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 1.08 is 32% below its 5-year average of 1.60, near the low end of its 5-year range (0.77–2.74).
As of the fiscal period ended Saturday, July 4, 2026. 12.61% below its 12-month average of 1.23.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-07-04): 1.08.
QUICK RATIO (ACID-TEST)
1.08
QUICK RATIO (ACID-TEST) AVG TTM
1.23
QUICK RATIO (ACID-TEST) AVG 3Y
1.17
QUICK RATIO (ACID-TEST) AVG 5Y
1.60
QUICK RATIO (ACID-TEST) AVG 10Y
2.26
QUICK RATIO (ACID-TEST) AVG 15Y
2.53
QUICK RATIO (ACID-TEST) AVG 20Y
2.27
CURRENT VS TTM AVG
-12.61%
CURRENT VS 3Y AVG
-8.05%
CURRENT VS 5Y AVG
-32.49%
CURRENT VS 10Y AVG
-52.26%
CURRENT VS 15Y AVG
-57.38%
CURRENT VS 20Y AVG
-52.42%
SECTOR MEDIAN · HEALTHCARE
3.16
median of 722 covered companies
CURRENT VS SECTOR MEDIAN
-65.82%
vs the sector median at left
IRIDEX Corporation
Market Cap
$12.63M
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.23
3Y Avg
1.17
5Y Avg
1.60
Market Cap
$12.60M
Quick Ratio (Acid-Test)
0.50
TTM Avg
1.75
3Y Avg
2.03
5Y Avg
3.39
Market Cap
$12.54M
Quick Ratio (Acid-Test)
0.99
TTM Avg
0.99
3Y Avg
1.05
5Y Avg
1.43
Market Cap
$12.71M
Quick Ratio (Acid-Test)
1.96
TTM Avg
4.12
3Y Avg
11.35
5Y Avg
18.88
Market Cap
$12.91M
Quick Ratio (Acid-Test)
6.66
TTM Avg
2.77
3Y Avg
1.93
5Y Avg
5.53
Market Cap
$13.27M
Quick Ratio (Acid-Test)
1.69
TTM Avg
0.14
3Y Avg
1.07
5Y Avg
2.78
Market Cap
$13.45M
Quick Ratio (Acid-Test)
1.22
TTM Avg
3.07
3Y Avg
6.03
5Y Avg
8.35
Market Cap
$11.69M
Quick Ratio (Acid-Test)
5.63
TTM Avg
4.29
3Y Avg
4.04
5Y Avg
3.65
Market Cap
$11.62M
Quick Ratio (Acid-Test)
10.57
TTM Avg
6.64
3Y Avg
7.08
5Y Avg
4.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IRIDEX Corporation (IRIX) | $12.63M | 1.08 | 1.23 | 1.17 | 1.60 |
| Cytosorbents Corporation (CTSO)vs › | $12.60M | 0.50 | 1.75 | 2.03 | 3.39 |
| Dare Bioscience, Inc. (DARE)vs › | $12.54M | 0.99 | 0.99 | 1.05 | 1.43 |
| Lantern Pharma Inc. (LTRN)vs › | $12.71M | 1.96 | 4.12 | 11.35 | 18.88 |
| Cellectar Biosciences, Inc. (CLRB)vs › | $12.91M | 6.66 | 2.77 | 1.93 | 5.53 |
| Optimi Health Corp. (OPTH)vs › | $13.27M | 1.69 | 0.14 | 1.07 | 2.78 |
| Passage Bio, Inc. (PASG)vs › | $13.45M | 1.22 | 3.07 | 6.03 | 8.35 |
| Adial Pharmaceuticals, Inc. (ADIL)vs › | $11.69M | 5.63 | 4.29 | 4.04 | 3.65 |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG)vs › | $11.62M | 10.57 | 6.64 | 7.08 | 4.73 |
| IN8bio, Inc. (INAB)vs › | $13.71M | 8.21 | 6.45 | 5.32 | 7.60 |
Quick Ratio
1.08
Excludes inventory
Current Ratio
1.82
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) |
|---|---|
| 2026-07-04 | 1.08 |
| 2026-04-04 | 1.19 |
| 2026-01-03 | 1.32 |
| 2025-09-27 | 1.35 |
| 2025-06-28 | 1.34 |
| 2025-03-29 | 1.27 |
| 2024-12-31 | 0.77 |
| 2024-09-28 | 0.85 |
| 2024-06-29 | 0.86 |
| 2024-03-30 | 1.03 |
| 2023-12-31 | 1.35 |
| 2023-09-30 | 1.66 |
| 2023-07-01 | 1.62 |
| 2023-04-01 | 1.78 |
| 2022-12-31 | 2.02 |
| 2022-10-01 | 2.02 |
| 2022-07-02 | 2.37 |
| 2022-04-02 | 2.61 |
| 2021-12-31 | 2.74 |
| 2021-10-02 | 2.71 |
| 2021-07-03 | 3.27 |
| 2021-04-03 | 2.92 |
| 2020-12-31 | 2.26 |
| 2020-09-26 | 2.01 |
| 2020-06-27 | 2.37 |
| 2020-03-28 | 2.40 |
| 2019-12-31 | 2.29 |
| 2019-09-28 | 2.40 |
| 2019-06-29 | 2.49 |
| 2019-03-30 | 2.73 |
| 2018-12-31 | 2.78 |
| 2018-09-29 | 3.14 |
| 2018-06-30 | 2.38 |
| 2018-03-31 | 2.77 |
| 2017-12-31 | 2.89 |
| 2017-09-30 | 4.00 |
| 2017-07-01 | 4.14 |
| 2017-04-01 | 4.64 |
| 2016-12-31 | 4.04 |
| 2016-10-01 | 2.48 |
| 2016-07-02 | 2.37 |
| 2016-04-02 | 2.69 |
| 2015-12-31 | 2.65 |
| 2015-10-03 | 2.83 |
| 2015-07-04 | 3.08 |
| 2015-04-04 | 3.24 |
| 2014-12-31 | 3.38 |
| 2014-09-27 | 3.25 |
| 2014-06-28 | 3.34 |
| 2014-03-29 | 3.53 |
| 2013-12-31 | 2.90 |
| 2013-09-28 | 3.12 |
| 2013-06-29 | 3.10 |
| 2013-03-30 | 3.51 |
| 2012-12-31 | 2.99 |
| 2012-09-29 | 3.53 |
| 2012-06-30 | 3.66 |
| 2012-03-31 | 3.63 |
| 2011-12-31 | 2.56 |
| 2011-10-01 | 2.10 |
| 2011-07-02 | 2.10 |
| 2011-04-02 | 1.97 |
| 2010-12-31 | 1.87 |
| 2010-10-02 | 1.68 |
| 2010-07-03 | 1.63 |
| 2010-04-03 | 1.52 |
| 2009-12-31 | 1.32 |
| 2009-10-03 | 1.19 |
| 2009-07-04 | 1.09 |
| 2009-04-04 | 0.91 |
| 2008-12-31 | 0.85 |
| 2008-09-27 | 0.77 |
| 2008-06-28 | 0.69 |
| 2008-03-29 | 0.62 |
| 2007-12-31 | 0.70 |
| 2007-09-29 | 0.77 |
| 2007-06-30 | 0.67 |
| 2007-03-31 | 0.63 |
| 2006-12-31 | 3.54 |
| 2006-09-30 | 4.99 |
| 2006-07-01 | 5.18 |
| 2006-04-01 | 5.57 |
| 2005-12-31 | 4.60 |
| 2005-10-01 | 4.14 |
| 2005-07-02 | 3.98 |
| 2005-04-02 | 4.01 |
| 2004-12-31 | 3.25 |
| 2004-10-02 | 4.15 |
| 2004-07-03 | 5.14 |
| 2004-04-03 | 5.76 |
| 2003-12-31 | 4.94 |
| 2003-09-27 | 5.13 |
| 2003-06-28 | 4.92 |
| 2003-03-29 | 4.74 |
| 2002-12-31 | 4.99 |
| 2002-09-28 | 4.72 |