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 1.37 is 68% below its 5-year average of 4.23, near the high end of its 5-year range (-460.69–8.29).
As of the fiscal period ended Tuesday, June 30, 2026. 101.54% above its 12-month average of -88.67.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 1.37.
QUICK RATIO (ACID-TEST)
1.37
QUICK RATIO (ACID-TEST) AVG TTM
-88.67
QUICK RATIO (ACID-TEST) AVG 3Y
4.45
QUICK RATIO (ACID-TEST) AVG 5Y
4.23
QUICK RATIO (ACID-TEST) AVG 10Y
4.73
QUICK RATIO (ACID-TEST) AVG 15Y
3.53
QUICK RATIO (ACID-TEST) AVG 20Y
2.61
CURRENT VS TTM AVG
+101.54%
CURRENT VS 3Y AVG
-69.23%
CURRENT VS 5Y AVG
-67.66%
CURRENT VS 10Y AVG
-71.07%
CURRENT VS 15Y AVG
-61.21%
CURRENT VS 20Y AVG
-47.48%
SECTOR MEDIAN · HEALTHCARE
3.30
median of 824 covered companies
CURRENT VS SECTOR MEDIAN
-58.51%
vs the sector median at left
InMed Pharmaceuticals Inc.
Market Cap
$7.31M
Quick Ratio (Acid-Test)
1.37
TTM Avg
-88.67
3Y Avg
4.45
5Y Avg
4.23
Market Cap
$7.31M
Quick Ratio (Acid-Test)
0.95
TTM Avg
9.81
3Y Avg
5.30
5Y Avg
4.51
Market Cap
$7.07M
Quick Ratio (Acid-Test)
45.95
TTM Avg
58.73
3Y Avg
40.89
5Y Avg
40.89
Market Cap
$7.59M
Quick Ratio (Acid-Test)
14.52
TTM Avg
3.29
3Y Avg
11.30
5Y Avg
10.20
Market Cap
$6.98M
Quick Ratio (Acid-Test)
1.52
TTM Avg
3.93
3Y Avg
10.24
5Y Avg
10.80
Market Cap
$7.00M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.90
3Y Avg
2.06
5Y Avg
1.76
Market Cap
$6.74M
Quick Ratio (Acid-Test)
2.61
TTM Avg
3.40
3Y Avg
4.86
5Y Avg
5.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| InMed Pharmaceuticals Inc. (INM) | $7.31M | 1.37 | -88.67 | 4.45 | 4.23 |
| Skye Bioscience, Inc. (SKYE)vs › | $7.31M | 0.95 | 9.81 | 5.30 | 4.51 |
| Longeveron Inc. (LGVN)vs › | $7.27M | 2.63 | 4.46 | 3.65 | 4.69 |
| Curanex Pharmaceuticals Inc Common Stock (CURX)vs › | $7.07M | 45.95 | 58.73 | 40.89 | 40.89 |
| KALA BIO, Inc. (KALA)vs › | $7.03M | 6.88 | 3.46 | 4.15 | 4.53 |
| Quince Therapeutics, Inc. (QNCX)vs › | $7.59M | 14.52 | 3.29 | 11.30 | 10.20 |
| Co-Diagnostics, Inc. (CODX)vs › | $6.98M | 1.52 | 3.93 | 10.24 | 10.80 |
| Mangoceuticals, Inc. (MGRX)vs › | $7.00M | 0.18 | 0.90 | 2.06 | 1.76 |
| Bolt Biotherapeutics, Inc. (BOLT)vs › | $6.74M | 2.61 | 3.40 | 4.86 | 5.09 |
| NeuroSense Therapeutics Ltd. (NRSN)vs › | $6.98M | 0.31 | 1.26 | 1.91 | 5.52 |
Quick Ratio
1.37
Excludes inventory
Current Ratio
1.37
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 | 1.37 |
| 2026-03-31 | 3.11 |
| 2025-12-31 | -460.69 |
| 2025-09-30 | 6.37 |
| 2025-06-30 | 6.47 |
| 2025-03-31 | 3.04 |
| 2024-12-31 | 2.44 |
| 2024-09-30 | 4.22 |
| 2024-06-30 | 3.78 |
| 2024-03-31 | 5.80 |
| 2023-12-31 | 6.58 |
| 2023-09-30 | 5.35 |
| 2023-06-30 | 4.86 |
| 2023-03-31 | 4.63 |
| 2022-12-31 | 5.17 |
| 2022-09-30 | 2.98 |
| 2022-06-30 | 2.14 |
| 2022-03-31 | 1.78 |
| 2021-12-31 | 2.49 |
| 2021-09-30 | 8.29 |
| 2021-06-30 | 3.78 |
| 2021-03-31 | 6.36 |
| 2020-12-31 | 4.76 |
| 2020-09-30 | 2.73 |
| 2020-06-30 | 3.77 |
| 2020-03-31 | 5.25 |
| 2019-12-31 | 7.47 |
| 2019-09-30 | 10.30 |
| 2019-06-30 | 11.87 |
| 2019-03-31 | 31.59 |
| 2018-12-31 | 42.46 |
| 2018-09-30 | 42.36 |
| 2018-06-30 | 28.51 |
| 2018-03-31 | 21.97 |
| 2017-12-31 | 44.88 |
| 2017-09-30 | 32.67 |
| 2017-06-30 | 18.79 |
| 2017-03-31 | 9.23 |
| 2016-12-31 | 4.02 |
| 2016-09-30 | 0.72 |
| 2016-06-30 | 0.32 |
| 2016-03-31 | 0.13 |
| 2015-12-31 | 0.29 |
| 2015-09-30 | 0.41 |
| 2015-06-30 | 3.23 |
| 2015-03-31 | 0.28 |
| 2014-12-31 | 0.21 |
| 2014-09-30 | 0.78 |
| 2014-06-30 | 2.65 |
| 2014-03-31 | 0.03 |
| 2013-12-31 | 0.04 |
| 2013-09-30 | 0.04 |
| 2013-06-30 | 0.10 |
| 2013-03-31 | 0.35 |
| 2012-12-31 | 0.43 |
| 2012-09-30 | 0.55 |
| 2012-06-30 | 1.06 |
| 2012-03-31 | 8.44 |
| 2011-12-31 | 31.36 |
| 2011-09-30 | 4.17 |
| 2011-06-30 | 5.38 |
| 2011-03-31 | 1.32 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.01 |
| 2010-06-30 | 0.01 |
| 2010-03-31 | 0.01 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.01 |
| 2009-06-30 | 0.02 |
| 2009-03-31 | 0.06 |
| 2008-12-31 | 0.09 |
| 2008-09-30 | 0.26 |
| 2008-06-30 | 0.39 |
| 2008-03-31 | 0.31 |
| 2007-12-31 | 0.30 |
| 2007-09-30 | 0.28 |
| 2007-06-30 | 0.27 |
| 2007-03-31 | 0.57 |
| 2006-12-31 | 0.28 |
| 2006-09-30 | 0.45 |
| 2006-06-30 | 0.42 |
| 2006-03-31 | 0.38 |
| 2005-12-31 | 0.45 |
| 2005-09-30 | 0.33 |
| 2005-06-30 | 0.40 |
| 2005-03-31 | 0.63 |
| 2004-12-31 | 0.38 |
| 2004-09-30 | 0.29 |
| 2004-07-31 | 0.32 |
| 2004-04-30 | 0.40 |
| 2004-01-31 | 0.38 |
| 2003-10-31 | 0.59 |
| 2003-07-31 | 0.65 |
| 2003-04-30 | 11.04 |
| 2003-01-31 | 13.89 |
| 2002-10-31 | 16.30 |