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 1.99 is 11% below its 5-year average of 2.24, near the low end of its 5-year range (0.61–5.69).
As of the fiscal period ended Tuesday, June 30, 2026. 42.55% above its 12-month average of 1.40.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.99.
QUICK RATIO (ACID-TEST)
1.99
QUICK RATIO (ACID-TEST) AVG TTM
1.40
QUICK RATIO (ACID-TEST) AVG 3Y
1.66
QUICK RATIO (ACID-TEST) AVG 5Y
2.24
QUICK RATIO (ACID-TEST) AVG 10Y
1.77
QUICK RATIO (ACID-TEST) AVG 15Y
1.49
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+42.55%
CURRENT VS 3Y AVG
+19.93%
CURRENT VS 5Y AVG
-11.05%
CURRENT VS 10Y AVG
+12.24%
CURRENT VS 15Y AVG
+33.51%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
1.13
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+76.09%
vs the sector median at left
Gladstone Land Corporation
Market Cap
$416.70M
Quick Ratio (Acid-Test)
1.99
TTM Avg
1.40
3Y Avg
1.66
5Y Avg
2.24
Market Cap
$388.20M
Quick Ratio (Acid-Test)
0.44
TTM Avg
15.69
3Y Avg
19.97
5Y Avg
24.16
Market Cap
$364.84M
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.38
3Y Avg
1.49
5Y Avg
5.26
Market Cap
$480.24M
Quick Ratio (Acid-Test)
3.66
TTM Avg
2.40
3Y Avg
3.17
5Y Avg
3.27
Market Cap
$348.40M
Quick Ratio (Acid-Test)
3.39
TTM Avg
1.70
3Y Avg
1.70
5Y Avg
1.70
Market Cap
$283.49M
Quick Ratio (Acid-Test)
1.40
TTM Avg
1.92
3Y Avg
2.57
5Y Avg
3.17
Market Cap
$565.42M
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.31
3Y Avg
0.79
5Y Avg
0.64
Market Cap
$264.19M
Quick Ratio (Acid-Test)
1.00
TTM Avg
0.23
3Y Avg
0.25
5Y Avg
0.25
Market Cap
$615.25M
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.31
3Y Avg
0.79
5Y Avg
0.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gladstone Land Corporation (LAND) | $416.70M | 1.99 | 1.40 | 1.66 | 2.24 |
| FRP Holdings, Inc. (FRPH)vs › | $388.20M | 0.44 | 15.69 | 19.97 | 24.16 |
| The Real Brokerage Inc. (REAX)vs › | $364.84M | 1.44 | 1.38 | 1.49 | 5.26 |
| Industrial Logistics Properties Trust (ILPT)vs › | $480.24M | 3.66 | 2.40 | 3.17 | 3.27 |
| Office Properties Income Trust (OPI)vs › | $348.40M | 3.39 | 1.70 | 1.70 | 1.70 |
| The RMR Group Inc. (RMR)vs › | $283.49M | 1.40 | 1.92 | 2.57 | 3.17 |
| Gladstone Commercial Corporation (GOODO)vs › | $565.42M | 1.13 | 1.31 | 0.79 | 0.64 |
| National Healthcare Properties, Inc. (NHP) (NHP)vs › | $264.19M | 1.00 | 0.23 | 0.25 | 0.25 |
| Gladstone Commercial Corporation (GOOD)vs › | $615.25M | 1.13 | 1.31 | 0.79 | 0.64 |
| Chicago Atlantic Real Estate Finance, Inc. (REFI)vs › | $208.88M | N/A | N/A | N/A | N/A |
Quick Ratio
1.99
Excludes inventory
Current Ratio
2.57
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 | 1.99 |
| 2026-03-31 | 0.77 |
| 2025-12-31 | 1.58 |
| 2025-09-30 | 0.88 |
| 2025-06-30 | 1.77 |
| 2025-03-31 | 2.23 |
| 2024-12-31 | 0.73 |
| 2024-09-30 | 0.61 |
| 2024-06-30 | 3.42 |
| 2024-03-31 | 4.40 |
| 2023-12-31 | 1.29 |
| 2023-09-30 | 1.87 |
| 2023-06-30 | 2.79 |
| 2023-03-31 | 3.02 |
| 2022-12-31 | 2.95 |
| 2022-09-30 | 2.48 |
| 2022-06-30 | 2.74 |
| 2022-03-31 | 2.95 |
| 2021-12-31 | 1.10 |
| 2021-09-30 | 5.69 |
| 2021-06-30 | 5.18 |
| 2021-03-31 | 6.17 |
| 2020-12-31 | 0.79 |
| 2020-09-30 | 0.25 |
| 2020-06-30 | 1.75 |
| 2020-03-31 | 2.57 |
| 2019-12-31 | 1.10 |
| 2019-09-30 | 0.32 |
| 2019-06-30 | 2.99 |
| 2019-03-31 | 3.08 |
| 2018-12-31 | 1.44 |
| 2018-09-30 | 0.39 |
| 2018-06-30 | 0.18 |
| 2018-03-31 | 0.20 |
| 2017-12-31 | 0.16 |
| 2017-09-30 | 0.36 |
| 2017-06-30 | 0.07 |
| 2017-03-31 | 0.10 |
| 2016-12-31 | 0.12 |
| 2016-09-30 | 0.09 |
| 2016-06-30 | 0.11 |
| 2016-03-31 | 0.27 |
| 2015-12-31 | 0.61 |
| 2015-09-30 | 0.33 |
| 2015-06-30 | 0.50 |
| 2015-03-31 | 0.15 |
| 2014-12-31 | 0.54 |
| 2014-09-30 | 0.76 |
| 2014-06-30 | 1.13 |
| 2014-03-31 | 9.85 |
| 2013-12-31 | 12.48 |
| 2013-09-30 | 48.07 |
| 2013-06-30 | 53.30 |
| 2013-03-31 | 53.50 |
| 2012-12-31 | 0.78 |
| 2012-09-30 | 1.08 |
| 2012-06-30 | 1.94 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 1.20 |
| 2011-09-30 | 0.00 |