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 0.15 is 77% below its 5-year average of 0.65, near the low end of its 5-year range (0.11–1.72).
As of the fiscal period ended Tuesday, June 30, 2026. 37.82% below its 12-month average of 0.24.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.15.
QUICK RATIO (ACID-TEST)
0.15
QUICK RATIO (ACID-TEST) AVG TTM
0.24
QUICK RATIO (ACID-TEST) AVG 3Y
0.44
QUICK RATIO (ACID-TEST) AVG 5Y
0.65
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
-37.82%
CURRENT VS 3Y AVG
-66.43%
CURRENT VS 5Y AVG
-77.08%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.07
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
-86.15%
vs the sector median at left
New Fortress Energy Inc.
Market Cap
$32.84M
Quick Ratio (Acid-Test)
0.15
TTM Avg
0.24
3Y Avg
0.44
5Y Avg
0.65
Market Cap
$30.95M
Quick Ratio (Acid-Test)
0.80
TTM Avg
1.25
3Y Avg
1.53
5Y Avg
1.59
Market Cap
$28.34M
Quick Ratio (Acid-Test)
0.97
TTM Avg
1.19
3Y Avg
1.35
5Y Avg
1.38
Market Cap
$38.30M
Quick Ratio (Acid-Test)
0.23
TTM Avg
0.45
3Y Avg
0.94
5Y Avg
0.98
Market Cap
$23.84M
Quick Ratio (Acid-Test)
6.08
TTM Avg
1.36
3Y Avg
1.32
5Y Avg
1.23
Market Cap
$9.50M
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.41
3Y Avg
1.62
5Y Avg
1.52
Market Cap
$8.64M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.13
Market Cap
$7.39M
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.15
3Y Avg
8.34
5Y Avg
8.34
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Fortress Energy Inc. (NFE) | $32.84M | 0.15 | 0.24 | 0.44 | 0.65 |
| FTC Solar, Inc. (FTCI)vs › | $30.95M | 0.80 | 1.25 | 1.53 | 1.59 |
| KLX Energy Services Holdings, Inc. (KLXE)vs › | $28.34M | 0.97 | 1.19 | 1.35 | 1.38 |
| Prairie Operating Co. (PROP)vs › | $38.30M | 0.23 | 0.45 | 0.94 | 0.98 |
| Beam Global (BEEM)vs › | $24.87M | 0.78 | 1.02 | 1.08 | 4.90 |
| Ascent Solar Technologies, Inc. Common Stock (ASTI)vs › | $23.84M | 6.08 | 1.36 | 1.32 | 1.23 |
| CBL International Limited (BANL)vs › | $9.50M | 1.25 | 1.41 | 1.62 | 1.52 |
| Marine Petroleum Trust (MARPS)vs › | $8.64M | N/A | 0.01 | 0.01 | 0.13 |
| Delixy Holdings Limited Ordinary Shares (DLXY)vs › | $7.39M | 1.00 | 1.15 | 8.34 | 8.34 |
| Geospace Technologies Corporation (GEOS)vs › | $60.54M | 1.04 | 3.01 | 3.02 | 3.27 |
Quick Ratio
0.15
Excludes inventory
Current Ratio
0.16
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 | 0.15 |
| 2026-03-31 | 0.11 |
| 2025-12-31 | 0.14 |
| 2025-09-30 | 0.15 |
| 2025-06-30 | 0.64 |
| 2025-03-31 | 0.95 |
| 2024-12-31 | 0.88 |
| 2024-09-30 | 0.35 |
| 2024-06-30 | 0.63 |
| 2024-03-31 | 0.54 |
| 2023-12-31 | 0.51 |
| 2023-09-30 | 0.40 |
| 2023-06-30 | 0.28 |
| 2023-03-31 | 0.77 |
| 2022-12-31 | 0.96 |
| 2022-09-30 | 1.72 |
| 2022-06-30 | 1.11 |
| 2022-03-31 | 0.95 |
| 2021-12-31 | 0.97 |
| 2021-09-30 | 0.69 |
| 2021-06-30 | 0.65 |
| 2021-03-31 | 2.66 |
| 2020-12-31 | 3.87 |
| 2020-09-30 | 1.17 |
| 2020-06-30 | 1.18 |
| 2020-03-31 | 2.55 |
| 2019-12-31 | 1.44 |
| 2019-09-30 | 0.48 |
| 2019-06-30 | 0.52 |
| 2019-03-31 | 0.68 |
| 2018-12-31 | 0.34 |
| 2018-09-30 | 0.44 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 4.48 |
