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 2.29 is 35% above its 5-year average of 1.70, around the middle of its 5-year range (0.75–5.15).
As of the fiscal period ended Tuesday, June 30, 2026. 4.86% above its 12-month average of 2.19.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.29.
QUICK RATIO (ACID-TEST)
2.29
QUICK RATIO (ACID-TEST) AVG TTM
2.19
QUICK RATIO (ACID-TEST) AVG 3Y
2.08
QUICK RATIO (ACID-TEST) AVG 5Y
1.70
QUICK RATIO (ACID-TEST) AVG 10Y
2.54
QUICK RATIO (ACID-TEST) AVG 15Y
2.29
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+4.86%
CURRENT VS 3Y AVG
+10.16%
CURRENT VS 5Y AVG
+34.94%
CURRENT VS 10Y AVG
-9.90%
CURRENT VS 15Y AVG
-0.02%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.11
median of 684 covered companies
CURRENT VS SECTOR MEDIAN
-26.28%
vs the sector median at left
Market Cap
$454.18M
Quick Ratio (Acid-Test)
6.72
TTM Avg
10.04
3Y Avg
13.74
5Y Avg
16.43
Market Cap
$452.60M
Quick Ratio (Acid-Test)
12.39
TTM Avg
8.12
3Y Avg
11.14
5Y Avg
10.14
Market Cap
$475.60M
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.48
3Y Avg
1.43
5Y Avg
1.74
Market Cap
$449.16M
Quick Ratio (Acid-Test)
7.35
TTM Avg
8.39
3Y Avg
5.06
5Y Avg
6.73
Market Cap
$476.50M
Quick Ratio (Acid-Test)
37.17
TTM Avg
24.09
3Y Avg
19.47
5Y Avg
19.38
Market Cap
$478.35M
Quick Ratio (Acid-Test)
121.97
TTM Avg
23.71
3Y Avg
19.95
5Y Avg
19.50
Market Cap
$444.90M
Quick Ratio (Acid-Test)
13.99
TTM Avg
3.82
3Y Avg
4.27
5Y Avg
5.98
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kamada Ltd. (KMDA) | $462.13M | 2.29 | 2.19 | 2.08 | 1.70 |
| NRC Health (NRC)vs › | $464.03M | 0.65 | 0.55 | 0.77 | 1.10 |
| DiaMedica Therapeutics Inc. (DMAC)vs › | $454.18M | 6.72 | 10.04 | 13.74 | 16.43 |
| Ovid Therapeutics Inc. (OVID)vs › | $452.60M | 12.39 | 8.12 | 11.14 | 10.14 |
| Cerus Corporation (CERS)vs › | $475.60M | 1.07 | 1.48 | 1.43 | 1.74 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $449.16M | 7.35 | 8.39 | 5.06 | 6.73 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $476.50M | 37.17 | 24.09 | 19.47 | 19.38 |
| Bright Minds Biosciences Inc. (DRUG)vs › | $478.35M | 121.97 | 23.71 | 19.95 | 19.50 |
| Assembly Biosciences, Inc. (ASMB)vs › | $444.90M | 13.99 | 3.82 | 4.27 | 5.98 |
| Arvinas, Inc. (ARVN)vs › | $482.62M | 7.91 | 4.78 | 4.69 | 6.49 |
Quick Ratio
2.29
Excludes inventory
Current Ratio
4.06
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 | 2.29 |
| 2026-03-31 | 1.90 |
| 2025-12-31 | 2.28 |
| 2025-09-30 | 2.24 |
| 2025-06-30 | 2.21 |
| 2025-03-31 | 1.93 |
| 2024-12-31 | 2.14 |
| 2024-09-30 | 2.73 |
| 2024-06-30 | 2.14 |
| 2024-03-31 | 1.98 |
| 2023-12-31 | 1.64 |
| 2023-09-30 | 2.13 |
| 2023-06-30 | 0.75 |
| 2023-03-31 | 0.75 |
| 2022-12-31 | 0.88 |
| 2022-09-30 | 0.90 |
| 2022-06-30 | 1.09 |
| 2022-03-31 | 1.22 |
| 2021-12-31 | 1.08 |
| 2021-09-30 | 4.92 |
| 2021-06-30 | 5.15 |
| 2021-03-31 | 6.09 |
| 2020-12-31 | 5.40 |
| 2020-09-30 | 5.69 |
| 2020-06-30 | 4.21 |
| 2020-03-31 | 4.91 |
| 2019-12-31 | 3.07 |
| 2019-09-30 | 4.49 |
| 2019-06-30 | 3.40 |
| 2019-03-31 | 3.82 |
| 2018-12-31 | 3.46 |
| 2018-09-30 | 3.31 |
| 2018-06-30 | 2.85 |
| 2018-03-31 | 2.44 |
| 2017-12-31 | 2.58 |
| 2017-09-30 | 2.73 |
| 2017-06-30 | 1.95 |
| 2017-03-31 | 1.71 |
| 2016-12-31 | 1.89 |
| 2016-09-30 | 2.41 |
| 2016-06-30 | 2.24 |
| 2016-03-31 | 1.95 |
| 2015-12-31 | 2.37 |
| 2015-09-30 | 1.99 |
| 2015-06-30 | 2.30 |
| 2015-03-31 | 2.27 |
| 2014-12-31 | 2.34 |
| 2014-09-30 | 2.50 |
| 2014-06-30 | 2.47 |
| 2014-03-31 | 2.57 |
| 2013-12-31 | 2.94 |
| 2013-09-30 | 3.59 |
| 2013-06-30 | 3.35 |
| 2013-03-31 | 1.45 |
| 2012-12-31 | 1.68 |
| 2012-09-30 | 2.01 |
| 2012-06-30 | 0.00 |