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 1.37 is in line with its 5-year average of 1.48, near the low end of its 5-year range (0.34–4.49).
As of the fiscal period ended Tuesday, June 30, 2026. 7.45% below its 12-month average of 1.48.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.37.
QUICK RATIO (ACID-TEST)
1.37
QUICK RATIO (ACID-TEST) AVG TTM
1.48
QUICK RATIO (ACID-TEST) AVG 3Y
1.02
QUICK RATIO (ACID-TEST) AVG 5Y
1.48
QUICK RATIO (ACID-TEST) AVG 10Y
1.15
QUICK RATIO (ACID-TEST) AVG 15Y
1.35
QUICK RATIO (ACID-TEST) AVG 20Y
1.65
CURRENT VS TTM AVG
-7.45%
CURRENT VS 3Y AVG
+34.92%
CURRENT VS 5Y AVG
-6.89%
CURRENT VS 10Y AVG
+19.44%
CURRENT VS 15Y AVG
+1.75%
CURRENT VS 20Y AVG
-16.93%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-59.05%
vs the sector median at left
Cerenome, Inc.
Market Cap
$10.94M
Quick Ratio (Acid-Test)
1.37
TTM Avg
1.48
3Y Avg
1.02
5Y Avg
1.48
Market Cap
$11.00M
Quick Ratio (Acid-Test)
2.64
TTM Avg
6.08
3Y Avg
6.44
5Y Avg
4.53
Market Cap
$11.02M
Quick Ratio (Acid-Test)
3.69
TTM Avg
5.96
3Y Avg
7.84
5Y Avg
10.45
Market Cap
$10.83M
Quick Ratio (Acid-Test)
36.37
TTM Avg
19.59
3Y Avg
9.84
5Y Avg
7.09
Market Cap
$11.08M
Quick Ratio (Acid-Test)
8.97
TTM Avg
5.46
3Y Avg
4.04
5Y Avg
3.77
Market Cap
$11.12M
Quick Ratio (Acid-Test)
3.07
TTM Avg
5.09
3Y Avg
9.39
5Y Avg
12.46
Market Cap
$11.36M
Quick Ratio (Acid-Test)
4.93
TTM Avg
13.09
3Y Avg
13.09
5Y Avg
13.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cerenome, Inc. (CNSY) | $10.94M | 1.37 | 1.48 | 1.02 | 1.48 |
| CytoMed Therapeutics Limited (GDTC)vs › | $11.00M | 2.64 | 6.08 | 6.44 | 4.53 |
| Lisata Therapeutics, Inc. (LSTA)vs › | $11.02M | 3.69 | 5.96 | 7.84 | 10.45 |
| BioVie Inc. (BIVI)vs › | $10.86M | 3.59 | 6.34 | 4.40 | 4.46 |
| Polyrizon Ltd. (PLRZ)vs › | $10.83M | 36.37 | 19.59 | 9.84 | 7.09 |
| Kiora Pharmaceuticals, Inc. (KPRX)vs › | $11.08M | 8.97 | 5.46 | 4.04 | 3.77 |
| VistaGen Therapeutics, Inc. (VTGN)vs › | $11.12M | 3.07 | 5.09 | 9.39 | 12.46 |
| Pluri Inc. (PLUR)vs › | $10.68M | 0.27 | 0.48 | 3.83 | 4.93 |
| Caring Brands, Inc. (CABR)vs › | $11.36M | 4.93 | 13.09 | 13.09 | 13.09 |
| Adial Pharmaceuticals, Inc. (ADIL)vs › | $10.45M | 5.63 | 4.29 | 4.04 | 3.65 |
Quick Ratio
1.37
Excludes inventory
Current Ratio
1.37
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 | 1.37 |
| 2026-03-31 | 2.27 |
| 2025-12-31 | 1.23 |
| 2025-09-30 | 1.29 |
| 2025-06-30 | 1.26 |
| 2025-03-31 | 1.03 |
| 2024-12-31 | 0.34 |
| 2024-09-30 | 0.44 |
| 2024-06-30 | 0.50 |
| 2024-03-31 | 0.41 |
| 2023-12-31 | 0.92 |
| 2023-09-30 | 1.10 |
| 2023-06-30 | 1.08 |
| 2023-03-31 | 1.07 |
| 2022-12-31 | 1.84 |
| 2022-09-30 | 2.81 |
| 2022-06-30 | 2.71 |
| 2022-03-31 | 4.49 |
| 2021-12-31 | 3.36 |
| 2021-09-30 | 2.33 |
| 2021-06-30 | 2.15 |
| 2021-03-31 | 1.86 |
| 2020-12-31 | 1.07 |
| 2020-09-30 | 1.02 |
| 2020-06-30 | 1.09 |
| 2020-03-31 | 1.17 |
| 2019-12-31 | 1.36 |
| 2019-09-30 | 1.54 |
| 2019-06-30 | 0.37 |
| 2019-03-31 | 0.30 |
| 2018-12-31 | 0.38 |
| 2018-09-30 | 0.45 |
| 2018-06-30 | 0.25 |
| 2018-03-31 | 0.42 |
| 2017-12-31 | 0.63 |
| 2017-09-30 | 0.34 |
| 2017-06-30 | 0.86 |
| 2017-03-31 | 0.62 |
| 2016-12-31 | 1.20 |
| 2016-09-30 | 1.57 |
| 2016-06-30 | 2.20 |
| 2016-03-31 | 1.24 |
| 2015-12-31 | 2.01 |
| 2015-09-30 | 2.27 |
| 2015-06-30 | 2.77 |
| 2015-03-31 | 0.82 |
| 2014-12-31 | 1.06 |
| 2014-09-30 | 0.66 |
| 2014-06-30 | 0.96 |
| 2014-03-31 | 1.20 |
| 2013-12-31 | 1.40 |
| 2013-09-30 | 1.10 |
| 2013-06-30 | 2.26 |
| 2013-03-31 | 1.23 |
| 2012-12-31 | 1.75 |
| 2012-09-30 | 1.31 |
| 2012-06-30 | 2.33 |
| 2012-03-31 | 3.37 |
| 2011-12-31 | 5.12 |
| 2011-09-30 | 6.75 |
| 2011-06-30 | 2.34 |
| 2011-03-31 | 3.10 |
| 2010-12-31 | 4.20 |
| 2010-09-30 | 3.47 |
| 2010-06-30 | 5.71 |
| 2010-03-31 | 3.70 |
| 2009-12-31 | 1.90 |
| 2009-09-30 | 2.43 |
| 2009-06-30 | 2.54 |
| 2009-03-31 | 2.59 |
| 2008-12-31 | 2.11 |
| 2008-09-30 | 2.38 |
| 2008-06-30 | 0.98 |
| 2008-03-31 | 1.22 |
| 2007-12-31 | 1.52 |
| 2007-09-30 | 3.53 |
| 2007-06-30 | 4.86 |
| 2007-03-31 | 4.23 |
| 2006-12-31 | 2.10 |
| 2006-09-30 | 3.37 |
| 2006-06-30 | 2.02 |
| 2006-03-31 | 3.09 |
| 2005-12-31 | 2.44 |
| 2005-09-30 | 2.41 |
| 2005-06-30 | 4.97 |
| 2005-03-31 | 3.26 |
| 2004-12-31 | 4.67 |
| 2004-09-30 | 6.03 |
| 2004-06-30 | 6.07 |
| 2004-03-31 | 5.02 |
| 2003-12-31 | 3.59 |
| 2003-09-30 | 4.84 |
| 2003-06-30 | 8.45 |
| 2003-03-31 | 10.25 |
| 2002-12-31 | 9.23 |
| 2002-09-30 | 12.60 |