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 19.28 is in line with its 5-year average of 20.54, around the middle of its 5-year range (5.96–32.89).
As of the fiscal period ended Tuesday, June 30, 2026. 4.99% below its 12-month average of 20.30.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 19.28.
QUICK RATIO (ACID-TEST)
19.28
QUICK RATIO (ACID-TEST) AVG TTM
20.30
QUICK RATIO (ACID-TEST) AVG 3Y
21.75
QUICK RATIO (ACID-TEST) AVG 5Y
20.54
QUICK RATIO (ACID-TEST) AVG 10Y
24.04
QUICK RATIO (ACID-TEST) AVG 15Y
20.90
QUICK RATIO (ACID-TEST) AVG 20Y
17.15
CURRENT VS TTM AVG
-4.99%
CURRENT VS 3Y AVG
-11.33%
CURRENT VS 5Y AVG
-6.13%
CURRENT VS 10Y AVG
-19.80%
CURRENT VS 15Y AVG
-7.76%
CURRENT VS 20Y AVG
+12.44%
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 607 covered companies
CURRENT VS SECTOR MEDIAN
+1021.06%
vs the sector median at left
NVE Corporation
Market Cap
$564.88M
Quick Ratio (Acid-Test)
19.28
TTM Avg
20.30
3Y Avg
21.75
5Y Avg
20.54
Market Cap
$544.49M
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.61
3Y Avg
1.73
5Y Avg
1.98
Market Cap
$607.99M
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.15
3Y Avg
1.17
5Y Avg
1.37
Market Cap
$611.27M
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.94
3Y Avg
1.18
5Y Avg
1.69
Market Cap
$615.91M
Quick Ratio (Acid-Test)
2.86
TTM Avg
3.64
3Y Avg
3.66
5Y Avg
3.66
Market Cap
$620.65M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NVE Corporation (NVEC) | $564.88M | 19.28 | 20.30 | 21.75 | 20.54 |
| Braiin Ltd (BRAI)vs › | $550.57M | N/A | N/A | N/A | N/A |
| IBEX Limited (IBEX)vs › | $580.22M | 2.10 | 1.96 | 2.15 | 1.90 |
| Methode Electronics, Inc. (MEI)vs › | $544.49M | 1.65 | 1.61 | 1.73 | 1.98 |
| Docebo Inc. (DCBO)vs › | $606.14M | 0.83 | 1.17 | 1.68 | 2.60 |
| ADTRAN Holdings Inc. (ADTN)vs › | $607.99M | 1.19 | 1.15 | 1.17 | 1.37 |
| Sprout Social, Inc. (SPT)vs › | $611.27M | 1.03 | 0.94 | 1.18 | 1.69 |
| indie Semiconductor, Inc. (INDI)vs › | $615.91M | 2.86 | 3.64 | 3.66 | 3.66 |
| Climb Global Solutions, Inc. (CLMB)vs › | $620.65M | 1.11 | 1.06 | 1.07 | 1.09 |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $625.08M | 7.22 | 8.03 | 8.02 | 8.30 |
Quick Ratio
19.28
Excludes inventory
Current Ratio
23.72
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 | 19.28 |
| 2026-03-31 | 22.00 |
| 2025-12-31 | 26.69 |
| 2025-09-30 | 22.00 |
| 2025-06-30 | 11.51 |
| 2025-03-31 | 22.03 |
| 2024-12-31 | 29.94 |
| 2024-09-30 | 28.36 |
| 2024-06-30 | 14.35 |
| 2024-03-31 | 25.14 |
| 2023-12-31 | 27.01 |
| 2023-09-30 | 18.89 |
| 2023-06-30 | 15.51 |
| 2023-03-31 | 13.30 |
| 2022-12-31 | 8.20 |
| 2022-09-30 | 5.96 |
| 2022-06-30 | 28.95 |
| 2022-03-31 | 14.82 |
| 2021-12-31 | 32.89 |
| 2021-09-30 | 29.60 |
| 2021-06-30 | 14.98 |
| 2021-03-31 | 19.92 |
| 2020-12-31 | 38.50 |
| 2020-09-30 | 42.72 |
| 2020-06-30 | 23.85 |
| 2020-03-31 | 38.31 |
| 2019-12-31 | 28.37 |
| 2019-09-30 | 19.64 |
| 2019-06-30 | 14.85 |
| 2019-03-31 | 27.73 |
| 2018-12-31 | 31.32 |
| 2018-09-30 | 47.05 |
| 2018-06-30 | 21.68 |
| 2018-03-31 | 29.35 |
| 2017-12-31 | 33.63 |
| 2017-09-30 | 30.36 |
| 2017-06-30 | 14.35 |
| 2017-03-31 | 29.06 |
| 2016-12-31 | 29.56 |
| 2016-09-30 | 25.50 |
| 2016-06-30 | 8.60 |
| 2016-03-31 | 19.01 |
| 2015-12-31 | 19.06 |
| 2015-09-30 | 36.73 |
| 2015-06-30 | 13.94 |
| 2015-03-31 | 22.33 |
| 2014-12-31 | 23.15 |
| 2014-09-30 | 18.94 |
| 2014-06-30 | 6.27 |
| 2014-03-31 | 14.38 |
| 2013-12-31 | 13.86 |
| 2013-09-30 | 10.94 |
| 2013-06-30 | 7.54 |
| 2013-03-31 | 8.82 |
| 2012-12-31 | 11.51 |
| 2012-09-30 | 10.97 |
| 2012-06-30 | 8.70 |
| 2012-03-31 | 13.75 |
| 2011-12-31 | 12.44 |
| 2011-09-30 | 12.11 |
| 2011-06-30 | 5.02 |
| 2011-03-31 | 7.35 |
| 2010-12-31 | 7.06 |
| 2010-09-30 | 4.50 |
| 2010-06-30 | 2.65 |
| 2010-03-31 | 5.27 |
| 2009-12-31 | 6.11 |
| 2009-09-30 | 7.25 |
| 2009-06-30 | 2.58 |
| 2009-03-31 | 6.59 |
| 2008-12-31 | 5.92 |
| 2008-09-30 | 6.83 |
| 2008-06-30 | 3.53 |
| 2008-03-31 | 5.49 |
| 2007-12-31 | 5.27 |
| 2007-09-30 | 6.85 |
| 2007-06-30 | 6.32 |
| 2007-03-31 | 4.50 |
| 2006-12-31 | 4.91 |
| 2006-09-30 | 6.27 |
| 2006-06-30 | 8.64 |
| 2006-03-31 | 6.13 |
| 2005-12-31 | 5.44 |
| 2005-09-30 | 5.10 |
| 2005-06-30 | 4.90 |
| 2005-03-31 | 4.17 |
| 2004-12-31 | 6.71 |
| 2004-09-30 | 6.98 |
| 2004-06-30 | 6.86 |
| 2004-03-31 | 6.20 |
| 2003-12-31 | 5.00 |
| 2003-09-30 | 3.84 |
| 2003-06-30 | 3.88 |
| 2003-03-31 | 3.88 |
| 2002-12-31 | 3.57 |
| 2002-09-30 | 3.44 |
