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 5.66 is in line with its 5-year average of 6.03, near the low end of its 5-year range (3.27–33.11).
As of the fiscal period ended Tuesday, June 30, 2026. 2.15% above its 12-month average of 5.54.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 5.66.
QUICK RATIO (ACID-TEST)
5.66
QUICK RATIO (ACID-TEST) AVG TTM
5.54
QUICK RATIO (ACID-TEST) AVG 3Y
5.65
QUICK RATIO (ACID-TEST) AVG 5Y
6.03
QUICK RATIO (ACID-TEST) AVG 10Y
9.56
QUICK RATIO (ACID-TEST) AVG 15Y
6.72
QUICK RATIO (ACID-TEST) AVG 20Y
6.51
CURRENT VS TTM AVG
+2.15%
CURRENT VS 3Y AVG
+0.22%
CURRENT VS 5Y AVG
-6.23%
CURRENT VS 10Y AVG
-40.81%
CURRENT VS 15Y AVG
-15.80%
CURRENT VS 20Y AVG
-13.09%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+68.65%
vs the sector median at left
Fennec Pharmaceuticals Inc.
Market Cap
$359.53M
Quick Ratio (Acid-Test)
5.66
TTM Avg
5.54
3Y Avg
5.65
5Y Avg
6.03
Market Cap
$361.64M
Quick Ratio (Acid-Test)
12.19
TTM Avg
4.83
3Y Avg
10.20
5Y Avg
8.85
Market Cap
$355.43M
Quick Ratio (Acid-Test)
24.16
TTM Avg
12.00
3Y Avg
8.65
5Y Avg
7.93
Market Cap
$355.36M
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.18
3Y Avg
1.33
5Y Avg
1.63
Market Cap
$353.88M
Quick Ratio (Acid-Test)
3.76
TTM Avg
4.71
3Y Avg
6.65
5Y Avg
8.92
Market Cap
$353.00M
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.66
3Y Avg
1.70
5Y Avg
1.47
Market Cap
$349.70M
Quick Ratio (Acid-Test)
8.24
TTM Avg
5.34
3Y Avg
5.79
5Y Avg
4.44
Market Cap
$369.50M
Quick Ratio (Acid-Test)
5.88
TTM Avg
5.65
3Y Avg
4.80
5Y Avg
5.41
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fennec Pharmaceuticals Inc. (FENC) | $359.53M | 5.66 | 5.54 | 5.65 | 6.03 |
| Opus Genetics, Inc. (IRD)vs › | $361.64M | 12.19 | 4.83 | 10.20 | 8.85 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $355.43M | 24.16 | 12.00 | 8.65 | 7.93 |
| Viemed Healthcare, Inc. (VMD)vs › | $355.36M | 1.02 | 1.18 | 1.33 | 1.63 |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $353.88M | 3.76 | 4.71 | 6.65 | 8.92 |
| Embecta Corp. (EMBC)vs › | $353.00M | 1.68 | 1.66 | 1.70 | 1.47 |
| Ocugen, Inc. (OCGN)vs › | $352.67M | 0.80 | 1.96 | 2.47 | 5.28 |
| Orchestra BioMed Holdings, Inc. (OBIO)vs › | $349.70M | 8.24 | 5.34 | 5.79 | 4.44 |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $369.50M | 5.88 | 5.65 | 4.80 | 5.41 |
| Turn Therapeutics Inc. (TTRX)vs › | $346.73M | 1.19 | 1.21 | 1.62 | 1.62 |
Quick Ratio
5.66
Excludes inventory
Current Ratio
5.85
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 | 5.66 |
| 2026-03-31 | 6.78 |
| 2025-12-31 | 6.23 |
| 2025-09-30 | 4.44 |
| 2025-06-30 | 4.59 |
| 2025-03-31 | 4.97 |
| 2024-12-31 | 6.22 |
| 2024-09-30 | 7.64 |
| 2024-06-30 | 7.75 |
| 2024-03-31 | 6.72 |
| 2023-12-31 | 3.27 |
| 2023-09-30 | 4.39 |
| 2023-06-30 | 4.74 |
| 2023-03-31 | 5.16 |
| 2022-12-31 | 5.67 |
| 2022-09-30 | 10.30 |
| 2022-06-30 | 5.12 |
| 2022-03-31 | 8.96 |
| 2021-12-31 | 13.54 |
| 2021-09-30 | 12.90 |
| 2021-06-30 | 33.11 |
| 2021-03-31 | 9.62 |
| 2020-12-31 | 13.39 |
| 2020-09-30 | 11.81 |
| 2020-06-30 | 12.19 |
| 2020-03-31 | 5.31 |
| 2019-12-31 | 6.11 |
| 2019-09-30 | 17.27 |
| 2019-06-30 | 12.96 |
| 2019-03-31 | 14.02 |
| 2018-12-31 | 14.02 |
| 2018-09-30 | 12.01 |
| 2018-06-30 | 30.35 |
| 2018-03-31 | 22.88 |
| 2017-12-31 | 17.28 |
| 2017-09-30 | 9.60 |
| 2017-06-30 | 17.69 |
| 2017-03-31 | 7.70 |
| 2016-12-31 | 9.88 |
| 2016-09-30 | 12.72 |
| 2016-06-30 | 11.32 |
| 2016-03-31 | 1.70 |
| 2015-12-31 | 2.16 |
| 2015-09-30 | 3.36 |
| 2015-06-30 | 2.47 |
| 2015-03-31 | 1.74 |
| 2014-12-31 | 1.35 |
| 2014-09-30 | 0.17 |
| 2014-06-30 | 0.18 |
| 2014-03-31 | 0.24 |
| 2013-12-31 | 0.55 |
| 2013-09-30 | 0.13 |
| 2013-06-30 | 0.30 |
| 2013-03-31 | 0.18 |
| 2012-12-31 | 0.32 |
| 2012-09-30 | 1.78 |
| 2012-06-30 | 2.32 |
| 2012-03-31 | 2.20 |
| 2011-12-31 | 0.98 |
| 2011-09-30 | 0.63 |
| 2011-06-30 | 0.91 |
| 2011-03-31 | 0.96 |
| 2010-12-31 | 0.55 |
| 2010-09-30 | 21.58 |
| 2010-06-30 | 19.93 |
| 2010-03-31 | 0.93 |
| 2009-12-31 | 1.80 |
| 2009-09-30 | 2.75 |
| 2009-06-30 | 2.28 |
| 2009-03-31 | 2.04 |
| 2008-12-31 | 2.27 |
| 2008-09-30 | 2.79 |
| 2008-06-30 | 4.41 |
| 2008-03-31 | 5.66 |
| 2007-12-31 | 6.82 |
| 2007-09-30 | 8.81 |
| 2007-06-30 | 14.06 |
| 2007-03-31 | 11.04 |
| 2006-12-31 | 1.24 |
| 2006-09-30 | 2.66 |
| 2006-06-30 | 5.27 |
| 2006-03-31 | 4.18 |
| 2005-12-31 | 5.01 |
| 2005-09-30 | 8.02 |
| 2005-06-30 | 4.73 |
| 2005-03-31 | 9.51 |
| 2004-12-31 | 14.70 |
| 2004-09-30 | 14.88 |
| 2004-06-30 | 14.59 |
| 2004-03-31 | 15.03 |
| 2003-12-31 | 14.03 |
| 2003-09-30 | 2.05 |
| 2003-06-30 | 2.76 |
| 2003-03-31 | 2.11 |
| 2002-12-31 | 3.18 |
| 2002-09-30 | 4.95 |
