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 2.11 is 22% below its 5-year average of 2.70, near the low end of its 5-year range (2.09–3.56).
As of the fiscal period ended Saturday, May 2, 2026. 7.73% below its 12-month average of 2.29.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.11
QUICK RATIO (ACID-TEST) AVG TTM
2.29
QUICK RATIO (ACID-TEST) AVG 3Y
2.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.70
QUICK RATIO (ACID-TEST) AVG 10Y
2.51
QUICK RATIO (ACID-TEST) AVG 15Y
2.39
QUICK RATIO (ACID-TEST) AVG 20Y
2.39
CURRENT VS TTM AVG
-7.73%
CURRENT VS 3Y AVG
-18.53%
CURRENT VS 5Y AVG
-21.94%
CURRENT VS 10Y AVG
-16.12%
CURRENT VS 15Y AVG
-11.74%
CURRENT VS 20Y AVG
-11.60%
SECTOR MEDIAN · TECHNOLOGY
1.80
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+17.16%
vs the sector median at left
Ciena Corporation
Market Cap
$56.33B
Quick Ratio (Acid-Test)
2.11
TTM Avg
2.29
3Y Avg
2.59
5Y Avg
2.70
Market Cap
$56.18B
Quick Ratio (Acid-Test)
9.36
TTM Avg
10.50
3Y Avg
7.51
5Y Avg
7.51
Market Cap
$58.36B
Quick Ratio (Acid-Test)
1.51
TTM Avg
2.02
3Y Avg
2.08
5Y Avg
2.18
Market Cap
$59.33B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.49
3Y Avg
1.49
5Y Avg
1.54
Market Cap
$52.92B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.00
3Y Avg
1.15
5Y Avg
1.37
Market Cap
$62.87B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.06
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $56.33B | 2.11 | 2.29 | 2.59 | 2.70 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $56.18B | 9.36 | 10.50 | 7.51 | 7.51 |
| Teradyne, Inc. (TER)vs › | $57.68B | 1.76 | 1.63 | 1.81 | 2.08 |
| Keysight Technologies, Inc. (KEYS)vs › | $58.36B | 1.51 | 2.02 | 2.08 | 2.18 |
| Autodesk, Inc. (ADSK)vs › | $54.18B | N/A | 0.77 | 0.80 | 0.79 |
| NXP Semiconductors N.V. (NXPI)vs › | $59.33B | 1.36 | 1.49 | 1.49 | 1.54 |
| Electronic Arts Inc. (EA)vs › | $52.92B | N/A | 1.00 | 1.15 | 1.37 |
| Garmin Ltd. (GRMN)vs › | $60.42B | 2.08 | 2.58 | 2.39 | 2.36 |
| TE Connectivity plc (TEL)vs › | $62.87B | 1.23 | 1.06 | 1.07 | 1.06 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $49.14B | N/A | 0.43 | 0.45 | 0.45 |
Quick Ratio
2.11
Excludes inventory
Current Ratio
2.73
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) |
|---|---|
| 2026-05-02 | 2.11 |
| 2026-01-31 | 2.14 |
| 2025-11-01 | 2.09 |
| 2025-08-02 | 2.52 |
| 2025-05-03 | 2.57 |
| 2025-02-01 | 2.77 |
| 2024-11-02 | 2.70 |
| 2024-07-27 | 2.97 |
| 2024-04-27 | 2.74 |
| 2024-01-27 | 3.09 |
| 2023-10-31 | 2.68 |
| 2023-07-29 | 2.69 |
| 2023-04-29 | 2.62 |
| 2023-01-28 | 2.54 |
| 2022-10-31 | 2.34 |
| 2022-07-30 | 2.58 |
| 2022-04-30 | 3.10 |
| 2022-01-29 | 3.56 |
| 2021-10-31 | 3.07 |
| 2021-07-31 | 3.16 |
| 2021-05-01 | 3.06 |
| 2021-01-30 | 3.21 |
| 2020-10-31 | 2.96 |
| 2020-08-01 | 3.05 |
| 2020-05-02 | 2.81 |
| 2020-01-31 | 2.61 |
| 2019-10-31 | 2.39 |
| 2019-07-31 | 2.45 |
| 2019-04-30 | 2.36 |
| 2019-01-31 | 2.52 |
| 2018-10-31 | 1.93 |
| 2018-07-31 | 1.76 |
| 2018-04-30 | 1.77 |
| 2018-01-31 | 1.79 |
| 2017-10-31 | 1.65 |
| 2017-07-31 | 2.46 |
| 2017-04-30 | 2.02 |
| 2017-01-31 | 2.01 |
| 2016-10-31 | 2.00 |
| 2016-07-31 | 1.73 |
| 2016-04-30 | 2.99 |
| 2016-01-31 | 2.78 |
| 2015-10-31 | 2.51 |
| 2015-08-01 | 2.66 |
| 2015-05-02 | 2.55 |
| 2015-01-31 | 1.85 |
| 2014-10-31 | 1.84 |
| 2014-07-31 | 1.74 |
| 2014-04-30 | 1.44 |
| 2014-01-31 | 1.84 |
| 2013-10-31 | 1.86 |
| 2013-07-31 | 1.98 |
| 2013-04-30 | 1.95 |
| 2013-01-31 | 1.68 |
| 2012-10-31 | 1.69 |
| 2012-07-31 | 1.66 |
| 2012-04-30 | 2.40 |
| 2012-01-31 | 2.47 |
| 2011-10-31 | 2.43 |
| 2011-07-31 | 2.46 |
| 2011-04-30 | 2.21 |
| 2011-01-31 | 2.42 |
| 2010-10-31 | 2.51 |
| 2010-07-31 | 2.36 |
| 2010-04-30 | 2.52 |
| 2010-01-31 | 5.37 |
| 2009-10-31 | 6.12 |
| 2009-07-31 | 6.55 |
| 2009-04-30 | 6.93 |
| 2009-01-31 | 6.26 |
| 2008-10-31 | 6.09 |
| 2008-07-31 | 6.23 |
| 2008-04-30 | 5.73 |
| 2008-01-31 | 7.50 |
| 2007-10-31 | 2.55 |
| 2007-07-31 | 2.55 |
| 2007-04-30 | 1.73 |
| 2007-01-31 | 6.23 |
| 2006-10-31 | 6.14 |
| 2006-07-31 | 6.63 |
| 2006-04-30 | 6.87 |
| 2006-01-31 | 5.22 |
| 2005-10-31 | 5.90 |
| 2005-07-31 | 5.81 |
| 2005-04-30 | 5.94 |
| 2005-01-31 | 6.42 |
| 2004-10-31 | 6.51 |
| 2004-07-31 | 4.23 |
| 2004-04-30 | 6.52 |
| 2004-01-31 | 6.19 |
| 2003-10-31 | 6.36 |
| 2003-07-31 | 7.13 |
| 2003-04-30 | 6.55 |
| 2003-01-31 | 5.64 |
| 2002-10-31 | 7.11 |
| 2002-07-31 | 6.80 |