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 0.87 is 70% below its 1-year average of 2.92, near the low end of its 1-year range (0.00–8.87).
As of the fiscal period ended Tuesday, March 31, 2026. 70.21% below its 12-month average of 2.92.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
2.92
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
-70.21%
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 · UTILITIES
0.62
median of 35 covered companies
CURRENT VS SECTOR MEDIAN
+40.25%
vs the sector median at left
Fermi Inc. Common Stock
Market Cap
$3.94B
Quick Ratio (Acid-Test)
0.87
TTM Avg
2.92
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.24B
Quick Ratio (Acid-Test)
0.69
TTM Avg
0.58
3Y Avg
0.61
5Y Avg
0.56
Market Cap
$2.93B
Quick Ratio (Acid-Test)
N/A
TTM Avg
4.78
3Y Avg
4.67
5Y Avg
3.44
Market Cap
$2.43B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.18
3Y Avg
1.13
5Y Avg
0.94
Market Cap
$5.68B
Quick Ratio (Acid-Test)
0.53
TTM Avg
0.94
3Y Avg
0.74
5Y Avg
0.71
Market Cap
$2.12B
Quick Ratio (Acid-Test)
0.55
TTM Avg
0.63
3Y Avg
0.67
5Y Avg
0.61
Market Cap
$1.08B
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.76
3Y Avg
1.05
5Y Avg
1.06
Market Cap
$542.40M
Quick Ratio (Acid-Test)
N/A
TTM Avg
10.16
3Y Avg
10.16
5Y Avg
10.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fermi Inc. Common Stock (FRMI) | $3.94B | 0.87 | 2.92 | N/A | N/A |
| Avista Corporation (AVA)vs › | $3.24B | 0.69 | 0.58 | 0.61 | 0.56 |
| NuScale Power Corporation (SMR)vs › | $2.93B | N/A | 4.78 | 4.67 | 3.44 |
| Fluence Energy, Inc. (FLNC)vs › | $2.43B | 0.89 | 1.18 | 1.13 | 0.94 |
| Black Hills Corporation (BKH)vs › | $5.68B | 0.53 | 0.94 | 0.74 | 0.71 |
| Northwest Natural Holding Company (NWN)vs › | $2.12B | 0.55 | 0.63 | 0.67 | 0.61 |
| XPLR Infrastructure, LP (XIFR)vs › | $1.08B | 1.14 | 0.76 | 1.05 | 1.06 |
| UGI Corporation (UGI)vs › | $7.33B | 0.87 | 0.65 | 0.82 | 0.88 |
| Deep Fission, Inc. (FISN)vs › | $542.40M | N/A | 10.16 | 10.16 | 10.16 |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 1.02 | 1.23 | 1.53 | 1.35 |
Quick Ratio
0.87
Excludes inventory
Current Ratio
0.87
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) |
|---|---|
| 2026-03-31 | 0.87 |
| 2025-12-31 | 2.31 |
| 2025-09-30 | 0.00 |
| 2025-06-30 | 8.87 |
| 2025-03-31 | 2.54 |
