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 1.27 is 19% below its 5-year average of 1.55, near the low end of its 5-year range (1.22–1.82).
As of the fiscal period ended Tuesday, June 30, 2026. 0.16% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 1.27.
QUICK RATIO (ACID-TEST)
1.27
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.47
QUICK RATIO (ACID-TEST) AVG 5Y
1.55
QUICK RATIO (ACID-TEST) AVG 10Y
1.70
QUICK RATIO (ACID-TEST) AVG 15Y
1.60
QUICK RATIO (ACID-TEST) AVG 20Y
1.16
CURRENT VS TTM AVG
-0.16%
CURRENT VS 3Y AVG
-13.61%
CURRENT VS 5Y AVG
-18.56%
CURRENT VS 10Y AVG
-25.59%
CURRENT VS 15Y AVG
-20.77%
CURRENT VS 20Y AVG
+9.53%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-62.21%
vs the sector median at left
Phibro Animal Health Corporation
Market Cap
$1.48B
Quick Ratio (Acid-Test)
1.27
TTM Avg
1.27
3Y Avg
1.47
5Y Avg
1.55
Market Cap
$1.49B
Quick Ratio (Acid-Test)
15.72
TTM Avg
30.76
3Y Avg
24.36
5Y Avg
24.36
Market Cap
$1.48B
Quick Ratio (Acid-Test)
28.70
TTM Avg
25.68
3Y Avg
28.23
5Y Avg
39.61
Market Cap
$1.50B
Quick Ratio (Acid-Test)
1.30
TTM Avg
1.23
3Y Avg
1.77
5Y Avg
3.05
Market Cap
$1.50B
Quick Ratio (Acid-Test)
4.96
TTM Avg
2.73
3Y Avg
2.17
5Y Avg
2.82
Market Cap
$1.46B
Quick Ratio (Acid-Test)
18.31
TTM Avg
12.63
3Y Avg
8.12
5Y Avg
8.12
Market Cap
$1.45B
Quick Ratio (Acid-Test)
2.94
TTM Avg
3.04
3Y Avg
2.84
5Y Avg
2.90
Market Cap
$1.54B
Quick Ratio (Acid-Test)
15.18
TTM Avg
8.03
3Y Avg
6.72
5Y Avg
22.81
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phibro Animal Health Corporation (PAHC) | $1.48B | 1.27 | 1.27 | 1.47 | 1.55 |
| Rapport Therapeutics, Inc. Common Stock (RAPP)vs › | $1.49B | 15.72 | 30.76 | 24.36 | 24.36 |
| GH Research PLC (GHRS)vs › | $1.48B | 28.70 | 25.68 | 28.23 | 39.61 |
| Eton Pharmaceuticals, Inc. (ETON)vs › | $1.50B | 1.30 | 1.23 | 1.77 | 3.05 |
| Nutex Health, Inc. (NUTX)vs › | $1.50B | 4.96 | 2.73 | 2.17 | 2.82 |
| Maze Therapeutics, Inc. (MAZE)vs › | $1.46B | 18.31 | 12.63 | 8.12 | 8.12 |
| Healthcare Services Group, Inc. (HCSG)vs › | $1.45B | 2.94 | 3.04 | 2.84 | 2.90 |
| Certara, Inc. (CERT)vs › | $1.44B | 2.55 | 2.09 | 2.53 | 2.95 |
| Innoviva, Inc. (INVA)vs › | $1.54B | 15.18 | 8.03 | 6.72 | 22.81 |
| Syndax Pharmaceuticals, Inc. (SNDX)vs › | $1.54B | 6.44 | 4.97 | 9.20 | 12.38 |
Quick Ratio
1.27
Excludes inventory
Current Ratio
2.96
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 | 1.27 |
| 2026-03-31 | 1.26 |
| 2025-12-31 | 1.22 |
| 2025-09-30 | 1.35 |
| 2025-06-30 | 1.25 |
| 2025-03-31 | 1.23 |
| 2024-12-31 | 1.37 |
| 2024-09-30 | 1.69 |
| 2024-06-30 | 1.64 |
| 2024-03-31 | 1.67 |
| 2023-12-31 | 1.60 |
| 2023-09-30 | 1.77 |
| 2023-06-30 | 1.75 |
| 2023-03-31 | 1.77 |
| 2022-12-31 | 1.75 |
| 2022-09-30 | 1.68 |
| 2022-06-30 | 1.61 |
| 2022-03-31 | 1.59 |
| 2021-12-31 | 1.67 |
| 2021-09-30 | 1.82 |
| 2021-06-30 | 1.72 |
| 2021-03-31 | 1.57 |
| 2020-12-31 | 1.58 |
| 2020-09-30 | 1.61 |
| 2020-06-30 | 1.62 |
| 2020-03-31 | 1.62 |
| 2019-12-31 | 1.71 |
| 2019-09-30 | 1.77 |
| 2019-06-30 | 1.74 |
| 2019-03-31 | 1.98 |
| 2018-12-31 | 1.83 |
| 2018-09-30 | 1.82 |
| 2018-06-30 | 1.66 |
| 2018-03-31 | 1.73 |
| 2017-12-31 | 1.75 |
| 2017-09-30 | 1.85 |
| 2017-06-30 | 1.75 |
| 2017-03-31 | 1.73 |
| 2016-12-31 | 1.74 |
| 2016-09-30 | 1.75 |
| 2016-06-30 | 1.61 |
| 2016-03-31 | 1.65 |
| 2015-12-31 | 1.36 |
| 2015-09-30 | 1.57 |
| 2015-06-30 | 1.47 |
| 2015-03-31 | 1.55 |
| 2014-12-31 | 1.60 |
| 2014-09-30 | 1.47 |
| 2014-06-30 | 1.39 |
| 2014-03-31 | 1.30 |
| 2013-12-31 | 1.32 |
| 2013-09-30 | -1.02 |
| 2013-06-30 | 1.35 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.87 |
| 2005-12-31 | 0.88 |
| 2005-09-30 | 0.80 |
| 2005-06-30 | 0.82 |
| 2005-03-31 | 0.74 |
| 2004-12-31 | 0.78 |
| 2004-09-30 | 0.70 |
| 2004-06-30 | 0.76 |
| 2004-03-31 | 0.76 |
| 2003-12-31 | 0.74 |
| 2003-09-30 | 0.55 |
| 2003-06-30 | 0.52 |
| 2003-03-31 | 0.55 |
| 2002-12-31 | 0.67 |
| 2002-09-30 | 0.66 |