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 0.71 is in line with its 5-year average of 0.71, near the low end of its 5-year range (0.48–1.46).
As of the fiscal period ended Tuesday, June 30, 2026. 1.41% above its 12-month average of 0.70.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.71.
QUICK RATIO (ACID-TEST)
0.71
QUICK RATIO (ACID-TEST) AVG TTM
0.70
QUICK RATIO (ACID-TEST) AVG 3Y
0.65
QUICK RATIO (ACID-TEST) AVG 5Y
0.71
QUICK RATIO (ACID-TEST) AVG 10Y
0.88
QUICK RATIO (ACID-TEST) AVG 15Y
0.85
QUICK RATIO (ACID-TEST) AVG 20Y
0.82
CURRENT VS TTM AVG
+1.41%
CURRENT VS 3Y AVG
+9.11%
CURRENT VS 5Y AVG
+0.04%
CURRENT VS 10Y AVG
-18.80%
CURRENT VS 15Y AVG
-16.75%
CURRENT VS 20Y AVG
-12.92%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.90
median of 155 covered companies
CURRENT VS SECTOR MEDIAN
-20.94%
vs the sector median at left
Laureate Education, Inc.
Market Cap
$5.28B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.70
3Y Avg
0.65
5Y Avg
0.71
Market Cap
$5.27B
Quick Ratio (Acid-Test)
0.52
TTM Avg
1.11
3Y Avg
1.12
5Y Avg
1.18
Market Cap
$5.31B
Quick Ratio (Acid-Test)
0.50
TTM Avg
0.51
3Y Avg
0.55
5Y Avg
0.58
Market Cap
$5.68B
Quick Ratio (Acid-Test)
0.33
TTM Avg
0.31
3Y Avg
0.28
5Y Avg
0.29
Market Cap
$4.73B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.96
3Y Avg
0.98
5Y Avg
1.07
Market Cap
$6.04B
Quick Ratio (Acid-Test)
0.43
TTM Avg
0.46
3Y Avg
0.54
5Y Avg
0.53
Market Cap
$4.52B
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.63
Market Cap
$6.06B
Quick Ratio (Acid-Test)
1.82
TTM Avg
1.84
3Y Avg
1.67
5Y Avg
1.65
Market Cap
$6.49B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.31
3Y Avg
0.30
5Y Avg
0.29
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Laureate Education, Inc. (LAUR) | $5.28B | 0.71 | 0.70 | 0.65 | 0.71 |
| Ollie's Bargain Outlet Holdings, Inc. (OLLI)vs › | $5.27B | 0.52 | 1.11 | 1.12 | 1.18 |
| PriceSmart, Inc. (PSMT)vs › | $5.31B | 0.50 | 0.51 | 0.55 | 0.58 |
| Campbell Soup Company (CPB)vs › | $5.68B | 0.33 | 0.31 | 0.28 | 0.29 |
| Reynolds Consumer Products Inc. (REYN)vs › | $4.73B | 0.71 | 0.96 | 0.98 | 1.07 |
| Sprouts Farmers Market, Inc. (SFM)vs › | $6.04B | 0.43 | 0.46 | 0.54 | 0.53 |
| The Chefs' Warehouse, Inc. (CHEF)vs › | $4.52B | 1.31 | 1.27 | 1.34 | 1.63 |
| e.l.f. Beauty, Inc. (ELF)vs › | $6.06B | 1.82 | 1.84 | 1.67 | 1.65 |
| Conagra Brands, Inc. (CAG)vs › | $6.49B | 0.39 | 0.31 | 0.30 | 0.29 |
| Grand Canyon Education, Inc. (LOPE)vs › | $4.05B | 2.82 | 3.71 | 3.41 | 3.90 |
Quick Ratio
0.71
Excludes inventory
Current Ratio
0.71
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 | 0.71 |
| 2026-03-31 | 0.57 |
| 2025-12-31 | 0.67 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.75 |
| 2025-03-31 | 0.58 |
| 2024-12-31 | 0.62 |
| 2024-09-30 | 0.63 |
| 2024-06-30 | 0.76 |
| 2024-03-31 | 0.55 |
| 2023-12-31 | 0.48 |
| 2023-09-30 | 0.65 |
| 2023-06-30 | 0.71 |
| 2023-03-31 | 0.69 |
| 2022-12-31 | 0.59 |
| 2022-09-30 | 0.83 |
| 2022-06-30 | 1.08 |
| 2022-03-31 | 1.15 |
| 2021-12-31 | 1.46 |
| 2021-09-30 | 1.13 |
| 2021-06-30 | 1.45 |
| 2021-03-31 | 1.64 |
| 2020-12-31 | 1.79 |
| 2020-09-30 | 1.43 |
| 2020-06-30 | 1.15 |
| 2020-03-31 | 1.00 |
| 2019-12-31 | 0.88 |
| 2019-09-30 | 0.82 |
| 2019-06-30 | 0.93 |
| 2019-03-31 | 0.87 |
| 2018-12-31 | 1.33 |
| 2018-09-30 | 0.95 |
| 2018-06-30 | 1.02 |
| 2018-03-31 | 0.94 |
| 2017-12-31 | 0.75 |
| 2017-09-30 | 0.66 |
| 2017-06-30 | 0.88 |
| 2017-03-31 | 0.99 |
| 2016-12-31 | 1.05 |
| 2016-09-30 | 0.78 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.52 |
| 2015-12-31 | 0.73 |
| 2015-09-30 | 0.78 |
| 2015-06-30 | 0.73 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.69 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2007-06-30 | 0.82 |
| 2007-03-31 | 0.77 |
| 2006-12-31 | 0.70 |
| 2006-09-30 | 0.74 |
| 2006-06-30 | 0.72 |
| 2006-03-31 | 0.74 |
| 2005-12-31 | 0.72 |
| 2005-09-30 | 0.78 |
| 2005-06-30 | 0.82 |
| 2005-03-31 | 0.82 |
| 2004-12-31 | 0.82 |
| 2004-09-30 | 0.83 |
| 2004-06-30 | 1.00 |
| 2004-03-31 | 0.83 |
| 2003-12-31 | 0.85 |
| 2003-09-30 | 1.11 |
| 2003-06-30 | 1.17 |
| 2003-03-31 | 1.36 |
| 2002-12-31 | 1.17 |
| 2002-09-30 | 1.20 |
| 2002-06-30 | 1.55 |
| 2002-03-31 | 1.50 |
| 2001-12-31 | 1.67 |
| 2001-09-30 | 2.02 |
| 2001-06-30 | 1.85 |
| 2001-03-31 | 1.77 |
| 2000-12-31 | 1.52 |
| 2000-09-30 | 2.10 |
| 2000-06-30 | 2.51 |
| 2000-03-31 | 2.63 |
| 1999-12-31 | 3.00 |
| 1999-09-30 | 1.11 |
| 1999-06-30 | 1.01 |
| 1999-03-31 | 1.14 |
| 1998-12-31 | 1.04 |
| 1998-09-30 | 1.69 |
| 1998-06-30 | 1.82 |
| 1998-03-31 | 2.14 |
| 1997-12-31 | 2.65 |
| 1997-09-30 | 4.23 |
| 1997-06-30 | 2.34 |
| 1997-03-31 | 2.14 |
| 1996-12-31 | 1.55 |
| 1996-09-30 | 2.31 |
| 1996-06-30 | 2.23 |
| 1996-03-31 | 2.82 |
