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 6.71 is 38% below its 5-year average of 10.83, near the low end of its 5-year range (5.62–27.07).
As of the fiscal period ended Tuesday, June 30, 2026. 4.00% below its 12-month average of 6.99.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.71.
QUICK RATIO (ACID-TEST)
6.71
QUICK RATIO (ACID-TEST) AVG TTM
6.99
QUICK RATIO (ACID-TEST) AVG 3Y
9.25
QUICK RATIO (ACID-TEST) AVG 5Y
10.83
QUICK RATIO (ACID-TEST) AVG 10Y
9.56
QUICK RATIO (ACID-TEST) AVG 15Y
6.88
QUICK RATIO (ACID-TEST) AVG 20Y
5.89
CURRENT VS TTM AVG
-4.00%
CURRENT VS 3Y AVG
-27.44%
CURRENT VS 5Y AVG
-38.08%
CURRENT VS 10Y AVG
-29.86%
CURRENT VS 15Y AVG
-2.45%
CURRENT VS 20Y AVG
+13.96%
SECTOR MEDIAN · HEALTHCARE
3.30
median of 822 covered companies
CURRENT VS SECTOR MEDIAN
+103.29%
vs the sector median at left
Adicet Bio, Inc.
Market Cap
$59.64M
Quick Ratio (Acid-Test)
6.71
TTM Avg
6.99
3Y Avg
9.25
5Y Avg
10.83
Market Cap
$59.76M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.97
3Y Avg
5.50
5Y Avg
8.52
Market Cap
$58.29M
Quick Ratio (Acid-Test)
1.23
TTM Avg
0.89
3Y Avg
0.93
5Y Avg
1.06
Market Cap
$59.19M
Quick Ratio (Acid-Test)
2.37
TTM Avg
7.60
3Y Avg
7.51
5Y Avg
12.19
Market Cap
$61.35M
Quick Ratio (Acid-Test)
4.25
TTM Avg
2.40
3Y Avg
3.43
5Y Avg
5.08
Market Cap
$61.08M
Quick Ratio (Acid-Test)
3.15
TTM Avg
4.21
3Y Avg
4.66
5Y Avg
4.26
Market Cap
$61.17M
Quick Ratio (Acid-Test)
10.98
TTM Avg
17.43
3Y Avg
9.10
5Y Avg
12.08
Market Cap
$58.43M
Quick Ratio (Acid-Test)
9.48
TTM Avg
13.86
3Y Avg
12.45
5Y Avg
13.81
Market Cap
$57.09M
Quick Ratio (Acid-Test)
4.29
TTM Avg
4.53
3Y Avg
3.33
5Y Avg
3.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Adicet Bio, Inc. (ACET) | $59.64M | 6.71 | 6.99 | 9.25 | 10.83 |
| Oncolytics Biotech Inc. (ONCY)vs › | $59.76M | 1.35 | 1.97 | 5.50 | 8.52 |
| MiNK Therapeutics, Inc. (INKT)vs › | $58.29M | 1.23 | 0.89 | 0.93 | 1.06 |
| Connect Biopharma Holdings Limited (CNTB)vs › | $59.19M | 2.37 | 7.60 | 7.51 | 12.19 |
| Xilio Therapeutics, Inc. (XLO)vs › | $61.35M | 4.25 | 2.40 | 3.43 | 5.08 |
| Fractyl Health, Inc. (GUTS)vs › | $61.08M | 3.15 | 4.21 | 4.66 | 4.26 |
| Kalaris Therapeutics Inc (KLRS)vs › | $61.17M | 10.98 | 17.43 | 9.10 | 12.08 |
| Boundless Bio, Inc. (BOLD)vs › | $58.43M | 9.48 | 13.86 | 12.45 | 13.81 |
| Talphera, Inc. (TLPH)vs › | $57.09M | 4.29 | 4.53 | 3.33 | 3.09 |
| InterCure Ltd. (INCR)vs › | $65.15M | 0.97 | 1.07 | 1.19 | 1.33 |
Quick Ratio
6.71
Excludes inventory
Current Ratio
6.71
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 | 6.71 |
| 2026-03-31 | 7.65 |
| 2025-12-31 | 7.47 |
| 2025-09-30 | 5.62 |
| 2025-06-30 | 7.48 |
| 2025-03-31 | 9.34 |
| 2024-12-31 | 9.29 |
| 2024-09-30 | 10.64 |
| 2024-06-30 | 12.75 |
| 2024-03-31 | 14.34 |
| 2023-12-31 | 8.41 |
| 2023-09-30 | 9.40 |
| 2023-06-30 | 11.08 |
| 2023-03-31 | 12.98 |
| 2022-12-31 | 13.25 |
| 2022-09-30 | 16.59 |
| 2022-06-30 | 16.10 |
| 2022-03-31 | 27.07 |
| 2021-12-31 | 17.31 |
| 2021-09-30 | 9.94 |
| 2021-06-30 | 10.33 |
| 2021-03-31 | 9.10 |
| 2020-12-31 | 4.46 |
| 2020-09-30 | 3.90 |
| 2020-06-30 | 20.69 |
| 2020-03-31 | 30.25 |
| 2019-12-31 | 4.32 |
| 2019-09-30 | 9.95 |
| 2019-06-30 | 14.02 |
| 2019-03-31 | 5.35 |
| 2018-12-31 | 19.16 |
| 2018-09-30 | 14.51 |
| 2018-06-30 | 11.08 |
| 2018-03-31 | 20.02 |
| 2017-12-31 | 10.02 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 1.50 |
| 2017-03-31 | 1.47 |
| 2016-12-31 | 1.52 |
| 2016-09-30 | 2.70 |
| 2016-06-30 | 2.57 |
| 2016-03-31 | 2.27 |
| 2015-12-31 | 2.18 |
| 2015-09-30 | 2.06 |
| 2015-06-30 | 1.72 |
| 2015-03-31 | 1.55 |
| 2014-12-31 | 1.57 |
| 2014-09-30 | 1.62 |
| 2014-06-30 | 1.48 |
| 2014-03-31 | 1.47 |
| 2013-12-31 | 1.57 |
| 2013-09-30 | 1.58 |
| 2013-06-30 | 1.50 |
| 2013-03-31 | 1.56 |
| 2012-12-31 | 1.43 |
| 2012-09-30 | 1.61 |
| 2012-06-30 | 1.46 |
| 2012-03-31 | 1.49 |
| 2011-12-31 | 1.50 |
| 2011-09-30 | 1.63 |
| 2011-06-30 | 1.46 |
| 2011-03-31 | 1.42 |
| 2010-12-31 | 1.21 |
| 2010-09-30 | 1.80 |
| 2010-06-30 | 1.62 |
| 2010-03-31 | 1.75 |
| 2009-12-31 | 1.90 |
| 2009-09-30 | 2.71 |
| 2009-06-30 | 2.50 |
| 2009-03-31 | 2.53 |
| 2008-12-31 | 2.00 |
| 2008-09-30 | 2.20 |
| 2008-06-30 | 1.89 |
| 2008-03-31 | 2.13 |
| 2007-12-31 | 1.97 |
| 2007-09-30 | 2.24 |
