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 0.57 is 93% below its 5-year average of 7.93, near the low end of its 5-year range (0.57–19.94).
As of the fiscal period ended Tuesday, June 30, 2026. 73.68% below its 12-month average of 2.16.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.57
QUICK RATIO (ACID-TEST) AVG TTM
2.16
QUICK RATIO (ACID-TEST) AVG 3Y
3.13
QUICK RATIO (ACID-TEST) AVG 5Y
7.93
QUICK RATIO (ACID-TEST) AVG 10Y
7.99
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-73.68%
CURRENT VS 3Y AVG
-81.81%
CURRENT VS 5Y AVG
-92.83%
CURRENT VS 10Y AVG
-92.87%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.26
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
-54.83%
vs the sector median at left
PDS Biotechnology Corporation
Market Cap
$11.79M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.16
3Y Avg
3.13
5Y Avg
7.93
Market Cap
$438.82M
Quick Ratio (Acid-Test)
8.92
TTM Avg
6.16
3Y Avg
7.06
5Y Avg
7.06
Market Cap
$1.18B
Quick Ratio (Acid-Test)
0.81
TTM Avg
2.16
3Y Avg
2.71
5Y Avg
2.89
Market Cap
$2.23B
Quick Ratio (Acid-Test)
1.07
TTM Avg
0.89
3Y Avg
0.95
5Y Avg
0.97
Market Cap
$3.06B
Quick Ratio (Acid-Test)
6.07
TTM Avg
7.05
3Y Avg
8.10
5Y Avg
8.04
Market Cap
$5.40B
Quick Ratio (Acid-Test)
2.79
TTM Avg
2.90
3Y Avg
2.74
5Y Avg
2.21
Market Cap
$6.43B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.56
3Y Avg
2.48
5Y Avg
3.39
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PDS Biotechnology Corporation (PDSB) | $11.79M | 0.57 | 2.16 | 3.13 | 7.93 |
| Shoulder Innovations, Inc. (SI)vs › | $438.82M | 8.92 | 6.16 | 7.06 | 7.06 |
| NRC Health (NRC)vs › | $492.43M | N/A | 0.55 | 0.77 | 1.10 |
| Teladoc Health, Inc. (TDOC)vs › | $1.18B | 0.81 | 2.16 | 2.71 | 2.89 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.23B | 1.07 | 0.89 | 0.95 | 0.97 |
| TransMedics Group, Inc. (TMDX)vs › | $3.06B | 6.07 | 7.05 | 8.10 | 8.04 |
| Doximity, Inc. (DOCS)vs › | $5.00B | N/A | 6.53 | 6.56 | 6.07 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.40B | 2.79 | 2.90 | 2.74 | 2.21 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.43B | 0.87 | 1.56 | 2.48 | 3.39 |
| Chemed Corporation (CHE)vs › | $6.84B | 0.89 | 1.19 | 1.21 | 1.11 |
Quick Ratio
0.57
Excludes inventory
Current Ratio
0.57
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 | 0.57 |
| 2026-03-31 | 2.26 |
| 2025-12-31 | 2.98 |
| 2025-09-30 | 2.09 |
| 2025-06-30 | 2.92 |
| 2025-03-31 | 2.33 |
| 2024-12-31 | 2.64 |
| 2024-09-30 | 2.84 |
| 2024-06-30 | 3.84 |
| 2024-03-31 | 4.56 |
| 2023-12-31 | 4.33 |
| 2023-09-30 | 6.21 |
| 2023-06-30 | 8.01 |
| 2023-03-31 | 16.46 |
| 2022-12-31 | 7.79 |
| 2022-09-30 | 15.37 |
| 2022-06-30 | 12.34 |
| 2022-03-31 | 12.10 |
| 2021-12-31 | 17.80 |
| 2021-09-30 | 19.94 |
| 2021-06-30 | 19.22 |
| 2021-03-31 | 9.31 |
| 2020-12-31 | 9.28 |
| 2020-09-30 | 11.68 |
| 2020-06-30 | 7.70 |
| 2020-03-31 | 5.91 |
| 2019-12-31 | 5.18 |
| 2019-09-30 | 4.98 |
| 2019-06-30 | 5.35 |
| 2019-03-31 | 5.04 |
| 2018-12-31 | 5.59 |
| 2018-09-30 | 5.54 |
| 2018-06-30 | 3.36 |
| 2018-03-31 | 2.35 |
| 2017-12-31 | 6.92 |
| 2017-09-30 | 8.34 |
| 2017-06-30 | 9.43 |
| 2017-03-31 | 14.27 |
| 2016-12-31 | 16.06 |
| 2016-09-30 | 26.60 |
| 2016-06-30 | 16.53 |
| 2016-03-31 | 18.38 |
| 2015-12-31 | 15.28 |
| 2015-09-30 | 6.58 |
| 2015-06-30 | 15.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 3.97 |
| 2014-09-30 | 0.00 |
