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 1.99 is in line with its 5-year average of 1.94, around the middle of its 5-year range (1.60–2.21).
As of the fiscal period ended Tuesday, June 30, 2026. 2.03% below its 12-month average of 2.03.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.99.
QUICK RATIO (ACID-TEST)
1.99
QUICK RATIO (ACID-TEST) AVG TTM
2.03
QUICK RATIO (ACID-TEST) AVG 3Y
2.04
QUICK RATIO (ACID-TEST) AVG 5Y
1.94
QUICK RATIO (ACID-TEST) AVG 10Y
1.93
QUICK RATIO (ACID-TEST) AVG 15Y
2.32
QUICK RATIO (ACID-TEST) AVG 20Y
2.29
CURRENT VS TTM AVG
-2.03%
CURRENT VS 3Y AVG
-2.39%
CURRENT VS 5Y AVG
+2.68%
CURRENT VS 10Y AVG
+3.30%
CURRENT VS 15Y AVG
-14.16%
CURRENT VS 20Y AVG
-13.07%
SECTOR MEDIAN · TECHNOLOGY
1.60
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+24.52%
vs the sector median at left
Diodes Incorporated
Market Cap
$4.83B
Quick Ratio (Acid-Test)
1.99
TTM Avg
2.03
3Y Avg
2.04
5Y Avg
1.94
Market Cap
$5.06B
Quick Ratio (Acid-Test)
3.94
TTM Avg
27.42
3Y Avg
16.41
5Y Avg
12.50
Market Cap
$4.55B
Quick Ratio (Acid-Test)
3.21
TTM Avg
3.58
3Y Avg
3.11
5Y Avg
3.15
Market Cap
$5.31B
Quick Ratio (Acid-Test)
2.74
TTM Avg
3.94
3Y Avg
4.58
5Y Avg
4.34
Market Cap
$4.35B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.54
3Y Avg
1.38
5Y Avg
1.33
Market Cap
$5.32B
Quick Ratio (Acid-Test)
0.89
TTM Avg
3.93
3Y Avg
2.13
5Y Avg
1.99
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diodes Incorporated (DIOD) | $4.83B | 1.99 | 2.03 | 2.04 | 1.94 |
| Box, Inc. (BOX)vs › | $4.76B | 1.06 | 1.12 | 1.15 | 1.22 |
| Klaviyo, Inc. (KVYO)vs › | $4.71B | 3.13 | 4.58 | 5.09 | 5.00 |
| Dave Inc. (DAVE)vs › | $4.66B | 4.22 | 5.94 | 7.79 | 5.92 |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | 3.94 | 27.42 | 16.41 | 12.50 |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.55B | 3.21 | 3.58 | 3.11 | 3.15 |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.31B | 2.74 | 3.94 | 4.58 | 4.34 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.35B | 1.51 | 1.54 | 1.38 | 1.33 |
| Core Scientific, Inc. (CORZ)vs › | $5.32B | 0.89 | 3.93 | 2.13 | 1.99 |
| AXT, Inc. (AXTI)vs › | $4.34B | 4.00 | 1.41 | 1.27 | 1.66 |
Quick Ratio
1.99
Excludes inventory
Current Ratio
3.17
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 | 1.99 |
| 2026-03-31 | 1.97 |
| 2025-12-31 | 2.08 |
| 2025-09-30 | 2.09 |
| 2025-06-30 | 2.04 |
| 2025-03-31 | 2.11 |
| 2024-12-31 | 1.99 |
| 2024-09-30 | 2.21 |
| 2024-06-30 | 2.10 |
| 2024-03-31 | 2.05 |
| 2023-12-31 | 2.03 |
| 2023-09-30 | 2.02 |
| 2023-06-30 | 2.02 |
| 2023-03-31 | 2.00 |
| 2022-12-31 | 1.85 |
| 2022-09-30 | 1.76 |
| 2022-06-30 | 1.69 |
| 2022-03-31 | 1.69 |
| 2021-12-31 | 1.78 |
| 2021-09-30 | 1.67 |
| 2021-06-30 | 1.60 |
| 2021-03-31 | 1.76 |
| 2020-12-31 | 1.41 |
| 2020-09-30 | 2.97 |
| 2020-06-30 | 2.68 |
| 2020-03-31 | 2.14 |
| 2019-12-31 | 2.01 |
| 2019-09-30 | 1.79 |
| 2019-06-30 | 1.94 |
| 2019-03-31 | 2.20 |
| 2018-12-31 | 2.04 |
| 2018-09-30 | 1.64 |
| 2018-06-30 | 1.66 |
| 2018-03-31 | 1.65 |
| 2017-12-31 | 1.80 |
| 2017-09-30 | 2.18 |
| 2017-06-30 | 2.54 |
| 2017-03-31 | 2.92 |
| 2016-12-31 | 2.91 |
| 2016-09-30 | 3.10 |
| 2016-06-30 | 2.82 |
| 2016-03-31 | 3.12 |
| 2015-12-31 | 3.05 |
| 2015-09-30 | 2.48 |
| 2015-06-30 | 2.80 |
| 2015-03-31 | 3.11 |
| 2014-12-31 | 3.38 |
| 2014-09-30 | 3.01 |
| 2014-06-30 | 3.01 |
| 2014-03-31 | 3.15 |
| 2013-12-31 | 3.06 |
| 2013-09-30 | 2.61 |
| 2013-06-30 | 2.59 |
| 2013-03-31 | 2.70 |
| 2012-12-31 | 2.98 |
| 2012-09-30 | 2.70 |
| 2012-06-30 | 3.06 |
| 2012-03-31 | 3.12 |
| 2011-12-31 | 2.61 |
| 2011-09-30 | 2.46 |
| 2011-06-30 | 1.68 |
| 2011-03-31 | 1.75 |
| 2010-12-31 | 1.67 |
| 2010-09-30 | 3.24 |
| 2010-06-30 | 3.38 |
| 2010-03-31 | 1.77 |
| 2009-12-31 | 1.67 |
| 2009-09-30 | 1.86 |
| 2009-06-30 | 1.84 |
| 2009-03-31 | 2.79 |
| 2008-12-31 | 2.27 |
| 2008-09-30 | 1.91 |
| 2008-06-30 | 1.76 |
| 2008-03-31 | 1.97 |
| 2007-12-31 | 5.63 |
| 2007-09-30 | 5.63 |
| 2007-06-30 | 5.50 |
| 2007-03-31 | 5.96 |
| 2006-12-31 | 5.16 |
| 2006-09-30 | 2.41 |
| 2006-06-30 | 2.30 |
| 2006-03-31 | 2.49 |
| 2005-12-31 | 3.26 |
| 2005-09-30 | 3.08 |
| 2005-06-30 | 2.00 |
| 2005-03-31 | 1.88 |
| 2004-12-31 | 1.64 |
| 2004-09-30 | 1.52 |
| 2004-06-30 | 1.29 |
| 2004-03-31 | 1.46 |
| 2003-12-31 | 1.27 |
| 2003-09-30 | 1.20 |
| 2003-06-30 | 1.15 |
| 2003-03-31 | 1.10 |
| 2002-12-31 | 1.17 |
| 2002-09-30 | 1.05 |