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 9.43 is 163% above its 5-year average of 3.59, near the high end of its 5-year range (1.02–9.43).
As of the fiscal period ended Tuesday, March 31, 2026. 98.91% above its 12-month average of 4.74.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
9.43
QUICK RATIO (ACID-TEST) AVG TTM
4.74
QUICK RATIO (ACID-TEST) AVG 3Y
3.35
QUICK RATIO (ACID-TEST) AVG 5Y
3.59
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
+98.91%
CURRENT VS 3Y AVG
+181.82%
CURRENT VS 5Y AVG
+162.82%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.79
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+426.78%
vs the sector median at left
Keel Infrastructure Corp.
Market Cap
$2.34B
Quick Ratio (Acid-Test)
9.43
TTM Avg
4.74
3Y Avg
3.35
5Y Avg
3.59
Market Cap
$2.38B
Quick Ratio (Acid-Test)
2.07
TTM Avg
1.44
3Y Avg
1.46
5Y Avg
1.52
Market Cap
$3.22B
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.95
3Y Avg
2.46
5Y Avg
2.47
Market Cap
$1.23B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.70
3Y Avg
1.05
5Y Avg
1.11
Market Cap
$1.18B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.67
3Y Avg
1.69
5Y Avg
3.24
Market Cap
$993.26M
Quick Ratio (Acid-Test)
8.34
TTM Avg
8.39
3Y Avg
6.62
5Y Avg
6.04
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Keel Infrastructure Corp. (KEEL) | $2.34B | 9.43 | 4.74 | 3.35 | 3.59 |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.38B | 2.07 | 1.44 | 1.46 | 1.52 |
| Asana, Inc. (ASAN)vs › | $2.20B | N/A | 1.31 | 1.60 | 1.79 |
| C3.ai, Inc. (AI)vs › | $1.55B | N/A | 6.75 | 7.22 | 7.58 |
| Veeco Instruments Inc. (VECO)vs › | $3.22B | 2.69 | 2.95 | 2.46 | 2.47 |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.23B | N/A | 0.70 | 1.05 | 1.11 |
| POET Technologies Inc. (POET)vs › | $1.18B | N/A | 1.67 | 1.69 | 3.24 |
| PagerDuty, Inc. (PD)vs › | $1.07B | N/A | 1.94 | 2.15 | 2.52 |
| Red Cat Holdings, Inc. (RCAT)vs › | $993.26M | 8.34 | 8.39 | 6.62 | 6.04 |
| Ambarella, Inc. (AMBA)vs › | $3.81B | 1.95 | 2.18 | 2.64 | 3.23 |
Quick Ratio
9.43
Excludes inventory
Current Ratio
9.60
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) |
|---|---|
| 2026-03-31 | 9.43 |
| 2025-12-31 | 5.52 |
| 2025-09-30 | 3.14 |
| 2025-06-30 | 3.03 |
| 2025-03-31 | 2.58 |
| 2024-12-31 | 5.86 |
| 2024-09-30 | 3.68 |
| 2024-06-30 | 5.09 |
| 2024-03-31 | 2.99 |
| 2023-12-31 | 1.87 |
| 2023-09-30 | 2.80 |
| 2023-06-30 | 1.91 |
| 2023-03-31 | 1.69 |
| 2022-12-31 | 1.02 |
| 2022-09-30 | 1.25 |
| 2022-06-30 | 1.29 |
| 2022-03-31 | 2.26 |
| 2021-12-31 | 1.74 |
| 2021-09-30 | 5.49 |
| 2021-06-30 | 4.01 |
| 2021-03-31 | 8.71 |
| 2020-12-31 | 0.32 |
| 2020-09-30 | 0.28 |
| 2020-06-30 | 0.30 |
| 2020-03-31 | 0.82 |
| 2019-12-31 | 1.60 |
| 2019-09-30 | 1.11 |
| 2019-06-30 | 1.00 |
| 2019-03-31 | 0.65 |
| 2018-12-31 | 0.68 |
| 2018-09-30 | 0.68 |
| 2018-06-30 | 0.47 |
| 2018-03-31 | 3.85 |
| 2017-12-31 | 1.40 |
| 2017-09-30 | 1.40 |
| 2017-06-30 | 1.40 |
| 2017-03-31 | 1.40 |