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 0.81 is 31% below its 5-year average of 1.17, near the low end of its 5-year range (0.69–2.31).
As of the fiscal period ended Tuesday, June 30, 2026. 6.95% below its 12-month average of 0.87.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 0.81.
QUICK RATIO (ACID-TEST)
0.81
QUICK RATIO (ACID-TEST) AVG TTM
0.87
QUICK RATIO (ACID-TEST) AVG 3Y
0.82
QUICK RATIO (ACID-TEST) AVG 5Y
1.17
QUICK RATIO (ACID-TEST) AVG 10Y
1.23
QUICK RATIO (ACID-TEST) AVG 15Y
1.31
QUICK RATIO (ACID-TEST) AVG 20Y
1.29
CURRENT VS TTM AVG
-6.95%
CURRENT VS 3Y AVG
-2.03%
CURRENT VS 5Y AVG
-30.86%
CURRENT VS 10Y AVG
-34.28%
CURRENT VS 15Y AVG
-38.38%
CURRENT VS 20Y AVG
-37.30%
SECTOR MEDIAN · TECHNOLOGY
1.71
median of 572 covered companies
CURRENT VS SECTOR MEDIAN
-52.93%
vs the sector median at left
Open Text Corporation
Market Cap
$5.51B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.87
3Y Avg
0.82
5Y Avg
1.17
Market Cap
$5.44B
Quick Ratio (Acid-Test)
1.24
TTM Avg
2.65
3Y Avg
2.39
5Y Avg
2.24
Market Cap
$5.42B
Quick Ratio (Acid-Test)
0.89
TTM Avg
3.93
3Y Avg
2.13
5Y Avg
1.99
Market Cap
$5.62B
Quick Ratio (Acid-Test)
1.65
TTM Avg
1.58
3Y Avg
2.37
5Y Avg
2.69
Market Cap
$5.37B
Quick Ratio (Acid-Test)
1.03
TTM Avg
1.00
3Y Avg
1.00
5Y Avg
1.00
Market Cap
$5.33B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.01
3Y Avg
0.98
5Y Avg
0.94
Market Cap
$5.70B
Quick Ratio (Acid-Test)
1.06
TTM Avg
1.28
3Y Avg
1.48
5Y Avg
1.63
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Open Text Corporation (OTEX) | $5.51B | 0.81 | 0.87 | 0.82 | 1.17 |
| ExlService Holdings, Inc. (EXLS)vs › | $5.44B | 1.24 | 2.65 | 2.39 | 2.24 |
| Core Scientific, Inc. (CORZ)vs › | $5.42B | 0.89 | 3.93 | 2.13 | 1.99 |
| Novanta Inc. (NOVT)vs › | $5.39B | 3.79 | 2.26 | 1.99 | 1.86 |
| Varonis Systems, Inc. (VRNS)vs › | $5.62B | 1.65 | 1.58 | 2.37 | 2.69 |
| Octave Intelligence plc (OCTV)vs › | $5.37B | 1.03 | 1.00 | 1.00 | 1.00 |
| Science Applications International Corporation (SAIC)vs › | $5.33B | 1.20 | 1.01 | 0.98 | 0.94 |
| Pegasystems Inc. (PEGA)vs › | $5.70B | 1.06 | 1.28 | 1.48 | 1.63 |
| Genpact Limited (G)vs › | $5.71B | 2.00 | 1.91 | 1.72 | 1.63 |
| EPAM Systems, Inc. (EPAM)vs › | $5.73B | 2.75 | 2.77 | 3.51 | 3.52 |
Quick Ratio
0.81
Excludes inventory
Current Ratio
0.81
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 | 0.81 |
| 2026-03-31 | 0.92 |
| 2025-12-31 | 0.94 |
| 2025-09-30 | 0.87 |
| 2025-06-30 | 0.80 |
| 2025-03-31 | 0.86 |
| 2024-12-31 | 0.87 |
| 2024-09-30 | 0.79 |
| 2024-06-30 | 0.81 |
| 2024-03-31 | 1.40 |
| 2023-12-31 | 1.38 |
| 2023-09-30 | 0.69 |
| 2023-06-30 | 0.71 |
| 2023-03-31 | 0.70 |
| 2022-12-31 | 2.31 |
| 2022-09-30 | 1.42 |
| 2022-06-30 | 1.56 |
| 2022-03-31 | 1.57 |
| 2021-12-31 | 1.61 |
| 2021-09-30 | 1.88 |
| 2021-06-30 | 1.62 |
| 2021-03-31 | 1.54 |
| 2020-12-31 | 1.39 |
| 2020-09-30 | 1.37 |
| 2020-06-30 | 1.25 |
| 2020-03-31 | 1.14 |
| 2019-12-31 | 0.62 |
| 2019-09-30 | 1.62 |
| 2019-06-30 | 1.54 |
| 2019-03-31 | 1.38 |
| 2018-12-31 | 1.33 |
| 2018-09-30 | 1.51 |
| 2018-06-30 | 1.33 |
| 2018-03-31 | 0.98 |
| 2017-12-31 | 0.86 |
| 2017-09-30 | 0.74 |
| 2017-06-30 | 0.89 |
| 2017-03-31 | 0.81 |
| 2016-12-31 | 3.29 |
| 2016-09-30 | 1.83 |
| 2016-06-30 | 2.49 |
| 2016-03-31 | 2.06 |
| 2015-12-31 | 2.01 |
| 2015-09-30 | 1.94 |
| 2015-06-30 | 1.71 |
| 2015-03-31 | 1.66 |
| 2014-12-31 | 1.60 |
| 2014-09-30 | 1.43 |
| 2014-06-30 | 1.27 |
| 2014-03-31 | 1.10 |
| 2013-12-31 | 1.53 |
| 2013-09-30 | 1.39 |
| 2013-06-30 | 1.36 |
| 2013-03-31 | 1.28 |
| 2012-12-31 | 1.29 |
| 2012-09-30 | 1.09 |
| 2012-06-30 | 1.66 |
| 2012-03-31 | 1.59 |
| 2011-12-31 | 1.54 |
| 2011-09-30 | 0.73 |
| 2011-06-30 | 1.24 |
| 2011-03-31 | 1.07 |
| 2010-12-31 | 1.44 |
| 2010-09-30 | 1.40 |
| 2010-06-30 | 1.28 |
| 2010-03-31 | 1.41 |
| 2009-12-31 | 1.38 |
| 2009-09-30 | 1.22 |
| 2009-06-30 | 1.35 |
| 2009-03-31 | 1.21 |
| 2008-12-31 | 1.11 |
| 2008-09-30 | 1.59 |
| 2008-06-30 | 1.44 |
| 2008-03-31 | 1.46 |
| 2007-12-31 | 1.36 |
| 2007-09-30 | 1.32 |
| 2007-06-30 | 1.24 |
| 2007-03-31 | 1.13 |
| 2006-12-31 | 1.16 |
| 2006-09-30 | 1.59 |
| 2006-06-30 | 1.47 |
| 2006-03-31 | 1.49 |
| 2005-12-31 | 1.32 |
| 2005-09-30 | 1.16 |
| 2005-06-30 | 1.18 |
| 2005-03-31 | 1.34 |
| 2004-12-31 | 1.43 |
| 2004-09-30 | 1.37 |
| 2004-06-30 | 1.62 |
| 2004-03-31 | 1.57 |
| 2003-12-31 | 1.50 |
| 2003-09-30 | 2.62 |
| 2003-06-30 | 2.36 |
| 2003-03-31 | 2.18 |
| 2002-12-31 | 2.57 |
| 2002-09-30 | 3.23 |