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 7.22 is in line with its 5-year average of 7.12, around the middle of its 5-year range (4.27–10.09).
As of the fiscal period ended Tuesday, June 30, 2026. 6.36% below its 12-month average of 7.71.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.22.
QUICK RATIO (ACID-TEST)
7.22
QUICK RATIO (ACID-TEST) AVG TTM
7.71
QUICK RATIO (ACID-TEST) AVG 3Y
7.47
QUICK RATIO (ACID-TEST) AVG 5Y
7.12
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
-6.36%
CURRENT VS 3Y AVG
-3.44%
CURRENT VS 5Y AVG
+1.41%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.71
median of 466 covered companies
CURRENT VS SECTOR MEDIAN
+323.22%
vs the sector median at left
Grid Dynamics Holdings, Inc.
Market Cap
$638.06M
Quick Ratio (Acid-Test)
7.22
TTM Avg
7.71
3Y Avg
7.47
5Y Avg
7.12
Market Cap
$629.89M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.09
Market Cap
$620.13M
Quick Ratio (Acid-Test)
2.86
TTM Avg
3.64
3Y Avg
3.66
5Y Avg
3.66
Market Cap
$658.66M
Quick Ratio (Acid-Test)
1.22
TTM Avg
1.24
3Y Avg
1.23
5Y Avg
1.22
Market Cap
$661.63M
Quick Ratio (Acid-Test)
1.90
TTM Avg
1.36
3Y Avg
1.60
5Y Avg
1.43
Market Cap
$594.53M
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.15
3Y Avg
1.17
5Y Avg
1.37
Market Cap
$683.01M
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.88
3Y Avg
1.70
5Y Avg
1.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grid Dynamics Holdings, Inc. (GDYN) | $638.06M | 7.22 | 7.71 | 7.47 | 7.12 |
| Climb Global Solutions, Inc. (CLMB)vs › | $629.89M | 1.11 | 1.06 | 1.07 | 1.09 |
| indie Semiconductor, Inc. (INDI)vs › | $620.13M | 2.86 | 3.64 | 3.66 | 3.66 |
| Cognyte Software Ltd. (CGNT)vs › | $658.66M | 1.22 | 1.24 | 1.23 | 1.22 |
| Consensus Cloud Solutions, Inc. (CCSI)vs › | $661.63M | 1.90 | 1.36 | 1.60 | 1.43 |
| Docebo Inc. (DCBO)vs › | $612.41M | 0.83 | 1.17 | 1.68 | 2.60 |
| ADTRAN Holdings Inc. (ADTN)vs › | $594.53M | 1.19 | 1.15 | 1.17 | 1.37 |
| Gilat Satellite Networks Ltd. (GILT)vs › | $683.01M | 1.65 | 1.88 | 1.70 | 1.63 |
| IBEX Limited (IBEX)vs › | $588.85M | 2.10 | 1.96 | 2.15 | 1.90 |
| LightPath Technologies, Inc. (LPTH)vs › | $700.10M | -687829.92 | 1.02 | 1.40 | 1.45 |
Quick Ratio
7.22
Excludes inventory
Current Ratio
7.22
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 | 7.22 |
| 2026-03-31 | 7.88 |
| 2025-12-31 | 8.43 |
| 2025-09-30 | 7.63 |
| 2025-06-30 | 7.37 |
| 2025-03-31 | 7.25 |
| 2024-12-31 | 7.62 |
| 2024-09-30 | 5.96 |
| 2024-06-30 | 7.14 |
| 2024-03-31 | 7.48 |
| 2023-12-31 | 7.67 |
| 2023-09-30 | 6.21 |
| 2023-06-30 | 6.01 |
| 2023-03-31 | 6.55 |
| 2022-12-31 | 8.35 |
| 2022-09-30 | 10.09 |
| 2022-06-30 | 5.39 |
| 2022-03-31 | 6.32 |
| 2021-12-31 | 7.61 |
| 2021-09-30 | 9.95 |
| 2021-06-30 | 4.27 |
| 2021-03-31 | 7.05 |
| 2020-12-31 | 10.11 |
| 2020-09-30 | 18.96 |
| 2020-06-30 | 18.98 |
| 2020-03-31 | 14.85 |
| 2019-12-31 | 7.95 |
| 2019-09-30 | 7.28 |
| 2019-06-30 | 2.01 |
| 2019-03-31 | 2.71 |
| 2018-12-31 | 4.46 |
| 2018-09-30 | 0.00 |
