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 1.44 is 22% above its 5-year average of 1.18, near the high end of its 5-year range (0.82–1.59).
As of the fiscal period ended Tuesday, June 30, 2026. 5.56% above its 12-month average of 1.36.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.44.
QUICK RATIO (ACID-TEST)
1.44
QUICK RATIO (ACID-TEST) AVG TTM
1.36
QUICK RATIO (ACID-TEST) AVG 3Y
1.10
QUICK RATIO (ACID-TEST) AVG 5Y
1.18
QUICK RATIO (ACID-TEST) AVG 10Y
1.33
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.56%
CURRENT VS 3Y AVG
+30.12%
CURRENT VS 5Y AVG
+21.53%
CURRENT VS 10Y AVG
+8.42%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-57.11%
vs the sector median at left
Amneal Pharmaceuticals, Inc.
Market Cap
$6.51B
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.36
3Y Avg
1.10
5Y Avg
1.18
Market Cap
$6.52B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.56
3Y Avg
2.48
5Y Avg
3.39
Market Cap
$6.51B
Quick Ratio (Acid-Test)
2.89
TTM Avg
3.87
3Y Avg
3.94
5Y Avg
3.31
Market Cap
$6.55B
Quick Ratio (Acid-Test)
7.27
TTM Avg
10.13
3Y Avg
10.82
5Y Avg
12.77
Market Cap
$6.66B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.19
3Y Avg
1.21
5Y Avg
1.11
Market Cap
$6.22B
Quick Ratio (Acid-Test)
3.20
TTM Avg
3.62
3Y Avg
5.38
5Y Avg
6.45
Market Cap
$5.96B
Quick Ratio (Acid-Test)
2.49
TTM Avg
5.72
3Y Avg
6.91
5Y Avg
11.65
Market Cap
$5.95B
Quick Ratio (Acid-Test)
30.96
TTM Avg
15.27
3Y Avg
11.45
5Y Avg
10.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amneal Pharmaceuticals, Inc. (AMRX) | $6.51B | 1.44 | 1.36 | 1.10 | 1.18 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.52B | 0.87 | 1.56 | 2.48 | 3.39 |
| Lantheus Holdings, Inc. (LNTH)vs › | $6.51B | 2.89 | 3.87 | 3.94 | 3.31 |
| Immunovant, Inc. (IMVT)vs › | $6.55B | 7.27 | 10.13 | 10.82 | 12.77 |
| Chemed Corporation (CHE)vs › | $6.66B | 0.89 | 1.19 | 1.21 | 1.11 |
| Rhythm Pharmaceuticals, Inc. (RYTM)vs › | $6.22B | 3.20 | 3.62 | 5.38 | 6.45 |
| Alkermes plc (ALKS)vs › | $7.02B | 1.85 | 2.92 | 2.56 | 2.40 |
| Kodiak Sciences Inc. (KOD)vs › | $5.96B | 2.49 | 5.72 | 6.91 | 11.65 |
| Ligand Pharmaceuticals Incorporated (LGND)vs › | $5.95B | 30.96 | 15.27 | 11.45 | 10.17 |
| GRAIL Inc. (GRAL)vs › | $5.93B | 10.74 | 11.09 | 6.26 | 5.77 |
Quick Ratio
1.44
Excludes inventory
Current Ratio
2.20
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 | 1.44 |
| 2026-03-31 | 1.59 |
| 2025-12-31 | 1.48 |
| 2025-09-30 | 1.42 |
| 2025-06-30 | 0.88 |
| 2025-03-31 | 0.84 |
| 2024-12-31 | 0.86 |
| 2024-09-30 | 0.84 |
| 2024-06-30 | 0.82 |
| 2024-03-31 | 0.97 |
| 2023-12-31 | 0.94 |
| 2023-09-30 | 1.16 |
| 2023-06-30 | 1.12 |
| 2023-03-31 | 1.11 |
| 2022-12-31 | 1.17 |
| 2022-09-30 | 1.07 |
| 2022-06-30 | 1.03 |
| 2022-03-31 | 1.46 |
| 2021-12-31 | 1.52 |
| 2021-09-30 | 1.57 |
| 2021-06-30 | 1.55 |
| 2021-03-31 | 1.67 |
| 2020-12-31 | 1.57 |
| 2020-09-30 | 1.60 |
| 2020-06-30 | 1.58 |
| 2020-03-31 | 1.38 |
| 2019-12-31 | 1.51 |
| 2019-09-30 | 1.50 |
| 2019-06-30 | 1.41 |
| 2019-03-31 | 1.37 |
| 2018-12-31 | 1.50 |
| 2018-09-30 | 1.26 |
| 2018-06-30 | 1.25 |
| 2018-03-31 | -0.89 |
| 2017-12-31 | 1.64 |
| 2017-09-30 | 1.60 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 2.04 |