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 1.51 is 12% above its 5-year average of 1.35, around the middle of its 5-year range (1.07–1.72).
As of the fiscal period ended Tuesday, June 30, 2026. 7.11% below its 12-month average of 1.63.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.51
QUICK RATIO (ACID-TEST) AVG TTM
1.63
QUICK RATIO (ACID-TEST) AVG 3Y
1.46
QUICK RATIO (ACID-TEST) AVG 5Y
1.35
QUICK RATIO (ACID-TEST) AVG 10Y
1.32
QUICK RATIO (ACID-TEST) AVG 15Y
1.42
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-7.11%
CURRENT VS 3Y AVG
+3.92%
CURRENT VS 5Y AVG
+11.82%
CURRENT VS 10Y AVG
+15.07%
CURRENT VS 15Y AVG
+6.31%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
1.46
median of 12 covered companies
CURRENT VS SECTOR MEDIAN
+3.34%
vs the sector median at left
News Corporation
Market Cap
$16.01B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.63
3Y Avg
1.46
5Y Avg
1.35
Market Cap
$15.06B
Quick Ratio (Acid-Test)
N/A
TTM Avg
8.20
3Y Avg
9.00
5Y Avg
9.96
Market Cap
$13.99B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.28
3Y Avg
1.19
5Y Avg
1.88
Market Cap
$20.56B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.35
3Y Avg
0.33
5Y Avg
0.34
Market Cap
$10.00B
Quick Ratio (Acid-Test)
0.88
TTM Avg
1.14
3Y Avg
1.15
5Y Avg
1.15
Market Cap
$8.69B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.98
3Y Avg
1.99
5Y Avg
1.84
Market Cap
$23.39B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.85
3Y Avg
0.86
5Y Avg
0.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| News Corporation (NWSA) | $16.01B | 1.51 | 1.63 | 1.46 | 1.35 |
| Pinterest, Inc. (PINS)vs › | $15.06B | N/A | 8.20 | 9.00 | 9.96 |
| TKO Group Holdings, Inc. (TKO)vs › | $13.99B | N/A | 1.28 | 1.19 | 1.88 |
| Charter Communications, Inc. (CHTR)vs › | $20.56B | N/A | 0.35 | 0.33 | 0.34 |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $10.00B | 0.88 | 1.14 | 1.15 | 1.15 |
| Roku, Inc. (ROKU)vs › | $22.71B | 2.77 | 2.58 | 2.54 | 2.90 |
| Snap Inc. (SNAP)vs › | $9.01B | N/A | 3.75 | 4.05 | 4.49 |
| Match Group, Inc. (MTCH)vs › | $8.69B | N/A | 1.98 | 1.99 | 1.84 |
| Omnicom Group Inc. (OMC)vs › | $23.39B | N/A | 0.85 | 0.86 | 0.88 |
| Zillow Group, Inc. Class C (Z)vs › | $8.08B | N/A | 2.97 | 5.63 | 4.73 |
Quick Ratio
1.51
Excludes inventory
Current Ratio
1.62
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 | 1.51 |
| 2026-03-31 | 1.59 |
| 2025-12-31 | 1.69 |
| 2025-09-30 | 1.63 |
| 2025-06-30 | 1.72 |
| 2025-03-31 | 1.60 |
| 2024-12-31 | 1.65 |
| 2024-09-30 | 1.26 |
| 2024-06-30 | 1.33 |
| 2024-03-31 | 1.25 |
| 2023-12-31 | 1.33 |
| 2023-09-30 | 1.18 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.15 |
| 2022-12-31 | 1.17 |
| 2022-09-30 | 1.12 |
| 2022-06-30 | 1.07 |
| 2022-03-31 | 1.09 |
| 2021-12-31 | 1.35 |
| 2021-09-30 | 1.24 |
| 2021-06-30 | 1.30 |
| 2021-03-31 | 1.17 |
| 2020-12-31 | 1.19 |
| 2020-09-30 | 1.18 |
| 2020-06-30 | 1.16 |
| 2020-03-31 | 1.26 |
| 2019-12-31 | 1.23 |
| 2019-09-30 | 0.97 |
| 2019-06-30 | 1.11 |
| 2019-03-31 | 1.04 |
| 2018-12-31 | 1.09 |
| 2018-09-30 | 1.15 |
| 2018-06-30 | 1.22 |
| 2018-03-31 | 1.52 |
| 2017-12-31 | 1.54 |
| 2017-09-30 | 1.47 |
| 2017-06-30 | 1.47 |
| 2017-03-31 | 1.44 |
| 2016-12-31 | 1.45 |
| 2016-09-30 | 1.35 |
| 2016-06-30 | 1.50 |
| 2016-03-31 | 1.34 |
| 2015-12-31 | 1.69 |
| 2015-09-30 | 1.66 |
| 2015-06-30 | 1.76 |
| 2015-03-31 | 1.64 |
| 2014-12-31 | 1.62 |
| 2014-09-30 | 1.99 |
| 2014-06-30 | 2.19 |
| 2014-03-31 | 2.00 |
| 2013-12-31 | 2.11 |
| 2013-09-30 | 1.87 |
| 2013-06-30 | 2.00 |
| 2013-03-31 | 1.54 |
| 2012-12-31 | 1.37 |
| 2012-09-30 | 1.28 |
| 2012-06-30 | 1.16 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |