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 1.40 is 55% below its 5-year average of 3.14, near the low end of its 5-year range (0.45–4.43).
As of the fiscal period ended Saturday, June 27, 2026. 0.36% below its 12-month average of 1.40.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-27): 1.40.
QUICK RATIO (ACID-TEST)
1.40
QUICK RATIO (ACID-TEST) AVG TTM
1.40
QUICK RATIO (ACID-TEST) AVG 3Y
2.80
QUICK RATIO (ACID-TEST) AVG 5Y
3.14
QUICK RATIO (ACID-TEST) AVG 10Y
3.59
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-0.36%
CURRENT VS 3Y AVG
-50.10%
CURRENT VS 5Y AVG
-55.44%
CURRENT VS 10Y AVG
-60.98%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-12.01%
vs the sector median at left
Lumentum Holdings Inc.
Market Cap
$73.57B
Quick Ratio (Acid-Test)
1.40
TTM Avg
1.40
3Y Avg
2.80
5Y Avg
3.14
Market Cap
$75.81B
Quick Ratio (Acid-Test)
0.86
TTM Avg
1.00
3Y Avg
0.94
5Y Avg
1.00
Market Cap
$78.36B
Quick Ratio (Acid-Test)
1.24
TTM Avg
1.91
3Y Avg
1.47
5Y Avg
1.34
Market Cap
$67.83B
Quick Ratio (Acid-Test)
3.62
TTM Avg
4.13
3Y Avg
4.51
5Y Avg
4.42
Market Cap
$80.83B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.88
3Y Avg
0.77
5Y Avg
0.75
Market Cap
$64.28B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.95
3Y Avg
1.93
5Y Avg
1.91
Market Cap
$83.43B
Quick Ratio (Acid-Test)
1.53
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lumentum Holdings Inc. (LITE) | $73.57B | 1.40 | 1.40 | 2.80 | 3.14 |
| Motorola Solutions, Inc. (MSI)vs › | $75.81B | 0.86 | 1.00 | 0.94 | 1.00 |
| Synopsys, Inc. (SNPS)vs › | $78.36B | 1.24 | 1.91 | 1.47 | 1.34 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $67.83B | 3.62 | 4.13 | 4.51 | 4.42 |
| Intuit Inc. (INTU)vs › | $79.97B | 1.51 | 1.44 | 1.41 | 1.49 |
| Hewlett Packard Enterprise Company (HPE)vs › | $80.83B | 0.72 | 0.88 | 0.77 | 0.75 |
| United Microelectronics Corporation (UMC)vs › | $64.28B | 1.81 | 1.95 | 1.93 | 1.91 |
| Cadence Design Systems, Inc. (CDNS)vs › | $83.43B | 1.53 | 2.71 | 1.93 | 1.85 |
| Teradyne, Inc. (TER)vs › | $62.33B | 1.76 | 1.63 | 1.81 | 2.08 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.30B | 9.36 | 10.50 | 7.51 | 7.51 |
Quick Ratio
1.40
Excludes inventory
Current Ratio
1.68
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) |
|---|---|
| 2026-06-27 | 1.40 |
| 2026-03-28 | 0.97 |
| 2025-12-27 | 0.45 |
| 2025-09-27 | 1.02 |
| 2025-06-28 | 3.18 |
| 2025-03-29 | 3.53 |
| 2024-12-28 | 3.60 |
| 2024-09-28 | 4.04 |
| 2024-06-29 | 4.43 |
| 2024-03-30 | 3.87 |
| 2023-12-30 | 2.42 |
| 2023-09-30 | 3.81 |
| 2023-06-30 | 3.74 |
| 2023-04-01 | 2.67 |
| 2022-12-31 | 2.61 |
| 2022-10-01 | 2.58 |
| 2022-06-30 | 4.03 |
| 2022-04-02 | 4.35 |
| 2022-01-01 | 3.55 |
| 2021-10-02 | 3.62 |
| 2021-06-30 | 3.37 |
| 2021-04-03 | 3.50 |
| 2020-12-26 | 3.18 |
| 2020-09-26 | 6.66 |
| 2020-06-30 | 6.58 |
| 2020-03-28 | 6.24 |
| 2019-12-28 | 5.60 |
| 2019-09-28 | 3.85 |
| 2019-06-30 | 3.76 |
| 2019-03-30 | 3.20 |
| 2018-12-29 | 3.24 |
| 2018-09-29 | 4.88 |
| 2018-06-30 | 4.55 |
| 2018-03-31 | 4.81 |
| 2017-12-30 | 4.16 |
| 2017-09-30 | 4.38 |
| 2017-06-30 | 4.26 |
| 2017-04-01 | 4.29 |
| 2016-12-31 | 2.01 |
| 2016-10-01 | 2.36 |
| 2016-06-30 | 2.24 |
| 2016-04-02 | 2.23 |
| 2015-12-26 | 2.36 |
| 2015-09-26 | 2.65 |
| 2015-06-30 | 1.73 |
| 2015-03-31 | 1.96 |
| 2014-12-31 | 1.51 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 1.38 |
| 2014-03-31 | 0.00 |
| 2013-12-28 | 0.00 |
| 2013-09-28 | 0.00 |
