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 4.27 is 264% above its 5-year average of 1.17, near the high end of its 5-year range (0.90–4.27).
As of the fiscal period ended Friday, July 31, 2026. 128.32% above its 12-month average of 1.87.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-07-31): 4.27.
QUICK RATIO (ACID-TEST)
4.27
QUICK RATIO (ACID-TEST) AVG TTM
1.87
QUICK RATIO (ACID-TEST) AVG 3Y
1.13
QUICK RATIO (ACID-TEST) AVG 5Y
1.17
QUICK RATIO (ACID-TEST) AVG 10Y
2.90
QUICK RATIO (ACID-TEST) AVG 15Y
3.51
QUICK RATIO (ACID-TEST) AVG 20Y
3.64
CURRENT VS TTM AVG
+128.32%
CURRENT VS 3Y AVG
+279.17%
CURRENT VS 5Y AVG
+263.86%
CURRENT VS 10Y AVG
+47.17%
CURRENT VS 15Y AVG
+21.47%
CURRENT VS 20Y AVG
+17.14%
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 580 covered companies
CURRENT VS SECTOR MEDIAN
+148.22%
vs the sector median at left
Frequency Electronics, Inc.
Market Cap
$852.02M
Quick Ratio (Acid-Test)
4.27
TTM Avg
1.87
3Y Avg
1.13
5Y Avg
1.17
Market Cap
$850.07M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.33
3Y Avg
1.85
5Y Avg
1.80
Market Cap
$861.38M
Quick Ratio (Acid-Test)
2.17
TTM Avg
1.74
3Y Avg
1.57
5Y Avg
1.30
Market Cap
$869.85M
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.38
3Y Avg
1.48
5Y Avg
1.56
Market Cap
$875.18M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.60
3Y Avg
1.48
5Y Avg
1.41
Market Cap
$822.80M
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.08
3Y Avg
1.04
5Y Avg
1.15
Market Cap
$878.24M
Quick Ratio (Acid-Test)
11.65
TTM Avg
12.07
3Y Avg
10.38
5Y Avg
10.04
Market Cap
$877.42M
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.45
3Y Avg
0.26
5Y Avg
0.27
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Frequency Electronics, Inc. (FEIM) | $852.02M | 4.27 | 1.87 | 1.13 | 1.17 |
| Playtika Holding Corp. (PLTK)vs › | $850.07M | 1.14 | 1.33 | 1.85 | 1.80 |
| Daktronics, Inc. (DAKT)vs › | $861.38M | 2.17 | 1.74 | 1.57 | 1.30 |
| PubMatic, Inc. (PUBM)vs › | $869.85M | 1.27 | 1.38 | 1.48 | 1.56 |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $875.18M | 1.86 | 1.60 | 1.48 | 1.41 |
| Backblaze, Inc. (BLZE)vs › | $822.80M | 1.00 | 1.08 | 1.04 | 1.15 |
| Rapid7, Inc. (RPD)vs › | $819.65M | 0.80 | 1.23 | 1.13 | 1.13 |
| Daily Journal Corporation (DJCO)vs › | $878.24M | 11.65 | 12.07 | 10.38 | 10.04 |
| Rezolve AI PLC (RZLV)vs › | $877.42M | 0.49 | 0.45 | 0.26 | 0.27 |
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ)vs › | $896.48M | 33.84 | 3.79 | 21.08 | 21.08 |
Quick Ratio
4.27
Excludes inventory
Current Ratio
5.34
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) |
|---|---|
| 2026-07-31 | 4.27 |
| 2026-04-30 | 1.21 |
| 2026-01-31 | 1.32 |
| 2025-10-31 | 1.33 |
| 2025-07-31 | 1.21 |
| 2025-04-30 | 1.26 |
| 2025-01-31 | 1.08 |
| 2024-10-31 | 0.93 |
| 2024-07-31 | 0.90 |
| 2024-04-30 | 1.13 |
| 2024-01-31 | 1.03 |
| 2023-10-31 | 1.07 |
| 2023-07-31 | 1.03 |
| 2023-04-30 | 1.02 |
| 2023-01-31 | 0.97 |
| 2022-10-31 | 1.32 |
| 2022-07-31 | 1.47 |
| 2022-04-30 | 1.65 |
| 2022-01-31 | 2.94 |
| 2021-10-31 | 3.10 |
| 2021-07-31 | 2.30 |
| 2021-04-30 | 2.02 |
| 2021-01-31 | 3.60 |
| 2020-10-31 | 2.66 |
| 2020-07-31 | 2.60 |
| 2020-04-30 | 2.17 |
| 2020-01-31 | 3.03 |
| 2019-10-31 | 3.10 |
| 2019-07-31 | 4.33 |
| 2019-04-30 | 5.03 |
| 2019-01-31 | 5.86 |
| 2018-10-31 | 6.12 |
| 2018-07-31 | 5.79 |
| 2018-04-30 | 4.92 |
| 2018-01-31 | 4.14 |
| 2017-10-31 | 5.05 |
| 2017-07-31 | 4.94 |
| 2017-04-30 | 5.03 |
| 2017-01-31 | 5.36 |
| 2016-10-31 | 6.01 |
| 2016-07-31 | 4.62 |
| 2016-04-30 | 4.91 |
| 2016-01-31 | 5.15 |
| 2015-10-31 | 6.36 |
| 2015-07-31 | 5.79 |
| 2015-04-30 | 5.43 |
| 2015-01-31 | 5.06 |
| 2014-10-31 | 4.74 |
| 2014-07-31 | 4.47 |
| 2014-04-30 | 4.81 |
| 2014-01-31 | 5.83 |
| 2013-10-31 | 6.37 |
| 2013-07-31 | 4.78 |
| 2013-04-30 | 4.68 |
| 2013-01-31 | 2.92 |
| 2012-10-31 | 2.79 |
| 2012-07-31 | 2.96 |
| 2012-04-30 | 2.78 |
| 2012-01-31 | 4.67 |
| 2011-10-31 | 5.90 |
| 2011-07-31 | 5.04 |
| 2011-04-30 | 5.32 |
| 2011-01-31 | 4.98 |
| 2010-10-31 | 4.13 |
| 2010-07-31 | 4.74 |
| 2010-04-30 | 4.61 |
| 2010-01-31 | 4.40 |
| 2009-10-31 | 4.41 |
| 2009-07-31 | 3.78 |
| 2009-04-30 | 3.73 |
| 2009-01-31 | 3.52 |
| 2008-10-31 | 3.24 |
| 2008-07-31 | 3.10 |
| 2008-04-30 | 3.38 |
| 2008-01-31 | 3.32 |
| 2007-10-31 | 2.75 |
| 2007-07-31 | 3.04 |
| 2007-04-30 | 2.67 |
| 2007-01-31 | 4.59 |
| 2006-10-31 | 5.89 |
| 2006-07-31 | 5.23 |
| 2006-04-30 | 6.27 |
| 2006-01-31 | 5.45 |
| 2005-10-31 | 6.74 |
| 2005-07-31 | 6.94 |
| 2005-04-30 | 4.73 |
| 2005-01-31 | 5.54 |
| 2004-10-31 | 6.10 |
| 2004-07-31 | 6.07 |
| 2004-04-30 | 4.30 |
| 2004-01-31 | 4.34 |
| 2003-10-31 | 6.36 |
| 2003-07-31 | 6.96 |
| 2003-04-30 | 8.48 |
| 2003-01-31 | 11.05 |
| 2002-10-31 | 9.14 |