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 4.68 is 20% below its 5-year average of 5.86, near the low end of its 5-year range (4.17–7.94).
As of the fiscal period ended Tuesday, March 31, 2026. 24.70% below its 12-month average of 6.22.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.68
QUICK RATIO (ACID-TEST) AVG TTM
6.22
QUICK RATIO (ACID-TEST) AVG 3Y
6.54
QUICK RATIO (ACID-TEST) AVG 5Y
5.86
QUICK RATIO (ACID-TEST) AVG 10Y
5.61
QUICK RATIO (ACID-TEST) AVG 15Y
5.74
QUICK RATIO (ACID-TEST) AVG 20Y
5.47
CURRENT VS TTM AVG
-24.70%
CURRENT VS 3Y AVG
-28.45%
CURRENT VS 5Y AVG
-20.11%
CURRENT VS 10Y AVG
-16.54%
CURRENT VS 15Y AVG
-18.41%
CURRENT VS 20Y AVG
-14.37%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+171.32%
vs the sector median at left
Onto Innovation Inc.
Market Cap
$14.31B
Quick Ratio (Acid-Test)
4.68
TTM Avg
6.22
3Y Avg
6.54
5Y Avg
5.86
Market Cap
$13.88B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.95
3Y Avg
1.88
5Y Avg
1.72
Market Cap
$13.36B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.25
3Y Avg
1.34
5Y Avg
1.47
Market Cap
$15.37B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.17
3Y Avg
2.32
5Y Avg
2.81
Market Cap
$12.98B
Quick Ratio (Acid-Test)
2.94
TTM Avg
2.22
3Y Avg
2.65
5Y Avg
2.57
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Onto Innovation Inc. (ONTO) | $14.31B | 4.68 | 6.22 | 6.54 | 5.86 |
| Trimble Inc. (TRMB)vs › | $13.94B | 0.88 | 1.06 | 1.00 | 0.93 |
| Amkor Technology, Inc. (AMKR)vs › | $13.88B | 1.91 | 1.95 | 1.88 | 1.72 |
| Nextpower Inc. (NXT)vs › | $14.93B | 2.46 | 2.03 | 1.77 | 1.57 |
| Juniper Networks, Inc. (JNPR)vs › | $13.36B | 1.16 | 1.25 | 1.34 | 1.47 |
| Dynatrace, Inc. (DT)vs › | $13.32B | N/A | 1.38 | 1.28 | 1.21 |
| Unity Software Inc. (U)vs › | $15.37B | N/A | 2.17 | 2.32 | 2.81 |
| Nova Ltd. (NVMI)vs › | $13.14B | 1.39 | 3.69 | 3.21 | 3.79 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $12.98B | 2.94 | 2.22 | 2.65 | 2.57 |
| Tyler Technologies, Inc. (TYL)vs › | $12.83B | N/A | 1.20 | 1.05 | 1.22 |
Quick Ratio
4.68
Excludes inventory
Current Ratio
6.15
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 | 4.68 |
| 2026-01-03 | 4.43 |
| 2025-09-27 | 7.89 |
| 2025-06-28 | 7.86 |
| 2025-03-29 | 6.74 |
| 2024-12-28 | 7.00 |
| 2024-09-28 | 7.94 |
| 2024-06-29 | 7.18 |
| 2024-03-30 | 6.82 |
| 2023-12-31 | 6.47 |
| 2023-09-30 | 6.45 |
| 2023-07-01 | 6.07 |
| 2023-04-01 | 5.50 |
| 2022-12-31 | 5.05 |
| 2022-10-01 | 4.81 |
| 2022-07-02 | 4.56 |
| 2022-04-02 | 4.17 |
| 2021-12-31 | 4.56 |
| 2021-09-25 | 4.46 |
| 2021-06-26 | 4.54 |
| 2021-03-27 | 4.38 |
| 2020-12-31 | 4.50 |
| 2020-09-26 | 5.06 |
| 2020-06-27 | 4.79 |
| 2020-03-28 | 4.96 |
| 2019-12-31 | 5.43 |
| 2019-09-28 | 5.88 |
| 2019-06-29 | 5.70 |
| 2019-03-30 | 5.71 |
| 2018-12-31 | 5.65 |
| 2018-09-29 | 6.03 |
| 2018-06-30 | 5.91 |
| 2018-03-31 | 5.44 |
| 2017-12-31 | 6.02 |
| 2017-09-30 | 5.35 |
| 2017-07-01 | 4.87 |
| 2017-04-01 | 6.11 |
| 2016-12-31 | 5.48 |
| 2016-09-24 | 4.26 |
| 2016-06-25 | 2.35 |
| 2016-03-26 | 2.30 |
| 2015-12-31 | 2.26 |
| 2015-09-26 | 2.21 |
| 2015-06-27 | 5.40 |
| 2015-03-28 | 5.72 |
| 2014-12-31 | 6.33 |
| 2014-09-27 | 6.59 |
| 2014-06-28 | 5.02 |
| 2014-03-29 | 6.42 |
| 2013-12-31 | 7.16 |
| 2013-09-28 | 6.49 |
| 2013-06-29 | 5.94 |
| 2013-03-30 | 6.23 |
| 2012-12-31 | 6.23 |
| 2012-09-29 | 4.74 |
| 2012-06-30 | 5.50 |
| 2012-03-31 | 6.78 |
| 2011-12-31 | 7.40 |
| 2011-10-01 | 8.81 |
| 2011-07-02 | 5.66 |
| 2011-04-02 | 5.26 |
| 2010-12-31 | 5.01 |
| 2010-10-02 | 4.43 |
| 2010-07-03 | 3.97 |
| 2010-04-03 | 3.80 |
| 2009-12-31 | 5.14 |
| 2009-09-26 | 5.44 |
| 2009-06-27 | 7.64 |
| 2009-03-28 | 7.23 |
| 2008-12-31 | 6.75 |
| 2008-09-27 | 5.08 |
| 2008-06-28 | 4.28 |
| 2008-03-29 | 3.77 |
| 2007-12-31 | 4.85 |
| 2007-09-29 | 9.37 |
| 2007-06-30 | 7.18 |
| 2007-03-31 | 6.13 |
| 2006-12-31 | 4.99 |
| 2006-09-30 | 3.99 |
| 2006-07-01 | 3.87 |
| 2006-04-01 | 4.24 |
| 2005-12-31 | 7.47 |
| 2005-10-01 | 6.53 |
| 2005-07-02 | 7.05 |
| 2005-04-02 | 6.37 |
| 2004-12-31 | 6.94 |
| 2004-10-02 | 5.93 |
| 2004-07-03 | 6.64 |
| 2004-04-03 | 6.51 |
| 2003-12-31 | 8.01 |
| 2003-09-30 | 7.47 |
| 2003-06-30 | 6.63 |
| 2003-03-31 | 5.69 |
| 2002-12-31 | 5.23 |
| 2002-09-30 | 5.12 |
| 2002-06-30 | 13.42 |
