NextPlat (NXPL) Quick Ratio: History & Chart

NextPlat Corp(NXPL)

Software - Application · Hallandale Beach, FL

$9.18+0.18 (+2.00%)

Delayed quote: Oct 6, 2026, 12:04 PM EDT

About NextPlat Corp

NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.

Hallandale Beach, FL

126 employees

www.nextplat.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: David Phipps

View full financials

NXPL Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.92

QUICK RATIO (ACID-TEST) AVG TTM

2.52

QUICK RATIO (ACID-TEST) AVG 3Y

2.73

QUICK RATIO (ACID-TEST) AVG 5Y

6.08

QUICK RATIO (ACID-TEST) AVG 10Y

1.70

QUICK RATIO (ACID-TEST) AVG 15Y

1.01

QUICK RATIO (ACID-TEST) AVG 20Y

0.94

CURRENT VS TTM AVG

-23.80%

CURRENT VS 3Y AVG

-29.59%

CURRENT VS 5Y AVG

-68.40%

CURRENT VS 10Y AVG

+13.24%

CURRENT VS 15Y AVG

+90.14%

CURRENT VS 20Y AVG

+104.85%

SECTOR MEDIAN · TECHNOLOGY

1.72

median of 588 covered companies

CURRENT VS SECTOR MEDIAN

+11.64%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
NextPlat Corp (NXPL)	$24.86M	1.92	2.52	2.73	6.08
Orion Digital Corp. (ORIO)vs ›	$24.85M	1.45	1.50	1.53	1.63
Research Frontiers Incorporated (REFR)vs ›	$24.79M	3.54	7.03	10.81	13.42
DarkHorse Technologies Inc. (DRK)vs ›	$24.64M	N/A	N/A	N/A	N/A
MindForge Inc (MF)vs ›	$24.25M	20.55	8.00	4.56	3.40
Key Tronic Corporation (KTCC)vs ›	$24.11M	1.20	1.34	1.46	1.38
Exascale Labs Holdings Inc. (XLAB)vs ›	$23.97M	N/A	N/A	N/A	N/A
BeLive Holdings (BLIV)vs ›	$26.51M	17.14	8.68	5.57	4.88
Aware, Inc. (AWRE)vs ›	$23.12M	3.73	3.98	4.79	5.54
Franklin Wireless Corp. (FKWL)vs ›	$26.81M	2.32	2.88	3.24	3.76

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

NextPlat Corp (NXPL)

$24.86M

1.92

2.52

2.73

6.08

Orion Digital Corp. (ORIO)vs ›

$24.85M

1.45

1.50

1.53

1.63

Research Frontiers Incorporated (REFR)vs ›

$24.79M

3.54

7.03

10.81

13.42

DarkHorse Technologies Inc. (DRK)vs ›

$24.64M

N/A

MindForge Inc (MF)vs ›

$24.25M

20.55

8.00

4.56

3.40

Key Tronic Corporation (KTCC)vs ›

$24.11M

1.20

1.34

1.46

1.38

Exascale Labs Holdings Inc. (XLAB)vs ›

$23.97M

N/A

BeLive Holdings (BLIV)vs ›

$26.51M

17.14

8.68

5.57

4.88

Aware, Inc. (AWRE)vs ›

$23.12M

3.73

3.98

4.79

5.54

Franklin Wireless Corp. (FKWL)vs ›

$26.81M

2.32

2.88

3.24

3.76

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for NextPlat Corp (NXPL)?

The quick ratio (acid-test) for NXPL stock is 1.92.

Is NextPlat Corp's quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.92 is 68% below its 5-year average of 6.08, near the low end of its 5-year range (1.92–14.48).

What is the TTM average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The TTM average quick ratio (acid-test) for NXPL stock is 2.52.

What is the 3Y average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The 3Y average quick ratio (acid-test) for NXPL stock is 2.73.

What is the 5Y average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The 5Y average quick ratio (acid-test) for NXPL stock is 6.08.

What is the 10Y average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The 10Y average quick ratio (acid-test) for NXPL stock is 1.70.

What is the 15Y average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The 15Y average quick ratio (acid-test) for NXPL stock is 1.01.

What is the 20Y average quick ratio (acid-test) for NextPlat Corp (NXPL)?

The 20Y average quick ratio (acid-test) for NXPL stock is 0.94.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	1.92
2026-03-31	2.12
2025-12-31	2.27
2025-09-30	2.80
2025-06-30	3.49
2025-03-31	3.08
2024-12-31	3.24
2024-09-30	3.04
2024-06-30	2.93
2024-03-31	2.49
2023-12-31	2.70
2023-09-30	2.64
2023-06-30	12.36
2023-03-31	7.82
2022-12-31	9.65
2022-09-30	9.35
2022-06-30	14.25
2022-03-31	13.46
2021-12-31	6.60
2021-09-30	14.48
2021-06-30	6.93
2021-03-31	0.60
2020-12-31	0.67
2020-09-30	0.73
2020-06-30	0.30
2020-03-31	0.26
2019-12-31	0.35
2019-09-30	0.40
2019-06-30	0.60
2019-03-31	0.33
2018-12-31	0.42
2018-09-30	0.55
2018-06-30	0.80
2018-03-31	0.51
2017-12-31	0.62
2017-09-30	0.82
2017-06-30	0.90
2017-03-31	0.58
2016-12-31	0.65
2016-09-30	0.54
2016-06-30	0.78
2016-03-31	1.32
2015-12-31	1.23
2015-09-30	0.79
2015-06-30	0.97
2015-03-31	1.10
2014-12-31	0.19
2014-09-30	0.51
2014-05-17	0.08
2013-12-31	0.00
2013-09-30	0.00
2013-06-30	0.00
2013-03-31	0.00
2012-12-31	0.00
2012-09-30	0.01
2012-06-30	0.01
2012-03-31	0.04
2011-12-31	0.08
2011-09-30	0.03
2011-05-16	0.02
2010-12-31	0.03
2010-09-30	0.12
2010-06-30	0.27
2010-03-31	0.14
2009-12-31	0.00
2009-09-30	0.12
2009-06-30	0.13
2009-03-31	0.14
2008-12-31	0.23
2008-09-30	0.92
2008-06-30	0.74
2008-03-31	0.24
2007-12-31	0.51
2007-09-30	1.19
2007-06-30	1.08
2007-03-31	1.59
2006-12-31	2.38
2006-09-30	4.35
2006-06-30	55.68
2006-03-31	2.51
2005-12-31	1.54
2005-09-30	0.08
2005-06-30	0.00
2005-03-03	0.00
2004-12-31	0.00
2004-09-30	0.06
2004-06-30	0.48
2004-03-31	1.09
2003-12-31	0.00
2003-09-30	0.00
2003-06-30	0.17
2003-03-31	0.31

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

1.92

2026-03-31

2.12

2025-12-31

2.27

2025-09-30

2.80

2025-06-30

3.49

2025-03-31

3.08

2024-12-31

3.24

2024-09-30

3.04

2024-06-30

2.93

2024-03-31

2.49

2023-12-31

2.70

2023-09-30

2.64

2023-06-30

12.36

2023-03-31

7.82

2022-12-31

9.65

2022-09-30

9.35

2022-06-30

14.25

2022-03-31

13.46

2021-12-31

6.60

2021-09-30

14.48

2021-06-30

6.93

2021-03-31

0.60

2020-12-31

0.67

2020-09-30

0.73

2020-06-30

0.30

2020-03-31

0.26

2019-12-31

0.35

2019-09-30

0.40

2019-06-30

0.60

2019-03-31

0.33

2018-12-31

0.42

2018-09-30

0.55

2018-06-30

0.80

2018-03-31

0.51

2017-12-31

0.62

2017-09-30

0.82

2017-06-30

0.90

2017-03-31

0.58

2016-12-31

0.65

2016-09-30

0.54

2016-06-30

0.78

2016-03-31

1.32

2015-12-31

1.23

2015-09-30

0.79

2015-06-30

0.97

2015-03-31

1.10

2014-12-31

0.19

2014-09-30

0.51

2014-05-17

0.08

2013-12-31

0.00

2013-09-30

0.00

2013-06-30

0.00

2013-03-31

0.00

2012-12-31

0.00

2012-09-30

0.01

2012-06-30

0.01

2012-03-31

0.04

2011-12-31

0.08

2011-09-30

0.03

2011-05-16

0.02

2010-12-31

0.03

2010-09-30

0.12

2010-06-30

0.27

2010-03-31

0.14

2009-12-31

0.00

2009-09-30

0.12

2009-06-30

0.13

2009-03-31

0.14

2008-12-31

0.23

2008-09-30

0.92

2008-06-30

0.74

2008-03-31

0.24

2007-12-31

0.51

2007-09-30

1.19

2007-06-30

1.08

2007-03-31

1.59

2006-12-31

2.38

2006-09-30

4.35

2006-06-30

55.68

2006-03-31

2.51

2005-12-31

1.54

2005-09-30

0.08

2005-06-30

0.00

2005-03-03

0.00

2004-12-31

0.00

2004-09-30

0.06

2004-06-30

0.48

2004-03-31

1.09

2003-12-31

0.00

2003-09-30

0.00

2003-06-30

0.17

2003-03-31

0.31

Quick Ratio (Acid-Test): 1.92

NXPL Quick Ratio

NXPL Average Quick Ratio (Acid-Test) Chart

NXPL Current vs Average Quick Ratio (Acid-Test) Chart

NXPL Quick Ratio (Acid-Test) Metrics

NXPL Competitors' Quick Ratio (Acid-Test)

Liquidity Comparison

Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

NXPL Quick Ratio (Acid-Test) History

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