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 8.13 is 119% above its 5-year average of 3.71, near the high end of its 5-year range (0.47–8.74).
As of the fiscal period ended Tuesday, March 31, 2026. 138.43% above its 12-month average of 3.41.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2026-03-31): 8.13.
QUICK RATIO (ACID-TEST)
8.13
QUICK RATIO (ACID-TEST) AVG TTM
3.41
QUICK RATIO (ACID-TEST) AVG 3Y
3.41
QUICK RATIO (ACID-TEST) AVG 5Y
3.71
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
+138.43%
CURRENT VS 3Y AVG
+138.20%
CURRENT VS 5Y AVG
+119.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.19
median of 759 covered companies
CURRENT VS SECTOR MEDIAN
+154.82%
vs the sector median at left
Paranovus Entertainment Technology Ltd.
Market Cap
$3.25M
Quick Ratio (Acid-Test)
8.13
TTM Avg
3.41
3Y Avg
3.41
5Y Avg
3.71
Market Cap
$3.29M
Quick Ratio (Acid-Test)
5.42
TTM Avg
3.49
3Y Avg
5.10
5Y Avg
6.32
Market Cap
$3.18M
Quick Ratio (Acid-Test)
2.44
TTM Avg
1.83
3Y Avg
3.14
5Y Avg
3.65
Market Cap
$3.35M
Quick Ratio (Acid-Test)
3.73
TTM Avg
3.25
3Y Avg
4.33
5Y Avg
4.33
Market Cap
$3.37M
Quick Ratio (Acid-Test)
0.08
TTM Avg
0.52
3Y Avg
0.43
5Y Avg
0.47
Market Cap
$3.12M
Quick Ratio (Acid-Test)
6.21
TTM Avg
4.42
3Y Avg
3.06
5Y Avg
2.22
Market Cap
$3.07M
Quick Ratio (Acid-Test)
2.35
TTM Avg
1.91
3Y Avg
2.68
5Y Avg
12.13
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paranovus Entertainment Technology Ltd. (PAVS) | $3.25M | 8.13 | 3.41 | 3.41 | 3.71 |
| Aethlon Medical, Inc. (AEMD)vs › | $3.29M | 5.42 | 3.49 | 5.10 | 6.32 |
| IceCure Medical Ltd (ICCM)vs › | $3.18M | 2.44 | 1.83 | 3.14 | 3.65 |
| MBody AI Ltd. (MBAI)vs › | $3.17M | 0.05 | 0.10 | 7.85 | 8.89 |
| Cadrenal Therapeutics, Inc. Common Stock (CVKD)vs › | $3.35M | 3.73 | 3.25 | 4.33 | 4.33 |
| Moolec Science S.A. (MLEC)vs › | $3.37M | 0.08 | 0.52 | 0.43 | 0.47 |
| Revelation Biosciences, Inc. (REVB)vs › | $3.12M | 6.21 | 4.42 | 3.06 | 2.22 |
| BioRestorative Therapies, Inc. (BRTX)vs › | $3.07M | 2.35 | 1.91 | 2.68 | 12.13 |
| Eocene Ltd. (EOCN)vs › | $3.46M | N/A | N/A | N/A | N/A |
| Evogene Ltd. (EVGN)vs › | $3.46M | 3.54 | 2.77 | 4.28 | 5.12 |
Quick Ratio
8.13
Excludes inventory
Current Ratio
8.18
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) |
|---|---|
| 2026-03-31 | 8.13 |
| 2025-09-30 | 1.08 |
| 2025-03-31 | 1.02 |
| 2024-09-30 | 8.74 |
| 2024-03-31 | 1.11 |
| 2023-09-30 | 3.34 |
| 2023-03-31 | 0.47 |
| 2022-09-30 | 1.94 |
| 2022-03-31 | 2.84 |
| 2021-09-30 | 6.56 |
| 2021-03-31 | 5.56 |
| 2020-09-30 | 12.46 |
| 2020-03-31 | 11.69 |
| 2019-09-30 | 10.39 |
| 2019-03-31 | 9.85 |
| 2018-09-30 | 0.00 |
| 2018-03-31 | 4.69 |
| 2017-09-30 | 0.00 |
