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 0.40 is in line with its 5-year average of 0.44, near the low end of its 5-year range (0.37–0.63).
As of the fiscal period ended Tuesday, June 30, 2026. 2.88% above its 12-month average of 0.38.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.40
QUICK RATIO (ACID-TEST) AVG TTM
0.38
QUICK RATIO (ACID-TEST) AVG 3Y
0.41
QUICK RATIO (ACID-TEST) AVG 5Y
0.44
QUICK RATIO (ACID-TEST) AVG 10Y
0.41
QUICK RATIO (ACID-TEST) AVG 15Y
0.48
QUICK RATIO (ACID-TEST) AVG 20Y
0.52
CURRENT VS TTM AVG
+2.88%
CURRENT VS 3Y AVG
-3.29%
CURRENT VS 5Y AVG
-9.70%
CURRENT VS 10Y AVG
-3.31%
CURRENT VS 15Y AVG
-18.06%
CURRENT VS 20Y AVG
-23.52%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.65
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-39.20%
vs the sector median at left
Mondelez International, Inc.
Market Cap
$78.85B
Quick Ratio (Acid-Test)
0.40
TTM Avg
0.38
3Y Avg
0.41
5Y Avg
0.44
Market Cap
$73.87B
Quick Ratio (Acid-Test)
0.67
TTM Avg
0.61
3Y Avg
0.67
5Y Avg
0.66
Market Cap
$69.20B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.34
3Y Avg
0.32
5Y Avg
0.31
Market Cap
$89.06B
Quick Ratio (Acid-Test)
3.22
TTM Avg
2.90
3Y Avg
3.40
5Y Avg
3.60
Market Cap
$108.62B
Quick Ratio (Acid-Test)
0.30
TTM Avg
0.44
3Y Avg
0.49
5Y Avg
0.52
Market Cap
$47.21B
Quick Ratio (Acid-Test)
0.68
TTM Avg
0.61
3Y Avg
0.66
5Y Avg
0.70
Market Cap
$40.29B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.73
3Y Avg
0.72
5Y Avg
0.75
Market Cap
$39.70B
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.38
3Y Avg
0.33
5Y Avg
0.31
Market Cap
$38.78B
Quick Ratio (Acid-Test)
0.86
TTM Avg
6.00
3Y Avg
3.45
5Y Avg
2.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mondelez International, Inc. (MDLZ) | $78.85B | 0.40 | 0.38 | 0.41 | 0.44 |
| Colgate-Palmolive Company (CL)vs › | $73.87B | 0.67 | 0.61 | 0.67 | 0.66 |
| Target Corporation (TGT)vs › | $69.20B | 0.30 | 0.34 | 0.32 | 0.31 |
| Monster Beverage Corporation (MNST)vs › | $89.06B | 3.22 | 2.90 | 3.40 | 3.60 |
| Altria Group, Inc. (MO)vs › | $108.62B | 0.30 | 0.44 | 0.49 | 0.52 |
| Coca-Cola Europacific Partners PLC (CCEP)vs › | $47.21B | 0.68 | 0.61 | 0.66 | 0.70 |
| Sysco Corporation (SYY)vs › | $40.29B | 0.77 | 0.73 | 0.72 | 0.75 |
| Keurig Dr Pepper Inc. (KDP)vs › | $39.70B | 0.28 | 0.38 | 0.33 | 0.31 |
| Archer-Daniels-Midland Company (ADM)vs › | $38.78B | 0.86 | 6.00 | 3.45 | 2.58 |
| The Hershey Company (HSY)vs › | $36.91B | 0.66 | 0.68 | 0.58 | 0.65 |
Quick Ratio
0.40
Excludes inventory
Current Ratio
0.60
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 | 0.40 |
| 2026-03-31 | 0.37 |
| 2025-12-31 | 0.39 |
| 2025-09-30 | 0.37 |
| 2025-06-30 | 0.39 |
| 2025-03-31 | 0.40 |
| 2024-12-31 | 0.48 |
| 2024-09-30 | 0.42 |
| 2024-06-30 | 0.50 |
| 2024-03-31 | 0.63 |
| 2023-12-31 | 0.43 |
| 2023-09-30 | 0.41 |
| 2023-06-30 | 0.43 |
| 2023-03-31 | 0.49 |
| 2022-12-31 | 0.40 |
| 2022-09-30 | 0.46 |
| 2022-06-30 | 0.45 |
| 2022-03-31 | 0.48 |
| 2021-12-31 | 0.54 |
| 2021-09-30 | 0.53 |
| 2021-06-30 | 0.41 |
| 2021-03-31 | 0.43 |
| 2020-12-31 | 0.48 |
| 2020-09-30 | 0.52 |
| 2020-06-30 | 0.36 |
| 2020-03-31 | 0.39 |
| 2019-12-31 | 0.33 |
| 2019-09-30 | 0.34 |
| 2019-06-30 | 0.29 |
| 2019-03-31 | 0.33 |
| 2018-12-31 | 0.30 |
| 2018-09-30 | 0.38 |
| 2018-06-30 | 0.37 |
| 2018-03-31 | 0.34 |
| 2017-12-31 | 0.31 |
| 2017-09-30 | 0.34 |
| 2017-06-30 | 0.35 |
| 2017-03-31 | 0.39 |
| 2016-12-31 | 0.42 |
| 2016-09-30 | 0.44 |
| 2016-06-30 | 0.48 |
| 2016-03-31 | 0.47 |
| 2015-12-31 | 0.58 |
| 2015-09-30 | 0.67 |
| 2015-06-30 | 0.53 |
| 2015-03-31 | 0.51 |
| 2014-12-31 | 0.59 |
| 2014-09-30 | 0.60 |
| 2014-06-30 | 0.60 |
| 2014-03-31 | 0.63 |
| 2013-12-31 | 0.66 |
| 2013-09-30 | 0.74 |
| 2013-06-30 | 0.75 |
| 2013-03-31 | 0.75 |
| 2012-12-31 | 0.80 |
| 2012-09-30 | 0.83 |
| 2012-06-30 | 0.85 |
| 2012-03-31 | 0.59 |
| 2011-12-31 | 0.57 |
| 2011-09-30 | 0.54 |
| 2011-06-30 | 0.55 |
| 2011-03-31 | 0.58 |
| 2010-12-31 | 0.70 |
| 2010-09-30 | 0.74 |
| 2010-06-30 | 0.73 |
| 2010-03-31 | 0.78 |
| 2009-12-31 | 0.76 |
| 2009-09-30 | 0.74 |
| 2009-06-30 | 0.75 |
| 2009-03-31 | 0.69 |
| 2008-12-31 | 0.69 |
| 2008-09-30 | 0.64 |
| 2008-06-30 | 0.58 |
| 2008-03-31 | 0.49 |
| 2007-12-31 | 0.39 |
| 2007-09-30 | 0.51 |
| 2007-06-30 | 0.42 |
| 2007-03-31 | 0.48 |
| 2006-12-31 | 0.45 |
| 2006-09-30 | 0.47 |
| 2006-06-30 | 0.50 |
| 2006-03-31 | 0.54 |
| 2005-12-31 | 0.55 |
| 2005-09-30 | 0.57 |
| 2005-06-30 | 0.62 |
| 2005-03-31 | 0.70 |
| 2004-12-31 | 0.69 |
| 2004-09-30 | 0.55 |
| 2004-06-30 | 0.56 |
| 2004-03-31 | 0.61 |
| 2003-12-31 | 0.61 |
| 2003-09-30 | 0.57 |
| 2003-06-30 | 0.55 |
| 2003-03-31 | 0.54 |
| 2002-12-31 | 0.57 |
| 2002-09-30 | 0.48 |