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 1.01 is 26% below its 5-year average of 1.37, near the low end of its 5-year range (0.79–1.93).
As of the fiscal period ended Sunday, May 31, 2026. 4.29% above its 12-month average of 0.97.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-05-31): 1.01.
QUICK RATIO (ACID-TEST)
1.01
QUICK RATIO (ACID-TEST) AVG TTM
0.97
QUICK RATIO (ACID-TEST) AVG 3Y
1.17
QUICK RATIO (ACID-TEST) AVG 5Y
1.37
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+4.29%
CURRENT VS 3Y AVG
-13.60%
CURRENT VS 5Y AVG
-25.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 547 covered companies
CURRENT VS SECTOR MEDIAN
-41.09%
vs the sector median at left
Market Cap
$1.98B
Quick Ratio (Acid-Test)
0.83
TTM Avg
0.79
3Y Avg
0.78
5Y Avg
0.78
Market Cap
$1.83B
Quick Ratio (Acid-Test)
4.61
TTM Avg
4.88
3Y Avg
4.20
5Y Avg
3.78
Market Cap
$1.98B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.83
3Y Avg
2.29
5Y Avg
2.64
Market Cap
$1.81B
Quick Ratio (Acid-Test)
52.44
TTM Avg
59.85
3Y Avg
30.36
5Y Avg
26.55
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Karooooo Ltd. (KARO) | $1.91B | 1.01 | 0.97 | 1.17 | 1.37 |
| Bandwidth Inc. (BAND)vs › | $1.94B | 2.04 | 1.36 | 1.81 | 2.29 |
| Blackbaud, Inc. (BLKB)vs › | $1.98B | 0.83 | 0.79 | 0.78 | 0.78 |
| BitVentures Limited (BVC)vs › | $1.99B | N/A | N/A | N/A | N/A |
| Photronics, Inc. (PLAB)vs › | $1.83B | 4.61 | 4.88 | 4.20 | 3.78 |
| Amplitude, Inc. (AMPL)vs › | $1.98B | 1.05 | 1.83 | 2.29 | 2.64 |
| Quantum Computing, Inc. (QUBT)vs › | $1.81B | 52.44 | 59.85 | 30.36 | 26.55 |
| NextNav Inc. (NN)vs › | $1.79B | 25.63 | 9.90 | 9.00 | 9.36 |
| Nayax Ltd. (NYAX)vs › | $1.78B | 2.03 | 1.69 | 1.36 | 1.39 |
| GigaCloud Technology Inc. (GCT)vs › | $2.06B | 1.47 | 1.44 | 1.48 | 1.58 |
Quick Ratio
1.01
Excludes inventory
Current Ratio
1.02
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) |
|---|---|
| 2026-05-31 | 1.01 |
| 2026-02-28 | 1.05 |
| 2025-11-30 | 0.84 |
| 2025-08-31 | 0.79 |
| 2025-05-31 | 1.16 |
| 2025-02-28 | 1.14 |
| 2024-11-30 | 1.24 |
| 2024-08-31 | 1.17 |
| 2024-05-31 | 1.52 |
| 2024-02-28 | 1.55 |
| 2023-11-30 | 1.34 |
| 2023-08-31 | 1.29 |
| 2023-05-31 | 1.14 |
| 2023-02-28 | 1.75 |
| 2022-11-30 | 1.56 |
| 2022-08-31 | 1.39 |
| 2022-05-31 | 1.82 |
| 2022-02-28 | 1.75 |
| 2021-11-30 | 1.93 |
| 2021-08-31 | 1.86 |
| 2021-05-31 | 1.45 |
| 2021-02-28 | 0.93 |
| 2020-11-30 | 0.72 |
| 2020-08-31 | 1.07 |
| 2020-05-31 | 1.23 |
| 2020-02-28 | 1.02 |
| 2019-11-30 | 0.00 |
