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 0.97 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, June 30, 2026. 6.08% below its 12-month average of 1.03.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.97.
QUICK RATIO (ACID-TEST)
0.97
QUICK RATIO (ACID-TEST) AVG TTM
1.03
QUICK RATIO (ACID-TEST) AVG 3Y
1.04
QUICK RATIO (ACID-TEST) AVG 5Y
1.03
QUICK RATIO (ACID-TEST) AVG 10Y
0.98
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-6.08%
CURRENT VS 3Y AVG
-6.70%
CURRENT VS 5Y AVG
-5.99%
CURRENT VS 10Y AVG
-0.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-38.87%
vs the sector median at left
Market Cap
$26.03B
Quick Ratio (Acid-Test)
3.83
TTM Avg
4.45
3Y Avg
4.26
5Y Avg
4.13
Market Cap
$26.24B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.76
3Y Avg
1.60
5Y Avg
1.47
Market Cap
$25.29B
Quick Ratio (Acid-Test)
2.07
TTM Avg
2.66
3Y Avg
2.13
5Y Avg
1.71
Market Cap
$25.23B
Quick Ratio (Acid-Test)
4.31
TTM Avg
5.37
3Y Avg
4.74
5Y Avg
4.29
Market Cap
$25.13B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.26
3Y Avg
1.25
5Y Avg
1.25
Market Cap
$26.97B
Quick Ratio (Acid-Test)
2.18
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
Market Cap
$27.24B
Quick Ratio (Acid-Test)
2.49
TTM Avg
3.18
3Y Avg
2.52
5Y Avg
2.14
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $26.00B | 0.97 | 1.03 | 1.04 | 1.03 |
| Zoom Communications, Inc. (ZM)vs › | $26.03B | 3.83 | 4.45 | 4.26 | 4.13 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.24B | 1.74 | 1.76 | 1.60 | 1.47 |
| Super Micro Computer, Inc. (SMCI)vs › | $25.29B | 2.07 | 2.66 | 2.13 | 1.71 |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.23B | 4.31 | 5.37 | 4.74 | 4.29 |
| Fiserv, Inc. (FISV)vs › | $25.16B | 1.04 | 1.04 | 1.04 | 1.04 |
| Qnity Electronics, Inc. (Q)vs › | $25.13B | 1.50 | 1.26 | 1.25 | 1.25 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.97B | 2.18 | 2.21 | 2.21 | 2.15 |
| ON Semiconductor Corporation (ON)vs › | $27.24B | 2.49 | 3.18 | 2.52 | 2.14 |
| VeriSign, Inc. (VRSN)vs › | $27.40B | 0.59 | 0.46 | 0.67 | 0.85 |
Quick Ratio
0.97
Excludes inventory
Current Ratio
0.97
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 | 0.97 |
| 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 |