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 5.04 is 48% above its 5-year average of 3.41, near the high end of its 5-year range (2.14–5.94).
As of the fiscal period ended Tuesday, June 30, 2026. 32.70% above its 12-month average of 3.80.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.04.
QUICK RATIO (ACID-TEST)
5.04
QUICK RATIO (ACID-TEST) AVG TTM
3.80
QUICK RATIO (ACID-TEST) AVG 3Y
2.44
QUICK RATIO (ACID-TEST) AVG 5Y
3.41
QUICK RATIO (ACID-TEST) AVG 10Y
4.32
QUICK RATIO (ACID-TEST) AVG 15Y
5.27
QUICK RATIO (ACID-TEST) AVG 20Y
5.02
CURRENT VS TTM AVG
+32.70%
CURRENT VS 3Y AVG
+106.63%
CURRENT VS 5Y AVG
+47.73%
CURRENT VS 10Y AVG
+16.78%
CURRENT VS 15Y AVG
-4.34%
CURRENT VS 20Y AVG
+0.29%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+50.20%
vs the sector median at left
Market Cap
$1.96B
Quick Ratio (Acid-Test)
6.04
TTM Avg
7.13
3Y Avg
7.06
5Y Avg
6.77
Market Cap
$1.94B
Quick Ratio (Acid-Test)
34.46
TTM Avg
28.89
3Y Avg
23.88
5Y Avg
16.33
Market Cap
$1.97B
Quick Ratio (Acid-Test)
6.16
TTM Avg
5.39
3Y Avg
6.60
5Y Avg
7.52
Market Cap
$1.98B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.34
5Y Avg
1.34
Market Cap
$1.92B
Quick Ratio (Acid-Test)
2.52
TTM Avg
2.21
3Y Avg
2.25
5Y Avg
2.64
Market Cap
$1.89B
Quick Ratio (Acid-Test)
9.79
TTM Avg
11.31
3Y Avg
11.94
5Y Avg
12.05
Market Cap
$2.02B
Quick Ratio (Acid-Test)
4.97
TTM Avg
4.46
3Y Avg
5.74
5Y Avg
7.97
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AxoGen, Inc. (AXGN) | $1.95B | 5.04 | 3.80 | 2.44 | 3.41 |
| Vir Biotechnology, Inc. (VIR)vs › | $1.96B | 6.04 | 7.13 | 7.06 | 6.77 |
| Mineralys Therapeutics, Inc. (MLYS)vs › | $1.94B | 34.46 | 28.89 | 23.88 | 16.33 |
| Inspire Medical Systems, Inc. (INSP)vs › | $1.97B | 6.16 | 5.39 | 6.60 | 7.52 |
| Fortrea Holdings Inc. (FTRE)vs › | $1.98B | 0.96 | 0.99 | 1.34 | 1.34 |
| Establishment Labs Holdings Inc. (ESTA)vs › | $1.92B | 2.52 | 2.21 | 2.25 | 2.64 |
| Agios Pharmaceuticals, Inc. (AGIO)vs › | $1.89B | 9.79 | 11.31 | 11.94 | 12.05 |
| Zymeworks Inc. (ZYME)vs › | $1.89B | 6.32 | 4.46 | 5.51 | 5.22 |
| Aurinia Pharmaceuticals Inc. (AUPH)vs › | $2.02B | 4.97 | 4.46 | 5.74 | 7.97 |
| BioLife Solutions, Inc. (BLFS)vs › | $1.89B | 7.14 | 4.14 | 3.11 | 3.56 |
Quick Ratio
5.04
Excludes inventory
Current Ratio
6.60
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 | 5.04 |
| 2026-03-31 | 5.33 |
| 2025-12-31 | 3.31 |
| 2025-09-30 | 2.64 |
| 2025-06-30 | 2.67 |
| 2025-03-31 | 2.65 |
| 2024-12-31 | 2.16 |
| 2024-09-30 | 2.47 |
| 2024-06-30 | 2.32 |
| 2024-03-31 | 2.23 |
| 2023-12-31 | 2.14 |
| 2023-09-30 | 2.42 |
| 2023-06-30 | 2.71 |
| 2023-03-31 | 3.24 |
| 2022-12-31 | 3.33 |
| 2022-09-30 | 3.54 |
| 2022-06-30 | 3.71 |
| 2022-03-31 | 4.14 |
| 2021-12-31 | 4.54 |
| 2021-09-30 | 5.12 |
| 2021-06-30 | 5.94 |
| 2021-03-31 | 5.47 |
| 2020-12-31 | 5.81 |
| 2020-09-30 | 6.81 |
| 2020-06-30 | 9.09 |
| 2020-03-31 | 5.43 |
| 2019-12-31 | 5.80 |
| 2019-09-30 | 7.38 |
| 2019-06-30 | 7.87 |
| 2019-03-31 | 8.03 |
| 2018-12-31 | 10.65 |
| 2018-09-30 | 11.80 |
| 2018-06-30 | 14.94 |
| 2018-03-31 | 2.81 |
| 2017-12-31 | 3.53 |
| 2017-09-30 | 2.95 |
| 2017-06-30 | 3.09 |
| 2017-03-31 | 3.28 |
| 2016-12-31 | 3.48 |
| 2016-09-30 | 5.16 |
| 2016-06-30 | 6.36 |
| 2016-03-31 | 7.16 |
| 2015-12-31 | 8.39 |
| 2015-09-30 | 8.50 |
| 2015-06-30 | 5.76 |
| 2015-03-31 | 6.60 |
| 2014-12-31 | 4.58 |
| 2014-09-30 | 7.20 |
| 2014-06-30 | 7.47 |
| 2014-03-31 | 9.86 |
| 2013-12-31 | 10.61 |
| 2013-09-30 | 18.60 |
| 2013-06-30 | 6.45 |
| 2013-03-31 | 8.82 |
| 2012-12-31 | 10.23 |
| 2012-09-30 | 1.46 |
| 2012-06-30 | 1.85 |
| 2012-03-31 | 2.75 |
| 2011-12-31 | 4.52 |
| 2011-09-30 | 6.88 |
| 2011-06-30 | 15.69 |
| 2011-03-31 | 48.62 |
| 2010-12-31 | 79.39 |
| 2010-09-30 | 73.39 |
| 2010-06-30 | 78.53 |
| 2010-03-31 | 24.13 |
| 2009-12-31 | 2.92 |
| 2009-09-30 | 1.55 |
| 2009-06-30 | 1.66 |
| 2009-03-31 | 1.49 |
| 2008-12-31 | 2.15 |
| 2008-09-30 | 2.67 |
| 2008-06-30 | 2.99 |
| 2008-03-31 | 3.60 |
| 2007-12-31 | 4.95 |
| 2007-09-30 | 4.73 |
| 2007-06-30 | 5.40 |
| 2007-03-31 | 5.10 |
| 2006-12-31 | 6.19 |
| 2006-09-30 | 8.19 |
| 2006-06-30 | 7.70 |
| 2006-03-31 | 8.83 |
| 2005-12-31 | 9.90 |
| 2005-09-30 | 6.67 |
| 2005-06-30 | 8.19 |
| 2005-03-31 | 6.99 |
| 2004-12-31 | 4.93 |
| 2004-09-30 | 1.27 |
| 2004-06-30 | 0.40 |
| 2004-03-31 | 0.44 |
| 2003-12-31 | 0.33 |
| 2003-09-30 | 0.24 |
| 2003-06-30 | 0.31 |
| 2003-03-31 | 0.40 |
| 2002-12-31 | 0.35 |
| 2002-09-30 | 0.34 |