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 1.96 is in line with its 5-year average of 1.82, near the high end of its 5-year range (1.56–2.09).
As of the fiscal period ended Saturday, March 28, 2026. 3.80% above its 12-month average of 1.89.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.96
QUICK RATIO (ACID-TEST) AVG TTM
1.89
QUICK RATIO (ACID-TEST) AVG 3Y
1.83
QUICK RATIO (ACID-TEST) AVG 5Y
1.82
QUICK RATIO (ACID-TEST) AVG 10Y
1.63
QUICK RATIO (ACID-TEST) AVG 15Y
1.54
QUICK RATIO (ACID-TEST) AVG 20Y
1.50
CURRENT VS TTM AVG
+3.80%
CURRENT VS 3Y AVG
+7.21%
CURRENT VS 5Y AVG
+7.48%
CURRENT VS 10Y AVG
+19.96%
CURRENT VS 15Y AVG
+27.62%
CURRENT VS 20Y AVG
+30.65%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+24.00%
vs the sector median at left
Advanced Micro Devices, Inc.
Market Cap
$776.41B
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.89
3Y Avg
1.83
5Y Avg
1.82
Market Cap
$627.85B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.87
3Y Avg
0.88
5Y Avg
1.04
Market Cap
$929.52B
Quick Ratio (Acid-Test)
1.79
TTM Avg
1.73
3Y Avg
2.04
5Y Avg
2.07
Market Cap
$457.17B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.87
3Y Avg
1.08
5Y Avg
1.15
Market Cap
$403.07B
Quick Ratio (Acid-Test)
1.87
TTM Avg
1.87
3Y Avg
1.73
5Y Avg
1.75
Market Cap
$374.12B
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.94
3Y Avg
0.87
5Y Avg
1.23
Market Cap
$366.44B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.73
3Y Avg
1.82
5Y Avg
1.86
Market Cap
$282.55B
Quick Ratio (Acid-Test)
7.11
TTM Avg
6.54
3Y Avg
5.95
5Y Avg
5.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Micro Devices, Inc. (AMD) | $776.41B | 1.96 | 1.89 | 1.83 | 1.82 |
| ASML Holding N.V. (ASML)vs › | $627.85B | 0.79 | 0.87 | 0.88 | 1.04 |
| Micron Technology, Inc. (MU)vs › | $929.52B | 1.79 | 1.73 | 2.04 | 2.07 |
| Cisco Systems, Inc. (CSCO)vs › | $457.17B | 0.91 | 0.87 | 1.08 | 1.15 |
| Intel Corp. (INTC)vs › | $454.97B | 1.65 | 1.31 | 1.23 | 1.34 |
| Applied Materials, Inc. (AMAT)vs › | $403.07B | 1.87 | 1.87 | 1.73 | 1.75 |
| Oracle Corporation (ORCL)vs › | $374.12B | 1.12 | 0.94 | 0.87 | 1.23 |
| Lam Research Corporation (LRCX)vs › | $366.44B | 1.91 | 1.73 | 1.82 | 1.86 |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | 7.11 | 6.54 | 5.95 | 5.31 |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 0.89 | 0.89 | 0.83 | 1.02 |
Quick Ratio
1.96
Excludes inventory
Current Ratio
2.85
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) |
|---|---|
| 2026-03-28 | 1.96 |
| 2025-12-27 | 2.01 |
| 2025-09-27 | 1.68 |
| 2025-06-28 | 1.81 |
| 2025-03-29 | 1.97 |
| 2024-12-28 | 1.83 |
| 2024-09-28 | 1.78 |
| 2024-06-29 | 2.01 |
| 2024-03-30 | 1.92 |
| 2023-12-30 | 1.86 |
| 2023-09-30 | 1.61 |
| 2023-07-01 | 1.58 |
| 2023-04-01 | 1.74 |
| 2022-12-31 | 1.77 |
| 2022-09-24 | 1.65 |
| 2022-06-25 | 1.96 |
| 2022-03-26 | 1.96 |
| 2021-12-25 | 1.56 |
| 2021-09-25 | 1.71 |
| 2021-06-26 | 2.09 |
| 2021-03-27 | 1.94 |
| 2020-12-26 | 1.96 |
| 2020-09-26 | 1.74 |
| 2020-06-27 | 1.56 |
| 2020-03-28 | 1.68 |
| 2019-12-28 | 1.53 |
| 2019-09-28 | 1.54 |
| 2019-06-29 | 1.52 |
| 2019-03-30 | 1.54 |
| 2018-12-29 | 1.36 |
| 2018-09-29 | 1.37 |
| 2018-06-30 | 1.26 |
| 2018-03-31 | 1.20 |
| 2017-12-30 | 1.28 |
| 2017-09-30 | 1.20 |
| 2017-07-01 | 1.16 |
| 2017-04-01 | 1.21 |
| 2016-12-31 | 1.32 |
| 2016-09-24 | 1.39 |
| 2016-06-25 | 1.12 |
| 2016-03-26 | 1.17 |
| 2015-12-26 | 1.17 |
| 2015-09-26 | 1.18 |
| 2015-06-27 | 1.18 |
| 2015-03-28 | 1.40 |
| 2014-12-27 | 1.42 |
| 2014-09-27 | 1.36 |
| 2014-06-28 | 1.31 |
| 2014-03-29 | 1.32 |
| 2013-12-28 | 1.24 |
| 2013-09-28 | 1.14 |
| 2013-06-29 | 1.20 |
| 2013-03-31 | 1.31 |
| 2012-12-29 | 1.22 |
| 2012-09-29 | 1.33 |
| 2012-06-30 | 1.02 |
| 2012-03-31 | 1.11 |
| 2011-12-31 | 1.55 |
| 2011-10-01 | 1.55 |
| 2011-07-02 | 2.13 |
| 2011-04-02 | 2.01 |
| 2010-12-25 | 1.77 |
| 2010-09-25 | 1.56 |
| 2010-06-26 | 1.68 |
| 2010-03-27 | 1.67 |
| 2009-12-26 | 1.68 |
| 2009-09-26 | 1.64 |
| 2009-06-27 | 1.59 |
| 2009-03-28 | 1.65 |
| 2008-12-27 | 0.77 |
| 2008-09-27 | 1.03 |
| 2008-06-28 | 1.07 |
| 2008-03-29 | 1.00 |
| 2007-12-29 | 1.43 |
| 2007-09-29 | 1.00 |
| 2007-06-30 | 1.09 |
| 2007-03-31 | 0.77 |
| 2006-12-31 | 1.10 |
| 2006-10-01 | 1.82 |
| 2006-07-02 | 2.00 |
| 2006-03-26 | 1.99 |
| 2005-12-25 | 1.74 |
| 2005-09-25 | 1.14 |
| 2005-06-26 | 1.17 |
| 2005-03-27 | 1.20 |
| 2004-12-26 | 1.27 |
| 2004-09-26 | 1.42 |
| 2004-06-27 | 1.42 |
| 2004-03-28 | 1.52 |
| 2003-12-28 | 1.53 |
| 2003-09-28 | 1.44 |
| 2003-06-29 | 1.17 |
| 2003-03-30 | 1.07 |
| 2002-12-29 | 1.33 |
| 2002-09-29 | 1.33 |
| 2002-06-30 | 1.74 |
