HP Inc. (HPQ) Quick Ratio (Acid-Test): 0.48
Is HP Inc.’s quick ratio (acid-test) high or low?
HP Inc.'s quick ratio (acid-test) of 0.48 is in line with its 5-year average of 0.48, near the low end of its 5-year range (0.45–0.56).
The quick ratio (acid-test) for HP Inc. (HPQ) is 0.48 as of Wednesday, June 10, 2026. It is above its 12-month average by 3.23% (0.46).
HPQ Quick Ratio (Acid-Test) Chart
HPQ Average Quick Ratio (Acid-Test) Chart
HPQ Current vs Average Quick Ratio (Acid-Test) Chart
HPQ Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.48
QUICK RATIO (ACID-TEST) AVG TTM
0.46
QUICK RATIO (ACID-TEST) AVG 3Y
0.46
QUICK RATIO (ACID-TEST) AVG 5Y
0.48
QUICK RATIO (ACID-TEST) AVG 10Y
0.61
QUICK RATIO (ACID-TEST) AVG 15Y
0.71
QUICK RATIO (ACID-TEST) AVG 20Y
0.79
CURRENT VS TTM AVG
+3.23%
CURRENT VS 3Y AVG
+4.35%
CURRENT VS 5Y AVG
-0.35%
CURRENT VS 10Y AVG
-20.96%
CURRENT VS 15Y AVG
-32.81%
CURRENT VS 20Y AVG
-39.39%
HPQ Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HP Inc. (HPQ) | — | 0.48 | 0.46 | 0.46 | 0.48 |
| Cognizant Technology Solutions Corporation (CTSH) | $24.92B | 2.34 | 2.21 | 2.21 | 2.15 |
| Fidelity National Information Services, Inc. (FIS) | $20.66B | 0.59 | 0.72 | 0.74 | 0.75 |
| Atlassian Corporation (TEAM) | $25.11B | 1.22 | 1.20 | 1.23 | 1.09 |
| Zscaler, Inc. (ZS) | $20.17B | 2.01 | 1.55 | 1.74 | 2.21 |
| Akamai Technologies, Inc. (AKAM) | $20.04B | 2.29 | 1.76 | 2.02 | 2.18 |
| VeriSign, Inc. (VRSN) | $25.83B | 0.49 | 0.46 | 0.67 | 0.85 |
| Tower Semiconductor Ltd. (TSEM) | $26.02B | 5.51 | 5.37 | 4.74 | 4.29 |
| Splunk Inc. (SPLK) | $26.44B | 1.57 | 1.43 | 1.64 | 1.99 |
| Okta, Inc. (OKTA) | $19.09B | 1.36 | 1.35 | 1.65 | 1.81 |
Liquidity Comparison
Quick Ratio
0.48
Excludes inventory
Current Ratio
0.77
Includes inventory
HP Inc. Quick Ratio (Acid-Test) Formula & Definition
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
HP Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for HP Inc. (HPQ)?
- The quick ratio (acid-test) for HPQ stock is 0.48.
- Is HP Inc.'s quick ratio (acid-test) high or low?
- HP Inc.'s quick ratio (acid-test) of 0.48 is in line with its 5-year average of 0.48, near the low end of its 5-year range (0.45–0.56).
- What is the TTM average quick ratio (acid-test) for HP Inc. (HPQ)?
- The TTM average quick ratio (acid-test) for HPQ stock is 0.46.
- What is the 3Y average quick ratio (acid-test) for HP Inc. (HPQ)?
- The 3Y average quick ratio (acid-test) for HPQ stock is 0.46.
- What is the 5Y average quick ratio (acid-test) for HP Inc. (HPQ)?
- The 5Y average quick ratio (acid-test) for HPQ stock is 0.48.
- What is the 10Y average quick ratio (acid-test) for HP Inc. (HPQ)?
- The 10Y average quick ratio (acid-test) for HPQ stock is 0.61.
- What is the 15Y average quick ratio (acid-test) for HP Inc. (HPQ)?
- The 15Y average quick ratio (acid-test) for HPQ stock is 0.71.
- What is the 20Y average quick ratio (acid-test) for HP Inc. (HPQ)?
- The 20Y average quick ratio (acid-test) for HPQ stock is 0.79.
HP Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-10-31 | 0.48 |
| 2024-10-31 | 0.45 |
| 2023-10-31 | 0.45 |
| 2022-10-31 | 0.46 |
| 2021-10-31 | 0.49 |
| 2020-10-31 | 0.56 |
| 2019-10-31 | 0.57 |
| 2018-10-31 | 0.61 |
| 2017-10-31 | 0.74 |
| 2016-10-31 | 0.74 |
| 2015-10-31 | 1.13 |
| 2014-10-31 | 1.00 |
| 2013-10-31 | 0.97 |
| 2012-10-31 | 0.95 |
| 2011-10-31 | 0.86 |
| 2010-10-31 | 0.97 |
| 2009-10-31 | 1.08 |
| 2008-10-31 | 0.83 |
| 2007-10-31 | 1.00 |
| 2006-10-31 | 1.13 |
| 2005-10-31 | 1.16 |
| 2004-10-31 | 1.25 |
| 2003-10-31 | 1.31 |
| 2002-10-31 | 1.25 |
| 2001-10-31 | 1.15 |
| 2000-10-31 | 1.15 |
| 1999-10-31 | 1.17 |
| 1998-10-31 | 1.02 |
| 1997-10-31 | 1.26 |
| 1996-10-31 | 1.09 |
Related Metrics
About HP Inc.
HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers a broad array of computing hardware, including desktop and laptop personal computers for both business and individual consumers, along with specialized workstations, thin clients, commercial mobile devices, retail point-of-sale systems, displays, and various peripherals. This division also encompasses essential software, support, and associated services. The Printing division focuses on delivering printer hardware for both general consumers and commercial clients, alongside a full suite of supplies, comprehensive print solutions, and related services. Finally, the Corporate Investments segment is dedicated to fostering innovation through HP Labs, incubating new business ventures, and managing various investment projects. HP's extensive client base spans individual end-users, small and medium-sized enterprises (SMEs), and major corporations, reaching diverse sectors such as government, healthcare, and education. Established in 1939, the company initially operated as Hewlett-Packard Company before rebranding to HP Inc. in October 2015. Its corporate headquarters are located in Palo Alto, California.
- Sector
- Technology
- Industry
- Computer Hardware
- CEO
- Bruce Dale Broussard