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 0.15 is 95% below its 5-year average of 3.06, near the low end of its 5-year range (0.15–8.20).
As of the fiscal period ended Tuesday, June 30, 2026. 89.66% below its 12-month average of 1.50.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.15.
QUICK RATIO (ACID-TEST)
0.15
QUICK RATIO (ACID-TEST) AVG TTM
1.50
QUICK RATIO (ACID-TEST) AVG 3Y
2.97
QUICK RATIO (ACID-TEST) AVG 5Y
3.06
QUICK RATIO (ACID-TEST) AVG 10Y
2.20
QUICK RATIO (ACID-TEST) AVG 15Y
2.47
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-89.66%
CURRENT VS 3Y AVG
-94.79%
CURRENT VS 5Y AVG
-94.95%
CURRENT VS 10Y AVG
-92.98%
CURRENT VS 15Y AVG
-93.73%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.22
median of 113 covered companies
CURRENT VS SECTOR MEDIAN
-87.32%
vs the sector median at left
PIMCO California Municipal Income Fund
Market Cap
$435.59M
Quick Ratio (Acid-Test)
0.15
TTM Avg
1.50
3Y Avg
2.97
5Y Avg
3.06
Market Cap
$431.13M
Quick Ratio (Acid-Test)
2.09
TTM Avg
4.19
3Y Avg
4.12
5Y Avg
4.12
Market Cap
$311.37M
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.28
3Y Avg
0.51
5Y Avg
0.50
Market Cap
$562.76M
Quick Ratio (Acid-Test)
1.66
TTM Avg
2.14
3Y Avg
3.79
5Y Avg
3.93
Market Cap
$279.52M
Quick Ratio (Acid-Test)
4.15
TTM Avg
0.13
3Y Avg
0.24
5Y Avg
0.28
Market Cap
$266.59M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.95M
Quick Ratio (Acid-Test)
0.07
TTM Avg
0.26
3Y Avg
0.26
5Y Avg
0.26
Market Cap
$205.51M
Quick Ratio (Acid-Test)
1.14
TTM Avg
0.83
3Y Avg
0.80
5Y Avg
0.70
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PIMCO California Municipal Income Fund (PCQ) | $435.59M | 0.15 | 1.50 | 2.97 | 3.06 |
| Invesco California Value Municipal Income Trust (VCV)vs › | $431.13M | 2.09 | 4.19 | 4.12 | 4.12 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | N/A | 0.28 | 0.51 | 0.50 |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $562.76M | 1.66 | 2.14 | 3.79 | 3.93 |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 4.15 | 0.13 | 0.24 | 0.28 |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 1.48 | 1.44 | 1.34 | 1.27 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 0.07 | 0.26 | 0.26 | 0.26 |
| DeFi Technologies Inc. (DEFT)vs › | $205.51M | 1.14 | 0.83 | 0.80 | 0.70 |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.32M | N/A | N/A | N/A | N/A |
Quick Ratio
0.15
Excludes inventory
Current Ratio
0.15
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 | 0.15 |
| 2025-12-31 | 0.92 |
| 2025-06-30 | 3.42 |
| 2024-12-31 | 1.64 |
| 2024-06-30 | 1.01 |
| 2023-12-31 | 8.20 |
| 2023-06-30 | 5.44 |
| 2022-12-31 | 3.21 |
| 2022-06-30 | 0.73 |
| 2021-12-31 | 4.22 |
| 2021-06-30 | 4.77 |
| 2020-12-31 | 4.23 |
| 2020-06-30 | 1.92 |
| 2019-12-31 | -4.28 |
| 2019-06-30 | 0.75 |
| 2018-12-31 | 4.63 |
| 2018-06-30 | 1.15 |
| 2017-12-31 | 0.09 |
| 2017-06-30 | 0.13 |
| 2016-12-31 | 0.17 |
| 2016-06-30 | 3.79 |
| 2015-12-31 | 3.95 |
| 2015-01-31 | 4.48 |
| 2014-07-31 | 1.74 |
| 2014-01-31 | 3.53 |
| 2013-07-31 | 0.46 |
| 2013-01-31 | 4.33 |
| 2012-07-31 | 3.85 |
| 2012-01-31 | 5.43 |
| 2011-10-30 | 0.00 |
