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 1.24 is 92% below its 5-year average of 16.36, near the low end of its 5-year range (1.24–50.85).
As of the fiscal period ended Tuesday, June 30, 2026. 63.73% below its 12-month average of 3.41.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.24.
QUICK RATIO (ACID-TEST)
1.24
QUICK RATIO (ACID-TEST) AVG TTM
3.41
QUICK RATIO (ACID-TEST) AVG 3Y
6.42
QUICK RATIO (ACID-TEST) AVG 5Y
16.36
QUICK RATIO (ACID-TEST) AVG 10Y
9.72
QUICK RATIO (ACID-TEST) AVG 15Y
3.84
QUICK RATIO (ACID-TEST) AVG 20Y
2.89
CURRENT VS TTM AVG
-63.73%
CURRENT VS 3Y AVG
-80.74%
CURRENT VS 5Y AVG
-92.44%
CURRENT VS 10Y AVG
-87.27%
CURRENT VS 15Y AVG
-67.77%
CURRENT VS 20Y AVG
-57.13%
SECTOR MEDIAN · HEALTHCARE
2.99
median of 669 covered companies
CURRENT VS SECTOR MEDIAN
-58.63%
vs the sector median at left
Cocrystal Pharma, Inc.
Market Cap
$15.58M
Quick Ratio (Acid-Test)
1.24
TTM Avg
3.41
3Y Avg
6.42
5Y Avg
16.36
Market Cap
$15.75M
Quick Ratio (Acid-Test)
1.11
TTM Avg
2.09
3Y Avg
1.19
5Y Avg
1.02
Market Cap
$15.04M
Quick Ratio (Acid-Test)
26.25
TTM Avg
8.96
3Y Avg
10.61
5Y Avg
33.19
Market Cap
$16.15M
Quick Ratio (Acid-Test)
2.09
TTM Avg
1.13
3Y Avg
1.21
5Y Avg
2.30
Market Cap
$16.58M
Quick Ratio (Acid-Test)
1.65
TTM Avg
3.34
3Y Avg
3.94
5Y Avg
7.05
Market Cap
$15.03M
Quick Ratio (Acid-Test)
0.76
TTM Avg
1.36
3Y Avg
2.82
5Y Avg
3.25
Market Cap
$14.44M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$16.58M
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.25
3Y Avg
1.80
5Y Avg
4.00
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cocrystal Pharma, Inc. (COCP) | $15.58M | 1.24 | 3.41 | 6.42 | 16.36 |
| Allarity Therapeutics, Inc. (ALLR)vs › | $15.75M | 1.11 | 2.09 | 1.19 | 1.02 |
| Pasithea Therapeutics Corp. (KTTA)vs › | $15.04M | 26.25 | 8.96 | 10.61 | 33.19 |
| BioCardia, Inc. (BCDA)vs › | $16.15M | 2.09 | 1.13 | 1.21 | 2.30 |
| Dyadic International, Inc. (DYAI)vs › | $16.58M | 1.65 | 3.34 | 3.94 | 7.05 |
| Karyopharm Therapeutics Inc. (KPTI)vs › | $15.03M | 0.76 | 1.36 | 2.82 | 3.25 |
| Obsidian Therapeutics Inc. (OBX)vs › | $14.44M | N/A | N/A | N/A | N/A |
| Bionano Genomics, Inc. (BNGO)vs › | $16.58M | 1.96 | 1.25 | 1.80 | 4.00 |
| PAVmed Inc. (PAVM)vs › | $17.21M | 1.19 | 0.11 | 0.43 | 2.24 |
| Pulsenmore Ltd. Ordinary Shares (PLSM)vs › | $14.24M | 1.69 | 7.45 | 9.35 | 10.55 |
Quick Ratio
1.24
Excludes inventory
Current Ratio
1.24
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 | 1.24 |
| 2026-03-31 | 2.66 |
| 2025-12-31 | 3.68 |
| 2025-09-30 | 5.78 |
| 2025-06-30 | 3.69 |
| 2025-03-31 | 4.57 |
| 2024-12-31 | 4.77 |
| 2024-09-30 | 7.32 |
| 2024-06-30 | 7.41 |
| 2024-03-31 | 10.30 |
| 2023-12-31 | 8.92 |
| 2023-09-30 | 16.74 |
| 2023-06-30 | 22.53 |
| 2023-03-31 | 11.82 |
| 2022-12-31 | 33.04 |
| 2022-09-30 | 27.73 |
| 2022-06-30 | 18.34 |
| 2022-03-31 | 35.56 |
| 2021-12-31 | 38.40 |
| 2021-09-30 | 50.85 |
| 2021-06-30 | 28.30 |
| 2021-03-31 | 23.12 |
| 2020-12-31 | 25.05 |
| 2020-09-30 | 12.59 |
| 2020-06-30 | 6.83 |
| 2020-03-31 | 11.73 |
| 2019-12-31 | 3.62 |
| 2019-09-30 | 3.31 |
| 2019-06-30 | 4.58 |
| 2019-03-31 | 5.60 |
| 2018-12-31 | 1.89 |
| 2018-09-30 | 4.39 |
| 2018-06-30 | 6.74 |
| 2018-03-31 | 1.09 |
| 2017-12-31 | 1.53 |
| 2017-09-30 | 1.64 |
| 2017-06-30 | 2.75 |
| 2017-03-31 | 1.53 |
| 2016-12-31 | 2.68 |
| 2016-09-30 | 2.14 |
| 2016-06-30 | 1.75 |
| 2016-03-31 | 1.85 |
| 2015-12-31 | 1.48 |
| 2015-09-30 | 3.19 |
| 2015-06-30 | 2.22 |
| 2015-03-31 | 1.08 |
| 2014-12-31 | 0.70 |
| 2014-09-30 | 0.76 |
| 2014-06-30 | 1.46 |
| 2014-03-31 | 0.80 |
| 2013-12-31 | 0.41 |
| 2013-09-30 | 0.07 |
| 2013-06-30 | 0.17 |
| 2013-03-31 | 0.09 |
| 2012-12-31 | 0.13 |
| 2012-09-30 | 0.28 |
| 2012-06-30 | 0.20 |
| 2012-03-31 | 0.14 |
| 2011-12-31 | 0.15 |
| 2011-09-30 | 0.34 |
| 2011-06-30 | 0.48 |
| 2011-03-31 | 0.91 |
| 2010-12-31 | -30.06 |
| 2010-09-30 | 0.32 |
| 2010-06-30 | 0.44 |
| 2010-03-31 | 0.71 |
| 2009-12-31 | 0.79 |
| 2009-09-30 | 0.96 |
| 2009-06-30 | 1.08 |
| 2009-03-31 | 1.35 |
| 2008-12-31 | 1.79 |
| 2008-09-30 | 2.08 |
| 2008-06-30 | 2.39 |
| 2008-03-31 | 2.76 |
| 2007-12-31 | 4.57 |
| 2007-09-30 | 0.00 |