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 0.84 is 63% above its 5-year average of 0.52, near the high end of its 5-year range (0.19–0.84).
As of the fiscal period ended Tuesday, June 30, 2026. 15.55% above its 12-month average of 0.73.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.84.
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
0.73
QUICK RATIO (ACID-TEST) AVG 3Y
0.57
QUICK RATIO (ACID-TEST) AVG 5Y
0.52
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+15.55%
CURRENT VS 3Y AVG
+48.20%
CURRENT VS 5Y AVG
+62.65%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
1.37
median of 479 covered companies
CURRENT VS SECTOR MEDIAN
-38.85%
vs the sector median at left
Republic Airways Holdings Inc.
Market Cap
$823.73M
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.73
3Y Avg
0.57
5Y Avg
0.52
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
$803.87M
Quick Ratio (Acid-Test)
2.42
TTM Avg
1.32
3Y Avg
2.90
5Y Avg
3.76
Market Cap
$802.81M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.10
3Y Avg
1.10
5Y Avg
1.10
Market Cap
$877.37M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.11
3Y Avg
1.08
5Y Avg
1.08
Market Cap
$877.96M
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.06
3Y Avg
1.24
5Y Avg
1.82
Market Cap
$768.76M
Quick Ratio (Acid-Test)
1.97
TTM Avg
1.57
3Y Avg
1.36
5Y Avg
1.24
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Republic Airways Holdings Inc. (RJET) | $823.73M | 0.84 | 0.73 | 0.57 | 0.52 |
| 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 |
| PureCycle Technologies, Inc. (PCT)vs › | $803.87M | 2.42 | 1.32 | 2.90 | 3.76 |
| Paysign, Inc. (PAYS)vs › | $802.81M | 1.14 | 1.10 | 1.10 | 1.10 |
| Aebi Schmidt Holding AG (AEBI)vs › | $877.37M | 1.14 | 1.11 | 1.08 | 1.08 |
| Heartland Express, Inc. (HTLD)vs › | $877.96M | 1.58 | 1.06 | 1.24 | 1.82 |
| 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 |
Quick Ratio
0.84
Excludes inventory
Current Ratio
1.03
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 | 0.84 |
| 2026-03-31 | 0.75 |
| 2025-12-31 | 0.79 |
| 2025-09-30 | 0.58 |
| 2025-06-30 | 0.67 |
| 2025-03-31 | 0.80 |
| 2024-12-31 | 0.52 |
| 2024-09-30 | 0.19 |
| 2024-06-30 | 0.29 |
| 2024-03-31 | 0.35 |
| 2023-12-31 | 0.48 |
| 2023-09-30 | 0.41 |
| 2023-06-30 | 0.69 |
| 2023-03-31 | 0.37 |
| 2022-12-31 | 0.41 |
| 2022-09-30 | 0.33 |
| 2022-06-30 | 0.29 |
| 2022-03-31 | 0.38 |
| 2021-12-31 | 0.45 |
| 2021-09-30 | 0.52 |
| 2021-06-30 | 0.72 |
| 2021-03-31 | 0.67 |
| 2020-12-31 | 0.74 |
| 2020-09-30 | 0.37 |
| 2020-06-30 | 0.29 |
| 2020-03-31 | 0.25 |
| 2019-12-31 | 0.30 |
| 2019-09-30 | 0.52 |
| 2019-06-30 | 0.55 |
| 2019-03-31 | 0.61 |
| 2018-12-31 | 0.67 |
| 2018-09-30 | 0.72 |
| 2018-06-30 | 0.42 |
| 2018-03-31 | 0.54 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.59 |
