Quick Ratio (Acid-Test): 0.06
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 0.06 is 336% above its 5-year average of 0.01, around the middle of its 5-year range (-0.32–0.47).
As of Sunday, June 28, 2026. 63.66% below its 12-month average of 0.18.
BIT Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
BIT Average Quick Ratio (Acid-Test) Chart
BIT Current vs Average Quick Ratio (Acid-Test) Chart
BIT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.06
QUICK RATIO (ACID-TEST) AVG TTM
0.18
QUICK RATIO (ACID-TEST) AVG 3Y
0.05
QUICK RATIO (ACID-TEST) AVG 5Y
0.01
QUICK RATIO (ACID-TEST) AVG 10Y
-0.05
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-63.66%
CURRENT VS 3Y AVG
+41.73%
CURRENT VS 5Y AVG
+335.54%
CURRENT VS 10Y AVG
+225.11%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BIT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BlackRock Multi-Sector Income Trust (BIT) | $529.65M | 0.06 | 0.18 | 0.05 | 0.01 |
| Lufax Holding Ltd (LU)vs › | $532.47M | 0.56 | 0.56 | 13.19 | 14.96 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $632.36M | N/A | N/A | N/A | N/A |
| Washington Trust Bancorp, Inc. (WASH)vs › | $703.33M | 0.01 | 0.02 | 0.12 | 0.16 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $313.76M | 0.00 | 0.28 | 0.51 | 0.50 |
| Isabella Bank Corporation (ISBA)vs › | $294.33M | 0.12 | 0.13 | 0.24 | 0.28 |
| Franklin Universal Trust (FT)vs › | $202.31M | 12.80 | 11.33 | 11.33 | 8.17 |
| The New Germany Fund, Inc. (GF)vs › | $186.66M | 1.05 | 1.01 | 0.97 | 0.73 |
| DeFi Technologies Inc. (DEFT)vs › | $157.96M | 0.88 | 0.83 | 0.80 | 0.81 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $157.50M | N/A | N/A | N/A | N/A |
Liquidity Comparison
Quick Ratio
0.06
Excludes inventory
Current Ratio
0.06
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for BlackRock Multi-Sector Income Trust (BIT)?
- The quick ratio (acid-test) for BIT stock is 0.06.
- Is BlackRock Multi-Sector Income Trust's quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 0.06 is 336% above its 5-year average of 0.01, around the middle of its 5-year range (-0.32–0.47).
- What is the TTM average quick ratio (acid-test) for BlackRock Multi-Sector Income Trust (BIT)?
- The TTM average quick ratio (acid-test) for BIT stock is 0.18.
- What is the 3Y average quick ratio (acid-test) for BlackRock Multi-Sector Income Trust (BIT)?
- The 3Y average quick ratio (acid-test) for BIT stock is 0.05.
- What is the 5Y average quick ratio (acid-test) for BlackRock Multi-Sector Income Trust (BIT)?
- The 5Y average quick ratio (acid-test) for BIT stock is 0.01.
- What is the 10Y average quick ratio (acid-test) for BlackRock Multi-Sector Income Trust (BIT)?
- The 10Y average quick ratio (acid-test) for BIT stock is -0.05.
BIT Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.06 |
| 2025-06-30 | 0.02 |
| 2024-12-31 | 0.45 |
| 2023-10-31 | -0.12 |
| 2023-04-30 | -0.19 |
| 2022-10-31 | -0.21 |
| 2022-04-30 | 0.47 |
| 2021-10-31 | -0.03 |
| 2021-04-30 | -0.32 |
| 2020-10-31 | -1.20 |
| 2020-04-30 | -0.09 |
| 2019-10-31 | -0.02 |
| 2019-04-30 | 0.04 |
| 2018-10-31 | 0.07 |
| 2018-04-30 | 1.18 |
| 2017-10-31 | 0.00 |
| 2017-04-30 | 0.00 |
| 2016-10-31 | 0.00 |
| 2016-04-30 | 0.00 |
| 2015-10-31 | 0.00 |
| 2014-10-31 | 0.00 |
| 2013-10-31 | 0.00 |
Related Metrics
About BlackRock Multi-Sector Income Trust
BlackRock Multi-Sector Income Trust is a close ended fixed income mutual fund launched by BlackRock, Inc. It is co-managed by BlackRock Advisors, LLC and BlackRock (Singapore) Limited. The fund invests in fixed income markets. It invests primarily in loan and debt instruments and other investments with similar economic characteristic. BlackRock Multi-Sector Income Trust was formed on February 25, 2013 and is domiciled in the United States.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- John Perlowski