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 2.24 is 21% below its 5-year average of 2.84, near the low end of its 5-year range (2.16–4.74).
As of the fiscal period ended Tuesday, June 30, 2026. 17.60% below its 12-month average of 2.72.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.24.
QUICK RATIO (ACID-TEST)
2.24
QUICK RATIO (ACID-TEST) AVG TTM
2.72
QUICK RATIO (ACID-TEST) AVG 3Y
2.73
QUICK RATIO (ACID-TEST) AVG 5Y
2.84
QUICK RATIO (ACID-TEST) AVG 10Y
3.51
QUICK RATIO (ACID-TEST) AVG 15Y
3.21
QUICK RATIO (ACID-TEST) AVG 20Y
2.91
CURRENT VS TTM AVG
-17.60%
CURRENT VS 3Y AVG
-17.98%
CURRENT VS 5Y AVG
-21.03%
CURRENT VS 10Y AVG
-36.10%
CURRENT VS 15Y AVG
-30.21%
CURRENT VS 20Y AVG
-22.96%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.27
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
+75.67%
vs the sector median at left
Saga Communications, Inc.
Market Cap
$53.34M
Quick Ratio (Acid-Test)
2.24
TTM Avg
2.72
3Y Avg
2.73
5Y Avg
2.84
Market Cap
$53.00M
Quick Ratio (Acid-Test)
0.59
TTM Avg
1.19
3Y Avg
1.29
5Y Avg
2.18
Market Cap
$54.81M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.15
3Y Avg
1.33
5Y Avg
1.45
Market Cap
$54.96M
Quick Ratio (Acid-Test)
0.22
TTM Avg
0.25
3Y Avg
0.29
5Y Avg
0.43
Market Cap
$45.19M
Quick Ratio (Acid-Test)
0.75
TTM Avg
0.96
3Y Avg
0.95
5Y Avg
0.91
Market Cap
$44.94M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.26
3Y Avg
1.93
5Y Avg
1.19
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Saga Communications, Inc. (SGA) | $53.34M | 2.24 | 2.72 | 2.73 | 2.84 |
| Grandstand Limited (GRSD)vs › | $53.00M | 0.59 | 1.19 | 1.29 | 2.18 |
| Teads Holding Co. (TEAD)vs › | $54.81M | 0.98 | 1.15 | 1.33 | 1.45 |
| Reading International, Inc. (RDIB)vs › | $54.96M | 0.22 | 0.25 | 0.29 | 0.43 |
| Travelzoo (TZOO)vs › | $56.33M | 0.64 | 0.78 | 0.80 | 0.80 |
| Marchex, Inc. (MCHX)vs › | $60.25M | 2.29 | 2.38 | 2.44 | 2.46 |
| BuzzFeed, Inc. (BZFD)vs › | $45.26M | 1.01 | 0.97 | 1.04 | 1.74 |
| Cineverse Corp. (CNVS)vs › | $45.19M | 0.75 | 0.96 | 0.95 | 0.91 |
| FreeCast, Inc. Class A Common Stock (CAST)vs › | $44.94M | 1.26 | 1.26 | 1.93 | 1.19 |
| Cheer Holding, Inc. (CHR)vs › | $43.76M | 12.48 | 9.59 | 7.86 | 6.46 |
Quick Ratio
2.24
Excludes inventory
Current Ratio
2.24
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 | 2.24 |
| 2026-03-31 | 2.81 |
| 2025-12-31 | 3.04 |
| 2025-09-30 | 2.74 |
| 2025-06-30 | 2.76 |
| 2025-03-31 | 2.72 |
| 2024-12-31 | 2.84 |
| 2024-09-30 | 2.64 |
| 2024-06-30 | 2.69 |
| 2024-03-31 | 2.34 |
| 2023-12-31 | 2.16 |
| 2023-09-30 | 3.37 |
| 2023-06-30 | 3.73 |
| 2023-03-31 | 3.20 |
| 2022-12-31 | 2.31 |
| 2022-09-30 | 2.47 |
| 2022-06-30 | 4.68 |
| 2022-03-31 | 4.56 |
| 2021-12-31 | 3.88 |
| 2021-09-30 | 3.11 |
| 2021-06-30 | 4.74 |
| 2021-03-31 | 5.26 |
| 2020-12-31 | 5.09 |
| 2020-09-30 | 4.53 |
| 2020-06-30 | 4.33 |
| 2020-03-31 | 4.16 |
| 2019-12-31 | 3.81 |
| 2019-09-30 | 3.69 |
| 2019-06-30 | 3.49 |
| 2019-03-31 | 4.14 |
| 2018-12-31 | 2.96 |
| 2018-09-30 | 5.21 |
| 2018-06-30 | 5.03 |
| 2018-03-31 | 5.52 |
| 2017-12-31 | 3.64 |
| 2017-09-30 | 2.19 |
| 2017-06-30 | 2.90 |
| 2017-03-31 | 3.62 |
| 2016-12-31 | 3.29 |
| 2016-09-30 | 3.14 |
| 2016-06-30 | 2.67 |
| 2016-03-31 | 2.49 |
| 2015-12-31 | 3.26 |
| 2015-09-30 | 2.81 |
| 2015-06-30 | 3.56 |
| 2015-03-31 | 3.27 |
| 2014-12-31 | 3.28 |
| 2014-09-30 | 2.95 |
| 2014-06-30 | 2.86 |
| 2014-03-31 | 3.38 |
| 2013-12-31 | 2.93 |
| 2013-09-30 | 3.65 |
| 2013-06-30 | 3.25 |
| 2013-03-31 | 3.54 |
| 2012-12-31 | 2.95 |
| 2012-09-30 | 1.06 |
| 2012-06-30 | 2.15 |
| 2012-03-31 | 0.84 |
| 2011-12-31 | 1.90 |
| 2011-09-30 | 1.74 |
| 2011-06-30 | 2.03 |
| 2011-03-31 | 1.97 |
| 2010-12-31 | 1.82 |
| 2010-09-30 | 1.52 |
| 2010-06-30 | 1.26 |
| 2010-03-31 | 1.24 |
| 2009-12-31 | 1.16 |
| 2009-09-30 | 1.16 |
| 2009-06-30 | 1.29 |
| 2009-03-31 | 1.82 |
| 2008-12-31 | 1.86 |
| 2008-09-30 | 2.20 |
| 2008-06-30 | 2.38 |
| 2008-03-31 | 2.32 |
| 2007-12-31 | 2.22 |
| 2007-09-30 | 2.38 |
| 2007-06-30 | 2.23 |
| 2007-03-31 | 2.33 |
| 2006-12-31 | 2.08 |
| 2006-09-30 | 2.35 |
| 2006-06-30 | 2.32 |
| 2006-03-31 | 3.00 |
| 2005-12-31 | 1.87 |
| 2005-09-30 | 2.01 |
| 2005-06-30 | 2.55 |
| 2005-03-31 | 1.99 |
| 2004-12-31 | 2.15 |
| 2004-09-30 | 2.35 |
| 2004-06-30 | 2.31 |
| 2004-03-31 | 2.68 |
| 2003-12-31 | 2.66 |
| 2003-09-30 | 3.16 |
| 2003-06-30 | 2.49 |
| 2003-03-31 | 0.98 |
| 2002-12-31 | 1.10 |
| 2002-09-30 | 1.61 |
