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 8.75 is 46% below its 5-year average of 16.14, near the low end of its 5-year range (8.16–31.99).
As of the fiscal period ended Tuesday, June 30, 2026. 10.92% below its 12-month average of 9.83.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.75.
QUICK RATIO (ACID-TEST)
8.75
QUICK RATIO (ACID-TEST) AVG TTM
9.83
QUICK RATIO (ACID-TEST) AVG 3Y
14.47
QUICK RATIO (ACID-TEST) AVG 5Y
16.14
QUICK RATIO (ACID-TEST) AVG 10Y
22.16
QUICK RATIO (ACID-TEST) AVG 15Y
18.39
QUICK RATIO (ACID-TEST) AVG 20Y
14.42
CURRENT VS TTM AVG
-10.92%
CURRENT VS 3Y AVG
-39.51%
CURRENT VS 5Y AVG
-45.77%
CURRENT VS 10Y AVG
-60.49%
CURRENT VS 15Y AVG
-52.41%
CURRENT VS 20Y AVG
-39.28%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+161.32%
vs the sector median at left
MediciNova, Inc.
Market Cap
$82.45M
Quick Ratio (Acid-Test)
8.75
TTM Avg
9.83
3Y Avg
14.47
5Y Avg
16.14
Market Cap
$82.39M
Quick Ratio (Acid-Test)
5.74
TTM Avg
2.67
3Y Avg
4.44
5Y Avg
7.03
Market Cap
$82.47M
Quick Ratio (Acid-Test)
3.30
TTM Avg
5.38
3Y Avg
8.10
5Y Avg
12.75
Market Cap
$83.00M
Quick Ratio (Acid-Test)
7.85
TTM Avg
4.70
3Y Avg
2.98
5Y Avg
5.25
Market Cap
$83.65M
Quick Ratio (Acid-Test)
1.98
TTM Avg
0.61
3Y Avg
1.40
5Y Avg
2.59
Market Cap
$83.69M
Quick Ratio (Acid-Test)
7.03
TTM Avg
3.05
3Y Avg
3.90
5Y Avg
4.20
Market Cap
$80.81M
Quick Ratio (Acid-Test)
16.14
TTM Avg
3.54
3Y Avg
1.85
5Y Avg
1.85
Market Cap
$80.53M
Quick Ratio (Acid-Test)
4.02
TTM Avg
5.44
3Y Avg
3.75
5Y Avg
3.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MediciNova, Inc. (MNOV) | $82.45M | 8.75 | 9.83 | 14.47 | 16.14 |
| Humacyte, Inc. (HUMA)vs › | $82.39M | 5.74 | 2.67 | 4.44 | 7.03 |
| Cardiff Oncology, Inc. (CRDF)vs › | $82.47M | 3.30 | 5.38 | 8.10 | 12.75 |
| LENSAR Inc (LNSR)vs › | $83.02M | 1.13 | 1.33 | 1.81 | 2.82 |
| ProMIS Neurosciences, Inc. (PMN)vs › | $83.00M | 7.85 | 4.70 | 2.98 | 5.25 |
| Atara Biotherapeutics, Inc. (ATRA)vs › | $83.65M | 1.98 | 0.61 | 1.40 | 2.59 |
| Cognition Therapeutics, Inc. (CGTX)vs › | $83.69M | 7.03 | 3.05 | 3.90 | 4.20 |
| Telomir Pharmaceuticals, Inc. Common Stock (TELO)vs › | $80.81M | 16.14 | 3.54 | 1.85 | 1.85 |
| Nutriband Inc. (NTRB)vs › | $80.53M | 4.02 | 5.44 | 3.75 | 3.66 |
| Acrivon Therapeutics, Inc. Common Stock (ACRV)vs › | $80.90M | 7.99 | 9.12 | 12.06 | 14.25 |
Quick Ratio
8.75
Excludes inventory
Current Ratio
8.75
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 | 8.75 |
| 2026-03-31 | 9.09 |
| 2025-12-31 | 8.16 |
| 2025-09-30 | 9.86 |
| 2025-06-30 | 13.26 |
| 2025-03-31 | 17.66 |
| 2024-12-31 | 13.88 |
| 2024-09-30 | 16.66 |
| 2024-06-30 | 18.24 |
| 2024-03-31 | 19.07 |
| 2023-12-31 | 15.61 |
| 2023-09-30 | 18.92 |
| 2023-06-30 | 18.97 |
| 2023-03-31 | 20.64 |
| 2022-12-31 | 18.51 |
| 2022-09-30 | 11.74 |
| 2022-06-30 | 17.17 |
| 2022-03-31 | 23.13 |
| 2021-12-31 | 25.42 |
| 2021-09-30 | 18.12 |
| 2021-06-30 | 31.99 |
| 2021-03-31 | 44.49 |
| 2020-12-31 | 27.67 |
| 2020-09-30 | 34.67 |
| 2020-06-30 | 22.01 |
| 2020-03-31 | 34.64 |
| 2019-12-31 | 28.86 |
| 2019-09-30 | 36.50 |
| 2019-06-30 | 34.78 |
| 2019-03-31 | 46.40 |
| 2018-12-31 | 28.63 |
| 2018-09-30 | 34.81 |
| 2018-06-30 | 41.20 |
| 2018-03-31 | 53.02 |
| 2017-12-31 | 9.83 |
| 2017-09-30 | 14.39 |
| 2017-06-30 | 16.45 |
| 2017-03-31 | 21.84 |
| 2016-12-31 | 15.16 |
| 2016-09-30 | 18.63 |
| 2016-06-30 | 20.42 |
| 2016-03-31 | 27.33 |
| 2015-12-31 | 15.25 |
| 2015-09-30 | 18.78 |
| 2015-06-30 | 8.67 |
| 2015-03-31 | 12.12 |
| 2014-12-31 | 7.61 |
| 2014-09-30 | 11.13 |
| 2014-06-30 | 13.14 |
| 2014-03-31 | 17.81 |
| 2013-12-31 | 31.24 |
| 2013-09-30 | 10.04 |
| 2013-06-30 | 11.62 |
| 2013-03-31 | 3.92 |
| 2012-12-31 | 4.26 |
| 2012-09-30 | 5.49 |
| 2012-06-30 | 2.46 |
| 2012-03-31 | 4.31 |
| 2011-12-31 | 4.25 |
| 2011-09-30 | 2.79 |
| 2011-06-30 | 5.19 |
| 2011-03-31 | 1.31 |
| 2010-12-31 | 1.59 |
| 2010-09-30 | 1.82 |
| 2010-06-30 | 5.30 |
| 2010-03-31 | 2.19 |
| 2009-12-31 | 2.09 |
| 2009-09-30 | 2.65 |
| 2009-06-30 | 2.81 |
| 2009-03-31 | 1.66 |
| 2008-12-31 | 9.18 |
| 2008-09-30 | 12.87 |
| 2008-06-30 | 10.81 |
| 2008-03-31 | 8.96 |
| 2007-12-31 | 10.23 |
| 2007-09-30 | 5.78 |
| 2007-06-30 | 7.16 |
| 2007-03-31 | 10.60 |
| 2006-12-31 | 10.47 |
| 2006-09-30 | 12.45 |
| 2006-06-30 | 18.69 |
| 2006-03-31 | 18.34 |
| 2005-12-31 | 21.32 |
| 2005-09-30 | 29.60 |
| 2005-06-30 | 29.64 |
| 2005-03-31 | 49.29 |
| 2004-12-31 | 19.84 |
| 2004-09-30 | 27.66 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2001-09-30 | 0.00 |
