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 1.29 is 18% below its 5-year average of 1.57, near the low end of its 5-year range (1.19–2.34).
As of the fiscal period ended Tuesday, June 30, 2026. 20.85% below its 12-month average of 1.63.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.29.
QUICK RATIO (ACID-TEST)
1.29
QUICK RATIO (ACID-TEST) AVG TTM
1.63
QUICK RATIO (ACID-TEST) AVG 3Y
1.64
QUICK RATIO (ACID-TEST) AVG 5Y
1.57
QUICK RATIO (ACID-TEST) AVG 10Y
1.19
QUICK RATIO (ACID-TEST) AVG 15Y
1.08
QUICK RATIO (ACID-TEST) AVG 20Y
0.96
CURRENT VS TTM AVG
-20.85%
CURRENT VS 3Y AVG
-21.10%
CURRENT VS 5Y AVG
-17.81%
CURRENT VS 10Y AVG
+8.24%
CURRENT VS 15Y AVG
+19.93%
CURRENT VS 20Y AVG
+34.55%
SECTOR MEDIAN · FINANCIAL SERVICES
1.42
median of 205 covered companies
CURRENT VS SECTOR MEDIAN
-9.07%
vs the sector median at left
Heritage Global Inc.
Market Cap
$44.82M
Quick Ratio (Acid-Test)
1.29
TTM Avg
1.63
3Y Avg
1.64
5Y Avg
1.57
Market Cap
$44.41M
Quick Ratio (Acid-Test)
0.05
TTM Avg
0.01
3Y Avg
1.04
5Y Avg
1.04
Market Cap
$45.34M
Quick Ratio (Acid-Test)
1.15
TTM Avg
0.68
3Y Avg
0.96
5Y Avg
1.17
Market Cap
$43.97M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$45.68M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.50M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.88M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$46.96M
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 |
|---|---|---|---|---|---|
| Heritage Global Inc. (HGBL) | $44.82M | 1.29 | 1.63 | 1.64 | 1.57 |
| Quetta Acquisition Corporation (QETA)vs › | $44.41M | 0.05 | 0.01 | 1.04 | 1.04 |
| Innventure, Inc. (INV)vs › | $45.34M | 1.15 | 0.68 | 0.96 | 1.17 |
| Marathon Bancorp, Inc. (MBBC)vs › | $43.97M | N/A | N/A | N/A | N/A |
| Dominari Holdings Inc. (DOMH)vs › | $45.68M | N/A | N/A | N/A | N/A |
| Kentucky First Federal Bancorp (KFFB)vs › | $46.50M | N/A | N/A | N/A | N/A |
| Metalpha Technology Holding Limited (MATH)vs › | $46.88M | N/A | N/A | N/A | N/A |
| Sol Strategies Inc. Common Shares (STKE)vs › | $46.96M | N/A | N/A | N/A | N/A |
| Vroom, Inc. (VRM)vs › | $47.16M | 2.18 | 2.50 | 1.80 | 1.88 |
| YHN Acquisition I Limited (YHNA)vs › | $47.32M | 0.05 | 2.97 | 2.97 | 2.97 |
Quick Ratio
1.29
Excludes inventory
Current Ratio
1.69
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 | 1.29 |
| 2026-03-31 | 1.51 |
| 2025-12-31 | 1.78 |
| 2025-09-30 | 1.89 |
| 2025-06-30 | 1.69 |
| 2025-03-31 | 1.65 |
| 2024-12-31 | 1.90 |
| 2024-09-30 | 1.56 |
| 2024-06-30 | 1.76 |
| 2024-03-31 | 1.73 |
| 2023-12-31 | 1.44 |
| 2023-09-30 | 1.47 |
| 2023-06-30 | 1.61 |
| 2023-03-31 | 1.24 |
| 2022-12-31 | 1.19 |
| 2022-09-30 | 1.61 |
| 2022-06-30 | 1.46 |
| 2022-03-31 | 1.38 |
| 2021-12-31 | 1.41 |
| 2021-09-30 | 1.86 |
| 2021-06-30 | 2.34 |
| 2021-03-31 | 2.75 |
| 2020-12-31 | 1.91 |
| 2020-09-30 | 1.01 |
| 2020-06-30 | 0.79 |
| 2020-03-31 | 0.75 |
| 2019-12-31 | 0.73 |
| 2019-09-30 | 0.69 |
| 2019-06-30 | 0.61 |
| 2019-03-31 | 0.49 |
| 2018-12-31 | 0.52 |
| 2018-09-30 | 0.68 |
| 2018-06-30 | 0.69 |
| 2018-03-31 | 0.45 |
| 2017-12-31 | 0.33 |
| 2017-09-30 | 0.44 |
| 2017-06-30 | 0.51 |
| 2017-03-31 | 0.58 |
| 2016-12-31 | 0.49 |
| 2016-09-30 | 0.46 |
| 2016-06-30 | 0.29 |
| 2016-03-31 | 0.28 |
| 2015-12-31 | 0.41 |
| 2015-09-30 | 0.32 |
| 2015-06-30 | 0.39 |
| 2015-03-31 | 0.42 |
| 2014-12-31 | 0.65 |
| 2014-09-30 | 0.47 |
| 2014-06-30 | 0.36 |
| 2014-03-31 | 0.43 |
| 2013-12-31 | 0.64 |
| 2013-09-30 | 0.70 |
| 2013-06-30 | 0.76 |
| 2013-03-31 | 0.78 |
| 2012-12-31 | 0.79 |
| 2012-09-30 | 1.29 |
| 2012-06-30 | 1.59 |
| 2012-03-31 | 1.76 |
| 2011-12-31 | 2.57 |
| 2011-09-30 | 3.63 |
| 2011-06-30 | 4.63 |
| 2011-03-31 | 0.99 |
| 2010-12-31 | 0.87 |
| 2010-09-30 | 0.57 |
| 2010-06-30 | 0.43 |
| 2010-03-31 | 0.22 |
| 2009-12-31 | 0.38 |
| 2009-09-30 | 0.40 |
| 2009-06-30 | 0.42 |
| 2009-03-31 | 10.25 |
| 2008-12-31 | 10.65 |
| 2008-09-30 | 2.76 |
| 2008-06-30 | 1.59 |
| 2008-03-31 | 1.27 |
| 2007-12-31 | 0.40 |
| 2007-09-30 | 0.01 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.04 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.01 |
| 2005-12-31 | 0.01 |
| 2005-09-30 | 0.22 |
| 2005-06-30 | 0.14 |
| 2005-03-31 | 0.42 |
| 2004-12-31 | 0.41 |
| 2004-09-30 | 0.44 |
| 2004-06-30 | 0.48 |
| 2004-03-31 | 0.55 |
| 2003-12-31 | 0.48 |
| 2003-09-30 | 0.41 |
| 2003-06-30 | 0.27 |
| 2003-03-31 | 0.66 |
| 2002-12-31 | 0.67 |
| 2002-09-30 | 0.33 |
