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 3.19 is 50% below its 5-year average of 6.36, near the low end of its 5-year range (2.77–13.62).
As of the fiscal period ended Tuesday, June 30, 2026. 2.23% above its 12-month average of 3.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.19.
QUICK RATIO (ACID-TEST)
3.19
QUICK RATIO (ACID-TEST) AVG TTM
3.12
QUICK RATIO (ACID-TEST) AVG 3Y
3.84
QUICK RATIO (ACID-TEST) AVG 5Y
6.36
QUICK RATIO (ACID-TEST) AVG 10Y
7.80
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+2.23%
CURRENT VS 3Y AVG
-17.08%
CURRENT VS 5Y AVG
-49.87%
CURRENT VS 10Y AVG
-59.14%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.20
median of 772 covered companies
CURRENT VS SECTOR MEDIAN
-0.27%
vs the sector median at left
Editas Medicine, Inc.
Market Cap
$432.76M
Quick Ratio (Acid-Test)
3.19
TTM Avg
3.12
3Y Avg
3.84
5Y Avg
6.36
Market Cap
$431.03M
Quick Ratio (Acid-Test)
3.35
TTM Avg
2.92
3Y Avg
4.56
5Y Avg
5.25
Market Cap
$438.81M
Quick Ratio (Acid-Test)
7.35
TTM Avg
8.39
3Y Avg
5.06
5Y Avg
6.73
Market Cap
$438.91M
Quick Ratio (Acid-Test)
13.99
TTM Avg
3.82
3Y Avg
4.27
5Y Avg
5.98
Market Cap
$422.54M
Quick Ratio (Acid-Test)
3.28
TTM Avg
10.55
3Y Avg
42.24
5Y Avg
29.93
Market Cap
$446.27M
Quick Ratio (Acid-Test)
3.91
TTM Avg
4.41
3Y Avg
5.46
5Y Avg
6.71
Market Cap
$446.05M
Quick Ratio (Acid-Test)
12.39
TTM Avg
8.12
3Y Avg
11.14
5Y Avg
10.14
Market Cap
$421.35M
Quick Ratio (Acid-Test)
6.40
TTM Avg
3.40
3Y Avg
4.68
5Y Avg
4.62
Market Cap
$449.39M
Quick Ratio (Acid-Test)
6.72
TTM Avg
10.04
3Y Avg
13.74
5Y Avg
16.43
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Editas Medicine, Inc. (EDIT) | $432.76M | 3.19 | 3.12 | 3.84 | 6.36 |
| NeoGenomics, Inc. (NEO)vs › | $431.03M | 3.35 | 2.92 | 4.56 | 5.25 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $438.81M | 7.35 | 8.39 | 5.06 | 6.73 |
| Assembly Biosciences, Inc. (ASMB)vs › | $438.91M | 13.99 | 3.82 | 4.27 | 5.98 |
| ARS Pharmaceuticals, Inc. (SPRY)vs › | $422.54M | 3.28 | 10.55 | 42.24 | 29.93 |
| NeuroPace, Inc. (NPCE)vs › | $446.27M | 3.91 | 4.41 | 5.46 | 6.71 |
| Ovid Therapeutics Inc. (OVID)vs › | $446.05M | 12.39 | 8.12 | 11.14 | 10.14 |
| Senseonics Holdings, Inc. (SENS)vs › | $421.35M | 6.40 | 3.40 | 4.68 | 4.62 |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $449.39M | 6.72 | 10.04 | 13.74 | 16.43 |
| Rezolute, Inc. (RZLT)vs › | $417.43M | 9.44 | 11.90 | 14.34 | 23.42 |
Quick Ratio
3.19
Excludes inventory
Current Ratio
3.19
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 | 3.19 |
| 2026-03-31 | 3.22 |
| 2025-12-31 | 3.54 |
| 2025-09-30 | 2.86 |
| 2025-06-30 | 2.77 |
| 2025-03-31 | 3.08 |
| 2024-12-31 | 3.75 |
| 2024-09-30 | 3.75 |
| 2024-06-30 | 3.85 |
| 2024-03-31 | 4.60 |
| 2023-12-31 | 5.39 |
| 2023-09-30 | 6.12 |
| 2023-06-30 | 8.09 |
| 2023-03-31 | 5.68 |
| 2022-12-31 | 5.94 |
| 2022-09-30 | 10.09 |
| 2022-06-30 | 12.67 |
| 2022-03-31 | 13.62 |
| 2021-12-31 | 10.82 |
| 2021-09-30 | 11.15 |
| 2021-06-30 | 9.34 |
| 2021-03-31 | 9.88 |
| 2020-12-31 | 7.20 |
| 2020-09-30 | 9.25 |
| 2020-06-30 | 8.95 |
| 2020-03-31 | 6.17 |
| 2019-12-31 | 7.74 |
| 2019-09-30 | 5.08 |
| 2019-06-30 | 4.45 |
| 2019-03-31 | 8.46 |
| 2018-12-31 | 10.36 |
| 2018-09-30 | 13.13 |
| 2018-06-30 | 14.50 |
| 2018-03-31 | 11.71 |
| 2017-12-31 | 9.00 |
| 2017-09-30 | 10.12 |
| 2017-06-30 | 6.73 |
| 2017-03-31 | 7.04 |
| 2016-12-31 | 5.61 |
| 2016-09-30 | 14.79 |
| 2016-06-30 | 16.12 |
| 2016-03-31 | 22.71 |
| 2015-12-31 | 20.82 |
| 2015-09-30 | 28.66 |
| 2015-06-30 | 5.07 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 1.74 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
