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 43% above its 5-year average of 0.43, near the high end of its 5-year range (0.29–0.61).
As of the fiscal period ended Sunday, May 31, 2026. 12.80% above its 12-month average of 0.54.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-05-31): 0.61.
QUICK RATIO (ACID-TEST)
0.61
QUICK RATIO (ACID-TEST) AVG TTM
0.54
QUICK RATIO (ACID-TEST) AVG 3Y
0.46
QUICK RATIO (ACID-TEST) AVG 5Y
0.43
QUICK RATIO (ACID-TEST) AVG 10Y
0.44
QUICK RATIO (ACID-TEST) AVG 15Y
0.52
QUICK RATIO (ACID-TEST) AVG 20Y
0.58
CURRENT VS TTM AVG
+12.80%
CURRENT VS 3Y AVG
+32.73%
CURRENT VS 5Y AVG
+42.56%
CURRENT VS 10Y AVG
+40.14%
CURRENT VS 15Y AVG
+17.94%
CURRENT VS 20Y AVG
+4.96%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-55.32%
vs the sector median at left
Art's-Way Manufacturing Co., Inc.
Market Cap
$17.53M
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.54
3Y Avg
0.46
5Y Avg
0.43
Market Cap
$16.94M
Quick Ratio (Acid-Test)
3.43
TTM Avg
2.54
3Y Avg
2.80
5Y Avg
2.43
Market Cap
$16.91M
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.47
3Y Avg
0.49
5Y Avg
0.53
Market Cap
$18.16M
Quick Ratio (Acid-Test)
1.59
TTM Avg
1.63
3Y Avg
1.83
5Y Avg
1.78
Market Cap
$18.27M
Quick Ratio (Acid-Test)
1.71
TTM Avg
1.67
3Y Avg
1.48
5Y Avg
1.41
Market Cap
$16.46M
Quick Ratio (Acid-Test)
4.88
TTM Avg
3.52
3Y Avg
4.52
5Y Avg
3.02
Market Cap
$18.59M
Quick Ratio (Acid-Test)
2.41
TTM Avg
1.73
3Y Avg
1.24
5Y Avg
1.11
Market Cap
$18.84M
Quick Ratio (Acid-Test)
4.64
TTM Avg
5.17
3Y Avg
5.49
5Y Avg
4.11
Market Cap
$15.29M
Quick Ratio (Acid-Test)
2.71
TTM Avg
1.40
3Y Avg
1.40
5Y Avg
1.40
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Art's-Way Manufacturing Co., Inc. (ARTW) | $17.53M | 0.61 | 0.54 | 0.46 | 0.43 |
| LiqTech International, Inc. (LIQT)vs › | $16.94M | 3.43 | 2.54 | 2.80 | 2.43 |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 0.64 | 0.47 | 0.49 | 0.53 |
| Tungray Technologies Inc Class A Ordinary Shares (TRSG)vs › | $18.16M | 1.59 | 1.63 | 1.83 | 1.78 |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.27M | 1.71 | 1.67 | 1.48 | 1.41 |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.46M | 4.88 | 3.52 | 4.52 | 3.02 |
| Quanome Technologies, Inc. (QNME)vs › | $18.59M | 2.41 | 1.73 | 1.24 | 1.11 |
| Castor Maritime Inc. (CTRM)vs › | $18.84M | 4.64 | 5.17 | 5.49 | 4.11 |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.29M | 2.71 | 1.40 | 1.40 | 1.40 |
| PS International Group Ltd. (PSIG)vs › | $15.07M | 0.79 | 1.27 | 22.98 | 26.43 |
Quick Ratio
0.61
Excludes inventory
Current Ratio
2.17
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) |
|---|---|
| 2026-05-31 | 0.61 |
| 2026-02-28 | 0.58 |
| 2025-11-30 | 0.48 |
| 2025-08-31 | 0.53 |
| 2025-05-31 | 0.51 |
| 2025-02-28 | 0.33 |
| 2024-11-30 | 0.42 |
| 2024-08-31 | 0.37 |
| 2024-05-31 | 0.36 |
| 2024-02-29 | 0.38 |
| 2023-11-30 | 0.43 |
| 2023-08-31 | 0.54 |
| 2023-05-31 | 0.45 |
| 2023-02-28 | 0.40 |
| 2022-11-30 | 0.38 |
| 2022-08-31 | 0.43 |
| 2022-05-31 | 0.38 |
| 2022-02-28 | 0.29 |
| 2021-11-30 | 0.39 |
| 2021-08-31 | 0.39 |
| 2021-05-31 | 0.37 |
| 2021-02-28 | 0.36 |
| 2020-11-30 | 0.41 |
| 2020-08-31 | 0.41 |
| 2020-05-31 | 0.43 |
| 2020-02-29 | 0.49 |
| 2019-11-30 | 0.51 |
| 2019-08-31 | 0.45 |
| 2019-05-31 | 0.46 |
| 2019-02-28 | 0.42 |
| 2018-11-30 | 0.33 |
| 2018-08-31 | 0.49 |
| 2018-05-31 | 0.55 |
| 2018-02-28 | 0.53 |
| 2017-11-30 | 0.49 |
| 2017-08-31 | 0.34 |
| 2017-05-31 | 0.30 |
| 2017-02-28 | 0.35 |
| 2016-11-30 | 0.58 |
| 2016-08-31 | 0.72 |
| 2016-05-31 | 0.58 |
| 2016-02-29 | 0.77 |
| 2015-11-30 | 0.58 |
| 2015-08-31 | 0.56 |
| 2015-05-31 | 0.68 |
| 2015-02-28 | 0.66 |
| 2014-11-30 | 0.77 |
| 2014-08-31 | 0.82 |
| 2014-05-31 | 0.66 |
| 2014-02-28 | 0.52 |
| 2013-11-30 | 0.66 |
| 2013-08-31 | 1.24 |
| 2013-05-31 | 1.11 |
| 2013-02-28 | 1.12 |
| 2012-11-30 | 0.97 |
| 2012-08-31 | 1.07 |
| 2012-05-31 | 0.89 |
| 2012-02-29 | 0.69 |
| 2011-11-30 | 0.75 |
| 2011-08-31 | 0.81 |
| 2011-05-31 | 0.59 |
| 2011-02-28 | 0.52 |
| 2010-11-30 | 0.67 |
| 2010-08-31 | 0.74 |
| 2010-05-31 | 0.67 |
| 2010-02-28 | 0.76 |
| 2009-11-30 | 0.99 |
| 2009-08-31 | 0.58 |
| 2009-05-31 | 0.60 |
| 2009-02-28 | 0.54 |
| 2008-11-30 | 0.53 |
| 2008-08-31 | 0.68 |
| 2008-05-31 | 0.69 |
| 2008-02-29 | 1.06 |
| 2007-11-30 | 1.45 |
| 2007-08-31 | 1.67 |
| 2007-05-31 | 1.32 |
| 2007-02-28 | 1.41 |
| 2006-11-30 | 1.92 |
| 2006-08-31 | 1.73 |
| 2006-05-31 | 1.39 |
| 2006-02-28 | 1.33 |
| 2005-11-30 | 1.43 |
| 2005-08-31 | 2.07 |
| 2005-05-31 | 1.09 |
| 2005-02-28 | 1.10 |
| 2004-11-30 | 0.66 |
| 2004-08-31 | 0.48 |
| 2004-05-31 | 0.65 |
| 2004-02-29 | 1.23 |
| 2003-11-30 | 2.08 |
| 2003-08-31 | 1.23 |
| 2003-05-31 | 1.07 |
| 2003-02-28 | 0.60 |
| 2002-11-30 | 0.37 |
| 2002-08-31 | 0.38 |
