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 1.10 is 10% below its 5-year average of 1.22, near the low end of its 5-year range (1.10–1.36).
As of the fiscal period ended Tuesday, June 30, 2026. 4.00% below its 12-month average of 1.14.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.10
QUICK RATIO (ACID-TEST) AVG TTM
1.14
QUICK RATIO (ACID-TEST) AVG 3Y
1.20
QUICK RATIO (ACID-TEST) AVG 5Y
1.22
QUICK RATIO (ACID-TEST) AVG 10Y
1.31
QUICK RATIO (ACID-TEST) AVG 15Y
1.46
QUICK RATIO (ACID-TEST) AVG 20Y
1.42
CURRENT VS TTM AVG
-4.00%
CURRENT VS 3Y AVG
-8.26%
CURRENT VS 5Y AVG
-10.26%
CURRENT VS 10Y AVG
-16.27%
CURRENT VS 15Y AVG
-24.80%
CURRENT VS 20Y AVG
-22.79%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.87
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+26.28%
vs the sector median at left
MercadoLibre, Inc.
Market Cap
$97.66B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.14
3Y Avg
1.20
5Y Avg
1.22
Market Cap
$96.75B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.51
3Y Avg
0.49
5Y Avg
0.57
Market Cap
$85.74B
Quick Ratio (Acid-Test)
0.53
TTM Avg
0.42
3Y Avg
0.43
5Y Avg
0.46
Market Cap
$112.60B
Quick Ratio (Acid-Test)
0.27
TTM Avg
0.17
3Y Avg
0.16
5Y Avg
0.18
Market Cap
$113.52B
Quick Ratio (Acid-Test)
2.62
TTM Avg
2.33
3Y Avg
2.11
5Y Avg
1.99
Market Cap
$116.29B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.67
Market Cap
$77.59B
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.99
3Y Avg
0.96
5Y Avg
0.94
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MercadoLibre, Inc. (MELI) | $97.66B | 1.10 | 1.14 | 1.20 | 1.22 |
| BYD Company Limited (BYDDY)vs › | $96.75B | 0.49 | 0.51 | 0.49 | 0.57 |
| Airbnb, Inc. (ABNB)vs › | $103.59B | 1.41 | 1.53 | 1.65 | 1.71 |
| Marriott International, Inc. (MAR)vs › | $85.74B | 0.53 | 0.42 | 0.43 | 0.46 |
| Lowe's Companies, Inc. (LOW)vs › | $112.60B | 0.27 | 0.17 | 0.16 | 0.18 |
| Carvana Co. (CVNA)vs › | $81.96B | 2.33 | 2.58 | 1.91 | 1.69 |
| PDD Holdings Inc. (PDD)vs › | $113.52B | 2.62 | 2.33 | 2.11 | 1.99 |
| Starbucks Corporation (SBUX)vs › | $116.29B | 0.54 | 0.54 | 0.55 | 0.67 |
| General Motors Company (GM)vs › | $77.59B | 0.97 | 0.99 | 0.96 | 0.94 |
| Ross Stores, Inc. (ROST)vs › | $73.56B | 0.98 | 1.06 | 1.18 | 1.21 |
Quick Ratio
1.10
Excludes inventory
Current Ratio
1.12
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 | 1.10 |
| 2026-03-31 | 1.14 |
| 2025-12-31 | 1.15 |
| 2025-09-30 | 1.15 |
| 2025-06-30 | 1.18 |
| 2025-03-31 | 1.18 |
| 2024-12-31 | 1.20 |
| 2024-09-30 | 1.22 |
| 2024-06-30 | 1.26 |
| 2024-03-31 | 1.25 |
| 2023-12-31 | 1.24 |
| 2023-09-30 | 1.24 |
| 2023-06-30 | 1.25 |
| 2023-03-31 | 1.26 |
| 2022-12-31 | 1.26 |
| 2022-09-30 | 1.31 |
| 2022-06-30 | 1.27 |
| 2022-03-31 | 1.36 |
| 2021-12-31 | 1.36 |
| 2021-09-30 | 1.18 |
| 2021-06-30 | 1.14 |
| 2021-03-31 | 1.18 |
| 2020-12-31 | 1.44 |
| 2020-09-30 | 1.62 |
| 2020-06-30 | 1.78 |
| 2020-03-31 | 2.22 |
| 2019-12-31 | 2.16 |
| 2019-09-30 | 2.72 |
| 2019-06-30 | 2.53 |
| 2019-03-31 | 2.82 |
| 2018-12-31 | 1.29 |
| 2018-09-30 | 1.61 |
| 2018-06-30 | 1.15 |
| 2018-03-31 | 1.18 |
| 2017-12-31 | 1.33 |
| 2017-09-30 | 1.43 |
| 2017-06-30 | 1.42 |
| 2017-03-31 | 1.48 |
| 2016-12-31 | 1.51 |
| 2016-09-30 | 1.53 |
| 2016-06-30 | 1.59 |
| 2016-03-31 | 1.57 |
| 2015-12-31 | 1.69 |
| 2015-09-30 | 1.70 |
| 2015-06-30 | 1.58 |
| 2015-03-31 | 1.82 |
| 2014-12-31 | 1.82 |
| 2014-09-30 | 2.01 |
| 2014-06-30 | 2.55 |
| 2014-03-31 | 1.49 |
| 2013-12-31 | 1.46 |
| 2013-09-30 | 1.44 |
| 2013-06-30 | 1.57 |
| 2013-03-31 | 1.58 |
| 2012-12-31 | 1.62 |
| 2012-09-30 | 1.78 |
| 2012-06-30 | 1.77 |
| 2012-03-31 | 1.81 |
| 2011-12-31 | 1.69 |
| 2011-09-30 | 1.67 |
| 2011-06-30 | 1.58 |
| 2011-03-31 | 1.00 |
| 2010-12-31 | 1.15 |
| 2010-09-30 | 1.16 |
| 2010-06-30 | 1.03 |
| 2010-03-31 | 1.06 |
| 2009-12-31 | 1.36 |
| 2009-09-30 | 1.07 |
| 2009-06-30 | 0.92 |
| 2009-03-31 | 0.94 |
| 2008-12-31 | 1.07 |
| 2008-09-30 | 1.19 |
| 2008-06-30 | 2.20 |
| 2008-03-31 | 2.21 |
| 2007-12-31 | 2.51 |
| 2007-09-30 | 2.97 |
| 2007-06-30 | 1.30 |
| 2007-03-31 | 1.46 |
| 2006-12-31 | 1.48 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 1.84 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
