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 2.09 is 24% above its 5-year average of 1.68, around the middle of its 5-year range (0.31–4.34).
As of the fiscal period ended Tuesday, June 30, 2026. 87.57% above its 12-month average of 1.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.09.
QUICK RATIO (ACID-TEST)
2.09
QUICK RATIO (ACID-TEST) AVG TTM
1.12
QUICK RATIO (ACID-TEST) AVG 3Y
0.91
QUICK RATIO (ACID-TEST) AVG 5Y
1.68
QUICK RATIO (ACID-TEST) AVG 10Y
2.27
QUICK RATIO (ACID-TEST) AVG 15Y
4.04
QUICK RATIO (ACID-TEST) AVG 20Y
3.98
CURRENT VS TTM AVG
+87.57%
CURRENT VS 3Y AVG
+129.06%
CURRENT VS 5Y AVG
+24.20%
CURRENT VS 10Y AVG
-7.78%
CURRENT VS 15Y AVG
-48.21%
CURRENT VS 20Y AVG
-47.46%
SECTOR MEDIAN · HEALTHCARE
2.83
median of 446 covered companies
CURRENT VS SECTOR MEDIAN
-25.97%
vs the sector median at left
BioCardia, Inc.
Market Cap
$16.22M
Quick Ratio (Acid-Test)
2.09
TTM Avg
1.12
3Y Avg
0.91
5Y Avg
1.68
Market Cap
$15.91M
Quick Ratio (Acid-Test)
1.11
TTM Avg
2.09
3Y Avg
1.19
5Y Avg
1.02
Market Cap
$16.54M
Quick Ratio (Acid-Test)
1.65
TTM Avg
3.34
3Y Avg
3.94
5Y Avg
7.05
Market Cap
$16.58M
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.25
3Y Avg
1.80
5Y Avg
4.00
Market Cap
$15.30M
Quick Ratio (Acid-Test)
1.24
TTM Avg
4.22
3Y Avg
12.60
5Y Avg
18.98
Market Cap
$14.28M
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.15
3Y Avg
4.02
5Y Avg
6.30
Market Cap
$18.77M
Quick Ratio (Acid-Test)
0.20
TTM Avg
0.34
3Y Avg
6.34
5Y Avg
6.11
Market Cap
$18.82M
Quick Ratio (Acid-Test)
0.92
TTM Avg
0.83
3Y Avg
1.35
5Y Avg
1.29
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BioCardia, Inc. (BCDA) | $16.22M | 2.09 | 1.12 | 0.91 | 1.68 |
| Allarity Therapeutics, Inc. (ALLR)vs › | $15.91M | 1.11 | 2.09 | 1.19 | 1.02 |
| Dyadic International, Inc. (DYAI)vs › | $16.54M | 1.65 | 3.34 | 3.94 | 7.05 |
| Bionano Genomics, Inc. (BNGO)vs › | $16.58M | 1.96 | 1.25 | 1.80 | 4.00 |
| Cocrystal Pharma, Inc. (COCP)vs › | $15.30M | 1.24 | 4.22 | 12.60 | 18.98 |
| Citius Pharmaceuticals, Inc. (CTXR)vs › | $14.28M | 0.40 | 0.15 | 4.02 | 6.30 |
| Estrella Immunopharma, Inc. (ESLA)vs › | $18.77M | 0.20 | 0.34 | 6.34 | 6.11 |
| Cosmos Health Inc. (COSM)vs › | $18.82M | 0.92 | 0.83 | 1.35 | 1.29 |
| IN8bio, Inc. (INAB)vs › | $13.62M | 8.21 | 6.45 | 5.32 | 7.60 |
| Vyome Holdings, Inc. (HIND)vs › | $13.55M | 4.37 | 1.21 | 1.25 | 1.53 |
Quick Ratio
2.09
Excludes inventory
Current Ratio
2.09
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 | 2.09 |
| 2026-03-31 | 0.41 |
| 2025-12-31 | 1.12 |
| 2025-09-30 | 1.62 |
| 2025-06-30 | 0.33 |
| 2025-03-31 | 0.36 |
| 2024-12-31 | 1.13 |
| 2024-09-30 | 1.78 |
| 2024-06-30 | 0.39 |
| 2024-03-31 | 0.31 |
| 2023-12-31 | 0.40 |
| 2023-09-30 | 0.64 |
| 2023-06-30 | 1.29 |
| 2023-03-31 | 1.32 |
| 2022-12-31 | 2.19 |
| 2022-09-30 | 1.94 |
| 2022-06-30 | 3.00 |
| 2022-03-31 | 2.72 |
| 2021-12-31 | 3.63 |
| 2021-09-30 | 4.34 |
| 2021-06-30 | 4.34 |
| 2021-03-31 | 4.77 |
| 2020-12-31 | 5.33 |
| 2020-09-30 | 1.99 |
| 2020-06-30 | 2.66 |
| 2020-03-31 | 0.71 |
| 2019-12-31 | 1.59 |
| 2019-09-30 | 2.27 |
| 2019-06-30 | 0.28 |
| 2019-03-31 | 1.03 |
| 2018-12-31 | 2.39 |
| 2018-09-30 | 2.06 |
| 2018-06-30 | 4.02 |
| 2018-03-31 | 4.74 |
| 2017-12-31 | 5.63 |
| 2017-09-30 | 7.70 |
| 2017-06-30 | 10.78 |
| 2017-03-31 | 14.18 |
| 2016-12-31 | 15.08 |
| 2016-09-30 | 56.87 |
| 2016-06-30 | 1.37 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 1311.70 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 3424.25 |
| 2015-03-31 | 5.65 |
| 2014-12-31 | 13545.00 |
| 2014-09-30 | 2697.60 |
| 2014-06-30 | 13441.00 |
| 2014-03-31 | 13375.00 |
| 2013-12-31 | 740.44 |
| 2013-09-30 | 4436.00 |
| 2013-06-30 | 4425.67 |
| 2013-03-31 | 1327.50 |
| 2012-12-31 | 1108.42 |
| 2012-09-30 | 94.97 |
| 2012-06-30 | 91.13 |
| 2012-03-31 | 19.18 |
| 2011-12-31 | 18.17 |
| 2011-09-30 | 18.82 |
| 2011-06-30 | 54.24 |
| 2011-03-31 | 0.29 |
| 2010-12-31 | 0.30 |
| 2010-09-30 | 0.42 |
| 2010-06-30 | 1.23 |
| 2010-03-31 | 2.47 |
| 2009-12-31 | 6.28 |
| 2009-09-30 | 1.88 |
| 2009-06-30 | 3.00 |
| 2009-03-31 | 2.17 |
| 2008-12-31 | 4.36 |
| 2008-09-30 | 5.30 |
| 2008-06-30 | 181.33 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 154.30 |
| 2007-09-30 | 16.75 |
| 2007-06-30 | 3.37 |
| 2007-03-31 | 4.57 |
| 2006-12-31 | 3.37 |
| 2006-09-30 | 7.49 |
| 2006-06-30 | 5.76 |
| 2006-03-31 | 5.25 |
| 2005-12-31 | 5.24 |
| 2005-09-30 | 1.65 |
| 2005-06-30 | 1.25 |
| 2005-03-31 | 1.25 |
| 2004-12-31 | 1.79 |
| 2004-09-30 | 1.85 |
| 2004-06-30 | 2.23 |
| 2004-03-31 | 2.25 |
| 2003-12-31 | 2.56 |
| 2003-09-30 | 2.41 |
| 2003-06-30 | 2.55 |
| 2003-03-31 | 2.60 |
| 2002-12-31 | 2.89 |
| 2002-09-30 | 3.02 |
