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 1.11 is 55% below its 5-year average of 2.46, near the low end of its 5-year range (0.46–16.70).
As of the fiscal period ended Tuesday, June 30, 2026. 1.80% above its 12-month average of 1.09.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.11.
QUICK RATIO (ACID-TEST)
1.11
QUICK RATIO (ACID-TEST) AVG TTM
1.09
QUICK RATIO (ACID-TEST) AVG 3Y
1.37
QUICK RATIO (ACID-TEST) AVG 5Y
2.46
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
+1.80%
CURRENT VS 3Y AVG
-18.87%
CURRENT VS 5Y AVG
-54.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-19.01%
vs the sector median at left
Evolv Technologies Holdings, Inc.
Market Cap
$842.59M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.09
3Y Avg
1.37
5Y Avg
2.46
Market Cap
$848.70M
Quick Ratio (Acid-Test)
2.11
TTM Avg
1.93
3Y Avg
2.07
5Y Avg
1.91
Market Cap
$852.61M
Quick Ratio (Acid-Test)
7.97
TTM Avg
12.79
3Y Avg
10.54
5Y Avg
9.04
Market Cap
$819.93M
Quick Ratio (Acid-Test)
2.42
TTM Avg
1.32
3Y Avg
2.90
5Y Avg
3.76
Market Cap
$873.11M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.11
3Y Avg
1.08
5Y Avg
1.08
Market Cap
$811.20M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$886.43M
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.24
5Y Avg
1.82
Market Cap
$798.21M
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.80
3Y Avg
0.84
5Y Avg
0.67
Market Cap
$888.51M
Quick Ratio (Acid-Test)
1.98
TTM Avg
3.50
3Y Avg
8.07
5Y Avg
8.68
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Evolv Technologies Holdings, Inc. (EVLV) | $842.59M | 1.11 | 1.09 | 1.37 | 2.46 |
| Transcat, Inc. (TRNS)vs › | $848.70M | 2.11 | 1.93 | 2.07 | 1.91 |
| Kornit Digital Ltd. (KRNT)vs › | $852.61M | 7.97 | 12.79 | 10.54 | 9.04 |
| PureCycle Technologies, Inc. (PCT)vs › | $819.93M | 2.42 | 1.32 | 2.90 | 3.76 |
| Aebi Schmidt Holding AG (AEBI)vs › | $873.11M | 1.14 | 1.11 | 1.08 | 1.08 |
| Paysign, Inc. (PAYS)vs › | $811.20M | 1.14 | 1.10 | 1.10 | 1.10 |
| Heartland Express, Inc. (HTLD)vs › | $886.43M | 1.58 | 1.06 | 1.24 | 1.82 |
| Republic Airways Holdings Inc. (RJET)vs › | $798.21M | 0.84 | 0.80 | 0.84 | 0.67 |
| Cryoport, Inc. (CYRX)vs › | $888.51M | 1.98 | 3.50 | 8.07 | 8.68 |
| Nano Nuclear Energy Inc. (NNE)vs › | $893.81M | 79.18 | 34.72 | 29.39 | 29.39 |
Quick Ratio
1.11
Excludes inventory
Current Ratio
1.18
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 | 1.11 |
| 2026-03-31 | 1.14 |
| 2025-12-31 | 1.15 |
| 2025-09-30 | 1.20 |
| 2025-06-30 | 0.85 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 1.08 |
| 2024-09-30 | 1.32 |
| 2024-06-30 | 1.50 |
| 2024-03-31 | 1.64 |
| 2023-12-31 | 2.03 |
| 2023-09-30 | 2.40 |
| 2023-06-30 | 3.09 |
| 2023-03-31 | 4.45 |
| 2022-12-31 | 4.78 |
| 2022-09-30 | 6.54 |
| 2022-06-30 | 8.51 |
| 2022-03-31 | 12.89 |
| 2021-12-31 | 13.49 |
| 2021-09-30 | 16.70 |
| 2021-06-30 | 0.46 |
| 2021-03-31 | 0.52 |
| 2020-12-31 | 0.62 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
