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 0.98 is 44% below its 5-year average of 1.74, near the low end of its 5-year range (0.83–3.94).
As of the fiscal period ended Tuesday, June 30, 2026. 6.43% below its 12-month average of 1.05.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.98.
QUICK RATIO (ACID-TEST)
0.98
QUICK RATIO (ACID-TEST) AVG TTM
1.05
QUICK RATIO (ACID-TEST) AVG 3Y
1.21
QUICK RATIO (ACID-TEST) AVG 5Y
1.74
QUICK RATIO (ACID-TEST) AVG 10Y
2.60
QUICK RATIO (ACID-TEST) AVG 15Y
3.38
QUICK RATIO (ACID-TEST) AVG 20Y
3.53
CURRENT VS TTM AVG
-6.43%
CURRENT VS 3Y AVG
-18.83%
CURRENT VS 5Y AVG
-43.72%
CURRENT VS 10Y AVG
-62.42%
CURRENT VS 15Y AVG
-71.04%
CURRENT VS 20Y AVG
-72.31%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 734 covered companies
CURRENT VS SECTOR MEDIAN
-69.33%
vs the sector median at left
MDxHealth S.A.
Market Cap
$30.40M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.05
3Y Avg
1.21
5Y Avg
1.74
Market Cap
$30.68M
Quick Ratio (Acid-Test)
5.81
TTM Avg
22.07
3Y Avg
14.94
5Y Avg
12.78
Market Cap
$30.26M
Quick Ratio (Acid-Test)
200.08
TTM Avg
9.87
3Y Avg
7.20
5Y Avg
5.25
Market Cap
$30.32M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
Market Cap
$29.66M
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.31
3Y Avg
0.17
5Y Avg
0.17
Market Cap
$29.83M
Quick Ratio (Acid-Test)
5.56
TTM Avg
0.84
3Y Avg
1.72
5Y Avg
2.80
Market Cap
$29.88M
Quick Ratio (Acid-Test)
0.16
TTM Avg
1.60
3Y Avg
1.34
5Y Avg
1.09
Market Cap
$31.77M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.38
3Y Avg
1.35
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MDxHealth S.A. (MDXH) | $30.40M | 0.98 | 1.05 | 1.21 | 1.74 |
| Context Therapeutics Inc. (CNTX)vs › | $30.68M | 5.81 | 22.07 | 14.94 | 12.78 |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.26M | 200.08 | 9.87 | 7.20 | 5.25 |
| BeyondSpring Inc. (BYSI)vs › | $30.32M | 0.70 | 2.07 | 2.92 | 4.15 |
| CervoMed Inc. (CRVO)vs › | $30.09M | 8.57 | 7.97 | 5.03 | 6.79 |
| OneMedNet Corporation (ONMD)vs › | $29.66M | 0.28 | 0.31 | 0.17 | 0.17 |
| Quantum Cyber N.V. (QUCY)vs › | $29.83M | 5.56 | 0.84 | 1.72 | 2.80 |
| GridAI Technologies Corp. (GRDX)vs › | $29.88M | 0.16 | 1.60 | 1.34 | 1.09 |
| Nortech Systems Incorporated (NSYS)vs › | $31.77M | 1.10 | 1.38 | 1.35 | 1.37 |
| SCYNEXIS, Inc. (SCYX)vs › | $31.93M | 9.65 | 5.02 | 5.18 | 5.41 |
Quick Ratio
0.98
Excludes inventory
Current Ratio
1.15
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 | 0.98 |
| 2025-12-31 | 0.94 |
| 2025-06-30 | 1.22 |
| 2024-12-31 | 1.48 |
| 2024-06-30 | 0.83 |
| 2023-12-31 | 1.81 |
| 2023-06-30 | 1.19 |
| 2022-12-31 | 1.47 |
| 2022-06-30 | 2.28 |
| 2021-12-31 | 3.94 |
| 2021-06-30 | 3.00 |
| 2020-12-31 | 1.59 |
| 2020-06-30 | 2.90 |
| 2019-12-31 | 2.85 |
| 2019-06-30 | 3.86 |
| 2018-12-31 | 4.01 |
| 2018-06-30 | 5.50 |
| 2017-12-31 | 2.85 |
| 2017-06-30 | 4.76 |
| 2016-12-31 | 3.97 |
| 2016-06-30 | 3.26 |
| 2015-12-31 | 3.99 |
| 2015-06-30 | 7.37 |
| 2014-12-31 | 3.84 |
| 2014-06-30 | 3.84 |
| 2013-12-31 | 5.66 |
| 2013-06-30 | 7.98 |
| 2012-12-31 | 4.75 |
| 2012-06-30 | 2.88 |
| 2011-12-31 | 4.50 |
| 2011-06-30 | 5.25 |
| 2010-12-31 | 4.34 |
| 2010-06-30 | 4.11 |
| 2009-12-31 | 4.22 |
| 2009-06-30 | 4.22 |
| 2008-12-31 | 0.00 |
| 2008-06-30 | 6.67 |
| 2007-12-31 | 0.00 |
| 2007-06-30 | 8.22 |
| 2006-12-31 | 0.00 |
| 2006-06-30 | 8.37 |
| 2005-12-31 | 0.00 |
| 2005-06-30 | 4.67 |
| 2004-12-31 | 0.00 |
| 2004-06-30 | 4.80 |