IDEXX Laboratories, Inc. (IDXX) Quick Ratio (Acid-Test): 0.84
Is IDEXX Laboratories, Inc.’s quick ratio (acid-test) high or low?
IDEXX Laboratories, Inc.'s quick ratio (acid-test) of 0.84 is 15% below its 5-year average of 0.98, near the low end of its 5-year range (0.59–1.46).
The quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX) is 0.84 as of Tuesday, June 9, 2026. It is below its 12-month average by 6.15% (0.90).
IDXX Quick Ratio (Acid-Test) Chart
IDXX Average Quick Ratio (Acid-Test) Chart
IDXX Current vs Average Quick Ratio (Acid-Test) Chart
IDXX Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
0.90
QUICK RATIO (ACID-TEST) AVG 3Y
0.89
QUICK RATIO (ACID-TEST) AVG 5Y
0.98
QUICK RATIO (ACID-TEST) AVG 10Y
0.86
QUICK RATIO (ACID-TEST) AVG 15Y
0.90
QUICK RATIO (ACID-TEST) AVG 20Y
1.00
CURRENT VS TTM AVG
-6.15%
CURRENT VS 3Y AVG
-5.35%
CURRENT VS 5Y AVG
-14.72%
CURRENT VS 10Y AVG
-2.53%
CURRENT VS 15Y AVG
-6.80%
CURRENT VS 20Y AVG
-16.04%
IDXX Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IDEXX Laboratories, Inc. (IDXX) | — | 0.84 | 0.90 | 0.89 | 0.98 |
| Humana Inc. (HUM) | $43.60B | 0.72 | 0.58 | 0.57 | 0.58 |
| Agilent Technologies, Inc. (A) | $38.26B | 1.52 | 1.54 | 1.63 | 1.68 |
| Zoetis Inc. (ZTS) | $34.46B | 1.94 | 1.51 | 1.66 | 1.96 |
| Centene Corporation (CNC) | $32.69B | 1.68 | 1.40 | 1.24 | 1.19 |
| IQVIA Holdings Inc. (IQV) | $31.09B | 0.75 | 0.79 | 0.83 | 0.90 |
| DexCom, Inc. (DXCM) | $30.17B | 1.59 | 1.44 | 1.80 | 2.83 |
| Biogen Inc. (BIIB) | $29.39B | 2.03 | 1.46 | 1.69 | 1.64 |
| Regeneron Pharmaceuticals, Inc. (REGN) | $63.48B | 3.39 | 3.67 | 4.14 | 3.76 |
| Veeva Systems Inc. (VEEV) | $27.37B | 4.89 | 4.70 | 4.39 | 4.08 |
Liquidity Comparison
Quick Ratio
0.84
Excludes inventory
Current Ratio
1.17
Includes inventory
IDEXX Laboratories, 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
IDEXX Laboratories, Inc. Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The quick ratio (acid-test) for IDXX stock is 0.84.
- Is IDEXX Laboratories, Inc.'s quick ratio (acid-test) high or low?
- IDEXX Laboratories, Inc.'s quick ratio (acid-test) of 0.84 is 15% below its 5-year average of 0.98, near the low end of its 5-year range (0.59–1.46).
- What is the TTM average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The TTM average quick ratio (acid-test) for IDXX stock is 0.90.
- What is the 3Y average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The 3Y average quick ratio (acid-test) for IDXX stock is 0.89.
- What is the 5Y average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The 5Y average quick ratio (acid-test) for IDXX stock is 0.98.
- What is the 10Y average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The 10Y average quick ratio (acid-test) for IDXX stock is 0.86.
- What is the 15Y average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The 15Y average quick ratio (acid-test) for IDXX stock is 0.90.
- What is the 20Y average quick ratio (acid-test) for IDEXX Laboratories, Inc. (IDXX)?
- The 20Y average quick ratio (acid-test) for IDXX stock is 1.00.
IDEXX Laboratories, Inc. Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2025-12-31 | 0.84 |
| 2024-12-31 | 0.95 |
| 2023-12-31 | 1.17 |
| 2022-12-31 | 0.59 |
| 2021-12-31 | 0.90 |
| 2020-12-31 | 1.46 |
| 2019-12-31 | 0.67 |
| 2018-12-31 | 0.62 |
| 2017-12-31 | 0.80 |
| 2016-12-31 | 0.74 |
| 2015-12-31 | 0.74 |
| 2014-12-31 | 0.73 |
| 2013-12-31 | 1.09 |
| 2012-12-31 | 1.05 |
| 2011-12-31 | 0.90 |
| 2010-12-31 | 1.17 |
| 2009-12-31 | 1.04 |
| 2008-12-31 | 0.81 |
| 2007-12-31 | 0.93 |
| 2006-12-31 | 1.65 |
| 2005-12-31 | 2.16 |
| 2004-12-31 | 2.25 |
| 2003-12-31 | 2.93 |
| 2002-12-31 | 2.83 |
| 2001-12-31 | 2.09 |
| 2000-12-31 | 2.02 |
| 1999-12-31 | 2.45 |
| 1998-12-31 | 2.65 |
| 1997-12-31 | 2.88 |
| 1996-12-31 | 4.96 |
Related Metrics
About IDEXX Laboratories, Inc.
IDEXX Laboratories, Inc. is a global enterprise focused on creating, producing, and distributing a wide array of products and services. Its primary client base includes companion animal veterinary practices, the livestock and poultry industries, dairy operations, and water quality testing sectors. The company organizes its operations across several key divisions: the Companion Animal Group (CAG), Water Quality Products, Livestock, Poultry, and Dairy (LPD), and additional segments. For companion animals, IDEXX offers a comprehensive suite of point-of-care veterinary diagnostic tools, such as instruments, consumables, and rapid assay kits. It also provides reference laboratory diagnostic and consultation services, alongside practice management and diagnostic imaging solutions for veterinarians. Furthermore, the company supports the biomedical research community with health monitoring, biological materials testing, and laboratory animal diagnostic instruments and services. In the livestock, poultry, and dairy markets, IDEXX supplies diagnostic and health-monitoring solutions. Its water testing portfolio includes products designed to detect various microbiological contaminants, notably the Colilert, Colilert-18, and Colisure tests for total coliforms and E. coli, as well as Enterolert, Pseudalert, Filta-Max, Filta-Max xpress, Legiolert, and Quanti-Tray products. Beyond these, IDEXX extends its reach to human point-of-care medical diagnostics, offering electrolyte and blood gas analyzers, and SARS-CoV-2 RT-PCR tests. Other key offerings encompass in-clinic chemistry, blood and urine chemistry, hematology, and SediVue Dx analyzers, as well as SNAP rapid assay test kits. Veterinary software and services for both independent clinics and large corporate veterinary groups are also part of its offerings. The company distributes its extensive product and service catalog through its own dedicated marketing, customer service, sales, and technical service teams, supplemented by independent distributors and other resellers. IDEXX Laboratories, Inc. was established in 1983 and maintains its headquarters in Westbrook, Maine.
- Sector
- Healthcare
- Industry
- Medical - Diagnostics & Research
- CEO
- Jonathan J. Mazelsky