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 5.99 is 16% below its 5-year average of 7.16, near the low end of its 5-year range (5.75–9.99).
As of the fiscal period ended Tuesday, June 30, 2026. 14.17% below its 12-month average of 6.98.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.99.
QUICK RATIO (ACID-TEST)
5.99
QUICK RATIO (ACID-TEST) AVG TTM
6.98
QUICK RATIO (ACID-TEST) AVG 3Y
6.95
QUICK RATIO (ACID-TEST) AVG 5Y
7.16
QUICK RATIO (ACID-TEST) AVG 10Y
6.69
QUICK RATIO (ACID-TEST) AVG 15Y
6.31
QUICK RATIO (ACID-TEST) AVG 20Y
5.87
CURRENT VS TTM AVG
-14.17%
CURRENT VS 3Y AVG
-13.85%
CURRENT VS 5Y AVG
-16.27%
CURRENT VS 10Y AVG
-10.44%
CURRENT VS 15Y AVG
-5.10%
CURRENT VS 20Y AVG
+2.11%
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
+337.30%
vs the sector median at left
Energy Recovery, Inc.
Market Cap
$365.71M
Quick Ratio (Acid-Test)
5.99
TTM Avg
6.98
3Y Avg
6.95
5Y Avg
7.16
Market Cap
$370.45M
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.71
3Y Avg
0.60
5Y Avg
0.63
Market Cap
$372.55M
Quick Ratio (Acid-Test)
12.83
TTM Avg
18.24
3Y Avg
9.33
5Y Avg
12.21
Market Cap
$355.69M
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.50
3Y Avg
1.50
5Y Avg
1.50
Market Cap
$382.32M
Quick Ratio (Acid-Test)
1.15
TTM Avg
1.09
3Y Avg
1.11
5Y Avg
1.17
Market Cap
$383.84M
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.83
3Y Avg
0.89
5Y Avg
1.16
Market Cap
$344.38M
Quick Ratio (Acid-Test)
17.20
TTM Avg
11.61
3Y Avg
6.30
5Y Avg
5.27
Market Cap
$389.30M
Quick Ratio (Acid-Test)
0.62
TTM Avg
1.41
3Y Avg
2.57
5Y Avg
2.42
Market Cap
$340.28M
Quick Ratio (Acid-Test)
11.47
TTM Avg
10.16
3Y Avg
10.16
5Y Avg
10.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Recovery, Inc. (ERII) | $365.71M | 5.99 | 6.98 | 6.95 | 7.16 |
| Seanergy Maritime Holdings Corp. (SHIP)vs › | $370.45M | 0.74 | 0.71 | 0.60 | 0.63 |
| Serve Robotics Inc. (SERV)vs › | $372.55M | 12.83 | 18.24 | 9.33 | 12.21 |
| Innovative Aerosystems, Inc. (IA)vs › | $355.69M | 1.49 | 1.50 | 1.50 | 1.50 |
| L.B. Foster Company (FSTR)vs › | $382.32M | 1.15 | 1.09 | 1.11 | 1.17 |
| Xerox Holdings Corporation (XRX)vs › | $383.84M | 0.85 | 0.83 | 0.89 | 1.16 |
| X-Energy, Inc. Class A Common Stock (XE)vs › | $344.38M | 17.20 | 11.61 | 6.30 | 5.27 |
| Montauk Renewables, Inc. (MNTK)vs › | $389.30M | 0.62 | 1.41 | 2.57 | 2.42 |
| Deep Fission, Inc. (FISN)vs › | $340.28M | 11.47 | 10.16 | 10.16 | 10.16 |
| StealthGas Inc. (GASS)vs › | $339.13M | 9.18 | 5.61 | 4.02 | 2.94 |
Quick Ratio
5.99
Excludes inventory
Current Ratio
8.05
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 | 5.99 |
| 2026-03-31 | 7.50 |
| 2025-12-31 | 9.31 |
| 2025-09-30 | 5.75 |
| 2025-06-30 | 6.34 |
| 2025-03-31 | 6.63 |
| 2024-12-31 | 6.35 |
| 2024-09-30 | 8.29 |
| 2024-06-30 | 6.26 |
| 2024-03-31 | 8.56 |
| 2023-12-31 | 7.42 |
| 2023-09-30 | 6.84 |
| 2023-06-30 | 7.50 |
| 2023-03-31 | 8.67 |
| 2022-12-31 | 7.08 |
| 2022-09-30 | 6.31 |
| 2022-06-30 | 6.63 |
| 2022-03-31 | 7.23 |
| 2021-12-31 | 6.64 |
| 2021-09-30 | 7.79 |
| 2021-06-30 | 9.99 |
| 2021-03-31 | 11.48 |
| 2020-12-31 | 8.36 |
| 2020-09-30 | 9.29 |
| 2020-06-30 | 10.10 |
| 2020-03-31 | 3.61 |
| 2019-12-31 | 3.69 |
| 2019-09-30 | 4.01 |
| 2019-06-30 | 4.76 |
| 2019-03-31 | 4.55 |
| 2018-12-31 | 4.15 |
| 2018-09-30 | 3.99 |
| 2018-06-30 | 4.26 |
| 2018-03-31 | 4.32 |
| 2017-12-31 | 6.08 |
| 2017-09-30 | 6.39 |
| 2017-06-30 | 6.97 |
| 2017-03-31 | 8.37 |
| 2016-12-31 | 6.87 |
| 2016-09-30 | 7.12 |
| 2016-06-30 | 7.59 |
| 2016-03-31 | 8.06 |
| 2015-12-31 | 7.30 |
| 2015-09-30 | 4.32 |
| 2015-06-30 | 3.69 |
| 2015-03-31 | 3.46 |
| 2014-12-31 | 3.91 |
| 2014-09-30 | 5.02 |
| 2014-06-30 | 4.97 |
| 2014-03-31 | 5.30 |
| 2013-12-31 | 4.31 |
| 2013-09-30 | 3.82 |
| 2013-06-30 | 4.96 |
| 2013-03-31 | 4.97 |
| 2012-12-31 | 4.33 |
| 2012-09-30 | 4.54 |
| 2012-06-30 | 5.58 |
| 2012-03-31 | 5.73 |
| 2011-12-31 | 4.94 |
| 2011-09-30 | 8.28 |
| 2011-06-30 | 8.51 |
| 2011-03-31 | 9.16 |
| 2010-12-31 | 7.58 |
| 2010-09-30 | 5.41 |
| 2010-06-30 | 4.50 |
| 2010-03-31 | 4.62 |
| 2009-12-31 | 4.91 |
| 2009-09-30 | 12.89 |
| 2009-06-30 | 11.47 |
| 2009-03-31 | 10.78 |
| 2008-12-31 | 8.17 |
| 2008-09-30 | 9.14 |
| 2008-06-30 | 2.31 |
| 2008-03-31 | 2.14 |
| 2007-12-31 | 2.51 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 1.59 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
