DeFi Technologies Inc. (DEFT) Quick Ratio (Acid-Test): 0.88
Is DeFi Technologies Inc.’s quick ratio (acid-test) high or low?
DeFi Technologies Inc.'s quick ratio (acid-test) of 0.88 is in line with its 5-year average of 0.81, near the high end of its 5-year range (0.65–0.97).
As of Saturday, June 20, 2026. 5.39% above its 12-month average of 0.83.
DEFT Quick Ratio (Acid-Test) Chart
DEFT Average Quick Ratio (Acid-Test) Chart
DEFT Current vs Average Quick Ratio (Acid-Test) Chart
DEFT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.88
QUICK RATIO (ACID-TEST) AVG TTM
0.83
QUICK RATIO (ACID-TEST) AVG 3Y
0.80
QUICK RATIO (ACID-TEST) AVG 5Y
0.81
QUICK RATIO (ACID-TEST) AVG 10Y
0.80
QUICK RATIO (ACID-TEST) AVG 15Y
0.58
QUICK RATIO (ACID-TEST) AVG 20Y
1.07
CURRENT VS TTM AVG
+5.39%
CURRENT VS 3Y AVG
+9.66%
CURRENT VS 5Y AVG
+9.32%
CURRENT VS 10Y AVG
+10.38%
CURRENT VS 15Y AVG
+50.61%
CURRENT VS 20Y AVG
-17.62%
DEFT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DeFi Technologies Inc. (DEFT) | $181.93M | 0.88 | 0.83 | 0.80 | 0.81 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $160.51M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $127.66M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $295.51M | 0.12 | 0.13 | 0.24 | 0.28 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $317.93M | 0.00 | 0.28 | 0.51 | 0.50 |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $524.09M | 0.56 | 0.56 | 13.19 | 14.96 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $675.14M | N/A | N/A | N/A | N/A |
| Main Street Capital Corporation (MAIN)vs › | $4.74B | 449.84 | 226.86 | 114.79 | 77.09 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.12B | 0.84 | 1.07 | 1.20 | 1.22 |
Liquidity Comparison
Quick Ratio
0.88
Excludes inventory
Current Ratio
0.88
Includes inventory
DeFi Technologies Inc. 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
DeFi Technologies Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The quick ratio (acid-test) for DEFT stock is 0.88.
- Is DeFi Technologies Inc.'s quick ratio (acid-test) high or low?
- DeFi Technologies Inc.'s quick ratio (acid-test) of 0.88 is in line with its 5-year average of 0.81, near the high end of its 5-year range (0.65–0.97).
- What is the TTM average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The TTM average quick ratio (acid-test) for DEFT stock is 0.83.
- What is the 3Y average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The 3Y average quick ratio (acid-test) for DEFT stock is 0.80.
- What is the 5Y average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The 5Y average quick ratio (acid-test) for DEFT stock is 0.81.
- What is the 10Y average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The 10Y average quick ratio (acid-test) for DEFT stock is 0.80.
- What is the 15Y average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The 15Y average quick ratio (acid-test) for DEFT stock is 0.58.
- What is the 20Y average quick ratio (acid-test) for DeFi Technologies Inc. (DEFT)?
- The 20Y average quick ratio (acid-test) for DEFT stock is 1.07.
DeFi Technologies Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.88 |
| 2024-12-31 | 0.79 |
| 2023-12-31 | 0.87 |
| 2022-12-31 | 0.67 |
| 2021-12-31 | 0.65 |
| 2020-12-31 | 0.97 |
| 2019-12-31 | 0.35 |
| 2018-12-31 | 0.09 |
| 2017-12-31 | 0.69 |
| 2016-12-31 | 0.25 |
| 2015-12-31 | 2.56 |
| 2014-12-31 | 0.16 |
| 2013-12-31 | 0.08 |
| 2012-12-31 | 0.27 |
| 2011-12-31 | 1.97 |
| 2010-12-31 | 1.46 |
| 2009-12-31 | 5.45 |
| 2008-12-31 | 16.60 |
| 2007-12-31 | 33.07 |
| 2006-12-31 | 104.99 |
| 2005-12-31 | 55.60 |
| 2004-12-31 | 0.30 |
| 2003-12-31 | 0.02 |
| 2002-12-31 | 0.02 |
| 2001-12-31 | 0.02 |
| 2000-12-31 | 0.08 |
Related Metrics
About DeFi Technologies Inc.
DeFi Technologies Inc. is a technology company specializing in creating exchange-traded products (ETPs) within Canada, which are designed to mirror the value of single or multiple decentralized finance (DeFi) protocols. The company also delivers a range of related services, including asset management, providing clients with indirect access to underlying digital assets, indexes, and other DeFi instruments. Furthermore, DeFi Technologies engages in early-stage investments across the digital asset ecosystem, operates a dedicated arbitrage trading desk to capitalize on low-risk market opportunities, conducts proprietary research, and offers an OTC desk along with digital asset liquidity solutions. Established in 1986 and headquartered in Toronto, Canada, the company was formerly known as Valour Inc. until it rebranded to DeFi Technologies Inc. in July 2023.
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- CEO
- Johan Wattenstrom