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 1.45 is in line with its 5-year average of 1.52, near the low end of its 5-year range (0.74–3.69).
As of the fiscal period ended Tuesday, June 30, 2026. 37.26% above its 12-month average of 1.05.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.45.
QUICK RATIO (ACID-TEST)
1.45
QUICK RATIO (ACID-TEST) AVG TTM
1.05
QUICK RATIO (ACID-TEST) AVG 3Y
1.37
QUICK RATIO (ACID-TEST) AVG 5Y
1.52
QUICK RATIO (ACID-TEST) AVG 10Y
2.51
QUICK RATIO (ACID-TEST) AVG 15Y
2.92
QUICK RATIO (ACID-TEST) AVG 20Y
3.42
CURRENT VS TTM AVG
+37.26%
CURRENT VS 3Y AVG
+5.89%
CURRENT VS 5Y AVG
-4.82%
CURRENT VS 10Y AVG
-42.38%
CURRENT VS 15Y AVG
-50.52%
CURRENT VS 20Y AVG
-57.79%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
-16.44%
vs the sector median at left
Smith Micro Software, Inc.
Market Cap
$11.73M
Quick Ratio (Acid-Test)
1.45
TTM Avg
1.05
3Y Avg
1.37
5Y Avg
1.52
Market Cap
$11.73M
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.29
3Y Avg
1.46
5Y Avg
1.59
Market Cap
$11.79M
Quick Ratio (Acid-Test)
0.18
TTM Avg
1.83
3Y Avg
0.98
5Y Avg
0.98
Market Cap
$11.63M
Quick Ratio (Acid-Test)
35.99
TTM Avg
38.75
3Y Avg
27.42
5Y Avg
23.84
Market Cap
$11.35M
Quick Ratio (Acid-Test)
1.24
TTM Avg
1.50
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$12.19M
Quick Ratio (Acid-Test)
0.34
TTM Avg
0.16
3Y Avg
0.26
5Y Avg
1.24
Market Cap
$11.24M
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.66
3Y Avg
0.75
5Y Avg
0.78
Market Cap
$10.98M
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.89
3Y Avg
1.53
5Y Avg
1.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Smith Micro Software, Inc. (SMSI) | $11.73M | 1.45 | 1.05 | 1.37 | 1.52 |
| Cheche Group Inc. (CCG)vs › | $11.73M | 1.30 | 1.29 | 1.46 | 1.59 |
| House of Doge Inc. (HODO)vs › | $11.79M | 0.18 | 1.83 | 0.98 | 0.98 |
| Wetouch Technology Inc. (WETH)vs › | $11.63M | 35.99 | 38.75 | 27.42 | 23.84 |
| Helport AI Limited (HPAI)vs › | $11.35M | 1.24 | 1.50 | 1.10 | 1.10 |
| Alpha Modus Holdings, Inc. (AMOD)vs › | $12.19M | 0.34 | 0.16 | 0.26 | 1.24 |
| Bridgeline Digital, Inc. (BLIN)vs › | $11.24M | 0.61 | 0.66 | 0.75 | 0.78 |
| Quhuo Limited (QH)vs › | $11.09M | 1.03 | 1.21 | 1.35 | 1.37 |
| Upland Software, Inc. (UPLD)vs › | $10.98M | 0.87 | 0.89 | 1.53 | 1.73 |
| ClearOne, Inc. (CLRO)vs › | $10.84M | 0.72 | 1.51 | 4.78 | 3.91 |
Quick Ratio
1.45
Excludes inventory
Current Ratio
1.45
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 | 1.45 |
| 2026-03-31 | 1.37 |
| 2025-12-31 | 0.74 |
| 2025-09-30 | 0.78 |
| 2025-06-30 | 0.93 |
| 2025-03-31 | 1.23 |
| 2024-12-31 | 1.77 |
| 2024-09-30 | 1.00 |
| 2024-06-30 | 1.53 |
| 2024-03-31 | 1.70 |
| 2023-12-31 | 2.21 |
| 2023-09-30 | 1.74 |
| 2023-06-30 | 1.30 |
| 2023-03-31 | 1.15 |
| 2022-12-31 | 1.28 |
| 2022-09-30 | 2.32 |
| 2022-06-30 | 1.91 |
| 2022-03-31 | 2.58 |
| 2021-12-31 | 3.06 |
| 2021-09-30 | 1.88 |
| 2021-06-30 | 3.69 |
| 2021-03-31 | 11.68 |
| 2020-12-31 | 4.69 |
| 2020-09-30 | 4.75 |
| 2020-06-30 | 3.82 |
| 2020-03-31 | 3.55 |
| 2019-12-31 | 6.99 |
| 2019-09-30 | 6.96 |
| 2019-06-30 | 4.16 |
| 2019-03-31 | 3.43 |
| 2018-12-31 | 5.94 |
| 2018-09-30 | 4.37 |
| 2018-06-30 | 3.94 |
| 2018-03-31 | 2.36 |
| 2017-12-31 | 1.65 |
| 2017-09-30 | 1.39 |
| 2017-06-30 | 1.11 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 1.44 |
| 2016-09-30 | 1.42 |
| 2016-06-30 | 1.77 |
| 2016-03-31 | 2.39 |
| 2015-12-31 | 3.02 |
| 2015-09-30 | 2.98 |
| 2015-06-30 | 3.13 |
| 2015-03-31 | 3.07 |
| 2014-12-31 | 2.57 |
| 2014-09-30 | 2.46 |
| 2014-06-30 | 1.94 |
| 2014-03-31 | 2.21 |
| 2013-12-31 | 2.45 |
| 2013-09-30 | 1.89 |
| 2013-06-30 | 3.61 |
| 2013-03-31 | 4.11 |
| 2012-12-31 | 5.20 |
| 2012-09-30 | 5.28 |
| 2012-06-30 | 5.27 |
| 2012-03-31 | 5.38 |
| 2011-12-31 | 5.55 |
| 2011-09-30 | 5.78 |
| 2011-06-30 | 6.65 |
| 2011-03-31 | 5.99 |
| 2010-12-31 | 7.41 |
| 2010-09-30 | 5.33 |
| 2010-06-30 | 5.30 |
| 2010-03-31 | 4.67 |
| 2009-12-31 | 4.45 |
| 2009-09-30 | 6.50 |
| 2009-06-30 | 5.18 |
| 2009-03-31 | 5.24 |
| 2008-12-31 | 5.19 |
| 2008-09-30 | 4.79 |
| 2008-06-30 | 4.47 |
| 2008-03-31 | 4.25 |
| 2007-12-31 | 12.97 |
| 2007-09-30 | 13.12 |
| 2007-06-30 | 13.37 |
| 2007-03-31 | 19.68 |
| 2006-12-31 | 20.71 |
| 2006-09-30 | 6.17 |
| 2006-06-30 | 6.65 |
| 2006-03-31 | 8.37 |
| 2005-12-31 | 7.60 |
| 2005-09-30 | 7.13 |
| 2005-06-30 | 15.91 |
| 2005-03-31 | 21.47 |
| 2004-12-31 | 6.30 |
| 2004-09-30 | 4.93 |
| 2004-06-30 | 4.25 |
| 2004-03-31 | 3.85 |
| 2003-12-31 | 4.68 |
| 2003-09-30 | 4.72 |
| 2003-06-30 | 3.63 |
| 2003-03-31 | 4.01 |
| 2002-12-31 | 3.92 |
| 2002-09-30 | 3.52 |
