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 13.99 is 108% above its 5-year average of 6.72, near the high end of its 5-year range (1.64–14.78).
As of the fiscal period ended Tuesday, June 30, 2026. 119.07% above its 12-month average of 6.39.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 13.99.
QUICK RATIO (ACID-TEST)
13.99
QUICK RATIO (ACID-TEST) AVG TTM
6.39
QUICK RATIO (ACID-TEST) AVG 3Y
4.01
QUICK RATIO (ACID-TEST) AVG 5Y
6.72
QUICK RATIO (ACID-TEST) AVG 10Y
8.42
QUICK RATIO (ACID-TEST) AVG 15Y
10.07
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+119.07%
CURRENT VS 3Y AVG
+248.61%
CURRENT VS 5Y AVG
+108.30%
CURRENT VS 10Y AVG
+66.09%
CURRENT VS 15Y AVG
+38.89%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.79
median of 386 covered companies
CURRENT VS SECTOR MEDIAN
+400.51%
vs the sector median at left
Assembly Biosciences, Inc.
Market Cap
$450.64M
Quick Ratio (Acid-Test)
13.99
TTM Avg
6.39
3Y Avg
4.01
5Y Avg
6.72
Market Cap
$453.70M
Quick Ratio (Acid-Test)
6.72
TTM Avg
10.04
3Y Avg
13.74
5Y Avg
16.43
Market Cap
$447.43M
Quick Ratio (Acid-Test)
7.35
TTM Avg
8.39
3Y Avg
5.06
5Y Avg
6.73
Market Cap
$471.57M
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.48
3Y Avg
1.43
5Y Avg
1.74
Market Cap
$428.16M
Quick Ratio (Acid-Test)
3.19
TTM Avg
3.65
3Y Avg
4.66
5Y Avg
6.11
Market Cap
$478.54M
Quick Ratio (Acid-Test)
37.17
TTM Avg
24.09
3Y Avg
19.47
5Y Avg
19.38
Market Cap
$481.33M
Quick Ratio (Acid-Test)
7.91
TTM Avg
4.78
3Y Avg
4.69
5Y Avg
6.49
Market Cap
$416.68M
Quick Ratio (Acid-Test)
5.88
TTM Avg
5.65
3Y Avg
4.80
5Y Avg
5.41
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Assembly Biosciences, Inc. (ASMB) | $450.64M | 13.99 | 6.39 | 4.01 | 6.72 |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $453.70M | 6.72 | 10.04 | 13.74 | 16.43 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $447.43M | 7.35 | 8.39 | 5.06 | 6.73 |
| NRC Health (NRC)vs › | $468.31M | 0.65 | 0.55 | 0.77 | 1.10 |
| Cerus Corporation (CERS)vs › | $471.57M | 1.07 | 1.48 | 1.43 | 1.74 |
| Editas Medicine, Inc. (EDIT)vs › | $428.16M | 3.19 | 3.65 | 4.66 | 6.11 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $478.54M | 37.17 | 24.09 | 19.47 | 19.38 |
| Arvinas, Inc. (ARVN)vs › | $481.33M | 7.91 | 4.78 | 4.69 | 6.49 |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $416.68M | 5.88 | 5.65 | 4.80 | 5.41 |
| Carlsmed, Inc. (CARL)vs › | $415.93M | 8.66 | 7.11 | 5.24 | 5.24 |
Quick Ratio
13.99
Excludes inventory
Current Ratio
13.99
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 | 13.99 |
| 2026-03-31 | 6.65 |
| 2025-12-31 | 5.22 |
| 2025-09-30 | 4.44 |
| 2025-06-30 | 1.64 |
| 2025-03-31 | 2.05 |
| 2024-12-31 | 2.42 |
| 2024-09-30 | 2.36 |
| 2024-06-30 | 2.74 |
| 2024-03-31 | 3.02 |
| 2023-12-31 | 3.41 |
| 2023-09-30 | 6.96 |
| 2023-06-30 | 7.26 |
| 2023-03-31 | 8.00 |
| 2022-12-31 | 5.95 |
| 2022-09-30 | 7.44 |
| 2022-06-30 | 8.31 |
| 2022-03-31 | 12.21 |
| 2021-12-31 | 9.59 |
| 2021-09-30 | 12.61 |
| 2021-06-30 | 14.78 |
| 2021-03-31 | 15.29 |
| 2020-12-31 | 9.19 |
| 2020-09-30 | 14.66 |
| 2020-06-30 | 13.61 |
| 2020-03-31 | 12.14 |
| 2019-12-31 | 11.57 |
| 2019-09-30 | 7.69 |
| 2019-06-30 | 9.20 |
| 2019-03-31 | 7.97 |
| 2018-12-31 | 12.05 |
| 2018-09-30 | 16.42 |
| 2018-06-30 | 7.43 |
| 2018-03-31 | 9.30 |
| 2017-12-31 | 9.13 |
| 2017-09-30 | 5.62 |
| 2017-06-30 | 6.48 |
| 2017-03-31 | 8.42 |
| 2016-12-31 | 7.52 |
| 2016-09-30 | 7.92 |
| 2016-06-30 | 12.71 |
| 2016-03-31 | 16.55 |
| 2015-12-31 | 20.09 |
| 2015-09-30 | 25.08 |
| 2015-06-30 | 31.85 |
| 2015-03-31 | 45.26 |
| 2014-12-31 | 27.72 |
| 2014-09-30 | 17.23 |
| 2014-06-30 | 14.80 |
| 2014-03-31 | 16.34 |
| 2013-12-31 | 10.28 |
| 2013-09-30 | 13.96 |
| 2013-06-30 | 13.02 |
| 2013-03-31 | 18.77 |
| 2012-12-31 | 7.48 |
| 2012-09-30 | 8.83 |
| 2012-06-30 | 8.55 |
| 2012-03-31 | 8.15 |
| 2011-12-31 | 14.74 |
| 2011-09-30 | 45.11 |
| 2011-06-30 | 14.89 |
| 2011-03-31 | 45.43 |
| 2010-12-31 | 8.48 |
| 2010-09-30 | 0.02 |
| 2010-06-30 | 0.04 |
| 2010-03-31 | 0.08 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
