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 12.73 is 80% below its 5-year average of 62.38, near the low end of its 5-year range (9.15–717.01).
As of the fiscal period ended Tuesday, June 30, 2026. 92.65% below its 12-month average of 173.09.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 12.73.
QUICK RATIO (ACID-TEST)
12.73
QUICK RATIO (ACID-TEST) AVG TTM
173.09
QUICK RATIO (ACID-TEST) AVG 3Y
65.35
QUICK RATIO (ACID-TEST) AVG 5Y
62.38
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
-92.65%
CURRENT VS 3Y AVG
-80.52%
CURRENT VS 5Y AVG
-79.60%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
1.22
median of 115 covered companies
CURRENT VS SECTOR MEDIAN
+943.27%
vs the sector median at left
Affirm Holdings, Inc.
Market Cap
$23.70B
Quick Ratio (Acid-Test)
12.73
TTM Avg
173.09
3Y Avg
65.35
5Y Avg
62.38
Market Cap
$23.97B
Quick Ratio (Acid-Test)
0.30
TTM Avg
4.22
3Y Avg
4.60
5Y Avg
172.74
Market Cap
$23.35B
Quick Ratio (Acid-Test)
3.72
TTM Avg
0.21
3Y Avg
0.21
5Y Avg
0.22
Market Cap
$23.13B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.29
3Y Avg
0.29
5Y Avg
0.32
Market Cap
$24.86B
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.30
3Y Avg
1.28
5Y Avg
1.30
Market Cap
$22.42B
Quick Ratio (Acid-Test)
2.18
TTM Avg
40.55
3Y Avg
23.13
5Y Avg
18.11
Market Cap
$25.31B
Quick Ratio (Acid-Test)
2.46
TTM Avg
2.02
3Y Avg
1.81
5Y Avg
1.74
Market Cap
$21.82B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.48
3Y Avg
3.87
5Y Avg
67.30
Market Cap
$21.76B
Quick Ratio (Acid-Test)
6.05
TTM Avg
4.49
3Y Avg
4.67
5Y Avg
4.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Affirm Holdings, Inc. (AFRM) | $23.70B | 12.73 | 173.09 | 65.35 | 62.38 |
| Principal Financial Group, Inc. (PFG)vs › | $23.97B | 0.30 | 4.22 | 4.60 | 172.74 |
| Synchrony Financial (SYF)vs › | $23.35B | 3.72 | 0.21 | 0.21 | 0.22 |
| Regions Financial Corporation (RF)vs › | $23.13B | 0.33 | 0.29 | 0.29 | 0.32 |
| Cincinnati Financial Corporation (CINF)vs › | $24.86B | 1.90 | 1.30 | 1.28 | 1.30 |
| T. Rowe Price Group, Inc. (TROW)vs › | $22.42B | 2.18 | 40.55 | 23.13 | 18.11 |
| LPL Financial Holdings Inc. (LPLA)vs › | $25.31B | 2.46 | 2.02 | 1.81 | 1.74 |
| Loews Corporation (L)vs › | $21.82B | 0.59 | 0.48 | 3.87 | 67.30 |
| Tradeweb Markets Inc. (TW)vs › | $21.76B | 6.05 | 4.49 | 4.67 | 4.66 |
| W. R. Berkley Corporation (WRB)vs › | $25.68B | 1.37 | 1.38 | 1.36 | 1.37 |
Quick Ratio
12.73
Excludes inventory
Current Ratio
12.73
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 | 12.73 |
| 2026-03-31 | 717.01 |
| 2025-12-31 | 66.90 |
| 2025-09-30 | 14.61 |
| 2025-06-30 | 54.19 |
| 2025-03-31 | 63.09 |
| 2024-12-31 | 60.66 |
| 2024-09-30 | 64.66 |
| 2024-06-30 | 65.70 |
| 2024-03-31 | 66.81 |
| 2023-12-31 | 57.22 |
| 2023-09-30 | 79.89 |
| 2023-06-30 | 74.34 |
| 2023-03-31 | 74.04 |
| 2022-12-31 | 69.56 |
| 2022-09-30 | 57.61 |
| 2022-06-30 | 53.02 |
| 2022-03-31 | 60.51 |
| 2021-12-31 | 56.37 |
| 2021-09-30 | 9.15 |
| 2021-06-30 | 35.83 |
| 2021-03-31 | 59.48 |
| 2020-12-31 | 9.81 |
| 2020-09-30 | 16.12 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
