Quick Ratio (Acid-Test): 2.00
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.00 is 16% below its 5-year average of 2.40, near the low end of its 5-year range (1.27–3.86).
As of Friday, June 26, 2026. 21.82% above its 12-month average of 1.64.
FSLR Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
FSLR Average Quick Ratio (Acid-Test) Chart
FSLR Current vs Average Quick Ratio (Acid-Test) Chart
FSLR Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.00
QUICK RATIO (ACID-TEST) AVG TTM
1.64
QUICK RATIO (ACID-TEST) AVG 3Y
1.88
QUICK RATIO (ACID-TEST) AVG 5Y
2.40
QUICK RATIO (ACID-TEST) AVG 10Y
2.88
QUICK RATIO (ACID-TEST) AVG 15Y
2.59
QUICK RATIO (ACID-TEST) AVG 20Y
2.72
CURRENT VS TTM AVG
+21.82%
CURRENT VS 3Y AVG
+6.51%
CURRENT VS 5Y AVG
-16.49%
CURRENT VS 10Y AVG
-30.43%
CURRENT VS 15Y AVG
-22.72%
CURRENT VS 20Y AVG
-26.50%
FSLR Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Solar, Inc. (FSLR) | $26.72B | 2.00 | 1.64 | 1.88 | 2.40 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 1.16 | 2.02 | 1.75 | 1.63 |
| Halliburton Company (HAL)vs › | $28.76B | 1.51 | 1.52 | 1.51 | 1.57 |
| Tenaris S.A. (TS)vs › | $30.69B | 2.33 | 2.21 | 2.08 | 2.01 |
| Expand Energy Corporation (EXE)vs › | $21.19B | 1.01 | 0.82 | 1.16 | 0.98 |
| EQT Corporation (EQT)vs › | $32.31B | 0.76 | 0.73 | 0.88 | 0.78 |
| APA Corporation (APA)vs › | $11.81B | 0.69 | 0.85 | 0.83 | 0.88 |
| Antero Midstream Corporation (AM)vs › | $10.78B | 3.41 | 2.29 | 1.60 | 1.36 |
| Cameco Corporation (CCJ)vs › | $45.11B | 1.68 | 1.24 | 1.94 | 2.60 |
| Enphase Energy, Inc. (ENPH)vs › | $6.22B | 1.84 | 2.56 | 3.15 | 2.91 |
Liquidity Comparison
Quick Ratio
2.00
Excludes inventory
Current Ratio
2.67
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The quick ratio (acid-test) for FSLR stock is 2.00.
- Is First Solar, Inc.'s quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 2.00 is 16% below its 5-year average of 2.40, near the low end of its 5-year range (1.27–3.86).
- What is the TTM average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The TTM average quick ratio (acid-test) for FSLR stock is 1.64.
- What is the 3Y average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The 3Y average quick ratio (acid-test) for FSLR stock is 1.88.
- What is the 5Y average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The 5Y average quick ratio (acid-test) for FSLR stock is 2.40.
- What is the 10Y average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The 10Y average quick ratio (acid-test) for FSLR stock is 2.88.
- What is the 15Y average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The 15Y average quick ratio (acid-test) for FSLR stock is 2.59.
- What is the 20Y average quick ratio (acid-test) for First Solar, Inc. (FSLR)?
- The 20Y average quick ratio (acid-test) for FSLR stock is 2.72.
FSLR Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 2.00 |
| 2025-12-31 | 2.20 |
| 2025-09-30 | 1.45 |
| 2025-06-30 | 1.30 |
| 2025-03-31 | 1.27 |
| 2024-12-31 | 1.80 |
| 2024-09-30 | 1.30 |
| 2024-06-30 | 1.51 |
| 2024-03-31 | 1.74 |
| 2023-12-31 | 2.77 |
| 2023-09-30 | 2.30 |
| 2023-06-30 | 2.49 |
| 2023-03-31 | 2.29 |
| 2022-12-31 | 2.90 |
| 2022-09-30 | 2.91 |
| 2022-06-30 | 3.01 |
| 2022-03-31 | 2.72 |
| 2021-12-31 | 3.26 |
| 2021-09-30 | 3.35 |
| 2021-06-30 | 3.86 |
| 2021-03-31 | 3.86 |
| 2020-12-31 | 2.73 |
| 2020-09-30 | 3.01 |
| 2020-06-30 | 2.92 |
| 2020-03-31 | 3.04 |
| 2019-12-31 | 2.35 |
| 2019-09-30 | 3.15 |
| 2019-06-30 | 3.24 |
| 2019-03-31 | 3.76 |
| 2018-12-31 | 4.04 |
| 2018-09-30 | 4.08 |
| 2018-06-30 | 4.51 |
| 2018-03-31 | 6.38 |
| 2017-12-31 | 5.58 |
| 2017-09-30 | 6.44 |
| 2017-06-30 | 6.09 |
| 2017-03-31 | 5.43 |
| 2016-12-31 | 3.74 |
| 2016-09-30 | 2.14 |
| 2016-06-30 | 2.73 |
| 2016-03-31 | 2.51 |
| 2015-12-31 | 2.94 |
| 2015-09-30 | 3.10 |
| 2015-06-30 | 2.82 |
| 2015-03-31 | 2.57 |
| 2014-12-31 | 2.56 |
| 2014-09-30 | 2.95 |
| 2014-06-30 | 2.25 |
| 2014-03-31 | 2.57 |
| 2013-12-31 | 2.06 |
| 2013-09-30 | 1.92 |
| 2013-06-30 | 1.69 |
| 2013-03-31 | 1.69 |
| 2012-12-31 | 2.09 |
| 2012-09-30 | 1.91 |
| 2012-06-30 | 1.96 |
| 2012-03-31 | 1.87 |
| 2011-12-31 | 2.14 |
| 2011-09-30 | 2.67 |
| 2011-06-30 | 2.56 |
| 2011-03-31 | 2.39 |
| 2010-12-31 | 2.96 |
| 2010-09-25 | 3.13 |
| 2010-06-26 | 4.37 |
| 2010-03-27 | 3.82 |
| 2009-12-31 | 3.03 |
| 2009-09-30 | 2.96 |
| 2009-07-31 | 2.96 |
| 2009-03-31 | 3.51 |
| 2008-12-31 | 2.50 |
| 2008-09-27 | 2.81 |
| 2008-06-28 | 2.62 |
| 2008-03-29 | 3.25 |
| 2007-12-31 | 4.09 |
| 2007-09-29 | 6.81 |
| 2007-06-30 | 5.15 |
| 2007-03-31 | 5.46 |
| 2006-12-31 | 7.14 |
| 2006-09-30 | 1.13 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.58 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 1.61 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
Related Metrics
About First Solar, Inc.
First Solar, Inc. is a global provider of photovoltaic (PV) solar energy solutions, operating in numerous international markets including the United States, Japan, France, Canada, India, and Australia. The company's primary activity involves the engineering, manufacturing, and sale of cadmium telluride solar modules, which are designed to convert solar radiation directly into electricity. Its clientele is broad, serving system developers and operators, utility companies, independent power producers, commercial and industrial businesses, and various other system owners. Founded in 1999, the firm is based in Tempe, Arizona, and underwent a name change in 2006 from its former designation, First Solar Holdings, Inc.
- Sector
- Energy
- Industry
- Solar
- CEO
- Mark R. Widmar