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 2.74 is 85% above its 2-year average of 1.48, near the high end of its 2-year range (0.84–2.74).
As of the fiscal period ended Tuesday, September 30, 2025. 53.24% above its 12-month average of 1.79.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-09-30): 2.74.
QUICK RATIO (ACID-TEST)
2.74
QUICK RATIO (ACID-TEST) AVG TTM
1.79
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
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
+53.24%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.34
median of 408 covered companies
CURRENT VS SECTOR MEDIAN
+104.56%
vs the sector median at left
Ping An Biomedical Co., Ltd.
Market Cap
$2.31M
Quick Ratio (Acid-Test)
2.74
TTM Avg
1.79
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.16M
Quick Ratio (Acid-Test)
1.78
TTM Avg
5.68
3Y Avg
3.84
5Y Avg
3.37
Market Cap
$2.06M
Quick Ratio (Acid-Test)
0.12
TTM Avg
0.17
3Y Avg
0.13
5Y Avg
0.09
Market Cap
$2.07M
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.74
3Y Avg
0.75
5Y Avg
0.80
Market Cap
$1.92M
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.48
3Y Avg
1.19
5Y Avg
1.14
Market Cap
$1.91M
Quick Ratio (Acid-Test)
2.39
TTM Avg
2.04
3Y Avg
1.72
5Y Avg
1.58
Market Cap
$2.73M
Quick Ratio (Acid-Test)
11.11
TTM Avg
9.20
3Y Avg
5.47
5Y Avg
4.17
Market Cap
$2.73M
Quick Ratio (Acid-Test)
9.58
TTM Avg
5.21
3Y Avg
3.19
5Y Avg
2.99
Market Cap
$1.88M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.96
3Y Avg
1.94
5Y Avg
1.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ping An Biomedical Co., Ltd. (PASW) | $2.31M | 2.74 | 1.79 | N/A | N/A |
| Mint Incorporation Limited (MIMI)vs › | $2.16M | 1.78 | 5.68 | 3.84 | 3.37 |
| Greenwave Technology Solutions, Inc. (GWAV)vs › | $2.06M | 0.12 | 0.17 | 0.13 | 0.09 |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.07M | 0.78 | 0.74 | 0.75 | 0.80 |
| Jayud Global Logistics Limited (JYD)vs › | $1.92M | 1.51 | 1.48 | 1.19 | 1.14 |
| Galaxy Payroll Group Limited (GLXG)vs › | $1.91M | 2.39 | 2.04 | 1.72 | 1.58 |
| Top KingWin Ltd. Class A (DPU)vs › | $2.73M | 11.11 | 9.20 | 5.47 | 4.17 |
| Globavend Holdings Limited (GVH)vs › | $2.73M | 9.58 | 5.21 | 3.19 | 2.99 |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.88M | 1.81 | 1.96 | 1.94 | 1.90 |
| DEFSEC Technologies Inc. (DFSC)vs › | $2.75M | 1.95 | 1.67 | 1.12 | 1.58 |
Quick Ratio
2.74
Excludes inventory
Current Ratio
2.76
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) |
|---|---|
| 2025-09-30 | 2.74 |
| 2024-09-30 | 0.84 |
| 2024-03-31 | 0.87 |