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 1.75 is 39% below its 5-year average of 2.86, near the low end of its 5-year range (0.82–6.86).
As of the fiscal period ended Friday, July 31, 2026. 38.75% below its 12-month average of 2.85.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-07-31): 1.75.
QUICK RATIO (ACID-TEST)
1.75
QUICK RATIO (ACID-TEST) AVG TTM
2.85
QUICK RATIO (ACID-TEST) AVG 3Y
1.69
QUICK RATIO (ACID-TEST) AVG 5Y
2.86
QUICK RATIO (ACID-TEST) AVG 10Y
2.77
QUICK RATIO (ACID-TEST) AVG 15Y
1.84
QUICK RATIO (ACID-TEST) AVG 20Y
2.05
CURRENT VS TTM AVG
-38.75%
CURRENT VS 3Y AVG
+3.44%
CURRENT VS 5Y AVG
-39.00%
CURRENT VS 10Y AVG
-36.85%
CURRENT VS 15Y AVG
-4.91%
CURRENT VS 20Y AVG
-14.77%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 751 covered companies
CURRENT VS SECTOR MEDIAN
-45.24%
vs the sector median at left
MindWalk Holdings Corp.
Market Cap
$70.47M
Quick Ratio (Acid-Test)
1.75
TTM Avg
2.85
3Y Avg
1.69
5Y Avg
2.86
Market Cap
$68.43M
Quick Ratio (Acid-Test)
3.83
TTM Avg
1.68
3Y Avg
1.58
5Y Avg
2.46
Market Cap
$72.94M
Quick Ratio (Acid-Test)
4.36
TTM Avg
4.80
3Y Avg
4.58
5Y Avg
6.22
Market Cap
$67.38M
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.95
3Y Avg
0.86
5Y Avg
0.95
Market Cap
$65.79M
Quick Ratio (Acid-Test)
3.50
TTM Avg
1.85
3Y Avg
1.22
5Y Avg
3.58
Market Cap
$65.78M
Quick Ratio (Acid-Test)
5.53
TTM Avg
4.01
3Y Avg
3.97
5Y Avg
5.62
Market Cap
$75.49M
Quick Ratio (Acid-Test)
5.45
TTM Avg
4.61
3Y Avg
8.17
5Y Avg
10.19
Market Cap
$75.82M
Quick Ratio (Acid-Test)
1.48
TTM Avg
3.70
3Y Avg
5.52
5Y Avg
5.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MindWalk Holdings Corp. (HYFT) | $70.47M | 1.75 | 2.85 | 1.69 | 2.86 |
| iBio, Inc. (IBIO)vs › | $68.81M | 7.85 | 4.72 | 3.68 | 5.30 |
| Fortress Biotech, Inc. (FBIO)vs › | $68.43M | 3.83 | 1.68 | 1.58 | 2.46 |
| Gain Therapeutics, Inc. (GANX)vs › | $72.94M | 4.36 | 4.80 | 4.58 | 6.22 |
| Champions Oncology, Inc. (CSBR)vs › | $67.38M | 1.03 | 0.95 | 0.86 | 0.95 |
| Cingulate Inc. (CING)vs › | $65.79M | 3.50 | 1.85 | 1.22 | 3.58 |
| RenovoRx, Inc. (RNXT)vs › | $65.78M | 5.53 | 4.01 | 3.97 | 5.62 |
| Hyperfine, Inc. (HYPR)vs › | $75.49M | 5.45 | 4.61 | 8.17 | 10.19 |
| SkinHealth Systems Inc. (SKIN)vs › | $75.82M | 1.48 | 3.70 | 5.52 | 5.98 |
| Gossamer Bio, Inc. (GOSS)vs › | $64.96M | 0.53 | 4.76 | 5.20 | 7.10 |
Quick Ratio
1.75
Excludes inventory
Current Ratio
1.84
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 | 1.75 |
| 2026-04-30 | 2.72 |
| 2026-01-31 | 3.57 |
| 2025-10-31 | 4.09 |
| 2025-07-31 | 2.14 |
| 2025-04-30 | 1.85 |
| 2025-01-31 | 2.11 |
| 2024-10-31 | 0.85 |
| 2024-07-31 | 0.82 |
| 2024-04-30 | 1.15 |
| 2024-01-31 | 1.38 |
| 2023-10-31 | 1.72 |
| 2023-08-09 | 2.10 |
| 2023-04-30 | 2.49 |
| 2023-01-31 | 2.56 |
| 2022-12-13 | 2.89 |
| 2022-07-31 | 4.72 |
| 2022-04-30 | 3.83 |
| 2022-01-31 | 4.90 |
| 2021-10-31 | 5.66 |
| 2021-07-31 | 6.86 |
| 2021-04-30 | 7.85 |
| 2021-01-31 | 3.22 |
| 2020-10-31 | 2.92 |
| 2020-07-31 | 1.58 |
| 2020-04-30 | 0.87 |
| 2020-01-31 | 0.82 |
| 2019-10-31 | 0.82 |
| 2019-07-31 | 0.92 |
| 2019-04-30 | 1.08 |
| 2019-01-31 | 3.41 |
| 2018-10-31 | 3.07 |
| 2018-07-31 | 1.03 |
| 2018-04-30 | 1.02 |
| 2018-01-31 | 2.26 |
| 2017-10-31 | 7.38 |
| 2017-07-31 | 3.99 |
| 2017-04-30 | 3.85 |
| 2017-01-31 | 6.48 |
| 2016-09-30 | 3.03 |
| 2016-06-30 | 0.96 |
| 2016-03-31 | 0.10 |
| 2015-12-31 | 0.05 |
| 2015-09-30 | 0.07 |
| 2015-06-30 | 0.12 |
| 2015-03-31 | 0.16 |
| 2014-12-31 | 0.17 |
| 2014-09-30 | 0.16 |
| 2014-06-30 | 0.34 |
| 2014-03-31 | 0.44 |
| 2013-12-31 | 0.46 |
| 2013-09-30 | 0.63 |
| 2013-06-30 | 0.11 |
| 2013-03-31 | 0.12 |
| 2012-12-31 | 0.17 |
| 2012-09-30 | 0.28 |
| 2012-06-30 | 0.33 |
| 2012-03-31 | 0.43 |
| 2011-12-31 | 0.41 |
| 2011-09-30 | 0.54 |
| 2011-06-30 | 1.14 |
| 2011-03-31 | 2.40 |
| 2010-12-31 | 2.37 |
| 2010-09-30 | 0.26 |
| 2010-06-30 | 0.41 |
| 2010-03-31 | 0.86 |
| 2009-12-31 | 1.50 |
| 2009-09-30 | 3.38 |
| 2009-06-30 | 3.35 |
| 2009-03-31 | 4.04 |
| 2008-12-31 | 4.93 |
| 2008-09-30 | 3.74 |
| 2008-06-30 | 8.90 |
| 2008-03-31 | 13.26 |
| 2007-12-31 | 13.26 |
| 2007-09-30 | 15.66 |
| 2007-06-30 | 6.95 |
| 2007-03-31 | 1.16 |
| 2006-12-31 | 1.12 |
| 2006-09-30 | 2.18 |
| 2006-06-30 | 46.47 |
| 2006-03-31 | 9.80 |
| 2005-12-31 | 4.84 |
| 2005-09-30 | 2.07 |
| 2005-06-30 | 5.73 |
| 2005-03-31 | 54.47 |
| 2004-12-31 | 54.47 |
| 2004-09-30 | 6.82 |
| 2004-06-30 | 10.49 |
| 2004-03-31 | 39.48 |
| 2003-12-31 | 13.47 |
| 2003-09-30 | 3.68 |
| 2003-06-30 | 1.40 |
| 2003-03-31 | 4.70 |
| 2002-12-31 | 1.55 |
| 2002-09-30 | 3.52 |
