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 0.72 is in line with its 5-year average of 0.68, around the middle of its 5-year range (0.59–0.99).
As of the fiscal period ended Friday, July 31, 2026. 1.44% below its 12-month average of 0.73.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.72
QUICK RATIO (ACID-TEST) AVG TTM
0.73
QUICK RATIO (ACID-TEST) AVG 3Y
0.68
QUICK RATIO (ACID-TEST) AVG 5Y
0.68
QUICK RATIO (ACID-TEST) AVG 10Y
0.79
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-1.44%
CURRENT VS 3Y AVG
+6.23%
CURRENT VS 5Y AVG
+6.92%
CURRENT VS 10Y AVG
-8.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-54.45%
vs the sector median at left
Hewlett Packard Enterprise Company
Market Cap
$74.21B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.73
3Y Avg
0.68
5Y Avg
0.68
Market Cap
$76.13B
Quick Ratio (Acid-Test)
1.40
TTM Avg
2.29
3Y Avg
3.19
5Y Avg
3.36
Market Cap
$76.85B
Quick Ratio (Acid-Test)
0.86
TTM Avg
1.00
3Y Avg
0.94
5Y Avg
1.00
Market Cap
$78.24B
Quick Ratio (Acid-Test)
1.53
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
Market Cap
$87.49B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.96
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$59.86B
Quick Ratio (Acid-Test)
3.62
TTM Avg
4.13
3Y Avg
4.51
5Y Avg
4.42
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hewlett Packard Enterprise Company (HPE) | $74.21B | 0.72 | 0.73 | 0.68 | 0.68 |
| Datadog, Inc. (DDOG)vs › | $74.83B | 3.20 | 3.01 | 3.07 | 3.60 |
| Synopsys, Inc. (SNPS)vs › | $75.07B | 1.24 | 1.91 | 1.47 | 1.34 |
| Lumentum Holdings Inc. (LITE)vs › | $76.13B | 1.40 | 2.29 | 3.19 | 3.36 |
| Motorola Solutions, Inc. (MSI)vs › | $76.85B | 0.86 | 1.00 | 0.94 | 1.00 |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.24B | 1.53 | 2.71 | 1.93 | 1.85 |
| Intuit Inc. (INTU)vs › | $87.24B | 1.51 | 1.44 | 1.41 | 1.49 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.49B | 0.81 | 0.96 | 0.93 | 0.94 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $59.86B | 3.62 | 4.13 | 4.51 | 4.42 |
| TE Connectivity plc (TEL)vs › | $59.45B | 1.23 | 1.06 | 1.07 | 1.06 |
Quick Ratio
0.72
Excludes inventory
Current Ratio
1.11
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) |
|---|---|
| 2026-07-31 | 0.72 |
| 2026-04-30 | 0.75 |
| 2026-01-31 | 0.75 |
| 2025-10-31 | 0.76 |
| 2025-07-31 | 0.69 |
| 2025-04-30 | 0.96 |
| 2025-01-31 | 0.98 |
| 2024-10-31 | 0.99 |
| 2024-07-31 | 0.62 |
| 2024-04-30 | 0.59 |
| 2024-01-31 | 0.63 |
| 2023-10-31 | 0.66 |
| 2023-07-31 | 0.65 |
| 2023-04-30 | 0.65 |
| 2023-01-31 | 0.63 |
| 2022-10-31 | 0.66 |
| 2022-07-31 | 0.66 |
| 2022-04-30 | 0.64 |
| 2022-01-31 | 0.68 |
| 2021-10-31 | 0.69 |
| 2021-07-31 | 0.75 |
| 2021-04-30 | 0.76 |
| 2021-01-31 | 0.74 |
| 2020-10-31 | 0.74 |
| 2020-07-31 | 0.83 |
| 2020-04-30 | 0.72 |
| 2020-01-31 | 0.65 |
| 2019-10-31 | 0.67 |
| 2019-07-31 | 0.75 |
| 2019-04-30 | 0.80 |
| 2019-01-31 | 0.80 |
| 2018-10-31 | 0.86 |
| 2018-07-31 | 0.84 |
| 2018-04-30 | 0.89 |
| 2018-01-31 | 0.93 |
| 2017-10-31 | 1.01 |
| 2017-07-31 | 1.15 |
| 2017-04-30 | 1.04 |
| 2017-01-31 | 1.09 |
| 2016-10-31 | 1.20 |
| 2016-07-31 | 1.37 |
| 2016-04-30 | 1.41 |
| 2016-01-31 | 1.25 |
| 2015-10-31 | 1.25 |
| 2015-07-31 | 1.08 |
| 2015-04-30 | 1.10 |
| 2015-01-31 | 0.00 |
| 2014-10-31 | 1.02 |
| 2014-07-31 | 0.00 |
| 2014-04-30 | 0.00 |
| 2014-01-31 | 0.00 |