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 1.17 is in line with its 5-year average of 1.23, near the low end of its 5-year range (1.00–1.74).
As of the fiscal period ended Tuesday, June 30, 2026. 17.31% below its 12-month average of 1.41.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 1.17.
QUICK RATIO (ACID-TEST)
1.17
QUICK RATIO (ACID-TEST) AVG TTM
1.41
QUICK RATIO (ACID-TEST) AVG 3Y
1.24
QUICK RATIO (ACID-TEST) AVG 5Y
1.23
QUICK RATIO (ACID-TEST) AVG 10Y
1.23
QUICK RATIO (ACID-TEST) AVG 15Y
1.18
QUICK RATIO (ACID-TEST) AVG 20Y
1.13
CURRENT VS TTM AVG
-17.31%
CURRENT VS 3Y AVG
-5.76%
CURRENT VS 5Y AVG
-5.13%
CURRENT VS 10Y AVG
-5.46%
CURRENT VS 15Y AVG
-0.90%
CURRENT VS 20Y AVG
+3.71%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-26.61%
vs the sector median at left
Jack Henry & Associates, Inc.
Market Cap
$10.49B
Quick Ratio (Acid-Test)
1.17
TTM Avg
1.41
3Y Avg
1.24
5Y Avg
1.23
Market Cap
$10.07B
Quick Ratio (Acid-Test)
3.34
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
Market Cap
$9.97B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$9.70B
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.46
3Y Avg
2.12
5Y Avg
2.05
Market Cap
$11.29B
Quick Ratio (Acid-Test)
2.94
TTM Avg
2.22
3Y Avg
2.65
5Y Avg
2.57
Market Cap
$9.30B
Quick Ratio (Acid-Test)
1.13
TTM Avg
2.26
3Y Avg
2.49
5Y Avg
2.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jack Henry & Associates, Inc. (JKHY) | $10.49B | 1.17 | 1.41 | 1.24 | 1.23 |
| FormFactor, Inc. (FORM)vs › | $10.07B | 3.34 | 3.71 | 3.32 | 3.10 |
| Paycom Software, Inc. (PAYC)vs › | $9.97B | 1.07 | 1.10 | 1.11 | 1.11 |
| HubSpot, Inc. (HUBS)vs › | $11.21B | 1.38 | 1.67 | 1.91 | 2.21 |
| Viavi Solutions Inc. (VIAV)vs › | $9.70B | 1.62 | 1.46 | 2.12 | 2.05 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $11.29B | 2.94 | 2.22 | 2.65 | 2.57 |
| Rambus Inc. (RMBS)vs › | $11.43B | 9.08 | 7.87 | 6.60 | 6.15 |
| Elastic N.V. (ESTC)vs › | $9.39B | 1.81 | 1.75 | 1.76 | 1.74 |
| Silicon Motion Technology Corporation (SIMO)vs › | $9.30B | 1.13 | 2.26 | 2.49 | 2.58 |
| Nova Ltd. (NVMI)vs › | $11.68B | 1.35 | 3.69 | 3.21 | 3.79 |
Quick Ratio
1.17
Excludes inventory
Current Ratio
1.17
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 | 1.17 |
| 2026-03-31 | 1.74 |
| 2025-12-31 | 1.38 |
| 2025-09-30 | 1.49 |
| 2025-06-30 | 1.27 |
| 2025-03-31 | 1.36 |
| 2024-12-31 | 1.17 |
| 2024-09-30 | 1.11 |
| 2024-06-30 | 1.27 |
| 2024-03-31 | 1.36 |
| 2023-12-31 | 1.17 |
| 2023-09-30 | 1.11 |
| 2023-06-30 | 1.00 |
| 2023-03-31 | 1.52 |
| 2022-12-31 | 1.15 |
| 2022-09-30 | 1.03 |
| 2022-06-30 | 1.13 |
| 2022-03-31 | 1.47 |
| 2021-12-31 | 1.25 |
| 2021-09-30 | 1.14 |
| 2021-06-30 | 1.04 |
| 2021-03-31 | 1.47 |
| 2020-12-31 | 1.48 |
| 2020-09-30 | 1.41 |
| 2020-06-30 | 1.35 |
| 2020-03-31 | 1.61 |
| 2019-12-31 | 1.25 |
| 2019-09-30 | 1.23 |
| 2019-06-30 | 1.21 |
| 2019-03-31 | 1.11 |
| 2018-12-31 | 1.02 |
| 2018-09-30 | 1.25 |
| 2018-06-30 | 1.04 |
| 2018-03-31 | 1.25 |
| 2017-12-31 | 1.04 |
| 2017-09-30 | 0.99 |
| 2017-06-30 | 1.10 |
| 2017-03-31 | 1.11 |
| 2016-12-31 | 0.60 |
| 2016-09-30 | 0.87 |
| 2016-06-30 | 0.52 |
| 2016-03-31 | 0.34 |
| 2015-12-31 | 0.96 |
| 2015-09-30 | 0.87 |
| 2015-06-30 | 1.11 |
| 2015-03-31 | 1.02 |
| 2014-12-31 | 0.76 |
| 2014-09-30 | 0.78 |
| 2014-06-30 | 0.90 |
| 2014-03-31 | 1.10 |
| 2013-12-31 | 1.32 |
| 2013-09-30 | 1.18 |
| 2013-06-30 | 1.09 |
| 2013-03-31 | 1.51 |
| 2012-12-31 | 1.36 |
| 2012-09-30 | 1.27 |
| 2012-06-30 | 1.17 |
| 2012-03-31 | 1.32 |
| 2011-12-31 | 1.11 |
| 2011-09-30 | 0.99 |
| 2011-06-30 | 0.93 |
| 2011-03-31 | 1.12 |
| 2010-12-31 | 0.96 |
| 2010-09-30 | 0.61 |
| 2010-06-30 | 0.88 |
| 2010-03-31 | 0.91 |
| 2009-12-31 | 0.76 |
| 2009-09-30 | 1.19 |
| 2009-06-30 | 1.04 |
| 2009-03-31 | 0.96 |
| 2008-12-31 | 0.91 |
| 2008-09-30 | 0.91 |
| 2008-06-30 | 0.97 |
| 2008-03-31 | 0.97 |
| 2007-12-31 | 1.02 |
| 2007-09-30 | 1.13 |
| 2007-06-30 | 1.06 |
| 2007-03-31 | 1.17 |
| 2006-12-31 | 1.06 |
| 2006-09-30 | 1.24 |
| 2006-06-30 | 1.16 |
| 2006-03-31 | 1.38 |
| 2005-12-31 | 1.12 |
| 2005-09-30 | 1.17 |
| 2005-06-30 | 1.06 |
| 2005-03-31 | 1.14 |
| 2004-12-31 | 1.04 |
| 2004-09-30 | 1.67 |
| 2004-06-30 | 1.50 |
| 2004-03-31 | 2.20 |
| 2003-12-31 | 2.06 |
| 2003-09-30 | 1.68 |
| 2003-06-30 | 1.48 |
| 2003-03-31 | 1.84 |
| 2002-12-31 | 1.62 |
| 2002-09-30 | 1.56 |