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 1.14 is 44% below its 5-year average of 2.05, near the low end of its 5-year range (0.71–11.38).
As of the fiscal period ended Tuesday, June 30, 2026. 39.61% below its 12-month average of 1.89.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.14.
QUICK RATIO (ACID-TEST)
1.14
QUICK RATIO (ACID-TEST) AVG TTM
1.89
QUICK RATIO (ACID-TEST) AVG 3Y
1.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.05
QUICK RATIO (ACID-TEST) AVG 10Y
4.21
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-39.61%
CURRENT VS 3Y AVG
-28.24%
CURRENT VS 5Y AVG
-44.48%
CURRENT VS 10Y AVG
-72.92%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.20
median of 772 covered companies
CURRENT VS SECTOR MEDIAN
-64.32%
vs the sector median at left
Market Cap
$97.58M
Quick Ratio (Acid-Test)
9.55
TTM Avg
7.84
3Y Avg
7.78
5Y Avg
8.56
Market Cap
$96.69M
Quick Ratio (Acid-Test)
7.92
TTM Avg
8.53
3Y Avg
9.72
5Y Avg
13.43
Market Cap
$96.60M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$102.86M
Quick Ratio (Acid-Test)
26.75
TTM Avg
10.50
3Y Avg
7.03
5Y Avg
10.82
Market Cap
$102.71M
Quick Ratio (Acid-Test)
1.83
TTM Avg
1.56
3Y Avg
1.30
5Y Avg
1.30
Market Cap
$93.26M
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.72
3Y Avg
0.57
5Y Avg
0.57
Market Cap
$92.54M
Quick Ratio (Acid-Test)
3.47
TTM Avg
4.19
3Y Avg
5.60
5Y Avg
16.48
Market Cap
$103.60M
Quick Ratio (Acid-Test)
8.54
TTM Avg
8.31
3Y Avg
10.99
5Y Avg
13.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PolyPid Ltd. (PYPD) | $98.11M | 1.14 | 1.89 | 1.59 | 2.05 |
| Korro Bio, Inc. (KRRO)vs › | $97.58M | 9.55 | 7.84 | 7.78 | 8.56 |
| Milestone Pharmaceuticals Inc. (MIST)vs › | $96.69M | 7.92 | 8.53 | 9.72 | 13.43 |
| Conexeu Sciences Inc. (CNXU)vs › | $96.60M | N/A | N/A | N/A | N/A |
| OnKure Therapeutics, Inc. (OKUR)vs › | $102.86M | 26.75 | 10.50 | 7.03 | 10.82 |
| The Joint Corp. (JYNT)vs › | $102.71M | 1.83 | 1.56 | 1.30 | 1.30 |
| Park Dental Partners, Inc. Common Stock (PARK)vs › | $93.26M | 1.12 | 0.72 | 0.57 | 0.57 |
| Biomea Fusion, Inc. (BMEA)vs › | $92.54M | 3.47 | 4.19 | 5.60 | 16.48 |
| Anixa Biosciences, Inc. (ANIX)vs › | $103.60M | 8.54 | 8.31 | 10.99 | 13.37 |
| Polaryx Therapeutics, Inc. Common Stock (PLYX)vs › | $104.68M | 13.53 | 12.93 | 9.36 | 9.36 |
Quick Ratio
1.14
Excludes inventory
Current Ratio
1.35
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 | 1.14 |
| 2026-03-31 | 1.63 |
| 2025-12-31 | 1.82 |
| 2025-09-30 | 2.57 |
| 2025-06-30 | 2.28 |
| 2025-03-31 | 0.71 |
| 2024-12-31 | 1.31 |
| 2024-09-30 | 1.00 |
| 2024-06-30 | 0.95 |
| 2024-03-31 | 1.64 |
| 2023-12-31 | 0.83 |
| 2023-09-30 | 1.89 |
| 2023-06-30 | 2.89 |
| 2023-03-31 | 2.68 |
| 2022-12-31 | 1.66 |
| 2022-09-30 | 2.88 |
| 2022-06-30 | 2.87 |
| 2022-03-31 | 3.96 |
| 2021-12-31 | 4.31 |
| 2021-09-30 | 8.81 |
| 2021-06-30 | 11.38 |
| 2021-03-31 | 14.53 |
| 2020-12-31 | 16.41 |
| 2020-09-30 | 27.67 |
| 2020-06-30 | 20.84 |
| 2020-03-31 | 10.66 |
| 2019-12-31 | 10.63 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
| 2017-12-31 | 5.57 |
| 2017-09-30 | 9.28 |
| 2014-06-30 | 4.42 |
| 2013-12-31 | 3.11 |
