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 1.41 is 50% below its 5-year average of 2.82, near the low end of its 5-year range (1.41–4.39).
As of the fiscal period ended Tuesday, June 30, 2026. 27.31% below its 12-month average of 1.94.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.41.
QUICK RATIO (ACID-TEST)
1.41
QUICK RATIO (ACID-TEST) AVG TTM
1.94
QUICK RATIO (ACID-TEST) AVG 3Y
2.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.82
QUICK RATIO (ACID-TEST) AVG 10Y
1.84
QUICK RATIO (ACID-TEST) AVG 15Y
1.46
QUICK RATIO (ACID-TEST) AVG 20Y
1.71
CURRENT VS TTM AVG
-27.31%
CURRENT VS 3Y AVG
-45.71%
CURRENT VS 5Y AVG
-50.02%
CURRENT VS 10Y AVG
-23.24%
CURRENT VS 15Y AVG
-3.38%
CURRENT VS 20Y AVG
-17.63%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-57.95%
vs the sector median at left
MannKind Corporation
Market Cap
$1.21B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.94
3Y Avg
2.59
5Y Avg
2.82
Market Cap
$1.21B
Quick Ratio (Acid-Test)
14.91
TTM Avg
19.24
3Y Avg
24.35
5Y Avg
31.62
Market Cap
$1.20B
Quick Ratio (Acid-Test)
13.19
TTM Avg
12.35
3Y Avg
12.19
5Y Avg
16.27
Market Cap
$1.22B
Quick Ratio (Acid-Test)
1.05
TTM Avg
1.06
3Y Avg
1.16
5Y Avg
1.68
Market Cap
$1.22B
Quick Ratio (Acid-Test)
15.25
TTM Avg
18.40
3Y Avg
18.04
5Y Avg
16.30
Market Cap
$1.18B
Quick Ratio (Acid-Test)
19.73
TTM Avg
13.53
3Y Avg
9.78
5Y Avg
15.63
Market Cap
$1.15B
Quick Ratio (Acid-Test)
10.42
TTM Avg
4.62
3Y Avg
5.77
5Y Avg
6.99
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MannKind Corporation (MNKD) | $1.21B | 1.41 | 1.94 | 2.59 | 2.82 |
| Tyra Biosciences, Inc. (TYRA)vs › | $1.21B | 14.91 | 19.24 | 24.35 | 31.62 |
| ORIC Pharmaceuticals, Inc. (ORIC)vs › | $1.20B | 13.19 | 12.35 | 12.19 | 16.27 |
| Innovage Holding Corp. (INNV)vs › | $1.22B | 1.05 | 1.06 | 1.16 | 1.68 |
| Omada Health (OMDA)vs › | $1.22B | 3.85 | 2.79 | 3.53 | 3.53 |
| Cronos Group Inc. (CRON)vs › | $1.22B | 15.25 | 18.40 | 18.04 | 16.30 |
| Damora Therapeutics, Inc. (DMRA)vs › | $1.18B | 19.73 | 13.53 | 9.78 | 15.63 |
| Kardigan, Inc. (KARD)vs › | $1.26B | 8.72 | 9.20 | 9.20 | 9.20 |
| Nektar Therapeutics (NKTR)vs › | $1.15B | 10.42 | 4.62 | 5.77 | 6.99 |
| GoodRx Holdings, Inc. (GDRX)vs › | $1.14B | 1.38 | 3.96 | 6.78 | 9.79 |
Quick Ratio
1.41
Excludes inventory
Current Ratio
1.72
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 | 1.41 |
| 2026-03-31 | 1.50 |
| 2025-12-31 | 1.50 |
| 2025-09-30 | 3.04 |
| 2025-06-30 | 2.24 |
| 2025-03-31 | 2.11 |
| 2024-12-31 | 2.94 |
| 2024-09-30 | 4.17 |
| 2024-06-30 | 3.76 |
| 2024-03-31 | 3.57 |
| 2023-12-31 | 3.31 |
| 2023-09-30 | 2.06 |
| 2023-06-30 | 2.11 |
| 2023-03-31 | 2.46 |
| 2022-12-31 | 3.17 |
| 2022-09-30 | 3.36 |
| 2022-06-30 | 2.90 |
| 2022-03-31 | 3.29 |
| 2021-12-31 | 4.39 |
| 2021-09-30 | 3.03 |
| 2021-06-30 | 2.85 |
| 2021-03-31 | 3.87 |
| 2020-12-31 | 1.01 |
| 2020-09-30 | 0.58 |
| 2020-06-30 | 1.01 |
| 2020-03-31 | 0.68 |
| 2019-12-31 | 0.86 |
| 2019-09-30 | 0.90 |
| 2019-06-30 | 0.60 |
| 2019-03-31 | 0.85 |
| 2018-12-31 | 1.04 |
| 2018-09-30 | 0.28 |
| 2018-06-30 | 0.43 |
| 2018-03-31 | 0.39 |
| 2017-12-31 | 0.62 |
| 2017-09-30 | 0.28 |
| 2017-06-30 | 0.56 |
| 2017-03-31 | 0.56 |
| 2016-12-31 | 0.82 |
| 2016-09-30 | 0.41 |
| 2016-06-30 | 0.30 |
| 2016-03-31 | 0.12 |
| 2015-12-31 | 0.24 |
| 2015-09-30 | 0.18 |
| 2015-06-30 | 0.37 |
| 2015-03-31 | 0.37 |
| 2014-12-31 | 0.47 |
| 2014-09-30 | 2.71 |
| 2014-06-30 | 0.38 |
| 2014-03-31 | 0.89 |
| 2013-12-31 | 0.60 |
| 2013-09-30 | 0.46 |
| 2013-06-30 | 0.12 |
| 2013-03-31 | 0.12 |
| 2012-12-31 | 0.46 |
| 2012-09-30 | 0.45 |
| 2012-06-30 | 0.91 |
| 2012-03-31 | 1.74 |
| 2011-12-31 | 0.25 |
| 2011-09-30 | 1.56 |
| 2011-06-30 | 1.29 |
| 2011-03-31 | 2.07 |
| 2010-12-31 | 4.08 |
| 2010-09-30 | 3.99 |
| 2010-06-30 | 1.56 |
| 2010-03-31 | 1.37 |
| 2009-12-31 | 1.31 |
| 2009-09-30 | 2.25 |
| 2009-06-30 | 1.04 |
| 2009-03-31 | 0.92 |
| 2008-12-31 | 1.01 |
| 2008-09-30 | 1.88 |
| 2008-06-30 | 3.07 |
| 2008-03-31 | 5.03 |
| 2007-12-31 | 5.61 |
| 2007-09-30 | 3.01 |
| 2007-06-30 | 5.11 |
| 2007-03-31 | 6.86 |
| 2006-12-31 | 10.00 |
| 2006-09-30 | 0.72 |
| 2006-06-30 | 2.17 |
| 2006-03-31 | 4.52 |
| 2005-12-31 | 7.01 |
| 2005-09-30 | 9.87 |
| 2005-06-30 | 2.81 |
| 2005-03-31 | 5.12 |
| 2004-12-31 | 7.35 |
| 2004-09-30 | 12.24 |
| 2004-06-30 | 5.46 |
| 2004-03-31 | 7.09 |
| 2003-03-31 | 0.00 |
