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 0.25 is 89% above its 5-year average of 0.13, near the high end of its 5-year range (0.06–0.25).
As of the fiscal period ended Tuesday, June 30, 2026. 93.66% above its 12-month average of 0.13.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.25
QUICK RATIO (ACID-TEST) AVG TTM
0.13
QUICK RATIO (ACID-TEST) AVG 3Y
0.12
QUICK RATIO (ACID-TEST) AVG 5Y
0.13
QUICK RATIO (ACID-TEST) AVG 10Y
0.13
QUICK RATIO (ACID-TEST) AVG 15Y
0.13
QUICK RATIO (ACID-TEST) AVG 20Y
0.10
CURRENT VS TTM AVG
+93.66%
CURRENT VS 3Y AVG
+102.57%
CURRENT VS 5Y AVG
+92.90%
CURRENT VS 10Y AVG
+99.06%
CURRENT VS 15Y AVG
+101.90%
CURRENT VS 20Y AVG
+160.33%
Axos Financial, Inc.
Market Cap
$5.65B
Quick Ratio (Acid-Test)
0.25
TTM Avg
0.13
3Y Avg
0.12
5Y Avg
0.13
Market Cap
$5.38B
Quick Ratio (Acid-Test)
N/A
TTM Avg
226.86
3Y Avg
114.79
5Y Avg
77.09
Market Cap
$8.42B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.07
3Y Avg
1.20
5Y Avg
1.22
Market Cap
$2.77B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.51
3Y Avg
3.39
5Y Avg
3.32
Market Cap
$10.20B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.32
3Y Avg
1.56
5Y Avg
2.03
Market Cap
$10.38B
Quick Ratio (Acid-Test)
N/A
TTM Avg
26.00
3Y Avg
13.84
5Y Avg
9.36
Market Cap
$733.45M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.02
3Y Avg
0.12
5Y Avg
0.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Axos Financial, Inc. (AX) | $5.65B | 0.25 | 0.13 | 0.12 | 0.13 |
| Main Street Capital Corporation (MAIN)vs › | $5.38B | N/A | 226.86 | 114.79 | 77.09 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.42B | N/A | 1.07 | 1.20 | 1.22 |
| Nuveen Quality Municipal Income Fund (NAD)vs › | $2.77B | N/A | 1.51 | 3.39 | 3.32 |
| Lufax Holding Ltd (LU)vs › | $1.46B | N/A | 0.56 | 13.19 | 14.96 |
| Hut 8 Corp. (HUT)vs › | $9.86B | N/A | 1.38 | 2.83 | 5.12 |
| FactSet Research Systems Inc. (FDS)vs › | $10.20B | N/A | 1.32 | 1.56 | 2.03 |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.38B | N/A | 26.00 | 13.84 | 9.36 |
| Washington Trust Bancorp, Inc. (WASH)vs › | $733.45M | N/A | 0.02 | 0.12 | 0.16 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $704.15M | N/A | 0.26 | 0.26 | 0.26 |
Quick Ratio
0.25
Excludes inventory
Current Ratio
0.25
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 | 0.25 |
| 2026-03-31 | 0.09 |
| 2025-12-31 | 0.06 |
| 2025-09-30 | 0.14 |
| 2025-06-30 | 0.11 |
| 2025-03-31 | 0.12 |
| 2024-12-31 | 0.15 |
| 2024-09-30 | 0.15 |
| 2024-06-30 | 0.12 |
| 2024-03-31 | 0.13 |
| 2023-12-31 | 0.11 |
| 2023-09-30 | 0.15 |
| 2023-06-30 | 0.17 |
| 2023-03-31 | 0.17 |
| 2022-12-31 | 0.14 |
| 2022-09-30 | 0.13 |
| 2022-06-30 | 0.13 |
| 2022-03-31 | 0.13 |
| 2021-12-31 | 0.11 |
| 2021-09-30 | 0.13 |
| 2021-06-30 | 0.11 |
| 2021-03-31 | 0.14 |
| 2020-12-31 | 0.13 |
| 2020-09-30 | 0.13 |
| 2020-06-30 | 0.18 |
| 2020-03-31 | 0.11 |
| 2019-12-31 | 0.12 |
| 2019-09-30 | 0.10 |
| 2019-06-30 | 0.10 |
| 2019-03-31 | 0.09 |
| 2018-12-31 | 0.06 |
| 2018-09-30 | 0.13 |
| 2018-06-30 | 0.10 |
| 2018-03-31 | 0.21 |
| 2017-12-31 | 0.11 |
| 2017-09-30 | 0.12 |
| 2017-06-30 | 0.13 |
| 2017-03-31 | 0.21 |
| 2016-12-31 | 0.16 |
| 2016-09-30 | 0.16 |
| 2016-06-30 | 0.13 |
| 2016-03-31 | 0.20 |
| 2015-12-31 | 0.10 |
| 2015-09-30 | 0.12 |
| 2015-06-30 | 0.09 |
| 2015-03-31 | 0.09 |
| 2014-12-31 | 0.10 |
| 2014-09-30 | 0.13 |
| 2014-06-30 | 0.12 |
| 2014-03-31 | 0.12 |
| 2013-12-31 | 0.14 |
| 2013-09-30 | 0.18 |
| 2013-06-30 | 0.18 |
| 2013-03-31 | 0.14 |
| 2012-12-31 | 0.10 |
| 2012-09-30 | 0.02 |
| 2012-06-30 | 0.10 |
| 2012-03-31 | 0.01 |
| 2011-12-31 | 0.01 |
| 2011-09-30 | 0.01 |
| 2011-06-30 | 0.10 |
| 2011-03-31 | 0.01 |
| 2010-12-31 | 0.01 |
| 2010-09-30 | 0.01 |
| 2010-06-30 | 0.01 |
| 2010-03-31 | 0.01 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.01 |
| 2009-06-30 | 0.01 |
| 2009-03-31 | 0.01 |
| 2008-12-31 | 0.01 |
| 2008-09-30 | 0.01 |
| 2008-06-30 | 0.02 |
| 2008-03-31 | 0.02 |
| 2007-12-31 | 0.02 |
| 2007-09-30 | 0.03 |
| 2007-06-30 | 0.03 |
| 2007-03-31 | 0.04 |
| 2006-12-31 | 0.04 |
| 2006-09-30 | 0.05 |
| 2006-06-30 | 0.05 |
| 2006-03-31 | 0.05 |
| 2005-12-31 | 0.04 |
| 2005-09-30 | 0.04 |
| 2005-06-30 | 0.04 |
| 2005-03-31 | 0.04 |
| 2004-12-31 | 0.03 |
