Quick Ratio (Acid-Test): 13.85
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 Thursday, June 25, 2026. 28.31% above its 12-month average of 10.80.
FT Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
FT Average Quick Ratio (Acid-Test) Chart
FT Current vs Average Quick Ratio (Acid-Test) Chart
FT Quick Ratio (Acid-Test) Metrics
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%
FT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Franklin Universal Trust (FT) | $200.80M | 13.85 | 10.80 | 5.57 | 4.86 |
| DeFi Technologies Inc. (DEFT)vs › | $162.78M | 0.88 | 0.83 | 0.80 | 0.81 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $158.30M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $122.80M | N/A | N/A | N/A | N/A |
| Isabella Bank Corporation (ISBA)vs › | $292.65M | 0.12 | 0.13 | 0.24 | 0.28 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $315.84M | 0.00 | 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 |
| Lufax Holding Ltd (LU)vs › | $536.66M | 0.56 | 0.56 | 13.19 | 14.96 |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $633.98M | N/A | N/A | N/A | N/A |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $1.11B | 1.10 | 1.04 | 1.68 | 4.21 |
Liquidity Comparison
Quick Ratio
13.85
Excludes inventory
Current Ratio
12.80
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 Franklin Universal Trust (FT)?
- The quick ratio (acid-test) for FT stock is 13.85.
- Is Franklin Universal Trust's 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).
- What is the TTM average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The TTM average quick ratio (acid-test) for FT stock is 10.80.
- What is the 3Y average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The 3Y average quick ratio (acid-test) for FT stock is 5.57.
- What is the 5Y average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The 5Y average quick ratio (acid-test) for FT stock is 4.86.
- What is the 10Y average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The 10Y average quick ratio (acid-test) for FT stock is 3.01.
- What is the 15Y average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The 15Y average quick ratio (acid-test) for FT stock is 2.46.
- What is the 20Y average quick ratio (acid-test) for Franklin Universal Trust (FT)?
- The 20Y average quick ratio (acid-test) for FT stock is 2.38.
FT Quick Ratio (Acid-Test) History
| 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 |
Related Metrics
About Franklin Universal Trust
Established on September 23, 1988, Franklin Universal Trust operates as a U.S.-domiciled, closed-end balanced mutual fund. It was initiated by Franklin Resources, Inc. and is actively managed by Franklin Advisers, Inc. The fund directs its capital towards the public equity and fixed income markets throughout the United States, specifically focusing its equity investments on the utility sector. Employing fundamental analysis, it constructs a diverse portfolio comprising corporate debt instruments and dividend-yielding utility stocks. For performance evaluation, the trust measures its equity holdings against the S&P 500 Electric Utilities Index, while its fixed income components are benchmarked against the Credit Suisse High Yield.
- Sector
- Financial Services
- Industry
- Asset Management
- CEO
- Rupert Harris Johnson Jr.