Basis: Latest reported fiscal year. 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 2.71 is 94% above its 1-year average of 1.40, near the high end of its 1-year range (0.08–2.71).
As of the fiscal period ended Tuesday, December 31, 2024. 94.27% above its 12-month average of 1.40.
Limited history available
FOFO Quick Ratio has fewer than three reported periods, so a trend chart would be misleading.
QUICK RATIO (ACID-TEST)
2.71
QUICK RATIO (ACID-TEST) AVG TTM
1.40
QUICK RATIO (ACID-TEST) AVG 3Y
N/A
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
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
+94.27%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
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
+97.81%
vs the sector median at left
Hang Feng Technology Innovation Co., Ltd. Ordinary Shares
Market Cap
$15.29M
Quick Ratio (Acid-Test)
2.71
TTM Avg
1.40
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$15.07M
Quick Ratio (Acid-Test)
0.79
TTM Avg
1.27
3Y Avg
22.98
5Y Avg
26.43
Market Cap
$15.04M
Quick Ratio (Acid-Test)
2.54
TTM Avg
2.81
3Y Avg
1.97
5Y Avg
1.80
Market Cap
$15.18M
Quick Ratio (Acid-Test)
1.46
TTM Avg
1.43
3Y Avg
1.20
5Y Avg
1.14
Market Cap
$15.08M
Quick Ratio (Acid-Test)
0.90
TTM Avg
1.94
3Y Avg
1.80
5Y Avg
1.56
Market Cap
$16.43M
Quick Ratio (Acid-Test)
4.88
TTM Avg
3.52
3Y Avg
4.52
5Y Avg
3.02
Market Cap
$16.61M
Quick Ratio (Acid-Test)
3.43
TTM Avg
2.54
3Y Avg
2.80
5Y Avg
2.43
Market Cap
$13.70M
Quick Ratio (Acid-Test)
0.98
TTM Avg
2.63
3Y Avg
1.71
5Y Avg
1.87
Market Cap
$16.91M
Quick Ratio (Acid-Test)
0.64
TTM Avg
0.47
3Y Avg
0.49
5Y Avg
0.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO) | $15.29M | 2.71 | 1.40 | N/A | N/A |
| PS International Group Ltd. (PSIG)vs › | $15.07M | 0.79 | 1.27 | 22.98 | 26.43 |
| OneConstruction Group Limited (ONEG)vs › | $15.04M | 2.54 | 2.81 | 1.97 | 1.80 |
| High-Trend International Group (HTCO)vs › | $15.18M | 1.46 | 1.43 | 1.20 | 1.14 |
| Greenpro Capital Corp. (GRNQ)vs › | $15.08M | 0.90 | 1.94 | 1.80 | 1.56 |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.43M | 4.88 | 3.52 | 4.52 | 3.02 |
| LiqTech International, Inc. (LIQT)vs › | $16.61M | 3.43 | 2.54 | 2.80 | 2.43 |
| Knightscope, Inc. (KSCP)vs › | $13.70M | 0.98 | 2.63 | 1.71 | 1.87 |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 0.64 | 0.47 | 0.49 | 0.53 |
| Astrotech Corporation (ASTC)vs › | $14.02M | 5.23 | 6.50 | 10.45 | 12.80 |
Quick Ratio
2.71
Excludes inventory
Current Ratio
2.71
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) |
|---|---|
| 2024-12-31 | 2.71 |
| 2023-12-31 | 0.08 |
