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 2.35 is 23% above its 5-year average of 1.91, near the low end of its 5-year range (0.28–7.20).
As of the fiscal period ended Tuesday, June 30, 2026. 17.52% above its 12-month average of 2.00.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.35.
QUICK RATIO (ACID-TEST)
2.35
QUICK RATIO (ACID-TEST) AVG TTM
2.00
QUICK RATIO (ACID-TEST) AVG 3Y
1.61
QUICK RATIO (ACID-TEST) AVG 5Y
1.91
QUICK RATIO (ACID-TEST) AVG 10Y
2.49
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+17.52%
CURRENT VS 3Y AVG
+45.66%
CURRENT VS 5Y AVG
+23.02%
CURRENT VS 10Y AVG
-5.83%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.29
median of 336 covered companies
CURRENT VS SECTOR MEDIAN
+81.82%
vs the sector median at left
Aqua Metals, Inc.
Market Cap
$7.47M
Quick Ratio (Acid-Test)
2.35
TTM Avg
2.00
3Y Avg
1.61
5Y Avg
1.91
Market Cap
$7.46M
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.55
3Y Avg
1.27
5Y Avg
1.11
Market Cap
$6.85M
Quick Ratio (Acid-Test)
0.11
TTM Avg
0.31
3Y Avg
0.26
5Y Avg
0.40
Market Cap
$6.31M
Quick Ratio (Acid-Test)
1.71
TTM Avg
1.67
3Y Avg
1.79
5Y Avg
1.81
Market Cap
$5.96M
Quick Ratio (Acid-Test)
0.41
TTM Avg
1.54
3Y Avg
3.63
5Y Avg
2.57
Market Cap
$5.89M
Quick Ratio (Acid-Test)
23.42
TTM Avg
2.60
3Y Avg
2.38
5Y Avg
2.08
Market Cap
$9.10M
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.91
3Y Avg
0.70
5Y Avg
1.06
Market Cap
$5.38M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$9.82M
Quick Ratio (Acid-Test)
1.94
TTM Avg
2.06
3Y Avg
1.96
5Y Avg
1.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aqua Metals, Inc. (AQMS) | $7.47M | 2.35 | 2.00 | 1.61 | 1.91 |
| JE Cleantech Holdings Limited (JCSE)vs › | $7.46M | 1.81 | 1.55 | 1.27 | 1.11 |
| T3 Defense Inc. (DFNS)vs › | $6.85M | 0.11 | 0.31 | 0.26 | 0.40 |
| Eastern International Ltd. Ordinary Shares (ELOG)vs › | $6.31M | 1.71 | 1.67 | 1.79 | 1.81 |
| Intelligent Living Application Group Inc. (ILAG)vs › | $5.96M | 0.41 | 1.54 | 3.63 | 2.57 |
| Creative Global Technology Holdings Limited Ordinary Shares (CGTL)vs › | $5.89M | 23.42 | 2.60 | 2.38 | 2.08 |
| Dragonfly Energy Holdings Corp. (DFLI)vs › | $9.10M | 0.97 | 0.91 | 0.70 | 1.06 |
| Cre8 Enterprise Limited Class A Ordinary Shares (CRE)vs › | $5.38M | N/A | N/A | N/A | N/A |
| Euro Tech Holdings Company Limited (CLWT)vs › | $9.82M | 1.94 | 2.06 | 1.96 | 1.90 |
| FBS Global Limited Ordinary Shares (FBGL)vs › | $4.79M | 1.60 | 1.24 | 1.20 | 1.17 |
Quick Ratio
2.35
Excludes inventory
Current Ratio
2.43
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 | 2.35 |
| 2026-03-31 | 3.00 |
| 2025-12-31 | 2.97 |
| 2025-09-30 | 1.08 |
| 2025-06-30 | 0.58 |
| 2025-03-31 | 0.28 |
| 2024-12-31 | 0.54 |
| 2024-09-30 | 0.54 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 3.77 |
| 2023-09-30 | 7.20 |
| 2023-06-30 | 2.08 |
| 2023-03-31 | 1.60 |
| 2022-12-31 | 1.86 |
| 2022-09-30 | 2.39 |
| 2022-06-30 | 6.85 |
| 2022-03-31 | 2.86 |
| 2021-12-31 | 3.02 |
| 2021-09-30 | 2.59 |
| 2021-06-30 | 2.57 |
| 2021-03-31 | 3.06 |
| 2020-12-31 | 2.10 |
| 2020-09-30 | 1.26 |
| 2020-06-30 | 1.94 |
| 2020-03-31 | 2.61 |
| 2019-12-31 | 2.68 |
| 2019-09-30 | 1.87 |
| 2019-06-30 | 3.34 |
| 2019-03-31 | 2.05 |
| 2018-12-31 | 1.86 |
| 2018-09-30 | 4.02 |
| 2018-06-30 | 6.06 |
| 2018-03-31 | 4.49 |
| 2017-12-31 | 6.38 |
| 2017-09-30 | 3.77 |
| 2017-06-30 | 6.69 |
| 2017-03-31 | 7.40 |
| 2016-12-31 | 6.78 |
| 2016-09-30 | 3.45 |
| 2016-06-30 | 7.89 |
| 2016-03-31 | 4.54 |
| 2015-12-31 | 9.63 |
| 2015-09-30 | 39.16 |
| 2015-06-30 | 0.30 |
| 2015-03-31 | 0.66 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
