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 2.64 is 65% above its 5-year average of 1.61, near the high end of its 5-year range (1.12–2.64).
As of the fiscal period ended Tuesday, June 30, 2026. 31.51% above its 12-month average of 2.01.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.64.
QUICK RATIO (ACID-TEST)
2.64
QUICK RATIO (ACID-TEST) AVG TTM
2.01
QUICK RATIO (ACID-TEST) AVG 3Y
1.62
QUICK RATIO (ACID-TEST) AVG 5Y
1.61
QUICK RATIO (ACID-TEST) AVG 10Y
1.83
QUICK RATIO (ACID-TEST) AVG 15Y
2.65
QUICK RATIO (ACID-TEST) AVG 20Y
2.19
CURRENT VS TTM AVG
+31.51%
CURRENT VS 3Y AVG
+63.44%
CURRENT VS 5Y AVG
+64.58%
CURRENT VS 10Y AVG
+44.60%
CURRENT VS 15Y AVG
-0.09%
CURRENT VS 20Y AVG
+20.97%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 743 covered companies
CURRENT VS SECTOR MEDIAN
-17.11%
vs the sector median at left
Puma Biotechnology, Inc.
Market Cap
$487.36M
Quick Ratio (Acid-Test)
2.64
TTM Avg
2.01
3Y Avg
1.62
5Y Avg
1.61
Market Cap
$479.39M
Quick Ratio (Acid-Test)
7.91
TTM Avg
4.78
3Y Avg
4.69
5Y Avg
6.49
Market Cap
$498.01M
Quick Ratio (Acid-Test)
8.35
TTM Avg
4.17
3Y Avg
3.90
5Y Avg
4.80
Market Cap
$474.59M
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.48
3Y Avg
1.43
5Y Avg
1.74
Market Cap
$472.33M
Quick Ratio (Acid-Test)
121.97
TTM Avg
23.71
3Y Avg
19.95
5Y Avg
19.50
Market Cap
$472.54M
Quick Ratio (Acid-Test)
37.17
TTM Avg
24.09
3Y Avg
19.47
5Y Avg
19.38
Market Cap
$502.82M
Quick Ratio (Acid-Test)
10.72
TTM Avg
8.23
3Y Avg
9.67
5Y Avg
9.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Puma Biotechnology, Inc. (PBYI) | $487.36M | 2.64 | 2.01 | 1.62 | 1.61 |
| Evolus, Inc. (EOLS)vs › | $496.87M | 1.28 | 1.88 | 1.90 | 1.89 |
| Arvinas, Inc. (ARVN)vs › | $479.39M | 7.91 | 4.78 | 4.69 | 6.49 |
| Oculis Holding AG (OCS)vs › | $498.01M | 8.35 | 4.17 | 3.90 | 4.80 |
| Cerus Corporation (CERS)vs › | $474.59M | 1.07 | 1.48 | 1.43 | 1.74 |
| Bright Minds Biosciences Inc. (DRUG)vs › | $472.33M | 121.97 | 23.71 | 19.95 | 19.50 |
| Kamada Ltd. (KMDA)vs › | $472.65M | 2.29 | 2.21 | 1.73 | 2.24 |
| Contineum Therapeutics, Inc. (CTNM)vs › | $472.54M | 37.17 | 24.09 | 19.47 | 19.38 |
| Allogene Therapeutics, Inc. (ALLO)vs › | $502.82M | 10.72 | 8.23 | 9.67 | 9.58 |
| Sight Sciences, Inc. (SGHT)vs › | $466.84M | 4.67 | 9.07 | 10.56 | 11.63 |
Quick Ratio
2.64
Excludes inventory
Current Ratio
2.91
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 | 2.64 |
| 2026-03-31 | 2.24 |
| 2025-12-31 | 1.93 |
| 2025-09-30 | 1.62 |
| 2025-06-30 | 1.62 |
| 2025-03-31 | 1.43 |
| 2024-12-31 | 1.45 |
| 2024-09-30 | 1.40 |
| 2024-06-30 | 1.23 |
| 2024-03-31 | 1.38 |
| 2023-12-31 | 1.50 |
| 2023-09-30 | 1.78 |
| 2023-06-30 | 1.84 |
| 2023-03-31 | 2.24 |
| 2022-12-31 | 1.67 |
| 2022-09-30 | 1.95 |
| 2022-06-30 | 1.89 |
| 2022-03-31 | 1.47 |
| 2021-12-31 | 1.21 |
| 2021-09-30 | 1.12 |
| 2021-06-30 | 1.16 |
| 2021-03-31 | 1.11 |
| 2020-12-31 | 1.25 |
| 2020-09-30 | 1.33 |
| 2020-06-30 | 1.65 |
| 2020-03-31 | 1.72 |
| 2019-12-31 | 1.80 |
| 2019-09-30 | 1.67 |
| 2019-06-30 | 1.68 |
| 2019-03-31 | 2.50 |
| 2018-12-31 | 2.99 |
| 2018-09-30 | 2.96 |
| 2018-06-30 | 2.64 |
| 2018-03-31 | 1.87 |
| 2017-12-31 | 1.79 |
| 2017-09-30 | 1.23 |
| 2017-06-30 | 3.40 |
| 2017-03-31 | 4.68 |
| 2016-12-31 | 6.31 |
| 2016-09-30 | 3.12 |
| 2016-06-30 | 3.95 |
| 2016-03-31 | 4.87 |
| 2015-12-31 | 6.89 |
| 2015-09-30 | 10.05 |
| 2015-06-30 | 11.03 |
| 2015-03-31 | 12.14 |
| 2014-12-31 | 1.05 |
| 2014-09-30 | 5.45 |
| 2014-06-30 | 6.57 |
| 2014-03-31 | 10.46 |
| 2013-12-31 | 5.00 |
| 2013-09-30 | 5.75 |
| 2013-06-30 | 6.23 |
| 2013-03-31 | 5.14 |
| 2012-12-31 | 6.86 |
| 2012-09-30 | 1.28 |
| 2012-06-30 | 2.69 |
| 2012-03-31 | 5.35 |
| 2011-12-31 | 91.54 |
| 2011-09-30 | 0.12 |
| 2011-06-30 | 0.53 |
| 2011-03-31 | 0.08 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 1.06 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 1.07 |
| 2009-03-31 | 0.13 |
| 2008-12-31 | 0.03 |
| 2008-09-30 | 0.03 |
| 2008-06-30 | 4.58 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
