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 9.66 is 31% above its 5-year average of 7.38, around the middle of its 5-year range (1.92–13.78).
As of the fiscal period ended Tuesday, June 30, 2026. 5.35% above its 12-month average of 9.17.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 9.66.
QUICK RATIO (ACID-TEST)
9.66
QUICK RATIO (ACID-TEST) AVG TTM
9.17
QUICK RATIO (ACID-TEST) AVG 3Y
6.86
QUICK RATIO (ACID-TEST) AVG 5Y
7.38
QUICK RATIO (ACID-TEST) AVG 10Y
11.18
QUICK RATIO (ACID-TEST) AVG 15Y
9.94
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.35%
CURRENT VS 3Y AVG
+40.81%
CURRENT VS 5Y AVG
+30.81%
CURRENT VS 10Y AVG
-13.61%
CURRENT VS 15Y AVG
-2.80%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 511 covered companies
CURRENT VS SECTOR MEDIAN
+222.97%
vs the sector median at left
Crescent Biopharma, Inc.
Market Cap
$534.87M
Quick Ratio (Acid-Test)
9.66
TTM Avg
9.17
3Y Avg
6.86
5Y Avg
7.38
Market Cap
$548.86M
Quick Ratio (Acid-Test)
8.95
TTM Avg
10.43
3Y Avg
5.97
5Y Avg
5.34
Market Cap
$541.30M
Quick Ratio (Acid-Test)
25.13
TTM Avg
6.17
3Y Avg
7.34
5Y Avg
19.91
Market Cap
$557.32M
Quick Ratio (Acid-Test)
9.36
TTM Avg
2.17
3Y Avg
1.76
5Y Avg
2.63
Market Cap
$521.19M
Quick Ratio (Acid-Test)
26.78
TTM Avg
15.83
3Y Avg
15.06
5Y Avg
15.09
Market Cap
$566.22M
Quick Ratio (Acid-Test)
2.36
TTM Avg
2.55
3Y Avg
5.33
5Y Avg
7.55
Market Cap
$570.25M
Quick Ratio (Acid-Test)
6.74
TTM Avg
3.69
3Y Avg
2.52
5Y Avg
2.35
Market Cap
$514.28M
Quick Ratio (Acid-Test)
10.72
TTM Avg
8.23
3Y Avg
9.67
5Y Avg
9.58
Market Cap
$568.83M
Quick Ratio (Acid-Test)
5.42
TTM Avg
12.18
3Y Avg
12.18
5Y Avg
12.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Crescent Biopharma, Inc. (CBIO) | $534.87M | 9.66 | 9.17 | 6.86 | 7.38 |
| Delcath Systems, Inc. (DCTH)vs › | $548.86M | 8.95 | 10.43 | 5.97 | 5.34 |
| Immix Biopharma, Inc. (IMMX)vs › | $541.30M | 25.13 | 6.17 | 7.34 | 19.91 |
| CytomX Therapeutics, Inc. (CTMX)vs › | $557.32M | 9.36 | 2.17 | 1.76 | 2.63 |
| Altimmune, Inc. (ALT)vs › | $521.19M | 26.78 | 15.83 | 15.06 | 15.09 |
| CorMedix Inc. (CRMD)vs › | $566.22M | 2.36 | 2.55 | 5.33 | 7.55 |
| Aquestive Therapeutics, Inc. (AQST)vs › | $570.25M | 6.74 | 3.69 | 2.52 | 2.35 |
| Allogene Therapeutics, Inc. (ALLO)vs › | $514.28M | 10.72 | 8.23 | 9.67 | 9.58 |
| BlossomHill Therapeutics, Inc. (BLSM)vs › | $568.83M | 5.42 | 12.18 | 12.18 | 12.18 |
| NeoGenomics, Inc. (NEO)vs › | $514.16M | 3.35 | 2.92 | 4.56 | 5.25 |
Quick Ratio
9.66
Excludes inventory
Current Ratio
9.66
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 | 9.66 |
| 2026-03-31 | 13.78 |
| 2025-12-31 | 6.56 |
| 2025-09-30 | 6.63 |
| 2025-06-30 | 9.21 |
| 2025-03-31 | 2.29 |
| 2024-12-31 | 1.92 |
| 2024-09-30 | 3.62 |
| 2024-06-30 | 5.48 |
| 2024-03-31 | 6.28 |
| 2023-12-31 | 6.41 |
| 2023-09-30 | 8.14 |
| 2023-06-30 | 9.19 |
| 2023-03-31 | 10.10 |
| 2022-12-31 | 5.71 |
| 2022-09-30 | 6.95 |
| 2022-06-30 | 6.85 |
| 2022-03-31 | 6.06 |
| 2021-12-31 | 7.68 |
| 2021-09-30 | 10.78 |
| 2021-06-30 | 11.74 |
| 2021-03-31 | 12.33 |
| 2020-12-31 | 11.13 |
| 2020-09-30 | 14.83 |
| 2020-06-30 | 15.81 |
| 2020-03-31 | 14.78 |
| 2019-12-31 | 14.84 |
| 2019-09-30 | 16.75 |
| 2019-06-30 | 17.54 |
| 2019-03-31 | 23.88 |
| 2018-12-31 | 24.22 |
| 2018-09-30 | 34.57 |
| 2018-06-30 | 33.10 |
| 2018-03-31 | 28.30 |
| 2017-12-31 | 15.56 |
| 2017-09-30 | 17.44 |
| 2017-06-30 | 21.97 |
| 2017-03-31 | 7.78 |
| 2016-12-31 | 6.37 |
| 2016-09-30 | 8.59 |
| 2016-06-30 | 8.81 |
| 2016-03-31 | 6.95 |
| 2015-12-31 | 6.10 |
| 2015-09-30 | 7.95 |
| 2015-06-30 | 8.94 |
| 2015-03-31 | 11.54 |
| 2014-12-31 | 8.69 |
| 2014-09-30 | 13.14 |
| 2014-06-30 | 18.65 |
| 2014-03-31 | 21.83 |
| 2013-12-31 | 2.14 |
| 2013-09-30 | 3.13 |
| 2013-06-30 | 6.68 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 3.16 |
| 2012-09-30 | 0.00 |