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 1.39 is in line with its 5-year average of 1.29, around the middle of its 5-year range (0.84–1.78).
As of the fiscal period ended Friday, April 24, 2026. 6.30% above its 12-month average of 1.31.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.39
QUICK RATIO (ACID-TEST) AVG TTM
1.31
QUICK RATIO (ACID-TEST) AVG 3Y
1.15
QUICK RATIO (ACID-TEST) AVG 5Y
1.26
QUICK RATIO (ACID-TEST) AVG 10Y
1.44
QUICK RATIO (ACID-TEST) AVG 15Y
1.73
QUICK RATIO (ACID-TEST) AVG 20Y
1.83
CURRENT VS TTM AVG
+6.30%
CURRENT VS 3Y AVG
+20.36%
CURRENT VS 5Y AVG
+9.86%
CURRENT VS 10Y AVG
-3.55%
CURRENT VS 15Y AVG
-19.99%
CURRENT VS 20Y AVG
-23.99%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-12.20%
vs the sector median at left
Market Cap
$33.10B
Quick Ratio (Acid-Test)
4.89
TTM Avg
4.70
3Y Avg
4.39
5Y Avg
4.08
Market Cap
$31.76B
Quick Ratio (Acid-Test)
2.98
TTM Avg
3.18
3Y Avg
2.52
5Y Avg
2.14
Market Cap
$38.60B
Quick Ratio (Acid-Test)
8.88
TTM Avg
8.88
3Y Avg
8.66
5Y Avg
9.31
Market Cap
$39.16B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.43
3Y Avg
0.45
5Y Avg
0.45
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetApp, Inc. (NTAP) | $35.03B | 1.39 | 1.31 | 1.15 | 1.26 |
| Ubiquiti Inc. (UI)vs › | $33.68B | 0.70 | 1.15 | 1.17 | 1.24 |
| Veeva Systems Inc. (VEEV)vs › | $33.10B | 4.89 | 4.70 | 4.39 | 4.08 |
| Jabil Inc. (JBL)vs › | $33.01B | 0.66 | 0.69 | 0.68 | 0.66 |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 3.01 | 2.65 | 3.06 | 3.33 |
| Celestica Inc. (CLS)vs › | $38.11B | 0.88 | 0.90 | 0.80 | 0.83 |
| ON Semiconductor Corporation (ON)vs › | $31.76B | 2.98 | 3.18 | 2.52 | 2.14 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $38.60B | 8.88 | 8.88 | 8.66 | 9.31 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.16B | 0.46 | 0.43 | 0.45 | 0.45 |
| Strategy Inc (MSTR)vs › | $30.86B | 5.62 | 3.17 | 2.00 | 1.63 |
Quick Ratio
1.39
Excludes inventory
Current Ratio
1.44
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) |
|---|---|
| 2026-04-24 | 1.39 |
| 2026-01-23 | 1.34 |
| 2025-10-24 | 1.30 |
| 2025-07-25 | 1.28 |
| 2025-04-30 | 1.22 |
| 2025-01-24 | 0.87 |
| 2024-10-25 | 0.84 |
| 2024-07-26 | 0.91 |
| 2024-04-30 | 1.15 |
| 2024-01-26 | 1.11 |
| 2023-10-27 | 1.04 |
| 2023-07-28 | 1.24 |
| 2023-04-30 | 1.30 |
| 2023-01-27 | 1.29 |
| 2022-10-28 | 1.28 |
| 2022-07-29 | 1.31 |
| 2022-04-30 | 1.45 |
| 2022-01-28 | 1.51 |
| 2021-10-29 | 1.73 |
| 2021-07-30 | 1.78 |
| 2021-04-30 | 1.71 |
| 2021-01-29 | 1.64 |
| 2020-10-30 | 1.61 |
| 2020-07-31 | 1.57 |
| 2020-04-30 | 1.14 |
| 2020-01-24 | 1.16 |
| 2019-10-25 | 1.27 |
| 2019-07-26 | 1.39 |
| 2019-04-30 | 1.42 |
| 2019-01-25 | 1.53 |
| 2018-10-26 | 1.63 |
| 2018-07-27 | 2.03 |
| 2018-04-30 | 1.86 |
| 2018-01-26 | 1.88 |
| 2017-10-27 | 1.64 |
| 2017-07-28 | 1.44 |
| 2017-04-30 | 1.49 |
| 2017-01-27 | 1.44 |
| 2016-10-28 | 2.03 |
| 2016-07-29 | 2.04 |
| 2016-04-30 | 1.73 |
| 2016-01-29 | 2.41 |
| 2015-10-30 | 2.43 |
| 2015-07-31 | 2.39 |
| 2015-04-30 | 2.45 |
| 2015-01-23 | 2.58 |
| 2014-10-24 | 2.56 |
| 2014-07-25 | 2.77 |
| 2014-04-30 | 2.36 |
| 2014-01-24 | 2.52 |
| 2013-10-25 | 2.62 |
| 2013-07-26 | 2.61 |
| 2013-04-30 | 2.16 |
| 2013-01-25 | 2.18 |
| 2012-10-26 | 1.87 |
| 2012-07-27 | 1.89 |
| 2012-04-30 | 1.89 |
| 2012-01-27 | 2.79 |
| 2011-10-28 | 2.67 |
| 2011-07-29 | 1.80 |
| 2011-04-30 | 1.86 |
| 2011-01-28 | 2.83 |
| 2010-10-29 | 2.75 |
| 2010-07-30 | 2.70 |
| 2010-04-30 | 2.32 |
| 2010-01-29 | 2.35 |
| 2009-10-30 | 2.29 |
| 2009-07-31 | 2.24 |
| 2009-04-30 | 2.01 |
| 2009-01-23 | 1.97 |
| 2008-10-24 | 2.12 |
| 2008-07-25 | 2.07 |
| 2008-04-30 | 1.41 |
| 2008-01-25 | 1.52 |
| 2007-10-26 | 1.51 |
| 2007-07-27 | 1.89 |
| 2007-04-30 | 1.84 |
| 2007-01-26 | 1.84 |
| 2006-10-27 | 2.13 |
| 2006-07-28 | 2.11 |
| 2006-04-30 | 2.15 |
| 2006-01-27 | 2.41 |
| 2005-10-28 | 2.61 |
| 2005-07-29 | 3.07 |
| 2005-04-30 | 2.95 |
| 2005-01-28 | 3.14 |
| 2004-10-29 | 3.07 |
| 2004-07-30 | 3.14 |
| 2004-04-30 | 3.07 |
| 2004-01-30 | 3.59 |
| 2003-10-31 | 3.46 |
| 2003-08-01 | 3.24 |
| 2003-04-30 | 3.10 |
| 2003-01-24 | 2.81 |
| 2002-10-25 | 3.02 |
| 2002-07-26 | 3.16 |