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 1.12 is 31% below its 5-year average of 1.63, near the low end of its 5-year range (1.07–2.58).
As of the fiscal period ended Tuesday, June 30, 2026. 16.00% below its 12-month average of 1.34.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.12.
QUICK RATIO (ACID-TEST)
1.12
QUICK RATIO (ACID-TEST) AVG TTM
1.34
QUICK RATIO (ACID-TEST) AVG 3Y
1.54
QUICK RATIO (ACID-TEST) AVG 5Y
1.63
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
-16.00%
CURRENT VS 3Y AVG
-27.11%
CURRENT VS 5Y AVG
-31.21%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
1.06
median of 112 covered companies
CURRENT VS SECTOR MEDIAN
+5.96%
vs the sector median at left
Shoals Technologies Group, Inc.
Market Cap
$1.42B
Quick Ratio (Acid-Test)
1.12
TTM Avg
1.34
3Y Avg
1.54
5Y Avg
1.63
Market Cap
$1.40B
Quick Ratio (Acid-Test)
13.85
TTM Avg
15.75
3Y Avg
16.35
5Y Avg
15.30
Market Cap
$1.46B
Quick Ratio (Acid-Test)
2.12
TTM Avg
1.93
3Y Avg
1.59
5Y Avg
1.80
Market Cap
$1.04B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.88
3Y Avg
0.84
5Y Avg
0.94
Market Cap
$1.82B
Quick Ratio (Acid-Test)
0.37
TTM Avg
0.61
3Y Avg
1.08
5Y Avg
2.01
Market Cap
$881.99M
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.56
3Y Avg
0.66
5Y Avg
0.66
Market Cap
$844.61M
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.68
3Y Avg
1.68
5Y Avg
1.68
Market Cap
$785.55M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoals Technologies Group, Inc. (SHLS) | $1.42B | 1.12 | 1.34 | 1.54 | 1.63 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.40B | 13.85 | 15.75 | 16.35 | 15.30 |
| Natural Resource Partners L.P. (NRP)vs › | $1.46B | 2.12 | 1.93 | 1.59 | 1.80 |
| HighPeak Energy, Inc. (HPK)vs › | $1.04B | 0.85 | 0.88 | 0.84 | 0.94 |
| Nextdecade Corp (NEXT)vs › | $1.82B | 0.37 | 0.61 | 1.08 | 2.01 |
| Sunrun Inc. (RUN)vs › | $1.85B | 1.00 | 1.13 | 1.09 | 1.06 |
| ProFrac Holding Corp. (ACDC)vs › | $881.99M | 0.59 | 0.56 | 0.66 | 0.66 |
| HMH Holding Inc. Class A Common Stock (HMH)vs › | $844.61M | 1.82 | 1.68 | 1.68 | 1.68 |
| New Fortress Energy Inc. Series A Mandatorily Convertible Preferred Stock (NFEGP)vs › | $785.55M | N/A | N/A | N/A | N/A |
| Canadian Solar Inc. (CSIQ)vs › | $783.53M | 0.78 | 0.73 | 0.77 | 0.78 |
Quick Ratio
1.12
Excludes inventory
Current Ratio
2.25
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 | 1.12 |
| 2026-03-31 | 1.07 |
| 2025-12-31 | 1.32 |
| 2025-09-30 | 1.53 |
| 2025-06-30 | 1.64 |
| 2025-03-31 | 1.58 |
| 2024-12-31 | 1.64 |
| 2024-09-30 | 1.36 |
| 2024-06-30 | 1.50 |
| 2024-03-31 | 1.87 |
| 2023-12-31 | 1.88 |
| 2023-09-30 | 1.82 |
| 2023-06-30 | 1.71 |
| 2023-03-31 | 1.69 |
| 2022-12-31 | 1.53 |
| 2022-09-30 | 1.45 |
| 2022-06-30 | 1.66 |
| 2022-03-31 | 2.28 |
| 2021-12-31 | 1.75 |
| 2021-09-30 | 2.27 |
| 2021-06-30 | 2.58 |
| 2021-03-31 | 1.96 |
| 2020-12-31 | 1.70 |
| 2020-09-30 | 1.76 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 1.54 |
