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 3.28 is 75% above its 5-year average of 1.88, near the high end of its 5-year range (1.03–3.85).
As of the fiscal period ended Tuesday, June 30, 2026. 19.36% above its 12-month average of 2.74.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.28.
QUICK RATIO (ACID-TEST)
3.28
QUICK RATIO (ACID-TEST) AVG TTM
2.74
QUICK RATIO (ACID-TEST) AVG 3Y
2.17
QUICK RATIO (ACID-TEST) AVG 5Y
1.88
QUICK RATIO (ACID-TEST) AVG 10Y
2.87
QUICK RATIO (ACID-TEST) AVG 15Y
3.16
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+19.36%
CURRENT VS 3Y AVG
+50.98%
CURRENT VS 5Y AVG
+74.56%
CURRENT VS 10Y AVG
+13.98%
CURRENT VS 15Y AVG
+3.75%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-2.36%
vs the sector median at left
PTC Therapeutics, Inc.
Market Cap
$5.32B
Quick Ratio (Acid-Test)
3.28
TTM Avg
2.74
3Y Avg
2.17
5Y Avg
1.88
Market Cap
$5.21B
Quick Ratio (Acid-Test)
17.85
TTM Avg
17.70
3Y Avg
17.06
5Y Avg
17.77
Market Cap
$5.21B
Quick Ratio (Acid-Test)
3.99
TTM Avg
2.37
3Y Avg
2.88
5Y Avg
3.42
Market Cap
$5.20B
Quick Ratio (Acid-Test)
2.53
TTM Avg
2.36
3Y Avg
1.93
5Y Avg
1.92
Market Cap
$5.19B
Quick Ratio (Acid-Test)
13.57
TTM Avg
9.78
3Y Avg
9.13
5Y Avg
11.38
Market Cap
$5.52B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.16
3Y Avg
1.16
5Y Avg
1.16
Market Cap
$5.09B
Quick Ratio (Acid-Test)
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PTC Therapeutics, Inc. (PTCT) | $5.32B | 3.28 | 2.74 | 2.17 | 1.88 |
| CRISPR Therapeutics AG (CRSP)vs › | $5.21B | 17.85 | 17.70 | 17.06 | 17.77 |
| Travere Therapeutics, Inc. (TVTX)vs › | $5.21B | 3.99 | 2.37 | 2.88 | 3.42 |
| Sotera Health Company (SHC)vs › | $5.20B | 2.53 | 2.36 | 1.93 | 1.92 |
| Doximity, Inc. (DOCS)vs › | $5.20B | 6.08 | 6.53 | 6.56 | 6.07 |
| Cogent Biosciences, Inc. (COGT)vs › | $5.19B | 13.57 | 9.78 | 9.13 | 11.38 |
| MiniMed Group, Inc. Common Stock (MMED)vs › | $5.52B | 1.36 | 1.16 | 1.16 | 1.16 |
| RadNet, Inc. (RDNT)vs › | $5.53B | 1.48 | 1.94 | 1.50 | 1.26 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.09B | 7.02 | 8.28 | 8.59 | 7.77 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.07B | 2.79 | 2.90 | 2.74 | 2.21 |
Quick Ratio
3.28
Excludes inventory
Current Ratio
3.39
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 | 3.28 |
| 2026-03-31 | 2.36 |
| 2025-12-31 | 2.27 |
| 2025-09-30 | 2.26 |
| 2025-06-30 | 3.57 |
| 2025-03-31 | 3.85 |
| 2024-12-31 | 2.31 |
| 2024-09-30 | 2.04 |
| 2024-06-30 | 2.17 |
| 2024-03-31 | 1.98 |
| 2023-12-31 | 1.97 |
| 2023-09-30 | 1.03 |
| 2023-06-30 | 1.17 |
| 2023-03-31 | 1.33 |
| 2022-12-31 | 1.65 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.20 |
| 2022-03-31 | 1.59 |
| 2021-12-31 | 1.84 |
| 2021-09-30 | 2.14 |
| 2021-06-30 | 3.61 |
| 2021-03-31 | 4.41 |
| 2020-12-31 | 4.37 |
| 2020-09-30 | 4.83 |
| 2020-06-30 | 2.91 |
| 2020-03-31 | 3.09 |
| 2019-12-31 | 3.22 |
| 2019-09-30 | 4.30 |
| 2019-06-30 | 2.63 |
| 2019-03-31 | 3.24 |
| 2018-12-31 | 1.83 |
| 2018-09-30 | 2.61 |
| 2018-06-30 | 4.18 |
| 2018-03-31 | 3.16 |
| 2017-12-31 | 2.90 |
| 2017-09-30 | 2.97 |
| 2017-06-30 | 3.24 |
| 2017-03-31 | 5.27 |
| 2016-12-31 | 5.27 |
| 2016-09-30 | 5.74 |
| 2016-06-30 | 6.93 |
| 2016-03-31 | 7.44 |
| 2015-12-31 | 7.84 |
| 2015-09-30 | 12.12 |
| 2015-06-30 | 11.46 |
| 2015-03-31 | 12.12 |
| 2014-12-31 | 9.96 |
| 2014-09-30 | 12.37 |
| 2014-06-30 | 19.88 |
| 2014-03-31 | 26.99 |
| 2013-12-31 | 11.04 |
| 2013-09-30 | 11.50 |
| 2013-06-30 | 8.50 |
| 2013-03-31 | 2.07 |
| 2012-12-31 | 0.16 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |