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 0.89 is 11% below its 5-year average of 0.99, around the middle of its 5-year range (0.35–1.37).
As of the fiscal period ended Tuesday, June 30, 2026. 10.59% below its 12-month average of 0.99.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.89.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
0.99
QUICK RATIO (ACID-TEST) AVG 3Y
1.03
QUICK RATIO (ACID-TEST) AVG 5Y
0.99
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
-10.59%
CURRENT VS 3Y AVG
-13.46%
CURRENT VS 5Y AVG
-10.52%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
0.67
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+33.68%
vs the sector median at left
Fluence Energy, Inc.
Market Cap
$1.40B
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.99
3Y Avg
1.03
5Y Avg
0.99
Market Cap
$1.01B
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.76
3Y Avg
1.05
5Y Avg
1.06
Market Cap
$1.99B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.63
3Y Avg
0.67
5Y Avg
0.61
Market Cap
$2.97B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
Market Cap
$5.37B
Quick Ratio (Acid-Test)
0.41
TTM Avg
0.94
3Y Avg
0.74
5Y Avg
0.71
Market Cap
$8.90B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.58
3Y Avg
0.64
5Y Avg
0.68
Market Cap
$10.56B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.71
3Y Avg
0.76
5Y Avg
0.83
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fluence Energy, Inc. (FLNC) | $1.40B | 0.89 | 0.99 | 1.03 | 0.99 |
| XPLR Infrastructure, LP (XIFR)vs › | $1.01B | 1.14 | 0.76 | 1.05 | 1.06 |
| Northwest Natural Holding Company (NWN)vs › | $1.99B | 0.55 | 0.63 | 0.67 | 0.61 |
| Avista Corporation (AVA)vs › | $2.97B | 0.69 | 0.58 | 0.61 | 0.56 |
| Black Hills Corporation (BKH)vs › | $5.37B | 0.41 | 0.94 | 0.74 | 0.71 |
| Oklo Inc. (OKLO)vs › | $6.75B | 48.46 | 46.27 | 28.38 | 27.49 |
| UGI Corporation (UGI)vs › | $7.85B | 1.22 | 0.65 | 0.82 | 0.88 |
| Brookfield Renewable Partners L.P. (BEP)vs › | $8.90B | 0.79 | 0.58 | 0.64 | 0.68 |
| The AES Corporation (AES)vs › | $10.56B | 0.67 | 0.71 | 0.76 | 0.83 |
| Pinnacle West Capital Corporation (PNW)vs › | $11.15B | 0.41 | 0.36 | 0.49 | 0.55 |
Quick Ratio
0.89
Excludes inventory
Current Ratio
1.34
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) |
|---|---|
| 2026-06-30 | 0.89 |
| 2026-03-31 | 0.77 |
| 2025-12-31 | 1.08 |
| 2025-09-30 | 1.17 |
| 2025-06-30 | 1.06 |
| 2025-03-31 | 0.99 |
| 2024-12-31 | 1.14 |
| 2024-09-30 | 1.19 |
| 2024-06-30 | 0.92 |
| 2024-03-31 | 1.04 |
| 2023-12-31 | 0.88 |
| 2023-09-30 | 1.30 |
| 2023-06-30 | 0.92 |
| 2023-03-31 | 0.78 |
| 2022-12-31 | 0.61 |
| 2022-09-30 | 0.86 |
| 2022-06-30 | 1.10 |
| 2022-03-31 | 1.37 |
| 2021-12-31 | 1.34 |
| 2021-09-30 | 0.35 |
| 2021-06-30 | 0.46 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |