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 1.83 is 41% above its 5-year average of 1.30, near the high end of its 5-year range (0.76–1.83).
As of the fiscal period ended Tuesday, June 30, 2026. 5.96% above its 12-month average of 1.72.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.83.
QUICK RATIO (ACID-TEST)
1.83
QUICK RATIO (ACID-TEST) AVG TTM
1.72
QUICK RATIO (ACID-TEST) AVG 3Y
1.46
QUICK RATIO (ACID-TEST) AVG 5Y
1.30
QUICK RATIO (ACID-TEST) AVG 10Y
1.22
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.96%
CURRENT VS 3Y AVG
+24.75%
CURRENT VS 5Y AVG
+40.61%
CURRENT VS 10Y AVG
+49.92%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.17
median of 724 covered companies
CURRENT VS SECTOR MEDIAN
-42.47%
vs the sector median at left
The Joint Corp.
Market Cap
$102.71M
Quick Ratio (Acid-Test)
1.83
TTM Avg
1.72
3Y Avg
1.46
5Y Avg
1.30
Market Cap
$102.25M
Quick Ratio (Acid-Test)
26.75
TTM Avg
10.50
3Y Avg
7.03
5Y Avg
10.82
Market Cap
$103.77M
Quick Ratio (Acid-Test)
8.54
TTM Avg
8.31
3Y Avg
10.99
5Y Avg
13.37
Market Cap
$104.68M
Quick Ratio (Acid-Test)
13.53
TTM Avg
12.93
3Y Avg
9.36
5Y Avg
9.36
Market Cap
$105.27M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.97
3Y Avg
2.28
5Y Avg
2.24
Market Cap
$106.08M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.94
3Y Avg
1.06
5Y Avg
1.28
Market Cap
$98.04M
Quick Ratio (Acid-Test)
9.55
TTM Avg
7.84
3Y Avg
7.78
5Y Avg
8.56
Market Cap
$108.11M
Quick Ratio (Acid-Test)
5.71
TTM Avg
10.50
3Y Avg
6.63
5Y Avg
5.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Joint Corp. (JYNT) | $102.71M | 1.83 | 1.72 | 1.46 | 1.30 |
| OnKure Therapeutics, Inc. (OKUR)vs › | $102.25M | 26.75 | 10.50 | 7.03 | 10.82 |
| Anixa Biosciences, Inc. (ANIX)vs › | $103.77M | 8.54 | 8.31 | 10.99 | 13.37 |
| Polaryx Therapeutics, Inc. Common Stock (PLYX)vs › | $104.68M | 13.53 | 12.93 | 9.36 | 9.36 |
| Definitive Healthcare Corp. (DH)vs › | $105.27M | 1.86 | 1.97 | 2.28 | 2.24 |
| Cumberland Pharmaceuticals Inc. (CPIX)vs › | $106.08M | 0.96 | 0.94 | 1.06 | 1.28 |
| PolyPid Ltd. (PYPD)vs › | $99.04M | 1.14 | 1.56 | 1.41 | 4.39 |
| Korro Bio, Inc. (KRRO)vs › | $98.04M | 9.55 | 7.84 | 7.78 | 8.56 |
| Corbus Pharmaceuticals Holdings, Inc. (CRBP)vs › | $108.11M | 5.71 | 10.50 | 6.63 | 5.88 |
| Milestone Pharmaceuticals Inc. (MIST)vs › | $97.18M | 7.92 | 8.53 | 9.72 | 13.43 |
Quick Ratio
1.83
Excludes inventory
Current Ratio
1.83
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 | 1.83 |
| 2026-03-31 | 1.61 |
| 2025-12-31 | 1.59 |
| 2025-09-30 | 1.80 |
| 2025-06-30 | 1.80 |
| 2025-03-31 | 1.59 |
| 2024-12-31 | 1.52 |
| 2024-09-30 | 1.44 |
| 2024-06-30 | 1.28 |
| 2024-03-31 | 1.34 |
| 2023-12-31 | 1.32 |
| 2023-09-30 | 1.03 |
| 2023-06-30 | 0.90 |
| 2023-03-31 | 0.94 |
| 2022-12-31 | 0.76 |
| 2022-09-30 | 0.87 |
| 2022-06-30 | 0.87 |
| 2022-03-31 | 1.25 |
| 2021-12-31 | 1.25 |
| 2021-09-30 | 1.19 |
| 2021-06-30 | 1.10 |
| 2021-03-31 | 1.31 |
| 2020-12-31 | 1.37 |
| 2020-09-30 | 1.38 |
| 2020-06-30 | 1.27 |
| 2020-03-31 | 1.15 |
| 2019-12-31 | 0.91 |
| 2019-09-30 | 0.78 |
| 2019-06-30 | 0.97 |
| 2019-03-31 | 0.93 |
| 2018-12-31 | 1.25 |
| 2018-09-30 | 1.24 |
| 2018-06-30 | 1.18 |
| 2018-03-31 | 1.06 |
| 2017-12-31 | 1.22 |
| 2017-09-30 | 1.13 |
| 2017-06-30 | 1.04 |
| 2017-03-31 | 0.96 |
| 2016-12-31 | 0.79 |
| 2016-09-30 | 1.16 |
| 2016-06-30 | 1.56 |
| 2016-03-31 | 2.03 |
| 2015-12-31 | 2.41 |
| 2015-09-30 | 1.83 |
| 2015-06-30 | 2.53 |
| 2015-03-31 | 3.85 |
| 2014-12-31 | 5.23 |
| 2014-09-30 | 0.78 |
| 2014-06-30 | 0.87 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 1.36 |
| 2013-09-30 | 0.00 |
