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 1.30 is 19% below its 5-year average of 1.60, near the low end of its 5-year range (1.17–2.38).
As of the fiscal period ended Tuesday, June 30, 2026. 6.77% below its 12-month average of 1.39.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.30.
QUICK RATIO (ACID-TEST)
1.30
QUICK RATIO (ACID-TEST) AVG TTM
1.39
QUICK RATIO (ACID-TEST) AVG 3Y
1.58
QUICK RATIO (ACID-TEST) AVG 5Y
1.60
QUICK RATIO (ACID-TEST) AVG 10Y
1.99
QUICK RATIO (ACID-TEST) AVG 15Y
2.03
QUICK RATIO (ACID-TEST) AVG 20Y
1.75
CURRENT VS TTM AVG
-6.77%
CURRENT VS 3Y AVG
-18.04%
CURRENT VS 5Y AVG
-19.04%
CURRENT VS 10Y AVG
-34.82%
CURRENT VS 15Y AVG
-36.24%
CURRENT VS 20Y AVG
-25.80%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-5.40%
vs the sector median at left
Ultralife Corporation
Market Cap
$109.60M
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.39
3Y Avg
1.58
5Y Avg
1.60
Market Cap
$107.26M
Quick Ratio (Acid-Test)
22.76
TTM Avg
14.46
3Y Avg
8.14
5Y Avg
6.52
Market Cap
$105.49M
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.56
3Y Avg
0.60
5Y Avg
0.67
Market Cap
$114.09M
Quick Ratio (Acid-Test)
1.13
TTM Avg
0.93
3Y Avg
1.22
5Y Avg
1.26
Market Cap
$116.99M
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.69
3Y Avg
0.44
5Y Avg
0.58
Market Cap
$100.88M
Quick Ratio (Acid-Test)
0.82
TTM Avg
3.92
3Y Avg
2.66
5Y Avg
2.45
Market Cap
$99.23M
Quick Ratio (Acid-Test)
1.73
TTM Avg
0.66
3Y Avg
0.60
5Y Avg
0.56
Market Cap
$98.66M
Quick Ratio (Acid-Test)
1.18
TTM Avg
1.12
3Y Avg
1.20
5Y Avg
1.15
Market Cap
$122.73M
Quick Ratio (Acid-Test)
9.99
TTM Avg
6.95
3Y Avg
7.64
5Y Avg
6.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ultralife Corporation (ULBI) | $109.60M | 1.30 | 1.39 | 1.58 | 1.60 |
| New Horizon Aircraft Ltd (HOVR)vs › | $107.26M | 22.76 | 14.46 | 8.14 | 6.52 |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | 0.44 | 0.56 | 0.60 | 0.67 |
| Orion Energy Systems, Inc. (OESX)vs › | $114.09M | 1.13 | 0.93 | 1.22 | 1.26 |
| Mobile Infrastructure Corp (BEEP)vs › | $116.99M | 0.65 | 0.69 | 0.44 | 0.58 |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $100.88M | 0.82 | 3.92 | 2.66 | 2.45 |
| Broadwind, Inc. (BWEN)vs › | $99.23M | 1.73 | 0.66 | 0.60 | 0.56 |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $98.66M | 1.18 | 1.12 | 1.20 | 1.15 |
| Coda Octopus Group, Inc. (CODA)vs › | $122.73M | 9.99 | 6.95 | 7.64 | 6.98 |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $95.67M | 1.15 | 1.19 | 0.83 | 0.83 |
Quick Ratio
1.30
Excludes inventory
Current Ratio
2.87
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 | 1.30 |
| 2026-03-31 | 1.23 |
| 2025-12-31 | 1.39 |
| 2025-09-30 | 1.42 |
| 2025-06-30 | 1.62 |
| 2025-03-31 | 1.70 |
| 2024-12-31 | 1.56 |
| 2024-09-30 | 1.62 |
| 2024-06-30 | 2.06 |
| 2024-03-31 | 2.16 |
| 2023-12-31 | 2.02 |
| 2023-09-30 | 1.63 |
| 2023-06-30 | 1.43 |
| 2023-03-31 | 1.17 |
| 2022-12-31 | 1.31 |
| 2022-09-30 | 1.36 |
| 2022-06-30 | 1.47 |
| 2022-03-31 | 1.64 |
| 2021-12-31 | 1.76 |
| 2021-09-30 | 2.18 |
| 2021-06-30 | 2.38 |
| 2021-03-31 | 2.14 |
| 2020-12-31 | 1.94 |
| 2020-09-30 | 1.87 |
| 2020-06-30 | 2.55 |
| 2020-03-31 | 2.36 |
| 2019-12-31 | 2.36 |
| 2019-09-29 | 2.00 |
| 2019-06-30 | 1.69 |
| 2019-03-31 | 2.35 |
| 2018-12-31 | 2.97 |
| 2018-09-30 | 3.47 |
| 2018-07-01 | 3.56 |
| 2018-04-01 | 3.05 |
| 2017-12-31 | 2.50 |
| 2017-10-01 | 2.53 |
| 2017-07-02 | 2.55 |
| 2017-04-02 | 2.58 |
| 2016-12-31 | 2.30 |
| 2016-09-25 | 1.94 |
| 2016-06-26 | 1.64 |
| 2016-03-27 | 1.49 |
| 2015-12-31 | 2.59 |
| 2015-09-27 | 2.45 |
| 2015-06-28 | 2.70 |
| 2015-03-29 | 2.77 |
| 2014-12-31 | 2.75 |
| 2014-09-28 | 2.33 |
| 2014-06-29 | 2.65 |
| 2014-03-30 | 2.71 |
| 2013-12-31 | 2.72 |
| 2013-09-29 | 2.55 |
| 2013-06-30 | 1.82 |
| 2013-03-31 | 2.09 |
| 2012-12-31 | 1.68 |
| 2012-09-30 | 1.44 |
| 2012-07-01 | 1.20 |
| 2012-04-01 | 1.49 |
| 2011-12-31 | 1.26 |
| 2011-10-02 | 1.39 |
| 2011-07-03 | 1.16 |
| 2011-04-03 | 0.81 |
| 2010-12-31 | 1.17 |
| 2010-09-26 | 0.97 |
| 2010-06-27 | 0.80 |
| 2010-03-28 | 0.87 |
| 2009-12-31 | 0.84 |
| 2009-09-27 | 0.75 |
| 2009-06-28 | 0.61 |
| 2009-03-29 | 0.71 |
| 2008-12-31 | 1.08 |
| 2008-09-27 | 1.15 |
| 2008-06-28 | 0.94 |
| 2008-03-29 | 0.83 |
| 2007-12-31 | 0.79 |
| 2007-09-29 | 0.76 |
| 2007-06-30 | 0.73 |
| 2007-03-31 | 0.65 |
| 2006-12-31 | 0.75 |
| 2006-09-30 | 0.94 |
| 2006-07-01 | 1.32 |
| 2006-04-01 | 1.19 |
| 2005-12-31 | 1.08 |
| 2005-10-01 | 1.00 |
| 2005-07-02 | 1.25 |
| 2005-04-02 | 2.08 |
| 2004-12-31 | 2.75 |
| 2004-09-25 | 2.30 |
| 2004-06-26 | 1.34 |
| 2004-03-27 | 1.39 |
| 2003-12-31 | 1.25 |
| 2003-09-27 | 1.14 |
| 2003-06-30 | 1.18 |
| 2003-03-29 | 1.13 |
| 2002-09-28 | 0.86 |
| 2002-06-30 | 1.04 |