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 15.62 is 14% above its 5-year average of 13.71, around the middle of its 5-year range (6.74–20.87).
As of the fiscal period ended Tuesday, June 30, 2026. 3.91% above its 12-month average of 15.03.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 15.62.
QUICK RATIO (ACID-TEST)
15.62
QUICK RATIO (ACID-TEST) AVG TTM
15.03
QUICK RATIO (ACID-TEST) AVG 3Y
12.75
QUICK RATIO (ACID-TEST) AVG 5Y
13.71
QUICK RATIO (ACID-TEST) AVG 10Y
10.45
QUICK RATIO (ACID-TEST) AVG 15Y
7.83
QUICK RATIO (ACID-TEST) AVG 20Y
5.93
CURRENT VS TTM AVG
+3.91%
CURRENT VS 3Y AVG
+22.46%
CURRENT VS 5Y AVG
+13.94%
CURRENT VS 10Y AVG
+49.39%
CURRENT VS 15Y AVG
+99.50%
CURRENT VS 20Y AVG
+163.23%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+365.53%
vs the sector median at left
Anavex Life Sciences Corp.
Market Cap
$148.27M
Quick Ratio (Acid-Test)
15.62
TTM Avg
15.03
3Y Avg
12.75
5Y Avg
13.71
Market Cap
$148.64M
Quick Ratio (Acid-Test)
7.51
TTM Avg
6.60
3Y Avg
4.97
5Y Avg
4.99
Market Cap
$148.73M
Quick Ratio (Acid-Test)
0.82
TTM Avg
5.49
3Y Avg
4.19
5Y Avg
4.19
Market Cap
$149.36M
Quick Ratio (Acid-Test)
9.71
TTM Avg
4.67
3Y Avg
6.04
5Y Avg
19.74
Market Cap
$146.62M
Quick Ratio (Acid-Test)
2.47
TTM Avg
5.26
3Y Avg
13.15
5Y Avg
16.36
Market Cap
$146.28M
Quick Ratio (Acid-Test)
2.99
TTM Avg
3.92
3Y Avg
3.42
5Y Avg
4.30
Market Cap
$146.27M
Quick Ratio (Acid-Test)
3.83
TTM Avg
1.68
3Y Avg
1.58
5Y Avg
2.46
Market Cap
$151.01M
Quick Ratio (Acid-Test)
5.55
TTM Avg
4.34
3Y Avg
4.83
5Y Avg
5.44
Market Cap
$143.84M
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.14
3Y Avg
1.35
5Y Avg
4.96
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Anavex Life Sciences Corp. (AVXL) | $148.27M | 15.62 | 15.03 | 12.75 | 13.71 |
| Voyager Therapeutics, Inc. (VYGR)vs › | $148.64M | 7.51 | 6.60 | 4.97 | 4.99 |
| Korsana Biosciences, Inc. (KRSA)vs › | $148.73M | 0.82 | 5.49 | 4.19 | 4.19 |
| ALX Oncology Holdings Inc. (ALXO)vs › | $149.36M | 9.71 | 4.67 | 6.04 | 19.74 |
| Acumen Pharmaceuticals, Inc. (ABOS)vs › | $146.62M | 2.47 | 5.26 | 13.15 | 16.36 |
| Codexis, Inc. (CDXS)vs › | $146.28M | 2.99 | 3.92 | 3.42 | 4.30 |
| Fortress Biotech, Inc. (FBIOP)vs › | $146.27M | 3.83 | 1.68 | 1.58 | 2.46 |
| Cardiol Therapeutics Inc. (CRDL)vs › | $151.01M | 5.55 | 4.34 | 4.83 | 5.44 |
| NervGen Pharma Corp. Common stock (NGEN)vs › | $143.84M | 1.23 | 1.14 | 1.35 | 4.96 |
| Veraxa Biotech Holding AG (VRXA)vs › | $152.72M | N/A | N/A | N/A | N/A |
Quick Ratio
15.62
Excludes inventory
Current Ratio
15.62
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 | 15.62 |
| 2026-03-31 | 18.24 |
| 2025-12-31 | 20.87 |
| 2025-09-30 | 11.60 |
| 2025-06-30 | 8.82 |
| 2025-03-31 | 6.74 |
| 2024-12-31 | 9.45 |
| 2024-09-30 | 8.86 |
| 2024-06-30 | 12.04 |
| 2024-03-31 | 15.12 |
| 2023-12-31 | 11.85 |
| 2023-09-30 | 12.32 |
| 2023-06-30 | 14.27 |
| 2023-03-31 | 11.35 |
| 2022-12-31 | 11.20 |
| 2022-09-30 | 14.95 |
| 2022-06-30 | 16.89 |
| 2022-03-31 | 19.86 |
| 2021-12-31 | 14.90 |
| 2021-09-30 | 14.97 |
| 2021-06-30 | 17.95 |
| 2021-03-31 | 10.76 |
| 2020-12-31 | 6.76 |
| 2020-09-30 | 4.73 |
| 2020-06-30 | 4.55 |
| 2020-03-31 | 4.98 |
| 2019-12-31 | 5.75 |
| 2019-09-30 | 5.03 |
| 2019-06-30 | 5.03 |
| 2019-03-31 | 3.23 |
| 2018-12-31 | 4.53 |
| 2018-09-30 | 6.26 |
| 2018-06-30 | 8.33 |
| 2018-03-31 | 7.55 |
| 2017-12-31 | 10.11 |
| 2017-09-30 | 7.75 |
| 2017-06-30 | 17.09 |
| 2017-03-31 | 11.11 |
| 2016-12-31 | 9.71 |
| 2016-09-30 | 2.96 |
| 2016-06-30 | 4.53 |
| 2016-03-31 | 4.98 |
| 2015-12-31 | 5.54 |
| 2015-09-30 | 5.81 |
| 2015-06-30 | 8.03 |
| 2015-03-31 | 4.16 |
| 2014-12-31 | 4.97 |
| 2014-09-30 | 5.10 |
| 2014-06-30 | 4.31 |
| 2014-03-31 | 4.90 |
| 2013-12-31 | 0.08 |
| 2013-09-30 | 0.20 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.02 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.01 |
| 2012-03-31 | 0.06 |
| 2011-12-31 | 0.03 |
| 2011-09-30 | 0.15 |
| 2011-06-30 | 0.57 |
| 2011-03-31 | 0.05 |
| 2010-12-31 | 0.83 |
| 2010-09-30 | 0.10 |
| 2010-06-30 | 0.20 |
| 2010-03-31 | 0.05 |
| 2009-12-31 | 0.02 |
| 2009-09-30 | 0.10 |
| 2009-06-30 | 0.21 |
| 2009-03-31 | 0.02 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.01 |
| 2008-03-31 | 0.01 |
| 2007-12-31 | 0.12 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.07 |
| 2006-12-31 | 0.14 |
| 2006-09-30 | 0.45 |
| 2006-06-30 | 0.67 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.04 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.00 |