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 1.27 is 13% above its 5-year average of 1.12, near the high end of its 5-year range (0.84–1.36).
As of the fiscal period ended Tuesday, June 30, 2026. 3.17% below its 12-month average of 1.31.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 1.27.
QUICK RATIO (ACID-TEST)
1.27
QUICK RATIO (ACID-TEST) AVG TTM
1.31
QUICK RATIO (ACID-TEST) AVG 3Y
1.22
QUICK RATIO (ACID-TEST) AVG 5Y
1.12
QUICK RATIO (ACID-TEST) AVG 10Y
1.17
QUICK RATIO (ACID-TEST) AVG 15Y
1.20
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-3.17%
CURRENT VS 3Y AVG
+4.24%
CURRENT VS 5Y AVG
+13.34%
CURRENT VS 10Y AVG
+8.61%
CURRENT VS 15Y AVG
+5.48%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.35
median of 411 covered companies
CURRENT VS SECTOR MEDIAN
-6.07%
vs the sector median at left
Kimball Electronics, Inc.
Market Cap
$687.68M
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.31
3Y Avg
1.22
5Y Avg
1.12
Market Cap
$700.90M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.16
3Y Avg
1.16
5Y Avg
1.19
Market Cap
$701.80M
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.02
Market Cap
$702.43M
Quick Ratio (Acid-Test)
1.60
TTM Avg
1.56
3Y Avg
1.56
5Y Avg
1.56
Market Cap
$736.27M
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.60
3Y Avg
0.82
5Y Avg
1.20
Market Cap
$748.89M
Quick Ratio (Acid-Test)
0.90
TTM Avg
1.15
3Y Avg
1.25
5Y Avg
1.46
Market Cap
$624.75M
Quick Ratio (Acid-Test)
10.36
TTM Avg
8.82
3Y Avg
10.63
5Y Avg
12.08
Market Cap
$613.60M
Quick Ratio (Acid-Test)
1.02
TTM Avg
0.91
3Y Avg
0.95
5Y Avg
1.05
Market Cap
$766.45M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.31
3Y Avg
1.32
5Y Avg
1.33
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kimball Electronics, Inc. (KE) | $687.68M | 1.27 | 1.31 | 1.22 | 1.12 |
| Park-Ohio Holdings Corp. (PKOH)vs › | $700.90M | 1.26 | 1.16 | 1.16 | 1.19 |
| Cass Information Systems, Inc. (CASS)vs › | $701.80M | N/A | 1.10 | 1.10 | 1.02 |
| Elmet Group Co. (ELMT)vs › | $702.43M | 1.60 | 1.56 | 1.56 | 1.56 |
| ADS-TEC Energy PLC (ADSE)vs › | $736.27M | 0.17 | 0.60 | 0.82 | 1.20 |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.89M | 0.90 | 1.15 | 1.25 | 1.46 |
| Ballard Power Systems Inc. (BLDP)vs › | $624.75M | 10.36 | 8.82 | 10.63 | 12.08 |
| Matthews International Corporation (MATW)vs › | $613.60M | 1.02 | 0.91 | 0.95 | 1.05 |
| Barrett Business Services, Inc. (BBSI)vs › | $766.45M | 1.14 | 1.31 | 1.32 | 1.33 |
| LSI Industries Inc. (LYTS)vs › | $769.68M | 1.97 | 1.57 | 1.36 | 1.24 |
Quick Ratio
1.27
Excludes inventory
Current Ratio
2.09
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 | 1.27 |
| 2026-03-31 | 1.29 |
| 2025-12-31 | 1.31 |
| 2025-09-30 | 1.34 |
| 2025-06-30 | 1.34 |
| 2025-03-31 | 1.24 |
| 2024-12-31 | 1.29 |
| 2024-09-30 | 1.30 |
| 2024-06-30 | 1.36 |
| 2024-03-31 | 1.12 |
| 2023-12-31 | 1.00 |
| 2023-09-30 | 0.94 |
| 2023-06-30 | 1.01 |
| 2023-03-31 | 0.91 |
| 2022-12-31 | 0.89 |
| 2022-09-30 | 0.84 |
| 2022-06-30 | 0.89 |
| 2022-03-31 | 0.94 |
| 2021-12-31 | 0.89 |
| 2021-09-30 | 1.04 |
| 2021-06-30 | 1.27 |
| 2021-03-31 | 1.34 |
| 2020-12-31 | 1.43 |
| 2020-09-30 | 1.39 |
| 2020-06-30 | 1.24 |
| 2020-03-31 | 1.31 |
| 2019-12-31 | 1.31 |
| 2019-09-30 | 1.31 |
| 2019-06-30 | 1.28 |
| 2019-03-31 | 1.23 |
| 2018-12-31 | 0.91 |
| 2018-09-30 | 1.08 |
| 2018-06-30 | 1.03 |
| 2018-03-31 | 1.08 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 1.14 |
| 2017-06-30 | 1.22 |
| 2017-03-31 | 1.23 |
| 2016-12-31 | 1.21 |
| 2016-09-30 | 1.23 |
| 2016-06-30 | 1.31 |
| 2016-03-31 | 1.36 |
| 2015-12-31 | 1.40 |
| 2015-09-30 | 1.40 |
| 2015-06-30 | 1.43 |
| 2015-03-31 | 1.49 |
| 2014-12-31 | 1.43 |
| 2014-09-30 | 1.24 |
| 2014-06-30 | 1.20 |
| 2014-03-31 | 1.27 |
| 2013-12-31 | 1.22 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 1.20 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |