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 0.97 is 21% below its 5-year average of 1.23, near the low end of its 5-year range (0.88–1.85).
As of the fiscal period ended Tuesday, June 30, 2026. 5.30% above its 12-month average of 0.92.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 0.97.
QUICK RATIO (ACID-TEST)
0.97
QUICK RATIO (ACID-TEST) AVG TTM
0.92
QUICK RATIO (ACID-TEST) AVG 3Y
1.07
QUICK RATIO (ACID-TEST) AVG 5Y
1.23
QUICK RATIO (ACID-TEST) AVG 10Y
1.44
QUICK RATIO (ACID-TEST) AVG 15Y
1.53
QUICK RATIO (ACID-TEST) AVG 20Y
1.57
CURRENT VS TTM AVG
+5.30%
CURRENT VS 3Y AVG
-8.85%
CURRENT VS 5Y AVG
-21.38%
CURRENT VS 10Y AVG
-32.72%
CURRENT VS 15Y AVG
-36.67%
CURRENT VS 20Y AVG
-38.20%
SECTOR MEDIAN · INDUSTRIALS
1.35
median of 466 covered companies
CURRENT VS SECTOR MEDIAN
-28.36%
vs the sector median at left
Matrix Service Company
Market Cap
$303.56M
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.92
3Y Avg
1.07
5Y Avg
1.23
Market Cap
$299.43M
Quick Ratio (Acid-Test)
9.44
TTM Avg
5.79
3Y Avg
3.27
5Y Avg
5.10
Market Cap
$299.15M
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.35
3Y Avg
0.49
5Y Avg
0.45
Market Cap
$294.67M
Quick Ratio (Acid-Test)
1.92
TTM Avg
1.85
3Y Avg
1.74
5Y Avg
1.68
Market Cap
$313.14M
Quick Ratio (Acid-Test)
92.88
TTM Avg
88.49
3Y Avg
45.50
5Y Avg
36.86
Market Cap
$317.27M
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.56
3Y Avg
0.85
5Y Avg
0.94
Market Cap
$279.16M
Quick Ratio (Acid-Test)
19.70
TTM Avg
9.18
3Y Avg
4.82
5Y Avg
4.23
Market Cap
$330.01M
Quick Ratio (Acid-Test)
5.72
TTM Avg
1.81
3Y Avg
1.15
5Y Avg
0.92
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Matrix Service Company (MTRX) | $303.56M | 0.97 | 0.92 | 1.07 | 1.23 |
| American Battery Technology Company Common Stock (ABAT)vs › | $299.43M | 9.44 | 5.79 | 3.27 | 5.10 |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $299.15M | 0.61 | 0.35 | 0.49 | 0.45 |
| RCM Technologies, Inc. (RCMT)vs › | $294.67M | 1.92 | 1.85 | 1.74 | 1.68 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $313.14M | 92.88 | 88.49 | 45.50 | 36.86 |
| FTAI Infrastructure Inc. (FIP)vs › | $317.27M | 0.28 | 0.56 | 0.85 | 0.94 |
| Velo3D, Inc. (VELO)vs › | $281.92M | 5.22 | 1.52 | 1.60 | 2.23 |
| AirJoule Technologies Corporation (AIRJ)vs › | $279.16M | 19.70 | 9.18 | 4.82 | 4.23 |
| Electrovaya Inc. (ELVA)vs › | $330.01M | 5.72 | 1.81 | 1.15 | 0.92 |
| Perma-Fix Environmental Services, Inc. (PESI)vs › | $330.35M | 1.67 | 1.89 | 1.47 | 1.35 |
Quick Ratio
0.97
Excludes inventory
Current Ratio
0.98
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 | 0.97 |
| 2026-03-31 | 0.88 |
| 2025-12-31 | 0.89 |
| 2025-09-30 | 0.91 |
| 2025-06-30 | 0.95 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.10 |
| 2024-03-31 | 1.13 |
| 2023-12-31 | 1.26 |
| 2023-09-30 | 1.38 |
| 2023-06-30 | 1.36 |
| 2023-03-31 | 1.33 |
| 2022-12-31 | 1.37 |
| 2022-09-30 | 1.63 |
| 2022-06-30 | 1.56 |
| 2022-03-31 | 1.33 |
| 2021-12-31 | 1.43 |
| 2021-09-30 | 1.58 |
| 2021-06-30 | 1.85 |
| 2021-03-31 | 1.93 |
| 2020-12-31 | 1.99 |
| 2020-09-30 | 1.91 |
| 2020-06-30 | 1.87 |
| 2020-03-31 | 1.62 |
| 2019-12-31 | 1.63 |
| 2019-09-30 | 1.51 |
| 2019-06-30 | 1.49 |
| 2019-03-31 | 1.40 |
| 2018-12-31 | 1.46 |
| 2018-09-30 | 1.45 |
| 2018-06-30 | 1.48 |
| 2018-03-31 | 1.62 |
| 2017-12-31 | 1.96 |
| 2017-09-30 | 1.72 |
| 2017-06-30 | 1.62 |
| 2017-03-31 | 1.61 |
| 2016-12-31 | 1.75 |
| 2016-09-30 | 1.70 |
| 2016-06-30 | 1.51 |
| 2016-03-31 | 1.49 |
| 2015-12-31 | 1.49 |
| 2015-09-30 | 1.62 |
| 2015-06-30 | 1.42 |
| 2015-03-31 | 1.35 |
| 2014-12-31 | 1.40 |
| 2014-09-30 | 1.43 |
| 2014-06-30 | 1.38 |
| 2014-03-31 | 1.47 |
| 2013-12-31 | 1.39 |
| 2013-09-30 | 1.80 |
| 2013-06-30 | 1.78 |
| 2013-03-31 | 1.83 |
| 2012-12-31 | 1.83 |
| 2012-09-30 | 1.92 |
| 2012-06-30 | 2.15 |
| 2012-03-31 | 2.25 |
| 2011-12-31 | 2.06 |
| 2011-09-30 | 2.15 |
| 2011-06-30 | 2.13 |
| 2011-03-31 | 2.15 |
| 2010-12-31 | 2.03 |
| 2010-09-30 | 1.89 |
| 2010-06-30 | 1.90 |
| 2010-03-31 | 2.14 |
| 2009-12-31 | 2.00 |
| 2009-09-30 | 1.86 |
| 2009-05-31 | 1.61 |
| 2009-02-28 | 1.58 |
| 2008-11-30 | 1.73 |
| 2008-08-31 | 1.53 |
| 2008-05-31 | 1.44 |
| 2008-02-29 | 1.39 |
| 2007-11-30 | 1.44 |
| 2007-08-31 | 1.55 |
| 2007-05-31 | 1.41 |
| 2007-02-28 | 1.51 |
| 2006-11-30 | 1.55 |
| 2006-08-31 | 1.46 |
| 2006-05-31 | 1.47 |
| 2006-02-28 | 1.58 |
| 2005-11-30 | 1.46 |
| 2005-08-31 | 1.23 |
| 2005-05-31 | 1.15 |
| 2005-02-28 | 0.91 |
| 2004-11-30 | 1.30 |
| 2004-08-31 | 1.27 |
| 2004-05-31 | 1.97 |
| 2004-02-29 | 1.45 |
| 2003-11-30 | 1.57 |
| 2003-08-31 | 1.14 |
| 2003-05-31 | 1.19 |
| 2003-02-28 | 1.83 |
| 2002-11-30 | 2.01 |
| 2002-08-31 | 2.15 |