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 0.65 is 25% below its 5-year average of 0.88, near the low end of its 5-year range (0.61–1.17).
As of the fiscal period ended Tuesday, March 31, 2026. 7.34% below its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.65
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.74
QUICK RATIO (ACID-TEST) AVG 5Y
0.88
QUICK RATIO (ACID-TEST) AVG 10Y
0.95
QUICK RATIO (ACID-TEST) AVG 15Y
0.98
QUICK RATIO (ACID-TEST) AVG 20Y
1.05
CURRENT VS TTM AVG
-7.34%
CURRENT VS 3Y AVG
-11.58%
CURRENT VS 5Y AVG
-25.47%
CURRENT VS 10Y AVG
-31.47%
CURRENT VS 15Y AVG
-33.46%
CURRENT VS 20Y AVG
-37.95%
SECTOR MEDIAN · UTILITIES
0.71
median of 32 covered companies
CURRENT VS SECTOR MEDIAN
-8.13%
vs the sector median at left
The AES Corporation
Market Cap
$10.47B
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.70
3Y Avg
0.74
5Y Avg
0.88
Market Cap
$10.11B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.58
3Y Avg
0.64
5Y Avg
0.68
Market Cap
$12.21B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.36
3Y Avg
0.49
5Y Avg
0.55
Market Cap
$8.31B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.23
3Y Avg
1.53
5Y Avg
1.35
Market Cap
$15.23B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.32
3Y Avg
1.46
5Y Avg
1.31
Market Cap
$5.43B
Quick Ratio (Acid-Test)
0.53
TTM Avg
0.94
3Y Avg
0.74
5Y Avg
0.71
Market Cap
$3.23B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The AES Corporation (AES) | $10.47B | 0.65 | 0.70 | 0.74 | 0.88 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.11B | 0.74 | 0.58 | 0.64 | 0.68 |
| Pinnacle West Capital Corporation (PNW)vs › | $12.21B | 0.39 | 0.36 | 0.49 | 0.55 |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 1.02 | 1.23 | 1.53 | 1.35 |
| UGI Corporation (UGI)vs › | $7.66B | 0.87 | 0.65 | 0.82 | 0.88 |
| Oklo Inc. (OKLO)vs › | $7.42B | N/A | 46.27 | 28.38 | 27.49 |
| Talen Energy Corporation (TLN)vs › | $15.23B | 1.05 | 1.32 | 1.46 | 1.31 |
| Black Hills Corporation (BKH)vs › | $5.43B | 0.53 | 0.94 | 0.74 | 0.71 |
| Avista Corporation (AVA)vs › | $3.23B | 0.69 | 0.58 | 0.61 | 0.56 |
| Fluence Energy, Inc. (FLNC)vs › | $2.81B | 0.77 | 1.18 | 1.13 | 0.94 |
Quick Ratio
0.65
Excludes inventory
Current Ratio
0.73
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) |
|---|---|
| 2026-03-31 | 0.65 |
| 2025-12-31 | 0.69 |
| 2025-09-30 | 0.66 |
| 2025-06-30 | 0.74 |
| 2025-03-31 | 0.78 |
| 2024-12-31 | 0.73 |
| 2024-09-30 | 0.80 |
| 2024-06-30 | 0.91 |
| 2024-03-31 | 0.71 |
| 2023-12-31 | 0.61 |
| 2023-09-30 | 0.74 |
| 2023-06-30 | 0.84 |
| 2023-03-31 | 1.00 |
| 2022-12-31 | 1.01 |
| 2022-09-30 | 1.12 |
| 2022-06-30 | 1.01 |
| 2022-03-31 | 0.95 |
| 2021-12-31 | 1.00 |
| 2021-09-30 | 1.10 |
| 2021-06-30 | 1.17 |
| 2021-03-31 | 1.15 |
| 2020-12-31 | 0.92 |
| 2020-09-30 | 0.94 |
| 2020-06-30 | 1.00 |
| 2020-03-31 | 0.97 |
| 2019-12-31 | 0.93 |
| 2019-09-30 | 1.00 |
| 2019-06-30 | 1.24 |
| 2019-03-31 | 1.21 |
| 2018-12-31 | 1.01 |
| 2018-09-30 | 1.10 |
| 2018-06-30 | 1.18 |
| 2018-03-31 | 1.00 |
| 2017-12-31 | 0.97 |
| 2017-09-30 | 0.89 |
| 2017-06-30 | 0.89 |
| 2017-03-31 | 1.10 |
| 2016-12-31 | 1.10 |
| 2016-09-30 | 1.17 |
| 2016-06-30 | 1.08 |
| 2016-03-31 | 0.95 |
| 2015-12-31 | 0.89 |
| 2015-09-30 | 1.00 |
| 2015-06-30 | 1.03 |
| 2015-03-31 | 1.05 |
| 2014-12-31 | 1.02 |
| 2014-09-30 | 1.01 |
| 2014-06-30 | 1.00 |
| 2014-03-31 | 0.93 |
| 2013-12-31 | 0.92 |
| 2013-09-30 | 0.94 |
| 2013-06-30 | 0.85 |
| 2013-03-31 | 0.92 |
| 2012-12-31 | 0.93 |
| 2012-09-30 | 1.05 |
| 2012-06-30 | 1.06 |
| 2012-03-31 | 1.10 |
| 2011-12-31 | 1.00 |
| 2011-09-30 | 1.30 |
| 2011-06-30 | 1.32 |
| 2011-03-31 | 1.07 |
| 2010-12-31 | 1.10 |
| 2010-09-30 | 1.30 |
| 2010-06-30 | 1.42 |
| 2010-03-31 | 1.43 |
| 2009-12-31 | 1.24 |
| 2009-09-30 | 1.31 |
| 2009-06-30 | 1.38 |
| 2009-03-31 | 1.48 |
| 2008-12-31 | 1.30 |
| 2008-09-30 | 1.44 |
| 2008-06-30 | 1.43 |
| 2008-03-31 | 1.30 |
| 2007-12-31 | 1.43 |
| 2007-09-30 | 1.27 |
| 2007-06-30 | 1.25 |
| 2007-03-31 | 1.26 |
| 2006-12-31 | 1.20 |
| 2006-09-30 | 1.07 |
| 2006-06-30 | 1.09 |
| 2006-03-31 | 1.01 |
| 2005-12-31 | 0.88 |
| 2005-09-30 | 0.93 |
| 2005-06-30 | 0.91 |
| 2005-03-31 | 0.88 |
| 2004-12-31 | 0.94 |
| 2004-09-30 | 0.83 |
| 2004-06-30 | 0.79 |
| 2004-03-31 | 0.74 |
| 2003-12-31 | 0.70 |
| 2003-09-30 | 0.60 |
| 2003-06-30 | 0.51 |
| 2003-03-31 | 0.45 |
| 2002-12-31 | 0.61 |
| 2002-09-30 | 0.55 |
| 2002-06-30 | 0.62 |
