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 13.85 is 185% above its 5-year average of 4.86, near the high end of its 5-year range (-6.16–13.85).
As of the fiscal period ended Saturday, February 28, 2026. 28.31% above its 12-month average of 10.80.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
13.85
QUICK RATIO (ACID-TEST) AVG TTM
10.80
QUICK RATIO (ACID-TEST) AVG 3Y
5.57
QUICK RATIO (ACID-TEST) AVG 5Y
4.86
QUICK RATIO (ACID-TEST) AVG 10Y
3.01
QUICK RATIO (ACID-TEST) AVG 15Y
2.46
QUICK RATIO (ACID-TEST) AVG 20Y
2.38
CURRENT VS TTM AVG
+28.31%
CURRENT VS 3Y AVG
+148.76%
CURRENT VS 5Y AVG
+185.34%
CURRENT VS 10Y AVG
+360.55%
CURRENT VS 15Y AVG
+463.06%
CURRENT VS 20Y AVG
+480.91%
Franklin Universal Trust
Market Cap
$196.78M
Quick Ratio (Acid-Test)
13.85
TTM Avg
10.80
3Y Avg
5.57
5Y Avg
4.86
Market Cap
$187.17M
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.01
3Y Avg
0.97
5Y Avg
0.73
Market Cap
$183.44M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.83
3Y Avg
0.80
5Y Avg
0.70
Market Cap
$155.72M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$139.92M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$291.62M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$74.22M
Quick Ratio (Acid-Test)
N/A
TTM Avg
3.56
3Y Avg
7.38
5Y Avg
6.51
Market Cap
$324.79M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
Market Cap
$5.89M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Universal Trust (FT) | $196.78M | 13.85 | 10.80 | 5.57 | 4.86 |
| The New Germany Fund, Inc. (GF)vs › | $187.17M | N/A | 1.01 | 0.97 | 0.73 |
| DeFi Technologies Inc. (DEFT)vs › | $183.44M | N/A | 0.83 | 0.80 | 0.70 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $155.72M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $139.92M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $291.62M | N/A | 0.13 | 0.24 | 0.28 |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $74.22M | N/A | 3.56 | 7.38 | 6.51 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $324.79M | N/A | 0.28 | 0.51 | 0.50 |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.44 | 1.44 | 1.34 | 1.27 |
Quick Ratio
13.85
Excludes inventory
Current Ratio
13.85
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) |
|---|---|
| 2026-02-28 | 13.85 |
| 2025-08-31 | 12.80 |
| 2025-02-28 | 5.74 |
| 2024-08-31 | 9.86 |
| 2024-02-29 | 1.78 |
| 2023-08-31 | -6.16 |
| 2023-02-28 | 1.12 |
| 2022-08-31 | 4.89 |
| 2022-02-28 | 6.87 |
| 2021-08-31 | 1.85 |
| 2021-02-28 | 0.81 |
| 2020-08-31 | 2.36 |
| 2020-02-29 | 1.46 |
| 2019-08-31 | -2.40 |
| 2019-02-28 | 1.27 |
| 2018-08-31 | 4.06 |
| 2018-02-28 | 3.98 |
| 2017-08-31 | 3.23 |
| 2017-02-28 | 1.97 |
| 2016-08-31 | 3.31 |
| 2016-02-29 | 1.98 |
| 2015-08-31 | 3.15 |
| 2015-02-28 | 1.56 |
| 2014-08-31 | 3.06 |
| 2014-02-28 | 2.87 |
| 2013-08-31 | 1.73 |
| 2013-02-28 | 1.92 |
| 2012-08-31 | 2.35 |
| 2012-02-29 | 1.44 |
| 2011-08-31 | 2.56 |
| 2011-02-28 | 1.03 |
| 2010-08-31 | 4.23 |
| 2010-02-28 | 1.86 |
| 2009-08-31 | 2.75 |
| 2009-02-28 | 2.06 |
| 2008-08-31 | 2.92 |
| 2008-02-29 | 2.44 |
| 2007-08-31 | 3.43 |
| 2007-02-28 | 1.93 |
| 2006-08-31 | 2.72 |
| 2006-02-28 | 0.97 |
| 2005-08-31 | 2.33 |
| 2005-02-28 | 4.42 |
| 2004-08-31 | 3.80 |
| 2004-02-29 | 0.57 |
| 2003-08-31 | 1.43 |
| 2002-08-31 | 19.50 |
| 2001-08-31 | 30.00 |
