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 0.63 is 38% below its 5-year average of 1.02, near the low end of its 5-year range (0.26–4.09).
As of the fiscal period ended Tuesday, June 30, 2026. 43.07% above its 12-month average of 0.44.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.63.
QUICK RATIO (ACID-TEST)
0.63
QUICK RATIO (ACID-TEST) AVG TTM
0.44
QUICK RATIO (ACID-TEST) AVG 3Y
0.51
QUICK RATIO (ACID-TEST) AVG 5Y
1.02
QUICK RATIO (ACID-TEST) AVG 10Y
0.69
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+43.07%
CURRENT VS 3Y AVG
+22.97%
CURRENT VS 5Y AVG
-38.01%
CURRENT VS 10Y AVG
-8.99%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-81.13%
vs the sector median at left
Outlook Therapeutics, Inc.
Market Cap
$108.07M
Quick Ratio (Acid-Test)
0.63
TTM Avg
0.44
3Y Avg
0.51
5Y Avg
1.02
Market Cap
$101.98M
Quick Ratio (Acid-Test)
12.63
TTM Avg
12.83
3Y Avg
15.22
5Y Avg
15.22
Market Cap
$108.66M
Quick Ratio (Acid-Test)
3.25
TTM Avg
3.06
3Y Avg
4.28
5Y Avg
3.23
Market Cap
$106.83M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.94
3Y Avg
1.06
5Y Avg
1.28
Market Cap
$106.66M
Quick Ratio (Acid-Test)
5.05
TTM Avg
1.26
3Y Avg
3.46
5Y Avg
6.50
Market Cap
$109.70M
Quick Ratio (Acid-Test)
4.53
TTM Avg
4.41
3Y Avg
4.05
5Y Avg
4.51
Market Cap
$106.35M
Quick Ratio (Acid-Test)
5.71
TTM Avg
10.50
3Y Avg
6.63
5Y Avg
5.88
Market Cap
$105.04M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.97
3Y Avg
2.28
5Y Avg
2.24
Market Cap
$105.15M
Quick Ratio (Acid-Test)
7.28
TTM Avg
6.67
3Y Avg
7.13
5Y Avg
10.02
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Outlook Therapeutics, Inc. (OTLK) | $108.07M | 0.63 | 0.44 | 0.51 | 1.02 |
| Aardvark Therapeutics, Inc. Common Stock (AARD)vs › | $101.98M | 12.63 | 12.83 | 15.22 | 15.22 |
| Vivani Medical, Inc. (VANI)vs › | $108.66M | 3.25 | 3.06 | 4.28 | 3.23 |
| Cumberland Pharmaceuticals Inc. (CPIX)vs › | $106.83M | 0.96 | 0.94 | 1.06 | 1.28 |
| Immunic, Inc. (IMUX)vs › | $106.66M | 5.05 | 1.26 | 3.46 | 6.50 |
| Apyx Medical Corporation (APYX)vs › | $109.70M | 4.53 | 4.41 | 4.05 | 4.51 |
| Corbus Pharmaceuticals Holdings, Inc. (CRBP)vs › | $106.35M | 5.71 | 10.50 | 6.63 | 5.88 |
| Definitive Healthcare Corp. (DH)vs › | $105.04M | 1.86 | 1.97 | 2.28 | 2.24 |
| Black Diamond Therapeutics, Inc. (BDTX)vs › | $105.15M | 7.28 | 6.67 | 7.13 | 10.02 |
| Polaryx Therapeutics, Inc. Common Stock (PLYX)vs › | $104.67M | 13.53 | 12.93 | 9.36 | 9.36 |
Quick Ratio
0.63
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 | 0.63 |
| 2026-03-31 | 0.45 |
| 2025-12-31 | 0.28 |
| 2025-09-30 | 0.31 |
| 2025-06-30 | 0.54 |
| 2025-03-31 | 0.57 |
| 2024-12-31 | 0.26 |
| 2024-09-30 | 0.64 |
| 2024-06-30 | 1.07 |
| 2024-03-31 | 1.07 |
| 2023-12-31 | 0.44 |
| 2023-09-30 | 0.66 |
| 2023-06-30 | 0.86 |
| 2023-03-31 | 1.22 |
| 2022-12-31 | 4.09 |
| 2022-09-30 | 1.39 |
| 2022-06-30 | 2.04 |
| 2022-03-31 | 2.12 |
| 2021-12-31 | 3.88 |
| 2021-09-30 | 3.19 |
| 2021-06-30 | 1.62 |
| 2021-03-31 | 1.83 |
| 2020-12-31 | 0.91 |
| 2020-09-30 | 1.13 |
| 2020-06-30 | 1.53 |
| 2020-03-31 | 0.40 |
| 2019-12-31 | 0.33 |
| 2019-09-30 | 0.67 |
| 2019-06-30 | 0.81 |
| 2019-03-31 | 0.08 |
| 2018-12-31 | 0.08 |
| 2018-09-30 | 0.10 |
| 2018-06-30 | 0.41 |
| 2018-03-31 | 0.22 |
| 2017-12-31 | 0.49 |
| 2017-09-30 | 0.14 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.02 |
| 2016-12-31 | 0.10 |
| 2016-09-30 | 0.28 |
| 2016-06-30 | 0.65 |
| 2016-03-31 | 0.11 |
| 2015-12-31 | 0.37 |
| 2015-09-30 | 0.16 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
