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 2.71 is 26% below its 5-year average of 3.65, near the low end of its 5-year range (2.62–4.92).
As of the fiscal period ended Tuesday, June 30, 2026. 15.88% below its 12-month average of 3.22.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.71.
QUICK RATIO (ACID-TEST)
2.71
QUICK RATIO (ACID-TEST) AVG TTM
3.22
QUICK RATIO (ACID-TEST) AVG 3Y
3.45
QUICK RATIO (ACID-TEST) AVG 5Y
3.65
QUICK RATIO (ACID-TEST) AVG 10Y
2.95
QUICK RATIO (ACID-TEST) AVG 15Y
2.40
QUICK RATIO (ACID-TEST) AVG 20Y
2.40
CURRENT VS TTM AVG
-15.88%
CURRENT VS 3Y AVG
-21.54%
CURRENT VS 5Y AVG
-25.83%
CURRENT VS 10Y AVG
-8.39%
CURRENT VS 15Y AVG
+12.63%
CURRENT VS 20Y AVG
+12.94%
SECTOR MEDIAN · HEALTHCARE
3.32
median of 859 covered companies
CURRENT VS SECTOR MEDIAN
-18.49%
vs the sector median at left
Market Cap
$36.28M
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.18
3Y Avg
0.60
5Y Avg
0.79
Market Cap
$36.51M
Quick Ratio (Acid-Test)
2.77
TTM Avg
2.09
3Y Avg
1.85
5Y Avg
2.65
Market Cap
$35.71M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.16
3Y Avg
0.31
5Y Avg
0.42
Market Cap
$37.09M
Quick Ratio (Acid-Test)
2.76
TTM Avg
5.79
3Y Avg
4.84
5Y Avg
5.49
Market Cap
$35.06M
Quick Ratio (Acid-Test)
7.07
TTM Avg
2.75
3Y Avg
16.37
5Y Avg
28.22
Market Cap
$37.83M
Quick Ratio (Acid-Test)
48.81
TTM Avg
25.84
3Y Avg
15.89
5Y Avg
15.79
Market Cap
$34.58M
Quick Ratio (Acid-Test)
11.47
TTM Avg
9.93
3Y Avg
10.68
5Y Avg
16.03
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nephros, Inc. (NEPH) | $36.37M | 2.71 | 3.22 | 3.45 | 3.65 |
| QT Imaging Holdings, Inc. (QTI)vs › | $36.28M | 2.06 | 1.18 | 0.60 | 0.79 |
| Elicio Therapeutics, Inc. (ELTX)vs › | $36.51M | 2.77 | 2.09 | 1.85 | 2.65 |
| DocGo Inc. (DCGO)vs › | $35.77M | 1.66 | 2.38 | 2.35 | 2.72 |
| EUDA Health Holdings Limited (EUDA)vs › | $35.71M | 0.18 | 0.16 | 0.31 | 0.42 |
| Edesa Biotech, Inc. (EDSA)vs › | $37.09M | 2.76 | 5.79 | 4.84 | 5.49 |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.06M | 7.07 | 2.75 | 16.37 | 28.22 |
| Incannex Healthcare Limited (IXHL)vs › | $37.83M | 48.81 | 25.84 | 15.89 | 15.79 |
| Grace Therapeutics, Inc. (GRCE)vs › | $34.58M | 11.47 | 9.93 | 10.68 | 16.03 |
| Elutia Inc (ELUT)vs › | $34.04M | 1.64 | 1.38 | 1.12 | 1.30 |
Quick Ratio
2.71
Excludes inventory
Current Ratio
4.07
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 | 2.71 |
| 2026-03-31 | 3.12 |
| 2025-12-31 | 2.89 |
| 2025-09-30 | 3.23 |
| 2025-06-30 | 4.14 |
| 2025-03-31 | 4.64 |
| 2024-12-31 | 3.64 |
| 2024-09-30 | 4.02 |
| 2024-06-30 | 2.62 |
| 2024-03-31 | 2.77 |
| 2023-12-31 | 2.81 |
| 2023-09-30 | 3.41 |
| 2023-06-30 | 4.84 |
| 2023-03-31 | 4.22 |
| 2022-12-31 | 3.62 |
| 2022-09-30 | 3.63 |
| 2022-06-30 | 3.06 |
| 2022-03-31 | 3.99 |
| 2021-12-31 | 3.84 |
| 2021-09-30 | 4.92 |
| 2021-06-30 | 4.49 |
| 2021-03-31 | 7.09 |
| 2020-12-31 | 7.43 |
| 2020-09-30 | 2.68 |
| 2020-06-30 | 3.00 |
| 2020-03-31 | 3.59 |
| 2019-12-31 | 2.36 |
| 2019-09-30 | 1.92 |
| 2019-06-30 | 1.86 |
| 2019-03-31 | 1.65 |
| 2018-12-31 | 2.38 |
| 2018-09-30 | 4.80 |
| 2018-06-30 | 3.17 |
| 2018-03-31 | 1.49 |
| 2017-12-31 | 1.68 |
| 2017-09-30 | 0.73 |
| 2017-06-30 | 1.03 |
| 2017-03-31 | 1.96 |
| 2016-12-31 | 0.88 |
| 2016-09-30 | 1.74 |
| 2016-06-30 | 1.68 |
| 2016-03-31 | 1.27 |
| 2015-12-31 | 1.95 |
| 2015-09-30 | 1.84 |
| 2015-06-30 | 1.02 |
| 2015-03-31 | 0.62 |
| 2014-12-31 | 1.20 |
| 2014-09-30 | 0.41 |
| 2014-06-30 | 0.24 |
| 2014-03-31 | 0.44 |
| 2013-12-31 | 0.24 |
| 2013-09-30 | 0.16 |
| 2013-06-30 | 0.43 |
| 2013-03-31 | 0.12 |
| 2012-12-31 | 0.32 |
| 2012-09-30 | 0.54 |
| 2012-06-30 | 0.81 |
| 2012-03-31 | 2.49 |
| 2011-12-31 | 1.15 |
| 2011-09-30 | 2.38 |
| 2011-06-30 | 4.24 |
| 2011-03-31 | 3.39 |
| 2010-12-31 | 0.52 |
| 2010-09-30 | 1.06 |
| 2010-06-30 | 1.25 |
| 2010-03-31 | 1.49 |
| 2009-12-31 | 2.55 |
| 2009-09-30 | 2.81 |
| 2009-06-30 | 1.38 |
| 2009-03-31 | 1.58 |
| 2008-12-31 | 1.92 |
| 2008-09-30 | 2.29 |
| 2008-06-30 | 2.47 |
| 2008-03-31 | 2.20 |
| 2007-12-31 | 6.74 |
| 2007-09-30 | 8.49 |
| 2007-06-30 | 0.54 |
| 2007-03-31 | 1.35 |
| 2006-12-31 | 2.20 |
| 2006-09-30 | 3.94 |
| 2006-06-30 | 5.44 |
| 2006-03-31 | 2.10 |
| 2005-12-31 | 3.19 |
| 2005-09-30 | 2.82 |
| 2005-06-30 | 3.42 |
| 2005-03-31 | 4.38 |
| 2004-12-31 | 4.05 |
| 2004-09-30 | 3.55 |
| 2004-06-30 | 1.44 |