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 2.91 is 32% below its 5-year average of 4.31, near the low end of its 5-year range (2.22–9.99).
As of the fiscal period ended Sunday, May 31, 2026. 11.61% above its 12-month average of 2.61.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-05-31): 2.91.
QUICK RATIO (ACID-TEST)
2.91
QUICK RATIO (ACID-TEST) AVG TTM
2.61
QUICK RATIO (ACID-TEST) AVG 3Y
2.69
QUICK RATIO (ACID-TEST) AVG 5Y
4.31
QUICK RATIO (ACID-TEST) AVG 10Y
6.26
QUICK RATIO (ACID-TEST) AVG 15Y
6.15
QUICK RATIO (ACID-TEST) AVG 20Y
5.45
CURRENT VS TTM AVG
+11.61%
CURRENT VS 3Y AVG
+8.28%
CURRENT VS 5Y AVG
-32.43%
CURRENT VS 10Y AVG
-53.52%
CURRENT VS 15Y AVG
-52.68%
CURRENT VS 20Y AVG
-46.64%
SECTOR MEDIAN · HEALTHCARE
3.28
median of 792 covered companies
CURRENT VS SECTOR MEDIAN
-11.29%
vs the sector median at left
Neogen Corporation
Market Cap
$2.65B
Quick Ratio (Acid-Test)
2.91
TTM Avg
2.61
3Y Avg
2.69
5Y Avg
4.31
Market Cap
$2.67B
Quick Ratio (Acid-Test)
18.08
TTM Avg
24.41
3Y Avg
20.74
5Y Avg
20.74
Market Cap
$2.67B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.32
3Y Avg
1.06
5Y Avg
0.97
Market Cap
$2.68B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.27
3Y Avg
1.12
5Y Avg
1.27
Market Cap
$2.59B
Quick Ratio (Acid-Test)
14.57
TTM Avg
8.96
3Y Avg
7.17
5Y Avg
6.28
Market Cap
$2.58B
Quick Ratio (Acid-Test)
9.03
TTM Avg
7.98
3Y Avg
9.04
5Y Avg
8.34
Market Cap
$2.58B
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.73
3Y Avg
1.84
5Y Avg
1.83
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Neogen Corporation (NEOG) | $2.65B | 2.91 | 2.61 | 2.69 | 4.31 |
| MBX Biosciences, Inc. Common Stock (MBX)vs › | $2.67B | 18.08 | 24.41 | 20.74 | 20.74 |
| Aveanna Healthcare Holdings Inc. (AVAH)vs › | $2.67B | 1.16 | 1.32 | 1.06 | 0.97 |
| Acadia Healthcare Company, Inc. (ACHC)vs › | $2.68B | 1.56 | 1.27 | 1.12 | 1.27 |
| Beam Therapeutics Inc. (BEAM)vs › | $2.59B | 14.57 | 8.96 | 7.17 | 6.28 |
| NewAmsterdam Pharma Company N.V. (NAMS)vs › | $2.58B | 9.03 | 7.98 | 9.04 | 8.34 |
| Privia Health Group, Inc. (PRVA)vs › | $2.58B | 1.62 | 1.73 | 1.84 | 1.83 |
| Precigen, Inc. (PGEN)vs › | $2.73B | 3.89 | 3.79 | 3.02 | 3.31 |
| AtriCure, Inc. (ATRC)vs › | $2.79B | 3.19 | 2.81 | 2.79 | 3.25 |
| TransMedics Group, Inc. (TMDX)vs › | $2.81B | 6.07 | 7.05 | 8.10 | 8.04 |
Quick Ratio
2.91
Excludes inventory
Current Ratio
3.82
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) |
|---|---|
| 2026-05-31 | 2.91 |
| 2026-02-28 | 2.84 |
| 2025-11-30 | 2.80 |
| 2025-08-31 | 2.26 |
| 2025-05-31 | 2.22 |
| 2025-02-28 | 2.45 |
| 2024-11-30 | 2.46 |
| 2024-08-31 | 2.79 |
| 2024-05-31 | 2.59 |
| 2024-02-29 | 2.66 |
| 2023-11-30 | 2.63 |
| 2023-08-31 | 3.21 |
| 2023-05-31 | 3.11 |
| 2023-02-28 | 3.84 |
| 2022-11-30 | 3.33 |
| 2022-08-31 | 7.15 |
| 2022-05-31 | 6.48 |
| 2022-02-28 | 7.53 |
| 2021-11-30 | 8.02 |
| 2021-08-31 | 9.99 |
| 2021-05-31 | 9.16 |
| 2021-02-28 | 9.93 |
| 2020-11-30 | 10.90 |
| 2020-08-31 | 9.89 |
| 2020-05-31 | 9.12 |
| 2020-02-29 | 10.88 |
| 2019-11-30 | 10.67 |
| 2019-08-31 | 9.54 |
| 2019-05-31 | 9.50 |
| 2019-02-28 | 9.86 |
| 2018-11-30 | 8.64 |
| 2018-08-31 | 8.09 |
| 2018-05-31 | 7.75 |
| 2018-02-28 | 7.37 |
| 2017-11-30 | 7.02 |
| 2017-08-31 | 6.20 |
| 2017-05-31 | 6.11 |
| 2017-02-28 | 5.80 |
| 2016-11-30 | 6.40 |
| 2016-08-31 | 6.09 |
| 2016-05-31 | 6.49 |
| 2016-02-29 | 6.82 |
| 2015-11-30 | 6.05 |
| 2015-08-31 | 6.66 |
| 2015-05-31 | 7.06 |
| 2015-02-28 | 6.11 |
| 2014-11-30 | 6.31 |
| 2014-08-31 | 5.97 |
| 2014-05-31 | 5.51 |
| 2014-02-28 | 5.06 |
| 2013-11-30 | 5.65 |
| 2013-08-31 | 5.87 |
| 2013-05-31 | 7.34 |
| 2013-02-28 | 5.27 |
| 2012-11-30 | 6.23 |
| 2012-08-31 | 6.21 |
| 2012-05-31 | 5.45 |
| 2012-02-29 | 5.73 |
| 2011-11-30 | 5.11 |
| 2011-08-31 | 4.93 |
| 2011-05-31 | 5.09 |
| 2011-02-28 | 4.02 |
| 2010-11-30 | 3.60 |
| 2010-08-31 | 3.36 |
| 2010-05-31 | 3.21 |
| 2010-02-28 | 3.98 |
| 2009-11-30 | 4.07 |
| 2009-08-31 | 4.09 |
| 2009-05-31 | 4.37 |
| 2009-02-28 | 3.45 |
| 2008-11-30 | 3.20 |
| 2008-08-31 | 2.73 |
| 2008-05-31 | 3.40 |
| 2008-02-29 | 2.90 |
| 2007-11-30 | 3.29 |
| 2007-08-31 | 3.00 |
| 2007-05-31 | 3.19 |
| 2007-02-28 | 3.19 |
| 2006-11-30 | 2.78 |
| 2006-08-31 | 2.86 |
| 2006-05-31 | 1.86 |
| 2006-02-28 | 2.17 |
| 2005-11-30 | 2.88 |
| 2005-08-31 | 2.42 |
| 2005-05-31 | 2.54 |
| 2005-02-28 | 3.03 |
| 2004-11-30 | 2.38 |
| 2004-08-31 | 2.53 |
| 2004-05-31 | 2.46 |
| 2004-02-29 | 2.08 |
| 2003-11-30 | 2.25 |
| 2003-08-31 | 3.96 |
| 2003-05-31 | 3.15 |
| 2003-02-28 | 4.08 |
| 2002-11-30 | 3.65 |
| 2002-08-31 | 3.56 |