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 3.62 is 14% below its 5-year average of 4.19, near the low end of its 5-year range (3.18–6.11).
As of the fiscal period ended Tuesday, June 30, 2026. 4.13% below its 12-month average of 3.77.
Reported quarterly quick ratio; no daily interpolation. Quarter ended Jun 2026 (2026-06-30): 3.62.
QUICK RATIO (ACID-TEST)
3.62
QUICK RATIO (ACID-TEST) AVG TTM
3.77
QUICK RATIO (ACID-TEST) AVG 3Y
4.48
QUICK RATIO (ACID-TEST) AVG 5Y
4.19
QUICK RATIO (ACID-TEST) AVG 10Y
4.62
QUICK RATIO (ACID-TEST) AVG 15Y
5.33
QUICK RATIO (ACID-TEST) AVG 20Y
5.31
CURRENT VS TTM AVG
-4.13%
CURRENT VS 3Y AVG
-19.24%
CURRENT VS 5Y AVG
-13.57%
CURRENT VS 10Y AVG
-21.63%
CURRENT VS 15Y AVG
-32.11%
CURRENT VS 20Y AVG
-31.87%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+127.55%
vs the sector median at left
Monolithic Power Systems, Inc.
Market Cap
$59.14B
Quick Ratio (Acid-Test)
3.62
TTM Avg
3.77
3Y Avg
4.48
5Y Avg
4.19
Market Cap
$59.35B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.06
Market Cap
$59.37B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.46
3Y Avg
1.63
5Y Avg
2.07
Market Cap
$57.68B
Quick Ratio (Acid-Test)
4.03
TTM Avg
6.34
3Y Avg
3.66
5Y Avg
3.48
Market Cap
$56.60B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.95
3Y Avg
1.93
5Y Avg
1.91
Market Cap
$56.57B
Quick Ratio (Acid-Test)
1.62
TTM Avg
2.02
3Y Avg
2.08
5Y Avg
2.18
Market Cap
$56.31B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.49
3Y Avg
1.49
5Y Avg
1.54
Market Cap
$52.92B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.00
3Y Avg
1.15
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Monolithic Power Systems, Inc. (MPWR) | $59.14B | 3.62 | 3.77 | 4.48 | 4.19 |
| TE Connectivity plc (TEL)vs › | $59.35B | 1.23 | 1.06 | 1.07 | 1.06 |
| Coherent, Inc. (COHR)vs › | $59.37B | 1.52 | 1.46 | 1.63 | 2.07 |
| Teradyne, Inc. (TER)vs › | $59.99B | 1.76 | 1.63 | 1.81 | 2.08 |
| Nebius Group N.V. (NBIS)vs › | $57.68B | 4.03 | 6.34 | 3.66 | 3.48 |
| United Microelectronics Corporation (UMC)vs › | $56.60B | 1.81 | 1.95 | 1.93 | 1.91 |
| Keysight Technologies, Inc. (KEYS)vs › | $56.57B | 1.62 | 2.02 | 2.08 | 2.18 |
| NXP Semiconductors N.V. (NXPI)vs › | $56.31B | 1.36 | 1.49 | 1.49 | 1.54 |
| Electronic Arts Inc. (EA)vs › | $52.92B | 1.21 | 1.00 | 1.15 | 1.37 |
| Garmin Ltd. (GRMN)vs › | $52.47B | 2.08 | 2.58 | 2.39 | 2.36 |
Quick Ratio
3.62
Excludes inventory
Current Ratio
4.98
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 | 3.62 |
| 2026-03-31 | 3.52 |
| 2025-12-31 | 4.38 |
| 2025-09-30 | 3.63 |
| 2025-06-30 | 3.72 |
| 2025-03-31 | 3.67 |
| 2024-12-31 | 3.89 |
| 2024-09-30 | 5.16 |
| 2024-06-30 | 5.32 |
| 2024-03-31 | 5.07 |
| 2023-12-31 | 6.11 |
| 2023-09-30 | 5.35 |
| 2023-06-30 | 4.80 |
| 2023-03-31 | 3.77 |
| 2022-12-31 | 3.66 |
| 2022-09-30 | 3.18 |
| 2022-06-30 | 3.82 |
| 2022-03-31 | 3.43 |
| 2021-12-31 | 3.81 |
| 2021-09-30 | 3.76 |
| 2021-06-30 | 4.23 |
| 2021-03-31 | 3.98 |
| 2020-12-31 | 4.66 |
| 2020-09-30 | 4.24 |
| 2020-06-30 | 4.36 |
| 2020-03-31 | 5.10 |
| 2019-12-31 | 5.37 |
| 2019-09-30 | 4.70 |
| 2019-06-30 | 5.01 |
| 2019-03-31 | 4.71 |
| 2018-12-31 | 5.53 |
| 2018-09-30 | 4.92 |
| 2018-06-30 | 5.06 |
| 2018-03-31 | 5.08 |
| 2017-12-31 | 5.40 |
| 2017-09-30 | 5.50 |
| 2017-06-30 | 5.33 |
| 2017-03-31 | 5.85 |
| 2016-12-31 | 5.89 |
| 2016-09-30 | 5.33 |
| 2016-06-30 | 5.36 |
| 2016-03-31 | 6.25 |
| 2015-12-31 | 6.21 |
| 2015-09-30 | 5.40 |
| 2015-06-30 | 5.63 |
| 2015-03-31 | 5.71 |
| 2014-12-31 | 7.25 |
| 2014-09-30 | 6.92 |
| 2014-06-30 | 6.32 |
| 2014-03-31 | 8.27 |
| 2013-12-31 | 6.56 |
| 2013-09-30 | 8.65 |
| 2013-06-30 | 6.49 |
| 2013-03-31 | 7.17 |
| 2012-12-31 | 7.77 |
| 2012-09-30 | 8.44 |
| 2012-06-30 | 5.86 |
| 2012-03-31 | 6.48 |
| 2011-12-31 | 7.34 |
| 2011-09-30 | 7.16 |
| 2011-06-30 | 5.90 |
| 2011-03-31 | 7.35 |
| 2010-12-31 | 6.85 |
| 2010-09-30 | 6.59 |
| 2010-06-30 | 7.56 |
| 2010-03-31 | 7.96 |
| 2009-12-31 | 7.69 |
| 2009-09-30 | 7.40 |
| 2009-06-30 | 4.48 |
| 2009-03-31 | 4.89 |
| 2008-12-31 | 4.80 |
| 2008-09-30 | 4.21 |
| 2008-06-30 | 2.82 |
| 2008-03-31 | 3.32 |
| 2007-12-31 | 4.46 |
| 2007-09-30 | 3.62 |
| 2007-06-30 | 3.21 |
| 2007-03-31 | 4.60 |
| 2006-12-31 | 4.49 |
| 2006-09-30 | 4.28 |
| 2006-06-30 | 4.50 |
| 2006-03-31 | 3.43 |
| 2005-12-31 | 3.66 |
| 2005-09-30 | 3.72 |
| 2005-06-30 | 2.66 |
| 2005-03-31 | 5.35 |
| 2004-12-31 | 6.63 |
| 2004-09-30 | 1.90 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 6.23 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 7.52 |
| 2002-09-30 | 0.00 |