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 1.98 is 12% below its 5-year average of 2.25, around the middle of its 5-year range (0.50–3.93).
As of the fiscal period ended Tuesday, June 30, 2026. 20.15% below its 12-month average of 2.48.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.98.
QUICK RATIO (ACID-TEST)
1.98
QUICK RATIO (ACID-TEST) AVG TTM
2.48
QUICK RATIO (ACID-TEST) AVG 3Y
2.05
QUICK RATIO (ACID-TEST) AVG 5Y
2.25
QUICK RATIO (ACID-TEST) AVG 10Y
2.30
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-20.15%
CURRENT VS 3Y AVG
-3.52%
CURRENT VS 5Y AVG
-12.27%
CURRENT VS 10Y AVG
-14.19%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-40.98%
vs the sector median at left
Insight Molecular Diagnostics Inc.
Market Cap
$112.53M
Quick Ratio (Acid-Test)
1.98
TTM Avg
2.48
3Y Avg
2.05
5Y Avg
2.25
Market Cap
$113.61M
Quick Ratio (Acid-Test)
3.36
TTM Avg
3.23
3Y Avg
4.24
5Y Avg
6.08
Market Cap
$113.21M
Quick Ratio (Acid-Test)
3.81
TTM Avg
1.94
3Y Avg
1.36
5Y Avg
2.38
Market Cap
$114.06M
Quick Ratio (Acid-Test)
6.49
TTM Avg
6.44
3Y Avg
8.52
5Y Avg
8.53
Market Cap
$114.08M
Quick Ratio (Acid-Test)
11.47
TTM Avg
9.04
3Y Avg
10.96
5Y Avg
10.73
Market Cap
$114.64M
Quick Ratio (Acid-Test)
2.39
TTM Avg
3.50
3Y Avg
2.69
5Y Avg
1.97
Market Cap
$114.46M
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.18
3Y Avg
1.49
5Y Avg
3.22
Market Cap
$109.70M
Quick Ratio (Acid-Test)
4.53
TTM Avg
4.41
3Y Avg
4.05
5Y Avg
4.51
Market Cap
$108.76M
Quick Ratio (Acid-Test)
12.63
TTM Avg
12.83
3Y Avg
15.22
5Y Avg
15.22
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Insight Molecular Diagnostics Inc. (IMDX) | $112.53M | 1.98 | 2.48 | 2.05 | 2.25 |
| Foghorn Therapeutics Inc. (FHTX)vs › | $113.61M | 3.36 | 3.23 | 4.24 | 6.08 |
| Unicycive Therapeutics, Inc. (UNCY)vs › | $113.21M | 3.81 | 1.94 | 1.36 | 2.38 |
| Caribou Biosciences, Inc. (CRBU)vs › | $114.06M | 6.49 | 6.44 | 8.52 | 8.53 |
| MaxCyte, Inc. (MXCT)vs › | $114.08M | 11.47 | 9.04 | 10.96 | 10.73 |
| Genelux Corporation (GNLX)vs › | $114.64M | 2.39 | 3.50 | 2.69 | 1.97 |
| Lucid Diagnostics Inc. (LUCD)vs › | $114.46M | 1.31 | 1.18 | 1.49 | 3.22 |
| Apyx Medical Corporation (APYX)vs › | $109.70M | 4.53 | 4.41 | 4.05 | 4.51 |
| Aardvark Therapeutics, Inc. Common Stock (AARD)vs › | $108.76M | 12.63 | 12.83 | 15.22 | 15.22 |
| Outlook Therapeutics, Inc. (OTLK)vs › | $108.59M | 0.63 | 0.47 | 0.75 | 1.22 |
Quick Ratio
1.98
Excludes inventory
Current Ratio
2.00
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 | 1.98 |
| 2026-03-31 | 2.51 |
| 2025-12-31 | 1.23 |
| 2025-09-30 | 2.73 |
| 2025-06-30 | 3.93 |
| 2025-03-31 | 3.70 |
| 2024-12-31 | 1.56 |
| 2024-09-30 | 0.50 |
| 2024-06-30 | 1.38 |
| 2024-03-31 | 0.78 |
| 2023-12-31 | 1.49 |
| 2023-09-30 | 2.11 |
| 2023-06-30 | 2.74 |
| 2023-03-31 | 1.66 |
| 2022-12-31 | 2.11 |
| 2022-09-30 | 2.83 |
| 2022-06-30 | 3.49 |
| 2022-03-31 | 1.76 |
| 2021-12-31 | 2.75 |
| 2021-09-30 | 3.56 |
| 2021-06-30 | 2.53 |
| 2021-03-31 | 6.49 |
| 2020-12-31 | 1.03 |
| 2020-09-30 | 1.35 |
| 2020-06-30 | 2.70 |
| 2020-03-31 | 2.62 |
| 2019-12-31 | 5.17 |
| 2019-09-30 | 6.66 |
| 2019-06-30 | 9.13 |
| 2019-03-31 | 12.82 |
| 2018-12-31 | 1.55 |
| 2018-09-30 | 2.58 |
| 2018-06-30 | 2.54 |
| 2018-03-31 | 2.57 |
| 2017-12-31 | 1.91 |
| 2017-09-30 | 2.69 |
| 2017-06-30 | 2.19 |
| 2017-03-31 | 2.96 |
| 2016-12-31 | 2.97 |
| 2016-09-30 | 3.85 |
| 2016-06-30 | 2.12 |
| 2016-03-31 | 2.87 |
| 2015-12-31 | 4.72 |
| 2015-09-30 | 5.85 |
| 2015-06-30 | 2.81 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.49 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
