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 0.61 is 76% below its 5-year average of 2.54, near the low end of its 5-year range (0.58–5.33).
As of the fiscal period ended Tuesday, June 30, 2026. 5.48% below its 12-month average of 0.64.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.61.
QUICK RATIO (ACID-TEST)
0.61
QUICK RATIO (ACID-TEST) AVG TTM
0.64
QUICK RATIO (ACID-TEST) AVG 3Y
1.57
QUICK RATIO (ACID-TEST) AVG 5Y
2.54
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
-5.48%
CURRENT VS 3Y AVG
-61.37%
CURRENT VS 5Y AVG
-76.14%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.34
median of 426 covered companies
CURRENT VS SECTOR MEDIAN
-54.84%
vs the sector median at left
Market Cap
$89.38M
Quick Ratio (Acid-Test)
5.67
TTM Avg
5.36
3Y Avg
5.36
5Y Avg
5.36
Market Cap
$82.91M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.91
3Y Avg
2.42
5Y Avg
2.99
Market Cap
$94.05M
Quick Ratio (Acid-Test)
1.29
TTM Avg
0.91
3Y Avg
1.12
5Y Avg
1.83
Market Cap
$78.84M
Quick Ratio (Acid-Test)
4.68
TTM Avg
4.00
3Y Avg
3.87
5Y Avg
2.80
Market Cap
$97.47M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.19
3Y Avg
0.83
5Y Avg
0.83
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arq, Inc. (ARQ) | $87.78M | 0.61 | 0.64 | 1.57 | 2.54 |
| Hadron Energy, Inc. (HDRN)vs › | $89.38M | 5.67 | 5.36 | 5.36 | 5.36 |
| Air T, Inc. (AIRT)vs › | $83.41M | 0.61 | 0.85 | 0.83 | 1.04 |
| Byrna Technologies Inc. (BYRN)vs › | $82.91M | 1.86 | 1.91 | 2.42 | 2.99 |
| RF Industries, Ltd. (RFIL)vs › | $94.05M | 1.29 | 0.91 | 1.12 | 1.83 |
| Air T, Inc. (AIRTP)vs › | $78.89M | 0.61 | 0.85 | 0.83 | 1.04 |
| Pyxis Tankers Inc. (PXS)vs › | $78.84M | 4.68 | 4.00 | 3.87 | 2.80 |
| Proficient Auto Logistics, Inc. Common Stock (PAL)vs › | $97.47M | 1.15 | 1.19 | 0.83 | 0.83 |
| Momentus Inc. (MNTS)vs › | $77.86M | 13.70 | 0.84 | 1.10 | 2.10 |
| Elite Express Holding Inc. (ETS)vs › | $76.00M | 71.20 | 12.55 | 8.56 | 8.56 |
Quick Ratio
0.61
Excludes inventory
Current Ratio
1.03
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 | 0.61 |
| 2026-03-31 | 0.58 |
| 2025-12-31 | 0.66 |
| 2025-09-30 | 0.71 |
| 2025-06-30 | 0.65 |
| 2025-03-31 | 0.62 |
| 2024-12-31 | 0.74 |
| 2024-09-30 | 2.28 |
| 2024-06-30 | 1.83 |
| 2024-03-31 | 2.29 |
| 2023-12-31 | 2.90 |
| 2023-09-30 | 3.31 |
| 2023-06-30 | 3.20 |
| 2023-03-31 | 4.22 |
| 2022-12-31 | 3.68 |
| 2022-09-30 | 3.87 |
| 2022-06-30 | 4.90 |
| 2022-03-31 | 5.33 |
| 2021-12-31 | 4.44 |
| 2021-09-30 | 3.92 |
