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 1.14 is 28% above its 5-year average of 0.89, near the low end of its 5-year range (0.09–6.17).
As of the fiscal period ended Tuesday, June 30, 2026. 23.68% above its 12-month average of 0.92.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.14.
QUICK RATIO (ACID-TEST)
1.14
QUICK RATIO (ACID-TEST) AVG TTM
0.92
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
0.89
QUICK RATIO (ACID-TEST) AVG 10Y
0.66
QUICK RATIO (ACID-TEST) AVG 15Y
0.63
QUICK RATIO (ACID-TEST) AVG 20Y
1.07
CURRENT VS TTM AVG
+23.68%
CURRENT VS 3Y AVG
+27.52%
CURRENT VS 5Y AVG
+27.70%
CURRENT VS 10Y AVG
+73.19%
CURRENT VS 15Y AVG
+82.12%
CURRENT VS 20Y AVG
+6.31%
SECTOR MEDIAN · FINANCIAL SERVICES
1.08
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+5.55%
vs the sector median at left
DeFi Technologies Inc.
Market Cap
$195.93M
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.92
3Y Avg
0.89
5Y Avg
0.89
Market Cap
$184.97M
Quick Ratio (Acid-Test)
13.85
TTM Avg
11.33
3Y Avg
11.33
5Y Avg
8.17
Market Cap
$176.16M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.01
3Y Avg
0.97
5Y Avg
0.73
Market Cap
$147.12M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$145.51M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$266.05M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$282.67M
Quick Ratio (Acid-Test)
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$320.62M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
Market Cap
$65.38M
Quick Ratio (Acid-Test)
4.74
TTM Avg
4.15
3Y Avg
8.64
5Y Avg
6.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DeFi Technologies Inc. (DEFT) | $195.93M | 1.14 | 0.92 | 0.89 | 0.89 |
| Franklin Universal Trust (FT)vs › | $184.97M | 13.85 | 11.33 | 11.33 | 8.17 |
| The New Germany Fund, Inc. (GF)vs › | $176.16M | 1.35 | 1.01 | 0.97 | 0.73 |
| Global X - MSCI Colombia ETF (COLO)vs › | $147.12M | N/A | N/A | N/A | N/A |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $145.51M | N/A | N/A | N/A | N/A |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.05M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $282.67M | 4.15 | 0.13 | 0.24 | 0.28 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $320.62M | N/A | 0.28 | 0.51 | 0.50 |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $65.38M | 4.74 | 4.15 | 8.64 | 6.16 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $664.21M | 0.07 | 0.26 | 0.26 | 0.26 |
Quick Ratio
1.14
Excludes inventory
Current Ratio
1.14
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 | 1.14 |
| 2026-03-31 | 1.09 |
| 2025-12-31 | 0.88 |
| 2025-09-30 | 0.79 |
| 2025-06-30 | 0.71 |
| 2025-03-31 | 0.86 |
| 2024-12-31 | 0.79 |
| 2024-09-30 | 1.05 |
| 2024-06-30 | 1.01 |
| 2024-03-31 | 0.91 |
| 2023-12-31 | 0.87 |
| 2023-09-30 | 0.75 |
| 2023-06-30 | 0.77 |
| 2023-03-31 | 0.77 |
| 2022-12-31 | 0.67 |
| 2022-09-30 | 0.09 |
| 2022-06-30 | 2.05 |
| 2022-03-31 | 6.17 |
| 2021-12-31 | 0.70 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 1.24 |
| 2021-03-31 | 1.36 |
| 2020-12-31 | 0.97 |
| 2020-09-30 | 0.01 |
| 2020-06-30 | 0.03 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.35 |
| 2019-09-30 | 0.02 |
| 2019-06-30 | 0.02 |
| 2019-03-31 | 0.07 |
| 2018-12-31 | 0.09 |
| 2018-09-30 | 0.77 |
| 2018-06-30 | 0.61 |
| 2018-03-31 | 1.44 |
| 2017-12-31 | 0.69 |
| 2017-09-30 | 0.63 |
| 2017-06-30 | 0.62 |
| 2017-03-31 | 0.14 |
| 2016-12-31 | 0.25 |
| 2016-09-30 | 0.79 |
| 2016-06-30 | 3.36 |
| 2016-03-31 | 2.93 |
| 2015-12-31 | 2.56 |
| 2015-09-30 | 0.28 |
| 2015-06-30 | 0.37 |
| 2015-03-31 | 0.25 |
| 2014-12-31 | 0.16 |
| 2014-09-30 | 0.15 |
| 2014-06-30 | 0.14 |
| 2014-03-31 | 0.34 |
| 2013-12-31 | 0.08 |
| 2013-09-30 | 0.07 |
| 2013-06-30 | 0.08 |
| 2013-03-31 | 0.24 |
| 2012-12-31 | 0.27 |
| 2012-09-30 | 0.99 |
| 2012-06-30 | 2.97 |
| 2012-03-31 | 1.35 |
| 2011-12-31 | 1.97 |
| 2011-09-30 | 3.03 |
| 2011-06-30 | 6.65 |
| 2011-03-31 | 8.97 |
| 2010-12-31 | 1.46 |
| 2010-09-30 | 11.08 |
| 2010-06-30 | 0.88 |
| 2010-03-31 | 0.44 |
| 2009-12-31 | 5.45 |
| 2009-09-30 | 472.48 |
| 2009-06-30 | 21.63 |
| 2009-03-31 | 70.51 |
| 2008-12-31 | 16.60 |
| 2008-09-30 | 513.42 |
| 2008-06-30 | 193.90 |
| 2008-03-31 | 67.08 |
| 2007-12-31 | 33.07 |
| 2007-09-30 | 105.63 |
| 2007-06-30 | 152.47 |
| 2007-03-31 | 98.39 |
| 2006-12-31 | 104.99 |
| 2006-09-30 | 465.44 |
| 2006-06-30 | 276.19 |
| 2006-03-31 | 232.37 |
| 2005-12-31 | 55.60 |
| 2005-09-30 | 115.68 |
| 2005-06-30 | 38.28 |
| 2005-03-31 | 47.26 |
| 2004-12-31 | 0.30 |
| 2004-09-30 | 2.55 |
| 2004-06-30 | 7.81 |
| 2004-03-31 | 18.77 |
| 2003-12-31 | 0.02 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.01 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.02 |
| 2002-09-30 | 0.01 |
