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 3.86 is in line with its 5-year average of 3.67, near the low end of its 5-year range (2.05–18.86).
As of the fiscal period ended Tuesday, June 30, 2026. 17.78% below its 12-month average of 4.69.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.86.
QUICK RATIO (ACID-TEST)
3.86
QUICK RATIO (ACID-TEST) AVG TTM
4.69
QUICK RATIO (ACID-TEST) AVG 3Y
3.65
QUICK RATIO (ACID-TEST) AVG 5Y
3.67
QUICK RATIO (ACID-TEST) AVG 10Y
4.55
QUICK RATIO (ACID-TEST) AVG 15Y
7.99
QUICK RATIO (ACID-TEST) AVG 20Y
6.58
CURRENT VS TTM AVG
-17.78%
CURRENT VS 3Y AVG
+5.88%
CURRENT VS 5Y AVG
+5.07%
CURRENT VS 10Y AVG
-15.17%
CURRENT VS 15Y AVG
-51.67%
CURRENT VS 20Y AVG
-41.37%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 733 covered companies
CURRENT VS SECTOR MEDIAN
+21.01%
vs the sector median at left
Gyre Therapeutics, Inc.
Market Cap
$802.16M
Quick Ratio (Acid-Test)
3.86
TTM Avg
4.69
3Y Avg
3.65
5Y Avg
3.67
Market Cap
$797.41M
Quick Ratio (Acid-Test)
0.98
TTM Avg
0.95
3Y Avg
0.97
5Y Avg
0.95
Market Cap
$813.54M
Quick Ratio (Acid-Test)
3.15
TTM Avg
4.21
3Y Avg
3.84
5Y Avg
4.13
Market Cap
$789.58M
Quick Ratio (Acid-Test)
5.16
TTM Avg
4.89
3Y Avg
3.82
5Y Avg
4.31
Market Cap
$788.34M
Quick Ratio (Acid-Test)
1.38
TTM Avg
2.71
3Y Avg
3.18
5Y Avg
5.09
Market Cap
$819.99M
Quick Ratio (Acid-Test)
4.03
TTM Avg
6.29
3Y Avg
5.71
5Y Avg
7.79
Market Cap
$780.99M
Quick Ratio (Acid-Test)
9.39
TTM Avg
11.79
3Y Avg
11.79
5Y Avg
11.79
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gyre Therapeutics, Inc. (GYRE) | $802.16M | 3.86 | 4.69 | 3.65 | 3.67 |
| InMode Ltd. (INMD)vs › | $805.36M | 7.28 | 9.00 | 9.42 | 9.03 |
| AdaptHealth Corp. (AHCO)vs › | $797.41M | 0.98 | 0.95 | 0.97 | 0.95 |
| Apnimed, Inc. (APMD)vs › | $792.48M | N/A | N/A | N/A | N/A |
| Ardelyx, Inc. (ARDX)vs › | $813.54M | 3.15 | 4.21 | 3.84 | 4.13 |
| Geron Corporation (GERN)vs › | $789.58M | 5.16 | 4.89 | 3.82 | 4.31 |
| Sana Biotechnology, Inc. (SANA)vs › | $788.34M | 1.38 | 2.71 | 3.18 | 5.09 |
| Pacific Biosciences of California, Inc. (PACB)vs › | $819.99M | 4.03 | 6.29 | 5.71 | 7.79 |
| Attovia Therapeutics, Inc. (ATTO)vs › | $780.99M | 9.39 | 11.79 | 11.79 | 11.79 |
| Lexicon Pharmaceuticals, Inc. (LXRX)vs › | $779.56M | 13.29 | 5.16 | 5.49 | 4.89 |
Quick Ratio
3.86
Excludes inventory
Current Ratio
4.26
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 | 3.86 |
| 2026-03-31 | 4.06 |
| 2025-12-31 | 5.04 |
| 2025-09-30 | 5.64 |
| 2025-06-30 | 4.87 |
| 2025-03-31 | 3.19 |
| 2024-12-31 | 2.99 |
| 2024-09-30 | 3.29 |
| 2024-06-30 | 3.07 |
| 2024-03-31 | 2.97 |
| 2023-12-31 | 2.64 |
| 2023-09-30 | 2.88 |
| 2023-06-30 | 2.89 |
| 2023-03-31 | 2.05 |
| 2022-12-31 | 3.56 |
| 2022-09-30 | 3.56 |
| 2022-06-30 | 18.86 |
| 2022-03-31 | 2.78 |
| 2021-12-31 | 3.63 |
| 2021-09-30 | 4.29 |
| 2021-06-30 | 6.22 |
| 2021-03-31 | 8.22 |
| 2020-12-31 | 5.03 |
| 2020-09-30 | 6.42 |
| 2020-06-30 | 8.88 |
| 2020-03-31 | 9.13 |
| 2019-12-31 | 3.32 |
| 2019-09-30 | 9.82 |
| 2019-06-30 | 15.83 |
| 2019-03-31 | 24.94 |
| 2018-12-31 | 25.83 |
| 2018-09-30 | 40.20 |
| 2018-06-30 | 56.98 |
| 2018-03-31 | 50.15 |
| 2017-12-31 | 4.48 |
| 2017-09-30 | 3.58 |
| 2017-06-30 | 4.23 |
| 2017-03-31 | 1.87 |
| 2016-12-31 | 1.71 |
| 2016-09-30 | 1.59 |
| 2016-06-30 | 1.67 |
| 2016-03-31 | 1.82 |
| 2015-12-31 | 1.82 |
| 2015-09-30 | 1.92 |
| 2015-06-30 | 60.98 |
| 2015-03-31 | 26.96 |
| 2014-12-31 | 37.16 |
| 2014-09-30 | 36.31 |
| 2014-06-30 | 16.66 |
| 2014-03-31 | 9.98 |
| 2013-12-31 | 13.30 |
| 2013-09-30 | 14.93 |
| 2013-06-30 | 19.60 |
| 2013-03-31 | 21.34 |
| 2012-12-31 | 16.78 |
| 2012-09-30 | 15.36 |
| 2012-06-30 | 27.92 |
| 2012-03-31 | 8.36 |
| 2011-12-31 | 2.53 |
| 2011-09-30 | 5.21 |
| 2011-06-30 | 5.92 |
| 2011-03-31 | 4.61 |
| 2010-12-31 | 2.22 |
| 2010-09-30 | 2.45 |
| 2010-06-30 | 2.51 |
| 2010-03-31 | 6.74 |
| 2009-12-31 | 3.09 |
| 2009-09-30 | 11.36 |
| 2009-06-30 | 5.95 |
| 2009-03-31 | 6.94 |
| 2008-12-31 | 6.66 |
| 2008-09-30 | 6.92 |
| 2008-06-30 | 7.58 |
| 2008-03-31 | 7.17 |
| 2007-12-31 | 6.07 |
| 2007-09-30 | 7.99 |
| 2007-06-30 | 7.95 |
| 2007-03-31 | 10.57 |
| 2006-12-31 | 8.79 |
| 2006-09-30 | 8.47 |
| 2006-06-30 | 9.77 |
| 2006-03-31 | 5.66 |
| 2005-12-31 | 4.93 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
