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 4.68 is in line with its 5-year average of 4.65, around the middle of its 5-year range (3.51–5.85).
As of the fiscal period ended Tuesday, June 30, 2026. 0.78% above its 12-month average of 4.64.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.68.
QUICK RATIO (ACID-TEST)
4.68
QUICK RATIO (ACID-TEST) AVG TTM
4.64
QUICK RATIO (ACID-TEST) AVG 3Y
4.84
QUICK RATIO (ACID-TEST) AVG 5Y
4.65
QUICK RATIO (ACID-TEST) AVG 10Y
3.70
QUICK RATIO (ACID-TEST) AVG 15Y
3.06
QUICK RATIO (ACID-TEST) AVG 20Y
2.70
CURRENT VS TTM AVG
+0.78%
CURRENT VS 3Y AVG
-3.29%
CURRENT VS 5Y AVG
+0.62%
CURRENT VS 10Y AVG
+26.24%
CURRENT VS 15Y AVG
+52.96%
CURRENT VS 20Y AVG
+72.89%
SECTOR MEDIAN · CONSUMER DEFENSIVE
0.88
median of 158 covered companies
CURRENT VS SECTOR MEDIAN
+431.43%
vs the sector median at left
Perdoceo Education Corporation
Market Cap
$1.99B
Quick Ratio (Acid-Test)
4.68
TTM Avg
4.64
3Y Avg
4.84
5Y Avg
4.65
Market Cap
$1.80B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.34
3Y Avg
1.46
5Y Avg
1.52
Market Cap
$2.27B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.75
3Y Avg
0.80
5Y Avg
0.73
Market Cap
$1.62B
Quick Ratio (Acid-Test)
1.75
TTM Avg
1.54
3Y Avg
1.49
5Y Avg
1.24
Market Cap
$2.37B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.56
3Y Avg
0.59
5Y Avg
0.64
Market Cap
$2.47B
Quick Ratio (Acid-Test)
2.67
TTM Avg
2.26
3Y Avg
2.14
5Y Avg
1.88
Market Cap
$1.49B
Quick Ratio (Acid-Test)
1.47
TTM Avg
1.66
3Y Avg
1.60
5Y Avg
1.80
Market Cap
$2.49B
Quick Ratio (Acid-Test)
2.67
TTM Avg
2.26
3Y Avg
2.14
5Y Avg
1.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Perdoceo Education Corporation (PRDO) | $1.99B | 4.68 | 4.64 | 4.84 | 4.65 |
| Strategic Education, Inc. (STRA)vs › | $1.80B | 1.10 | 1.34 | 1.46 | 1.52 |
| The Andersons, Inc. (ANDE)vs › | $2.27B | 0.81 | 0.75 | 0.80 | 0.73 |
| Ingles Markets, Incorporated (IMKTA)vs › | $1.62B | 1.75 | 1.54 | 1.49 | 1.24 |
| Newell Brands Inc. (NWL)vs › | $2.37B | 0.59 | 0.56 | 0.59 | 0.64 |
| Central Garden & Pet Company (CENTA)vs › | $2.47B | 2.67 | 2.26 | 2.14 | 1.88 |
| J&J Snack Foods Corp. (JJSF)vs › | $1.49B | 1.47 | 1.66 | 1.60 | 1.80 |
| Central Garden & Pet Company (CENT)vs › | $2.49B | 2.67 | 2.26 | 2.14 | 1.88 |
| Coty Inc. (COTY)vs › | $2.49B | 0.42 | 0.44 | 0.45 | 0.44 |
| Afya Limited (AFYA)vs › | $1.26B | 2.20 | 1.79 | 1.63 | 1.74 |
Quick Ratio
4.68
Excludes inventory
Current Ratio
4.69
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 | 4.68 |
| 2026-03-31 | 4.79 |
| 2025-12-31 | 5.03 |
| 2025-09-30 | 4.45 |
| 2025-06-30 | 4.26 |
| 2025-03-31 | 4.43 |
| 2024-12-31 | 4.82 |
| 2024-09-30 | 5.45 |
| 2024-06-30 | 5.40 |
| 2024-03-31 | 4.92 |
| 2023-12-31 | 5.85 |
| 2023-09-30 | 4.79 |
| 2023-06-30 | 3.99 |
| 2023-03-31 | 4.30 |
| 2022-12-31 | 3.51 |
| 2022-09-30 | 4.13 |
| 2022-06-30 | 5.18 |
| 2022-03-31 | 5.03 |
| 2021-12-31 | 3.95 |
| 2021-09-30 | 3.99 |
| 2021-06-30 | 4.66 |
| 2021-03-31 | 4.90 |
| 2020-12-31 | 4.49 |
| 2020-09-30 | 4.23 |
| 2020-06-30 | 3.56 |
| 2020-03-31 | 3.59 |
| 2019-12-31 | 3.47 |
| 2019-09-30 | 2.67 |
| 2019-06-30 | 2.49 |
| 2019-03-31 | 3.04 |
| 2018-12-31 | 2.77 |
| 2018-09-30 | 2.61 |
| 2018-06-30 | 2.17 |
| 2018-03-31 | 1.97 |
| 2017-12-31 | 1.86 |
| 2017-09-30 | 1.73 |
| 2017-06-30 | 1.73 |
| 2017-03-31 | 1.66 |
| 2016-12-31 | 1.46 |
| 2016-09-30 | 1.97 |
| 2016-06-30 | 1.91 |
| 2016-03-31 | 1.71 |
| 2015-12-31 | 1.48 |
| 2015-09-30 | 1.48 |
| 2015-06-30 | 1.77 |
| 2015-03-31 | 1.78 |
| 2014-12-31 | 1.88 |
| 2014-09-30 | 1.71 |
| 2014-06-30 | 1.89 |
| 2014-03-31 | 1.92 |
| 2013-12-31 | 2.19 |
| 2013-09-30 | 1.55 |
| 2013-06-30 | 1.61 |
| 2013-03-31 | 1.74 |
| 2012-12-31 | 1.52 |
| 2012-09-30 | 1.72 |
| 2012-06-30 | 1.93 |
| 2012-03-31 | 1.95 |
| 2011-12-31 | 1.82 |
| 2011-10-31 | 1.46 |
| 2011-06-30 | 1.52 |
| 2011-03-31 | 1.43 |
| 2010-12-31 | 1.31 |
| 2010-09-30 | 1.22 |
| 2010-06-30 | 1.26 |
| 2010-03-31 | 1.30 |
| 2009-12-31 | 1.40 |
| 2009-09-30 | 1.34 |
| 2009-06-30 | 1.69 |
| 2009-03-31 | 1.86 |
| 2008-12-31 | 1.84 |
| 2008-09-30 | 1.76 |
| 2008-06-30 | 1.83 |
| 2008-03-31 | 1.68 |
| 2007-12-31 | 1.54 |
| 2007-09-30 | 1.66 |
| 2007-06-30 | 1.79 |
| 2007-03-31 | 1.87 |
| 2006-12-31 | 2.07 |
| 2006-09-30 | 1.88 |
| 2006-06-30 | 1.87 |
| 2006-03-31 | 1.86 |
| 2005-12-31 | 1.73 |
| 2005-09-30 | 1.53 |
| 2005-06-30 | 1.95 |
| 2005-03-31 | 1.69 |
| 2004-12-31 | 1.54 |
| 2004-09-30 | 1.54 |
| 2004-06-30 | 1.61 |
| 2004-03-31 | 1.21 |
| 2003-12-31 | 1.06 |
| 2003-09-30 | 1.08 |
| 2003-06-30 | 1.40 |
| 2003-03-31 | 1.02 |
| 2002-12-31 | 0.89 |
| 2002-09-30 | 1.00 |