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 0.98 is in line with its 5-year average of 1.03, near the low end of its 5-year range (0.97–1.13).
As of the fiscal period ended Tuesday, March 31, 2026. 7.96% below its 12-month average of 1.06.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.98
QUICK RATIO (ACID-TEST) AVG TTM
1.06
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.03
QUICK RATIO (ACID-TEST) AVG 10Y
0.97
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-7.96%
CURRENT VS 3Y AVG
-6.63%
CURRENT VS 5Y AVG
-5.65%
CURRENT VS 10Y AVG
+0.29%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-43.39%
vs the sector median at left
Market Cap
$25.53B
Quick Ratio (Acid-Test)
2.00
TTM Avg
2.00
3Y Avg
2.42
5Y Avg
2.61
Market Cap
$26.09B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.99
3Y Avg
1.15
5Y Avg
1.25
Market Cap
$25.11B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
Market Cap
$24.86B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.97
3Y Avg
0.85
5Y Avg
0.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $25.72B | 0.98 | 1.06 | 1.05 | 1.03 |
| First Solar, Inc. (FSLR)vs › | $25.53B | 2.00 | 2.00 | 2.42 | 2.61 |
| HP Inc. (HPQ)vs › | $25.91B | 0.49 | 0.46 | 0.46 | 0.48 |
| Roblox Corporation (RBLX)vs › | $26.09B | N/A | 0.99 | 1.15 | 1.25 |
| Zscaler, Inc. (ZS)vs › | $26.32B | N/A | 1.55 | 1.74 | 2.21 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.11B | N/A | 2.21 | 2.21 | 2.15 |
| Splunk Inc. (SPLK)vs › | $26.44B | N/A | 1.43 | 1.64 | 1.99 |
| Verisk Analytics, Inc. (VRSK)vs › | $24.86B | N/A | 0.97 | 0.85 | 0.74 |
| Okta, Inc. (OKTA)vs › | $24.72B | N/A | 1.35 | 1.65 | 1.81 |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.56B | 4.92 | 5.37 | 4.74 | 4.29 |
Quick Ratio
0.98
Excludes inventory
Current Ratio
0.98
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) |
|---|---|
| 2026-03-31 | 0.98 |
| 2025-12-31 | 0.98 |
| 2025-09-30 | 1.13 |
| 2025-06-30 | 1.12 |
| 2025-03-31 | 1.10 |
| 2024-12-31 | 1.00 |
| 2024-09-30 | 1.05 |
| 2024-06-30 | 1.02 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 1.04 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 1.08 |
| 2023-03-31 | 1.03 |
| 2022-12-31 | 1.01 |
| 2022-09-30 | 0.99 |
| 2022-06-30 | 1.06 |
| 2022-03-31 | 1.01 |
| 2021-12-31 | 1.04 |
| 2021-09-30 | 0.97 |
| 2021-06-30 | 1.05 |
| 2021-03-31 | 0.99 |
| 2020-12-31 | 1.00 |
| 2020-09-30 | 0.95 |
| 2020-06-30 | 0.96 |
| 2020-03-31 | 0.93 |
| 2019-12-31 | 1.03 |
| 2019-09-30 | 1.12 |
| 2019-06-30 | 0.92 |
| 2019-03-31 | 0.91 |
| 2018-12-31 | 0.86 |
| 2018-09-30 | 0.92 |
| 2018-06-30 | 0.88 |
| 2018-03-31 | 0.91 |
| 2017-12-31 | 0.87 |
| 2017-09-30 | 0.84 |
| 2017-06-30 | 0.84 |
| 2017-03-31 | 0.82 |
| 2016-12-31 | 0.77 |
| 2016-09-30 | 0.78 |
| 2016-06-30 | 0.97 |
| 2016-03-31 | 0.92 |
| 2015-12-31 | 0.87 |
| 2015-09-30 | 0.83 |
| 2015-06-30 | 0.81 |
| 2015-03-31 | 0.77 |
| 2014-12-31 | 0.74 |
| 2014-09-30 | 0.78 |
| 2014-06-30 | 0.75 |
| 2014-03-31 | 0.77 |
| 2013-12-31 | 0.71 |
| 2013-09-30 | 0.93 |
| 2013-06-30 | 1.08 |
| 2013-03-31 | 1.06 |
