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 0.87 is in line with its 5-year average of 0.82, around the middle of its 5-year range (0.64–1.04).
As of the fiscal period ended Friday, July 31, 2026. 5.14% below its 12-month average of 0.92.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.87
QUICK RATIO (ACID-TEST) AVG TTM
0.92
QUICK RATIO (ACID-TEST) AVG 3Y
0.86
QUICK RATIO (ACID-TEST) AVG 5Y
0.82
QUICK RATIO (ACID-TEST) AVG 10Y
1.21
QUICK RATIO (ACID-TEST) AVG 15Y
1.40
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-5.14%
CURRENT VS 3Y AVG
+1.66%
CURRENT VS 5Y AVG
+6.57%
CURRENT VS 10Y AVG
-28.15%
CURRENT VS 15Y AVG
-37.85%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-45.22%
vs the sector median at left
Palo Alto Networks, Inc.
Market Cap
$271.80B
Quick Ratio (Acid-Test)
0.87
TTM Avg
0.92
3Y Avg
0.86
5Y Avg
0.82
Market Cap
$264.78B
Quick Ratio (Acid-Test)
1.81
TTM Avg
1.81
3Y Avg
1.56
5Y Avg
1.24
Market Cap
$288.34B
Quick Ratio (Acid-Test)
5.25
TTM Avg
5.60
3Y Avg
4.15
5Y Avg
4.15
Market Cap
$245.20B
Quick Ratio (Acid-Test)
2.59
TTM Avg
3.16
3Y Avg
3.24
5Y Avg
3.52
Market Cap
$242.07B
Quick Ratio (Acid-Test)
2.03
TTM Avg
1.93
3Y Avg
1.71
5Y Avg
1.76
Market Cap
$237.87B
Quick Ratio (Acid-Test)
3.44
TTM Avg
2.85
3Y Avg
3.21
5Y Avg
3.48
Market Cap
$217.33B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.95
3Y Avg
0.92
5Y Avg
0.91
Market Cap
$212.40B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Palo Alto Networks, Inc. (PANW) | $271.80B | 0.87 | 0.92 | 0.86 | 0.82 |
| Sandisk Corporation (SNDK)vs › | $264.78B | 1.81 | 1.81 | 1.56 | 1.24 |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $288.34B | 5.25 | 5.60 | 4.15 | 4.15 |
| SAP SE (SAP)vs › | $247.67B | 1.15 | 1.15 | 1.19 | 1.19 |
| Arista Networks, Inc. (ANET)vs › | $245.20B | 2.59 | 3.16 | 3.24 | 3.52 |
| KLA Corporation (KLAC)vs › | $242.07B | 2.03 | 1.93 | 1.71 | 1.76 |
| Texas Instruments Incorporated (TXN)vs › | $237.87B | 3.44 | 2.85 | 3.21 | 3.48 |
| International Business Machines Corporation (IBM)vs › | $217.33B | 0.74 | 0.95 | 0.92 | 0.91 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $212.40B | N/A | 1.72 | 1.69 | 1.84 |
| Marvell Technology, Inc. (MRVL)vs › | $207.47B | 2.62 | 1.31 | 1.19 | 1.21 |
Quick Ratio
0.87
Excludes inventory
Current Ratio
0.87
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) |
|---|---|
| 2026-07-31 | 0.87 |
| 2026-04-30 | 0.86 |
| 2026-01-31 | 1.04 |
| 2025-10-31 | 0.93 |
| 2025-07-31 | 0.89 |
| 2025-04-30 | 0.90 |
| 2025-01-31 | 0.84 |
| 2024-10-31 | 0.84 |
| 2024-07-31 | 0.89 |
| 2024-04-30 | 0.84 |
| 2024-01-31 | 0.83 |
| 2023-10-31 | 0.82 |
| 2023-07-31 | 0.78 |
| 2023-04-30 | 0.74 |
| 2023-01-31 | 0.64 |
| 2022-10-31 | 0.70 |
| 2022-07-31 | 0.77 |
| 2022-04-30 | 0.74 |
| 2022-01-31 | 0.66 |
| 2021-10-31 | 0.68 |
| 2021-07-31 | 0.91 |
| 2021-04-30 | 1.38 |
| 2021-01-31 | 0.98 |
| 2020-10-31 | 1.63 |
| 2020-07-31 | 1.91 |
| 2020-04-30 | 1.29 |
| 2020-01-31 | 1.78 |
| 2019-10-31 | 1.78 |
| 2019-07-31 | 1.78 |
| 2019-04-30 | 1.86 |
| 2019-01-31 | 1.87 |
| 2018-10-31 | 2.10 |
| 2018-07-31 | 1.93 |
| 2018-04-30 | 1.14 |
| 2018-01-31 | 1.19 |
| 2017-10-31 | 1.17 |
| 2017-07-31 | 1.65 |
| 2017-04-30 | 1.80 |
| 2017-01-31 | 1.89 |
| 2016-10-31 | 1.33 |
| 2016-07-31 | 2.09 |
| 2016-04-30 | 1.17 |
| 2016-01-31 | 1.10 |
| 2015-10-31 | 0.96 |
| 2015-07-31 | 1.04 |
| 2015-04-30 | 1.10 |
| 2015-01-31 | 2.08 |
| 2014-10-31 | 2.59 |
| 2014-07-31 | 2.75 |
| 2014-04-30 | 1.21 |
| 2014-01-31 | 2.11 |
| 2013-10-31 | 2.42 |
| 2013-07-31 | 2.57 |
| 2013-04-30 | 2.60 |
| 2013-01-31 | 2.52 |
| 2012-10-31 | 2.77 |
| 2012-07-31 | 3.13 |
| 2012-04-30 | 1.30 |
| 2012-01-31 | 1.30 |
| 2011-10-31 | 0.00 |
| 2011-07-31 | 1.08 |
| 2011-04-30 | 0.00 |