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 1.96 is 56% below its 5-year average of 4.45, near the low end of its 5-year range (1.96–8.51).
As of the fiscal period ended Tuesday, March 31, 2026. 31.64% below its 12-month average of 2.86.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.96
QUICK RATIO (ACID-TEST) AVG TTM
2.86
QUICK RATIO (ACID-TEST) AVG 3Y
3.32
QUICK RATIO (ACID-TEST) AVG 5Y
4.45
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-31.64%
CURRENT VS 3Y AVG
-41.10%
CURRENT VS 5Y AVG
-55.99%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+23.81%
vs the sector median at left
Cloudflare, Inc.
Market Cap
$98.92B
Quick Ratio (Acid-Test)
1.96
TTM Avg
2.86
3Y Avg
3.32
5Y Avg
4.45
Market Cap
$101.65B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.52
3Y Avg
1.85
5Y Avg
2.69
Market Cap
$93.78B
Quick Ratio (Acid-Test)
2.67
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
Market Cap
$106.51B
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
Market Cap
$115.00B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.02
3Y Avg
1.05
5Y Avg
1.08
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | $98.92B | 1.96 | 2.86 | 3.32 | 4.45 |
| Adobe Inc. (ADBE)vs › | $99.54B | 1.00 | 1.04 | 1.13 | 1.15 |
| Accenture plc (ACN)vs › | $101.53B | 1.42 | 1.26 | 1.26 | 1.28 |
| Snowflake Inc. (SNOW)vs › | $101.65B | 1.30 | 1.52 | 1.85 | 2.69 |
| Datadog, Inc. (DDOG)vs › | $95.39B | 3.38 | 3.01 | 3.07 | 3.60 |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.78B | 2.67 | 2.71 | 1.93 | 1.85 |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 0.17 | 0.61 | 0.80 | 0.88 |
| Intuit Inc. (INTU)vs › | $86.46B | 1.36 | 1.33 | 1.38 | 1.62 |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 0.95 | 1.02 | 1.05 | 1.08 |
| Fortinet, Inc. (FTNT)vs › | $118.82B | 1.09 | 1.24 | 1.17 | 1.26 |
Quick Ratio
1.96
Excludes inventory
Current Ratio
1.98
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) |
|---|---|
| 2026-03-31 | 1.96 |
| 2025-12-31 | 1.98 |
| 2025-09-30 | 2.04 |
| 2025-06-30 | 5.14 |
| 2025-03-31 | 3.20 |
| 2024-12-31 | 2.86 |
| 2024-09-30 | 3.37 |
| 2024-06-30 | 3.51 |
| 2024-03-31 | 3.51 |
| 2023-12-31 | 3.50 |
| 2023-09-30 | 3.89 |
| 2023-06-30 | 3.84 |
| 2023-03-31 | 4.40 |
| 2022-12-31 | 4.74 |
| 2022-09-30 | 5.35 |
| 2022-06-30 | 5.45 |
| 2022-03-31 | 6.85 |
| 2021-12-31 | 6.77 |
| 2021-09-30 | 8.51 |
| 2021-06-30 | 5.72 |
| 2021-03-31 | 6.78 |
| 2020-12-31 | 7.99 |
| 2020-09-30 | 8.61 |
| 2020-06-30 | 9.38 |
| 2020-03-31 | 5.98 |
| 2019-12-31 | 8.22 |
| 2019-09-30 | 9.02 |
| 2019-06-30 | 2.14 |
| 2019-03-31 | 2.61 |
| 2018-12-31 | 3.21 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
