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 1.21 is 55% below its 5-year average of 2.69, near the low end of its 5-year range (1.21–8.25).
As of the fiscal period ended Tuesday, June 30, 2026. 24.35% below its 12-month average of 1.60.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.60
QUICK RATIO (ACID-TEST) AVG 3Y
1.92
QUICK RATIO (ACID-TEST) AVG 5Y
2.69
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-24.35%
CURRENT VS 3Y AVG
-36.82%
CURRENT VS 5Y AVG
-55.04%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.62
median of 229 covered companies
CURRENT VS SECTOR MEDIAN
-25.24%
vs the sector median at left
Shift4 Payments, Inc.
Market Cap
$3.29B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.60
3Y Avg
1.92
5Y Avg
2.69
Market Cap
$3.26B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.82
3Y Avg
1.75
5Y Avg
1.74
Market Cap
$3.33B
Quick Ratio (Acid-Test)
1.46
TTM Avg
2.58
3Y Avg
2.77
5Y Avg
2.69
Market Cap
$3.50B
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.95
3Y Avg
2.46
5Y Avg
2.47
Market Cap
$3.01B
Quick Ratio (Acid-Test)
2.29
TTM Avg
2.18
3Y Avg
2.64
5Y Avg
3.23
Market Cap
$2.84B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.84
3Y Avg
0.89
5Y Avg
0.95
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shift4 Payments, Inc. (FOUR) | $3.29B | 1.21 | 1.60 | 1.92 | 2.69 |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.26B | 1.25 | 1.82 | 1.75 | 1.74 |
| monday.com Ltd. (MNDY)vs › | $3.33B | 1.46 | 2.58 | 2.77 | 2.69 |
| Bel Fuse Inc. (BELFB)vs › | $3.12B | 3.20 | 1.69 | 1.78 | 1.81 |
| Cohu, Inc. (COHU)vs › | $3.47B | 4.72 | 5.15 | 4.67 | 4.35 |
| Veeco Instruments Inc. (VECO)vs › | $3.50B | 2.69 | 2.95 | 2.46 | 2.47 |
| Ambarella, Inc. (AMBA)vs › | $3.01B | 2.29 | 2.18 | 2.64 | 3.23 |
| Teradata Corporation (TDC)vs › | $2.84B | 0.91 | 0.84 | 0.89 | 0.95 |
| Itron, Inc. (ITRI)vs › | $3.79B | 2.29 | 2.24 | 1.78 | 1.61 |
| Wix.com Ltd. (WIX)vs › | $3.81B | 0.61 | 1.01 | 1.08 | 1.30 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
1.21
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 | 1.21 |
| 2026-03-31 | 1.22 |
| 2025-12-31 | 1.66 |
| 2025-09-30 | 1.38 |
| 2025-06-30 | 2.53 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.38 |
| 2024-09-30 | 2.97 |
| 2024-06-30 | 1.34 |
| 2024-03-31 | 1.70 |
| 2023-12-31 | 1.63 |
| 2023-09-30 | 3.31 |
| 2023-06-30 | 3.23 |
| 2023-03-31 | 3.69 |
| 2022-12-31 | 3.68 |
| 2022-09-30 | 3.31 |
| 2022-06-30 | 4.66 |
| 2022-03-31 | 5.51 |
| 2021-12-31 | 7.89 |
| 2021-09-30 | 8.25 |
| 2021-06-30 | 5.42 |
| 2021-03-31 | 7.08 |
| 2020-12-31 | 10.38 |
| 2020-09-30 | 3.82 |
| 2020-06-30 | 3.24 |
| 2020-03-31 | 1.29 |
| 2019-12-31 | 0.75 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |