Quick Ratio (Acid-Test): 2.22
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.22 is 51% above its 5-year average of 1.47, near the high end of its 5-year range (0.00–2.22).
As of Saturday, June 27, 2026. 12.22% above its 12-month average of 1.98.
NXT Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
NXT Average Quick Ratio (Acid-Test) Chart
NXT Current vs Average Quick Ratio (Acid-Test) Chart
NXT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
2.22
QUICK RATIO (ACID-TEST) AVG TTM
1.98
QUICK RATIO (ACID-TEST) AVG 3Y
1.75
QUICK RATIO (ACID-TEST) AVG 5Y
1.55
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
+12.22%
CURRENT VS 3Y AVG
+27.18%
CURRENT VS 5Y AVG
+43.49%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
NXT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nextpower Inc. (NXT) | $16.07B | 2.22 | 1.98 | 1.75 | 1.55 |
| Onto Innovation Inc. (ONTO)vs › | $16.11B | 4.43 | 4.43 | 5.97 | 5.50 |
| Broadridge Financial Solutions, Inc. (BR)vs › | $15.95B | 0.98 | 1.02 | 0.91 | 0.93 |
| Toast, Inc. (TOST)vs › | $15.71B | 2.64 | 2.42 | 2.35 | 3.01 |
| Akamai Technologies, Inc. (AKAM)vs › | $16.47B | 2.29 | 1.76 | 2.02 | 2.18 |
| Gen Digital Inc. (GEN)vs › | $14.73B | 0.40 | 0.40 | 0.47 | 0.52 |
| Samsara Inc. (IOT)vs › | $17.97B | 1.59 | 1.52 | 1.64 | 1.99 |
| PTC Inc. (PTC)vs › | $13.37B | 1.12 | 0.95 | 1.00 | 1.10 |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 1.14 | 1.25 | 1.34 | 1.47 |
| Fabrinet (FN)vs › | $18.80B | 2.28 | 2.53 | 2.47 | 2.26 |
Liquidity Comparison
Quick Ratio
2.22
Excludes inventory
Current Ratio
2.45
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Nextpower Inc. (NXT)?
- The quick ratio (acid-test) for NXT stock is 2.22.
- Is Nextpower Inc.'s quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 2.22 is 51% above its 5-year average of 1.47, near the high end of its 5-year range (0.00–2.22).
- What is the TTM average quick ratio (acid-test) for Nextpower Inc. (NXT)?
- The TTM average quick ratio (acid-test) for NXT stock is 1.98.
- What is the 3Y average quick ratio (acid-test) for Nextpower Inc. (NXT)?
- The 3Y average quick ratio (acid-test) for NXT stock is 1.75.
- What is the 5Y average quick ratio (acid-test) for Nextpower Inc. (NXT)?
- The 5Y average quick ratio (acid-test) for NXT stock is 1.55.
NXT Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-03-31 | 2.22 |
| 2025-12-31 | 2.04 |
| 2025-09-26 | 1.90 |
| 2025-06-27 | 1.90 |
| 2025-03-31 | 1.84 |
| 2024-12-31 | 1.89 |
| 2024-09-27 | 1.90 |
| 2024-06-28 | 1.84 |
| 2024-03-31 | 1.64 |
| 2023-12-31 | 1.46 |
| 2023-09-29 | 1.35 |
| 2023-06-30 | 1.34 |
| 2023-03-31 | 1.39 |
| 2022-12-31 | 1.11 |
| 2022-09-30 | 1.07 |
| 2022-06-30 | 1.06 |
| 2022-03-31 | 1.11 |
| 2021-12-31 | 0.00 |
| 2021-10-01 | 1.24 |
| 2021-07-02 | 1.37 |
| 2021-03-31 | 1.27 |
| 2020-12-31 | 0.00 |
| 2020-09-25 | 0.00 |
| 2020-06-26 | 0.00 |
Related Metrics
About Nextpower Inc.
Nextpower Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced carbon footprint. It also provides TrueCapture, an energy yield management system that addresses power production shortfalls; NX Anchor, a solar tracker foundation system to facilitate solar project development in challenging soil conditions; NX Truss Driver, an advanced installation equipment; and NX Navigator, which assists solar power plant owners and operators in monitoring, controlling, and protecting their solar projects. The company serves engineering, procurement, and construction firms, as well as solar project developers and owners. Nextpower Inc. was formerly known as Nextracker Inc. and changed its name to Nextpower Inc. in November 2025. The company was founded in 2013 and is headquartered in Fremont, California.
- Sector
- Technology
- Industry
- Consumer Electronics
- CEO
- Daniel S. Shugar