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 15.87 is 112% above its 5-year average of 7.50, near the low end of its 5-year range (3.47–66.93).
As of the fiscal period ended Tuesday, June 30, 2026. 51.56% below its 12-month average of 32.76.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 15.87.
QUICK RATIO (ACID-TEST)
15.87
QUICK RATIO (ACID-TEST) AVG TTM
32.76
QUICK RATIO (ACID-TEST) AVG 3Y
8.53
QUICK RATIO (ACID-TEST) AVG 5Y
7.50
QUICK RATIO (ACID-TEST) AVG 10Y
6.12
QUICK RATIO (ACID-TEST) AVG 15Y
6.31
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-51.56%
CURRENT VS 3Y AVG
+86.05%
CURRENT VS 5Y AVG
+111.66%
CURRENT VS 10Y AVG
+159.17%
CURRENT VS 15Y AVG
+151.36%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+373.70%
vs the sector median at left
Phio Pharmaceuticals Corp.
Market Cap
$11.55M
Quick Ratio (Acid-Test)
15.87
TTM Avg
32.76
3Y Avg
8.53
5Y Avg
7.50
Market Cap
$11.36M
Quick Ratio (Acid-Test)
4.93
TTM Avg
13.09
3Y Avg
13.09
5Y Avg
13.09
Market Cap
$11.77M
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.32
3Y Avg
1.15
5Y Avg
1.64
Market Cap
$11.93M
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.28
3Y Avg
1.24
5Y Avg
1.80
Market Cap
$11.12M
Quick Ratio (Acid-Test)
3.07
TTM Avg
5.09
3Y Avg
9.39
5Y Avg
12.46
Market Cap
$11.08M
Quick Ratio (Acid-Test)
8.97
TTM Avg
5.46
3Y Avg
4.04
5Y Avg
3.77
Market Cap
$12.06M
Quick Ratio (Acid-Test)
6.66
TTM Avg
2.77
3Y Avg
1.93
5Y Avg
5.53
Market Cap
$11.02M
Quick Ratio (Acid-Test)
3.69
TTM Avg
5.96
3Y Avg
7.84
5Y Avg
10.45
Market Cap
$11.00M
Quick Ratio (Acid-Test)
2.64
TTM Avg
6.08
3Y Avg
6.44
5Y Avg
4.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phio Pharmaceuticals Corp. (PHIO) | $11.55M | 15.87 | 32.76 | 8.53 | 7.50 |
| Caring Brands, Inc. (CABR)vs › | $11.36M | 4.93 | 13.09 | 13.09 | 13.09 |
| IRIDEX Corporation (IRIX)vs › | $11.77M | 1.08 | 1.32 | 1.15 | 1.64 |
| Biofrontera Inc. (BFRI)vs › | $11.93M | 1.08 | 1.28 | 1.24 | 1.80 |
| VistaGen Therapeutics, Inc. (VTGN)vs › | $11.12M | 3.07 | 5.09 | 9.39 | 12.46 |
| Kiora Pharmaceuticals, Inc. (KPRX)vs › | $11.08M | 8.97 | 5.46 | 4.04 | 3.77 |
| Cellectar Biosciences, Inc. (CLRB)vs › | $12.06M | 6.66 | 2.77 | 1.93 | 5.53 |
| Lisata Therapeutics, Inc. (LSTA)vs › | $11.02M | 3.69 | 5.96 | 7.84 | 10.45 |
| CytoMed Therapeutics Limited (GDTC)vs › | $11.00M | 2.64 | 6.08 | 6.44 | 4.53 |
| Cerenome, Inc. (CNSY)vs › | $10.94M | 1.37 | 0.79 | 1.08 | 1.46 |
Quick Ratio
15.87
Excludes inventory
Current Ratio
15.87
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) |
|---|---|
| 2026-06-30 | 15.87 |
| 2026-03-31 | 66.93 |
| 2025-12-31 | 49.37 |
| 2025-09-30 | 22.27 |
| 2025-06-30 | 9.36 |
| 2025-03-31 | 10.58 |
| 2024-12-31 | 5.65 |
| 2024-09-30 | 6.38 |
| 2024-06-30 | 3.47 |
| 2024-03-31 | 5.48 |
| 2023-12-31 | 5.71 |
| 2023-09-30 | 4.01 |
| 2023-06-30 | 5.03 |
| 2023-03-31 | 3.92 |
| 2022-12-31 | 6.42 |
| 2022-09-30 | 7.01 |
| 2022-06-30 | 6.48 |
| 2022-03-31 | 8.42 |
| 2021-12-31 | 8.06 |
| 2021-09-30 | 11.00 |
| 2021-06-30 | 12.08 |
| 2021-03-31 | 15.21 |
| 2020-12-31 | 6.91 |
| 2020-09-30 | 7.90 |
| 2020-06-30 | 10.33 |
| 2020-03-31 | 7.02 |
| 2019-12-31 | 3.88 |
| 2019-09-30 | 4.56 |
| 2019-06-30 | 5.87 |
| 2019-03-31 | 8.52 |
| 2018-12-31 | 8.69 |
| 2018-09-30 | 1.76 |
| 2018-06-30 | 2.11 |
| 2018-03-31 | 1.13 |
| 2017-12-31 | 1.69 |
| 2017-09-30 | 2.20 |
| 2017-06-30 | 3.30 |
| 2017-03-31 | 4.58 |
| 2016-12-31 | 5.16 |
| 2016-09-30 | 2.55 |
| 2016-06-30 | 4.09 |
| 2016-03-31 | 6.56 |
| 2015-12-31 | 4.84 |
| 2015-09-30 | 7.52 |
| 2015-06-30 | 8.10 |
| 2015-03-31 | 4.49 |
| 2014-12-31 | 6.74 |
| 2014-09-30 | 9.25 |
| 2014-06-30 | 11.71 |
| 2014-03-31 | 8.84 |
| 2013-12-31 | 7.10 |
| 2013-09-30 | 11.98 |
| 2013-06-30 | 11.82 |
| 2013-03-31 | 10.11 |
| 2012-12-31 | 3.21 |
| 2012-09-30 | 4.59 |
| 2012-06-30 | 5.66 |
| 2012-03-31 | 0.48 |
| 2011-12-31 | 0.75 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
