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 3.61 is 50% below its 5-year average of 7.19, near the low end of its 5-year range (0.11–37.95).
As of the fiscal period ended Tuesday, June 30, 2026. 88.80% above its 12-month average of 1.91.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.61.
QUICK RATIO (ACID-TEST)
3.61
QUICK RATIO (ACID-TEST) AVG TTM
1.91
QUICK RATIO (ACID-TEST) AVG 3Y
6.01
QUICK RATIO (ACID-TEST) AVG 5Y
7.19
QUICK RATIO (ACID-TEST) AVG 10Y
2.27
QUICK RATIO (ACID-TEST) AVG 15Y
2.34
QUICK RATIO (ACID-TEST) AVG 20Y
2.81
CURRENT VS TTM AVG
+88.80%
CURRENT VS 3Y AVG
-39.92%
CURRENT VS 5Y AVG
-49.78%
CURRENT VS 10Y AVG
+59.14%
CURRENT VS 15Y AVG
+54.34%
CURRENT VS 20Y AVG
+28.39%
SECTOR MEDIAN · HEALTHCARE
3.20
median of 776 covered companies
CURRENT VS SECTOR MEDIAN
+13.06%
vs the sector median at left
HeartBeam, Inc.
Market Cap
$32.62M
Quick Ratio (Acid-Test)
3.61
TTM Avg
1.91
3Y Avg
6.01
5Y Avg
7.19
Market Cap
$32.64M
Quick Ratio (Acid-Test)
3.00
TTM Avg
2.92
3Y Avg
2.22
5Y Avg
2.59
Market Cap
$32.27M
Quick Ratio (Acid-Test)
0.06
TTM Avg
0.11
3Y Avg
0.26
5Y Avg
0.23
Market Cap
$33.15M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.16
3Y Avg
0.31
5Y Avg
0.42
Market Cap
$33.66M
Quick Ratio (Acid-Test)
2.19
TTM Avg
3.38
3Y Avg
4.17
5Y Avg
5.03
Market Cap
$31.44M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.38
3Y Avg
1.35
5Y Avg
1.37
Market Cap
$31.36M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.70
3Y Avg
1.87
5Y Avg
1.80
Market Cap
$34.20M
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.82
3Y Avg
0.89
5Y Avg
0.96
Market Cap
$31.02M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HeartBeam, Inc. (BEAT) | $32.62M | 3.61 | 1.91 | 6.01 | 7.19 |
| Rockwell Medical, Inc. (RMTI)vs › | $32.64M | 3.00 | 2.92 | 2.22 | 2.59 |
| Scilex Holding Company (SCLX)vs › | $32.27M | 0.06 | 0.11 | 0.26 | 0.23 |
| EUDA Health Holdings Limited (EUDA)vs › | $33.15M | 0.18 | 0.16 | 0.31 | 0.42 |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.66M | 2.19 | 3.38 | 4.17 | 5.03 |
| Nortech Systems Incorporated (NSYS)vs › | $31.44M | 1.10 | 1.38 | 1.35 | 1.37 |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $31.36M | 1.26 | 1.70 | 1.87 | 1.80 |
| Accuray Incorporated (ARAY)vs › | $34.20M | 0.74 | 0.82 | 0.89 | 0.96 |
| BeyondSpring Inc. (BYSI)vs › | $31.02M | 0.70 | 2.07 | 2.92 | 4.15 |
| SCYNEXIS, Inc. (SCYX)vs › | $30.94M | 9.65 | 5.02 | 5.18 | 5.41 |
Quick Ratio
3.61
Excludes inventory
Current Ratio
3.66
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 | 3.61 |
| 2026-03-31 | 0.70 |
| 2025-12-31 | 1.41 |
| 2025-09-30 | 0.86 |
| 2025-06-30 | 2.98 |
| 2025-03-31 | 5.46 |
| 2024-12-31 | 1.71 |
| 2024-09-30 | 3.31 |
| 2024-06-30 | 6.83 |
| 2024-03-31 | 12.07 |
| 2023-12-31 | 14.09 |
| 2023-09-30 | 19.12 |
| 2023-06-30 | 37.95 |
| 2023-03-31 | 0.63 |
| 2022-12-31 | 2.43 |
| 2022-09-30 | 7.16 |
| 2022-06-30 | 12.65 |
| 2022-03-31 | 24.79 |
| 2021-12-31 | 23.81 |
| 2021-09-30 | 0.16 |
| 2021-06-30 | 0.11 |
| 2021-03-31 | 0.02 |
| 2020-12-31 | 0.01 |
| 2020-09-30 | 2.72 |
| 2020-06-30 | 2.42 |
| 2020-03-31 | 4.19 |
| 2019-12-31 | 2.92 |
| 2019-09-30 | 2.35 |
| 2019-06-30 | 2.09 |
| 2019-03-31 | 1.84 |
| 2018-12-31 | 2.81 |
| 2018-09-30 | 2.50 |
| 2018-06-30 | 2.12 |
| 2018-03-31 | 1.83 |
| 2017-12-31 | 1.66 |
| 2017-09-30 | 1.48 |
| 2017-06-30 | 1.91 |
| 2017-03-31 | 1.76 |
| 2016-12-31 | 1.73 |
| 2016-09-30 | 1.51 |
| 2016-06-30 | 1.94 |
| 2016-03-31 | 2.01 |
| 2015-12-31 | 1.87 |
| 2015-09-30 | 1.64 |
| 2015-06-30 | 1.46 |
| 2015-03-31 | 1.43 |
| 2014-12-31 | 1.33 |
| 2014-09-30 | 1.14 |
| 2014-06-30 | 1.08 |
| 2014-03-31 | 1.24 |
| 2013-12-31 | 2.19 |
| 2013-09-30 | 2.01 |
| 2013-06-30 | 2.00 |
| 2013-03-31 | 2.15 |
| 2012-12-31 | 2.19 |
| 2012-09-30 | 2.28 |
| 2012-06-30 | 4.26 |
| 2012-03-31 | 4.48 |
| 2011-12-31 | 4.58 |
| 2011-09-30 | 4.72 |
| 2011-06-30 | 5.13 |
| 2011-03-31 | 5.13 |
| 2010-12-31 | 4.40 |
| 2010-09-30 | 5.94 |
| 2010-06-30 | 6.14 |
| 2010-03-31 | 5.78 |
| 2009-12-31 | 5.31 |
| 2009-09-30 | 7.00 |
| 2009-06-30 | 7.88 |
| 2009-03-31 | 6.32 |
| 2008-12-31 | 6.73 |
| 2008-09-30 | 4.31 |
| 2008-06-30 | 5.83 |
| 2008-03-31 | 5.20 |
| 2007-12-31 | 3.45 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 1.94 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.44 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
