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 0.10 is 94% below its 5-year average of 1.58, near the low end of its 5-year range (0.08–5.51).
As of the fiscal period ended Tuesday, June 30, 2026. 92.19% below its 12-month average of 1.24.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.10.
QUICK RATIO (ACID-TEST)
0.10
QUICK RATIO (ACID-TEST) AVG TTM
1.24
QUICK RATIO (ACID-TEST) AVG 3Y
1.35
QUICK RATIO (ACID-TEST) AVG 5Y
1.58
QUICK RATIO (ACID-TEST) AVG 10Y
3.16
QUICK RATIO (ACID-TEST) AVG 15Y
5.71
QUICK RATIO (ACID-TEST) AVG 20Y
3.95
CURRENT VS TTM AVG
-92.19%
CURRENT VS 3Y AVG
-92.84%
CURRENT VS 5Y AVG
-93.89%
CURRENT VS 10Y AVG
-96.94%
CURRENT VS 15Y AVG
-98.31%
CURRENT VS 20Y AVG
-97.55%
SECTOR MEDIAN · HEALTHCARE
3.07
median of 689 covered companies
CURRENT VS SECTOR MEDIAN
-96.85%
vs the sector median at left
Galectin Therapeutics Inc.
Market Cap
$242.35M
Quick Ratio (Acid-Test)
0.10
TTM Avg
1.24
3Y Avg
1.35
5Y Avg
1.58
Market Cap
$243.62M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.01
3Y Avg
1.61
5Y Avg
1.29
Market Cap
$240.98M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.13
3Y Avg
1.14
5Y Avg
1.18
Market Cap
$240.97M
Quick Ratio (Acid-Test)
4.70
TTM Avg
7.13
3Y Avg
7.51
5Y Avg
5.59
Market Cap
$246.67M
Quick Ratio (Acid-Test)
1.54
TTM Avg
1.17
3Y Avg
19.33
5Y Avg
29.22
Market Cap
$237.69M
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.81
3Y Avg
0.76
5Y Avg
0.71
Market Cap
$237.38M
Quick Ratio (Acid-Test)
17.19
TTM Avg
13.55
3Y Avg
8.08
5Y Avg
8.08
Market Cap
$247.82M
Quick Ratio (Acid-Test)
5.86
TTM Avg
4.06
3Y Avg
6.91
5Y Avg
7.76
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Galectin Therapeutics Inc. (GALT) | $242.35M | 0.10 | 1.24 | 1.35 | 1.58 |
| InflaRx N.V. (IFRX)vs › | $241.56M | 8.22 | 4.35 | 5.50 | 5.94 |
| Lifecore Biomedical, Inc. (LFCR)vs › | $243.62M | 2.69 | 2.01 | 1.61 | 1.29 |
| Akebia Therapeutics, Inc. (AKBA)vs › | $240.98M | 1.35 | 1.13 | 1.14 | 1.18 |
| CAMP4 Therapeutics Corporation (CAMP)vs › | $240.97M | 4.70 | 7.13 | 7.51 | 5.59 |
| Greenwich LifeSciences, Inc. (GLSI)vs › | $246.67M | 1.54 | 1.17 | 19.33 | 29.22 |
| High Tide Inc. (HITI)vs › | $237.69M | 0.81 | 0.81 | 0.76 | 0.71 |
| BioAge Labs Inc. (BIOA)vs › | $237.38M | 17.19 | 13.55 | 8.08 | 8.08 |
| Invivyd, Inc. (IVVD)vs › | $247.82M | 5.86 | 4.06 | 6.91 | 7.76 |
| MacroGenics, Inc. (MGNX)vs › | $236.45M | 2.96 | 4.42 | 4.46 | 4.62 |
Quick Ratio
0.10
Excludes inventory
Current Ratio
0.10
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 | 0.10 |
| 2026-03-31 | 2.15 |
| 2025-12-31 | 2.42 |
| 2025-09-30 | 0.09 |
| 2025-06-30 | 1.43 |
| 2025-03-31 | 0.08 |
| 2024-12-31 | 0.49 |
| 2024-09-30 | 1.13 |
| 2024-06-30 | 1.87 |
| 2024-03-31 | 2.02 |
| 2023-12-31 | 1.77 |
| 2023-09-30 | 2.05 |
| 2023-06-30 | 1.96 |
| 2023-03-31 | 1.70 |
| 2022-12-31 | 1.58 |
| 2022-09-30 | 1.79 |
| 2022-06-30 | 2.37 |
| 2022-03-31 | 3.51 |
| 2021-12-31 | 4.63 |
| 2021-09-30 | 4.58 |
| 2021-06-30 | 5.51 |
| 2021-03-31 | 4.89 |
| 2020-12-31 | 5.46 |
| 2020-09-30 | 13.62 |
| 2020-06-30 | 9.62 |
| 2020-03-31 | 33.35 |
| 2019-12-31 | 17.10 |
| 2019-09-30 | 41.51 |
| 2019-06-30 | 39.95 |
| 2019-03-31 | 8.25 |
| 2018-12-31 | 4.19 |
| 2018-09-30 | 6.40 |
| 2018-06-30 | 7.69 |
| 2018-03-31 | 2.05 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.62 |
| 2017-06-30 | 2.66 |
| 2017-03-31 | 3.21 |
| 2016-12-31 | 4.18 |
| 2016-09-30 | 3.94 |
| 2016-06-30 | 5.02 |
| 2016-03-31 | 7.01 |
| 2015-12-31 | 19.41 |
| 2015-09-30 | 12.46 |
| 2015-06-30 | 13.98 |
| 2015-03-31 | 23.21 |
| 2014-12-31 | 17.42 |
| 2014-09-30 | 22.67 |
| 2014-06-30 | 16.07 |
| 2014-03-31 | 18.97 |
| 2013-12-31 | 4.30 |
| 2013-09-30 | 6.08 |
| 2013-06-30 | 3.47 |
| 2013-03-31 | 4.87 |
| 2012-12-31 | 5.81 |
| 2012-09-30 | 7.73 |
| 2012-06-30 | 7.42 |
| 2012-03-31 | 7.23 |
| 2011-12-31 | 2.93 |
| 2011-09-30 | 9.81 |
| 2011-06-30 | 10.25 |
| 2011-03-31 | 8.18 |
| 2010-12-31 | 3.50 |
| 2010-09-30 | 3.71 |
| 2010-06-30 | 2.83 |
| 2010-03-31 | 0.20 |
| 2009-12-31 | 0.29 |
| 2009-09-30 | 0.49 |
| 2009-06-30 | 0.78 |
| 2009-03-31 | 0.70 |
| 2008-12-31 | 0.35 |
| 2008-09-30 | 1.26 |
| 2008-06-30 | 2.45 |
| 2008-03-31 | 3.52 |
| 2007-12-31 | 0.53 |
| 2007-09-30 | 0.93 |
| 2007-06-30 | 1.79 |
| 2007-03-31 | 2.61 |
| 2006-12-31 | 0.99 |
| 2006-09-30 | 1.30 |
| 2006-06-30 | 1.41 |
| 2006-03-31 | 2.00 |
| 2005-12-31 | 3.40 |
| 2005-09-30 | 5.06 |
| 2005-06-30 | 8.55 |
| 2005-03-31 | 11.21 |
| 2004-12-31 | 10.77 |
| 2004-09-30 | 20.63 |
| 2004-06-30 | 12.71 |
| 2004-03-31 | 5.90 |
| 2003-12-31 | 20.36 |
| 2003-09-30 | 12.06 |
| 2003-06-30 | 4.51 |
| 2003-03-31 | 7.20 |
| 2002-12-31 | 2.99 |
| 2002-09-30 | 3.07 |