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 2.31 is in line with its 5-year average of 2.15, around the middle of its 5-year range (1.25–3.95).
As of the fiscal period ended Tuesday, June 30, 2026. 15.45% above its 12-month average of 2.00.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.31
QUICK RATIO (ACID-TEST) AVG TTM
2.00
QUICK RATIO (ACID-TEST) AVG 3Y
1.79
QUICK RATIO (ACID-TEST) AVG 5Y
2.15
QUICK RATIO (ACID-TEST) AVG 10Y
2.18
QUICK RATIO (ACID-TEST) AVG 15Y
2.70
QUICK RATIO (ACID-TEST) AVG 20Y
2.42
CURRENT VS TTM AVG
+15.45%
CURRENT VS 3Y AVG
+29.14%
CURRENT VS 5Y AVG
+7.42%
CURRENT VS 10Y AVG
+5.93%
CURRENT VS 15Y AVG
-14.26%
CURRENT VS 20Y AVG
-4.36%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.42
median of 15 covered companies
CURRENT VS SECTOR MEDIAN
+62.94%
vs the sector median at left
Iridium Communications Inc.
Market Cap
$5.32B
Quick Ratio (Acid-Test)
2.31
TTM Avg
2.00
3Y Avg
1.79
5Y Avg
2.15
Market Cap
$8.36B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.97
3Y Avg
5.63
5Y Avg
4.73
Market Cap
$8.85B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.98
3Y Avg
1.99
5Y Avg
1.84
Market Cap
$323.92M
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.52
3Y Avg
2.27
5Y Avg
2.60
Market Cap
$11.03B
Quick Ratio (Acid-Test)
0.88
TTM Avg
1.14
3Y Avg
1.15
5Y Avg
1.15
Market Cap
$15.09B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.28
3Y Avg
1.19
5Y Avg
1.88
Market Cap
$15.31B
Quick Ratio (Acid-Test)
N/A
TTM Avg
8.20
3Y Avg
9.00
5Y Avg
9.96
Market Cap
$16.37B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.61
3Y Avg
1.43
5Y Avg
1.35
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Iridium Communications Inc. (IRDM) | $5.32B | 2.31 | 2.00 | 1.79 | 2.15 |
| Zillow Group, Inc. Class C (Z)vs › | $8.36B | N/A | 2.97 | 5.63 | 4.73 |
| Match Group, Inc. (MTCH)vs › | $8.85B | N/A | 1.98 | 1.99 | 1.84 |
| Snap Inc. (SNAP)vs › | $9.16B | N/A | 3.75 | 4.05 | 4.49 |
| Fiverr International Ltd. (FVRR)vs › | $323.92M | N/A | 1.52 | 2.27 | 2.60 |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $11.03B | 0.88 | 1.14 | 1.15 | 1.15 |
| TKO Group Holdings, Inc. (TKO)vs › | $15.09B | 1.20 | 1.28 | 1.19 | 1.88 |
| Pinterest, Inc. (PINS)vs › | $15.31B | N/A | 8.20 | 9.00 | 9.96 |
| News Corporation (NWSA)vs › | $16.37B | 1.51 | 1.61 | 1.43 | 1.35 |
| Charter Communications, Inc. (CHTR)vs › | $20.79B | N/A | 0.35 | 0.33 | 0.34 |
Quick Ratio
2.31
Excludes inventory
Current Ratio
2.78
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 | 2.31 |
| 2026-03-31 | 2.21 |
| 2025-12-31 | 1.82 |
| 2025-09-30 | 1.93 |
| 2025-06-30 | 1.75 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.25 |
| 2024-09-30 | 2.01 |
| 2024-06-30 | 1.52 |
| 2024-03-31 | 2.52 |
| 2023-12-31 | 1.37 |
| 2023-09-30 | 1.53 |
| 2023-06-30 | 1.71 |
| 2023-03-31 | 2.08 |
| 2022-12-31 | 1.88 |
| 2022-09-30 | 2.52 |
| 2022-06-30 | 2.97 |
| 2022-03-31 | 3.38 |
| 2021-12-31 | 3.63 |
| 2021-09-30 | 3.95 |
| 2021-06-30 | 3.33 |
| 2021-03-31 | 3.27 |
| 2020-12-31 | 2.75 |
| 2020-09-30 | 2.52 |
| 2020-06-30 | 1.84 |
| 2020-03-31 | 1.60 |
| 2019-12-31 | 2.66 |
| 2019-09-30 | 0.79 |
| 2019-06-30 | 1.00 |
| 2019-03-31 | 0.96 |
| 2018-12-31 | 1.38 |
| 2018-09-30 | 1.46 |
| 2018-06-30 | 2.09 |
| 2018-03-31 | 2.58 |
| 2017-12-31 | 1.83 |
| 2017-09-30 | 2.67 |
| 2017-06-30 | 2.13 |
| 2017-03-31 | 4.78 |
| 2016-12-31 | 5.99 |
| 2016-09-30 | 4.44 |
| 2016-06-30 | 6.01 |
| 2016-03-31 | 5.90 |
| 2015-12-31 | 4.47 |
| 2015-09-30 | 5.27 |
| 2015-06-30 | 5.09 |
| 2015-03-31 | 5.44 |
| 2014-12-31 | 5.32 |
| 2014-09-30 | 5.41 |
| 2014-06-30 | 5.75 |
| 2014-03-31 | 3.10 |
| 2013-12-31 | 3.35 |
| 2013-09-30 | 3.18 |
| 2013-06-30 | 3.43 |
| 2013-03-31 | 2.98 |
| 2012-12-31 | 3.84 |
| 2012-09-30 | 2.68 |
| 2012-06-30 | 2.00 |
| 2012-03-31 | 1.15 |
| 2011-12-31 | 2.21 |
| 2011-09-30 | 2.54 |
| 2011-06-30 | 1.54 |
| 2011-03-31 | 1.60 |
| 2010-12-31 | 1.45 |
| 2010-09-30 | 1.05 |
| 2010-06-30 | 2.04 |
| 2010-03-31 | 2.44 |
| 2009-12-31 | 2.80 |
| 2009-09-30 | 2.40 |
| 2009-06-30 | 0.16 |
| 2009-03-31 | 0.05 |
| 2008-12-31 | 0.09 |
| 2008-09-30 | 0.04 |
| 2008-06-30 | 0.01 |
| 2008-03-31 | 0.07 |
| 2007-03-31 | 0.00 |