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 1.75 is 46% below its 5-year average of 3.24, near the low end of its 5-year range (1.75–5.08).
As of the fiscal period ended Tuesday, June 30, 2026. 38.60% below its 12-month average of 2.86.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.75.
QUICK RATIO (ACID-TEST)
1.75
QUICK RATIO (ACID-TEST) AVG TTM
2.86
QUICK RATIO (ACID-TEST) AVG 3Y
2.97
QUICK RATIO (ACID-TEST) AVG 5Y
3.24
QUICK RATIO (ACID-TEST) AVG 10Y
5.42
QUICK RATIO (ACID-TEST) AVG 15Y
7.65
QUICK RATIO (ACID-TEST) AVG 20Y
6.85
CURRENT VS TTM AVG
-38.60%
CURRENT VS 3Y AVG
-41.03%
CURRENT VS 5Y AVG
-45.90%
CURRENT VS 10Y AVG
-67.65%
CURRENT VS 15Y AVG
-77.07%
CURRENT VS 20Y AVG
-74.42%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-47.74%
vs the sector median at left
Neurocrine Biosciences, Inc.
Market Cap
$14.63B
Quick Ratio (Acid-Test)
1.75
TTM Avg
2.86
3Y Avg
2.97
5Y Avg
3.24
Market Cap
$14.66B
Quick Ratio (Acid-Test)
3.38
TTM Avg
3.54
3Y Avg
3.46
5Y Avg
4.12
Market Cap
$14.69B
Quick Ratio (Acid-Test)
1.04
TTM Avg
1.07
3Y Avg
1.10
5Y Avg
1.11
Market Cap
$14.54B
Quick Ratio (Acid-Test)
1.58
TTM Avg
2.83
3Y Avg
2.38
5Y Avg
2.61
Market Cap
$15.07B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.86
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$14.04B
Quick Ratio (Acid-Test)
2.32
TTM Avg
0.80
3Y Avg
0.84
5Y Avg
4.11
Market Cap
$13.81B
Quick Ratio (Acid-Test)
6.96
TTM Avg
10.01
3Y Avg
11.56
5Y Avg
9.08
Market Cap
$13.11B
Quick Ratio (Acid-Test)
1.17
TTM Avg
3.59
3Y Avg
3.76
5Y Avg
4.72
Market Cap
$13.01B
Quick Ratio (Acid-Test)
2.31
TTM Avg
5.22
3Y Avg
5.21
5Y Avg
4.91
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Neurocrine Biosciences, Inc. (NBIX) | $14.63B | 1.75 | 2.86 | 2.97 | 3.24 |
| Exelixis, Inc. (EXEL)vs › | $14.66B | 3.38 | 3.54 | 3.46 | 4.12 |
| Charles River Laboratories International, Inc. (CRL)vs › | $14.69B | 1.04 | 1.07 | 1.10 | 1.11 |
| Jazz Pharmaceuticals plc (JAZZ)vs › | $14.54B | 1.58 | 2.83 | 2.38 | 2.61 |
| Solventum Corporation (SOLV)vs › | $15.07B | 0.74 | 0.86 | 0.93 | 0.94 |
| Ascendis Pharma A/S (ASND)vs › | $14.04B | 2.32 | 0.80 | 0.84 | 4.11 |
| Summit Therapeutics Inc. (SMMT)vs › | $13.81B | 6.96 | 10.01 | 11.56 | 9.08 |
| BridgeBio Pharma, Inc. (BBIO)vs › | $13.11B | 1.17 | 3.59 | 3.76 | 4.72 |
| Halozyme Therapeutics, Inc. (HALO)vs › | $13.01B | 2.31 | 5.22 | 5.21 | 4.91 |
| Corcept Therapeutics Incorporated (CORT)vs › | $12.93B | 2.77 | 3.05 | 4.30 | 5.45 |
Quick Ratio
1.75
Excludes inventory
Current Ratio
1.87
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 | 1.75 |
| 2026-03-31 | 2.85 |
| 2025-12-31 | 3.30 |
| 2025-09-30 | 3.27 |
| 2025-06-30 | 3.10 |
| 2025-03-31 | 3.02 |
| 2024-12-31 | 3.28 |
| 2024-09-30 | 4.26 |
| 2024-06-30 | 4.08 |
| 2024-03-31 | 2.47 |
| 2023-12-31 | 2.40 |
| 2023-09-30 | 2.34 |
| 2023-06-30 | 2.51 |
| 2023-03-31 | 3.74 |
| 2022-12-31 | 2.64 |
| 2022-09-30 | 2.41 |
| 2022-06-30 | 3.47 |
| 2022-03-31 | 3.90 |
| 2021-12-31 | 3.83 |
| 2021-09-30 | 4.34 |
| 2021-06-30 | 5.08 |
| 2021-03-31 | 5.55 |
| 2020-12-31 | 5.30 |
| 2020-09-30 | 1.86 |
| 2020-06-30 | 1.96 |
| 2020-03-31 | 6.75 |
| 2019-12-31 | 1.44 |
| 2019-09-30 | 6.99 |
| 2019-06-30 | 7.32 |
| 2019-03-31 | 8.61 |
| 2018-12-31 | 8.24 |
| 2018-09-30 | 1.55 |
| 2018-06-30 | 9.19 |
| 2018-03-31 | 11.06 |
| 2017-12-31 | 10.18 |
| 2017-09-30 | 14.37 |
| 2017-06-30 | 19.36 |
| 2017-03-31 | 10.16 |
| 2016-12-31 | 10.21 |
| 2016-09-30 | 13.42 |
| 2016-06-30 | 14.57 |
| 2016-03-31 | 17.23 |
| 2015-12-31 | 14.94 |
| 2015-09-30 | 19.31 |
| 2015-06-30 | 22.19 |
| 2015-03-31 | 26.66 |
| 2014-12-31 | 12.65 |
| 2014-09-30 | 13.09 |
| 2014-06-30 | 16.39 |
| 2014-03-31 | 20.90 |
| 2013-12-31 | 12.69 |
| 2013-09-30 | 11.95 |
| 2013-06-30 | 10.69 |
| 2013-03-31 | 11.56 |
| 2012-12-31 | 12.10 |
| 2012-09-30 | 7.70 |
| 2012-06-30 | 6.22 |
| 2012-03-31 | 5.05 |
| 2011-12-31 | 2.81 |
| 2011-09-30 | 2.81 |
| 2011-06-30 | 2.40 |
| 2011-03-31 | 2.58 |
| 2010-12-31 | 2.52 |
| 2010-09-30 | 2.47 |
| 2010-06-30 | 2.76 |
| 2010-03-31 | 3.67 |
| 2009-12-31 | 2.77 |
| 2009-09-30 | 2.42 |
| 2009-06-30 | 1.63 |
| 2009-03-31 | 2.07 |
| 2008-12-31 | 3.12 |
| 2008-09-30 | 5.21 |
| 2008-06-30 | 5.83 |
| 2008-03-31 | 8.47 |
| 2007-12-31 | 6.12 |
| 2007-09-30 | 6.40 |
| 2007-06-30 | 7.95 |
| 2007-03-31 | 9.56 |
| 2006-12-31 | 9.63 |
| 2006-09-30 | 9.63 |
| 2006-06-30 | 10.05 |
| 2006-03-31 | 8.39 |
| 2005-12-31 | 8.29 |
| 2005-09-30 | 8.49 |
| 2005-06-30 | 6.74 |
| 2005-03-31 | 5.96 |
| 2004-12-31 | 5.27 |
| 2004-09-30 | 4.67 |
| 2004-06-30 | 4.98 |
| 2004-03-31 | 3.91 |
| 2003-12-31 | 4.29 |
| 2003-09-30 | 4.03 |
| 2003-06-30 | 3.09 |
| 2003-03-31 | 3.52 |
| 2002-12-31 | 7.64 |
| 2002-09-30 | 9.49 |