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 1.47 is 80% below its 5-year average of 7.49, near the low end of its 5-year range (1.47–16.79).
As of the fiscal period ended Tuesday, June 30, 2026. 33.23% below its 12-month average of 2.21.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.47.
QUICK RATIO (ACID-TEST)
1.47
QUICK RATIO (ACID-TEST) AVG TTM
2.21
QUICK RATIO (ACID-TEST) AVG 3Y
6.27
QUICK RATIO (ACID-TEST) AVG 5Y
7.49
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-33.23%
CURRENT VS 3Y AVG
-76.46%
CURRENT VS 5Y AVG
-80.30%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-56.04%
vs the sector median at left
Jasper Therapeutics, Inc.
Market Cap
$9.10M
Quick Ratio (Acid-Test)
1.47
TTM Avg
2.21
3Y Avg
6.27
5Y Avg
7.49
Market Cap
$9.05M
Quick Ratio (Acid-Test)
1.87
TTM Avg
2.08
3Y Avg
1.11
5Y Avg
1.21
Market Cap
$8.82M
Quick Ratio (Acid-Test)
7.38
TTM Avg
1.60
3Y Avg
1.43
5Y Avg
7.59
Market Cap
$9.71M
Quick Ratio (Acid-Test)
11.22
TTM Avg
10.96
3Y Avg
8.46
5Y Avg
6.93
Market Cap
$9.83M
Quick Ratio (Acid-Test)
1.71
TTM Avg
2.19
3Y Avg
2.80
5Y Avg
3.17
Market Cap
$9.86M
Quick Ratio (Acid-Test)
0.86
TTM Avg
14.33
3Y Avg
8.45
5Y Avg
7.70
Market Cap
$8.33M
Quick Ratio (Acid-Test)
0.60
TTM Avg
0.62
3Y Avg
0.79
5Y Avg
1.04
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jasper Therapeutics, Inc. (JSPR) | $9.10M | 1.47 | 2.21 | 6.27 | 7.49 |
| SeaStar Medical Holding Corporation (ICU)vs › | $9.05M | 1.87 | 2.08 | 1.11 | 1.21 |
| Advanced Biomed Inc. Common Stock (ADVB)vs › | $8.82M | 7.38 | 1.60 | 1.43 | 7.59 |
| Ainos, Inc. (AIMD)vs › | $9.50M | 0.12 | 0.92 | 1.12 | 0.77 |
| Satellos Bioscience Inc. (MSLE)vs › | $9.71M | 11.22 | 10.96 | 8.46 | 6.93 |
| MetaVia Inc. (MTVA)vs › | $9.75M | 2.06 | 1.94 | 2.63 | 3.51 |
| NeuroOne Medical Technologies Corporation (NMTC)vs › | $9.83M | 1.71 | 2.19 | 2.80 | 3.17 |
| Valion Bio, Inc. (VBIO)vs › | $9.86M | 0.86 | 14.33 | 8.45 | 7.70 |
| Healthcare Triangle, Inc. (HCTI)vs › | $8.33M | 0.60 | 0.62 | 0.79 | 1.04 |
| Medicus Pharma Ltd. Common Stock (MDCX)vs › | $10.06M | 1.57 | 1.67 | 1.44 | 1.16 |
Quick Ratio
1.47
Excludes inventory
Current Ratio
1.47
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 | 1.47 |
| 2026-03-31 | 2.26 |
| 2025-12-31 | 2.62 |
| 2025-09-30 | 2.59 |
| 2025-06-30 | 2.10 |
| 2025-03-31 | 4.31 |
| 2024-12-31 | 4.98 |
| 2024-09-30 | 7.61 |
| 2024-06-30 | 10.79 |
| 2024-03-31 | 13.49 |
| 2023-12-31 | 7.19 |
| 2023-09-30 | 8.84 |
| 2023-06-30 | 13.22 |
| 2023-03-31 | 16.79 |
| 2022-12-31 | 5.91 |
| 2022-09-30 | 7.06 |
| 2022-06-30 | 9.56 |
| 2022-03-31 | 12.36 |
| 2021-12-31 | 10.95 |
| 2021-09-30 | 11.18 |
| 2021-06-30 | 1.96 |
| 2021-03-31 | 6.46 |
| 2020-12-31 | 5.16 |
| 2020-09-30 | 5.34 |
| 2020-06-30 | 4.57 |
| 2020-03-31 | 8.13 |
| 2019-12-31 | 13.63 |
