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 0.16 is in line with its 5-year average of 0.17, near the low end of its 5-year range (0.00–6.49).
As of the fiscal period ended Tuesday, June 30, 2026. 15.28% below its 12-month average of 0.19.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.16.
QUICK RATIO (ACID-TEST)
0.16
QUICK RATIO (ACID-TEST) AVG TTM
0.19
QUICK RATIO (ACID-TEST) AVG 3Y
0.05
QUICK RATIO (ACID-TEST) AVG 5Y
0.17
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-15.28%
CURRENT VS 3Y AVG
+206.02%
CURRENT VS 5Y AVG
-8.66%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-88.34%
vs the sector median at left
VisionWave Holdings, Inc.
Market Cap
$152.23M
Quick Ratio (Acid-Test)
0.16
TTM Avg
0.19
3Y Avg
0.05
5Y Avg
0.17
Market Cap
$151.97M
Quick Ratio (Acid-Test)
1.28
TTM Avg
0.54
3Y Avg
1.00
5Y Avg
1.51
Market Cap
$151.01M
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.55
3Y Avg
1.38
5Y Avg
1.33
Market Cap
$150.70M
Quick Ratio (Acid-Test)
17.52
TTM Avg
6.48
3Y Avg
6.48
5Y Avg
6.48
Market Cap
$150.58M
Quick Ratio (Acid-Test)
14.67
TTM Avg
0.95
3Y Avg
4.31
5Y Avg
4.31
Market Cap
$156.48M
Quick Ratio (Acid-Test)
4.60
TTM Avg
2.94
3Y Avg
38.06
5Y Avg
28.42
Market Cap
$142.93M
Quick Ratio (Acid-Test)
1.54
TTM Avg
1.58
3Y Avg
1.58
5Y Avg
1.68
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VisionWave Holdings, Inc. (VWAV) | $152.23M | 0.16 | 0.19 | 0.05 | 0.17 |
| SKYX Platforms Corp. (SKYX)vs › | $151.97M | 1.28 | 0.54 | 1.00 | 1.51 |
| The Eastern Company (EML)vs › | $151.01M | 1.32 | 1.55 | 1.38 | 1.33 |
| Factorial Energy Inc. (FAC)vs › | $150.70M | 17.52 | 6.48 | 6.48 | 6.48 |
| Merlin, Inc. (MRLN)vs › | $150.58M | 14.67 | 0.95 | 4.31 | 4.31 |
| NeoVolta Inc (NEOV)vs › | $156.48M | 4.60 | 2.94 | 38.06 | 28.42 |
| EuroDry Ltd. (EDRY)vs › | $159.01M | 1.23 | 1.29 | 1.27 | 1.17 |
| Hurco Companies, Inc. (HURC)vs › | $142.93M | 1.54 | 1.58 | 1.58 | 1.68 |
| Roze AI Inc. (RZAI)vs › | $163.63M | N/A | N/A | N/A | N/A |
| Mammoth Energy Services, Inc. (TUSK)vs › | $140.18M | 1.79 | 1.99 | 2.17 | 2.52 |
Quick Ratio
0.16
Excludes inventory
Current Ratio
0.16
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 | 0.16 |
| 2026-03-31 | 0.41 |
| 2025-09-30 | 0.19 |
| 2025-06-30 | 0.00 |
| 2025-03-31 | 0.00 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.05 |
| 2024-06-30 | 0.01 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.06 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.05 |
| 2023-03-31 | 0.02 |
| 2022-12-31 | 0.03 |
| 2022-09-30 | 0.42 |
| 2022-06-30 | 0.77 |
| 2022-03-31 | 2.02 |
| 2021-12-31 | 2.53 |
| 2021-09-30 | 6.49 |
| 2021-06-30 | 0.87 |
| 2021-03-31 | 0.00 |