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 0.22 is 28% below its 5-year average of 0.31, near the low end of its 5-year range (0.14–1.09).
As of the fiscal period ended Tuesday, June 30, 2026. 9.43% above its 12-month average of 0.20.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.22.
QUICK RATIO (ACID-TEST)
0.22
QUICK RATIO (ACID-TEST) AVG TTM
0.20
QUICK RATIO (ACID-TEST) AVG 3Y
0.27
QUICK RATIO (ACID-TEST) AVG 5Y
0.31
QUICK RATIO (ACID-TEST) AVG 10Y
0.33
QUICK RATIO (ACID-TEST) AVG 15Y
0.53
QUICK RATIO (ACID-TEST) AVG 20Y
0.61
CURRENT VS TTM AVG
+9.43%
CURRENT VS 3Y AVG
-16.94%
CURRENT VS 5Y AVG
-28.44%
CURRENT VS 10Y AVG
-33.07%
CURRENT VS 15Y AVG
-58.25%
CURRENT VS 20Y AVG
-63.47%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.27
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-82.60%
vs the sector median at left
Reading International, Inc.
Market Cap
$63.30M
Quick Ratio (Acid-Test)
0.22
TTM Avg
0.20
3Y Avg
0.27
5Y Avg
0.31
Market Cap
$67.79M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.30
3Y Avg
1.06
5Y Avg
0.97
Market Cap
$57.31M
Quick Ratio (Acid-Test)
0.22
TTM Avg
0.25
3Y Avg
0.29
5Y Avg
0.43
Market Cap
$55.41M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.15
3Y Avg
1.33
5Y Avg
1.45
Market Cap
$54.23M
Quick Ratio (Acid-Test)
0.59
TTM Avg
1.19
3Y Avg
1.29
5Y Avg
2.18
Market Cap
$53.69M
Quick Ratio (Acid-Test)
2.24
TTM Avg
2.94
3Y Avg
2.59
5Y Avg
3.22
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Reading International, Inc. (RDI) | $63.30M | 0.22 | 0.20 | 0.27 | 0.31 |
| Marchex, Inc. (MCHX)vs › | $59.37M | 2.29 | 2.38 | 2.44 | 2.46 |
| PodcastOne, Inc. (PODC)vs › | $67.79M | 1.11 | 1.30 | 1.06 | 0.97 |
| Reading International, Inc. (RDIB)vs › | $57.31M | 0.22 | 0.25 | 0.29 | 0.43 |
| Teads Holding Co. (TEAD)vs › | $55.41M | 0.98 | 1.15 | 1.33 | 1.45 |
| Grandstand Limited (GRSD)vs › | $54.23M | 0.59 | 1.19 | 1.29 | 2.18 |
| Travelzoo (TZOO)vs › | $53.97M | 0.64 | 0.78 | 0.80 | 0.80 |
| Saga Communications, Inc. (SGA)vs › | $53.69M | 2.24 | 2.94 | 2.59 | 3.22 |
| Fluent, Inc. (FLNT)vs › | $79.91M | 0.88 | 1.03 | 1.37 | 1.51 |
| MediaCo Holding Inc. (MDIA)vs › | $79.99M | 0.22 | 0.55 | 1.17 | 1.07 |
Quick Ratio
0.22
Excludes inventory
Current Ratio
0.23
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 | 0.22 |
| 2026-03-31 | 0.33 |
| 2025-12-31 | 0.16 |
| 2025-09-30 | 0.15 |
| 2025-06-30 | 0.15 |
| 2025-03-31 | 0.22 |
| 2024-12-31 | 0.34 |
| 2024-09-30 | 0.41 |
| 2024-06-30 | 0.39 |
| 2024-03-31 | 0.14 |
| 2023-12-31 | 0.29 |
| 2023-09-30 | 0.31 |
| 2023-06-30 | 0.35 |
| 2023-03-31 | 0.25 |
| 2022-12-31 | 0.38 |
| 2022-09-30 | 0.41 |
| 2022-06-30 | 0.48 |
| 2022-03-31 | 0.59 |
| 2021-12-31 | 0.92 |
| 2021-09-30 | 1.04 |
| 2021-06-30 | 1.09 |
| 2021-03-31 | 0.85 |
| 2020-12-31 | 0.46 |
| 2020-09-30 | 0.35 |
| 2020-06-30 | 0.50 |
| 2020-03-31 | 0.29 |
| 2019-12-31 | 0.23 |
| 2019-09-30 | 0.24 |
| 2019-06-30 | 0.25 |
| 2019-03-31 | 0.27 |
| 2018-12-31 | 0.34 |
| 2018-09-30 | 0.52 |
| 2018-06-30 | 0.44 |
| 2018-03-31 | 0.37 |
| 2017-12-31 | 0.40 |
| 2017-09-30 | 0.87 |
| 2017-06-30 | 0.87 |
| 2017-03-31 | 1.32 |
| 2016-12-31 | 1.08 |
| 2016-09-30 | 0.40 |
| 2016-06-30 | 0.30 |
| 2016-03-31 | 0.44 |
| 2015-12-31 | 0.47 |
| 2015-09-30 | 1.13 |
| 2015-06-30 | 1.52 |
| 2015-03-31 | 0.87 |
| 2014-12-31 | 0.89 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.87 |
| 2014-03-31 | 0.35 |
| 2013-12-31 | 0.43 |
| 2013-09-30 | 0.49 |
| 2013-06-30 | 0.52 |
| 2013-03-31 | 0.80 |
| 2012-12-31 | 0.74 |
| 2012-09-30 | 0.87 |
| 2012-06-30 | 0.73 |
| 2012-05-07 | 0.63 |
| 2011-12-31 | 0.66 |
| 2011-09-30 | 0.44 |
| 2011-06-30 | 0.69 |
| 2011-03-31 | 0.54 |
| 2010-12-31 | 0.64 |
| 2010-09-30 | 0.59 |
| 2010-06-30 | 0.60 |
| 2010-03-31 | 0.79 |
| 2009-12-31 | 0.70 |
| 2009-09-30 | 0.91 |
| 2009-06-30 | 0.75 |
| 2009-03-31 | 1.32 |
| 2008-12-31 | 1.93 |
| 2008-09-30 | 2.28 |
| 2008-06-30 | 1.38 |
| 2008-03-31 | 0.34 |
| 2007-12-31 | 1.20 |
| 2007-09-30 | 1.33 |
| 2007-06-30 | 1.67 |
| 2007-03-31 | 1.14 |
| 2006-12-31 | 0.80 |
| 2006-09-30 | 0.47 |
| 2006-06-30 | 0.48 |
| 2006-03-31 | 0.41 |
| 2005-12-31 | 0.51 |
| 2005-09-30 | 0.70 |
| 2005-06-30 | 0.79 |
| 2005-03-31 | 0.82 |
| 2004-12-31 | 0.78 |
| 2004-09-30 | 0.55 |
| 2004-06-30 | 0.88 |
| 2004-03-31 | 1.02 |
| 2003-12-31 | 1.01 |
| 2003-09-30 | 0.98 |
| 2003-06-30 | 1.01 |
| 2003-03-31 | 1.00 |
| 2002-12-31 | 0.99 |
| 2002-09-30 | 1.06 |