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 1.21 is 38% below its 5-year average of 1.94, near the low end of its 5-year range (0.79–2.94).
As of the fiscal period ended Tuesday, June 30, 2026. 5.94% above its 12-month average of 1.14.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.14
QUICK RATIO (ACID-TEST) AVG 3Y
2.00
QUICK RATIO (ACID-TEST) AVG 5Y
1.94
QUICK RATIO (ACID-TEST) AVG 10Y
1.63
QUICK RATIO (ACID-TEST) AVG 15Y
3.12
QUICK RATIO (ACID-TEST) AVG 20Y
3.28
CURRENT VS TTM AVG
+5.94%
CURRENT VS 3Y AVG
-39.70%
CURRENT VS 5Y AVG
-37.93%
CURRENT VS 10Y AVG
-25.84%
CURRENT VS 15Y AVG
-61.41%
CURRENT VS 20Y AVG
-63.27%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-64.01%
vs the sector median at left
Market Cap
$4.11B
Quick Ratio (Acid-Test)
18.27
TTM Avg
19.28
3Y Avg
19.95
5Y Avg
29.41
Market Cap
$4.02B
Quick Ratio (Acid-Test)
12.63
TTM Avg
10.52
3Y Avg
9.25
5Y Avg
8.76
Market Cap
$3.99B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.33
3Y Avg
1.21
5Y Avg
1.93
Market Cap
$4.31B
Quick Ratio (Acid-Test)
4.68
TTM Avg
3.02
3Y Avg
3.88
5Y Avg
4.28
Market Cap
$4.31B
Quick Ratio (Acid-Test)
16.24
TTM Avg
19.89
3Y Avg
20.20
5Y Avg
22.94
Market Cap
$4.37B
Quick Ratio (Acid-Test)
5.08
TTM Avg
3.83
3Y Avg
4.06
5Y Avg
4.06
Market Cap
$4.48B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.63
3Y Avg
0.81
5Y Avg
1.13
Market Cap
$3.64B
Quick Ratio (Acid-Test)
1.42
TTM Avg
24.66
3Y Avg
24.27
5Y Avg
16.20
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LivaNova PLC (LIVN) | $4.12B | 1.21 | 1.14 | 2.00 | 1.94 |
| Relay Therapeutics, Inc. (RLAY)vs › | $4.11B | 18.27 | 19.28 | 19.95 | 29.41 |
| AbCellera Biologics Inc. (ABCL)vs › | $4.02B | 12.63 | 10.52 | 9.25 | 8.76 |
| ICU Medical, Inc. (ICUI)vs › | $3.99B | 1.21 | 1.33 | 1.21 | 1.93 |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.31B | 4.68 | 3.02 | 3.88 | 4.28 |
| Edgewise Therapeutics, Inc. (EWTX)vs › | $4.31B | 16.24 | 19.89 | 20.20 | 22.94 |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.37B | 5.08 | 3.83 | 4.06 | 4.06 |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.48B | 0.66 | 0.63 | 0.81 | 1.13 |
| Regencell Bioscience Holdings Limited (RGC)vs › | $3.64B | 1.42 | 24.66 | 24.27 | 16.20 |
| BillionToOne, Inc. (BLLN)vs › | $4.60B | 11.31 | 9.52 | 6.89 | 6.89 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
1.45
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 | 1.21 |
| 2026-03-31 | 1.11 |
| 2025-12-31 | 1.16 |
| 2025-09-30 | 1.12 |
| 2025-06-30 | 1.09 |
| 2025-03-31 | 1.37 |
| 2024-12-31 | 2.50 |
| 2024-09-30 | 2.87 |
| 2024-06-30 | 2.94 |
| 2024-03-31 | 2.71 |
| 2023-12-31 | 2.51 |
| 2023-09-30 | 2.68 |
| 2023-06-30 | 2.73 |
| 2023-03-31 | 2.41 |
| 2022-12-31 | 2.54 |
| 2022-09-30 | 2.53 |
| 2022-06-30 | 2.47 |
| 2022-03-31 | 2.26 |
| 2021-12-31 | 0.82 |
| 2021-09-30 | 0.79 |
| 2021-06-30 | 0.97 |
| 2021-03-31 | 1.92 |
| 2020-12-31 | 1.92 |
| 2020-09-30 | 1.76 |
| 2020-06-30 | 1.85 |
| 2020-03-31 | 0.84 |
| 2019-12-31 | 0.75 |
| 2019-09-30 | 0.81 |
| 2019-06-30 | 0.67 |
| 2019-03-31 | 0.61 |
| 2018-12-31 | 0.76 |
| 2018-09-30 | 1.21 |
| 2018-06-30 | 1.08 |
| 2018-03-31 | 1.51 |
| 2017-12-31 | 1.79 |
| 2017-09-30 | 1.42 |
| 2017-06-30 | 1.36 |
| 2017-03-31 | 1.45 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.42 |
| 2016-06-30 | 1.37 |
| 2016-03-31 | 1.24 |
| 2015-12-31 | 1.28 |
| 2015-10-18 | 3.61 |
| 2015-09-30 | 6.58 |
| 2015-04-30 | 6.89 |
| 2015-01-31 | 7.75 |
| 2014-10-31 | 8.03 |
| 2014-07-31 | 8.13 |
| 2014-04-30 | 6.78 |
| 2014-01-31 | 7.49 |
| 2013-10-31 | 7.20 |
| 2013-07-31 | 6.91 |
| 2013-04-30 | 6.53 |
| 2013-01-31 | 8.14 |
| 2012-10-31 | 6.76 |
| 2012-07-31 | 7.86 |
| 2012-04-30 | 6.37 |
| 2012-01-31 | 6.44 |
| 2011-10-31 | 4.41 |
| 2011-07-31 | 5.50 |
| 2011-04-30 | 4.68 |
| 2011-01-31 | 4.73 |
| 2010-10-31 | 5.48 |
| 2010-07-31 | 5.28 |
| 2010-04-30 | 4.33 |
| 2010-01-31 | 4.98 |
| 2009-10-31 | 5.36 |
| 2009-07-31 | 5.05 |
| 2009-04-30 | 5.20 |
| 2009-01-31 | 5.16 |
| 2008-10-31 | 5.88 |
| 2008-07-31 | 7.41 |
| 2008-04-30 | 6.61 |
| 2008-01-31 | 0.79 |
| 2007-10-31 | 0.71 |
| 2007-07-31 | 0.71 |
| 2007-04-30 | 0.70 |
| 2007-01-31 | 0.69 |
| 2006-10-31 | 0.76 |
| 2006-07-31 | 0.80 |
| 2006-04-30 | 0.82 |
| 2006-01-31 | 4.78 |
| 2005-10-31 | 5.02 |
| 2005-07-31 | 2.55 |
| 2005-04-30 | 3.53 |
| 2005-01-31 | 3.84 |
| 2004-10-31 | 4.02 |
| 2004-07-31 | 3.28 |
| 2004-04-30 | 3.08 |
| 2004-01-31 | 2.89 |
| 2003-10-31 | 2.70 |
| 2003-07-31 | 2.51 |
| 2003-04-30 | 2.25 |
| 2003-01-31 | 2.02 |
| 2002-10-31 | 1.71 |