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 4.51 is 24% below its 5-year average of 5.91, near the low end of its 5-year range (3.02–22.03).
As of the fiscal period ended Tuesday, June 30, 2026. 40.06% below its 12-month average of 7.53.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.51.
QUICK RATIO (ACID-TEST)
4.51
QUICK RATIO (ACID-TEST) AVG TTM
7.53
QUICK RATIO (ACID-TEST) AVG 3Y
11.34
QUICK RATIO (ACID-TEST) AVG 5Y
5.91
QUICK RATIO (ACID-TEST) AVG 10Y
7.62
QUICK RATIO (ACID-TEST) AVG 15Y
7.59
QUICK RATIO (ACID-TEST) AVG 20Y
7.21
CURRENT VS TTM AVG
-40.06%
CURRENT VS 3Y AVG
-60.20%
CURRENT VS 5Y AVG
-23.59%
CURRENT VS 10Y AVG
-40.74%
CURRENT VS 15Y AVG
-40.55%
CURRENT VS 20Y AVG
-37.42%
SECTOR MEDIAN · INDUSTRIALS
1.34
median of 408 covered companies
CURRENT VS SECTOR MEDIAN
+236.80%
vs the sector median at left
Acacia Research Corporation
Market Cap
$418.71M
Quick Ratio (Acid-Test)
4.51
TTM Avg
7.53
3Y Avg
11.34
5Y Avg
5.91
Market Cap
$419.36M
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.22
3Y Avg
0.33
5Y Avg
0.71
Market Cap
$409.23M
Quick Ratio (Acid-Test)
0.62
TTM Avg
1.41
3Y Avg
2.57
5Y Avg
2.42
Market Cap
$404.66M
Quick Ratio (Acid-Test)
49.41
TTM Avg
32.80
3Y Avg
20.61
5Y Avg
15.23
Market Cap
$392.04M
Quick Ratio (Acid-Test)
5.46
TTM Avg
3.85
3Y Avg
2.77
5Y Avg
2.77
Market Cap
$447.40M
Quick Ratio (Acid-Test)
3.59
TTM Avg
2.35
3Y Avg
2.35
5Y Avg
2.35
Market Cap
$385.48M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.09
3Y Avg
1.11
5Y Avg
1.17
Market Cap
$452.36M
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.63
3Y Avg
1.63
5Y Avg
1.63
Market Cap
$364.17M
Quick Ratio (Acid-Test)
5.99
TTM Avg
7.69
3Y Avg
7.47
5Y Avg
7.48
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Acacia Research Corporation (ACTG) | $418.71M | 4.51 | 7.53 | 11.34 | 5.91 |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $419.36M | 0.66 | 0.22 | 0.33 | 0.71 |
| Montauk Renewables, Inc. (MNTK)vs › | $409.23M | 0.62 | 1.41 | 2.57 | 2.42 |
| Aduro Clean Technologies Inc. (ADUR)vs › | $404.66M | 49.41 | 32.80 | 20.61 | 15.23 |
| Phoenix Asia Holdings Limited Ordinary Shares (PHOE)vs › | $392.04M | 5.46 | 3.85 | 2.77 | 2.77 |
| Cardinal Infrastructure Group Inc. (CDNL)vs › | $447.40M | 3.59 | 2.35 | 2.35 | 2.35 |
| L.B. Foster Company (FSTR)vs › | $385.48M | 1.15 | 1.09 | 1.11 | 1.17 |
| BUUU Group Ltd (BUUU)vs › | $452.36M | 1.12 | 1.63 | 1.63 | 1.63 |
| Energy Recovery, Inc. (ERII)vs › | $364.17M | 5.99 | 7.69 | 7.47 | 7.48 |
| Forward Air Corporation (FWRD)vs › | $476.59M | 1.32 | 1.23 | 1.43 | 1.48 |
Quick Ratio
4.51
Excludes inventory
Current Ratio
4.76
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 | 4.51 |
| 2026-03-31 | 8.09 |
| 2025-12-31 | 8.64 |
| 2025-09-30 | 8.11 |
| 2025-06-30 | 8.29 |
| 2025-03-31 | 5.81 |
| 2024-12-31 | 8.31 |
| 2024-09-30 | 15.95 |
| 2024-06-30 | 10.90 |
| 2024-03-31 | 21.02 |
| 2023-12-31 | 19.67 |
| 2023-09-30 | 22.03 |
| 2023-06-30 | 6.06 |
| 2023-03-31 | 5.44 |
| 2022-12-31 | 4.74 |
| 2022-09-30 | 4.84 |
| 2022-06-30 | 3.58 |
| 2022-03-31 | 3.02 |
| 2021-12-31 | 3.61 |
| 2021-09-30 | 3.27 |
| 2021-06-30 | 3.18 |
| 2021-03-31 | 3.50 |
| 2020-12-31 | 3.67 |
| 2020-09-30 | 2.65 |
| 2020-06-30 | 2.95 |
| 2020-03-31 | 15.16 |
| 2019-12-31 | 14.79 |
| 2019-09-30 | 26.10 |
| 2019-06-30 | 14.24 |
| 2019-03-31 | 9.25 |
| 2018-12-31 | 7.67 |
| 2018-09-30 | 9.66 |
| 2018-06-30 | 10.57 |
| 2018-03-31 | 3.84 |
| 2017-12-31 | 14.62 |
| 2017-09-30 | 5.90 |
| 2017-06-30 | 7.32 |
| 2017-03-31 | 10.69 |
| 2016-12-31 | 6.28 |
| 2016-09-30 | 4.46 |
| 2016-06-30 | 6.17 |
| 2016-03-31 | 5.27 |
| 2015-12-31 | 5.21 |
| 2015-09-30 | 6.57 |
| 2015-06-30 | 6.27 |
| 2015-03-31 | 5.80 |
| 2014-12-31 | 4.74 |
| 2014-09-30 | 6.40 |
| 2014-06-30 | 5.84 |
| 2014-03-31 | 7.06 |
| 2013-12-31 | 10.41 |
| 2013-09-30 | 9.35 |
| 2013-06-30 | 8.21 |
| 2013-03-31 | 7.02 |
| 2012-12-31 | 14.76 |
| 2012-09-30 | 11.48 |
| 2012-06-30 | 11.71 |
| 2012-03-31 | 20.21 |
| 2011-12-31 | 10.79 |
| 2011-09-30 | 7.92 |
| 2011-06-30 | 10.61 |
| 2011-03-31 | 10.25 |
| 2010-12-31 | 5.65 |
| 2010-09-30 | 3.74 |
| 2010-06-30 | 4.99 |
| 2010-03-31 | 4.58 |
| 2009-12-31 | 2.64 |
| 2009-09-30 | 2.79 |
| 2009-06-30 | 3.75 |
| 2009-03-31 | 3.26 |
| 2008-12-31 | 3.98 |
| 2008-09-30 | 4.12 |
| 2008-06-30 | 6.07 |
| 2008-03-31 | 7.77 |
| 2007-12-31 | 8.85 |
| 2007-09-30 | 6.15 |
| 2007-06-30 | 11.50 |
| 2007-03-31 | 7.97 |
| 2006-12-31 | 10.61 |
| 2006-09-30 | 6.38 |
| 2006-06-30 | 7.90 |
| 2006-03-31 | 9.52 |
| 2005-12-31 | 7.43 |
| 2005-09-30 | 10.34 |
| 2005-06-30 | 19.36 |
| 2005-03-31 | 12.64 |
| 2004-12-31 | 11.41 |
| 2004-09-30 | 11.21 |
| 2004-06-30 | 11.05 |
| 2004-03-31 | 14.95 |
| 2003-12-31 | 20.48 |
| 2003-09-30 | 2.29 |
| 2003-06-30 | 10.08 |
| 2003-03-31 | 10.46 |
| 2002-12-31 | 10.07 |
| 2002-09-30 | 2.76 |