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 0.56 is 15% above its 5-year average of 0.49, around the middle of its 5-year range (0.29–0.76).
As of the fiscal period ended Tuesday, March 31, 2026. 15.66% above its 12-month average of 0.49.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.56
QUICK RATIO (ACID-TEST) AVG TTM
0.49
QUICK RATIO (ACID-TEST) AVG 3Y
0.48
QUICK RATIO (ACID-TEST) AVG 5Y
0.49
QUICK RATIO (ACID-TEST) AVG 10Y
0.46
QUICK RATIO (ACID-TEST) AVG 15Y
0.47
QUICK RATIO (ACID-TEST) AVG 20Y
0.50
CURRENT VS TTM AVG
+15.66%
CURRENT VS 3Y AVG
+16.98%
CURRENT VS 5Y AVG
+15.14%
CURRENT VS 10Y AVG
+23.65%
CURRENT VS 15Y AVG
+18.97%
CURRENT VS 20Y AVG
+14.08%
SECTOR MEDIAN · UTILITIES
0.63
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-10.32%
vs the sector median at left
Market Cap
$22.49B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.67
3Y Avg
0.69
5Y Avg
0.71
Market Cap
$18.11B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.49
3Y Avg
0.45
5Y Avg
0.45
Market Cap
$27.10B
Quick Ratio (Acid-Test)
0.44
TTM Avg
0.40
3Y Avg
0.45
5Y Avg
0.52
Market Cap
$15.58B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.32
3Y Avg
1.46
5Y Avg
1.31
Market Cap
$27.65B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.85
3Y Avg
0.76
5Y Avg
0.85
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $21.46B | 0.56 | 0.49 | 0.48 | 0.49 |
| CMS Energy Corporation (CMS)vs › | $22.49B | 0.76 | 0.67 | 0.69 | 0.71 |
| Evergy, Inc. (EVRG)vs › | $19.10B | 0.27 | 0.27 | 0.29 | 0.33 |
| Alliant Energy Corporation (LNT)vs › | $18.11B | 0.66 | 0.49 | 0.45 | 0.45 |
| PPL Corporation (PPL)vs › | $26.63B | 0.74 | 0.72 | 0.70 | 1.03 |
| Eversource Energy (ES)vs › | $26.86B | 0.59 | 0.63 | 0.60 | 0.58 |
| American Water Works Company, Inc. (AWK)vs › | $27.10B | 0.44 | 0.40 | 0.45 | 0.52 |
| Talen Energy Corporation (TLN)vs › | $15.58B | 1.02 | 1.32 | 1.46 | 1.31 |
| CenterPoint Energy, Inc. (CNP)vs › | $27.65B | 0.79 | 0.85 | 0.76 | 0.85 |
| FirstEnergy Corp. (FE)vs › | $28.02B | 0.46 | 0.46 | 0.45 | 0.52 |
Quick Ratio
0.56
Excludes inventory
Current Ratio
0.69
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 | 0.56 |
| 2025-12-31 | 0.56 |
| 2025-09-30 | 0.39 |
| 2025-06-30 | 0.48 |
| 2025-03-31 | 0.45 |
| 2024-12-31 | 0.41 |
| 2024-09-30 | 0.35 |
| 2024-06-30 | 0.63 |
| 2024-03-31 | 0.56 |
| 2023-12-31 | 0.76 |
| 2023-09-30 | 0.29 |
| 2023-06-30 | 0.34 |
| 2023-03-31 | 0.50 |
| 2022-12-31 | 0.39 |
| 2022-09-30 | 0.37 |
| 2022-06-30 | 0.47 |
| 2022-03-31 | 0.62 |
| 2021-12-31 | 0.52 |
| 2021-09-30 | 0.45 |
| 2021-06-30 | 0.62 |
| 2021-03-31 | 0.60 |
| 2020-12-31 | 0.55 |
| 2020-09-30 | 0.70 |
| 2020-06-30 | 0.79 |
| 2020-03-31 | 0.71 |
| 2019-12-31 | 0.38 |
| 2019-09-30 | 0.28 |
| 2019-06-30 | 0.33 |
| 2019-03-31 | 0.42 |
| 2018-12-31 | 0.40 |
| 2018-09-30 | 0.26 |
| 2018-06-30 | 0.38 |
| 2018-03-31 | 0.43 |
| 2017-12-31 | 0.41 |
| 2017-09-30 | 0.32 |
| 2017-06-30 | 0.32 |
| 2017-03-31 | 0.33 |
| 2016-12-31 | 0.37 |
| 2016-09-30 | 0.29 |
| 2016-06-30 | 0.31 |
| 2016-03-31 | 0.43 |
| 2015-12-31 | 0.38 |
| 2015-09-30 | 0.51 |
| 2015-06-30 | 0.74 |
| 2015-03-31 | 0.69 |
| 2014-12-31 | 0.46 |
| 2014-09-30 | 0.42 |
| 2014-06-30 | 0.44 |
| 2014-03-31 | 0.59 |
| 2013-12-31 | 0.51 |
| 2013-09-30 | 0.38 |
| 2013-06-30 | 0.62 |
| 2013-03-31 | 0.60 |
| 2012-12-31 | 0.55 |
| 2012-09-30 | 0.46 |
| 2012-06-30 | 0.50 |
| 2012-03-31 | 0.43 |
| 2011-12-31 | 0.46 |
| 2011-09-30 | 0.42 |
| 2011-06-30 | 0.51 |
| 2011-03-31 | 0.56 |
| 2010-12-31 | 0.52 |
| 2010-09-30 | 0.46 |
| 2010-06-30 | 0.52 |
| 2010-03-31 | 0.62 |
| 2009-12-31 | 0.52 |
| 2009-09-30 | 0.64 |
| 2009-06-30 | 0.68 |
| 2009-03-31 | 0.72 |
| 2008-12-31 | 0.56 |
| 2008-09-30 | 0.50 |
| 2008-06-30 | 0.53 |
| 2008-03-31 | 0.55 |
| 2007-12-31 | 0.50 |
| 2007-09-30 | 0.50 |
| 2007-06-30 | 0.49 |
| 2007-03-31 | 0.56 |
| 2006-12-31 | 0.54 |
| 2006-09-30 | 0.47 |
| 2006-06-30 | 0.57 |
| 2006-03-31 | 0.70 |
| 2005-12-31 | 0.63 |
| 2005-09-30 | 0.50 |
| 2005-06-30 | 0.44 |
| 2005-03-31 | 0.63 |
| 2004-12-31 | 0.61 |
| 2004-09-30 | 0.43 |
| 2004-06-30 | 0.46 |
| 2004-03-31 | 0.74 |
| 2003-12-31 | 0.75 |
| 2003-09-30 | 0.39 |
| 2003-06-30 | 0.35 |
| 2003-03-31 | 0.47 |
| 2002-12-31 | 0.33 |
| 2002-09-30 | 0.24 |
| 2002-06-30 | 0.36 |
