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 2.34 is 31% below its 5-year average of 3.40, near the low end of its 5-year range (2.09–5.07).
As of the fiscal period ended Tuesday, June 30, 2026. 11.27% below its 12-month average of 2.63.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.34.
QUICK RATIO (ACID-TEST)
2.34
QUICK RATIO (ACID-TEST) AVG TTM
2.63
QUICK RATIO (ACID-TEST) AVG 3Y
2.50
QUICK RATIO (ACID-TEST) AVG 5Y
3.40
QUICK RATIO (ACID-TEST) AVG 10Y
4.48
QUICK RATIO (ACID-TEST) AVG 15Y
4.07
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-11.27%
CURRENT VS 3Y AVG
-6.72%
CURRENT VS 5Y AVG
-31.35%
CURRENT VS 10Y AVG
-47.90%
CURRENT VS 15Y AVG
-42.60%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.28
median of 797 covered companies
CURRENT VS SECTOR MEDIAN
-28.80%
vs the sector median at left
Market Cap
$155.53M
Quick Ratio (Acid-Test)
1.69
TTM Avg
1.79
3Y Avg
2.66
5Y Avg
3.67
Market Cap
$158.63M
Quick Ratio (Acid-Test)
20.14
TTM Avg
22.07
3Y Avg
21.46
5Y Avg
19.43
Market Cap
$159.91M
Quick Ratio (Acid-Test)
1.70
TTM Avg
1.19
3Y Avg
1.52
5Y Avg
2.42
Market Cap
$161.52M
Quick Ratio (Acid-Test)
13.36
TTM Avg
9.68
3Y Avg
8.92
5Y Avg
10.26
Market Cap
$152.06M
Quick Ratio (Acid-Test)
9.71
TTM Avg
4.67
3Y Avg
6.04
5Y Avg
19.74
Market Cap
$151.58M
Quick Ratio (Acid-Test)
5.55
TTM Avg
4.34
3Y Avg
4.83
5Y Avg
5.44
Market Cap
$162.60M
Quick Ratio (Acid-Test)
0.45
TTM Avg
0.24
3Y Avg
0.20
5Y Avg
0.38
Market Cap
$151.15M
Quick Ratio (Acid-Test)
2.99
TTM Avg
3.92
3Y Avg
3.42
5Y Avg
4.30
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Inogen, Inc. (INGN) | $156.90M | 2.34 | 2.63 | 2.50 | 3.40 |
| Neuronetics, Inc. (STIM)vs › | $155.53M | 1.69 | 1.79 | 2.66 | 3.67 |
| Minerva Neurosciences, Inc. (NERV)vs › | $158.63M | 20.14 | 22.07 | 21.46 | 19.43 |
| Coherus Oncology, Inc. (CHRS)vs › | $159.91M | 1.70 | 1.19 | 1.52 | 2.42 |
| PepGen Inc. (PEPG)vs › | $161.52M | 13.36 | 9.68 | 8.92 | 10.26 |
| ALX Oncology Holdings Inc. (ALXO)vs › | $152.06M | 9.71 | 4.67 | 6.04 | 19.74 |
| Cardiol Therapeutics Inc. (CRDL)vs › | $151.58M | 5.55 | 4.34 | 4.83 | 5.44 |
| Jyong Biotech Ltd. Ordinary Shares (MENS)vs › | $162.60M | 0.45 | 0.24 | 0.20 | 0.38 |
| Codexis, Inc. (CDXS)vs › | $151.15M | 2.99 | 3.92 | 3.42 | 4.30 |
| Quanterix Corporation (QTRX)vs › | $163.22M | 2.45 | 5.00 | 7.69 | 7.91 |
Quick Ratio
2.34
Excludes inventory
Current Ratio
2.74
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 | 2.34 |
| 2026-03-31 | 2.70 |
| 2025-12-31 | 2.71 |
| 2025-09-30 | 2.75 |
| 2025-06-30 | 2.67 |
| 2025-03-31 | 2.67 |
| 2024-12-31 | 2.09 |
| 2024-09-30 | 2.34 |
| 2024-06-30 | 2.37 |
| 2024-03-31 | 2.36 |
| 2023-12-31 | 2.55 |
| 2023-09-30 | 3.33 |
| 2023-06-30 | 4.02 |
| 2023-03-31 | 3.85 |
| 2022-12-31 | 4.14 |
| 2022-09-30 | 4.29 |
| 2022-06-30 | 4.75 |
| 2022-03-31 | 4.75 |
| 2021-12-31 | 4.83 |
| 2021-09-30 | 5.07 |
| 2021-06-30 | 4.86 |
| 2021-03-31 | 5.11 |
| 2020-12-31 | 4.95 |
| 2020-09-30 | 5.28 |
| 2020-06-30 | 5.27 |
| 2020-03-31 | 4.75 |
| 2019-12-31 | 5.11 |
| 2019-09-30 | 5.11 |
| 2019-06-30 | 6.82 |
| 2019-03-31 | 6.70 |
| 2018-12-31 | 6.17 |
| 2018-09-30 | 5.83 |
| 2018-06-30 | 5.41 |
| 2018-03-31 | 6.06 |
| 2017-12-31 | 6.19 |
| 2017-09-30 | 5.73 |
| 2017-06-30 | 5.68 |
| 2017-03-31 | 6.43 |
| 2016-12-31 | 6.44 |
| 2016-09-30 | 4.68 |
| 2016-06-30 | 4.65 |
| 2016-03-31 | 4.73 |
| 2015-12-31 | 4.82 |
| 2015-09-30 | 4.60 |
| 2015-06-30 | 3.99 |
| 2015-03-31 | 4.15 |
| 2014-12-31 | 4.53 |
| 2014-09-30 | 4.00 |
| 2014-06-30 | 3.48 |
| 2014-03-31 | 3.78 |
| 2013-12-31 | 1.45 |
| 2013-09-30 | 1.43 |
| 2013-06-30 | 1.43 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.64 |
| 2012-09-30 | 0.00 |
