Coherent, Inc. logo
COHRCoherent, Inc.

Quick Ratio (Acid-Test): 2.04

popular:market cap|pe ratio|revenue|price history|total return

Is the quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 2.04 is in line with its 5-year average of 1.90, around the middle of its 5-year range (1.30–3.26).

As of Saturday, June 27, 2026. 33.29% above its 12-month average of 1.53.

Current Ratio|Debt to Equity|P/FCF Ratio|All Metrics
Quick Ratio

COHR Quick Ratio

2.04

Reported quarterly quick ratio; no daily interpolation.

-36.06% 5Y
COHR Quick Ratio (Acid-Test)

COHR Average Quick Ratio (Acid-Test) Chart

COHR Quick Ratio (Acid-Test)

COHR Current vs Average Quick Ratio (Acid-Test) Chart

COHR Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

2.04

QUICK RATIO (ACID-TEST) AVG TTM

1.53

QUICK RATIO (ACID-TEST) AVG 3Y

1.67

QUICK RATIO (ACID-TEST) AVG 5Y

1.67

QUICK RATIO (ACID-TEST) AVG 10Y

2.07

QUICK RATIO (ACID-TEST) AVG 15Y

2.35

QUICK RATIO (ACID-TEST) AVG 20Y

2.45

CURRENT VS TTM AVG

+33.29%

CURRENT VS 3Y AVG

+22.36%

CURRENT VS 5Y AVG

+22.16%

CURRENT VS 10Y AVG

-1.41%

CURRENT VS 15Y AVG

-13.21%

CURRENT VS 20Y AVG

-16.69%

COHR Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Coherent, Inc. (COHR)$60.35B2.041.531.671.67
Hewlett Packard Enterprise Company (HPE)vs ›$57.88B0.760.880.770.75
TE Connectivity plc (TEL)vs ›$57.72B1.031.061.071.06
STMicroelectronics N.V. (STM)vs ›$63.48B2.432.402.282.17
Lumentum Holdings Inc. (LITE)vs ›$63.56B3.183.803.843.75
United Microelectronics Corporation (UMC)vs ›$63.81B1.911.951.931.91
Monolithic Power Systems, Inc. (MPWR)vs ›$64.52B4.384.134.514.42
Keysight Technologies, Inc. (KEYS)vs ›$56.17B1.782.022.082.18
Motorola Solutions, Inc. (MSI)vs ›$66.88B0.871.000.941.00
Astera Labs, Inc. Common Stock (ALAB)vs ›$67.15B9.7910.507.517.51

Liquidity Comparison

Quick Ratio

2.04

Excludes inventory

Current Ratio

2.19

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

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

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Coherent, Inc. (COHR)?
The quick ratio (acid-test) for COHR stock is 2.04.
Is Coherent, Inc.'s quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 2.04 is in line with its 5-year average of 1.90, around the middle of its 5-year range (1.30–3.26).
What is the TTM average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The TTM average quick ratio (acid-test) for COHR stock is 1.53.
What is the 3Y average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The 3Y average quick ratio (acid-test) for COHR stock is 1.67.
What is the 5Y average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The 5Y average quick ratio (acid-test) for COHR stock is 1.67.
What is the 10Y average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The 10Y average quick ratio (acid-test) for COHR stock is 2.07.
What is the 15Y average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The 15Y average quick ratio (acid-test) for COHR stock is 2.35.
What is the 20Y average quick ratio (acid-test) for Coherent, Inc. (COHR)?
The 20Y average quick ratio (acid-test) for COHR stock is 2.45.

COHR Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-312.04
2025-12-311.30
2025-09-301.39
2025-06-301.39
2025-03-311.54
2024-12-311.64
2024-09-301.65
2024-06-301.77
2024-03-311.72
2023-12-311.79
2023-09-301.81
2023-06-301.84
2023-03-311.82
2022-12-311.81
2022-09-301.73
2022-06-302.69
2022-03-311.58
2021-12-311.61
2021-09-302.24
2021-06-303.20
2021-03-313.26
2020-12-312.23
2020-09-302.10
2020-06-301.74
2020-03-311.69
2019-12-311.62
2019-09-301.85
2019-06-301.91
2019-03-312.15
2018-12-312.00
2018-09-302.45
2018-06-302.17
2018-03-312.45
2017-12-312.71
2017-09-302.63
2017-06-302.70
2017-03-312.69
2016-12-312.66
2016-09-302.61
2016-06-302.38
2016-03-312.42
2015-12-312.50
2015-09-302.64
2015-06-302.50
2015-03-312.49
2014-12-312.57
2014-09-302.51
2014-06-302.52
2014-03-312.53
2013-12-312.82
2013-09-303.05
2013-06-303.38
2013-03-313.55
2012-12-313.46
2012-09-303.99
2012-06-303.26
2012-03-313.39
2011-12-312.89
2011-09-302.88
2011-06-302.96
2011-03-312.74
2010-12-312.93
2010-09-302.96
2010-06-302.83
2010-03-312.63
2009-12-315.26
2009-09-305.62
2009-06-304.80
2009-03-314.31
2008-12-314.06
2008-09-303.97
2008-06-303.37
2008-03-313.35
2007-12-312.92
2007-09-302.73
2007-06-302.19
2007-03-312.06
2006-12-312.17
2006-09-301.85
2006-06-301.76
2006-03-311.61
2005-12-311.62
2005-09-301.72
2005-06-301.76
2005-03-311.86
2004-12-312.11
2004-09-301.48
2004-06-301.47
2004-03-311.46
2003-12-311.49
2003-09-301.59
2003-06-301.57
2003-03-311.52
2002-12-311.64
2002-09-301.76
2002-06-301.80

Related Metrics

Current RatioDebt to EquityP/FCF RatioAll Metrics

About Coherent, Inc.

Coherent, Inc. specializes in advanced laser technologies, offering a comprehensive suite of products that includes lasers, laser-based solutions, and complete systems. These are deployed across a spectrum of uses, from commercial and industrial operations to critical scientific research. The company's operations are distinctly segmented into two primary areas: laser sources for Original Equipment Manufacturers (OEMs) and industrial lasers alongside integrated systems. Coherent handles the entire lifecycle of its offerings, from conceptual design and manufacturing to global marketing and ongoing service. Their product portfolio spans lasers, specialized laser tools, high-precision optical components, associated accessories, and sophisticated laser measurement and control devices. These sophisticated tools are integral to fields such as microelectronics fabrication, advanced materials processing, integration into original equipment manufacturer (OEM) components and instrumentation, scientific studies, and various governmental programs. Distribution in the U.S. is primarily managed by an in-house sales team, while international markets are reached through a combination of direct sales personnel and independent representatives. Established in 1966, Coherent, Inc. maintains its headquarters in Santa Clara, California. Notably, since July 1, 2022, the company has operated as a wholly-owned subsidiary of II-VI Incorporated.

Santa Clara, CA
26,157 employees
www.coherent.com
Technology / Hardware, Equipment & Parts
Sector
Technology
Industry
Hardware, Equipment & Parts
CEO
James Robert Anderson
View full financials