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 3.66 is 32% above its 5-year average of 2.78, near the high end of its 5-year range (0.14–4.81).
As of the fiscal period ended Tuesday, June 30, 2026. 3.55% below its 12-month average of 3.80.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.66.
QUICK RATIO (ACID-TEST)
3.66
QUICK RATIO (ACID-TEST) AVG TTM
3.80
QUICK RATIO (ACID-TEST) AVG 3Y
4.26
QUICK RATIO (ACID-TEST) AVG 5Y
2.78
QUICK RATIO (ACID-TEST) AVG 10Y
2.20
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-3.55%
CURRENT VS 3Y AVG
-13.98%
CURRENT VS 5Y AVG
+31.59%
CURRENT VS 10Y AVG
+66.60%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
1.13
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+223.99%
vs the sector median at left
Industrial Logistics Properties Trust
Market Cap
$479.57M
Quick Ratio (Acid-Test)
3.66
TTM Avg
3.80
3Y Avg
4.26
5Y Avg
2.78
Market Cap
$419.29M
Quick Ratio (Acid-Test)
1.99
TTM Avg
1.16
3Y Avg
1.64
5Y Avg
1.41
Market Cap
$563.88M
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.31
3Y Avg
0.79
5Y Avg
0.64
Market Cap
$388.31M
Quick Ratio (Acid-Test)
0.44
TTM Avg
15.69
3Y Avg
19.97
5Y Avg
24.16
Market Cap
$365.89M
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.38
3Y Avg
1.49
5Y Avg
5.26
Market Cap
$348.40M
Quick Ratio (Acid-Test)
3.39
TTM Avg
1.70
3Y Avg
1.70
5Y Avg
1.70
Market Cap
$615.98M
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.31
3Y Avg
0.79
5Y Avg
0.64
Market Cap
$283.50M
Quick Ratio (Acid-Test)
1.40
TTM Avg
1.92
3Y Avg
2.57
5Y Avg
3.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Industrial Logistics Properties Trust (ILPT) | $479.57M | 3.66 | 3.80 | 4.26 | 2.78 |
| Gladstone Land Corporation (LAND)vs › | $419.29M | 1.99 | 1.16 | 1.64 | 1.41 |
| Gladstone Commercial Corporation (GOODO)vs › | $563.88M | 1.13 | 1.31 | 0.79 | 0.64 |
| FRP Holdings, Inc. (FRPH)vs › | $388.31M | 0.44 | 15.69 | 19.97 | 24.16 |
| The Real Brokerage Inc. (REAX)vs › | $365.89M | 1.44 | 1.38 | 1.49 | 5.26 |
| Office Properties Income Trust (OPI)vs › | $348.40M | 3.39 | 1.70 | 1.70 | 1.70 |
| Gladstone Commercial Corporation (GOOD)vs › | $615.98M | 1.13 | 1.31 | 0.79 | 0.64 |
| AGNT, Inc. (AGNT)vs › | $638.40M | 1.52 | 1.48 | 1.71 | 1.79 |
| The RMR Group Inc. (RMR)vs › | $283.50M | 1.40 | 1.92 | 2.57 | 3.17 |
| Adamas Trust, Inc. (ADAM)vs › | $691.19M | N/A | N/A | N/A | N/A |
Quick Ratio
3.66
Excludes inventory
Current Ratio
3.66
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 | 3.66 |
| 2026-03-31 | 3.91 |
| 2025-12-31 | 3.79 |
| 2025-09-30 | 3.53 |
| 2025-06-30 | 4.09 |
| 2025-03-31 | 4.81 |
| 2024-12-31 | 4.56 |
| 2024-09-30 | 0.14 |
| 2024-06-30 | 0.29 |
| 2024-03-31 | 4.44 |
| 2023-12-31 | 4.71 |
| 2023-09-30 | 4.78 |
| 2023-06-30 | 4.53 |
| 2023-03-31 | 3.14 |
| 2022-12-31 | 3.16 |
| 2022-09-30 | 2.49 |
| 2022-06-30 | 0.36 |
| 2022-03-31 | 0.85 |
| 2021-12-31 | 0.50 |
| 2021-09-30 | 0.31 |
| 2021-06-30 | 0.38 |
| 2021-03-31 | 6.66 |
| 2020-12-31 | 6.46 |
| 2020-09-30 | 0.38 |
| 2020-06-30 | 0.33 |
| 2020-03-31 | 0.33 |
| 2019-12-31 | 6.00 |
| 2019-09-30 | 0.12 |
| 2019-06-30 | 0.12 |
| 2019-03-31 | 0.99 |
| 2018-12-31 | 0.16 |
| 2018-09-30 | 0.17 |
| 2018-06-30 | 0.21 |
| 2018-03-31 | 0.24 |
| 2017-12-31 | 0.07 |
| 2017-09-30 | 2.25 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 2.81 |
