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 2.74 is 18% below its 5-year average of 3.35, around the middle of its 5-year range (1.04–5.75).
As of the fiscal period ended Tuesday, June 30, 2026. 54.89% above its 12-month average of 1.77.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 2.74.
QUICK RATIO (ACID-TEST)
2.74
QUICK RATIO (ACID-TEST) AVG TTM
1.77
QUICK RATIO (ACID-TEST) AVG 3Y
3.02
QUICK RATIO (ACID-TEST) AVG 5Y
3.35
QUICK RATIO (ACID-TEST) AVG 10Y
3.42
QUICK RATIO (ACID-TEST) AVG 15Y
3.74
QUICK RATIO (ACID-TEST) AVG 20Y
3.23
CURRENT VS TTM AVG
+54.89%
CURRENT VS 3Y AVG
-9.26%
CURRENT VS 5Y AVG
-18.12%
CURRENT VS 10Y AVG
-19.81%
CURRENT VS 15Y AVG
-26.60%
CURRENT VS 20Y AVG
-15.04%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 536 covered companies
CURRENT VS SECTOR MEDIAN
+58.14%
vs the sector median at left
Mitek Systems, Inc.
Market Cap
$802.48M
Quick Ratio (Acid-Test)
2.74
TTM Avg
1.77
3Y Avg
3.02
5Y Avg
3.35
Market Cap
$800.39M
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.04
3Y Avg
1.68
5Y Avg
4.21
Market Cap
$792.02M
Quick Ratio (Acid-Test)
2.34
TTM Avg
2.45
3Y Avg
2.91
5Y Avg
2.86
Market Cap
$829.40M
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.08
3Y Avg
1.04
5Y Avg
1.15
Market Cap
$848.25M
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.33
3Y Avg
1.85
5Y Avg
1.80
Market Cap
$851.29M
Quick Ratio (Acid-Test)
4.27
TTM Avg
1.23
3Y Avg
1.16
5Y Avg
1.38
Market Cap
$860.92M
Quick Ratio (Acid-Test)
2.17
TTM Avg
1.74
3Y Avg
1.57
5Y Avg
1.30
Market Cap
$871.61M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.60
3Y Avg
1.48
5Y Avg
1.41
Market Cap
$875.69M
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.38
3Y Avg
1.48
5Y Avg
1.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mitek Systems, Inc. (MITK) | $802.48M | 2.74 | 1.77 | 3.02 | 3.35 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $800.39M | 1.96 | 1.04 | 1.68 | 4.21 |
| Viant Technology Inc. (DSP)vs › | $792.02M | 2.34 | 2.45 | 2.91 | 2.86 |
| Backblaze, Inc. (BLZE)vs › | $829.40M | 1.00 | 1.08 | 1.04 | 1.15 |
| Playtika Holding Corp. (PLTK)vs › | $848.25M | 1.14 | 1.33 | 1.85 | 1.80 |
| Frequency Electronics, Inc. (FEIM)vs › | $851.29M | 4.27 | 1.23 | 1.16 | 1.38 |
| Daktronics, Inc. (DAKT)vs › | $860.92M | 2.17 | 1.74 | 1.57 | 1.30 |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $871.61M | 1.86 | 1.60 | 1.48 | 1.41 |
| PubMatic, Inc. (PUBM)vs › | $875.69M | 1.27 | 1.38 | 1.48 | 1.56 |
| Daily Journal Corporation (DJCO)vs › | $901.29M | 11.65 | 12.07 | 10.38 | 10.04 |
Quick Ratio
2.74
Excludes inventory
Current Ratio
2.74
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 | 2.74 |
| 2026-03-31 | 2.61 |
| 2025-12-31 | 1.18 |
| 2025-09-30 | 1.19 |
| 2025-06-30 | 1.14 |
| 2025-03-31 | 1.04 |
| 2024-12-31 | 4.59 |
| 2024-09-30 | 4.39 |
| 2024-06-30 | 4.46 |
| 2024-03-31 | 4.27 |
| 2023-12-31 | 4.70 |
| 2023-09-30 | 3.69 |
| 2023-06-30 | 3.32 |
| 2023-03-31 | 3.54 |
| 2022-12-31 | 3.32 |
| 2022-09-30 | 2.84 |
| 2022-06-30 | 2.56 |
| 2022-03-31 | 2.39 |
| 2021-12-31 | 5.75 |
| 2021-09-30 | 5.20 |
| 2021-06-30 | 5.46 |
| 2021-03-31 | 8.43 |
| 2020-12-31 | 3.78 |
| 2020-09-30 | 3.45 |
| 2020-06-30 | 2.85 |
| 2020-03-31 | 2.72 |
| 2019-12-31 | 2.48 |
| 2019-09-30 | 2.70 |
| 2019-06-30 | 2.16 |
| 2019-03-31 | 2.13 |
| 2018-12-31 | 1.93 |
| 2018-09-30 | 1.84 |
| 2018-06-30 | 1.79 |
| 2018-03-31 | 3.88 |
| 2017-12-31 | 3.97 |
| 2017-09-30 | 5.34 |
| 2017-06-30 | 4.84 |
| 2017-03-31 | 5.14 |
| 2016-12-31 | 6.80 |
| 2016-09-30 | 4.84 |
| 2016-06-30 | 3.87 |
| 2016-03-31 | 4.13 |
| 2015-12-31 | 4.13 |
| 2015-09-30 | 4.24 |
| 2015-06-30 | 3.68 |
| 2015-03-31 | 4.71 |
| 2014-12-31 | 4.79 |
| 2014-09-30 | 4.46 |
| 2014-06-30 | 4.05 |
| 2014-03-31 | 4.60 |
| 2013-12-31 | 4.43 |
| 2013-09-30 | 5.36 |
| 2013-06-30 | 4.76 |
| 2013-03-31 | 3.12 |
| 2012-12-31 | 3.61 |
| 2012-09-30 | 4.55 |
| 2012-06-30 | 5.07 |
| 2012-03-31 | 6.54 |
| 2011-12-31 | 8.51 |
| 2011-09-30 | 10.66 |
| 2011-06-30 | 9.05 |
| 2011-03-31 | 2.07 |
| 2010-12-31 | 2.16 |
| 2010-09-30 | 2.03 |
| 2010-06-30 | 1.51 |
| 2010-03-31 | 1.46 |
| 2009-12-31 | 1.35 |
| 2009-09-30 | 0.77 |
| 2009-06-30 | 0.90 |
| 2009-03-31 | 0.94 |
| 2008-12-31 | 1.13 |
| 2008-09-30 | 1.59 |
| 2008-06-30 | 1.88 |
| 2008-03-31 | 1.97 |
| 2007-12-31 | 2.75 |
| 2007-09-30 | 2.80 |
| 2007-06-30 | 2.17 |
| 2007-03-31 | 1.78 |
| 2006-12-31 | 1.88 |
| 2006-09-30 | 2.11 |
| 2006-06-30 | 2.33 |
| 2006-03-31 | 1.79 |
| 2005-12-31 | 1.65 |
| 2005-09-30 | 1.66 |
| 2005-06-30 | 1.45 |
| 2005-03-31 | 0.93 |
| 2004-12-31 | 0.95 |
| 2004-09-30 | 1.31 |
| 2004-06-30 | 1.94 |
| 2004-03-31 | 1.29 |
| 2003-12-31 | 1.65 |
| 2003-09-30 | 1.85 |
| 2003-06-30 | 2.11 |
| 2003-03-31 | 2.45 |
| 2002-12-31 | 2.78 |
| 2002-09-30 | 2.69 |
