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 5.88 is 25% above its 5-year average of 4.72, around the middle of its 5-year range (3.05–7.86).
As of the fiscal period ended Tuesday, June 30, 2026. 9.80% below its 12-month average of 6.52.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.88.
QUICK RATIO (ACID-TEST)
5.88
QUICK RATIO (ACID-TEST) AVG TTM
6.52
QUICK RATIO (ACID-TEST) AVG 3Y
5.24
QUICK RATIO (ACID-TEST) AVG 5Y
4.72
QUICK RATIO (ACID-TEST) AVG 10Y
4.67
QUICK RATIO (ACID-TEST) AVG 15Y
6.68
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-9.80%
CURRENT VS 3Y AVG
+12.11%
CURRENT VS 5Y AVG
+24.64%
CURRENT VS 10Y AVG
+25.79%
CURRENT VS 15Y AVG
-11.99%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 563 covered companies
CURRENT VS SECTOR MEDIAN
+96.62%
vs the sector median at left
Arcturus Therapeutics Holdings Inc.
Market Cap
$392.24M
Quick Ratio (Acid-Test)
5.88
TTM Avg
6.52
3Y Avg
5.24
5Y Avg
4.72
Market Cap
$389.14M
Quick Ratio (Acid-Test)
16.52
TTM Avg
13.61
3Y Avg
8.86
5Y Avg
8.86
Market Cap
$408.54M
Quick Ratio (Acid-Test)
8.92
TTM Avg
6.16
3Y Avg
7.06
5Y Avg
7.06
Market Cap
$410.91M
Quick Ratio (Acid-Test)
9.89
TTM Avg
6.34
3Y Avg
6.34
5Y Avg
6.34
Market Cap
$408.14M
Quick Ratio (Acid-Test)
8.13
TTM Avg
16.34
3Y Avg
21.67
5Y Avg
17.16
Market Cap
$411.99M
Quick Ratio (Acid-Test)
8.66
TTM Avg
7.11
3Y Avg
5.24
5Y Avg
5.24
Market Cap
$378.75M
Quick Ratio (Acid-Test)
9.06
TTM Avg
8.18
3Y Avg
5.96
5Y Avg
5.74
Market Cap
$375.13M
Quick Ratio (Acid-Test)
2.39
TTM Avg
2.24
3Y Avg
1.74
5Y Avg
3.80
Market Cap
$428.93M
Quick Ratio (Acid-Test)
3.19
TTM Avg
3.65
3Y Avg
4.66
5Y Avg
6.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Arcturus Therapeutics Holdings Inc. (ARCT) | $392.24M | 5.88 | 6.52 | 5.24 | 4.72 |
| MapLight Therapeutics, Inc. (MPLT)vs › | $389.14M | 16.52 | 13.61 | 8.86 | 8.86 |
| Shoulder Innovations, Inc. (SI)vs › | $408.54M | 8.92 | 6.16 | 7.06 | 7.06 |
| Eikon Therapeutics, Inc. Common Stock (EIKN)vs › | $410.91M | 9.89 | 6.34 | 6.34 | 6.34 |
| Atea Pharmaceuticals, Inc. (AVIR)vs › | $408.14M | 8.13 | 16.34 | 21.67 | 17.16 |
| Carlsmed, Inc. (CARL)vs › | $411.99M | 8.66 | 7.11 | 5.24 | 5.24 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $378.75M | 9.06 | 8.18 | 5.96 | 5.74 |
| Canopy Growth Corporation (CGC)vs › | $375.13M | 2.39 | 2.24 | 1.74 | 3.80 |
| Editas Medicine, Inc. (EDIT)vs › | $428.93M | 3.19 | 3.65 | 4.66 | 6.11 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $431.90M | 7.35 | 8.39 | 5.06 | 6.73 |
Quick Ratio
5.88
Excludes inventory
Current Ratio
5.88
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 | 5.88 |
| 2026-03-31 | 6.31 |
| 2025-12-31 | 6.64 |
| 2025-09-30 | 7.86 |
| 2025-06-30 | 5.90 |
| 2025-03-31 | 5.64 |
| 2024-12-31 | 4.67 |
| 2024-09-30 | 4.76 |
| 2024-06-30 | 3.78 |
| 2024-03-31 | 3.26 |
| 2023-12-31 | 4.72 |
| 2023-09-30 | 4.49 |
| 2023-06-30 | 4.26 |
| 2023-03-31 | 4.71 |
| 2022-12-31 | 3.18 |
| 2022-09-30 | 3.25 |
| 2022-06-30 | 3.14 |
| 2022-03-31 | 3.05 |
| 2021-12-31 | 3.81 |
| 2021-09-30 | 3.56 |
| 2021-06-30 | 6.19 |
| 2021-03-31 | 8.81 |
| 2020-12-31 | 9.45 |
| 2020-09-30 | 11.21 |
| 2020-06-30 | 6.16 |
| 2020-03-31 | 2.94 |
| 2019-12-31 | 3.48 |
| 2019-09-30 | 3.66 |
| 2019-06-30 | 3.76 |
| 2019-03-31 | 2.45 |
| 2018-12-31 | 3.33 |
| 2018-09-30 | 2.51 |
| 2018-06-30 | 2.28 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 4.48 |
| 2017-09-30 | 17.60 |
| 2017-06-30 | 25.42 |
| 2017-03-31 | 21.08 |
| 2016-12-31 | 11.94 |
| 2016-09-30 | 15.97 |
| 2016-06-30 | 18.70 |
| 2016-03-31 | 25.95 |
| 2015-12-31 | 22.31 |
| 2015-09-30 | 14.57 |
| 2015-06-30 | 14.46 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 9.32 |
| 2014-09-30 | 6.25 |
| 2014-06-30 | 8.62 |
| 2014-03-31 | 13.87 |
| 2013-12-31 | 30.72 |
| 2013-09-30 | 15.54 |
| 2013-06-30 | 63.46 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.23 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |