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 9.53 is 103% above its 5-year average of 4.70, around the middle of its 5-year range (0.21–14.90).
As of the fiscal period ended Tuesday, June 30, 2026. 12.53% above its 12-month average of 8.47.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 9.53.
QUICK RATIO (ACID-TEST)
9.53
QUICK RATIO (ACID-TEST) AVG TTM
8.47
QUICK RATIO (ACID-TEST) AVG 3Y
2.63
QUICK RATIO (ACID-TEST) AVG 5Y
4.70
QUICK RATIO (ACID-TEST) AVG 10Y
0.84
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+12.53%
CURRENT VS 3Y AVG
+262.33%
CURRENT VS 5Y AVG
+102.77%
CURRENT VS 10Y AVG
+1032.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.60
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+497.24%
vs the sector median at left
Ondas Holdings Inc.
Market Cap
$4.13B
Quick Ratio (Acid-Test)
9.53
TTM Avg
8.47
3Y Avg
2.63
5Y Avg
4.70
Market Cap
$4.18B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.02
3Y Avg
1.32
5Y Avg
1.49
Market Cap
$4.06B
Quick Ratio (Acid-Test)
0.79
TTM Avg
1.11
3Y Avg
1.22
5Y Avg
1.29
Market Cap
$4.34B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.54
3Y Avg
1.38
5Y Avg
1.33
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ondas Holdings Inc. (ONDS) | $4.13B | 9.53 | 8.47 | 2.63 | 4.70 |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 1.04 | 1.02 | 1.32 | 1.49 |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | 0.79 | 1.11 | 1.22 | 1.29 |
| Dlocal Limited (DLO)vs › | $4.03B | 1.25 | 1.52 | 1.63 | 1.59 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 1.51 | 1.54 | 1.38 | 1.33 |
| AXT, Inc. (AXTI)vs › | $4.36B | 4.00 | 1.41 | 1.27 | 1.66 |
| Workiva Inc. (WK)vs › | $3.88B | 1.47 | 1.67 | 1.72 | 1.69 |
| Wix.com Ltd. (WIX)vs › | $3.81B | 0.61 | 1.01 | 1.08 | 1.30 |
| Itron, Inc. (ITRI)vs › | $3.79B | 2.29 | 2.24 | 1.78 | 1.61 |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 3.21 | 3.58 | 3.11 | 3.15 |
Quick Ratio
9.53
Excludes inventory
Current Ratio
9.85
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 | 9.53 |
| 2026-03-31 | 10.68 |
| 2025-12-31 | 4.68 |
| 2025-09-30 | 14.90 |
| 2025-06-30 | 2.54 |
| 2025-03-31 | 0.65 |
| 2024-12-31 | 0.75 |
| 2024-09-30 | 0.21 |
| 2024-06-30 | 0.27 |
| 2024-03-31 | 0.52 |
| 2023-12-31 | 0.60 |
| 2023-09-30 | 0.78 |
| 2023-06-30 | 0.35 |
| 2023-03-31 | 0.71 |
| 2022-12-31 | 1.56 |
| 2022-09-30 | 2.82 |
| 2022-06-30 | 5.72 |
| 2022-03-31 | 6.44 |
| 2021-12-31 | 9.40 |
| 2021-09-30 | 11.55 |
| 2021-06-30 | 14.02 |
| 2021-03-31 | 2.21 |
| 2020-12-31 | 2.14 |
| 2020-09-30 | 0.16 |
| 2020-06-30 | 0.04 |
| 2020-03-31 | 0.02 |
| 2019-12-31 | 0.18 |
| 2019-09-30 | 0.34 |
| 2019-06-30 | 0.18 |
| 2019-03-31 | 0.05 |
| 2018-12-31 | 0.10 |
| 2018-09-30 | 0.06 |
| 2018-06-30 | 0.12 |
| 2018-03-31 | 0.07 |
| 2017-12-31 | 0.05 |
| 2017-09-30 | 0.07 |
| 2017-06-30 | 0.30 |
| 2017-03-31 | 0.01 |
| 2016-12-31 | 0.07 |
| 2016-09-30 | 0.12 |
| 2016-06-30 | 0.18 |
| 2016-03-31 | 0.09 |
| 2015-12-31 | 0.18 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |