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 4.01 is 159% above its 5-year average of 1.55, around the middle of its 5-year range (0.05–5.93).
As of the fiscal period ended Sunday, May 31, 2026. 58.64% above its 12-month average of 2.53.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.01
QUICK RATIO (ACID-TEST) AVG TTM
2.53
QUICK RATIO (ACID-TEST) AVG 3Y
0.48
QUICK RATIO (ACID-TEST) AVG 5Y
1.33
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
+58.64%
CURRENT VS 3Y AVG
+739.94%
CURRENT VS 5Y AVG
+202.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+153.79%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.83B
Quick Ratio (Acid-Test)
4.01
TTM Avg
2.53
3Y Avg
0.48
5Y Avg
1.33
Market Cap
$7.88B
Quick Ratio (Acid-Test)
1.84
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
Market Cap
$7.57B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.58
3Y Avg
1.27
5Y Avg
1.16
Market Cap
$8.28B
Quick Ratio (Acid-Test)
3.60
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
Market Cap
$8.48B
Quick Ratio (Acid-Test)
1.61
TTM Avg
1.74
3Y Avg
1.77
5Y Avg
1.73
Market Cap
$8.51B
Quick Ratio (Acid-Test)
1.54
TTM Avg
2.26
3Y Avg
2.49
5Y Avg
2.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corp. (APLD) | $7.83B | 4.01 | 2.53 | 0.48 | 1.33 |
| InterDigital, Inc. (IDCC)vs › | $7.88B | 1.84 | 1.77 | 2.46 | 2.69 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $7.57B | 1.91 | 1.58 | 1.27 | 1.16 |
| FormFactor, Inc. (FORM)vs › | $8.28B | 3.60 | 3.71 | 3.32 | 3.10 |
| The Trade Desk, Inc. (TTD)vs › | $8.48B | 1.61 | 1.74 | 1.77 | 1.73 |
| Silicon Motion Technology Corporation (SIMO)vs › | $8.51B | 1.54 | 2.26 | 2.49 | 2.58 |
| TeraWulf Inc. (WULF)vs › | $8.75B | 2.00 | 3.71 | 1.98 | 2.18 |
| UiPath Inc. (PATH)vs › | $6.79B | 2.48 | 2.71 | 3.20 | 3.19 |
| Plexus Corp. (PLXS)vs › | $6.72B | 0.77 | 0.74 | 0.67 | 0.76 |
| Paycom Software, Inc. (PAYC)vs › | $8.95B | 1.09 | 1.10 | 1.11 | 1.11 |
Quick Ratio
4.01
Excludes inventory
Current Ratio
0.00
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) |
|---|---|
| 2026-05-31 | 4.01 |
| 2026-02-28 | 2.38 |
| 2025-11-30 | 4.82 |
| 2025-08-31 | 0.65 |
| 2025-05-31 | 0.77 |
| 2025-02-28 | 0.70 |
| 2024-11-30 | 0.77 |
| 2024-08-31 | 0.22 |
| 2024-05-31 | 0.73 |
| 2024-02-29 | 0.30 |
| 2023-11-30 | 0.18 |
| 2023-08-31 | 0.05 |
| 2023-05-31 | 0.40 |
| 2023-02-28 | 0.22 |
| 2022-11-30 | 0.30 |
| 2022-08-31 | 0.72 |
| 2022-05-31 | 1.39 |
| 2022-02-28 | 0.82 |
| 2021-11-30 | 2.40 |
| 2021-08-31 | 5.93 |
| 2021-05-31 | 4.70 |
| 2021-02-28 | 0.00 |
| 2020-11-30 | 0.00 |
| 2020-08-31 | 0.00 |