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 62.84 is 152% above its 5-year average of 24.96, near the high end of its 5-year range (12.48–62.84).
As of the fiscal period ended Tuesday, June 30, 2026. 73.30% above its 12-month average of 36.26.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 62.84.
QUICK RATIO (ACID-TEST)
62.84
QUICK RATIO (ACID-TEST) AVG TTM
36.26
QUICK RATIO (ACID-TEST) AVG 3Y
24.84
QUICK RATIO (ACID-TEST) AVG 5Y
24.96
QUICK RATIO (ACID-TEST) AVG 10Y
16.21
QUICK RATIO (ACID-TEST) AVG 15Y
15.55
QUICK RATIO (ACID-TEST) AVG 20Y
12.41
CURRENT VS TTM AVG
+73.30%
CURRENT VS 3Y AVG
+152.95%
CURRENT VS 5Y AVG
+151.77%
CURRENT VS 10Y AVG
+287.59%
CURRENT VS 15Y AVG
+304.01%
CURRENT VS 20Y AVG
+406.38%
SECTOR MEDIAN · BASIC MATERIALS
1.46
median of 54 covered companies
CURRENT VS SECTOR MEDIAN
+4189.25%
vs the sector median at left
Lightwave Logic, Inc.
Market Cap
$812.00M
Quick Ratio (Acid-Test)
62.84
TTM Avg
36.26
3Y Avg
24.84
5Y Avg
24.96
Market Cap
$1.03B
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.91
3Y Avg
2.01
5Y Avg
3.25
Market Cap
$2.07B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.71
3Y Avg
1.64
5Y Avg
1.83
Market Cap
$2.74B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.42
3Y Avg
1.63
5Y Avg
2.06
Market Cap
$3.14B
Quick Ratio (Acid-Test)
25.78
TTM Avg
18.62
3Y Avg
15.35
5Y Avg
13.81
Market Cap
$3.90B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.93
3Y Avg
1.88
5Y Avg
2.46
Market Cap
$4.43B
Quick Ratio (Acid-Test)
1.79
TTM Avg
1.39
3Y Avg
1.35
5Y Avg
1.44
Market Cap
$6.37B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.13
3Y Avg
1.12
5Y Avg
1.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lightwave Logic, Inc. (LWLG) | $812.00M | 62.84 | 36.26 | 24.84 | 24.96 |
| Avino Silver & Gold Mines Ltd. (ASM)vs › | $1.03B | 5.31 | 2.91 | 2.01 | 3.25 |
| Minerals Technologies Inc. (MTX)vs › | $2.07B | 1.00 | 1.71 | 1.64 | 1.83 |
| WD-40 Company (WDFC)vs › | $2.68B | 1.95 | 1.85 | 1.71 | 1.90 |
| Endeavour Silver Corp. (EXK)vs › | $2.74B | 1.65 | 1.42 | 1.63 | 2.06 |
| United States Lime & Minerals, Inc. (USLM)vs › | $3.14B | 25.78 | 18.62 | 15.35 | 13.81 |
| Aris Mining Corporation (ARIS)vs › | $3.90B | 1.68 | 1.93 | 1.88 | 2.46 |
| Griffon Corporation (GFF)vs › | $4.43B | 1.79 | 1.39 | 1.35 | 1.44 |
| Builders FirstSource, Inc. (BLDR)vs › | $6.37B | 1.09 | 1.13 | 1.12 | 1.15 |
| Arcosa, Inc. (ACA)vs › | $7.19B | 2.31 | 1.25 | 1.29 | 1.27 |
Quick Ratio
62.84
Excludes inventory
Current Ratio
62.84
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 | 62.84 |
| 2026-03-31 | 33.99 |
| 2025-12-31 | 32.69 |
| 2025-09-30 | 31.06 |
| 2025-06-30 | 20.72 |
| 2025-03-31 | 16.62 |
| 2024-12-31 | 15.75 |
| 2024-09-30 | 24.48 |
| 2024-06-30 | 20.08 |
| 2024-03-31 | 17.76 |
| 2023-12-31 | 12.48 |
| 2023-09-30 | 36.03 |
| 2023-06-30 | 36.45 |
| 2023-03-31 | 32.36 |
| 2022-12-31 | 16.86 |
| 2022-09-30 | 24.11 |
| 2022-06-30 | 35.38 |
| 2022-03-31 | 28.92 |
| 2021-12-31 | 14.92 |
| 2021-09-30 | 19.09 |
| 2021-06-30 | 29.43 |
| 2021-03-31 | 17.86 |
| 2020-12-31 | 4.15 |
| 2020-09-30 | 2.35 |
| 2020-06-30 | 2.42 |
| 2020-03-31 | 2.75 |
| 2019-12-31 | 2.61 |
| 2019-09-30 | 2.79 |
| 2019-06-30 | 3.06 |
| 2019-03-31 | 7.84 |
| 2018-12-31 | 7.30 |
| 2018-09-30 | 6.02 |
| 2018-06-30 | 3.63 |
| 2018-03-31 | 4.28 |
| 2017-12-31 | 6.27 |
| 2017-09-30 | 9.98 |
| 2017-06-30 | 6.63 |
| 2017-03-31 | 11.32 |
| 2016-12-31 | 16.37 |
| 2016-09-30 | 11.58 |
| 2016-06-30 | 20.10 |
| 2016-03-31 | 24.32 |
| 2015-12-31 | 38.80 |
| 2015-09-30 | 14.46 |
| 2015-06-30 | 21.28 |
| 2015-03-31 | 7.19 |
| 2014-12-31 | 14.85 |
| 2014-09-30 | 8.73 |
| 2014-06-30 | 16.96 |
| 2014-03-31 | 6.53 |
| 2013-12-31 | 19.67 |
| 2013-09-30 | 7.21 |
| 2013-06-30 | 16.28 |
| 2013-03-31 | 16.09 |
| 2012-12-31 | 19.49 |
| 2012-09-30 | 12.18 |
| 2012-06-30 | 18.02 |
| 2012-03-31 | 16.30 |
| 2011-12-31 | 1.68 |
| 2011-09-30 | 2.63 |
| 2011-06-30 | 2.03 |
| 2011-03-31 | 4.29 |
| 2010-12-31 | 8.86 |
| 2010-09-30 | 3.38 |
| 2010-06-30 | 1.27 |
| 2010-03-31 | 1.00 |
| 2009-12-31 | 3.90 |
| 2009-09-30 | 5.39 |
| 2009-06-30 | 13.05 |
| 2009-03-31 | 2.81 |
| 2008-12-31 | 0.60 |
| 2008-09-30 | 1.05 |
| 2008-06-30 | 1.96 |
| 2008-03-31 | 1.03 |
| 2007-12-31 | 2.72 |
| 2007-09-30 | 1.09 |
| 2007-06-30 | 2.30 |
| 2007-03-31 | 2.14 |
| 2006-12-31 | 2.67 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
