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 2.82 is in line with its 5-year average of 3.07, around the middle of its 5-year range (0.85–6.95).
As of the fiscal period ended Tuesday, June 30, 2026. 11.58% below its 12-month average of 3.19.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.82.
QUICK RATIO (ACID-TEST)
2.82
QUICK RATIO (ACID-TEST) AVG TTM
3.19
QUICK RATIO (ACID-TEST) AVG 3Y
3.25
QUICK RATIO (ACID-TEST) AVG 5Y
3.07
QUICK RATIO (ACID-TEST) AVG 10Y
2.25
QUICK RATIO (ACID-TEST) AVG 15Y
1.78
QUICK RATIO (ACID-TEST) AVG 20Y
1.52
CURRENT VS TTM AVG
-11.58%
CURRENT VS 3Y AVG
-13.28%
CURRENT VS 5Y AVG
-8.17%
CURRENT VS 10Y AVG
+25.47%
CURRENT VS 15Y AVG
+58.06%
CURRENT VS 20Y AVG
+85.58%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.87
median of 142 covered companies
CURRENT VS SECTOR MEDIAN
+223.87%
vs the sector median at left
Grand Canyon Education, Inc.
Market Cap
$4.02B
Quick Ratio (Acid-Test)
2.82
TTM Avg
3.19
3Y Avg
3.25
5Y Avg
3.07
Market Cap
$3.70B
Quick Ratio (Acid-Test)
2.00
TTM Avg
1.80
3Y Avg
1.62
5Y Avg
1.90
Market Cap
$4.55B
Quick Ratio (Acid-Test)
1.31
TTM Avg
1.27
3Y Avg
1.34
5Y Avg
1.63
Market Cap
$3.34B
Quick Ratio (Acid-Test)
0.99
TTM Avg
1.25
3Y Avg
1.35
5Y Avg
1.44
Market Cap
$4.75B
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.96
3Y Avg
0.98
5Y Avg
1.07
Market Cap
$3.18B
Quick Ratio (Acid-Test)
2.84
TTM Avg
2.58
3Y Avg
2.34
5Y Avg
2.16
Market Cap
$3.01B
Quick Ratio (Acid-Test)
5.64
TTM Avg
5.64
3Y Avg
5.05
5Y Avg
4.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Grand Canyon Education, Inc. (LOPE) | $4.02B | 2.82 | 3.19 | 3.25 | 3.07 |
| Inter Parfums, Inc. (IPAR)vs › | $3.70B | 2.00 | 1.80 | 1.62 | 1.90 |
| The Chefs' Warehouse, Inc. (CHEF)vs › | $4.55B | 1.31 | 1.27 | 1.34 | 1.63 |
| Stride, Inc. (LRN)vs › | $3.36B | 5.81 | 5.54 | 4.84 | 4.18 |
| Post Holdings, Inc. (POST)vs › | $3.34B | 0.99 | 1.25 | 1.35 | 1.44 |
| Reynolds Consumer Products Inc. (REYN)vs › | $4.75B | 0.71 | 0.96 | 0.98 | 1.07 |
| The Vita Coco Company, Inc. (COCO)vs › | $3.18B | 2.84 | 2.58 | 2.34 | 2.16 |
| Freshpet, Inc. (FRPT)vs › | $3.09B | 5.03 | 4.08 | 3.63 | 3.20 |
| Cal-Maine Foods, Inc. (CALM)vs › | $3.01B | 5.64 | 5.64 | 5.05 | 4.28 |
| Tootsie Roll Industries, Inc. (TR)vs › | $2.83B | 1.86 | 2.71 | 2.63 | 2.82 |
Quick Ratio
2.82
Excludes inventory
Current Ratio
2.82
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 | 2.82 |
| 2026-03-31 | 2.75 |
| 2025-12-31 | 3.65 |
| 2025-09-30 | 3.17 |
| 2025-06-30 | 3.55 |
| 2025-03-31 | 3.40 |
| 2024-12-31 | 3.78 |
| 2024-09-30 | 3.69 |
| 2024-06-30 | 3.63 |
| 2024-03-31 | 2.78 |
| 2023-12-31 | 3.48 |
| 2023-09-30 | 2.76 |
| 2023-06-30 | 2.78 |
| 2023-03-31 | 2.64 |
| 2022-12-31 | 2.74 |
| 2022-09-30 | 2.34 |
| 2022-06-30 | 2.41 |
| 2022-03-31 | 2.87 |
| 2021-12-31 | 6.95 |
| 2021-09-30 | 0.85 |
| 2021-06-30 | 0.87 |
| 2021-03-31 | 2.45 |
| 2020-12-31 | 2.81 |
| 2020-09-30 | 2.38 |
| 2020-06-30 | 1.48 |
| 2020-03-31 | 1.87 |
| 2019-12-31 | 2.19 |
| 2019-09-30 | 1.91 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 1.57 |
| 2018-12-31 | 3.08 |
| 2018-09-30 | 3.52 |
| 2018-06-30 | 1.37 |
| 2018-03-31 | 1.39 |
| 2017-12-31 | 1.18 |
| 2017-09-30 | 1.09 |
| 2017-06-30 | 0.94 |
| 2017-03-31 | 0.88 |
| 2016-12-31 | 0.64 |
| 2016-09-30 | 0.61 |
| 2016-06-30 | 0.55 |
| 2016-03-31 | 0.73 |
| 2015-12-31 | 0.74 |
| 2015-09-30 | 0.81 |
| 2015-06-30 | 0.85 |
| 2015-03-31 | 1.06 |
| 2014-12-31 | 1.08 |
| 2014-09-30 | 0.97 |
| 2014-06-30 | 1.13 |
| 2014-03-31 | 1.31 |
| 2013-12-31 | 1.17 |
| 2013-09-30 | 1.13 |
| 2013-06-30 | 1.13 |
| 2013-03-31 | 1.10 |
| 2012-12-31 | 1.00 |
| 2012-09-30 | 0.53 |
| 2012-06-30 | 0.49 |
| 2012-03-31 | 0.57 |
| 2011-12-31 | 0.46 |
| 2011-09-30 | 0.41 |
| 2011-06-30 | 0.48 |
| 2011-03-31 | 0.55 |
| 2010-12-31 | 1.08 |
| 2010-09-30 | 1.12 |
| 2010-06-30 | 0.92 |
| 2010-03-31 | 1.20 |
| 2009-12-31 | 1.28 |
| 2009-09-30 | 1.16 |
| 2009-06-30 | 0.85 |
| 2009-03-31 | 1.37 |
| 2008-12-31 | 1.50 |
| 2008-09-30 | 0.85 |
| 2008-06-30 | 0.55 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.98 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 1.11 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |