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 2.08 is in line with its 5-year average of 2.27, around the middle of its 5-year range (1.64–3.02).
As of the fiscal period ended Saturday, June 27, 2026. 13.34% below its 12-month average of 2.41.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.08
QUICK RATIO (ACID-TEST) AVG TTM
2.41
QUICK RATIO (ACID-TEST) AVG 3Y
2.39
QUICK RATIO (ACID-TEST) AVG 5Y
2.27
QUICK RATIO (ACID-TEST) AVG 10Y
2.29
QUICK RATIO (ACID-TEST) AVG 15Y
2.26
QUICK RATIO (ACID-TEST) AVG 20Y
2.35
CURRENT VS TTM AVG
-13.34%
CURRENT VS 3Y AVG
-12.76%
CURRENT VS 5Y AVG
-8.26%
CURRENT VS 10Y AVG
-8.86%
CURRENT VS 15Y AVG
-7.65%
CURRENT VS 20Y AVG
-11.40%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+31.94%
vs the sector median at left
Market Cap
$59.90B
Quick Ratio (Acid-Test)
1.03
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.06
Market Cap
$53.93B
Quick Ratio (Acid-Test)
3.18
TTM Avg
3.80
3Y Avg
3.84
5Y Avg
3.75
Market Cap
$53.44B
Quick Ratio (Acid-Test)
1.78
TTM Avg
2.02
3Y Avg
2.08
5Y Avg
2.18
Market Cap
$61.82B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.49
3Y Avg
1.49
5Y Avg
1.54
Market Cap
$52.67B
Quick Ratio (Acid-Test)
2.09
TTM Avg
2.40
3Y Avg
2.49
5Y Avg
2.58
Market Cap
$52.55B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.00
3Y Avg
1.15
5Y Avg
1.37
Market Cap
$62.44B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.88
3Y Avg
0.77
5Y Avg
0.75
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Garmin Ltd. (GRMN) | $57.38B | 2.08 | 2.41 | 2.39 | 2.27 |
| Teradyne, Inc. (TER)vs › | $57.21B | 1.41 | 1.63 | 1.81 | 2.08 |
| TE Connectivity plc (TEL)vs › | $59.90B | 1.03 | 1.06 | 1.07 | 1.06 |
| Lumentum Holdings Inc. (LITE)vs › | $53.93B | 3.18 | 3.80 | 3.84 | 3.75 |
| Keysight Technologies, Inc. (KEYS)vs › | $53.44B | 1.78 | 2.02 | 2.08 | 2.18 |
| NXP Semiconductors N.V. (NXPI)vs › | $61.82B | 1.38 | 1.49 | 1.49 | 1.54 |
| Ciena Corporation (CIEN)vs › | $52.67B | 2.09 | 2.40 | 2.49 | 2.58 |
| Electronic Arts Inc. (EA)vs › | $52.55B | 1.05 | 1.00 | 1.15 | 1.37 |
| Hewlett Packard Enterprise Company (HPE)vs › | $62.44B | 0.76 | 0.88 | 0.77 | 0.75 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $51.37B | 9.79 | 10.50 | 7.51 | 7.51 |
Quick Ratio
2.08
Excludes inventory
Current Ratio
3.63
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) |
|---|---|
| 2026-06-27 | 2.08 |
| 2026-03-28 | 3.02 |
| 2025-12-27 | 2.60 |
| 2025-09-27 | 2.24 |
| 2025-06-28 | 2.09 |
| 2025-03-29 | 2.91 |
| 2024-12-31 | 2.56 |
| 2024-09-28 | 2.35 |
| 2024-06-29 | 2.07 |
| 2024-03-30 | 2.86 |
| 2023-12-31 | 2.38 |
| 2023-09-30 | 2.05 |
| 2023-07-01 | 1.87 |
| 2023-04-01 | 2.46 |
| 2022-12-31 | 2.01 |
| 2022-09-24 | 1.68 |
| 2022-06-25 | 1.64 |
| 2022-03-26 | 2.38 |
| 2021-12-31 | 2.10 |
| 2021-09-25 | 2.11 |
| 2021-06-26 | 2.02 |
| 2021-03-27 | 2.91 |
| 2020-12-31 | 2.50 |
| 2020-09-26 | 2.24 |
| 2020-06-27 | 2.10 |
| 2020-03-28 | 2.74 |
| 2019-12-31 | 2.22 |
| 2019-09-28 | 1.93 |
| 2019-06-29 | 1.76 |
| 2019-03-30 | 3.07 |
| 2018-12-31 | 2.28 |
| 2018-09-29 | 2.16 |
| 2018-06-30 | 1.96 |
| 2018-03-31 | 2.95 |
| 2017-12-31 | 2.23 |
| 2017-09-30 | 2.08 |
| 2017-07-01 | 1.92 |
| 2017-04-01 | 2.84 |
| 2016-12-31 | 2.27 |
| 2016-09-24 | 1.86 |
| 2016-06-25 | 1.69 |
| 2016-03-26 | 2.37 |
| 2015-12-31 | 1.98 |
| 2015-09-26 | 1.93 |
| 2015-06-27 | 1.90 |
| 2015-03-28 | 2.46 |
| 2014-12-31 | 2.02 |
| 2014-09-27 | 1.74 |
| 2014-06-28 | 2.13 |
| 2014-03-29 | 2.79 |
| 2013-12-31 | 2.44 |
| 2013-09-28 | 2.08 |
| 2013-06-29 | 2.21 |
| 2013-03-30 | 3.17 |
| 2012-12-31 | 2.36 |
| 2012-09-29 | 2.30 |
| 2012-06-30 | 2.21 |
| 2012-03-31 | 3.27 |
| 2011-12-31 | 2.53 |
| 2011-09-24 | 2.29 |
| 2011-06-25 | 2.27 |
| 2011-03-26 | 3.79 |
| 2010-12-31 | 3.16 |
| 2010-09-25 | 3.30 |
| 2010-06-26 | 4.13 |
| 2010-03-27 | 2.73 |
| 2009-12-31 | 3.05 |
| 2009-09-26 | 2.40 |
| 2009-06-27 | 3.78 |
| 2009-03-28 | 4.88 |
| 2008-12-31 | 3.25 |
| 2008-09-27 | 1.92 |
| 2008-06-28 | 2.17 |
| 2008-03-29 | 2.69 |
| 2007-12-31 | 2.28 |
| 2007-09-29 | 2.40 |
| 2007-06-30 | 3.26 |
| 2007-03-31 | 4.06 |
| 2006-12-31 | 2.66 |
| 2006-09-30 | 1.79 |
| 2006-07-01 | 2.13 |
| 2006-04-01 | 3.27 |
| 2005-12-31 | 3.08 |
| 2005-09-24 | 2.63 |
| 2005-06-25 | 3.62 |
| 2005-03-26 | 3.10 |
| 2004-12-31 | 2.73 |
| 2004-09-25 | 2.56 |
| 2004-06-26 | 3.64 |
| 2004-03-27 | 4.55 |
| 2003-12-31 | 4.24 |
| 2003-09-27 | 3.15 |
| 2003-06-28 | 5.65 |
| 2003-03-29 | 5.69 |
| 2002-12-31 | 5.55 |
| 2002-09-28 | 6.84 |
