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 2.34 is 150% above its 5-year average of 0.94, near the high end of its 5-year range (0.62–2.42).
As of the fiscal period ended Tuesday, June 30, 2026. 19.17% above its 12-month average of 1.96.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 2.34.
QUICK RATIO (ACID-TEST)
2.34
QUICK RATIO (ACID-TEST) AVG TTM
1.96
QUICK RATIO (ACID-TEST) AVG 3Y
1.20
QUICK RATIO (ACID-TEST) AVG 5Y
0.94
QUICK RATIO (ACID-TEST) AVG 10Y
0.93
QUICK RATIO (ACID-TEST) AVG 15Y
1.00
QUICK RATIO (ACID-TEST) AVG 20Y
1.10
CURRENT VS TTM AVG
+19.17%
CURRENT VS 3Y AVG
+95.08%
CURRENT VS 5Y AVG
+149.58%
CURRENT VS 10Y AVG
+151.24%
CURRENT VS 15Y AVG
+133.89%
CURRENT VS 20Y AVG
+111.98%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+35.27%
vs the sector median at left
OSI Systems, Inc.
Market Cap
$3.27B
Quick Ratio (Acid-Test)
2.34
TTM Avg
1.96
3Y Avg
1.20
5Y Avg
0.94
Market Cap
$3.28B
Quick Ratio (Acid-Test)
1.25
TTM Avg
1.82
3Y Avg
1.75
5Y Avg
1.74
Market Cap
$3.29B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.95
3Y Avg
1.87
5Y Avg
1.67
Market Cap
$3.21B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.78
3Y Avg
0.76
5Y Avg
0.82
Market Cap
$3.40B
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.95
3Y Avg
2.46
5Y Avg
2.47
Market Cap
$3.13B
Quick Ratio (Acid-Test)
21.09
TTM Avg
4.85
3Y Avg
4.88
5Y Avg
8.73
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| OSI Systems, Inc. (OSIS) | $3.27B | 2.34 | 1.96 | 1.20 | 0.94 |
| Ultra Clean Holdings, Inc. (UCTT)vs › | $3.28B | 1.25 | 1.82 | 1.75 | 1.74 |
| Penguin Solutions, Inc. (PENG)vs › | $3.29B | 1.10 | 1.95 | 1.87 | 1.67 |
| Ouster, Inc. (OUST)vs › | $3.24B | 3.79 | 3.09 | 3.49 | 3.96 |
| Extreme Networks, Inc. (EXTR)vs › | $3.21B | 0.81 | 0.78 | 0.76 | 0.82 |
| Life360, Inc. (LIF)vs › | $3.35B | 5.46 | 4.58 | 3.12 | 3.78 |
| Bel Fuse Inc. (BELFB)vs › | $3.15B | 3.20 | 1.69 | 1.78 | 1.81 |
| Veeco Instruments Inc. (VECO)vs › | $3.40B | 2.69 | 2.95 | 2.46 | 2.47 |
| Navitas Semiconductor Corp (NVTS)vs › | $3.13B | 21.09 | 4.85 | 4.88 | 8.73 |
| Ionic Digital Inc. Class A (IOND)vs › | $3.11B | 24.39 | 13.78 | 18.95 | 18.95 |
Quick Ratio
2.34
Excludes inventory
Current Ratio
3.15
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) |
|---|---|
| 2026-06-30 | 2.34 |
| 2026-03-31 | 2.42 |
| 2025-12-31 | 2.31 |
| 2025-09-30 | 1.29 |
| 2025-06-30 | 1.46 |
| 2025-03-31 | 1.38 |
| 2024-12-31 | 1.25 |
| 2024-09-30 | 1.20 |
| 2024-06-30 | 1.00 |
| 2024-03-31 | 0.89 |
| 2023-12-31 | 0.80 |
| 2023-09-30 | 0.74 |
| 2023-06-30 | 0.88 |
| 2023-03-31 | 0.74 |
| 2022-12-31 | 0.75 |
| 2022-09-30 | 0.73 |
| 2022-06-30 | 0.67 |
| 2022-03-31 | 0.64 |
| 2021-12-31 | 0.63 |
| 2021-09-30 | 0.62 |
| 2021-06-30 | 1.20 |
| 2021-03-31 | 1.16 |
| 2020-12-31 | 1.10 |
| 2020-09-30 | 1.08 |
| 2020-06-30 | 1.14 |
| 2020-03-31 | 1.06 |
| 2019-12-31 | 1.03 |
| 2019-09-30 | 0.93 |
| 2019-06-30 | 0.96 |
| 2019-03-31 | 0.85 |
| 2018-12-31 | 0.78 |
| 2018-09-30 | 0.70 |
| 2018-06-30 | 0.76 |
| 2018-03-31 | 0.85 |
| 2017-12-31 | 0.96 |
| 2017-09-30 | 0.93 |
| 2017-06-30 | 1.17 |
| 2017-03-31 | 1.12 |
| 2016-12-31 | 0.60 |
| 2016-09-30 | 0.58 |
| 2016-06-30 | 0.77 |
| 2016-03-31 | 0.87 |
| 2015-12-31 | 1.07 |
| 2015-09-30 | 1.09 |
| 2015-06-30 | 1.25 |
| 2015-03-31 | 1.11 |
| 2014-12-31 | 1.05 |
| 2014-09-30 | 0.99 |
| 2014-06-30 | 1.11 |
| 2014-03-31 | 1.04 |
| 2013-12-31 | 1.00 |
| 2013-09-30 | 1.04 |
| 2013-06-30 | 1.14 |
| 2013-03-31 | 1.07 |
| 2012-12-31 | 1.18 |
| 2012-09-30 | 1.43 |
| 2012-06-30 | 1.79 |
| 2012-03-31 | 1.83 |
| 2011-12-31 | 1.32 |
| 2011-09-30 | 1.42 |
| 2011-06-30 | 1.46 |
| 2011-03-31 | 1.35 |
| 2010-12-31 | 1.35 |
| 2010-09-30 | 1.51 |
| 2010-06-30 | 1.54 |
| 2010-03-31 | 1.56 |
| 2009-12-31 | 1.51 |
| 2009-09-30 | 1.33 |
| 2009-06-30 | 1.27 |
| 2009-03-31 | 1.21 |
| 2008-12-31 | 1.20 |
| 2008-09-30 | 1.28 |
| 2008-06-30 | 1.31 |
| 2008-03-31 | 1.20 |
| 2007-12-31 | 1.14 |
| 2007-09-30 | 1.33 |
| 2007-06-30 | 1.25 |
| 2007-03-31 | 1.34 |
| 2006-12-31 | 1.26 |
| 2006-09-30 | 1.16 |
| 2006-06-30 | 1.34 |
| 2006-03-31 | 1.42 |
| 2005-12-31 | 1.46 |
| 2005-09-30 | 1.09 |
| 2005-06-30 | 1.15 |
| 2005-03-31 | 1.21 |
| 2004-12-31 | 1.52 |
| 2004-09-30 | 1.51 |
| 2004-06-30 | 1.47 |
| 2004-03-31 | 1.50 |
| 2003-12-31 | 3.10 |
| 2003-09-30 | 3.43 |
| 2003-06-30 | 3.21 |
| 2003-03-31 | 2.47 |
| 2002-12-31 | 2.64 |
| 2002-09-30 | 2.69 |