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 0.40 is 93% below its 5-year average of 5.49, near the low end of its 5-year range (0.06–32.48).
As of the fiscal period ended Tuesday, June 30, 2026. 62.42% above its 12-month average of 0.25.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.40.
QUICK RATIO (ACID-TEST)
0.40
QUICK RATIO (ACID-TEST) AVG TTM
0.25
QUICK RATIO (ACID-TEST) AVG 3Y
2.43
QUICK RATIO (ACID-TEST) AVG 5Y
5.49
QUICK RATIO (ACID-TEST) AVG 10Y
2.80
QUICK RATIO (ACID-TEST) AVG 15Y
1.45
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+62.42%
CURRENT VS 3Y AVG
-83.49%
CURRENT VS 5Y AVG
-92.70%
CURRENT VS 10Y AVG
-85.69%
CURRENT VS 15Y AVG
-72.30%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-88.03%
vs the sector median at left
Citius Pharmaceuticals, Inc.
Market Cap
$13.23M
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.25
3Y Avg
2.43
5Y Avg
5.49
Market Cap
$13.08M
Quick Ratio (Acid-Test)
1.22
TTM Avg
3.07
3Y Avg
6.03
5Y Avg
8.35
Market Cap
$13.53M
Quick Ratio (Acid-Test)
1.69
TTM Avg
0.14
3Y Avg
1.07
5Y Avg
2.78
Market Cap
$12.60M
Quick Ratio (Acid-Test)
0.50
TTM Avg
1.75
3Y Avg
2.03
5Y Avg
3.39
Market Cap
$12.51M
Quick Ratio (Acid-Test)
0.99
TTM Avg
0.99
3Y Avg
1.05
5Y Avg
1.43
Market Cap
$12.50M
Quick Ratio (Acid-Test)
0.38
TTM Avg
2.35
3Y Avg
3.38
5Y Avg
3.85
Market Cap
$12.49M
Quick Ratio (Acid-Test)
10.57
TTM Avg
6.64
3Y Avg
7.08
5Y Avg
4.73
Market Cap
$13.99M
Quick Ratio (Acid-Test)
1.60
TTM Avg
1.72
3Y Avg
1.47
5Y Avg
3.47
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Citius Pharmaceuticals, Inc. (CTXR) | $13.23M | 0.40 | 0.25 | 2.43 | 5.49 |
| IN8bio, Inc. (INAB)vs › | $13.11M | 8.21 | 6.45 | 5.32 | 7.60 |
| Passage Bio, Inc. (PASG)vs › | $13.08M | 1.22 | 3.07 | 6.03 | 8.35 |
| Optimi Health Corp. (OPTH)vs › | $13.53M | 1.69 | 0.14 | 1.07 | 2.78 |
| Cytosorbents Corporation (CTSO)vs › | $12.60M | 0.50 | 1.75 | 2.03 | 3.39 |
| Dare Bioscience, Inc. (DARE)vs › | $12.51M | 0.99 | 0.99 | 1.05 | 1.43 |
| Tempest Therapeutics, Inc. (TPST)vs › | $12.50M | 0.38 | 2.35 | 3.38 | 3.85 |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG)vs › | $12.49M | 10.57 | 6.64 | 7.08 | 4.73 |
| Sintx Technologies, Inc. (SINT)vs › | $13.99M | 1.60 | 1.72 | 1.47 | 3.47 |
| Obsidian Therapeutics Inc. (OBX)vs › | $14.00M | N/A | N/A | N/A | N/A |
Quick Ratio
0.40
Excludes inventory
Current Ratio
0.84
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 | 0.40 |
| 2026-03-31 | 0.16 |
| 2025-12-31 | 0.40 |
| 2025-09-30 | 0.13 |
| 2025-06-30 | 0.14 |
| 2025-03-31 | 0.06 |
| 2024-12-31 | 0.09 |
| 2024-09-30 | 0.17 |
| 2024-06-30 | 6.75 |
| 2024-03-31 | 5.17 |
| 2023-12-31 | 5.06 |
| 2023-09-30 | 5.95 |
| 2023-06-30 | 7.10 |
| 2023-03-31 | 5.62 |
| 2022-12-31 | 9.33 |
| 2022-09-30 | 9.84 |
| 2022-06-30 | 11.40 |
| 2022-03-31 | 14.49 |
| 2021-12-31 | 9.25 |
| 2021-09-30 | 18.28 |
| 2021-06-30 | 32.48 |
| 2021-03-31 | 35.17 |
| 2020-12-31 | 1.57 |
| 2020-09-30 | 3.41 |
| 2020-06-30 | 2.37 |
| 2020-03-31 | 1.41 |
| 2019-12-31 | 0.78 |
| 2019-09-30 | 1.72 |
| 2019-06-30 | 1.13 |
| 2019-03-31 | 0.97 |
| 2018-12-31 | 1.82 |
| 2018-09-30 | 3.16 |
| 2018-06-30 | 1.29 |
| 2018-03-31 | 1.98 |
| 2017-12-31 | 2.86 |
| 2017-09-30 | 1.39 |
| 2017-06-30 | 0.06 |
| 2017-03-31 | 0.05 |
| 2016-12-31 | 0.08 |
| 2016-09-30 | 0.17 |
| 2016-06-30 | 0.42 |
| 2016-03-31 | 0.87 |
| 2015-12-31 | 0.18 |
| 2015-09-30 | 0.53 |
| 2015-06-30 | 0.45 |
| 2015-03-31 | 0.45 |
| 2014-12-31 | 0.50 |
| 2014-09-30 | 0.67 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 1.93 |
| 2013-12-31 | 0.28 |
| 2013-09-30 | 6.98 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.01 |
| 2011-09-30 | 0.01 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |