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 0.00 is 98% below its 5-year average of 0.16, near the low end of its 5-year range (0.00–5.67).
As of the fiscal period ended Tuesday, June 30, 2026. 90.70% below its 12-month average of 0.03.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.00.
QUICK RATIO (ACID-TEST)
0.00
QUICK RATIO (ACID-TEST) AVG TTM
0.03
QUICK RATIO (ACID-TEST) AVG 3Y
0.11
QUICK RATIO (ACID-TEST) AVG 5Y
0.16
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
-90.70%
CURRENT VS 3Y AVG
-97.24%
CURRENT VS 5Y AVG
-98.04%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.41
median of 197 covered companies
CURRENT VS SECTOR MEDIAN
-99.78%
vs the sector median at left
Flag Ship Acquisition Corporation
Market Cap
$56.64M
Quick Ratio (Acid-Test)
0.00
TTM Avg
0.03
3Y Avg
0.11
5Y Avg
0.16
Market Cap
$57.37M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$57.60M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$55.44M
Quick Ratio (Acid-Test)
10.42
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$54.79M
Quick Ratio (Acid-Test)
2.12
TTM Avg
1.17
3Y Avg
1.32
5Y Avg
1.32
Market Cap
$54.66M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$60.18M
Quick Ratio (Acid-Test)
0.05
TTM Avg
2.94
3Y Avg
2.94
5Y Avg
2.94
Market Cap
$53.01M
Quick Ratio (Acid-Test)
0.35
TTM Avg
0.60
3Y Avg
0.59
5Y Avg
0.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flag Ship Acquisition Corporation (FSHP) | $56.64M | 0.00 | 0.03 | 0.11 | 0.16 |
| Hyperion DeFi, Inc. (HYPD)vs › | $57.37M | N/A | N/A | N/A | N/A |
| Great Elm Capital Corp. (GECC)vs › | $57.60M | N/A | N/A | N/A | N/A |
| M Evo Global Acquisition Corp II Class A Ordinary Shares (MEVO)vs › | $55.44M | 10.42 | N/A | N/A | N/A |
| IB Acquisition Corp. Common Stock (IBAC)vs › | $54.79M | 2.12 | 1.17 | 1.32 | 1.32 |
| OFS Capital Corporation (OFS)vs › | $54.66M | N/A | N/A | N/A | N/A |
| Streamex Corp. (STEX)vs › | $58.70M | N/A | N/A | N/A | N/A |
| Cayson Acquisition Corp Ordinary shares (CAPN)vs › | $60.18M | 0.05 | 2.94 | 2.94 | 2.94 |
| MarketWise, Inc. (MKTW)vs › | $53.01M | 0.35 | 0.60 | 0.59 | 0.58 |
| Advasa Holdings Inc. (ADBT)vs › | $61.57M | N/A | N/A | N/A | N/A |
Quick Ratio
0.00
Excludes inventory
Current Ratio
0.00
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 | 0.00 |
| 2026-03-31 | 0.01 |
| 2025-12-31 | 0.02 |
| 2025-09-30 | 0.05 |
| 2025-06-30 | 0.09 |
| 2025-03-31 | 0.18 |
| 2024-12-31 | 0.24 |
| 2024-09-30 | 0.37 |
| 2024-06-30 | 5.67 |
| 2024-03-31 | 0.10 |
| 2023-12-31 | 0.28 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 0.43 |
| 2022-09-30 | 0.07 |
| 2021-12-31 | 0.35 |
| 2021-09-30 | 0.49 |
| 2020-12-31 | 0.14 |
