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 6.19 is 38% below its 5-year average of 9.96, near the low end of its 5-year range (5.02–51.07).
As of the fiscal period ended Tuesday, June 30, 2026. 42.44% below its 12-month average of 10.75.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.19.
QUICK RATIO (ACID-TEST)
6.19
QUICK RATIO (ACID-TEST) AVG TTM
10.75
QUICK RATIO (ACID-TEST) AVG 3Y
7.80
QUICK RATIO (ACID-TEST) AVG 5Y
9.96
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
-42.44%
CURRENT VS 3Y AVG
-20.66%
CURRENT VS 5Y AVG
-37.90%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+257.57%
vs the sector median at left
Palladyne AI Corp.
Market Cap
$253.23M
Quick Ratio (Acid-Test)
6.19
TTM Avg
10.75
3Y Avg
7.80
5Y Avg
9.96
Market Cap
$251.26M
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.63
3Y Avg
1.73
5Y Avg
1.67
Market Cap
$242.10M
Quick Ratio (Acid-Test)
1.07
TTM Avg
2.24
3Y Avg
2.54
5Y Avg
2.42
Market Cap
$264.86M
Quick Ratio (Acid-Test)
2.03
TTM Avg
2.42
3Y Avg
3.60
5Y Avg
4.53
Market Cap
$265.86M
Quick Ratio (Acid-Test)
6.56
TTM Avg
6.14
3Y Avg
3.53
5Y Avg
3.83
Market Cap
$266.51M
Quick Ratio (Acid-Test)
25.09
TTM Avg
8.23
3Y Avg
18.80
5Y Avg
18.80
Market Cap
$240.17M
Quick Ratio (Acid-Test)
30.32
TTM Avg
27.45
3Y Avg
16.05
5Y Avg
17.02
Market Cap
$268.14M
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.07
3Y Avg
1.14
5Y Avg
1.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palladyne AI Corp. (PDYN) | $253.23M | 6.19 | 10.75 | 7.80 | 9.96 |
| Conduent Incorporated (CNDT)vs › | $251.26M | 1.55 | 1.63 | 1.73 | 1.67 |
| Vuzix Corp. (VUZI)vs › | $243.65M | 5.24 | 7.74 | 6.74 | 11.60 |
| Bgin Blockchain Limited (BGIN)vs › | $242.10M | 1.07 | 2.24 | 2.54 | 2.42 |
| Commerce.com, Inc. (CMRC)vs › | $264.86M | 2.03 | 2.42 | 3.60 | 4.53 |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $265.86M | 6.56 | 6.14 | 3.53 | 3.83 |
| Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU)vs › | $266.51M | 25.09 | 8.23 | 18.80 | 18.80 |
| Aeluma, Inc. (ALMU)vs › | $240.17M | 30.32 | 27.45 | 16.05 | 17.02 |
| Turtle Beach Corporation (TBCH)vs › | $268.14M | 1.30 | 1.07 | 1.14 | 1.16 |
| Immersion Corporation (IMMR)vs › | $237.99M | 2.14 | 1.10 | 3.71 | 5.70 |
Quick Ratio
6.19
Excludes inventory
Current Ratio
6.30
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 | 6.19 |
| 2026-03-31 | 7.69 |
| 2025-12-31 | 9.22 |
| 2025-09-30 | 13.54 |
| 2025-06-30 | 17.10 |
| 2025-03-31 | 16.00 |
| 2024-12-31 | 9.62 |
| 2024-09-30 | 5.02 |
| 2024-06-30 | 6.47 |
| 2024-03-31 | 6.81 |
| 2023-12-31 | 5.20 |
| 2023-09-30 | 7.59 |
| 2023-06-30 | 8.42 |
| 2023-03-31 | 11.10 |
| 2022-12-31 | 11.92 |
| 2022-09-30 | 14.51 |
| 2022-06-30 | 16.59 |
| 2022-03-31 | 37.64 |
| 2021-12-31 | 36.90 |
| 2021-09-30 | 51.07 |
| 2021-06-30 | 6.30 |
