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 8.34 is 31% above its 5-year average of 6.36, around the middle of its 5-year range (0.00–15.11).
As of the fiscal period ended Tuesday, March 31, 2026. 14.99% above its 12-month average of 7.25.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
8.34
QUICK RATIO (ACID-TEST) AVG TTM
7.25
QUICK RATIO (ACID-TEST) AVG 3Y
4.86
QUICK RATIO (ACID-TEST) AVG 5Y
6.36
QUICK RATIO (ACID-TEST) AVG 10Y
3.97
QUICK RATIO (ACID-TEST) AVG 15Y
2.24
QUICK RATIO (ACID-TEST) AVG 20Y
0.92
CURRENT VS TTM AVG
+14.99%
CURRENT VS 3Y AVG
+71.65%
CURRENT VS 5Y AVG
+31.17%
CURRENT VS 10Y AVG
+110.29%
CURRENT VS 15Y AVG
+272.48%
CURRENT VS 20Y AVG
+808.55%
SECTOR MEDIAN · TECHNOLOGY
1.79
median of 99 covered companies
CURRENT VS SECTOR MEDIAN
+365.91%
vs the sector median at left
Red Cat Holdings, Inc.
Market Cap
$993.26M
Quick Ratio (Acid-Test)
8.34
TTM Avg
7.25
3Y Avg
4.86
5Y Avg
6.36
Market Cap
$820.03M
Quick Ratio (Acid-Test)
3.24
TTM Avg
1.02
3Y Avg
1.40
5Y Avg
1.45
Market Cap
$1.18B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.67
3Y Avg
1.69
5Y Avg
3.24
Market Cap
$777.13M
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.04
3Y Avg
1.68
5Y Avg
4.21
Market Cap
$1.23B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.70
3Y Avg
1.05
5Y Avg
1.11
Market Cap
$591.31M
Quick Ratio (Acid-Test)
1.66
TTM Avg
1.61
3Y Avg
1.73
5Y Avg
1.98
Market Cap
$581.30M
Quick Ratio (Acid-Test)
N/A
TTM Avg
7.84
3Y Avg
8.76
5Y Avg
8.76
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $993.26M | 8.34 | 7.25 | 4.86 | 6.36 |
| PagerDuty, Inc. (PD)vs › | $1.07B | N/A | 1.94 | 2.15 | 2.52 |
| LightPath Technologies, Inc. (LPTH)vs › | $820.03M | 3.24 | 1.02 | 1.40 | 1.45 |
| POET Technologies Inc. (POET)vs › | $1.18B | N/A | 1.67 | 1.69 | 3.24 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $777.13M | N/A | 1.04 | 1.68 | 4.21 |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.23B | N/A | 0.70 | 1.05 | 1.11 |
| Methode Electronics, Inc. (MEI)vs › | $591.31M | 1.66 | 1.61 | 1.73 | 1.98 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $581.30M | N/A | 7.84 | 8.76 | 8.76 |
| C3.ai, Inc. (AI)vs › | $1.55B | N/A | 6.75 | 7.22 | 7.58 |
| Nano Dimension Ltd. (NNDM)vs › | $343.13M | 8.45 | 17.23 | 22.02 | 38.31 |
Quick Ratio
8.34
Excludes inventory
Current Ratio
10.99
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) |
|---|---|
| 2026-03-31 | 8.34 |
| 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 | 0.00 |
| 2024-10-31 | 0.60 |
| 2024-07-31 | 2.81 |
| 2024-04-30 | 3.78 |
| 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 |
