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 11.89 is 70% above its 5-year average of 7.00, near the high end of its 5-year range (0.54–15.11).
As of the fiscal period ended Tuesday, June 30, 2026. 31.56% above its 12-month average of 9.04.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2027 (2026-06-30): 11.89.
QUICK RATIO (ACID-TEST)
11.89
QUICK RATIO (ACID-TEST) AVG TTM
9.04
QUICK RATIO (ACID-TEST) AVG 3Y
5.48
QUICK RATIO (ACID-TEST) AVG 5Y
7.00
QUICK RATIO (ACID-TEST) AVG 10Y
4.31
QUICK RATIO (ACID-TEST) AVG 15Y
2.48
QUICK RATIO (ACID-TEST) AVG 20Y
1.07
CURRENT VS TTM AVG
+31.56%
CURRENT VS 3Y AVG
+116.85%
CURRENT VS 5Y AVG
+69.78%
CURRENT VS 10Y AVG
+175.85%
CURRENT VS 15Y AVG
+379.21%
CURRENT VS 20Y AVG
+1009.28%
SECTOR MEDIAN · INDUSTRIALS
1.15
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+938.58%
vs the sector median at left
Red Cat Holdings, Inc.
Market Cap
$1.00B
Quick Ratio (Acid-Test)
11.89
TTM Avg
9.04
3Y Avg
5.48
5Y Avg
7.00
Market Cap
$1.08B
Quick Ratio (Acid-Test)
1.49
TTM Avg
1.24
3Y Avg
0.85
5Y Avg
0.68
Market Cap
$1.37B
Quick Ratio (Acid-Test)
7.77
TTM Avg
4.92
3Y Avg
5.37
5Y Avg
5.61
Market Cap
$470.60M
Quick Ratio (Acid-Test)
11.47
TTM Avg
10.16
3Y Avg
10.16
5Y Avg
10.16
Market Cap
$303.04M
Quick Ratio (Acid-Test)
92.88
TTM Avg
88.49
3Y Avg
45.50
5Y Avg
36.86
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $1.00B | 11.89 | 9.04 | 5.48 | 7.00 |
| Upwork Inc. (UPWK)vs › | $1.01B | 1.42 | 2.42 | 2.91 | 2.90 |
| Kforce Inc. (KFRC)vs › | $932.52M | 1.93 | 1.89 | 2.06 | 2.28 |
| Power Solutions International, Inc. (PSIX)vs › | $1.08B | 1.49 | 1.24 | 0.85 | 0.68 |
| T1 Energy Inc (TE)vs › | $1.13B | 0.90 | 0.96 | 4.38 | 6.93 |
| Ameresco, Inc. (AMRC)vs › | $1.21B | 1.66 | 1.48 | 1.35 | 1.33 |
| FuelCell Energy, Inc. (FCEL)vs › | $1.37B | 7.77 | 4.92 | 5.37 | 5.61 |
| Deep Fission, Inc. (FISN)vs › | $470.60M | 11.47 | 10.16 | 10.16 | 10.16 |
| Richtech Robotics Inc. Class B Common Stock (RR)vs › | $303.04M | 92.88 | 88.49 | 45.50 | 36.86 |
| SCHMID Group N.V. Class A Ordinary Shares (SHMD)vs › | $241.69M | 0.61 | 0.35 | 0.49 | 0.45 |
Quick Ratio
11.89
Excludes inventory
Current Ratio
14.86
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 | 11.89 |
| 2026-03-31 | 7.70 |
| 2025-12-31 | 13.71 |
| 2025-12-31 | 8.34 |
| 2025-09-30 | 9.47 |
| 2025-06-30 | 3.12 |
| 2025-03-31 | 0.54 |
| 2024-12-31 | 3.07 |
| 2024-10-31 | 0.60 |
| 2024-07-31 | 2.81 |
| 2024-04-30 | 3.94 |
| 2024-01-31 | 3.61 |
| 2023-10-31 | 3.18 |
| 2023-07-31 | 4.79 |
| 2023-04-30 | 5.74 |
| 2023-01-31 | 6.08 |
| 2022-10-31 | 8.46 |
| 2022-07-31 | 10.23 |
| 2022-04-30 | 9.52 |
| 2022-01-31 | 11.48 |
| 2021-10-31 | 10.71 |
| 2021-07-31 | 15.11 |
| 2021-04-30 | 0.27 |
| 2021-01-31 | 0.12 |
| 2020-10-31 | 0.24 |
| 2020-07-31 | 0.06 |
| 2020-04-30 | 0.29 |
| 2020-01-31 | 0.60 |
| 2019-10-31 | 1.30 |
| 2019-07-31 | 2.32 |
| 2019-03-31 | 0.03 |
| 2018-12-31 | 0.06 |
| 2018-09-30 | 0.14 |
| 2018-06-30 | 0.27 |
| 2018-03-31 | 0.74 |
| 2017-12-31 | 0.29 |
| 2017-09-30 | 0.11 |
| 2017-06-30 | 0.18 |
| 2017-03-31 | 0.65 |
| 2016-12-31 | 14.51 |
| 2016-09-30 | 4.76 |
| 2016-06-30 | 0.03 |
| 2016-03-31 | 0.01 |
| 2015-12-31 | 0.02 |
| 2015-09-30 | 0.05 |
| 2015-06-30 | 0.01 |
| 2015-03-31 | 0.02 |
| 2014-12-31 | 0.01 |
| 2014-09-30 | 0.51 |
| 2014-06-30 | 0.58 |
| 2014-03-31 | 1.61 |
| 2013-12-31 | 5.13 |
| 2013-09-30 | 0.32 |
| 2013-06-30 | 0.81 |
| 2013-03-31 | 0.93 |
| 2012-12-31 | 1.11 |
| 2012-09-30 | 2.40 |
| 2012-06-30 | 1.67 |
| 2012-03-31 | 0.30 |
| 2011-12-31 | 2.63 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.01 |
| 2010-12-31 | 0.04 |
| 2010-09-30 | 0.04 |
| 2010-06-30 | 0.03 |
| 2010-03-31 | 0.05 |
| 2009-12-31 | 0.03 |
| 2009-09-30 | 0.03 |
| 2009-06-30 | 0.03 |
| 2009-03-31 | 0.04 |
| 2008-12-31 | 0.04 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.04 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.02 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 6.98 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.01 |
| 2004-09-30 | 0.02 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.02 |
| 2002-06-30 | 0.00 |
