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 0.46 is 15% below its 5-year average of 0.54, near the low end of its 5-year range (0.40–2.36).
As of the fiscal period ended Tuesday, June 30, 2026. 13.83% below its 12-month average of 0.53.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.46.
QUICK RATIO (ACID-TEST)
0.46
QUICK RATIO (ACID-TEST) AVG TTM
0.53
QUICK RATIO (ACID-TEST) AVG 3Y
0.53
QUICK RATIO (ACID-TEST) AVG 5Y
0.54
QUICK RATIO (ACID-TEST) AVG 10Y
0.59
QUICK RATIO (ACID-TEST) AVG 15Y
0.49
QUICK RATIO (ACID-TEST) AVG 20Y
2.48
CURRENT VS TTM AVG
-13.83%
CURRENT VS 3Y AVG
-14.35%
CURRENT VS 5Y AVG
-14.80%
CURRENT VS 10Y AVG
-22.03%
CURRENT VS 15Y AVG
-6.54%
CURRENT VS 20Y AVG
-81.56%
SECTOR MEDIAN · HEALTHCARE
3.11
median of 684 covered companies
CURRENT VS SECTOR MEDIAN
-85.28%
vs the sector median at left
IM Cannabis Corp.
Market Cap
$1.20M
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.53
3Y Avg
0.53
5Y Avg
0.54
Market Cap
$1.17M
Quick Ratio (Acid-Test)
2.55
TTM Avg
2.02
3Y Avg
1.02
5Y Avg
0.68
Market Cap
$1.16M
Quick Ratio (Acid-Test)
0.62
TTM Avg
1.47
3Y Avg
0.74
5Y Avg
0.53
Market Cap
$1.10M
Quick Ratio (Acid-Test)
3.75
TTM Avg
3.27
3Y Avg
2.43
5Y Avg
2.43
Market Cap
$1.06M
Quick Ratio (Acid-Test)
4.31
TTM Avg
1.47
3Y Avg
1.08
5Y Avg
7.17
Market Cap
$1.02M
Quick Ratio (Acid-Test)
7.81
TTM Avg
0.12
3Y Avg
1.01
5Y Avg
1.01
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IM Cannabis Corp. (IMCC) | $1.20M | 0.46 | 0.53 | 0.53 | 0.54 |
| Propanc Biopharma, Inc. (PPCB)vs › | $1.17M | 2.55 | 2.02 | 1.02 | 0.68 |
| Jupiter Neurosciences, Inc. (JUNS)vs › | $1.16M | 0.62 | 1.47 | 0.74 | 0.53 |
| Cellyan Biotechnology Co., Ltd (HKPD)vs › | $1.10M | 3.75 | 3.27 | 2.43 | 2.43 |
| Clearmind Medicine Inc. (CMND)vs › | $1.06M | 4.31 | 1.47 | 1.08 | 7.17 |
| Aspire Biopharma Holdings, Inc. (ASBP)vs › | $1.02M | 7.81 | 0.12 | 1.01 | 1.01 |
| Genprex, Inc. (GNPX)vs › | $1.36M | 6.77 | 2.33 | 3.65 | 16.80 |
| NewcelX Ltd. (NCEL)vs › | $1.36M | 0.32 | 1.73 | 1.61 | 1.48 |
| NEXGEL, Inc. (NXGL)vs › | $1.40M | 0.27 | 1.06 | 2.93 | 2.76 |
| Artelo Biosciences, Inc. (ARTL)vs › | $1.40M | 3.00 | 0.80 | 7.12 | 9.62 |
Quick Ratio
0.46
Excludes inventory
Current Ratio
0.56
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 | 0.46 |
| 2026-03-31 | 0.47 |
| 2025-12-31 | 0.54 |
| 2025-09-30 | 0.56 |
| 2025-06-30 | 0.62 |
| 2025-03-31 | 0.59 |
| 2024-12-31 | 0.58 |
| 2024-09-30 | 0.59 |
| 2024-06-30 | 0.52 |
| 2024-03-31 | 0.40 |
| 2023-12-31 | 0.44 |
| 2023-09-30 | 0.62 |
| 2023-06-30 | 0.57 |
| 2023-03-31 | 0.52 |
| 2022-12-31 | 0.48 |
| 2022-09-30 | 1.15 |
| 2022-06-30 | 0.66 |
| 2022-03-31 | 0.88 |
| 2021-12-31 | 1.04 |
| 2021-09-30 | 1.50 |
| 2021-06-30 | 2.36 |
| 2021-03-31 | 1.67 |
| 2020-12-31 | 2.98 |
| 2020-09-30 | 4.72 |
| 2020-06-30 | 5.51 |
| 2020-03-31 | 5.59 |
| 2019-12-31 | 6.25 |
| 2019-09-30 | 1.67 |
| 2019-07-31 | 0.16 |
| 2019-04-30 | 0.15 |
| 2018-12-31 | 0.09 |
| 2018-09-30 | 0.00 |
| 2018-07-31 | 0.00 |
| 2018-04-30 | 0.02 |
| 2018-01-31 | 0.03 |
| 2017-10-31 | 0.05 |
| 2017-07-31 | 0.00 |
| 2017-04-30 | 0.00 |
| 2015-01-31 | 0.03 |
| 2014-10-31 | 0.01 |
| 2014-07-31 | 0.07 |
| 2014-04-30 | 0.01 |
| 2014-01-31 | 0.00 |
| 2013-10-31 | 0.02 |
| 2013-07-31 | 0.09 |
| 2013-04-30 | 0.12 |
| 2013-01-31 | 0.12 |
| 2012-10-31 | 0.82 |
| 2012-07-31 | 6.54 |
| 2012-04-30 | 0.88 |
| 2012-01-31 | 5.90 |
| 2011-10-31 | 3.35 |
| 2011-07-31 | 6.07 |
| 2011-04-30 | 7.96 |
| 2011-01-31 | 5.40 |
| 2010-10-31 | 7.77 |
| 2010-07-31 | 13.94 |
| 2010-04-30 | 19.77 |
| 2010-01-31 | 10.23 |
| 2009-10-31 | 3.46 |
| 2009-07-31 | 8.84 |
| 2009-04-30 | 12.23 |
| 2009-01-31 | 12.23 |
| 2008-10-31 | 2.31 |
| 2008-07-31 | 4.79 |
| 2008-04-30 | 0.75 |
| 2008-01-31 | 5.92 |
| 2007-10-31 | 18.55 |
| 2007-07-31 | 6.21 |
| 2007-04-30 | 4.74 |
| 2007-01-31 | 36.33 |
| 2006-10-31 | 4.24 |
| 2006-07-31 | 5.79 |
| 2006-04-30 | 1.96 |
| 2006-01-31 | 1.47 |
| 2005-10-31 | 1.50 |
| 2005-07-31 | 1.89 |
| 2005-04-30 | 4.73 |
| 2005-01-31 | 11.15 |
| 2004-10-31 | 25.51 |
| 2004-07-31 | 6.93 |
| 2004-04-30 | 6.82 |
| 2004-01-31 | 8.56 |
| 2003-10-31 | 8.29 |
| 2003-07-31 | 0.07 |
| 2003-01-31 | 0.00 |
| 2002-10-31 | 0.00 |
| 2002-07-31 | 0.00 |
| 2002-04-30 | 0.00 |
| 2002-01-31 | 0.00 |
| 2001-10-31 | 0.00 |
| 2001-07-31 | 0.00 |
| 2001-04-30 | 0.00 |
| 2001-01-31 | 0.00 |
| 2000-10-31 | 0.00 |
