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 3.44 is 25% above its 5-year average of 2.76, near the high end of its 5-year range (2.12–3.44).
As of the fiscal period ended Tuesday, June 30, 2026. 2.63% above its 12-month average of 3.36.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.44.
QUICK RATIO (ACID-TEST)
3.44
QUICK RATIO (ACID-TEST) AVG TTM
3.36
QUICK RATIO (ACID-TEST) AVG 3Y
3.08
QUICK RATIO (ACID-TEST) AVG 5Y
2.76
QUICK RATIO (ACID-TEST) AVG 10Y
2.55
QUICK RATIO (ACID-TEST) AVG 15Y
3.31
QUICK RATIO (ACID-TEST) AVG 20Y
3.96
CURRENT VS TTM AVG
+2.63%
CURRENT VS 3Y AVG
+11.73%
CURRENT VS 5Y AVG
+24.67%
CURRENT VS 10Y AVG
+34.99%
CURRENT VS 15Y AVG
+4.16%
CURRENT VS 20Y AVG
-12.99%
SECTOR MEDIAN · TECHNOLOGY
1.62
median of 225 covered companies
CURRENT VS SECTOR MEDIAN
+112.60%
vs the sector median at left
Market Cap
$74.27B
Quick Ratio (Acid-Test)
0.86
TTM Avg
1.00
3Y Avg
0.94
5Y Avg
1.00
Market Cap
$70.73B
Quick Ratio (Acid-Test)
3.62
TTM Avg
4.13
3Y Avg
4.51
5Y Avg
4.42
Market Cap
$65.94B
Quick Ratio (Acid-Test)
1.52
TTM Avg
1.46
3Y Avg
1.63
5Y Avg
2.07
Market Cap
$65.73B
Quick Ratio (Acid-Test)
1.62
TTM Avg
2.02
3Y Avg
2.08
5Y Avg
2.18
Market Cap
$65.53B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.95
3Y Avg
1.93
5Y Avg
1.91
Market Cap
$84.45B
Quick Ratio (Acid-Test)
1.40
TTM Avg
2.29
3Y Avg
3.19
5Y Avg
3.36
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetEase, Inc. (NTES) | $74.83B | 3.44 | 3.36 | 3.08 | 2.76 |
| Motorola Solutions, Inc. (MSI)vs › | $74.27B | 0.86 | 1.00 | 0.94 | 1.00 |
| Intuit Inc. (INTU)vs › | $76.89B | 1.51 | 1.44 | 1.41 | 1.49 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $70.73B | 3.62 | 4.13 | 4.51 | 4.42 |
| Teradyne, Inc. (TER)vs › | $70.20B | 1.76 | 1.63 | 1.81 | 2.08 |
| Coherent, Inc. (COHR)vs › | $65.94B | 1.52 | 1.46 | 1.63 | 2.07 |
| Keysight Technologies, Inc. (KEYS)vs › | $65.73B | 1.62 | 2.02 | 2.08 | 2.18 |
| United Microelectronics Corporation (UMC)vs › | $65.53B | 1.81 | 1.95 | 1.93 | 1.91 |
| Lumentum Holdings Inc. (LITE)vs › | $84.45B | 1.40 | 2.29 | 3.19 | 3.36 |
| TE Connectivity plc (TEL)vs › | $63.89B | 1.23 | 1.06 | 1.07 | 1.06 |
Quick Ratio
3.44
Excludes inventory
Current Ratio
3.45
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 | 3.44 |
| 2026-03-31 | 3.28 |
| 2025-12-31 | 3.44 |
| 2025-09-30 | 3.41 |
| 2025-06-30 | 3.22 |
| 2025-03-31 | 3.20 |
| 2024-12-31 | 3.08 |
| 2024-09-30 | 3.06 |
| 2024-06-30 | 3.00 |
| 2024-03-31 | 2.52 |
| 2023-12-31 | 2.64 |
| 2023-09-30 | 2.89 |
| 2023-06-30 | 2.91 |
| 2023-03-31 | 2.31 |
| 2022-12-31 | 2.30 |
| 2022-09-30 | 2.29 |
| 2022-06-30 | 2.21 |
| 2022-03-31 | 2.28 |
| 2021-12-31 | 2.22 |
| 2021-09-30 | 2.20 |
| 2021-06-30 | 2.12 |
| 2021-03-31 | 2.26 |
| 2020-12-31 | 2.29 |
| 2020-09-30 | 2.41 |
| 2020-06-30 | 2.45 |
| 2020-03-31 | 2.07 |
| 2019-12-31 | 2.21 |
| 2019-09-30 | 2.37 |
| 2019-06-30 | 2.04 |
| 2019-03-31 | 1.86 |
| 2018-12-31 | 1.93 |
| 2018-09-30 | 1.71 |
| 2018-06-30 | 1.91 |
| 2018-03-31 | 2.09 |
| 2017-12-31 | 2.38 |
| 2017-09-30 | 2.93 |
| 2017-06-30 | 2.85 |
| 2017-03-31 | 2.68 |
| 2016-12-31 | 2.49 |
| 2016-09-30 | 2.78 |
| 2016-06-30 | 2.88 |
| 2016-03-31 | 3.01 |
| 2015-12-31 | 2.88 |
| 2015-09-30 | 3.36 |
| 2015-06-30 | 3.46 |
| 2015-03-31 | 4.39 |
| 2014-12-31 | 4.10 |
| 2014-09-30 | 4.31 |
| 2014-06-30 | 4.25 |
| 2014-03-31 | 4.37 |
| 2013-12-31 | 4.59 |
| 2013-09-30 | 5.37 |
| 2013-06-30 | 5.13 |
| 2013-03-31 | 4.78 |
| 2012-12-31 | 5.00 |
| 2012-09-30 | 6.70 |
| 2012-06-30 | 6.64 |
| 2012-03-31 | 6.21 |
| 2011-12-31 | 6.34 |
| 2011-09-30 | 5.98 |
| 2011-06-30 | 6.23 |
| 2011-03-31 | 6.12 |
| 2010-12-31 | 5.38 |
| 2010-09-30 | 5.87 |
| 2010-06-30 | 6.17 |
| 2010-03-31 | 6.34 |
| 2009-12-31 | 5.79 |
| 2009-09-30 | 6.46 |
| 2009-06-30 | 6.65 |
| 2009-03-31 | 7.64 |
| 2008-12-31 | 7.20 |
| 2008-09-30 | 6.26 |
| 2008-06-30 | 4.17 |
| 2008-03-31 | 3.51 |
| 2007-12-31 | 3.47 |
| 2007-09-30 | 3.17 |
| 2007-06-30 | 5.49 |
| 2007-03-31 | 7.45 |
| 2006-12-31 | 6.10 |
| 2006-09-30 | 7.95 |
| 2006-06-30 | 7.71 |
| 2006-03-31 | 7.70 |
| 2005-12-31 | 8.41 |
| 2005-09-30 | 6.68 |
| 2005-06-30 | 8.28 |
| 2005-03-31 | 7.86 |
| 2004-12-31 | 9.19 |
| 2004-09-30 | 9.28 |
| 2004-06-01 | 9.96 |
| 2004-03-31 | 10.64 |
| 2003-12-31 | 22.28 |
| 2003-09-30 | 19.60 |
| 2003-06-30 | 15.08 |
| 2003-03-31 | 14.77 |
| 2002-12-31 | 15.26 |
| 2002-09-30 | 14.34 |