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 7.85 is 56% above its 5-year average of 5.04, around the middle of its 5-year range (0.17–19.07).
As of the fiscal period ended Tuesday, June 30, 2026. 83.68% above its 12-month average of 4.28.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 7.85.
QUICK RATIO (ACID-TEST)
7.85
QUICK RATIO (ACID-TEST) AVG TTM
4.28
QUICK RATIO (ACID-TEST) AVG 3Y
3.68
QUICK RATIO (ACID-TEST) AVG 5Y
5.04
QUICK RATIO (ACID-TEST) AVG 10Y
3.36
QUICK RATIO (ACID-TEST) AVG 15Y
2.08
QUICK RATIO (ACID-TEST) AVG 20Y
3.90
CURRENT VS TTM AVG
+83.68%
CURRENT VS 3Y AVG
+113.64%
CURRENT VS 5Y AVG
+55.80%
CURRENT VS 10Y AVG
+133.57%
CURRENT VS 15Y AVG
+278.03%
CURRENT VS 20Y AVG
+101.64%
SECTOR MEDIAN · HEALTHCARE
3.30
median of 817 covered companies
CURRENT VS SECTOR MEDIAN
+138.02%
vs the sector median at left
ProMIS Neurosciences, Inc.
Market Cap
$82.59M
Quick Ratio (Acid-Test)
7.85
TTM Avg
4.28
3Y Avg
3.68
5Y Avg
5.04
Market Cap
$82.53M
Quick Ratio (Acid-Test)
16.14
TTM Avg
3.54
3Y Avg
1.85
5Y Avg
1.85
Market Cap
$82.85M
Quick Ratio (Acid-Test)
3.30
TTM Avg
5.38
3Y Avg
8.10
5Y Avg
12.75
Market Cap
$82.45M
Quick Ratio (Acid-Test)
8.75
TTM Avg
11.02
3Y Avg
14.04
5Y Avg
18.21
Market Cap
$84.19M
Quick Ratio (Acid-Test)
7.03
TTM Avg
3.05
3Y Avg
3.90
5Y Avg
4.20
Market Cap
$80.90M
Quick Ratio (Acid-Test)
7.99
TTM Avg
9.12
3Y Avg
12.06
5Y Avg
14.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ProMIS Neurosciences, Inc. (PMN) | $82.59M | 7.85 | 4.28 | 3.68 | 5.04 |
| LENSAR Inc (LNSR)vs › | $83.02M | 1.13 | 1.33 | 1.81 | 2.82 |
| Telomir Pharmaceuticals, Inc. Common Stock (TELO)vs › | $82.53M | 16.14 | 3.54 | 1.85 | 1.85 |
| Cardiff Oncology, Inc. (CRDF)vs › | $82.85M | 3.30 | 5.38 | 8.10 | 12.75 |
| MediciNova, Inc. (MNOV)vs › | $82.45M | 8.75 | 11.02 | 14.04 | 18.21 |
| Humacyte, Inc. (HUMA)vs › | $84.00M | 5.74 | 2.67 | 4.44 | 7.03 |
| Cognition Therapeutics, Inc. (CGTX)vs › | $84.19M | 7.03 | 3.05 | 3.90 | 4.20 |
| Acrivon Therapeutics, Inc. Common Stock (ACRV)vs › | $80.90M | 7.99 | 9.12 | 12.06 | 14.25 |
| Nutriband Inc. (NTRB)vs › | $79.74M | 4.02 | 5.44 | 3.75 | 3.66 |
| Citius Oncology, Inc. (CTOR)vs › | $79.96M | 0.34 | 0.10 | 0.26 | 0.26 |
Quick Ratio
7.85
Excludes inventory
Current Ratio
7.85
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 | 7.85 |
| 2026-03-31 | 9.92 |
| 2025-12-31 | 0.88 |
| 2025-09-30 | 1.76 |
| 2025-06-30 | 0.97 |
| 2025-03-31 | 3.36 |
| 2024-12-31 | 8.52 |
| 2024-09-30 | 9.30 |
| 2024-06-30 | 0.44 |
| 2024-03-31 | 1.34 |
| 2023-12-31 | 1.46 |
| 2023-09-30 | 1.81 |
| 2023-06-30 | 0.17 |
| 2023-03-31 | 0.51 |
| 2022-12-31 | 1.08 |
| 2022-09-30 | 1.73 |
| 2022-06-30 | 5.42 |
| 2022-03-31 | 10.37 |
| 2021-12-31 | 19.07 |
| 2021-09-30 | 13.29 |
| 2021-06-30 | 6.62 |
| 2021-03-31 | 4.15 |
| 2020-12-31 | 0.52 |
| 2020-09-30 | 0.20 |
| 2020-06-30 | 0.72 |
| 2020-03-31 | 0.86 |
| 2019-12-31 | 1.21 |
| 2019-09-30 | 0.41 |
| 2019-06-30 | 1.51 |
| 2019-03-31 | 2.43 |
| 2018-12-31 | 1.61 |
| 2018-09-30 | 6.82 |
| 2018-06-30 | 15.19 |
| 2018-03-31 | 7.96 |
| 2017-12-31 | 3.31 |
| 2017-09-30 | 3.05 |
| 2017-06-30 | 0.86 |
| 2017-03-31 | 3.59 |
| 2016-12-31 | 1.00 |
| 2016-09-30 | 2.55 |
| 2016-06-30 | 1.59 |
| 2016-03-31 | 1.95 |
| 2015-12-31 | 1.95 |
| 2015-09-30 | 2.91 |
| 2015-06-30 | 0.15 |
| 2015-03-31 | 0.15 |
| 2014-12-31 | 0.42 |
| 2014-09-30 | 0.32 |
| 2014-06-30 | 0.37 |
| 2014-03-31 | 0.84 |
| 2013-12-31 | 0.32 |
| 2013-09-30 | 0.37 |
| 2013-06-30 | 0.84 |
| 2013-03-31 | 0.39 |
| 2012-12-31 | 1.14 |
| 2012-09-30 | 2.73 |
| 2012-06-30 | 3.82 |
| 2012-03-31 | 2342.44 |
| 2011-12-31 | 2.34 |
| 2011-09-30 | 3.63 |
| 2011-06-30 | 5.72 |
| 2011-03-31 | 4.74 |
| 2010-12-31 | 5.10 |
| 2010-09-30 | 5.70 |
| 2010-06-30 | 4.73 |
| 2010-03-31 | 7.87 |
| 2009-12-31 | 6.86 |
| 2009-09-30 | 8.81 |
| 2009-06-30 | 10.82 |
| 2009-03-31 | 8.48 |
| 2008-12-31 | 8.38 |
| 2008-09-30 | 8.66 |
| 2008-06-30 | 7.85 |
| 2008-03-31 | 7.27 |
| 2007-12-31 | 12.38 |
| 2007-09-30 | 18.55 |
| 2007-06-30 | 21.98 |
| 2007-03-31 | 21.85 |
| 2006-12-31 | 19.57 |
| 2006-09-30 | 43.96 |
| 2006-06-30 | 25.26 |
| 2006-03-31 | 22.04 |
| 2005-12-31 | 12.71 |
| 2005-09-30 | 10.10 |
| 2005-06-30 | 2.02 |