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 0.40 is 49% below its 5-year average of 0.79, near the low end of its 5-year range (0.00–1.36).
As of the fiscal period ended Tuesday, June 30, 2026. 27.20% below its 12-month average of 0.55.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 0.40.
QUICK RATIO (ACID-TEST)
0.40
QUICK RATIO (ACID-TEST) AVG TTM
0.55
QUICK RATIO (ACID-TEST) AVG 3Y
0.65
QUICK RATIO (ACID-TEST) AVG 5Y
0.79
QUICK RATIO (ACID-TEST) AVG 10Y
0.87
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-27.20%
CURRENT VS 3Y AVG
-37.94%
CURRENT VS 5Y AVG
-49.10%
CURRENT VS 10Y AVG
-53.95%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
0.71
median of 68 covered companies
CURRENT VS SECTOR MEDIAN
-43.42%
vs the sector median at left
ReNew Energy Global Plc
Market Cap
$2.50B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.55
3Y Avg
0.65
5Y Avg
0.79
Market Cap
$2.66B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.91
3Y Avg
0.91
5Y Avg
0.95
Market Cap
$2.31B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.94B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
Market Cap
$1.99B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.63
3Y Avg
0.67
5Y Avg
0.61
Market Cap
$3.25B
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.93
3Y Avg
0.93
5Y Avg
0.93
Market Cap
$1.48B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.18
3Y Avg
1.13
5Y Avg
0.94
Market Cap
$999.69M
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.40
3Y Avg
0.51
5Y Avg
0.51
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ReNew Energy Global Plc (RNW) | $2.50B | 0.40 | 0.55 | 0.65 | 0.79 |
| H2O America (HTO)vs › | $2.43B | 1.62 | 0.71 | 0.65 | 0.60 |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 0.79 | 0.91 | 0.91 | 0.95 |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.31B | N/A | N/A | N/A | N/A |
| Avista Corporation (AVA)vs › | $2.94B | 0.69 | 0.58 | 0.61 | 0.56 |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 0.55 | 0.63 | 0.67 | 0.61 |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 1.00 | 0.93 | 0.93 | 0.93 |
| Fluence Energy, Inc. (FLNC)vs › | $1.48B | 0.89 | 1.18 | 1.13 | 0.94 |
| Middlesex Water Company (MSEX)vs › | $999.69M | 0.41 | 0.40 | 0.51 | 0.51 |
| XPLR Infrastructure, LP (XIFR)vs › | $971.48M | 1.14 | 0.76 | 1.05 | 1.06 |
Quick Ratio
0.40
Excludes inventory
Current Ratio
0.43
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 | 0.40 |
| 2026-03-31 | 0.37 |
| 2025-12-31 | 0.52 |
| 2025-09-30 | 0.74 |
| 2025-06-30 | 0.73 |
| 2025-03-31 | 0.58 |
| 2024-12-31 | 0.59 |
| 2024-09-30 | 0.64 |
| 2024-06-30 | 0.66 |
| 2024-03-31 | 0.72 |
| 2023-12-31 | 0.84 |
| 2023-09-30 | 0.87 |
| 2023-06-30 | 0.75 |
| 2023-03-31 | 0.94 |
| 2022-12-31 | 1.00 |
| 2022-09-30 | 1.25 |
| 2022-06-30 | 1.16 |
| 2022-03-31 | 1.33 |
| 2021-12-31 | 1.12 |
| 2021-09-30 | 1.36 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 1.50 |
| 2020-12-31 | 1.89 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 1.60 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 1.30 |
| 2019-06-30 | 1.30 |
| 2019-03-31 | 0.87 |
| 2018-12-31 | 0.87 |
| 2018-09-30 | 1.36 |
| 2018-06-30 | 1.36 |
| 2018-03-31 | 0.92 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.44 |
| 2017-06-30 | 1.44 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 1.02 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
