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 1.95 is 21% above its 5-year average of 1.61, around the middle of its 5-year range (0.16–3.92).
As of the fiscal period ended Tuesday, June 30, 2026. 24.18% below its 12-month average of 2.57.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 1.95.
QUICK RATIO (ACID-TEST)
1.95
QUICK RATIO (ACID-TEST) AVG TTM
2.57
QUICK RATIO (ACID-TEST) AVG 3Y
1.78
QUICK RATIO (ACID-TEST) AVG 5Y
1.61
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-24.18%
CURRENT VS 3Y AVG
+9.63%
CURRENT VS 5Y AVG
+21.25%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.33
median of 390 covered companies
CURRENT VS SECTOR MEDIAN
+46.92%
vs the sector median at left
DEFSEC Technologies Inc.
Market Cap
$2.72M
Quick Ratio (Acid-Test)
1.95
TTM Avg
2.57
3Y Avg
1.78
5Y Avg
1.61
Market Cap
$2.73M
Quick Ratio (Acid-Test)
11.11
TTM Avg
9.20
3Y Avg
5.47
5Y Avg
4.17
Market Cap
$2.69M
Quick Ratio (Acid-Test)
9.58
TTM Avg
5.21
3Y Avg
3.19
5Y Avg
2.99
Market Cap
$2.90M
Quick Ratio (Acid-Test)
5.28
TTM Avg
6.13
3Y Avg
4.75
5Y Avg
3.90
Market Cap
$3.10M
Quick Ratio (Acid-Test)
27.28
TTM Avg
20.46
3Y Avg
11.69
5Y Avg
10.36
Market Cap
$2.27M
Quick Ratio (Acid-Test)
2.74
TTM Avg
1.79
3Y Avg
1.35
5Y Avg
1.22
Market Cap
$3.17M
Quick Ratio (Acid-Test)
0.11
TTM Avg
0.19
3Y Avg
0.56
5Y Avg
1.37
Market Cap
$2.18M
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.74
3Y Avg
0.75
5Y Avg
0.80
Market Cap
$2.14M
Quick Ratio (Acid-Test)
1.78
TTM Avg
5.68
3Y Avg
3.84
5Y Avg
3.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DEFSEC Technologies Inc. (DFSC) | $2.72M | 1.95 | 2.57 | 1.78 | 1.61 |
| Top KingWin Ltd. Class A (DPU)vs › | $2.73M | 11.11 | 9.20 | 5.47 | 4.17 |
| Globavend Holdings Limited (GVH)vs › | $2.69M | 9.58 | 5.21 | 3.19 | 2.99 |
| BioNexus Gene Lab Corp. (BGLC)vs › | $2.90M | 5.28 | 6.13 | 4.75 | 3.90 |
| Intelligent Group Limited (INTJ)vs › | $3.10M | 27.28 | 20.46 | 11.69 | 10.36 |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.27M | 2.74 | 1.79 | 1.35 | 1.22 |
| Polar Power, Inc. (POLA)vs › | $3.17M | 0.11 | 0.19 | 0.56 | 1.37 |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.18M | 0.78 | 0.74 | 0.75 | 0.80 |
| Mint Incorporation Limited (MIMI)vs › | $2.14M | 1.78 | 5.68 | 3.84 | 3.37 |
| Addentax Group Corp. (ATXG)vs › | $3.35M | 3.69 | 7.46 | 6.93 | 4.79 |
Quick Ratio
1.95
Excludes inventory
Current Ratio
2.13
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 | 1.95 |
| 2026-03-31 | 2.19 |
| 2025-12-31 | 3.92 |
| 2025-09-30 | 2.89 |
| 2025-06-30 | 1.89 |
| 2025-03-31 | 3.76 |
| 2024-12-31 | 2.28 |
| 2024-09-30 | 0.44 |
| 2024-06-30 | 0.88 |
| 2024-03-31 | 0.36 |
| 2023-12-31 | 0.99 |
| 2023-09-30 | 0.99 |
| 2023-06-30 | 0.56 |
| 2023-03-31 | 1.29 |
| 2022-12-31 | 1.37 |
| 2022-09-30 | 0.16 |
| 2022-06-30 | 0.16 |
| 2022-03-31 | 1.29 |
| 2021-12-31 | 1.33 |
| 2021-09-30 | 3.42 |
