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 1.21 is 26% above its 5-year average of 0.95, around the middle of its 5-year range (0.43–2.96).
As of the fiscal period ended Tuesday, June 30, 2026. 24.20% below its 12-month average of 1.59.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.59
QUICK RATIO (ACID-TEST) AVG 3Y
1.17
QUICK RATIO (ACID-TEST) AVG 5Y
0.95
QUICK RATIO (ACID-TEST) AVG 10Y
0.65
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-24.20%
CURRENT VS 3Y AVG
+3.14%
CURRENT VS 5Y AVG
+26.38%
CURRENT VS 10Y AVG
+85.70%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 534 covered companies
CURRENT VS SECTOR MEDIAN
-30.50%
vs the sector median at left
i3 Verticals, Inc.
Market Cap
$354.63M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.59
3Y Avg
1.17
5Y Avg
0.95
Market Cap
$352.19M
Quick Ratio (Acid-Test)
14.37
TTM Avg
10.88
3Y Avg
6.06
5Y Avg
4.26
Market Cap
$344.50M
Quick Ratio (Acid-Test)
14.21
TTM Avg
1.11
3Y Avg
0.98
5Y Avg
0.98
Market Cap
$366.28M
Quick Ratio (Acid-Test)
1.96
TTM Avg
2.23
3Y Avg
2.12
5Y Avg
2.16
Market Cap
$333.38M
Quick Ratio (Acid-Test)
10.06
TTM Avg
17.23
3Y Avg
22.02
5Y Avg
38.23
Market Cap
$373.45M
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.18
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$373.99M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.67
5Y Avg
1.71
Market Cap
$332.22M
Quick Ratio (Acid-Test)
5.54
TTM Avg
2.69
3Y Avg
2.49
5Y Avg
2.49
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| i3 Verticals, Inc. (IIIV) | $354.63M | 1.21 | 1.59 | 1.17 | 0.95 |
| SEALSQ Corp (LAES)vs › | $352.19M | 14.37 | 10.88 | 6.06 | 4.26 |
| New Era Energy & Digital, Inc. (NUAI)vs › | $344.50M | 14.21 | 1.11 | 0.98 | 0.98 |
| Cerence Inc. (CRNC)vs › | $365.57M | 2.07 | 1.53 | 1.52 | 1.51 |
| International Money Express, Inc. (IMXI)vs › | $366.28M | 1.96 | 2.23 | 2.12 | 2.16 |
| Nano Dimension Ltd. (NNDM)vs › | $333.38M | 10.06 | 17.23 | 22.02 | 38.23 |
| Gloo Holdings, Inc. (GLOO)vs › | $373.45M | 1.21 | 1.18 | 1.11 | 1.11 |
| PowerFleet, Inc. (AIOT)vs › | $373.99M | 0.96 | 0.99 | 1.67 | 1.71 |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $332.22M | 5.54 | 2.69 | 2.49 | 2.49 |
| Lantronix, Inc. (LTRX)vs › | $326.76M | 2.86 | 2.27 | 1.90 | 1.71 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
1.21
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 | 1.21 |
| 2026-03-31 | 1.29 |
| 2025-12-31 | 1.56 |
| 2025-09-30 | 1.91 |
| 2025-06-30 | 1.98 |
| 2025-03-31 | 1.15 |
| 2024-12-31 | 0.92 |
| 2024-09-30 | 0.92 |
| 2024-06-30 | 2.96 |
| 2024-03-31 | 0.77 |
| 2023-12-31 | 0.48 |
| 2023-09-30 | 0.89 |
| 2023-06-30 | 0.95 |
| 2023-03-31 | 0.78 |
| 2022-12-31 | 0.76 |
| 2022-09-30 | 0.72 |
| 2022-06-30 | 0.65 |
| 2022-03-31 | 0.55 |
| 2021-12-31 | 0.43 |
| 2021-09-30 | 0.58 |
| 2021-06-30 | 0.58 |
| 2021-03-31 | 0.52 |
| 2020-12-31 | 0.72 |
| 2020-09-30 | 0.94 |
| 2020-06-30 | 1.00 |
| 2020-03-31 | 0.58 |
| 2019-12-31 | 0.50 |
| 2019-09-30 | 0.55 |
| 2019-06-30 | 0.64 |
| 2019-03-31 | 0.53 |
| 2018-12-31 | 0.42 |
| 2018-09-30 | 0.59 |
| 2018-06-30 | 0.49 |
| 2018-03-31 | 0.39 |
| 2017-12-31 | 0.50 |
| 2017-09-30 | 0.72 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
