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 7.90 is 42% below its 5-year average of 13.50, near the low end of its 5-year range (6.53–38.32).
As of the fiscal period ended Tuesday, June 30, 2026. 2.31% above its 12-month average of 7.72.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.90.
QUICK RATIO (ACID-TEST)
7.90
QUICK RATIO (ACID-TEST) AVG TTM
7.72
QUICK RATIO (ACID-TEST) AVG 3Y
11.41
QUICK RATIO (ACID-TEST) AVG 5Y
13.50
QUICK RATIO (ACID-TEST) AVG 10Y
11.10
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+2.31%
CURRENT VS 3Y AVG
-30.81%
CURRENT VS 5Y AVG
-41.50%
CURRENT VS 10Y AVG
-28.86%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+135.71%
vs the sector median at left
Eledon Pharmaceuticals, Inc.
Market Cap
$189.11M
Quick Ratio (Acid-Test)
7.90
TTM Avg
7.72
3Y Avg
11.41
5Y Avg
13.50
Market Cap
$190.07M
Quick Ratio (Acid-Test)
4.82
TTM Avg
7.13
3Y Avg
7.35
5Y Avg
8.24
Market Cap
$192.49M
Quick Ratio (Acid-Test)
3.61
TTM Avg
10.13
3Y Avg
8.61
5Y Avg
9.32
Market Cap
$182.60M
Quick Ratio (Acid-Test)
14.32
TTM Avg
7.65
3Y Avg
9.22
5Y Avg
9.58
Market Cap
$197.18M
Quick Ratio (Acid-Test)
12.14
TTM Avg
7.27
3Y Avg
7.16
5Y Avg
7.21
Market Cap
$180.47M
Quick Ratio (Acid-Test)
15.70
TTM Avg
3.42
3Y Avg
4.67
5Y Avg
3.16
Market Cap
$198.33M
Quick Ratio (Acid-Test)
7.48
TTM Avg
9.04
3Y Avg
6.33
5Y Avg
4.86
Market Cap
$179.75M
Quick Ratio (Acid-Test)
11.22
TTM Avg
14.99
3Y Avg
15.44
5Y Avg
13.43
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Eledon Pharmaceuticals, Inc. (ELDN) | $189.11M | 7.90 | 7.72 | 11.41 | 13.50 |
| Zentalis Pharmaceuticals, Inc. (ZNTL)vs › | $190.07M | 4.82 | 7.13 | 7.35 | 8.24 |
| RxSight, Inc. (RXST)vs › | $192.49M | 3.61 | 10.13 | 8.61 | 9.32 |
| AN2 Therapeutics, Inc. (ANTX)vs › | $182.60M | 14.32 | 7.65 | 9.22 | 9.58 |
| Surrozen, Inc. (SRZN)vs › | $197.18M | 12.14 | 7.27 | 7.16 | 7.21 |
| Canton Strategic Holdings Inc (CNTN)vs › | $180.47M | 15.70 | 3.42 | 4.67 | 3.16 |
| Exagen Inc. (XGN)vs › | $197.87M | 3.18 | 3.08 | 4.43 | 6.31 |
| Cartesian Therapeutics, Inc. (RNAC)vs › | $198.33M | 7.48 | 9.04 | 6.33 | 4.86 |
| Compass Therapeutics, Inc. (CMPX)vs › | $179.75M | 11.22 | 14.99 | 15.44 | 13.43 |
| Oramed Pharmaceuticals Inc. (ORMP)vs › | $179.26M | 4.98 | 16.09 | 15.64 | 15.37 |
Quick Ratio
7.90
Excludes inventory
Current Ratio
7.90
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 | 7.90 |
| 2026-03-31 | 8.44 |
| 2025-12-31 | 7.40 |
| 2025-09-30 | 6.74 |
| 2025-06-30 | 8.12 |
| 2025-03-31 | 13.91 |
| 2024-12-31 | 12.42 |
| 2024-09-30 | 6.53 |
| 2024-06-30 | 14.48 |
| 2024-03-31 | 11.30 |
| 2023-12-31 | 14.41 |
| 2023-09-30 | 21.73 |
| 2023-06-30 | 15.02 |
| 2023-03-31 | 8.93 |
| 2022-12-31 | 9.19 |
| 2022-09-30 | 10.76 |
| 2022-06-30 | 22.22 |
| 2022-03-31 | 26.82 |
| 2021-12-31 | 20.07 |
| 2021-09-30 | 23.62 |
| 2021-06-30 | 38.32 |
| 2021-03-31 | 26.21 |
| 2020-12-31 | 46.57 |
| 2020-09-30 | 18.78 |
| 2020-06-30 | 8.90 |
| 2020-03-31 | 6.85 |
| 2019-12-31 | 6.88 |
| 2019-09-30 | 7.10 |
| 2019-06-30 | 7.45 |
| 2019-03-31 | 3.03 |
| 2018-12-31 | 5.60 |
| 2018-09-30 | 10.67 |
| 2018-06-30 | 14.52 |
| 2018-03-31 | 14.84 |
| 2017-12-31 | 13.19 |
| 2017-09-30 | 9.12 |
| 2017-06-30 | 7.86 |
| 2017-03-31 | 10.60 |
| 2016-12-31 | 10.48 |
| 2016-09-30 | 5.73 |
| 2016-06-30 | 5.91 |
| 2016-03-31 | 9.23 |
| 2015-12-31 | 10.90 |
| 2015-09-30 | 13.59 |
| 2015-06-30 | 18.67 |
| 2015-03-31 | 16.74 |
| 2014-12-31 | 25.34 |
| 2014-09-30 | 19.87 |
| 2014-06-30 | 5.89 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 14.57 |
| 2013-09-30 | 0.00 |
