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 0.16 is 74% below its 5-year average of 0.61, near the low end of its 5-year range (0.14–1.71).
As of the fiscal period ended Tuesday, June 30, 2026. 70.80% below its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.16.
QUICK RATIO (ACID-TEST)
0.16
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.54
QUICK RATIO (ACID-TEST) AVG 5Y
0.61
QUICK RATIO (ACID-TEST) AVG 10Y
0.82
QUICK RATIO (ACID-TEST) AVG 15Y
0.80
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-70.80%
CURRENT VS 3Y AVG
-71.04%
CURRENT VS 5Y AVG
-74.39%
CURRENT VS 10Y AVG
-80.82%
CURRENT VS 15Y AVG
-80.42%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
1.13
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
-86.11%
vs the sector median at left
Phillips Edison & Co.
Market Cap
$4.82B
Quick Ratio (Acid-Test)
0.16
TTM Avg
0.54
3Y Avg
0.54
5Y Avg
0.61
Market Cap
$4.82B
Quick Ratio (Acid-Test)
43.68
TTM Avg
0.72
3Y Avg
0.70
5Y Avg
0.92
Market Cap
$4.36B
Quick Ratio (Acid-Test)
5.40
TTM Avg
3.41
3Y Avg
2.18
5Y Avg
1.78
Market Cap
$3.95B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.64
3Y Avg
0.59
5Y Avg
0.88
Market Cap
$3.85B
Quick Ratio (Acid-Test)
0.09
TTM Avg
0.37
3Y Avg
0.55
5Y Avg
0.50
Market Cap
$5.92B
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.38
3Y Avg
1.39
5Y Avg
1.35
Market Cap
$6.19B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
Market Cap
$6.23B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
Market Cap
$6.46B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.28
3Y Avg
0.28
5Y Avg
0.46
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips Edison & Co. (PECO) | $4.82B | 0.16 | 0.54 | 0.54 | 0.61 |
| Sabra Health Care REIT, Inc. (SBRA)vs › | $4.82B | 43.68 | 0.72 | 0.70 | 0.92 |
| Colliers International Group Inc. (CIGI)vs › | $4.36B | 5.40 | 3.41 | 2.18 | 1.78 |
| Americold Realty Trust, Inc. (COLD)vs › | $3.95B | 0.41 | 0.64 | 0.59 | 0.88 |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.85B | 0.09 | 0.37 | 0.55 | 0.50 |
| FirstService Corporation (FSV)vs › | $5.92B | 1.67 | 1.38 | 1.39 | 1.35 |
| Brookfield Property Partners L.P. (BPYPN)vs › | $6.19B | 0.32 | 0.28 | 0.28 | 0.46 |
| Brookfield Property Partners L.P. (BPYPO)vs › | $6.23B | 0.32 | 0.28 | 0.28 | 0.46 |
| Brookfield Property Partners L.P. (BPYPP)vs › | $6.46B | 0.32 | 0.28 | 0.28 | 0.46 |
| Park Hotels & Resorts Inc. (PK)vs › | $3.07B | 0.28 | 1.37 | 1.93 | 2.05 |
Quick Ratio
0.16
Excludes inventory
Current Ratio
0.16
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 | 0.16 |
| 2026-03-31 | 0.14 |
| 2025-12-31 | 0.66 |
| 2025-09-30 | 0.85 |
| 2025-06-30 | 0.88 |
| 2025-03-31 | 0.39 |
| 2024-12-31 | 0.69 |
| 2024-09-30 | 0.69 |
| 2024-06-30 | 0.71 |
| 2024-03-31 | 0.38 |
| 2023-12-31 | 0.40 |
| 2023-09-30 | 0.55 |
| 2023-06-30 | 1.52 |
| 2023-03-31 | 0.40 |
| 2022-12-31 | 0.55 |
| 2022-09-30 | 0.61 |
| 2022-06-30 | 0.81 |
| 2022-03-31 | 0.64 |
| 2021-12-31 | 1.70 |
| 2021-09-30 | 1.65 |
| 2021-06-30 | 1.71 |
| 2021-03-31 | 1.42 |
| 2020-12-31 | 1.11 |
| 2020-09-30 | 2.05 |
| 2020-06-30 | 1.63 |
| 2020-03-31 | 1.08 |
| 2019-12-31 | 1.22 |
| 2019-09-30 | 1.16 |
| 2019-06-30 | 0.95 |
| 2019-03-31 | 1.46 |
| 2018-12-31 | 0.64 |
| 2018-09-30 | 0.94 |
| 2018-06-30 | 0.26 |
| 2018-03-31 | 0.51 |
| 2017-12-31 | 0.76 |
| 2017-09-30 | 0.11 |
| 2017-06-30 | 0.18 |
| 2017-03-31 | 0.20 |
| 2016-12-31 | 1.10 |
| 2016-09-30 | 0.44 |
| 2016-06-30 | 0.22 |
| 2016-03-31 | 0.33 |
| 2015-12-31 | 0.97 |
| 2015-09-30 | 0.53 |
| 2015-06-30 | 0.56 |
| 2015-03-31 | 0.21 |
| 2014-12-31 | 0.46 |
| 2014-09-30 | 1.10 |
| 2014-06-30 | 1.07 |
| 2014-03-31 | 4.81 |
| 2013-12-31 | 15.77 |
| 2013-09-30 | 8.93 |
| 2013-06-30 | 2.06 |
| 2013-03-31 | 0.49 |
| 2012-12-31 | 1.92 |
| 2012-09-30 | 0.86 |
| 2012-06-30 | 586.18 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 165.00 |
| 2011-09-30 | 23.61 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 16.67 |
| 2010-09-30 | 0.00 |
