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 0.90 is 11% below its 5-year average of 1.00, near the low end of its 5-year range (0.68–2.06).
As of the fiscal period ended Tuesday, June 30, 2026. 38.65% below its 12-month average of 1.46.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 0.90.
QUICK RATIO (ACID-TEST)
0.90
QUICK RATIO (ACID-TEST) AVG TTM
1.46
QUICK RATIO (ACID-TEST) AVG 3Y
1.12
QUICK RATIO (ACID-TEST) AVG 5Y
1.00
QUICK RATIO (ACID-TEST) AVG 10Y
1.56
QUICK RATIO (ACID-TEST) AVG 15Y
1.58
QUICK RATIO (ACID-TEST) AVG 20Y
1.53
CURRENT VS TTM AVG
-38.65%
CURRENT VS 3Y AVG
-19.95%
CURRENT VS 5Y AVG
-10.72%
CURRENT VS 10Y AVG
-42.70%
CURRENT VS 15Y AVG
-43.14%
CURRENT VS 20Y AVG
-41.63%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.90
median of 277 covered companies
CURRENT VS SECTOR MEDIAN
-0.47%
vs the sector median at left
Flexsteel Industries, Inc.
Market Cap
$471.80M
Quick Ratio (Acid-Test)
0.90
TTM Avg
1.46
3Y Avg
1.12
5Y Avg
1.00
Market Cap
$470.00M
Quick Ratio (Acid-Test)
1.95
TTM Avg
2.28
3Y Avg
2.20
5Y Avg
2.20
Market Cap
$478.48M
Quick Ratio (Acid-Test)
0.72
TTM Avg
1.05
3Y Avg
1.24
5Y Avg
1.11
Market Cap
$454.80M
Quick Ratio (Acid-Test)
0.60
TTM Avg
0.59
3Y Avg
0.57
5Y Avg
0.72
Market Cap
$490.31M
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.71
3Y Avg
2.01
5Y Avg
1.99
Market Cap
$440.15M
Quick Ratio (Acid-Test)
0.38
TTM Avg
0.08
3Y Avg
0.29
5Y Avg
0.37
Market Cap
$426.71M
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.05
3Y Avg
1.17
5Y Avg
1.21
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flexsteel Industries, Inc. (FLXS) | $471.80M | 0.90 | 1.46 | 1.12 | 1.00 |
| Johnson Outdoors Inc. (JOUT)vs › | $470.00M | 1.95 | 2.28 | 2.20 | 2.20 |
| Arko Corp. (ARKO)vs › | $474.55M | 1.15 | 1.16 | 1.13 | 1.13 |
| MasterCraft Boat Holdings, Inc. (MCFT)vs › | $478.48M | 0.72 | 1.05 | 1.24 | 1.11 |
| Malibu Boats, Inc. (MBUU)vs › | $454.80M | 0.60 | 0.59 | 0.57 | 0.72 |
| Kura Sushi USA, Inc. (KRUS)vs › | $490.31M | 1.20 | 1.71 | 2.01 | 1.99 |
| El Pollo Loco Holdings, Inc. (LOCO)vs › | $440.15M | 0.38 | 0.08 | 0.29 | 0.37 |
| Monro Inc. (MNRO)vs › | $432.85M | 0.16 | 0.17 | 0.19 | 0.21 |
| Fossil Group, Inc. (FOSL)vs › | $426.71M | 1.05 | 1.05 | 1.17 | 1.21 |
| Codere Online Luxembourg, S.A. (CDRO)vs › | $424.92M | 1.77 | 1.39 | 1.41 | 1.57 |
Quick Ratio
0.90
Excludes inventory
Current Ratio
2.09
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 | 0.90 |
| 2026-03-31 | 2.06 |
| 2025-12-31 | 1.49 |
| 2025-09-30 | 1.51 |
| 2025-06-30 | 1.34 |
| 2025-03-31 | 1.30 |
| 2024-12-31 | 1.14 |
| 2024-09-30 | 1.04 |
| 2024-06-30 | 0.97 |
| 2024-03-31 | 0.99 |
| 2023-12-31 | 0.90 |
| 2023-09-30 | 0.95 |
| 2023-06-30 | 0.88 |
| 2023-03-31 | 0.88 |
| 2022-12-31 | 0.92 |
| 2022-09-30 | 0.91 |
| 2022-06-30 | 0.76 |
| 2022-03-31 | 0.78 |
| 2021-12-31 | 0.89 |
| 2021-09-30 | 0.84 |
| 2021-06-30 | 0.68 |
| 2021-03-31 | 1.19 |
| 2020-12-31 | 1.59 |
| 2020-09-30 | 1.90 |
| 2020-06-30 | 2.08 |
| 2020-03-31 | 1.74 |
| 2019-12-31 | 1.68 |
| 2019-09-30 | 1.72 |
| 2019-06-30 | 1.51 |
| 2019-03-31 | 2.22 |
| 2018-12-31 | 1.98 |
| 2018-09-30 | 2.13 |
| 2018-06-30 | 2.28 |
| 2018-03-31 | 2.18 |
| 2017-12-31 | 2.34 |
| 2017-09-30 | 2.41 |
| 2017-06-30 | 2.58 |
| 2017-03-31 | 2.70 |
| 2016-12-31 | 2.28 |
| 2016-09-30 | 2.75 |
| 2016-06-30 | 2.71 |
| 2016-03-31 | 2.11 |
| 2015-12-31 | 1.51 |
| 2015-09-30 | 1.39 |
| 2015-06-30 | 1.04 |
| 2015-03-31 | 1.42 |
| 2014-12-31 | 1.20 |
| 2014-09-30 | 1.02 |
| 2014-06-30 | 1.84 |
| 2014-03-31 | 1.87 |
| 2013-12-31 | 1.45 |
| 2013-09-30 | 1.51 |
| 2013-06-30 | 1.60 |
| 2013-03-31 | 1.70 |
| 2012-12-31 | 1.58 |
| 2012-09-30 | 1.56 |
| 2012-06-30 | 1.66 |
| 2012-03-31 | 1.91 |
| 2011-12-31 | 1.80 |
| 2011-09-30 | 1.89 |
| 2011-06-30 | 1.98 |
| 2011-03-31 | 1.76 |
| 2010-12-31 | 1.64 |
| 2010-09-30 | 1.46 |
| 2010-06-30 | 1.59 |
| 2010-03-31 | 1.62 |
| 2009-12-31 | 1.46 |
| 2009-09-30 | 1.22 |
| 2009-06-30 | 1.13 |
| 2009-03-31 | 1.35 |
| 2008-12-31 | 1.25 |
| 2008-09-30 | 1.26 |
| 2008-06-30 | 1.38 |
| 2008-03-31 | 1.58 |
| 2007-12-31 | 1.35 |
| 2007-09-30 | 1.33 |
| 2007-06-30 | 1.42 |
| 2007-03-31 | 1.37 |
| 2006-12-31 | 1.49 |
| 2006-09-30 | 1.29 |
| 2006-06-30 | 1.25 |
| 2006-03-31 | 1.19 |
| 2005-12-31 | 0.98 |
| 2005-09-30 | 1.07 |
| 2005-06-30 | 1.36 |
| 2005-03-31 | 1.67 |
| 2004-12-31 | 1.41 |
| 2004-09-30 | 1.25 |
| 2004-06-30 | 1.33 |
| 2004-03-31 | 1.67 |
| 2003-12-31 | 1.61 |
| 2003-09-30 | 1.68 |
| 2003-06-30 | 2.59 |
| 2003-03-31 | 2.35 |
| 2002-12-31 | 2.29 |
| 2002-09-30 | 2.00 |