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 1.10 is 16% below its 5-year average of 1.32, near the low end of its 5-year range (0.89–1.84).
As of the fiscal period ended Tuesday, June 30, 2026. 14.65% below its 12-month average of 1.29.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.10.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
1.29
QUICK RATIO (ACID-TEST) AVG 3Y
1.42
QUICK RATIO (ACID-TEST) AVG 5Y
1.32
QUICK RATIO (ACID-TEST) AVG 10Y
1.24
QUICK RATIO (ACID-TEST) AVG 15Y
1.15
QUICK RATIO (ACID-TEST) AVG 20Y
1.06
CURRENT VS TTM AVG
-14.65%
CURRENT VS 3Y AVG
-22.40%
CURRENT VS 5Y AVG
-16.22%
CURRENT VS 10Y AVG
-10.66%
CURRENT VS 15Y AVG
-4.10%
CURRENT VS 20Y AVG
+3.91%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-67.05%
vs the sector median at left
Nortech Systems Incorporated
Market Cap
$31.44M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.29
3Y Avg
1.42
5Y Avg
1.32
Market Cap
$31.66M
Quick Ratio (Acid-Test)
3.00
TTM Avg
2.92
3Y Avg
2.22
5Y Avg
2.59
Market Cap
$30.94M
Quick Ratio (Acid-Test)
9.65
TTM Avg
5.02
3Y Avg
5.18
5Y Avg
5.41
Market Cap
$32.08M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.70
3Y Avg
1.87
5Y Avg
1.80
Market Cap
$30.67M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.21
3Y Avg
1.42
5Y Avg
1.87
Market Cap
$30.33M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
Market Cap
$30.25M
Quick Ratio (Acid-Test)
200.08
TTM Avg
9.87
3Y Avg
7.20
5Y Avg
5.25
Market Cap
$32.92M
Quick Ratio (Acid-Test)
2.19
TTM Avg
3.38
3Y Avg
4.17
5Y Avg
5.03
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nortech Systems Incorporated (NSYS) | $31.44M | 1.10 | 1.29 | 1.42 | 1.32 |
| Rockwell Medical, Inc. (RMTI)vs › | $31.66M | 3.00 | 2.92 | 2.22 | 2.59 |
| SCYNEXIS, Inc. (SCYX)vs › | $30.94M | 9.65 | 5.02 | 5.18 | 5.41 |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $32.08M | 1.26 | 1.70 | 1.87 | 1.80 |
| MDxHealth S.A. (MDXH)vs › | $30.67M | 0.98 | 1.21 | 1.42 | 1.87 |
| CervoMed Inc. (CRVO)vs › | $30.60M | 8.57 | 7.97 | 5.03 | 6.79 |
| BeyondSpring Inc. (BYSI)vs › | $30.33M | 0.70 | 2.07 | 2.92 | 4.15 |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.25M | 200.08 | 9.87 | 7.20 | 5.25 |
| Aligos Therapeutics, Inc. (ALGS)vs › | $32.92M | 2.19 | 3.38 | 4.17 | 5.03 |
| Context Therapeutics Inc. (CNTX)vs › | $29.83M | 5.81 | 22.07 | 14.94 | 12.78 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
1.78
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 | 1.10 |
| 2026-03-31 | 1.12 |
| 2025-12-31 | 1.19 |
| 2025-09-30 | 1.21 |
| 2025-06-30 | 1.84 |
| 2025-03-31 | 1.76 |
| 2024-12-31 | 1.57 |
| 2024-09-30 | 1.63 |
| 2024-06-30 | 1.56 |
| 2024-03-31 | 1.41 |
| 2023-12-31 | 1.40 |
| 2023-09-30 | 1.34 |
| 2023-06-30 | 1.36 |
| 2023-03-31 | 1.25 |
| 2022-12-31 | 1.23 |
| 2022-09-30 | 1.30 |
| 2022-06-30 | 1.38 |
| 2022-03-31 | 1.28 |
| 2021-12-31 | 1.45 |
| 2021-09-30 | 0.93 |
| 2021-06-30 | 0.89 |
| 2021-03-31 | 1.03 |
| 2020-12-31 | 1.39 |
| 2020-09-30 | 1.44 |
| 2020-06-30 | 1.29 |
| 2020-03-31 | 1.27 |
| 2019-12-31 | 1.30 |
| 2019-09-30 | 1.22 |
| 2019-06-30 | 1.23 |
| 2019-03-31 | 1.23 |
| 2018-12-31 | 1.16 |
| 2018-09-30 | 1.21 |
| 2018-06-30 | 1.23 |
| 2018-03-31 | 1.42 |
| 2017-12-31 | 1.07 |
| 2017-09-30 | 0.99 |
| 2017-06-30 | 0.89 |
| 2017-03-31 | 0.90 |
| 2016-12-31 | 0.93 |
| 2016-09-30 | 0.94 |
| 2016-06-30 | 0.96 |
| 2016-03-31 | 0.97 |
| 2015-12-31 | 1.03 |
| 2015-09-30 | 0.99 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 1.39 |
| 2014-12-31 | 1.43 |
| 2014-09-30 | 1.25 |
| 2014-06-30 | 1.28 |
| 2014-03-31 | 0.85 |
| 2013-12-31 | 0.90 |
| 2013-09-30 | 0.83 |
| 2013-06-30 | 0.80 |
| 2013-03-31 | 0.77 |
| 2012-12-31 | 0.75 |
| 2012-09-30 | 0.85 |
| 2012-06-30 | 0.78 |
| 2012-03-31 | 0.74 |
| 2011-12-31 | 0.73 |
| 2011-09-30 | 0.67 |
| 2011-06-30 | 0.67 |
| 2011-03-31 | 0.70 |
| 2010-12-31 | 0.85 |
| 2010-09-30 | 0.75 |
| 2010-06-30 | 0.81 |
| 2010-03-31 | 0.79 |
| 2009-12-31 | 0.86 |
| 2009-09-30 | 0.87 |
| 2009-06-30 | 0.86 |
| 2009-03-31 | 0.70 |
| 2008-12-31 | 0.77 |
| 2008-09-30 | 0.79 |
| 2008-06-30 | 0.79 |
| 2008-03-31 | 0.77 |
| 2007-12-31 | 0.81 |
| 2007-09-30 | 0.80 |
| 2007-06-30 | 0.76 |
| 2007-03-31 | 0.79 |
| 2006-12-31 | 0.84 |
| 2006-09-30 | 0.77 |
| 2006-06-30 | 0.76 |
| 2006-03-31 | 0.76 |
| 2005-12-31 | 0.82 |
| 2005-09-30 | 0.87 |
| 2005-06-30 | 0.82 |
| 2005-03-31 | 0.79 |
| 2004-12-31 | 0.86 |
| 2004-09-30 | 0.84 |
| 2004-06-30 | 0.80 |
| 2004-03-31 | 1.40 |
| 2003-12-31 | 1.67 |
| 2003-09-30 | 1.44 |
| 2003-06-30 | 1.32 |
| 2003-03-31 | 1.26 |
| 2002-12-31 | 1.25 |
| 2002-09-30 | 1.08 |
