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 2.86 is 12% below its 5-year average of 3.26, near the low end of its 5-year range (1.49–20.00).
As of the fiscal period ended Tuesday, June 30, 2026. 11.72% below its 12-month average of 3.24.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.86.
QUICK RATIO (ACID-TEST)
2.86
QUICK RATIO (ACID-TEST) AVG TTM
3.24
QUICK RATIO (ACID-TEST) AVG 3Y
2.78
QUICK RATIO (ACID-TEST) AVG 5Y
3.26
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-11.72%
CURRENT VS 3Y AVG
+2.76%
CURRENT VS 5Y AVG
-12.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 607 covered companies
CURRENT VS SECTOR MEDIAN
+66.27%
vs the sector median at left
indie Semiconductor, Inc.
Market Cap
$615.91M
Quick Ratio (Acid-Test)
2.86
TTM Avg
3.24
3Y Avg
2.78
5Y Avg
3.26
Market Cap
$611.27M
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.94
3Y Avg
1.18
5Y Avg
1.69
Market Cap
$620.65M
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.09
Market Cap
$607.99M
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.15
3Y Avg
1.17
5Y Avg
1.37
Market Cap
$625.08M
Quick Ratio (Acid-Test)
7.22
TTM Avg
8.03
3Y Avg
8.02
5Y Avg
8.30
Market Cap
$626.04M
Quick Ratio (Acid-Test)
1.80
TTM Avg
2.10
3Y Avg
1.91
5Y Avg
1.88
Market Cap
$641.97M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.06
3Y Avg
1.05
5Y Avg
1.02
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| indie Semiconductor, Inc. (INDI) | $615.91M | 2.86 | 3.24 | 2.78 | 3.26 |
| Sprout Social, Inc. (SPT)vs › | $611.27M | 1.03 | 0.94 | 1.18 | 1.69 |
| Climb Global Solutions, Inc. (CLMB)vs › | $620.65M | 1.11 | 1.06 | 1.07 | 1.09 |
| ADTRAN Holdings Inc. (ADTN)vs › | $607.99M | 1.19 | 1.15 | 1.17 | 1.37 |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $625.08M | 7.22 | 8.03 | 8.02 | 8.30 |
| Docebo Inc. (DCBO)vs › | $606.14M | 0.83 | 1.17 | 1.68 | 2.60 |
| NETGEAR, Inc. (NTGR)vs › | $626.04M | 1.80 | 2.10 | 1.91 | 1.88 |
| Priority Technology Holdings, Inc. (PRTH)vs › | $641.97M | 1.10 | 1.06 | 1.05 | 1.02 |
| IBEX Limited (IBEX)vs › | $580.22M | 2.10 | 1.96 | 2.15 | 1.90 |
| Cognyte Software Ltd. (CGNT)vs › | $655.98M | 1.22 | 1.24 | 1.23 | 1.22 |
Quick Ratio
2.86
Excludes inventory
Current Ratio
3.65
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 | 2.86 |
| 2026-03-31 | 3.39 |
| 2025-12-31 | 3.05 |
| 2025-09-30 | 3.18 |
| 2025-06-30 | 3.72 |
| 2025-03-31 | 4.64 |
| 2024-12-31 | 4.23 |
| 2024-09-30 | 1.87 |
| 2024-06-30 | 2.20 |
| 2024-03-31 | 1.49 |
| 2023-12-31 | 1.72 |
| 2023-09-30 | 1.55 |
| 2023-06-30 | 2.29 |
| 2023-03-31 | 2.19 |
| 2022-12-31 | 5.64 |
| 2022-09-30 | 3.30 |
| 2022-06-30 | 3.70 |
| 2022-03-31 | 3.79 |
| 2021-12-31 | 7.09 |
| 2021-09-30 | 20.00 |
| 2021-06-30 | 12.70 |
| 2021-03-31 | 0.18 |
| 2020-12-31 | 0.22 |
| 2020-09-30 | 0.30 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.78 |
