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 1.29 is 13% above its 5-year average of 1.14, near the low end of its 5-year range (0.72–3.89).
As of the fiscal period ended Friday, July 31, 2026. 19.06% above its 12-month average of 1.08.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 1.29.
QUICK RATIO (ACID-TEST)
1.29
QUICK RATIO (ACID-TEST) AVG TTM
1.08
QUICK RATIO (ACID-TEST) AVG 3Y
1.04
QUICK RATIO (ACID-TEST) AVG 5Y
1.14
QUICK RATIO (ACID-TEST) AVG 10Y
2.46
QUICK RATIO (ACID-TEST) AVG 15Y
2.83
QUICK RATIO (ACID-TEST) AVG 20Y
4.69
CURRENT VS TTM AVG
+19.06%
CURRENT VS 3Y AVG
+24.08%
CURRENT VS 5Y AVG
+13.08%
CURRENT VS 10Y AVG
-47.62%
CURRENT VS 15Y AVG
-54.45%
CURRENT VS 20Y AVG
-72.54%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 438 covered companies
CURRENT VS SECTOR MEDIAN
-5.59%
vs the sector median at left
RF Industries, Ltd.
Market Cap
$94.09M
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.08
3Y Avg
1.04
5Y Avg
1.14
Market Cap
$97.33M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.19
3Y Avg
0.83
5Y Avg
0.83
Market Cap
$88.66M
Quick Ratio (Acid-Test)
5.67
TTM Avg
5.36
3Y Avg
5.36
5Y Avg
5.36
Market Cap
$99.43M
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.12
3Y Avg
1.20
5Y Avg
1.15
Market Cap
$101.57M
Quick Ratio (Acid-Test)
1.73
TTM Avg
0.66
3Y Avg
0.60
5Y Avg
0.56
Market Cap
$102.65M
Quick Ratio (Acid-Test)
0.82
TTM Avg
3.92
3Y Avg
2.66
5Y Avg
2.45
Market Cap
$83.92M
Quick Ratio (Acid-Test)
8.23
TTM Avg
8.27
3Y Avg
4.66
5Y Avg
4.66
Market Cap
$83.17M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.91
3Y Avg
2.42
5Y Avg
2.99
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| RF Industries, Ltd. (RFIL) | $94.09M | 1.29 | 1.08 | 1.04 | 1.14 |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $97.33M | 1.15 | 1.19 | 0.83 | 0.83 |
| Hadron Energy, Inc. (HDRN)vs › | $88.66M | 5.67 | 5.36 | 5.36 | 5.36 |
| Arq, Inc. (ARQ)vs › | $88.00M | 0.61 | 0.70 | 2.00 | 2.27 |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $99.43M | 1.18 | 1.12 | 1.20 | 1.15 |
| Broadwind, Inc. (BWEN)vs › | $101.57M | 1.73 | 0.66 | 0.60 | 0.56 |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.65M | 0.82 | 3.92 | 2.66 | 2.45 |
| Safe Pro Group Inc. Common Stock (SPAI)vs › | $83.92M | 8.23 | 8.27 | 4.66 | 4.66 |
| Byrna Technologies Inc. (BYRN)vs › | $83.17M | 1.86 | 1.91 | 2.42 | 2.99 |
| Air T, Inc. (AIRT)vs › | $82.90M | 0.61 | 0.85 | 0.83 | 1.04 |
Quick Ratio
1.29
Excludes inventory
Current Ratio
2.02
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) |
|---|---|
| 2026-07-31 | 1.29 |
| 2026-04-30 | 1.11 |
| 2026-01-31 | 1.05 |
| 2025-10-31 | 1.02 |
| 2025-07-31 | 0.95 |
| 2025-04-30 | 0.98 |
| 2025-01-31 | 0.90 |
| 2024-10-31 | 0.80 |
| 2024-07-31 | 0.78 |
| 2024-04-30 | 0.72 |
| 2024-01-31 | 1.32 |
| 2023-10-31 | 1.38 |
| 2023-07-31 | 1.21 |
| 2023-04-30 | 1.30 |
| 2023-01-31 | 1.25 |
| 2022-10-31 | 1.29 |
| 2022-07-31 | 1.64 |
| 2022-04-30 | 1.53 |
| 2022-01-31 | 2.83 |
| 2021-10-31 | 3.15 |
| 2021-07-31 | 3.89 |
| 2021-04-30 | 4.79 |
| 2021-01-31 | 3.11 |
| 2020-10-31 | 3.34 |
| 2020-07-31 | 3.65 |
| 2020-04-30 | 3.51 |
| 2020-01-31 | 3.82 |
| 2019-10-31 | 4.18 |
| 2019-07-31 | 4.46 |
| 2019-04-30 | 4.84 |
| 2019-01-31 | 5.37 |
| 2018-10-31 | 4.54 |
| 2018-07-31 | 3.44 |
| 2018-04-30 | 1.99 |
| 2018-01-31 | 2.46 |
| 2017-10-31 | 2.97 |
| 2017-07-31 | 2.99 |
| 2017-04-30 | 2.51 |
| 2017-01-31 | 2.84 |
| 2016-10-31 | 2.76 |
| 2016-07-31 | 2.94 |
| 2016-04-30 | 3.34 |
| 2016-01-31 | 2.91 |
| 2015-10-31 | 2.92 |
| 2015-07-31 | 2.73 |
| 2015-04-30 | 4.70 |
| 2015-01-31 | 3.87 |
| 2014-10-31 | 7.70 |
| 2014-07-31 | 8.13 |
| 2014-04-30 | 11.31 |
| 2014-01-31 | 9.12 |
| 2013-10-31 | 6.55 |
| 2013-07-31 | 5.17 |
| 2013-04-30 | 5.02 |
| 2013-01-31 | 3.80 |
| 2012-10-31 | 2.91 |
| 2012-07-31 | 3.31 |
| 2012-04-30 | 3.95 |
| 2012-01-31 | 3.85 |
| 2011-10-31 | 2.93 |
| 2011-07-31 | 2.44 |
| 2011-04-30 | 7.51 |
| 2011-01-31 | 7.83 |
| 2010-10-31 | 6.88 |
| 2010-07-31 | 10.00 |
| 2010-04-30 | 12.55 |
| 2010-01-31 | 10.57 |
| 2009-10-31 | 11.08 |
| 2009-07-31 | 12.88 |
| 2009-04-30 | 10.61 |
| 2009-01-31 | 10.35 |
| 2008-10-31 | 8.13 |
| 2008-07-31 | 7.46 |
| 2008-04-30 | 6.90 |
| 2008-01-31 | 7.85 |
| 2007-10-31 | 9.72 |
| 2007-07-31 | 8.57 |
| 2007-04-30 | 11.55 |
| 2007-01-31 | 10.64 |
| 2006-10-31 | 5.28 |
| 2006-07-31 | 6.28 |
| 2006-04-30 | 9.14 |
| 2006-01-31 | 11.20 |
| 2005-10-31 | 9.74 |
| 2005-07-31 | 11.68 |
| 2005-04-30 | 9.17 |
| 2005-01-31 | 8.90 |
| 2004-10-31 | 11.49 |
| 2004-07-31 | 13.71 |
| 2004-04-30 | 6.83 |
| 2004-01-31 | 11.17 |
| 2003-10-31 | 9.20 |
| 2003-07-31 | 9.55 |
| 2003-04-30 | 12.82 |
| 2003-01-31 | 11.22 |
| 2002-10-31 | 12.27 |