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 0.85 is 22% above its 5-year average of 0.70, near the low end of its 5-year range (0.00–3.86).
As of the fiscal period ended Tuesday, June 30, 2026. 3.42% above its 12-month average of 0.83.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.85.
QUICK RATIO (ACID-TEST)
0.85
QUICK RATIO (ACID-TEST) AVG TTM
0.83
QUICK RATIO (ACID-TEST) AVG 3Y
0.79
QUICK RATIO (ACID-TEST) AVG 5Y
0.70
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+3.42%
CURRENT VS 3Y AVG
+7.51%
CURRENT VS 5Y AVG
+21.75%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.30
median of 817 covered companies
CURRENT VS SECTOR MEDIAN
-74.11%
vs the sector median at left
Spectral AI, Inc.
Market Cap
$54.10M
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.83
3Y Avg
0.79
5Y Avg
0.70
Market Cap
$53.63M
Quick Ratio (Acid-Test)
21.47
TTM Avg
12.14
3Y Avg
11.08
5Y Avg
9.81
Market Cap
$53.79M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
Market Cap
$52.46M
Quick Ratio (Acid-Test)
3.89
TTM Avg
3.98
3Y Avg
6.90
5Y Avg
10.09
Market Cap
$52.41M
Quick Ratio (Acid-Test)
12.87
TTM Avg
3.88
3Y Avg
3.88
5Y Avg
3.88
Market Cap
$51.42M
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.85
3Y Avg
8.26
5Y Avg
15.41
Market Cap
$51.42M
Quick Ratio (Acid-Test)
3.81
TTM Avg
5.31
3Y Avg
3.36
5Y Avg
3.21
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spectral AI, Inc. (MDAI) | $54.10M | 0.85 | 0.83 | 0.79 | 0.70 |
| ImageneBio Inc (IMA)vs › | $53.63M | 21.47 | 12.14 | 11.08 | 9.81 |
| PDS Biotechnology Corporation (PDSB)vs › | $53.79M | 0.57 | 2.81 | 4.44 | 7.47 |
| Aldeyra The (ALDX)vs › | $52.81M | 4.91 | 4.08 | 6.65 | 8.84 |
| Dogwood Therapeutics, Inc. (DWTX)vs › | $52.46M | 3.89 | 3.98 | 6.90 | 10.09 |
| NOMAD Power Solutions, Inc. (NMAD)vs › | $52.41M | 12.87 | 3.88 | 3.88 | 3.88 |
| biote Corp. (BTMD)vs › | $51.61M | 0.82 | 0.91 | 2.84 | 2.59 |
| Rani Therapeutics Holdings, Inc. (RANI)vs › | $51.42M | 5.31 | 2.85 | 8.26 | 15.41 |
| eXoZymes, Inc. (EXOZ)vs › | $51.42M | 3.81 | 5.31 | 3.36 | 3.21 |
| Envoy Medical, Inc. (COCH)vs › | $51.33M | 1.61 | 0.71 | 0.60 | 0.61 |
Quick Ratio
0.85
Excludes inventory
Current Ratio
0.90
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 | 0.85 |
| 2026-03-31 | 0.71 |
| 2025-12-31 | 0.90 |
| 2025-09-30 | 0.83 |
| 2025-06-30 | 0.84 |
| 2025-03-31 | 1.37 |
| 2024-12-31 | 0.55 |
| 2024-09-30 | 0.69 |
| 2024-06-30 | 0.71 |
| 2024-03-31 | 0.84 |
| 2023-12-31 | 0.78 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 1.81 |
| 2023-03-31 | 2.49 |
| 2022-12-31 | 2.77 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |
| 2021-12-31 | 3.86 |
| 2021-09-30 | 0.00 |
