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 1.86 is 21% below its 5-year average of 2.35, around the middle of its 5-year range (0.70–3.61).
As of the fiscal period ended Tuesday, June 30, 2026. 10.56% above its 12-month average of 1.68.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.86.
QUICK RATIO (ACID-TEST)
1.86
QUICK RATIO (ACID-TEST) AVG TTM
1.68
QUICK RATIO (ACID-TEST) AVG 3Y
2.09
QUICK RATIO (ACID-TEST) AVG 5Y
2.35
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
+10.56%
CURRENT VS 3Y AVG
-11.04%
CURRENT VS 5Y AVG
-20.98%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 526 covered companies
CURRENT VS SECTOR MEDIAN
-37.78%
vs the sector median at left
Definitive Healthcare Corp.
Market Cap
$104.85M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.68
3Y Avg
2.09
5Y Avg
2.35
Market Cap
$102.66M
Quick Ratio (Acid-Test)
1.83
TTM Avg
1.56
3Y Avg
1.30
5Y Avg
1.30
Market Cap
$100.55M
Quick Ratio (Acid-Test)
9.55
TTM Avg
7.84
3Y Avg
7.78
5Y Avg
8.56
Market Cap
$108.20M
Quick Ratio (Acid-Test)
5.71
TTM Avg
10.50
3Y Avg
6.63
5Y Avg
5.88
Market Cap
$105.03M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.94
3Y Avg
1.06
5Y Avg
1.28
Market Cap
$99.48M
Quick Ratio (Acid-Test)
8.54
TTM Avg
8.31
3Y Avg
10.99
5Y Avg
13.37
Market Cap
$110.75M
Quick Ratio (Acid-Test)
4.53
TTM Avg
4.41
3Y Avg
4.05
5Y Avg
4.51
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Definitive Healthcare Corp. (DH) | $104.85M | 1.86 | 1.68 | 2.09 | 2.35 |
| The Joint Corp. (JYNT)vs › | $102.66M | 1.83 | 1.56 | 1.30 | 1.30 |
| Korro Bio, Inc. (KRRO)vs › | $100.55M | 9.55 | 7.84 | 7.78 | 8.56 |
| Corbus Pharmaceuticals Holdings, Inc. (CRBP)vs › | $108.20M | 5.71 | 10.50 | 6.63 | 5.88 |
| Cumberland Pharmaceuticals Inc. (CPIX)vs › | $105.03M | 0.96 | 0.94 | 1.06 | 1.28 |
| Anixa Biosciences, Inc. (ANIX)vs › | $99.48M | 8.54 | 8.31 | 10.99 | 13.37 |
| Immunic, Inc. (IMUX)vs › | $108.97M | 5.05 | 1.26 | 3.46 | 6.50 |
| Apyx Medical Corporation (APYX)vs › | $110.75M | 4.53 | 4.41 | 4.05 | 4.51 |
| BGM Group Ltd. (BGM)vs › | $111.78M | 0.65 | 1.74 | 2.55 | 2.19 |
| Black Diamond Therapeutics, Inc. (BDTX)vs › | $112.31M | 7.28 | 6.67 | 7.13 | 10.02 |
Quick Ratio
1.86
Excludes inventory
Current Ratio
1.86
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 | 1.86 |
| 2026-03-31 | 1.66 |
| 2025-12-31 | 1.64 |
| 2025-09-30 | 1.60 |
| 2025-06-30 | 1.65 |
| 2025-03-31 | 1.75 |
| 2024-12-31 | 2.30 |
| 2024-09-30 | 2.49 |
| 2024-06-30 | 2.40 |
| 2024-03-31 | 2.30 |
| 2023-12-31 | 2.23 |
| 2023-09-30 | 2.47 |
| 2023-06-30 | 2.84 |
| 2023-03-31 | 2.96 |
| 2022-12-31 | 2.94 |
| 2022-09-30 | 3.31 |
| 2022-06-30 | 3.32 |
| 2022-03-31 | 3.21 |
| 2021-12-31 | 3.61 |
| 2021-09-30 | 2.20 |
| 2021-09-17 | 0.70 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.72 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
