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 4.97 is 31% below its 5-year average of 7.22, near the low end of its 5-year range (4.17–13.34).
As of the fiscal period ended Tuesday, June 30, 2026. 1.20% above its 12-month average of 4.91.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.97.
QUICK RATIO (ACID-TEST)
4.97
QUICK RATIO (ACID-TEST) AVG TTM
4.91
QUICK RATIO (ACID-TEST) AVG 3Y
5.01
QUICK RATIO (ACID-TEST) AVG 5Y
7.22
QUICK RATIO (ACID-TEST) AVG 10Y
12.53
QUICK RATIO (ACID-TEST) AVG 15Y
8.99
QUICK RATIO (ACID-TEST) AVG 20Y
7.34
CURRENT VS TTM AVG
+1.20%
CURRENT VS 3Y AVG
-0.82%
CURRENT VS 5Y AVG
-31.23%
CURRENT VS 10Y AVG
-60.37%
CURRENT VS 15Y AVG
-44.76%
CURRENT VS 20Y AVG
-32.37%
SECTOR MEDIAN · HEALTHCARE
2.79
median of 452 covered companies
CURRENT VS SECTOR MEDIAN
+77.71%
vs the sector median at left
Aurinia Pharmaceuticals Inc.
Market Cap
$2.02B
Quick Ratio (Acid-Test)
4.97
TTM Avg
4.91
3Y Avg
5.01
5Y Avg
7.22
Market Cap
$2.02B
Quick Ratio (Acid-Test)
15.08
TTM Avg
9.38
3Y Avg
7.12
5Y Avg
8.07
Market Cap
$2.01B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.34
5Y Avg
1.34
Market Cap
$2.05B
Quick Ratio (Acid-Test)
6.16
TTM Avg
5.39
3Y Avg
6.60
5Y Avg
7.52
Market Cap
$2.06B
Quick Ratio (Acid-Test)
2.29
TTM Avg
2.30
3Y Avg
3.09
5Y Avg
3.45
Market Cap
$1.96B
Quick Ratio (Acid-Test)
2.52
TTM Avg
2.21
3Y Avg
2.25
5Y Avg
2.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aurinia Pharmaceuticals Inc. (AUPH) | $2.02B | 4.97 | 4.91 | 5.01 | 7.22 |
| Immunome, Inc. (IMNM)vs › | $2.02B | 15.08 | 9.38 | 7.12 | 8.07 |
| Fortrea Holdings Inc. (FTRE)vs › | $2.01B | 0.96 | 0.99 | 1.34 | 1.34 |
| AxoGen, Inc. (AXGN)vs › | $2.00B | 5.04 | 2.74 | 2.74 | 3.55 |
| Inspire Medical Systems, Inc. (INSP)vs › | $2.05B | 6.16 | 5.39 | 6.60 | 7.52 |
| BioCryst Pharmaceuticals, Inc. (BCRX)vs › | $2.06B | 2.29 | 2.30 | 3.09 | 3.45 |
| Alvotech (ALVO)vs › | $2.07B | 0.96 | 1.42 | 1.06 | 1.08 |
| Azenta, Inc. (AZTA)vs › | $1.97B | 2.21 | 3.08 | 5.65 | 4.53 |
| Establishment Labs Holdings Inc. (ESTA)vs › | $1.96B | 2.52 | 2.21 | 2.25 | 2.64 |
| Absci Corporation (ABSI)vs › | $1.95B | 10.63 | 5.62 | 5.25 | 6.00 |
Quick Ratio
4.97
Excludes inventory
Current Ratio
5.42
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 | 4.97 |
| 2026-03-31 | 5.01 |
| 2025-12-31 | 4.76 |
| 2025-09-30 | 5.17 |
| 2025-06-30 | 4.63 |
| 2025-03-31 | 5.26 |
| 2024-12-31 | 4.17 |
| 2024-09-30 | 5.11 |
| 2024-06-30 | 4.82 |
| 2024-03-31 | 5.05 |
| 2023-12-31 | 4.99 |
| 2023-09-30 | 5.33 |
| 2023-06-30 | 6.21 |
| 2023-03-31 | 9.32 |
| 2022-12-31 | 9.06 |
| 2022-09-30 | 10.40 |
| 2022-06-30 | 12.34 |
| 2022-03-31 | 13.34 |
| 2021-12-31 | 12.15 |
| 2021-09-30 | 8.26 |
| 2021-06-30 | 11.34 |
| 2021-03-31 | 16.85 |
| 2020-12-31 | 12.67 |
| 2020-09-30 | 16.95 |
| 2020-06-30 | 16.22 |
| 2020-03-31 | 21.01 |
| 2019-12-31 | 27.90 |
| 2019-09-30 | 10.26 |
| 2019-06-30 | 18.98 |
| 2019-03-31 | 23.31 |
| 2018-12-31 | 18.30 |
| 2018-09-30 | 20.92 |
| 2018-06-30 | 30.30 |
| 2018-03-31 | 30.50 |
| 2017-12-31 | 21.52 |
| 2017-09-30 | 26.97 |
| 2017-06-30 | 53.07 |
| 2017-03-31 | 24.59 |
| 2016-12-31 | 5.22 |
| 2016-09-30 | 3.63 |
| 2016-06-30 | 3.55 |
| 2016-03-31 | 3.05 |
| 2015-12-31 | 4.57 |
| 2015-09-30 | 5.40 |
| 2015-06-30 | 7.06 |
| 2015-03-31 | 12.34 |
| 2014-12-31 | 11.83 |
| 2014-09-30 | 14.00 |
| 2014-06-30 | 8.58 |
| 2014-03-31 | 9.70 |
| 2013-12-31 | 0.35 |
| 2013-09-30 | 0.68 |
| 2013-06-30 | 0.15 |
| 2013-03-31 | 0.06 |
| 2012-12-31 | 0.12 |
| 2012-09-30 | 0.23 |
| 2012-06-30 | 0.74 |
| 2012-03-31 | 4.39 |
| 2011-12-31 | 3.82 |
| 2011-09-30 | 7.37 |
| 2011-06-30 | 5.43 |
| 2011-03-31 | 3.80 |
| 2010-12-31 | 4.90 |
| 2010-09-30 | 3.09 |
| 2010-06-30 | 2.96 |
| 2010-03-31 | 2.31 |
| 2009-12-31 | 1.67 |
| 2009-09-30 | 2.00 |
| 2009-06-30 | 2.55 |
| 2009-03-31 | 1.60 |
| 2008-12-31 | 2.37 |
| 2008-09-30 | 2.89 |
| 2008-06-30 | 4.04 |
| 2008-03-31 | 4.74 |
| 2007-12-31 | 3.10 |
| 2007-09-30 | 5.22 |
| 2007-06-30 | 4.97 |
| 2007-03-31 | 7.10 |
| 2006-12-31 | 3.37 |
| 2006-09-30 | 4.43 |
| 2006-06-30 | 5.56 |
| 2006-03-31 | 5.07 |
| 2005-12-31 | 4.88 |
| 2005-09-30 | 8.25 |
| 2005-06-30 | 9.10 |
| 2005-03-31 | 11.53 |
| 2004-12-31 | 9.81 |
| 2004-09-30 | 12.51 |
| 2004-06-30 | 19.61 |
| 2004-03-31 | 11.72 |
| 2003-12-31 | 11.85 |
| 2003-09-30 | 17.40 |
| 2003-06-30 | 16.27 |
| 2003-03-31 | 14.03 |
| 2002-12-31 | 14.48 |
| 2002-09-30 | 15.84 |
