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 2.11 is in line with its 5-year average of 1.99, around the middle of its 5-year range (1.70–3.00).
As of the fiscal period ended Saturday, June 27, 2026. 1.67% above its 12-month average of 2.07.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-27): 2.11.
QUICK RATIO (ACID-TEST)
2.11
QUICK RATIO (ACID-TEST) AVG TTM
2.07
QUICK RATIO (ACID-TEST) AVG 3Y
2.23
QUICK RATIO (ACID-TEST) AVG 5Y
1.99
QUICK RATIO (ACID-TEST) AVG 10Y
1.71
QUICK RATIO (ACID-TEST) AVG 15Y
1.62
QUICK RATIO (ACID-TEST) AVG 20Y
1.52
CURRENT VS TTM AVG
+1.67%
CURRENT VS 3Y AVG
-5.65%
CURRENT VS 5Y AVG
+6.13%
CURRENT VS 10Y AVG
+23.10%
CURRENT VS 15Y AVG
+29.99%
CURRENT VS 20Y AVG
+38.50%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
+53.82%
vs the sector median at left
Transcat, Inc.
Market Cap
$840.51M
Quick Ratio (Acid-Test)
2.11
TTM Avg
2.07
3Y Avg
2.23
5Y Avg
1.99
Market Cap
$841.08M
Quick Ratio (Acid-Test)
7.97
TTM Avg
12.79
3Y Avg
10.54
5Y Avg
9.04
Market Cap
$841.80M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.11
3Y Avg
2.26
5Y Avg
3.86
Market Cap
$823.73M
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.80
3Y Avg
0.84
5Y Avg
0.67
Market Cap
$803.87M
Quick Ratio (Acid-Test)
2.42
TTM Avg
1.32
3Y Avg
2.90
5Y Avg
3.76
Market Cap
$877.37M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.11
3Y Avg
1.08
5Y Avg
1.08
Market Cap
$877.96M
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.24
5Y Avg
1.82
Market Cap
$802.81M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$885.48M
Quick Ratio (Acid-Test)
79.18
TTM Avg
34.72
3Y Avg
29.39
5Y Avg
29.39
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Transcat, Inc. (TRNS) | $840.51M | 2.11 | 2.07 | 2.23 | 1.99 |
| Kornit Digital Ltd. (KRNT)vs › | $841.08M | 7.97 | 12.79 | 10.54 | 9.04 |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $841.80M | 1.11 | 1.11 | 2.26 | 3.86 |
| Republic Airways Holdings Inc. (RJET)vs › | $823.73M | 0.84 | 0.80 | 0.84 | 0.67 |
| PureCycle Technologies, Inc. (PCT)vs › | $803.87M | 2.42 | 1.32 | 2.90 | 3.76 |
| Aebi Schmidt Holding AG (AEBI)vs › | $877.37M | 1.14 | 1.11 | 1.08 | 1.08 |
| Heartland Express, Inc. (HTLD)vs › | $877.96M | 1.58 | 1.06 | 1.24 | 1.82 |
| Paysign, Inc. (PAYS)vs › | $802.81M | 1.14 | 1.10 | 1.10 | 1.10 |
| Nano Nuclear Energy Inc. (NNE)vs › | $885.48M | 79.18 | 34.72 | 29.39 | 29.39 |
| Cryoport, Inc. (CYRX)vs › | $897.16M | 1.98 | 3.50 | 8.07 | 8.68 |
Quick Ratio
2.11
Excludes inventory
Current Ratio
2.49
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) |
|---|---|
| 2026-06-27 | 2.11 |
| 2026-03-28 | 1.99 |
| 2025-12-27 | 1.85 |
| 2025-09-27 | 2.06 |
| 2025-06-28 | 2.36 |
| 2025-03-31 | 1.87 |
| 2024-12-28 | 1.98 |
| 2024-09-28 | 3.00 |
| 2024-06-29 | 2.39 |
| 2024-03-31 | 2.62 |
| 2023-12-23 | 2.81 |
| 2023-09-23 | 1.76 |
| 2023-06-24 | 2.04 |
| 2023-03-31 | 1.79 |
| 2022-12-24 | 1.75 |
| 2022-09-24 | 1.84 |
| 2022-06-25 | 1.85 |
| 2022-03-31 | 1.70 |
| 2021-12-25 | 1.77 |
| 2021-09-25 | 2.02 |
| 2021-06-26 | 1.80 |
| 2021-03-31 | 1.48 |
| 2020-12-26 | 1.74 |
| 2020-09-26 | 1.54 |
| 2020-06-27 | 1.73 |
| 2020-03-31 | 1.64 |
| 2019-12-28 | 1.53 |
| 2019-09-28 | 1.60 |
| 2019-06-29 | 1.38 |
| 2019-03-31 | 1.39 |
| 2018-12-29 | 1.45 |
| 2018-09-29 | 1.32 |
| 2018-06-30 | 1.33 |
| 2018-03-31 | 1.32 |
| 2017-12-23 | 1.38 |
| 2017-09-23 | 1.53 |
| 2017-06-24 | 1.68 |
| 2017-03-31 | 1.28 |
| 2016-12-24 | 1.12 |
| 2016-09-24 | 1.08 |
| 2016-06-25 | 1.25 |
| 2016-03-31 | 1.24 |
| 2015-12-26 | 1.52 |
| 2015-09-26 | 1.49 |
| 2015-06-27 | 1.69 |
| 2015-03-31 | 1.71 |
| 2014-12-27 | 1.74 |
| 2014-09-27 | 1.71 |
| 2014-06-28 | 1.70 |
| 2014-03-31 | 1.40 |
| 2013-12-28 | 1.39 |
| 2013-09-28 | 1.59 |
| 2013-06-29 | 1.73 |
| 2013-03-31 | 1.43 |
| 2012-12-29 | 1.42 |
| 2012-09-29 | 1.44 |
| 2012-06-30 | 1.60 |
| 2012-03-31 | 1.29 |
| 2011-12-24 | 1.21 |
| 2011-09-24 | 1.45 |
| 2011-06-25 | 1.25 |
| 2011-03-31 | 1.18 |
| 2010-12-25 | 1.04 |
| 2010-09-25 | 0.92 |
| 2010-06-26 | 1.13 |
| 2010-03-31 | 1.10 |
| 2009-12-26 | 1.12 |
| 2009-09-26 | 1.16 |
| 2009-06-27 | 1.48 |
| 2009-03-31 | 1.53 |
| 2008-12-27 | 1.61 |
| 2008-09-27 | 1.28 |
| 2008-06-28 | 1.22 |
| 2008-03-31 | 1.29 |
| 2007-12-29 | 1.22 |
| 2007-09-29 | 1.45 |
| 2007-06-30 | 1.48 |
| 2007-03-31 | 1.41 |
| 2006-12-23 | 1.74 |
| 2006-09-23 | 0.99 |
| 2006-06-24 | 0.96 |
| 2006-03-31 | 0.91 |
| 2005-12-24 | 0.77 |
| 2005-09-24 | 0.73 |
| 2005-06-25 | 0.73 |
| 2005-03-31 | 0.70 |
| 2004-12-25 | 0.67 |
| 2004-09-25 | 0.61 |
| 2004-06-26 | 0.69 |
| 2004-03-31 | 0.73 |
| 2003-12-27 | 1.28 |
| 2003-09-27 | 1.35 |
| 2003-06-28 | 1.18 |
| 2003-03-31 | 1.31 |
| 2002-12-31 | 1.07 |
| 2002-09-30 | 1.18 |
