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 6.66 is 155% above its 5-year average of 2.61, around the middle of its 5-year range (0.41–13.39).
As of the fiscal period ended Tuesday, June 30, 2026. 102.53% above its 12-month average of 3.29.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.66.
QUICK RATIO (ACID-TEST)
6.66
QUICK RATIO (ACID-TEST) AVG TTM
3.29
QUICK RATIO (ACID-TEST) AVG 3Y
1.87
QUICK RATIO (ACID-TEST) AVG 5Y
2.61
QUICK RATIO (ACID-TEST) AVG 10Y
4.75
QUICK RATIO (ACID-TEST) AVG 15Y
4.42
QUICK RATIO (ACID-TEST) AVG 20Y
4.04
CURRENT VS TTM AVG
+102.53%
CURRENT VS 3Y AVG
+256.78%
CURRENT VS 5Y AVG
+155.18%
CURRENT VS 10Y AVG
+40.17%
CURRENT VS 15Y AVG
+50.82%
CURRENT VS 20Y AVG
+64.94%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 771 covered companies
CURRENT VS SECTOR MEDIAN
+108.74%
vs the sector median at left
Cellectar Biosciences, Inc.
Market Cap
$12.94M
Quick Ratio (Acid-Test)
6.66
TTM Avg
3.29
3Y Avg
1.87
5Y Avg
2.61
Market Cap
$12.95M
Quick Ratio (Acid-Test)
0.50
TTM Avg
1.75
3Y Avg
2.03
5Y Avg
3.39
Market Cap
$13.11M
Quick Ratio (Acid-Test)
1.22
TTM Avg
3.07
3Y Avg
6.03
5Y Avg
8.35
Market Cap
$12.52M
Quick Ratio (Acid-Test)
1.96
TTM Avg
4.12
3Y Avg
11.35
5Y Avg
18.88
Market Cap
$12.73M
Quick Ratio (Acid-Test)
10.57
TTM Avg
6.64
3Y Avg
7.08
5Y Avg
4.73
Market Cap
$12.54M
Quick Ratio (Acid-Test)
0.99
TTM Avg
0.99
3Y Avg
1.05
5Y Avg
1.43
Market Cap
$13.48M
Quick Ratio (Acid-Test)
1.69
TTM Avg
0.14
3Y Avg
1.07
5Y Avg
2.78
Market Cap
$12.28M
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.32
3Y Avg
1.15
5Y Avg
1.64
Market Cap
$13.72M
Quick Ratio (Acid-Test)
4.37
TTM Avg
1.21
3Y Avg
1.25
5Y Avg
1.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cellectar Biosciences, Inc. (CLRB) | $12.94M | 6.66 | 3.29 | 1.87 | 2.61 |
| Cytosorbents Corporation (CTSO)vs › | $12.95M | 0.50 | 1.75 | 2.03 | 3.39 |
| Passage Bio, Inc. (PASG)vs › | $13.11M | 1.22 | 3.07 | 6.03 | 8.35 |
| Lantern Pharma Inc. (LTRN)vs › | $12.52M | 1.96 | 4.12 | 11.35 | 18.88 |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG)vs › | $12.73M | 10.57 | 6.64 | 7.08 | 4.73 |
| Dare Bioscience, Inc. (DARE)vs › | $12.54M | 0.99 | 0.99 | 1.05 | 1.43 |
| Optimi Health Corp. (OPTH)vs › | $13.48M | 1.69 | 0.14 | 1.07 | 2.78 |
| IRIDEX Corporation (IRIX)vs › | $12.28M | 1.08 | 1.32 | 1.15 | 1.64 |
| Vyome Holdings, Inc. (HIND)vs › | $13.72M | 4.37 | 1.21 | 1.25 | 1.53 |
| Sintx Technologies, Inc. (SINT)vs › | $13.83M | 1.60 | 1.72 | 1.47 | 3.47 |
Quick Ratio
6.66
Excludes inventory
Current Ratio
6.66
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 | 6.66 |
| 2026-03-31 | 1.90 |
| 2025-12-31 | 2.96 |
| 2025-09-30 | 2.77 |
| 2025-06-30 | 2.15 |
| 2025-03-31 | 2.47 |
| 2024-12-31 | 2.58 |
| 2024-09-30 | 1.77 |
| 2024-06-30 | 1.84 |
| 2024-03-31 | 1.45 |
| 2023-12-31 | 0.41 |
| 2023-09-30 | 1.22 |
| 2023-06-30 | 0.87 |
| 2023-03-31 | 1.99 |
| 2022-12-31 | 1.78 |
| 2022-09-30 | 2.88 |
| 2022-06-30 | 4.51 |
| 2022-03-31 | 6.75 |
| 2021-12-31 | 9.16 |
| 2021-09-30 | 13.07 |
| 2021-06-30 | 13.39 |
| 2021-03-31 | 10.84 |
| 2020-12-31 | 16.26 |
| 2020-09-30 | 5.01 |
| 2020-06-30 | 6.94 |
| 2020-03-31 | 2.58 |
| 2019-12-31 | 4.11 |
| 2019-09-30 | 4.95 |
| 2019-06-30 | 6.80 |
| 2019-03-31 | 5.04 |
| 2018-12-31 | 8.60 |
| 2018-09-30 | 6.43 |
| 2018-06-30 | 2.19 |
| 2018-03-31 | 3.63 |
| 2017-12-31 | 4.95 |
| 2017-09-30 | 3.14 |
| 2017-06-30 | 5.88 |
| 2017-03-31 | 8.71 |
| 2016-12-31 | 7.47 |
| 2016-09-30 | 4.31 |
| 2016-06-30 | 5.84 |
| 2016-03-31 | 0.80 |
| 2015-12-31 | 0.73 |
| 2015-09-30 | 0.54 |
| 2015-06-30 | 0.86 |
| 2015-03-31 | 1.23 |
| 2014-12-31 | 1.56 |
| 2014-09-30 | 5.77 |
| 2014-06-30 | 0.49 |
| 2014-03-31 | 0.92 |
| 2013-12-31 | 0.61 |
| 2013-09-30 | 1.19 |
| 2013-06-30 | 0.99 |
| 2013-03-31 | 1.23 |
| 2012-12-31 | 7.00 |
| 2012-09-30 | 8.13 |
| 2012-06-30 | 11.55 |
| 2012-03-31 | 7.95 |
| 2011-12-31 | 11.55 |
| 2011-09-30 | 4.04 |
| 2011-06-30 | 7.74 |
| 2011-03-31 | 2.44 |
| 2010-12-31 | 2.69 |
| 2010-09-30 | 0.54 |
| 2010-06-30 | 0.64 |
| 2010-03-31 | 0.98 |
| 2009-12-31 | 0.52 |
| 2009-09-30 | 0.80 |
| 2009-06-30 | 0.58 |
| 2009-03-31 | 1.43 |
| 2008-12-31 | 0.21 |
| 2008-09-30 | 0.63 |
| 2008-06-30 | 0.69 |
| 2008-03-31 | 0.69 |
| 2007-12-31 | 1.57 |
| 2007-09-30 | 3.29 |
| 2007-06-30 | 7.03 |
| 2007-03-31 | 7.34 |
| 2006-12-31 | 9.05 |
| 2006-09-30 | 12.90 |
| 2006-06-30 | 26.07 |
| 2006-03-31 | 37.47 |
| 2005-12-31 | 22.11 |
| 2005-09-30 | 8.13 |
| 2005-06-30 | 2.35 |
| 2005-03-31 | 0.00 |