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 2.32 is 32% below its 5-year average of 3.44, near the low end of its 5-year range (0.44–10.79).
As of the fiscal period ended Tuesday, June 30, 2026. 122.69% above its 12-month average of 1.04.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.32.
QUICK RATIO (ACID-TEST)
2.32
QUICK RATIO (ACID-TEST) AVG TTM
1.04
QUICK RATIO (ACID-TEST) AVG 3Y
0.72
QUICK RATIO (ACID-TEST) AVG 5Y
3.44
QUICK RATIO (ACID-TEST) AVG 10Y
7.54
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+122.69%
CURRENT VS 3Y AVG
+221.61%
CURRENT VS 5Y AVG
-32.42%
CURRENT VS 10Y AVG
-69.20%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.74
median of 344 covered companies
CURRENT VS SECTOR MEDIAN
-15.07%
vs the sector median at left
Ascendis Pharma A/S
Market Cap
$14.16B
Quick Ratio (Acid-Test)
2.32
TTM Avg
1.04
3Y Avg
0.72
5Y Avg
3.44
Market Cap
$14.64B
Quick Ratio (Acid-Test)
3.16
TTM Avg
2.58
3Y Avg
2.23
5Y Avg
3.05
Market Cap
$14.79B
Quick Ratio (Acid-Test)
3.38
TTM Avg
3.54
3Y Avg
3.46
5Y Avg
4.12
Market Cap
$14.97B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.07
3Y Avg
1.10
5Y Avg
1.11
Market Cap
$13.19B
Quick Ratio (Acid-Test)
2.77
TTM Avg
3.05
3Y Avg
4.30
5Y Avg
5.45
Market Cap
$15.24B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$12.95B
Quick Ratio (Acid-Test)
1.17
TTM Avg
3.59
3Y Avg
3.76
5Y Avg
4.72
Market Cap
$12.89B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.18
3Y Avg
1.19
5Y Avg
1.30
Market Cap
$12.52B
Quick Ratio (Acid-Test)
1.32
TTM Avg
1.31
3Y Avg
1.23
5Y Avg
1.40
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ascendis Pharma A/S (ASND) | $14.16B | 2.32 | 1.04 | 0.72 | 3.44 |
| Tempus AI, Inc. (TEM)vs › | $14.64B | 3.16 | 2.58 | 2.23 | 3.05 |
| Exelixis, Inc. (EXEL)vs › | $14.79B | 3.38 | 3.54 | 3.46 | 4.12 |
| Charles River Laboratories International, Inc. (CRL)vs › | $14.97B | 1.04 | 1.07 | 1.10 | 1.11 |
| Corcept Therapeutics Incorporated (CORT)vs › | $13.19B | 2.77 | 3.05 | 4.30 | 5.45 |
| Solventum Corporation (SOLV)vs › | $15.24B | 0.74 | 0.86 | 0.93 | 0.94 |
| BridgeBio Pharma, Inc. (BBIO)vs › | $12.95B | 1.17 | 3.59 | 3.76 | 4.72 |
| ICON Public Limited Company (ICLR)vs › | $12.89B | 0.95 | 1.18 | 1.19 | 1.30 |
| Baxter International Inc. (BAX)vs › | $12.52B | 1.32 | 1.31 | 1.23 | 1.40 |
| Penumbra, Inc. (PEN)vs › | $12.49B | 3.86 | 3.87 | 3.53 | 3.55 |
Quick Ratio
2.32
Excludes inventory
Current Ratio
2.99
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 | 2.32 |
| 2026-03-31 | 0.72 |
| 2025-12-31 | 0.76 |
| 2025-09-30 | 0.73 |
| 2025-06-30 | 0.69 |
| 2025-03-31 | 0.71 |
| 2024-12-31 | 0.84 |
| 2024-09-30 | 0.84 |
| 2024-06-30 | 0.44 |
| 2024-03-31 | 0.54 |
| 2023-12-31 | 0.67 |
| 2023-09-30 | 2.56 |
| 2023-06-30 | 2.65 |
| 2023-03-31 | 3.32 |
| 2022-12-31 | 4.63 |
| 2022-09-30 | 6.83 |
| 2022-06-30 | 8.78 |
| 2022-03-31 | 10.79 |
| 2021-12-31 | 7.28 |
| 2021-09-30 | 7.76 |
| 2021-06-30 | 8.31 |
| 2021-03-31 | 9.42 |
| 2020-12-31 | 14.02 |
| 2020-09-30 | 14.80 |
| 2020-06-30 | 9.04 |
| 2020-03-31 | 13.19 |
| 2019-12-31 | 12.74 |
| 2019-09-30 | 15.74 |
| 2019-06-30 | 11.59 |
| 2019-03-31 | 22.32 |
| 2018-12-31 | 7.53 |
| 2018-09-30 | 10.54 |
| 2018-06-30 | 9.87 |
| 2018-03-31 | 20.55 |
| 2017-12-31 | 8.61 |
| 2017-09-30 | 10.85 |
| 2017-06-30 | 8.54 |
| 2017-03-31 | 9.28 |
| 2016-12-31 | 13.67 |
| 2016-09-30 | 6.52 |
| 2016-06-30 | 8.16 |
| 2016-03-31 | 9.90 |
| 2015-12-31 | 10.98 |
| 2015-09-30 | 14.18 |
| 2015-06-30 | 11.49 |
| 2015-03-31 | 12.88 |
| 2014-12-31 | 4.13 |
| 2014-09-30 | 0.77 |
| 2014-06-30 | 0.90 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 1.04 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
