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 1.07 is 34% below its 5-year average of 1.62, near the low end of its 5-year range (1.06–2.34).
As of the fiscal period ended Tuesday, June 30, 2026. 10.29% below its 12-month average of 1.19.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.07.
QUICK RATIO (ACID-TEST)
1.07
QUICK RATIO (ACID-TEST) AVG TTM
1.19
QUICK RATIO (ACID-TEST) AVG 3Y
1.48
QUICK RATIO (ACID-TEST) AVG 5Y
1.62
QUICK RATIO (ACID-TEST) AVG 10Y
2.37
QUICK RATIO (ACID-TEST) AVG 15Y
2.32
QUICK RATIO (ACID-TEST) AVG 20Y
2.45
CURRENT VS TTM AVG
-10.29%
CURRENT VS 3Y AVG
-27.77%
CURRENT VS 5Y AVG
-34.19%
CURRENT VS 10Y AVG
-55.00%
CURRENT VS 15Y AVG
-53.99%
CURRENT VS 20Y AVG
-56.41%
SECTOR MEDIAN · HEALTHCARE
3.20
median of 738 covered companies
CURRENT VS SECTOR MEDIAN
-66.62%
vs the sector median at left
Cerus Corporation
Market Cap
$474.59M
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.19
3Y Avg
1.48
5Y Avg
1.62
Market Cap
$473.31M
Quick Ratio (Acid-Test)
121.97
TTM Avg
23.71
3Y Avg
19.95
5Y Avg
19.50
Market Cap
$472.52M
Quick Ratio (Acid-Test)
37.17
TTM Avg
24.09
3Y Avg
19.47
5Y Avg
19.38
Market Cap
$479.39M
Quick Ratio (Acid-Test)
7.91
TTM Avg
4.78
3Y Avg
4.69
5Y Avg
6.49
Market Cap
$466.84M
Quick Ratio (Acid-Test)
4.67
TTM Avg
9.07
3Y Avg
10.56
5Y Avg
11.63
Market Cap
$487.36M
Quick Ratio (Acid-Test)
2.64
TTM Avg
1.69
3Y Avg
1.64
5Y Avg
1.50
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cerus Corporation (CERS) | $474.59M | 1.07 | 1.19 | 1.48 | 1.62 |
| Bright Minds Biosciences Inc. (DRUG)vs › | $473.31M | 121.97 | 23.71 | 19.95 | 19.50 |
| Kamada Ltd. (KMDA)vs › | $472.65M | 2.29 | 2.21 | 1.73 | 2.24 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $472.52M | 37.17 | 24.09 | 19.47 | 19.38 |
| Arvinas, Inc. (ARVN)vs › | $479.39M | 7.91 | 4.78 | 4.69 | 6.49 |
| Sight Sciences, Inc. (SGHT)vs › | $466.84M | 4.67 | 9.07 | 10.56 | 11.63 |
| Puma Biotechnology, Inc. (PBYI)vs › | $487.36M | 2.64 | 1.69 | 1.64 | 1.50 |
| NRC Health (NRC)vs › | $460.65M | 0.65 | 0.55 | 0.77 | 1.10 |
| Evolus, Inc. (EOLS)vs › | $490.62M | 1.28 | 1.88 | 1.90 | 1.89 |
| Oculis Holding AG (OCS)vs › | $498.01M | 8.35 | 4.17 | 3.90 | 4.80 |
Quick Ratio
1.07
Excludes inventory
Current Ratio
1.83
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 | 1.07 |
| 2026-03-31 | 1.06 |
| 2025-12-31 | 1.17 |
| 2025-09-30 | 1.29 |
| 2025-06-30 | 1.35 |
| 2025-03-31 | 1.63 |
| 2024-12-31 | 1.79 |
| 2024-09-30 | 1.92 |
| 2024-06-30 | 1.83 |
| 2024-03-31 | 1.72 |
| 2023-12-31 | 1.55 |
| 2023-09-30 | 1.35 |
| 2023-06-30 | 1.47 |
| 2023-03-31 | 1.62 |
| 2022-12-31 | 1.21 |
| 2022-09-30 | 1.44 |
| 2022-06-30 | 1.73 |
| 2022-03-31 | 2.16 |
| 2021-12-31 | 2.04 |
| 2021-09-30 | 2.30 |
| 2021-06-30 | 2.34 |
| 2021-03-31 | 2.87 |
| 2020-12-31 | 2.67 |
| 2020-09-30 | 3.42 |
| 2020-06-30 | 3.72 |
| 2020-03-31 | 3.47 |
| 2019-12-31 | 2.16 |
| 2019-09-30 | 2.31 |
| 2019-06-30 | 2.33 |
| 2019-03-31 | 2.50 |
| 2018-12-31 | 2.53 |
| 2018-09-30 | 3.17 |
| 2018-06-30 | 4.57 |
| 2018-03-31 | 5.10 |
| 2017-12-31 | 3.26 |
| 2017-09-30 | 3.11 |
| 2017-06-30 | 2.45 |
| 2017-03-31 | 2.37 |
| 2016-12-31 | 3.03 |
| 2016-09-30 | 4.19 |
| 2016-06-30 | 3.89 |
| 2016-03-31 | 4.74 |
| 2015-12-31 | 5.46 |
| 2015-09-30 | 5.80 |
| 2015-06-30 | 5.89 |
| 2015-03-31 | 5.29 |
| 2014-12-31 | 2.07 |
| 2014-09-30 | 2.80 |
| 2014-06-30 | 2.62 |
| 2014-03-31 | 2.05 |
| 2013-12-31 | 1.65 |
| 2013-09-30 | 1.45 |
| 2013-06-30 | 2.46 |
| 2013-03-31 | 2.74 |
| 2012-12-31 | 1.32 |
| 2012-09-30 | 1.24 |
| 2012-06-30 | 1.39 |
| 2012-03-31 | 1.38 |
| 2011-12-31 | 1.58 |
| 2011-09-30 | 1.49 |
| 2011-06-30 | 1.04 |
| 2011-03-31 | 1.36 |
| 2010-12-31 | 1.82 |
| 2010-09-30 | 1.22 |
| 2010-06-30 | 1.58 |
| 2010-03-31 | 2.16 |
| 2009-12-31 | 1.91 |
| 2009-09-30 | 1.76 |
| 2009-06-30 | 1.57 |
| 2009-03-31 | 1.98 |
| 2008-12-31 | 2.40 |
| 2008-09-30 | 3.00 |
| 2008-06-30 | 2.95 |
| 2008-03-31 | 4.05 |
| 2007-12-31 | 3.65 |
| 2007-09-30 | 4.88 |
| 2007-06-30 | 5.93 |
| 2007-03-31 | 8.12 |
| 2006-12-31 | 6.81 |
| 2006-09-30 | 5.01 |
| 2006-06-30 | 4.74 |
| 2006-03-31 | 4.16 |
| 2005-12-31 | 2.19 |
| 2005-09-30 | 4.49 |
| 2005-06-30 | 4.43 |
| 2005-03-31 | 4.28 |
| 2004-12-31 | 1.37 |
| 2004-09-30 | 1.43 |
| 2004-06-30 | 1.52 |
| 2004-03-31 | 1.75 |
| 2003-12-31 | 1.84 |
| 2003-09-30 | 1.93 |
| 2003-06-30 | 9.73 |
| 2003-03-31 | 7.13 |
| 2002-12-31 | 4.18 |
| 2002-09-30 | 4.58 |