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 4.28 is 22% below its 5-year average of 5.50, around the middle of its 5-year range (0.99–9.76).
As of the fiscal period ended Tuesday, September 30, 2025. 3.19% above its 12-month average of 4.15.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.28
QUICK RATIO (ACID-TEST) AVG TTM
4.15
QUICK RATIO (ACID-TEST) AVG 3Y
4.41
QUICK RATIO (ACID-TEST) AVG 5Y
5.50
QUICK RATIO (ACID-TEST) AVG 10Y
3.20
QUICK RATIO (ACID-TEST) AVG 15Y
2.08
QUICK RATIO (ACID-TEST) AVG 20Y
0.68
CURRENT VS TTM AVG
+3.19%
CURRENT VS 3Y AVG
-2.83%
CURRENT VS 5Y AVG
-22.15%
CURRENT VS 10Y AVG
+33.99%
CURRENT VS 15Y AVG
+105.90%
CURRENT VS 20Y AVG
+531.15%
SECTOR MEDIAN · ENERGY
0.99
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
+332.45%
vs the sector median at left
Emeren Group, Ltd.
Market Cap
$995.64M
Quick Ratio (Acid-Test)
4.28
TTM Avg
4.15
3Y Avg
4.41
5Y Avg
5.50
Market Cap
$754.52M
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.86
3Y Avg
1.76
5Y Avg
1.76
Market Cap
$1.29B
Quick Ratio (Acid-Test)
15.54
TTM Avg
15.75
3Y Avg
16.35
5Y Avg
15.30
Market Cap
$412.89M
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.55
3Y Avg
0.55
5Y Avg
0.53
Market Cap
$213.65M
Quick Ratio (Acid-Test)
7.64
TTM Avg
4.92
3Y Avg
4.41
5Y Avg
4.55
Market Cap
$2.50B
Quick Ratio (Acid-Test)
1.48
TTM Avg
1.41
3Y Avg
1.83
5Y Avg
2.17
Market Cap
$3.12B
Quick Ratio (Acid-Test)
4.83
TTM Avg
3.55
3Y Avg
2.19
5Y Avg
1.77
Market Cap
$3.34B
Quick Ratio (Acid-Test)
1.40
TTM Avg
1.90
3Y Avg
2.06
5Y Avg
2.32
Market Cap
$4.49B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.87
3Y Avg
1.01
5Y Avg
0.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Emeren Group, Ltd. (SOL) | $995.64M | 4.28 | 4.15 | 4.41 | 5.50 |
| Array Technologies, Inc. (ARRY)vs › | $754.52M | 1.91 | 1.86 | 1.76 | 1.76 |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.29B | 15.54 | 15.75 | 16.35 | 15.30 |
| Star Group, L.P. (SGU)vs › | $412.89M | 0.46 | 0.55 | 0.55 | 0.53 |
| enCore Energy Corp. (EU)vs › | $213.65M | 7.64 | 4.92 | 4.41 | 4.55 |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.50B | 1.48 | 1.41 | 1.83 | 2.17 |
| Centrus Energy Corp. (LEU)vs › | $3.12B | 4.83 | 3.55 | 2.19 | 1.77 |
| Helmerich & Payne, Inc. (HP)vs › | $3.34B | 1.40 | 1.90 | 2.06 | 2.32 |
| California Resources Corp (CRC)vs › | $4.49B | 0.79 | 0.87 | 1.01 | 0.90 |
| Enphase Energy, Inc. (ENPH)vs › | $4.77B | 1.84 | 2.56 | 3.15 | 2.91 |
Quick Ratio
4.28
Excludes inventory
Current Ratio
3.87
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) |
|---|---|
| 2025-09-30 | 4.28 |
| 2025-06-30 | 4.24 |
| 2025-03-31 | 4.03 |
| 2024-12-31 | 3.86 |
| 2024-09-30 | 4.34 |
| 2024-06-30 | 4.27 |
| 2024-03-31 | 3.80 |
| 2023-12-31 | 3.97 |
| 2023-09-30 | 5.35 |
| 2023-06-30 | 5.43 |
| 2023-03-31 | 4.81 |
| 2022-12-31 | 4.50 |
| 2022-09-30 | 6.22 |
| 2022-06-30 | 9.09 |
| 2022-03-31 | 9.09 |
| 2021-12-31 | 9.11 |
| 2021-09-30 | 9.62 |
| 2021-06-30 | 9.76 |
| 2021-03-31 | 7.19 |
| 2020-12-31 | 1.55 |
| 2020-09-30 | 0.99 |
| 2020-06-30 | 0.65 |
| 2020-03-31 | 0.94 |
| 2019-12-31 | 0.94 |
| 2019-09-30 | 0.94 |
| 2019-06-30 | 0.85 |
| 2019-03-31 | 0.81 |
| 2018-12-31 | 0.99 |
| 2018-09-30 | 1.48 |
| 2018-06-30 | 1.64 |
| 2018-03-31 | 1.02 |
| 2017-12-31 | 1.17 |
| 2017-09-30 | 0.81 |
| 2017-06-30 | 0.42 |
| 2017-03-31 | 0.40 |
| 2016-12-31 | 0.40 |
| 2016-09-30 | 0.40 |
| 2016-06-30 | 0.43 |
| 2016-03-31 | 0.42 |
| 2015-12-31 | 0.40 |
| 2015-09-30 | 0.40 |
| 2015-06-30 | 0.36 |
| 2015-03-31 | 0.40 |
| 2014-12-31 | 0.38 |
| 2014-09-30 | 0.38 |
| 2014-06-30 | 0.40 |
| 2014-03-31 | 0.40 |
| 2013-12-31 | 0.49 |
| 2013-09-30 | 0.51 |
| 2013-06-30 | 0.47 |
| 2013-03-31 | 0.49 |
| 2012-12-31 | 0.43 |
| 2012-09-30 | 0.50 |
| 2012-06-30 | 0.59 |
| 2012-03-31 | 0.64 |
| 2011-12-31 | 0.69 |
| 2011-09-30 | 0.77 |
| 2011-06-30 | 0.91 |
| 2011-03-31 | 0.89 |
| 2010-12-31 | 0.68 |
| 2010-09-30 | 0.71 |
| 2010-06-30 | 0.64 |
| 2010-03-31 | 0.58 |
| 2009-12-31 | 0.56 |
| 2009-09-30 | 0.62 |
| 2009-06-30 | 0.69 |
| 2009-03-31 | 0.87 |
| 2008-12-31 | 0.74 |
| 2008-09-30 | 0.75 |
| 2008-06-30 | 1.57 |
| 2008-03-31 | 1.15 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 1.18 |
| 2007-06-30 | 1.42 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.80 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
