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 0.34 is 55% below its 5-year average of 0.75, near the low end of its 5-year range (0.06–1.99).
As of the fiscal period ended Tuesday, June 30, 2026. 2.51% above its 12-month average of 0.33.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.34.
QUICK RATIO (ACID-TEST)
0.34
QUICK RATIO (ACID-TEST) AVG TTM
0.33
QUICK RATIO (ACID-TEST) AVG 3Y
0.31
QUICK RATIO (ACID-TEST) AVG 5Y
0.75
QUICK RATIO (ACID-TEST) AVG 10Y
1.07
QUICK RATIO (ACID-TEST) AVG 15Y
2.04
QUICK RATIO (ACID-TEST) AVG 20Y
2.62
CURRENT VS TTM AVG
+2.51%
CURRENT VS 3Y AVG
+8.56%
CURRENT VS 5Y AVG
-54.69%
CURRENT VS 10Y AVG
-68.15%
CURRENT VS 15Y AVG
-83.37%
CURRENT VS 20Y AVG
-87.02%
SECTOR MEDIAN · HEALTHCARE
2.79
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
-87.84%
vs the sector median at left
Market Cap
$366.39M
Quick Ratio (Acid-Test)
3.76
TTM Avg
4.71
3Y Avg
6.65
5Y Avg
8.92
Market Cap
$368.91M
Quick Ratio (Acid-Test)
5.66
TTM Avg
6.21
3Y Avg
5.34
5Y Avg
8.05
Market Cap
$373.40M
Quick Ratio (Acid-Test)
2.39
TTM Avg
2.24
3Y Avg
1.74
5Y Avg
3.80
Market Cap
$348.85M
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.66
3Y Avg
1.70
5Y Avg
1.47
Market Cap
$348.59M
Quick Ratio (Acid-Test)
24.16
TTM Avg
12.00
3Y Avg
8.65
5Y Avg
7.93
Market Cap
$345.48M
Quick Ratio (Acid-Test)
3.87
TTM Avg
3.84
3Y Avg
4.42
5Y Avg
6.10
Market Cap
$339.15M
Quick Ratio (Acid-Test)
5.79
TTM Avg
4.46
3Y Avg
8.92
5Y Avg
12.08
Market Cap
$330.60M
Quick Ratio (Acid-Test)
5.45
TTM Avg
6.76
3Y Avg
6.92
5Y Avg
7.12
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agenus Inc. (AGEN) | $363.54M | 0.34 | 0.33 | 0.31 | 0.75 |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $366.39M | 3.76 | 4.71 | 6.65 | 8.92 |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $368.91M | 5.66 | 6.21 | 5.34 | 8.05 |
| Canopy Growth Corporation (CGC)vs › | $373.40M | 2.39 | 2.24 | 1.74 | 3.80 |
| Embecta Corp. (EMBC)vs › | $348.85M | 1.68 | 1.66 | 1.70 | 1.47 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $348.59M | 24.16 | 12.00 | 8.65 | 7.93 |
| ClearPoint Neuro, Inc. (CLPT)vs › | $345.48M | 3.87 | 3.84 | 4.42 | 6.10 |
| Cabaletta Bio, Inc. (CABA)vs › | $339.15M | 5.79 | 4.46 | 8.92 | 12.08 |
| C4 Therapeutics, Inc. (CCCC)vs › | $330.60M | 5.45 | 6.76 | 6.92 | 7.12 |
| CapsoVision, Inc. (CV)vs › | $329.01M | 2.44 | 4.94 | 7.05 | 7.05 |
Quick Ratio
0.34
Excludes inventory
Current Ratio
0.34
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 | 0.34 |
| 2026-03-31 | 0.38 |
| 2025-12-31 | 0.41 |
| 2025-09-30 | 0.47 |
| 2025-06-30 | 0.06 |
| 2025-03-31 | 0.11 |
| 2024-12-31 | 0.21 |
| 2024-09-30 | 0.19 |
| 2024-06-30 | 0.37 |
| 2024-03-31 | 0.24 |
| 2023-12-31 | 0.44 |
| 2023-09-30 | 0.55 |
| 2023-06-30 | 0.79 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.05 |
| 2022-09-30 | 1.33 |
| 2022-06-30 | 1.63 |
| 2022-03-31 | 1.65 |
| 2021-12-31 | 1.99 |
| 2021-09-30 | 1.93 |
| 2021-06-30 | 0.55 |
| 2021-03-31 | 0.98 |
| 2020-12-31 | 0.88 |
| 2020-09-30 | 0.85 |
| 2020-06-30 | 0.74 |
| 2020-03-31 | 0.81 |
| 2019-12-31 | 0.65 |
| 2019-09-30 | 0.81 |
| 2019-06-30 | 1.14 |
| 2019-03-31 | 1.70 |
| 2018-12-31 | 1.10 |
| 2018-09-30 | 1.16 |
| 2018-06-30 | 1.32 |
| 2018-03-31 | 2.16 |
| 2017-12-31 | 1.30 |
| 2017-09-30 | 1.55 |
| 2017-06-30 | 3.36 |
| 2017-03-31 | 3.79 |
| 2016-12-31 | 2.23 |
| 2016-09-30 | 3.14 |
| 2016-06-30 | 4.11 |
| 2016-03-31 | 5.17 |
| 2015-12-31 | 6.36 |
| 2015-09-30 | 7.38 |
| 2015-06-30 | 5.77 |
| 2015-03-31 | 4.05 |
| 2014-12-31 | 4.61 |
| 2014-09-30 | 3.53 |
| 2014-06-30 | 3.60 |
| 2014-03-31 | 5.24 |
| 2013-12-31 | 2.67 |
| 2013-09-30 | 3.20 |
| 2013-06-30 | 2.01 |
| 2013-03-31 | 3.17 |
| 2012-12-31 | 4.70 |
| 2012-09-30 | 0.55 |
| 2012-06-30 | 5.77 |
| 2012-03-31 | 4.71 |
| 2011-12-31 | 2.52 |
| 2011-09-30 | 2.72 |
| 2011-06-30 | 2.76 |
| 2011-03-31 | 3.03 |
| 2010-12-31 | 3.85 |
| 2010-09-30 | 0.64 |
| 2010-06-30 | 6.23 |
| 2010-03-31 | 4.56 |
| 2009-12-31 | 5.83 |
| 2009-09-30 | 5.81 |
| 2009-06-30 | 3.47 |
| 2009-03-31 | 4.32 |
| 2008-12-31 | 5.04 |
| 2008-09-30 | 4.64 |
| 2008-06-30 | 5.94 |
| 2008-03-31 | 4.73 |
| 2007-12-31 | 2.42 |
| 2007-09-30 | 3.18 |
| 2007-06-30 | 3.70 |
| 2007-03-31 | 4.98 |
| 2006-12-31 | 4.61 |
| 2006-09-30 | 2.49 |
| 2006-06-30 | 2.65 |
| 2006-03-31 | 3.28 |
| 2005-12-31 | 3.48 |
| 2005-09-30 | 4.51 |
| 2005-06-30 | 4.91 |
| 2005-03-31 | 6.82 |
| 2004-12-31 | 4.81 |
| 2004-09-30 | 5.61 |
| 2004-06-30 | 6.88 |
| 2004-03-31 | 4.96 |
| 2003-12-31 | 4.18 |
| 2003-09-30 | 5.43 |
| 2003-06-30 | 7.63 |
| 2003-03-31 | 11.30 |
| 2002-12-31 | 6.26 |
| 2002-09-30 | 7.72 |