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 2.36 is 69% below its 5-year average of 7.52, near the low end of its 5-year range (1.73–25.49).
As of the fiscal period ended Tuesday, June 30, 2026. 27.54% below its 12-month average of 3.25.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.36.
QUICK RATIO (ACID-TEST)
2.36
QUICK RATIO (ACID-TEST) AVG TTM
3.25
QUICK RATIO (ACID-TEST) AVG 3Y
4.90
QUICK RATIO (ACID-TEST) AVG 5Y
7.52
QUICK RATIO (ACID-TEST) AVG 10Y
6.18
QUICK RATIO (ACID-TEST) AVG 15Y
5.71
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-27.54%
CURRENT VS 3Y AVG
-51.83%
CURRENT VS 5Y AVG
-68.64%
CURRENT VS 10Y AVG
-61.82%
CURRENT VS 15Y AVG
-58.73%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 529 covered companies
CURRENT VS SECTOR MEDIAN
-21.12%
vs the sector median at left
CorMedix Inc.
Market Cap
$562.85M
Quick Ratio (Acid-Test)
2.36
TTM Avg
3.25
3Y Avg
4.90
5Y Avg
7.52
Market Cap
$559.96M
Quick Ratio (Acid-Test)
5.42
TTM Avg
12.18
3Y Avg
12.18
5Y Avg
12.18
Market Cap
$573.38M
Quick Ratio (Acid-Test)
6.74
TTM Avg
3.69
3Y Avg
2.52
5Y Avg
2.35
Market Cap
$580.12M
Quick Ratio (Acid-Test)
3.46
TTM Avg
4.63
3Y Avg
6.00
5Y Avg
6.13
Market Cap
$552.97M
Quick Ratio (Acid-Test)
9.36
TTM Avg
2.17
3Y Avg
1.76
5Y Avg
2.63
Market Cap
$548.89M
Quick Ratio (Acid-Test)
8.95
TTM Avg
10.43
3Y Avg
5.97
5Y Avg
5.34
Market Cap
$540.75M
Quick Ratio (Acid-Test)
25.13
TTM Avg
6.17
3Y Avg
7.34
5Y Avg
19.91
Market Cap
$538.28M
Quick Ratio (Acid-Test)
2.38
TTM Avg
3.66
3Y Avg
6.23
5Y Avg
9.46
Market Cap
$590.58M
Quick Ratio (Acid-Test)
2.17
TTM Avg
3.09
3Y Avg
3.48
5Y Avg
3.24
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CorMedix Inc. (CRMD) | $562.85M | 2.36 | 3.25 | 4.90 | 7.52 |
| BlossomHill Therapeutics, Inc. (BLSM)vs › | $559.96M | 5.42 | 12.18 | 12.18 | 12.18 |
| Aquestive Therapeutics, Inc. (AQST)vs › | $573.38M | 6.74 | 3.69 | 2.52 | 2.35 |
| Aclaris Therapeutics, Inc. (ACRS)vs › | $580.12M | 3.46 | 4.63 | 6.00 | 6.13 |
| CytomX Therapeutics, Inc. (CTMX)vs › | $552.97M | 9.36 | 2.17 | 1.76 | 2.63 |
| Delcath Systems, Inc. (DCTH)vs › | $548.89M | 8.95 | 10.43 | 5.97 | 5.34 |
| Immix Biopharma, Inc. (IMMX)vs › | $540.75M | 25.13 | 6.17 | 7.34 | 19.91 |
| 908 Devices Inc. (MASS)vs › | $538.28M | 2.38 | 3.66 | 6.23 | 9.46 |
| OrthoPediatrics Corp. (KIDS)vs › | $590.58M | 2.17 | 3.09 | 3.48 | 3.24 |
| Crescent Biopharma, Inc. (CBIO)vs › | $542.67M | 9.66 | 5.09 | 5.58 | 6.85 |
Quick Ratio
2.36
Excludes inventory
Current Ratio
2.56
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 | 2.36 |
| 2026-03-31 | 2.74 |
| 2025-12-31 | 1.94 |
| 2025-09-30 | 1.73 |
| 2025-06-30 | 7.52 |
| 2025-03-31 | 3.99 |
| 2024-12-31 | 3.16 |
| 2024-09-30 | 3.60 |
| 2024-06-30 | 4.43 |
| 2024-03-31 | 6.41 |
| 2023-12-31 | 6.78 |
| 2023-09-30 | 11.61 |
| 2023-06-30 | 7.39 |
| 2023-03-31 | 12.15 |
| 2022-12-31 | 9.44 |
| 2022-09-30 | 11.79 |
| 2022-06-30 | 12.40 |
| 2022-03-31 | 14.55 |
| 2021-12-31 | 12.43 |
| 2021-09-30 | 14.00 |
| 2021-06-30 | 25.49 |
| 2021-03-31 | 27.21 |
| 2020-12-31 | 11.54 |
| 2020-09-30 | 8.40 |
| 2020-06-30 | 4.18 |
| 2020-03-31 | 4.65 |
| 2019-12-31 | 4.98 |
| 2019-09-30 | 6.63 |
| 2019-06-30 | 6.21 |
| 2019-03-31 | 6.16 |
| 2018-12-31 | 2.35 |
| 2018-09-30 | 0.43 |
| 2018-06-30 | 0.41 |
| 2018-03-31 | 1.01 |
| 2017-12-31 | 2.02 |
| 2017-09-30 | 3.19 |
| 2017-06-30 | 3.59 |
| 2017-03-31 | 3.80 |
| 2016-12-31 | 5.29 |
| 2016-09-30 | 5.68 |
| 2016-06-30 | 9.95 |
| 2016-03-31 | 10.85 |
| 2015-12-31 | 11.98 |
| 2015-09-30 | 13.38 |
| 2015-06-30 | 19.89 |
| 2015-03-31 | 4.35 |
| 2014-12-31 | 3.21 |
| 2014-09-30 | 4.98 |
| 2014-06-30 | 6.70 |
| 2014-03-31 | 8.60 |
| 2013-12-31 | 1.69 |
| 2013-09-30 | 0.19 |
| 2013-06-30 | 0.15 |
| 2013-03-31 | 0.43 |
| 2012-12-31 | 0.70 |
| 2012-09-30 | 0.91 |
| 2012-06-30 | 0.86 |
| 2012-03-31 | 1.26 |
| 2011-12-31 | 1.94 |
| 2011-09-30 | 1.32 |
| 2011-06-30 | 2.89 |
| 2011-03-31 | 4.70 |
| 2010-12-31 | 5.59 |
| 2010-09-30 | 10.34 |
| 2010-06-30 | 9.51 |
| 2010-03-31 | 8.46 |
| 2009-12-31 | 0.10 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
