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 1.14 is in line with its 5-year average of 1.09, near the high end of its 5-year range (1.07–1.14).
As of the fiscal period ended Tuesday, June 30, 2026. 1.71% above its 12-month average of 1.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.14.
QUICK RATIO (ACID-TEST)
1.14
QUICK RATIO (ACID-TEST) AVG TTM
1.12
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.09
QUICK RATIO (ACID-TEST) AVG 10Y
0.82
QUICK RATIO (ACID-TEST) AVG 15Y
0.68
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+1.71%
CURRENT VS 3Y AVG
+3.86%
CURRENT VS 5Y AVG
+4.18%
CURRENT VS 10Y AVG
+39.70%
CURRENT VS 15Y AVG
+66.78%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-16.85%
vs the sector median at left
Paysign, Inc.
Market Cap
$802.81M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.12
3Y Avg
1.10
5Y Avg
1.09
Market Cap
$803.87M
Quick Ratio (Acid-Test)
2.42
TTM Avg
1.32
3Y Avg
2.90
5Y Avg
3.76
Market Cap
$823.73M
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.80
3Y Avg
0.84
5Y Avg
0.67
Market Cap
$768.76M
Quick Ratio (Acid-Test)
1.97
TTM Avg
1.57
3Y Avg
1.36
5Y Avg
1.24
Market Cap
$768.23M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.31
3Y Avg
1.32
5Y Avg
1.33
Market Cap
$840.51M
Quick Ratio (Acid-Test)
2.11
TTM Avg
1.93
3Y Avg
2.07
5Y Avg
1.91
Market Cap
$841.08M
Quick Ratio (Acid-Test)
7.97
TTM Avg
12.79
3Y Avg
10.54
5Y Avg
9.04
Market Cap
$841.80M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.11
3Y Avg
2.26
5Y Avg
3.86
Market Cap
$758.51M
Quick Ratio (Acid-Test)
2.31
TTM Avg
2.91
3Y Avg
2.44
5Y Avg
1.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paysign, Inc. (PAYS) | $802.81M | 1.14 | 1.12 | 1.10 | 1.09 |
| PureCycle Technologies, Inc. (PCT)vs › | $803.87M | 2.42 | 1.32 | 2.90 | 3.76 |
| Republic Airways Holdings Inc. (RJET)vs › | $823.73M | 0.84 | 0.80 | 0.84 | 0.67 |
| LSI Industries Inc. (LYTS)vs › | $768.76M | 1.97 | 1.57 | 1.36 | 1.24 |
| Barrett Business Services, Inc. (BBSI)vs › | $768.23M | 1.14 | 1.31 | 1.32 | 1.33 |
| Transcat, Inc. (TRNS)vs › | $840.51M | 2.11 | 1.93 | 2.07 | 1.91 |
| Kornit Digital Ltd. (KRNT)vs › | $841.08M | 7.97 | 12.79 | 10.54 | 9.04 |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $841.80M | 1.11 | 1.11 | 2.26 | 3.86 |
| Satellogic Inc. (SATL)vs › | $758.51M | 2.31 | 2.91 | 2.44 | 1.66 |
| Bowman Consulting Group Ltd. (BWMN)vs › | $749.15M | 0.90 | 1.15 | 1.25 | 1.46 |
Quick Ratio
1.14
Excludes inventory
Current Ratio
1.14
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 | 1.14 |
| 2026-03-31 | 1.12 |
| 2025-12-31 | 1.11 |
| 2025-09-30 | 1.13 |
| 2025-06-30 | 1.11 |
| 2025-03-31 | 1.07 |
| 2024-12-31 | 1.09 |
| 2024-09-30 | 1.09 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 1.08 |
| 2023-09-30 | 1.10 |
| 2023-06-30 | 1.09 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.10 |
| 2022-09-30 | 1.09 |
| 2022-06-30 | 1.09 |
| 2022-03-31 | 1.10 |
| 2021-12-31 | 1.10 |
| 2021-09-30 | 1.09 |
| 2021-06-30 | 1.09 |
| 2021-03-31 | 1.11 |
| 2020-12-31 | 1.15 |
| 2020-09-30 | 1.15 |
| 2020-06-30 | 1.41 |
| 2020-03-31 | 1.35 |
| 2019-12-31 | 1.40 |
| 2019-09-30 | 0.35 |
| 2019-06-30 | 0.20 |
| 2019-03-31 | 0.15 |
| 2018-12-31 | 0.26 |
| 2018-09-30 | 0.27 |
| 2018-06-30 | 0.23 |
| 2018-03-31 | 0.20 |
| 2017-12-31 | 0.22 |
| 2017-09-30 | 0.20 |
| 2017-06-30 | 0.17 |
| 2017-03-31 | 0.16 |
| 2016-12-31 | 0.18 |
| 2016-09-30 | 0.17 |
| 2016-06-30 | 0.13 |
| 2016-03-31 | 0.16 |
| 2015-12-31 | 0.19 |
| 2015-09-30 | 0.28 |
| 2015-06-30 | 0.56 |
| 2015-03-31 | 0.37 |
| 2014-12-31 | 0.41 |
| 2014-09-30 | 0.12 |
| 2014-06-30 | 0.12 |
| 2014-03-31 | 0.28 |
| 2013-12-31 | 0.18 |
| 2013-09-30 | 0.10 |
| 2013-06-30 | 0.16 |
| 2013-03-31 | 0.27 |
| 2012-12-31 | 0.88 |
| 2012-09-30 | 0.83 |
| 2012-06-30 | 0.87 |
| 2012-03-31 | 695.72 |
| 2011-12-31 | 0.68 |
| 2011-09-30 | 0.58 |
| 2011-06-30 | 0.51 |
| 2011-03-31 | 0.49 |
| 2010-12-31 | 0.65 |
| 2010-09-30 | 0.00 |