30 | 1.00 |
| 2021-03-31 | 0.89 |
| 2020-12-31 | 0.85 |
| 2020-09-30 | 1.30 |
| 2020-06-30 | 1.57 |
| 2020-03-31 | 1.09 |
| 2019-12-31 | 1.06 |
| 2019-09-30 | 1.03 |
| 2019-06-30 | 1.33 |
| 2019-03-31 | 1.01 |
| 2018-12-31 | 1.65 |
| 2018-09-30 | 2.39 |
| 2018-06-30 | 1.69 |
| 2018-03-31 | 2.00 |
| 2017-12-31 | 1.95 |
| 2017-09-30 | 2.47 |
| 2017-06-30 | 2.49 |
| 2017-03-31 | 2.64 |
| 2016-12-31 | 2.26 |
| 2016-09-30 | 2.38 |
| 2016-06-30 | 1.67 |
| 2016-03-31 | 1.76 |
| 2015-12-31 | 2.45 |
| 2015-09-30 | 2.58 |
| 2015-06-30 | 2.40 |
| 2015-03-31 | 2.72 |
| 2014-12-31 | 2.31 |
| 2014-09-30 | 2.18 |
| 2014-06-30 | 2.13 |
| 2014-03-31 | 1.98 |
| 2013-12-31 | 1.91 |
| 2013-09-30 | 2.19 |
| 2013-06-30 | 1.67 |
| 2013-03-31 | 2.00 |
| 2012-12-31 | 2.44 |
| 2012-09-30 | 2.98 |
| 2012-06-30 | 2.26 |
| 2012-03-31 | 2.32 |
| 2011-12-31 | 2.37 |
| 2011-09-30 | 2.46 |
| 2011-06-30 | 2.29 |
| 2011-03-31 | 2.42 |
| 2010-12-31 | 1.42 |
| 2010-09-30 | 0.94 |
| 2010-06-30 | 0.84 |
| 2010-03-31 | 0.86 |
| 2009-12-31 | 0.90 |
| 2009-09-30 | 0.54 |
| 2009-06-30 | 0.63 |
| 2009-03-31 | 0.69 |
| 2008-12-31 | 0.65 |
| 2008-09-30 | 0.50 |
| 2008-06-30 | 0.55 |
| 2008-03-31 | 0.53 |
| 2007-12-31 | 0.49 |
| 2007-09-30 | 0.49 |
| 2007-06-30 | 0.69 |
| 2007-03-31 | 0.75 |
| 2006-12-31 | 0.67 |
| 2006-09-30 | 0.66 |
| 2006-06-30 | 0.60 |
| 2006-03-31 | 0.83 |
| 2005-12-31 | 0.73 |
| 2005-09-30 | 0.69 |
| 2005-06-30 | 0.74 |
| 2005-03-31 | 0.94 |
| 2004-12-31 | 0.92 |
| 2004-09-30 | 0.95 |
| 2004-06-30 | 0.62 |
| 2004-03-31 | 0.92 |
| 2003-12-31 | 0.77 |
| 2003-09-30 | 0.72 |
| 2003-06-30 | 0.66 |
| 2003-03-31 | 0.96 |
| 2002-12-31 | 0.88 |
| 2002-09-30 | 0.74 |
