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 4.30 is 56% above its 5-year average of 2.76, near the high end of its 5-year range (1.61–5.05).
As of the fiscal period ended Tuesday, June 30, 2026. 27.59% above its 12-month average of 3.37.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.30.
QUICK RATIO (ACID-TEST)
4.30
QUICK RATIO (ACID-TEST) AVG TTM
3.37
QUICK RATIO (ACID-TEST) AVG 3Y
2.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.76
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
+27.59%
CURRENT VS 3Y AVG
+65.88%
CURRENT VS 5Y AVG
+55.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+170.46%
vs the sector median at left
AppLovin Corporation
Market Cap
$105.90B
Quick Ratio (Acid-Test)
4.30
TTM Avg
3.37
3Y Avg
2.59
5Y Avg
2.76
Market Cap
$105.40B
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
Market Cap
$96.59B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.96
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$116.05B
Quick Ratio (Acid-Test)
0.94
TTM Avg
1.52
3Y Avg
1.85
5Y Avg
2.69
Market Cap
$125.10B
Quick Ratio (Acid-Test)
1.82
TTM Avg
2.42
3Y Avg
3.27
5Y Avg
4.64
Market Cap
$85.12B
Quick Ratio (Acid-Test)
1.53
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $105.90B | 4.30 | 3.37 | 2.59 | 2.76 |
| Automatic Data Processing, Inc. (ADP)vs › | $105.40B | 0.17 | 0.61 | 0.80 | 0.88 |
| Accenture plc (ACN)vs › | $112.30B | 1.34 | 1.26 | 1.26 | 1.28 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $96.59B | 0.81 | 0.96 | 0.93 | 0.94 |
| Snowflake Inc. (SNOW)vs › | $116.05B | 0.94 | 1.52 | 1.85 | 2.69 |
| Adobe Inc. (ADBE)vs › | $95.67B | 0.77 | 1.04 | 1.13 | 1.15 |
| Datadog, Inc. (DDOG)vs › | $89.52B | 3.20 | 3.01 | 3.07 | 3.60 |
| Cloudflare, Inc. (NET)vs › | $125.10B | 1.82 | 2.42 | 3.27 | 4.64 |
| Cadence Design Systems, Inc. (CDNS)vs › | $85.12B | 1.53 | 2.71 | 1.93 | 1.85 |
| Hewlett Packard Enterprise Company (HPE)vs › | $82.54B | 0.72 | 0.88 | 0.77 | 0.75 |
Quick Ratio
4.30
Excludes inventory
Current Ratio
4.30
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 | 4.30 |
| 2026-03-31 | 3.24 |
| 2025-12-31 | 3.32 |
| 2025-09-30 | 3.25 |
| 2025-06-30 | 2.74 |
| 2025-03-31 | 1.68 |
| 2024-12-31 | 2.19 |
| 2024-09-30 | 2.41 |
| 2024-06-30 | 2.28 |
| 2024-03-31 | 2.11 |
| 2023-12-31 | 1.71 |
| 2023-09-30 | 1.61 |
| 2023-06-30 | 2.87 |
| 2023-03-31 | 3.31 |
| 2022-12-31 | 3.35 |
| 2022-09-30 | 3.36 |
| 2022-06-30 | 2.82 |
| 2022-03-31 | 2.93 |
| 2021-12-31 | 5.05 |
| 2021-09-30 | 2.85 |
| 2021-06-30 | 2.85 |
| 2021-03-31 | 2.43 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
