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 7.29 is 60% above its 5-year average of 4.56, near the high end of its 5-year range (3.08–7.29).
As of the fiscal period ended Tuesday, June 30, 2026. 42.79% above its 12-month average of 5.11.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.29.
QUICK RATIO (ACID-TEST)
7.29
QUICK RATIO (ACID-TEST) AVG TTM
5.11
QUICK RATIO (ACID-TEST) AVG 3Y
4.58
QUICK RATIO (ACID-TEST) AVG 5Y
4.56
QUICK RATIO (ACID-TEST) AVG 10Y
4.50
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+42.79%
CURRENT VS 3Y AVG
+59.05%
CURRENT VS 5Y AVG
+60.00%
CURRENT VS 10Y AVG
+61.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 560 covered companies
CURRENT VS SECTOR MEDIAN
+323.86%
vs the sector median at left
Market Cap
$2.26B
Quick Ratio (Acid-Test)
3.45
TTM Avg
2.84
3Y Avg
3.22
5Y Avg
3.63
Market Cap
$2.18B
Quick Ratio (Acid-Test)
2.07
TTM Avg
1.44
3Y Avg
1.46
5Y Avg
1.38
Market Cap
$2.16B
Quick Ratio (Acid-Test)
2.71
TTM Avg
3.03
3Y Avg
3.81
5Y Avg
5.23
Market Cap
$2.32B
Quick Ratio (Acid-Test)
2.42
TTM Avg
2.73
3Y Avg
2.67
5Y Avg
2.45
Market Cap
$2.07B
Quick Ratio (Acid-Test)
16.10
TTM Avg
5.69
3Y Avg
3.57
5Y Avg
2.72
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.24B | 7.29 | 5.11 | 4.58 | 4.56 |
| Asana, Inc. (ASAN)vs › | $2.21B | 0.92 | 1.31 | 1.60 | 1.79 |
| PDF Solutions, Inc. (PDFS)vs › | $2.26B | 3.45 | 2.84 | 3.22 | 3.63 |
| Innodata Inc. (INOD)vs › | $2.20B | 1.73 | 2.37 | 1.82 | 1.77 |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.18B | 2.07 | 1.44 | 1.46 | 1.38 |
| Schrödinger, Inc. (SDGR)vs › | $2.16B | 2.71 | 3.03 | 3.81 | 5.23 |
| PC Connection, Inc. (CNXN)vs › | $2.32B | 2.42 | 2.73 | 2.67 | 2.45 |
| nCino, Inc. (NCNO)vs › | $2.11B | 0.85 | 1.10 | 1.09 | 1.54 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.07B | 16.10 | 5.69 | 3.57 | 2.72 |
| GigaCloud Technology Inc. (GCT)vs › | $2.06B | 1.47 | 1.44 | 1.48 | 1.58 |
Quick Ratio
7.29
Excludes inventory
Current Ratio
8.17
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 | 7.29 |
| 2026-03-31 | 6.38 |
| 2025-12-31 | 3.08 |
| 2025-09-30 | 4.36 |
| 2025-06-30 | 4.41 |
| 2025-03-31 | 4.63 |
| 2024-12-31 | 4.48 |
| 2024-09-30 | 4.48 |
| 2024-06-30 | 4.60 |
| 2024-03-31 | 4.34 |
| 2023-12-31 | 5.14 |
| 2023-09-30 | 4.85 |
| 2023-06-30 | 4.54 |
| 2023-03-31 | 4.52 |
| 2022-12-31 | 4.73 |
| 2022-09-30 | 4.40 |
| 2022-06-30 | 4.36 |
| 2022-03-31 | 4.73 |
| 2021-12-31 | 4.45 |
| 2021-09-30 | 4.21 |
| 2021-06-30 | 4.78 |
| 2021-03-31 | 5.29 |
| 2020-12-31 | 3.53 |
| 2020-09-30 | 3.36 |
| 2020-06-30 | 4.16 |
| 2020-03-31 | 4.81 |
| 2019-12-31 | 6.09 |
| 2019-09-30 | 6.69 |
| 2019-06-30 | 7.18 |
| 2019-03-31 | 7.41 |
| 2018-12-31 | 7.77 |
| 2018-09-30 | 7.71 |
| 2018-06-30 | 4.69 |
| 2018-03-31 | 1.64 |
| 2017-12-31 | 1.90 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |