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 1.66 is 24% below its 5-year average of 2.18, near the low end of its 5-year range (1.44–4.76).
As of the fiscal period ended Tuesday, June 30, 2026. 22.25% below its 12-month average of 2.13.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.66.
QUICK RATIO (ACID-TEST)
1.66
QUICK RATIO (ACID-TEST) AVG TTM
2.13
QUICK RATIO (ACID-TEST) AVG 3Y
2.22
QUICK RATIO (ACID-TEST) AVG 5Y
2.18
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-22.25%
CURRENT VS 3Y AVG
-25.53%
CURRENT VS 5Y AVG
-24.02%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.19
median of 733 covered companies
CURRENT VS SECTOR MEDIAN
-48.08%
vs the sector median at left
Market Cap
$34.97M
Quick Ratio (Acid-Test)
7.07
TTM Avg
2.75
3Y Avg
16.37
5Y Avg
28.22
Market Cap
$36.63M
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.18
3Y Avg
0.60
5Y Avg
0.79
Market Cap
$36.71M
Quick Ratio (Acid-Test)
2.76
TTM Avg
5.79
3Y Avg
4.84
5Y Avg
5.49
Market Cap
$36.80M
Quick Ratio (Acid-Test)
2.77
TTM Avg
2.09
3Y Avg
1.85
5Y Avg
2.65
Market Cap
$34.50M
Quick Ratio (Acid-Test)
11.47
TTM Avg
9.93
3Y Avg
10.68
5Y Avg
16.03
Market Cap
$34.46M
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.82
3Y Avg
0.89
5Y Avg
0.96
Market Cap
$33.93M
Quick Ratio (Acid-Test)
2.19
TTM Avg
3.38
3Y Avg
4.17
5Y Avg
5.03
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DocGo Inc. (DCGO) | $35.76M | 1.66 | 2.13 | 2.22 | 2.18 |
| BriaCell Therapeutics Corp. (BCTX)vs › | $34.97M | 7.07 | 2.75 | 16.37 | 28.22 |
| QT Imaging Holdings, Inc. (QTI)vs › | $36.63M | 2.06 | 1.18 | 0.60 | 0.79 |
| Edesa Biotech, Inc. (EDSA)vs › | $36.71M | 2.76 | 5.79 | 4.84 | 5.49 |
| Elutia Inc (ELUT)vs › | $34.73M | 1.64 | 1.38 | 1.12 | 1.30 |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.80M | 2.77 | 2.09 | 1.85 | 2.65 |
| Grace Therapeutics, Inc. (GRCE)vs › | $34.50M | 11.47 | 9.93 | 10.68 | 16.03 |
| Accuray Incorporated (ARAY)vs › | $34.46M | 0.74 | 0.82 | 0.89 | 0.96 |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.93M | 2.19 | 3.38 | 4.17 | 5.03 |
| Incannex Healthcare Limited (IXHL)vs › | $37.73M | 48.81 | 25.84 | 15.89 | 15.79 |
Quick Ratio
1.66
Excludes inventory
Current Ratio
1.66
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 | 1.66 |
| 2026-03-31 | 1.79 |
| 2025-12-31 | 2.26 |
| 2025-09-30 | 2.59 |
| 2025-06-30 | 2.36 |
| 2025-03-31 | 2.44 |
| 2024-12-31 | 2.50 |
| 2024-09-30 | 2.19 |
| 2024-06-30 | 2.13 |
| 2024-03-31 | 2.09 |
| 2023-12-31 | 1.99 |
| 2023-09-30 | 2.36 |
| 2023-06-30 | 2.56 |
| 2023-03-31 | 2.37 |
| 2022-12-31 | 2.66 |
| 2022-09-30 | 3.54 |
| 2022-06-30 | 4.76 |
| 2022-03-31 | 4.40 |
| 2021-12-31 | 4.42 |
| 2021-09-30 | 1.44 |
| 2021-06-30 | 1.66 |
| 2021-03-31 | 2.02 |
| 2020-12-31 | 2.49 |
| 2020-09-30 | 0.02 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
