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 0.04 is 119% above its 5-year average of 0.02, near the low end of its 5-year range (-0.54–9.81).
As of the fiscal period ended Tuesday, June 30, 2026. 51.23% above its 12-month average of 0.03.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.04.
QUICK RATIO (ACID-TEST)
0.04
QUICK RATIO (ACID-TEST) AVG TTM
0.03
QUICK RATIO (ACID-TEST) AVG 3Y
0.02
QUICK RATIO (ACID-TEST) AVG 5Y
0.02
QUICK RATIO (ACID-TEST) AVG 10Y
0.42
QUICK RATIO (ACID-TEST) AVG 15Y
6.04
QUICK RATIO (ACID-TEST) AVG 20Y
4.22
CURRENT VS TTM AVG
+51.23%
CURRENT VS 3Y AVG
+94.62%
CURRENT VS 5Y AVG
+119.03%
CURRENT VS 10Y AVG
-89.87%
CURRENT VS 15Y AVG
-99.30%
CURRENT VS 20Y AVG
-99.00%
SECTOR MEDIAN · REAL ESTATE
0.70
median of 45 covered companies
CURRENT VS SECTOR MEDIAN
-93.95%
vs the sector median at left
Annaly Capital Management, Inc.
Market Cap
$13.97B
Quick Ratio (Acid-Test)
0.04
TTM Avg
0.03
3Y Avg
0.02
5Y Avg
0.02
Market Cap
$13.64B
Quick Ratio (Acid-Test)
3.63
TTM Avg
0.31
3Y Avg
0.27
5Y Avg
0.30
Market Cap
$13.41B
Quick Ratio (Acid-Test)
2.52
TTM Avg
1.11
3Y Avg
0.74
5Y Avg
0.94
Market Cap
$13.40B
Quick Ratio (Acid-Test)
0.09
TTM Avg
0.12
3Y Avg
0.10
5Y Avg
0.11
Market Cap
$13.30B
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.00
3Y Avg
1.37
5Y Avg
1.58
Market Cap
$13.07B
Quick Ratio (Acid-Test)
2.91
TTM Avg
0.89
3Y Avg
0.81
5Y Avg
0.99
Market Cap
$14.96B
Quick Ratio (Acid-Test)
5.23
TTM Avg
2.33
3Y Avg
4.00
5Y Avg
5.34
Market Cap
$15.44B
Quick Ratio (Acid-Test)
2.77
TTM Avg
11.29
3Y Avg
6.15
5Y Avg
4.64
Market Cap
$15.45B
Quick Ratio (Acid-Test)
103.41
TTM Avg
1.17
3Y Avg
2.87
5Y Avg
3.35
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Annaly Capital Management, Inc. (NLY) | $13.97B | 0.04 | 0.03 | 0.02 | 0.02 |
| Sun Communities, Inc. (SUI)vs › | $13.64B | 3.63 | 0.31 | 0.27 | 0.30 |
| Healthpeak Properties, Inc. (DOC)vs › | $13.41B | 2.52 | 1.11 | 0.74 | 0.94 |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.40B | 0.09 | 0.12 | 0.10 | 0.11 |
| Weyerhaeuser Company (WY)vs › | $13.30B | 1.15 | 1.00 | 1.37 | 1.58 |
| Regency Centers Corporation (REG)vs › | $13.07B | 2.91 | 0.89 | 0.81 | 0.99 |
| Kimco Realty Corporation (KIM)vs › | $14.96B | 5.23 | 2.33 | 4.00 | 5.34 |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.44B | 2.77 | 11.29 | 6.15 | 4.64 |
| Invitation Homes Inc. (INVH)vs › | $15.45B | 103.41 | 1.17 | 2.87 | 3.35 |
| SBA Communications Corporation (SBAC)vs › | $16.79B | 0.17 | 0.80 | 0.66 | 0.73 |
Quick Ratio
0.04
Excludes inventory
Current Ratio
0.04
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 | 0.04 |
| 2026-03-31 | 0.03 |
| 2025-12-31 | 0.03 |
| 2025-09-30 | 0.02 |
| 2025-06-30 | 0.02 |
| 2025-03-31 | 0.02 |
| 2024-12-31 | 0.05 |
| 2024-09-30 | 0.02 |
| 2024-06-30 | 0.02 |
| 2024-03-31 | 0.03 |
| 2023-12-31 | 0.00 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 1.32 |
| 2022-12-31 | 0.00 |
| 2022-09-30 | 9.81 |
| 2022-06-30 | 2.13 |
| 2022-03-31 | 1.55 |
| 2021-12-31 | 0.01 |
| 2021-09-30 | 1.37 |
| 2021-06-30 | -0.54 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.33 |
| 2020-06-30 | 0.53 |
| 2020-03-31 | 1.33 |
| 2019-12-31 | 0.60 |
| 2019-09-30 | 1.04 |
| 2019-06-30 | 0.40 |
| 2019-03-31 | 0.41 |
| 2018-12-31 | 0.54 |
| 2018-09-30 | 0.69 |
| 2018-06-30 | 5.71 |
| 2018-03-31 | 7.92 |
| 2017-12-31 | 1.39 |
| 2017-09-30 | 8.79 |
| 2017-06-30 | 7.39 |
| 2017-03-31 | 8.24 |
| 2016-12-31 | 11.42 |
| 2016-09-30 | 22.53 |
| 2016-06-30 | 34.24 |
| 2016-03-31 | 25.42 |
| 2015-12-31 | 21.37 |
| 2015-09-30 | 27.10 |
| 2015-06-30 | 22.39 |
| 2015-03-31 | 28.44 |
| 2014-12-31 | 26.36 |
| 2014-09-30 | 21.72 |
| 2014-06-30 | 25.64 |
| 2014-03-31 | 9.10 |
| 2013-12-31 | 24.61 |
| 2013-09-30 | 19.51 |
| 2013-06-30 | 18.48 |
| 2013-03-31 | 24.67 |
| 2012-12-31 | 10.53 |
| 2012-09-30 | 5.11 |
| 2012-06-30 | 6.55 |
| 2012-03-31 | 4.79 |
| 2011-12-31 | 3.11 |
| 2011-09-30 | 4.12 |
| 2011-06-30 | 2.23 |
| 2011-03-31 | 1.03 |
| 2010-12-31 | 4.14 |
| 2010-09-30 | 17.58 |
| 2010-06-30 | 3.14 |
| 2010-03-31 | 4.43 |
| 2009-12-31 | 10.73 |
| 2009-09-30 | 2.67 |
| 2009-06-30 | 5.27 |
| 2009-03-31 | 2.55 |
| 2008-12-31 | 1.91 |
| 2008-09-30 | 16.31 |
| 2008-06-30 | 7.32 |
| 2008-03-31 | 2.70 |
| 2007-12-31 | 2.14 |
| 2007-09-30 | 5.08 |
| 2007-06-30 | 1.91 |
| 2007-03-31 | 2.66 |
| 2006-12-31 | 4.16 |
| 2006-09-30 | 2.01 |
| 2006-06-30 | 2.70 |
| 2006-03-31 | 2.09 |
| 2005-12-31 | 2.67 |
| 2005-09-30 | 2.61 |
| 2005-06-30 | 3.11 |
| 2005-03-31 | 2.46 |
| 2004-12-31 | 2.38 |
| 2004-09-30 | 3.10 |
| 2004-06-30 | 3.83 |
| 2004-03-03 | 12.00 |
| 2003-12-31 | 3.59 |
| 2003-09-30 | 16.68 |
| 2003-06-30 | 26.52 |
| 2003-03-31 | 22.30 |
| 2002-12-31 | 7.07 |
| 2002-11-05 | 4.54 |
