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 0.89 is 12% above its 5-year average of 0.80, near the high end of its 5-year range (0.65–0.90).
As of the fiscal period ended Friday, June 26, 2026. 3.47% above its 12-month average of 0.86.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-26): 0.89.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
0.86
QUICK RATIO (ACID-TEST) AVG 3Y
0.83
QUICK RATIO (ACID-TEST) AVG 5Y
0.80
QUICK RATIO (ACID-TEST) AVG 10Y
0.78
QUICK RATIO (ACID-TEST) AVG 15Y
0.78
QUICK RATIO (ACID-TEST) AVG 20Y
0.78
CURRENT VS TTM AVG
+3.47%
CURRENT VS 3Y AVG
+7.81%
CURRENT VS 5Y AVG
+11.82%
CURRENT VS 10Y AVG
+13.99%
CURRENT VS 15Y AVG
+14.21%
CURRENT VS 20Y AVG
+14.66%
SECTOR MEDIAN · TECHNOLOGY
1.60
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
-44.29%
vs the sector median at left
Market Cap
$44.22B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.32
3Y Avg
0.97
5Y Avg
0.94
Market Cap
$44.37B
Quick Ratio (Acid-Test)
5.46
TTM Avg
4.70
3Y Avg
4.39
5Y Avg
4.08
Market Cap
$44.71B
Quick Ratio (Acid-Test)
0.86
TTM Avg
0.77
3Y Avg
0.80
5Y Avg
0.79
Market Cap
$40.75B
Quick Ratio (Acid-Test)
5.82
TTM Avg
8.88
3Y Avg
8.66
5Y Avg
9.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Flex Ltd. (FLEX) | $43.08B | 0.89 | 0.86 | 0.83 | 0.80 |
| Microchip Technology Incorporated (MCHP)vs › | $44.22B | 1.11 | 1.32 | 0.97 | 0.94 |
| Block, Inc. (XYZ)vs › | $44.28B | 2.19 | 2.25 | 2.08 | 2.02 |
| Veeva Systems Inc. (VEEV)vs › | $44.37B | 5.46 | 4.70 | 4.39 | 4.08 |
| NetApp, Inc. (NTAP)vs › | $44.45B | 1.16 | 1.30 | 1.26 | 1.37 |
| Celestica Inc. (CLS)vs › | $44.50B | 0.68 | 0.90 | 0.80 | 0.83 |
| Autodesk, Inc. (ADSK)vs › | $44.71B | 0.86 | 0.77 | 0.80 | 0.79 |
| Twilio Inc. (TWLO)vs › | $44.78B | 4.62 | 4.12 | 5.26 | 6.17 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $40.75B | 5.82 | 8.88 | 8.66 | 9.31 |
| Cerebras Systems Inc. (CBRS)vs › | $39.47B | 5.80 | 1.40 | 4.13 | 4.13 |
Quick Ratio
0.89
Excludes inventory
Current Ratio
1.38
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) |
|---|---|
| 2026-06-26 | 0.89 |
| 2026-03-31 | 0.87 |
| 2025-12-31 | 0.88 |
| 2025-09-26 | 0.83 |
| 2025-06-27 | 0.83 |
| 2025-03-31 | 0.79 |
| 2024-12-31 | 0.83 |
| 2024-09-27 | 0.85 |
| 2024-06-28 | 0.75 |
| 2024-03-31 | 0.79 |
| 2023-12-31 | 0.86 |
| 2023-09-29 | 0.82 |
| 2023-06-30 | 0.75 |
| 2023-03-31 | 0.80 |
| 2022-12-31 | 0.68 |
| 2022-09-30 | 0.65 |
| 2022-07-01 | 0.68 |
| 2022-03-31 | 0.72 |
| 2021-12-31 | 0.75 |
| 2021-10-01 | 0.81 |
| 2021-07-02 | 0.90 |
| 2021-03-31 | 0.95 |
| 2020-12-31 | 0.99 |
| 2020-09-25 | 0.96 |
| 2020-06-26 | 0.89 |
| 2020-03-31 | 0.74 |
| 2019-12-31 | 0.75 |
| 2019-09-27 | 0.76 |
| 2019-06-28 | 0.76 |
| 2019-03-31 | 0.71 |
| 2018-12-31 | 0.75 |
| 2018-09-28 | 0.69 |
| 2018-06-29 | 0.73 |
| 2018-03-31 | 0.74 |
| 2017-12-31 | 0.72 |
| 2017-09-29 | 0.70 |
| 2017-06-30 | 0.73 |
| 2017-03-31 | 0.77 |
| 2016-12-31 | 0.74 |
| 2016-09-30 | 0.71 |
| 2016-07-01 | 0.73 |
| 2016-03-31 | 0.73 |
| 2015-12-31 | 0.76 |
| 2015-09-25 | 0.77 |
| 2015-06-26 | 0.87 |
| 2015-03-31 | 0.78 |
| 2014-12-31 | 0.77 |
| 2014-09-26 | 0.74 |
| 2014-06-27 | 0.76 |
| 2014-03-31 | 0.76 |
| 2013-12-31 | 0.71 |
| 2013-09-30 | 0.69 |
| 2013-06-28 | 0.73 |
| 2013-03-31 | 0.82 |
| 2012-12-31 | 0.83 |
| 2012-09-28 | 0.83 |
| 2012-06-29 | 0.84 |
| 2012-03-31 | 0.83 |
| 2011-12-31 | 0.79 |
| 2011-09-30 | 0.77 |
| 2011-07-01 | 0.77 |
| 2011-03-31 | 0.81 |
| 2010-12-31 | 0.79 |
| 2010-10-01 | 0.77 |
| 2010-07-02 | 0.75 |
| 2010-03-31 | 0.81 |
| 2009-12-31 | 0.85 |
| 2009-10-02 | 0.82 |
| 2009-07-03 | 0.77 |
| 2009-03-31 | 0.77 |
| 2008-12-31 | 0.79 |
| 2008-09-26 | 0.74 |
| 2008-06-27 | 0.84 |
| 2008-03-31 | 0.84 |
| 2007-12-31 | 0.80 |
| 2007-09-28 | 0.73 |
| 2007-06-29 | 0.72 |
| 2007-03-31 | 0.67 |
| 2006-12-31 | 0.70 |
| 2006-09-30 | 0.69 |
| 2006-06-30 | 0.72 |
| 2006-03-31 | 0.80 |
| 2005-12-31 | 0.84 |
| 2005-09-30 | 0.85 |
| 2005-07-01 | 0.87 |
| 2005-03-31 | 0.84 |
| 2004-12-31 | 0.89 |
| 2004-09-30 | 0.87 |
| 2004-06-30 | 0.87 |
| 2004-03-31 | 0.91 |
| 2003-12-31 | 0.95 |
| 2003-09-30 | 0.95 |
| 2003-06-30 | 1.00 |
| 2003-03-31 | 0.91 |
| 2002-12-31 | 0.84 |
| 2002-09-30 | 0.86 |
