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 0.60 is 51% below its 5-year average of 1.22, near the low end of its 5-year range (0.21–3.07).
As of the fiscal period ended Tuesday, June 30, 2026. 59.06% below its 12-month average of 1.47.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.60.
QUICK RATIO (ACID-TEST)
0.60
QUICK RATIO (ACID-TEST) AVG TTM
1.47
QUICK RATIO (ACID-TEST) AVG 3Y
0.63
QUICK RATIO (ACID-TEST) AVG 5Y
1.22
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
-59.06%
CURRENT VS 3Y AVG
-4.65%
CURRENT VS 5Y AVG
-50.71%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 506 covered companies
CURRENT VS SECTOR MEDIAN
-79.82%
vs the sector median at left
Healthcare Triangle, Inc.
Market Cap
$8.91M
Quick Ratio (Acid-Test)
0.60
TTM Avg
1.47
3Y Avg
0.63
5Y Avg
1.22
Market Cap
$8.83M
Quick Ratio (Acid-Test)
7.38
TTM Avg
1.60
3Y Avg
1.43
5Y Avg
7.59
Market Cap
$8.18M
Quick Ratio (Acid-Test)
-71.42
TTM Avg
0.41
3Y Avg
1.44
5Y Avg
1.15
Market Cap
$9.75M
Quick Ratio (Acid-Test)
1.47
TTM Avg
3.80
3Y Avg
5.18
5Y Avg
6.13
Market Cap
$8.42M
Quick Ratio (Acid-Test)
13.55
TTM Avg
6.32
3Y Avg
6.80
5Y Avg
6.83
Market Cap
$9.88M
Quick Ratio (Acid-Test)
1.87
TTM Avg
2.08
3Y Avg
1.11
5Y Avg
1.21
Market Cap
$10.27M
Quick Ratio (Acid-Test)
4.93
TTM Avg
13.09
3Y Avg
13.09
5Y Avg
13.09
Market Cap
$7.96M
Quick Ratio (Acid-Test)
2.61
TTM Avg
2.11
3Y Avg
2.42
5Y Avg
2.17
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Healthcare Triangle, Inc. (HCTI) | $8.91M | 0.60 | 1.47 | 0.63 | 1.22 |
| Advanced Biomed Inc. Common Stock (ADVB)vs › | $8.83M | 7.38 | 1.60 | 1.43 | 7.59 |
| HeartSciences Inc. (HSCS)vs › | $8.18M | -71.42 | 0.41 | 1.44 | 1.15 |
| Jasper Therapeutics, Inc. (JSPR)vs › | $9.75M | 1.47 | 3.80 | 5.18 | 6.13 |
| Ainos, Inc. (AIMD)vs › | $9.94M | 0.12 | 0.92 | 1.12 | 0.77 |
| Aprea Therapeutics, Inc. (APRE)vs › | $8.42M | 13.55 | 6.32 | 6.80 | 6.83 |
| SeaStar Medical Holding Corporation (ICU)vs › | $9.88M | 1.87 | 2.08 | 1.11 | 1.21 |
| Caring Brands, Inc. (CABR)vs › | $10.27M | 4.93 | 13.09 | 13.09 | 13.09 |
| GT Biopharma, Inc. (GTBP)vs › | $7.96M | 2.61 | 2.11 | 2.42 | 2.17 |
| CNS Pharmaceuticals, Inc. (CNSP)vs › | $7.89M | 5.86 | 2.71 | 2.06 | 3.31 |
Quick Ratio
0.60
Excludes inventory
Current Ratio
0.60
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 | 0.60 |
| 2026-03-31 | 0.90 |
| 2025-12-31 | 1.03 |
| 2025-09-30 | 2.03 |
| 2025-06-30 | 2.81 |
| 2025-03-31 | 3.07 |
| 2024-12-31 | 0.21 |
| 2024-09-30 | 0.29 |
| 2024-06-30 | 0.38 |
| 2024-03-31 | 0.53 |
| 2023-12-31 | 0.74 |
| 2023-09-30 | 0.71 |
| 2023-06-30 | 0.94 |
| 2023-03-31 | 0.88 |
| 2022-12-31 | 1.22 |
| 2022-09-30 | 2.19 |
| 2022-06-30 | 1.42 |
| 2022-03-31 | 1.75 |
| 2021-12-31 | 1.89 |
| 2021-09-30 | 0.98 |
| 2021-06-30 | 1.15 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
