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 2.98 is 33% above its 5-year average of 2.25, near the high end of its 5-year range (1.68–2.98).
As of the fiscal period ended Thursday, May 28, 2026. 38.64% above its 12-month average of 2.15.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.98
QUICK RATIO (ACID-TEST) AVG TTM
2.15
QUICK RATIO (ACID-TEST) AVG 3Y
2.17
QUICK RATIO (ACID-TEST) AVG 5Y
2.25
QUICK RATIO (ACID-TEST) AVG 10Y
2.03
QUICK RATIO (ACID-TEST) AVG 15Y
1.88
QUICK RATIO (ACID-TEST) AVG 20Y
1.81
CURRENT VS TTM AVG
+38.64%
CURRENT VS 3Y AVG
+37.46%
CURRENT VS 5Y AVG
+32.86%
CURRENT VS 10Y AVG
+46.87%
CURRENT VS 15Y AVG
+58.96%
CURRENT VS 20Y AVG
+65.34%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+88.92%
vs the sector median at left
Micron Technology, Inc.
Market Cap
$929.52B
Quick Ratio (Acid-Test)
2.98
TTM Avg
2.15
3Y Avg
2.17
5Y Avg
2.25
Market Cap
$776.41B
Quick Ratio (Acid-Test)
2.01
TTM Avg
1.92
3Y Avg
1.87
5Y Avg
1.81
Market Cap
$627.85B
Quick Ratio (Acid-Test)
0.79
TTM Avg
0.87
3Y Avg
0.88
5Y Avg
1.04
Market Cap
$457.17B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.87
3Y Avg
1.08
5Y Avg
1.15
Market Cap
$403.07B
Quick Ratio (Acid-Test)
1.87
TTM Avg
1.87
3Y Avg
1.73
5Y Avg
1.75
Market Cap
$374.12B
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.94
3Y Avg
0.87
5Y Avg
1.23
Market Cap
$366.44B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.73
3Y Avg
1.82
5Y Avg
1.86
Market Cap
$282.55B
Quick Ratio (Acid-Test)
7.11
TTM Avg
6.54
3Y Avg
5.95
5Y Avg
5.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Micron Technology, Inc. (MU) | $929.52B | 2.98 | 2.15 | 2.17 | 2.25 |
| Advanced Micro Devices, Inc. (AMD)vs › | $776.41B | 2.01 | 1.92 | 1.87 | 1.81 |
| ASML Holding N.V. (ASML)vs › | $627.85B | 0.79 | 0.87 | 0.88 | 1.04 |
| Cisco Systems, Inc. (CSCO)vs › | $457.17B | 0.91 | 0.87 | 1.08 | 1.15 |
| Intel Corp. (INTC)vs › | $454.97B | 1.65 | 1.31 | 1.23 | 1.34 |
| Applied Materials, Inc. (AMAT)vs › | $403.07B | 1.87 | 1.87 | 1.73 | 1.75 |
| Oracle Corporation (ORCL)vs › | $374.12B | 1.12 | 0.94 | 0.87 | 1.23 |
| Lam Research Corporation (LRCX)vs › | $366.44B | 1.91 | 1.73 | 1.82 | 1.86 |
| Palantir Technologies Inc. (PLTR)vs › | $282.55B | 7.11 | 6.54 | 5.95 | 5.31 |
| Palo Alto Networks, Inc. (PANW)vs › | $270.44B | 0.89 | 0.89 | 0.83 | 1.02 |
Quick Ratio
2.98
Excludes inventory
Current Ratio
2.52
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) |
|---|---|
| 2026-05-28 | 2.98 |
| 2026-02-26 | 2.32 |
| 2025-11-27 | 1.78 |
| 2025-08-28 | 1.79 |
| 2025-05-29 | 1.89 |
| 2025-02-27 | 1.99 |
| 2024-11-28 | 1.75 |
| 2024-08-29 | 1.68 |
| 2024-05-30 | 2.16 |
| 2024-02-29 | 2.40 |
| 2023-11-30 | 2.14 |
| 2023-08-31 | 2.70 |
| 2023-06-01 | 2.64 |
| 2023-03-02 | 2.62 |
| 2022-12-01 | 2.23 |
| 2022-09-01 | 2.01 |
| 2022-06-02 | 2.44 |
| 2022-03-03 | 2.33 |
| 2021-12-02 | 2.36 |
| 2021-09-02 | 2.40 |
| 2021-06-03 | 2.57 |
| 2021-03-04 | 2.31 |
| 2020-12-03 | 1.94 |
| 2020-09-03 | 1.86 |
| 2020-05-28 | 2.02 |
| 2020-02-27 | 1.85 |
| 2019-11-28 | 1.78 |
| 2019-08-29 | 1.78 |
| 2019-05-30 | 1.88 |
| 2019-02-28 | 1.65 |
| 2018-11-29 | 2.15 |
| 2018-08-30 | 2.16 |
| 2018-05-31 | 2.06 |
| 2018-03-01 | 2.06 |
| 2017-11-30 | 1.83 |
| 2017-08-31 | 1.75 |
| 2017-06-01 | 1.55 |
| 2017-03-02 | 1.33 |
| 2016-12-01 | 1.22 |
| 2016-09-01 | 1.37 |
| 2016-06-02 | 1.60 |
| 2016-03-03 | 1.40 |
| 2015-12-03 | 1.51 |
| 2015-09-03 | 1.60 |
| 2015-06-04 | 1.67 |
| 2015-03-05 | 1.83 |
| 2014-12-04 | 1.63 |
| 2014-08-28 | 1.62 |
| 2014-05-29 | 1.51 |
| 2014-02-27 | 1.42 |
| 2013-11-28 | 1.53 |
| 2013-08-29 | 1.52 |
| 2013-05-30 | 1.77 |
| 2013-02-28 | 1.72 |
| 2012-11-29 | 1.63 |
| 2012-08-30 | 1.76 |
| 2012-05-31 | 1.72 |
| 2012-03-01 | 1.75 |
| 2011-12-01 | 1.68 |
| 2011-09-01 | 1.51 |
| 2011-06-02 | 1.54 |
| 2011-03-03 | 1.43 |
| 2010-12-02 | 1.41 |
| 2010-09-02 | 1.69 |
| 2010-06-03 | 1.52 |
| 2010-03-04 | 1.34 |
| 2009-12-03 | 1.22 |
| 2009-09-03 | 1.25 |
| 2009-06-04 | 1.17 |
| 2009-03-05 | 1.02 |
| 2008-12-04 | 1.32 |
| 2008-10-08 | 1.56 |
| 2008-06-26 | 1.50 |
| 2008-02-28 | 1.66 |
| 2007-11-29 | 1.73 |
| 2007-10-12 | 1.83 |
| 2007-05-31 | 2.07 |
| 2007-03-01 | 1.82 |
| 2006-11-30 | 1.94 |
| 2006-08-31 | 2.49 |
| 2006-06-01 | 2.91 |
| 2006-03-02 | 2.99 |
| 2005-12-01 | 2.31 |
| 2005-09-01 | 2.20 |
| 2005-06-02 | 1.92 |
| 2005-03-03 | 1.95 |
| 2004-12-02 | 1.76 |
| 2004-09-02 | 2.12 |
| 2004-06-03 | 2.08 |
| 2004-03-04 | 2.13 |
| 2003-12-04 | 1.99 |
| 2003-08-28 | 1.63 |
| 2003-05-29 | 1.71 |
| 2003-02-27 | 2.01 |
| 2002-11-28 | 1.30 |
| 2002-08-29 | 2.09 |
