Enphase Energy, Inc. (ENPH) Quick Ratio (Acid-Test): 1.84
Is Enphase Energy, Inc.’s quick ratio (acid-test) high or low?
Enphase Energy, Inc.'s quick ratio (acid-test) of 1.84 is 37% below its 5-year average of 2.91, near the low end of its 5-year range (1.67–4.19).
As of Monday, June 15, 2026. 28.13% below its 12-month average of 2.56.
ENPH Quick Ratio (Acid-Test) Chart
ENPH Average Quick Ratio (Acid-Test) Chart
ENPH Current vs Average Quick Ratio (Acid-Test) Chart
ENPH Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.84
QUICK RATIO (ACID-TEST) AVG TTM
2.56
QUICK RATIO (ACID-TEST) AVG 3Y
3.15
QUICK RATIO (ACID-TEST) AVG 5Y
2.91
QUICK RATIO (ACID-TEST) AVG 10Y
2.23
QUICK RATIO (ACID-TEST) AVG 15Y
2.22
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-28.13%
CURRENT VS 3Y AVG
-41.68%
CURRENT VS 5Y AVG
-36.73%
CURRENT VS 10Y AVG
-17.35%
CURRENT VS 15Y AVG
-17.23%
CURRENT VS 20Y AVG
N/A
ENPH Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $7.19B | 1.84 | 2.56 | 3.15 | 2.91 |
| Weatherford International plc (WFRD)vs › | $7.29B | 1.65 | 1.57 | 1.53 | 1.60 |
| California Resources Corporation (CRC)vs › | $5.20B | 0.79 | 0.87 | 1.01 | 0.90 |
| Antero Midstream Corporation (AM)vs › | $10.29B | 3.41 | 2.29 | 1.60 | 1.36 |
| Helmerich & Payne, Inc. (HP)vs › | $3.92B | 1.40 | 1.90 | 2.06 | 2.32 |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 3.86 | 3.92 | 5.36 | 3.99 |
| enCore Energy Corp. (EU)vs › | $264.16M | 7.64 | 4.92 | 4.41 | 4.55 |
| Venture Global, Inc. (VG)vs › | $31.94B | 0.87 | 1.05 | 1.36 | 1.36 |
| EQT Corporation (EQT)vs › | $32.49B | 0.76 | 0.73 | 0.88 | 0.78 |
| Occidental Petroleum Corporation (OXY)vs › | $56.24B | 0.74 | 0.73 | 0.76 | 0.81 |
Liquidity Comparison
Quick Ratio
1.84
Excludes inventory
Current Ratio
2.07
Includes inventory
Enphase Energy, 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
Enphase Energy, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The quick ratio (acid-test) for ENPH stock is 1.84.
- Is Enphase Energy, Inc.'s quick ratio (acid-test) high or low?
- Enphase Energy, Inc.'s quick ratio (acid-test) of 1.84 is 37% below its 5-year average of 2.91, near the low end of its 5-year range (1.67–4.19).
- What is the TTM average quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The TTM average quick ratio (acid-test) for ENPH stock is 2.56.
- What is the 3Y average quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The 3Y average quick ratio (acid-test) for ENPH stock is 3.15.
- What is the 5Y average quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The 5Y average quick ratio (acid-test) for ENPH stock is 2.91.
- What is the 10Y average quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The 10Y average quick ratio (acid-test) for ENPH stock is 2.23.
- What is the 15Y average quick ratio (acid-test) for Enphase Energy, Inc. (ENPH)?
- The 15Y average quick ratio (acid-test) for ENPH stock is 2.22.
Enphase Energy, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 1.84 |
| 2024-12-31 | 3.28 |
| 2023-12-31 | 4.19 |
| 2022-12-31 | 3.31 |
| 2021-12-31 | 3.16 |
| 2020-12-31 | 1.67 |
| 2019-12-31 | 2.35 |
| 2018-12-31 | 1.40 |
| 2017-12-31 | 1.14 |
| 2016-12-31 | 1.04 |
| 2015-12-31 | 1.11 |
| 2014-12-31 | 1.59 |
| 2013-12-31 | 2.22 |
| 2012-12-31 | 2.22 |
| 2011-12-31 | 1.38 |
| 2010-12-31 | 3.67 |
| 2009-12-31 | 2.68 |
Related Metrics
About Enphase Energy, Inc.
Enphase Energy, Inc., along with its subsidiaries, is dedicated to developing, manufacturing, and distributing home energy solutions for the global solar photovoltaic industry. Their core offering is a semiconductor-based microinverter, designed to convert energy at the individual solar module level. This technology seamlessly integrates with their proprietary networking and software, providing advanced energy monitoring and control capabilities. The company's product portfolio also includes AC battery storage systems, the Envoy communications gateway, the cloud-based Enlighten monitoring service, and various related accessories. Enphase sells its offerings through multiple channels, reaching solar distributors, large installers directly, original equipment manufacturers (OEMs), strategic partners, and individual homeowners, as well as through its legacy product upgrade program and online store. Established in 2006, Enphase Energy, Inc. is headquartered in Fremont, California.
- Sector
- Energy
- Industry
- Solar
- CEO
- Badrinarayanan Kothandaraman