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 1.12 is 28% below its 5-year average of 1.55, near the low end of its 5-year range (1.12–2.22).
As of the fiscal period ended Tuesday, June 30, 2026. 13.13% below its 12-month average of 1.29.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.12.
QUICK RATIO (ACID-TEST)
1.12
QUICK RATIO (ACID-TEST) AVG TTM
1.29
QUICK RATIO (ACID-TEST) AVG 3Y
1.47
QUICK RATIO (ACID-TEST) AVG 5Y
1.55
QUICK RATIO (ACID-TEST) AVG 10Y
1.25
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.13%
CURRENT VS 3Y AVG
-23.92%
CURRENT VS 5Y AVG
-27.89%
CURRENT VS 10Y AVG
-10.80%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.34
median of 428 covered companies
CURRENT VS SECTOR MEDIAN
-16.57%
vs the sector median at left
Pangaea Logistics Solutions, Ltd.
Market Cap
$550.47M
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.29
3Y Avg
1.47
5Y Avg
1.55
Market Cap
$546.39M
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.59
3Y Avg
1.57
5Y Avg
1.57
Market Cap
$558.46M
Quick Ratio (Acid-Test)
3.27
TTM Avg
3.37
3Y Avg
2.40
5Y Avg
2.40
Market Cap
$534.89M
Quick Ratio (Acid-Test)
22.19
TTM Avg
23.42
3Y Avg
14.66
5Y Avg
10.09
Market Cap
$585.74M
Quick Ratio (Acid-Test)
-326.51
TTM Avg
6.74
3Y Avg
8.23
5Y Avg
9.21
Market Cap
$508.04M
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.59
3Y Avg
1.57
5Y Avg
1.57
Market Cap
$506.08M
Quick Ratio (Acid-Test)
5.38
TTM Avg
3.13
3Y Avg
2.02
5Y Avg
1.53
Market Cap
$500.87M
Quick Ratio (Acid-Test)
1.60
TTM Avg
1.96
3Y Avg
1.41
5Y Avg
1.31
Market Cap
$500.85M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pangaea Logistics Solutions, Ltd. (PANL) | $550.47M | 1.12 | 1.29 | 1.47 | 1.55 |
| Kelly Services, Inc. (KELYA)vs › | $546.39M | 1.50 | 1.59 | 1.57 | 1.57 |
| SBC Medical Group Holdings Incorporated (SBC)vs › | $558.46M | 3.27 | 3.37 | 2.40 | 2.40 |
| Roma Green Finance Limited Ordinary Shares (ROMA)vs › | $534.89M | 22.19 | 23.42 | 14.66 | 10.09 |
| Enovix Corporation (ENVX)vs › | $585.74M | -326.51 | 6.74 | 8.23 | 9.21 |
| Kelly Services, Inc. (KELYB)vs › | $508.04M | 1.50 | 1.59 | 1.57 | 1.57 |
| Euroseas Ltd. (ESEA)vs › | $506.08M | 5.38 | 3.13 | 2.02 | 1.53 |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $500.87M | 1.60 | 1.96 | 1.41 | 1.31 |
| Accelevation Holdings Corp. (ACCV)vs › | $500.85M | N/A | N/A | N/A | N/A |
| Columbus McKinnon Corporation (CMCO)vs › | $490.73M | 1.00 | 1.01 | 1.15 | 1.26 |
Quick Ratio
1.12
Excludes inventory
Current Ratio
1.38
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 | 1.12 |
| 2026-03-31 | 1.35 |
| 2025-12-31 | 1.46 |
| 2025-09-30 | 1.35 |
| 2025-06-30 | 1.15 |
| 2025-03-31 | 1.28 |
| 2024-12-31 | 1.46 |
| 2024-09-30 | 1.77 |
| 2024-06-30 | 1.82 |
| 2024-03-31 | 1.75 |
| 2023-12-31 | 1.66 |
| 2023-09-30 | 1.49 |
| 2023-06-30 | 1.44 |
| 2023-03-31 | 2.22 |
| 2022-12-31 | 2.10 |
| 2022-09-30 | 2.11 |
| 2022-06-30 | 1.53 |
| 2022-03-31 | 1.47 |
| 2021-12-31 | 1.40 |
| 2021-09-30 | 1.37 |
| 2021-06-30 | 1.27 |
| 2021-03-31 | 1.56 |
| 2020-12-31 | 0.86 |
| 2020-09-30 | 1.01 |
| 2020-06-30 | 1.42 |
| 2020-03-31 | 1.13 |
| 2019-12-31 | 1.18 |
| 2019-09-30 | 1.08 |
| 2019-06-30 | 1.17 |
| 2019-03-31 | 1.39 |
| 2018-12-31 | 1.19 |
| 2018-09-30 | 1.25 |
| 2018-06-30 | 1.17 |
| 2018-03-31 | 1.00 |
| 2017-12-31 | 0.97 |
| 2017-09-30 | 1.08 |
| 2017-06-30 | 0.92 |
| 2017-03-31 | 0.79 |
| 2016-12-31 | 0.71 |
| 2016-09-30 | 0.82 |
| 2016-06-30 | 0.79 |
| 2016-03-31 | 0.82 |
| 2015-12-31 | 0.86 |
| 2015-09-30 | 0.52 |
| 2015-06-30 | 0.51 |
| 2015-03-31 | 0.51 |
| 2014-12-31 | 0.48 |
| 2014-09-30 | 0.43 |
| 2014-06-30 | -91.77 |
| 2014-03-31 | -285.09 |
| 2013-12-31 | -1019.85 |
| 2013-09-30 | 0.05 |
| 2013-06-30 | 0.73 |
| 2013-03-31 | 0.00 |
