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 3.35 is 35% below its 5-year average of 5.14, near the low end of its 5-year range (1.89–7.64).
As of the fiscal period ended Tuesday, June 30, 2026. 9.76% below its 12-month average of 3.71.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.35.
QUICK RATIO (ACID-TEST)
3.35
QUICK RATIO (ACID-TEST) AVG TTM
3.71
QUICK RATIO (ACID-TEST) AVG 3Y
3.95
QUICK RATIO (ACID-TEST) AVG 5Y
5.14
QUICK RATIO (ACID-TEST) AVG 10Y
4.18
QUICK RATIO (ACID-TEST) AVG 15Y
3.47
QUICK RATIO (ACID-TEST) AVG 20Y
2.93
CURRENT VS TTM AVG
-9.76%
CURRENT VS 3Y AVG
-15.27%
CURRENT VS 5Y AVG
-34.95%
CURRENT VS 10Y AVG
-19.86%
CURRENT VS 15Y AVG
-3.59%
CURRENT VS 20Y AVG
+14.29%
SECTOR MEDIAN · HEALTHCARE
1.28
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+161.45%
vs the sector median at left
NeoGenomics, Inc.
Market Cap
$470.35M
Quick Ratio (Acid-Test)
3.35
TTM Avg
3.71
3Y Avg
3.95
5Y Avg
5.14
Market Cap
$389.98M
Quick Ratio (Acid-Test)
8.92
TTM Avg
6.16
3Y Avg
7.06
5Y Avg
7.06
Market Cap
$41.24M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
Market Cap
$1.01B
Quick Ratio (Acid-Test)
0.81
TTM Avg
2.16
3Y Avg
2.71
5Y Avg
2.89
Market Cap
$1.71B
Quick Ratio (Acid-Test)
6.65
TTM Avg
5.42
3Y Avg
7.28
5Y Avg
7.47
Market Cap
$1.74B
Quick Ratio (Acid-Test)
1.07
TTM Avg
0.89
3Y Avg
0.95
5Y Avg
0.97
Market Cap
$2.13B
Quick Ratio (Acid-Test)
5.03
TTM Avg
4.66
3Y Avg
4.92
5Y Avg
7.11
Market Cap
$2.49B
Quick Ratio (Acid-Test)
14.57
TTM Avg
8.96
3Y Avg
7.17
5Y Avg
6.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NeoGenomics, Inc. (NEO) | $470.35M | 3.35 | 3.71 | 3.95 | 5.14 |
| NRC Health (NRC)vs › | $459.30M | 0.65 | 0.55 | 0.77 | 1.10 |
| Shoulder Innovations, Inc. (SI)vs › | $389.98M | 8.92 | 6.16 | 7.06 | 7.06 |
| PDS Biotechnology Corporation (PDSB)vs › | $41.24M | 0.57 | 2.81 | 4.44 | 7.47 |
| Teladoc Health, Inc. (TDOC)vs › | $1.01B | 0.81 | 2.16 | 2.71 | 2.89 |
| Intellia Therapeutics, Inc. (NTLA)vs › | $1.71B | 6.65 | 5.42 | 7.28 | 7.47 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.74B | 1.07 | 0.89 | 0.95 | 0.97 |
| Recursion Pharmaceuticals, Inc. (RXRX)vs › | $2.13B | 5.03 | 4.66 | 4.92 | 7.11 |
| Beam Therapeutics Inc. (BEAM)vs › | $2.49B | 14.57 | 8.96 | 7.17 | 6.28 |
| TransMedics Group, Inc. (TMDX)vs › | $2.72B | 6.07 | 7.05 | 8.10 | 8.04 |
Quick Ratio
3.35
Excludes inventory
Current Ratio
3.60
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 | 3.35 |
| 2026-03-31 | 4.06 |
| 2025-12-31 | 3.94 |
| 2025-09-30 | 3.62 |
| 2025-06-30 | 3.58 |
| 2025-03-31 | 1.95 |
| 2024-12-31 | 1.89 |
| 2024-09-30 | 1.91 |
| 2024-06-30 | 1.93 |
| 2024-03-31 | 7.22 |
| 2023-12-31 | 5.95 |
| 2023-09-30 | 6.06 |
| 2023-06-30 | 5.90 |
| 2023-03-31 | 6.47 |
| 2022-12-31 | 6.46 |
| 2022-09-30 | 6.82 |
| 2022-06-30 | 7.26 |
| 2022-03-31 | 7.64 |
| 2021-12-31 | 7.54 |
| 2021-09-30 | 7.42 |
| 2021-06-30 | 7.07 |
| 2021-03-31 | 13.60 |
| 2020-12-31 | 5.73 |
| 2020-09-30 | 6.22 |
| 2020-06-30 | 6.44 |
| 2020-03-31 | 2.88 |
| 2019-12-31 | 4.32 |
| 2019-09-30 | 4.05 |
| 2019-06-30 | 4.52 |
| 2019-03-31 | 1.46 |
| 2018-12-31 | 1.56 |
| 2018-09-30 | 3.98 |
| 2018-06-30 | 1.59 |
| 2018-03-31 | 1.85 |
| 2017-12-31 | 2.21 |
| 2017-09-30 | 1.99 |
| 2017-06-30 | 2.21 |
| 2017-03-31 | 1.97 |
| 2016-12-31 | 1.21 |
| 2016-09-30 | 2.45 |
| 2016-06-30 | 2.34 |
| 2016-03-31 | 2.21 |
| 2015-12-31 | 2.34 |
| 2015-09-30 | 3.78 |
| 2015-06-30 | 3.71 |
| 2015-03-31 | 3.95 |
| 2014-12-31 | 3.84 |
| 2014-09-30 | 3.89 |
| 2014-06-30 | 1.67 |
| 2014-03-31 | 1.72 |
| 2013-12-31 | 1.76 |
| 2013-09-30 | 1.78 |
| 2013-06-30 | 1.78 |
| 2013-03-31 | 1.77 |
| 2012-12-31 | 0.94 |
| 2012-09-30 | 0.91 |
| 2012-06-30 | 1.00 |
| 2012-03-31 | 1.00 |
| 2011-12-31 | 1.05 |
| 2011-09-30 | 1.06 |
| 2011-06-30 | 1.08 |
| 2011-03-31 | 1.12 |
| 2010-12-31 | 0.86 |
| 2010-09-30 | 0.88 |
| 2010-06-30 | 0.99 |
| 2010-03-31 | 1.16 |
| 2009-12-31 | 1.37 |
| 2009-09-30 | 1.86 |
| 2009-06-30 | 1.00 |
| 2009-03-31 | 1.03 |
| 2008-12-31 | 0.88 |
| 2008-09-30 | 1.10 |
| 2008-06-30 | 1.08 |
| 2008-05-13 | 1.16 |
| 2007-12-31 | 1.14 |
| 2007-09-30 | 2.22 |
| 2007-06-30 | 2.64 |
| 2007-05-11 | 0.93 |
| 2006-12-31 | 0.68 |
| 2006-09-30 | 2.13 |
| 2006-06-30 | 1.76 |
| 2006-03-31 | 1.62 |
| 2005-12-31 | 0.93 |
| 2005-09-30 | 1.14 |
| 2005-06-30 | 1.24 |
| 2005-03-31 | 0.99 |
| 2004-12-31 | 0.18 |
| 2004-09-30 | 0.45 |
| 2004-06-30 | 0.25 |
| 2004-03-31 | 0.40 |
| 2003-12-31 | 0.32 |
| 2003-09-30 | 0.45 |
| 2003-06-30 | 0.43 |
| 2003-03-31 | 0.15 |
| 2002-12-31 | 0.10 |
| 2002-09-30 | 0.17 |