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 0.11 is 72% below its 5-year average of 0.40, near the low end of its 5-year range (0.11–0.78).
As of the fiscal period ended Tuesday, June 30, 2026. 60.49% below its 12-month average of 0.28.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.11
QUICK RATIO (ACID-TEST) AVG TTM
0.28
QUICK RATIO (ACID-TEST) AVG 3Y
0.36
QUICK RATIO (ACID-TEST) AVG 5Y
0.40
QUICK RATIO (ACID-TEST) AVG 10Y
0.40
QUICK RATIO (ACID-TEST) AVG 15Y
0.32
QUICK RATIO (ACID-TEST) AVG 20Y
0.24
CURRENT VS TTM AVG
-60.49%
CURRENT VS 3Y AVG
-69.35%
CURRENT VS 5Y AVG
-72.29%
CURRENT VS 10Y AVG
-72.49%
CURRENT VS 15Y AVG
-65.54%
CURRENT VS 20Y AVG
-54.05%
Alexandria Real Estate Equities, Inc.
Market Cap
$8.39B
Quick Ratio (Acid-Test)
0.11
TTM Avg
0.28
3Y Avg
0.36
5Y Avg
0.40
Market Cap
$8.35B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.79
3Y Avg
1.07
5Y Avg
1.51
Market Cap
$8.81B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.80
3Y Avg
0.82
5Y Avg
0.82
Market Cap
$7.26B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.10
3Y Avg
0.84
5Y Avg
1.46
Market Cap
$10.08B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.09
3Y Avg
1.17
5Y Avg
1.44
Market Cap
$10.89B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.10
3Y Avg
0.23
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Alexandria Real Estate Equities, Inc. (ARE) | $8.39B | 0.11 | 0.28 | 0.36 | 0.40 |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.35B | N/A | 0.79 | 1.07 | 1.51 |
| NNN REIT, Inc. (NNN)vs › | $8.63B | N/A | 1.03 | 0.65 | 4.82 |
| Agree Realty Corporation (ADC)vs › | $8.81B | N/A | 0.80 | 0.82 | 0.82 |
| CubeSmart (CUBE)vs › | $9.25B | N/A | 0.32 | 0.30 | 0.27 |
| Terreno Realty Corporation (TRNO)vs › | $7.26B | N/A | 0.10 | 0.84 | 1.46 |
| Federal Realty Investment Trust (FRT)vs › | $10.08B | N/A | 1.09 | 1.17 | 1.44 |
| BXP, Inc. (BXP)vs › | $10.77B | N/A | 2.42 | 3.05 | 3.25 |
| Camden Property Trust (CPT)vs › | $10.89B | N/A | 0.10 | 0.23 | 0.69 |
| UDR, Inc. (UDR)vs › | $11.98B | N/A | 1.85 | 1.03 | 0.76 |
Quick Ratio
0.11
Excludes inventory
Current Ratio
0.11
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 | 0.11 |
| 2026-03-31 | 0.29 |
| 2025-12-31 | 0.43 |
| 2025-09-30 | 0.27 |
| 2025-06-30 | 0.29 |
| 2025-03-31 | 0.42 |
| 2024-12-31 | 0.40 |
| 2024-09-30 | 0.30 |
| 2024-06-30 | 0.33 |
| 2024-03-31 | 0.47 |
| 2023-12-31 | 0.39 |
| 2023-09-30 | 0.36 |
| 2023-06-30 | 0.60 |
| 2023-03-31 | 0.69 |
| 2022-12-31 | 0.58 |
| 2022-09-30 | 0.49 |
| 2022-06-30 | 0.38 |
| 2022-03-31 | 0.78 |
| 2021-12-31 | 0.41 |
| 2021-09-30 | 0.30 |
| 2021-06-30 | 0.43 |
| 2021-03-31 | 0.69 |
| 2020-12-31 | 0.64 |
| 2020-09-30 | 0.51 |
| 2020-06-30 | 0.24 |
| 2020-03-31 | 0.53 |
| 2019-12-31 | 0.27 |
| 2019-09-30 | 0.44 |
| 2019-06-30 | 0.25 |
| 2019-03-31 | 0.49 |
| 2018-12-31 | 0.33 |
| 2018-09-30 | 0.26 |
| 2018-06-30 | 0.52 |
| 2018-03-31 | 0.29 |
| 2017-12-31 | 0.47 |
| 2017-09-30 | 0.21 |
| 2017-06-30 | 0.22 |
| 2017-03-31 | 0.34 |
| 2016-12-31 | 0.29 |
| 2016-09-30 | 0.29 |
| 2016-06-30 | 1.39 |
| 2016-03-31 | 0.25 |
| 2015-12-31 | 0.30 |
| 2015-09-30 | 0.09 |
| 2015-06-30 | 0.11 |
| 2015-03-31 | 0.17 |
| 2014-12-31 | 0.23 |
| 2014-09-30 | 0.15 |
| 2014-06-30 | 0.09 |
| 2014-03-31 | 0.12 |
| 2013-12-31 | 0.15 |
| 2013-09-30 | 0.18 |
| 2013-06-30 | 0.81 |
| 2013-03-31 | 0.13 |
| 2012-12-31 | 0.20 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.17 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |