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 0.71 is in line with its 5-year average of 0.72, near the low end of its 5-year range (0.64–0.89).
As of the fiscal period ended Sunday, June 28, 2026. 0.14% below its 12-month average of 0.71.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-28): 0.71.
QUICK RATIO (ACID-TEST)
0.71
QUICK RATIO (ACID-TEST) AVG TTM
0.71
QUICK RATIO (ACID-TEST) AVG 3Y
0.70
QUICK RATIO (ACID-TEST) AVG 5Y
0.72
QUICK RATIO (ACID-TEST) AVG 10Y
0.81
QUICK RATIO (ACID-TEST) AVG 15Y
0.89
QUICK RATIO (ACID-TEST) AVG 20Y
0.83
CURRENT VS TTM AVG
-0.14%
CURRENT VS 3Y AVG
+2.62%
CURRENT VS 5Y AVG
-0.75%
CURRENT VS 10Y AVG
-11.97%
CURRENT VS 15Y AVG
-19.53%
CURRENT VS 20Y AVG
-13.61%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.93
median of 304 covered companies
CURRENT VS SECTOR MEDIAN
-22.86%
vs the sector median at left
Papa John's International, Inc.
Market Cap
$639.29M
Quick Ratio (Acid-Test)
0.71
TTM Avg
0.71
3Y Avg
0.70
5Y Avg
0.72
Market Cap
$635.38M
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.33
3Y Avg
0.30
5Y Avg
0.33
Market Cap
$652.30M
Quick Ratio (Acid-Test)
0.22
TTM Avg
0.30
3Y Avg
0.45
5Y Avg
0.51
Market Cap
$609.31M
Quick Ratio (Acid-Test)
0.57
TTM Avg
0.47
3Y Avg
0.54
5Y Avg
0.59
Market Cap
$690.00M
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.66
3Y Avg
2.28
5Y Avg
1.85
Market Cap
$713.60M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.24
3Y Avg
0.25
5Y Avg
0.26
Market Cap
$528.24M
Quick Ratio (Acid-Test)
14.61
TTM Avg
11.09
3Y Avg
12.38
5Y Avg
20.59
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Papa John's International, Inc. (PZZA) | $639.29M | 0.71 | 0.71 | 0.70 | 0.72 |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $635.38M | 0.39 | 0.33 | 0.30 | 0.33 |
| First Watch Restaurant Group, Inc. (FWRG)vs › | $652.30M | 0.22 | 0.30 | 0.45 | 0.51 |
| Tron Inc. (TRON)vs › | $619.07M | 26.79 | 10.29 | 8.38 | 5.83 |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $609.31M | 0.57 | 0.47 | 0.54 | 0.59 |
| Legacy Housing Corporation (LEGH)vs › | $690.00M | 2.69 | 2.66 | 2.28 | 1.85 |
| Bloomin' Brands, Inc. (BLMN)vs › | $713.60M | 0.18 | 0.24 | 0.25 | 0.26 |
| XMAX, Inc. (XMAX)vs › | $559.38M | 27.57 | 4.02 | 4.02 | 4.02 |
| Solid Power, Inc. (SLDP)vs › | $528.24M | 14.61 | 11.09 | 12.38 | 20.59 |
| Kura Sushi USA, Inc. (KRUS)vs › | $483.45M | 1.20 | 1.71 | 2.01 | 1.99 |
Quick Ratio
0.71
Excludes inventory
Current Ratio
0.83
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) |
|---|---|
| 2026-06-28 | 0.71 |
| 2026-03-29 | 0.72 |
| 2025-12-28 | 0.70 |
| 2025-09-28 | 0.76 |
| 2025-06-29 | 0.69 |
| 2025-03-30 | 0.72 |
| 2024-12-31 | 0.70 |
| 2024-09-29 | 0.66 |
| 2024-06-30 | 0.68 |
| 2024-03-31 | 0.66 |
| 2023-12-31 | 0.64 |
| 2023-09-24 | 0.69 |
| 2023-06-25 | 0.69 |
| 2023-03-26 | 0.77 |
| 2022-12-31 | 0.79 |
| 2022-09-25 | 0.75 |
| 2022-06-26 | 0.81 |
| 2022-03-27 | 0.89 |
| 2021-12-31 | 0.77 |
| 2021-09-26 | 0.75 |
| 2021-06-27 | 0.73 |
| 2021-03-28 | 1.04 |
| 2020-12-31 | 0.96 |
| 2020-09-27 | 0.96 |
| 2020-06-28 | 0.84 |
| 2020-03-29 | 0.72 |
| 2019-12-31 | 0.74 |
| 2019-09-29 | 0.76 |
| 2019-06-30 | 0.79 |
| 2019-03-31 | 0.79 |
| 2018-12-31 | 0.88 |
| 2018-09-30 | 0.75 |
| 2018-07-01 | 0.90 |
| 2018-04-01 | 0.96 |
| 2017-12-31 | 1.05 |
| 2017-09-24 | 1.01 |
| 2017-06-25 | 1.08 |
| 2017-03-26 | 1.02 |
| 2016-12-31 | 0.94 |
| 2016-09-25 | 0.95 |
| 2016-06-26 | 0.96 |
| 2016-03-27 | 1.12 |
| 2015-12-31 | 0.99 |
| 2015-09-27 | 1.08 |
| 2015-06-28 | 1.10 |
| 2015-03-29 | 1.23 |
| 2014-12-31 | 1.20 |
| 2014-09-28 | 1.11 |
| 2014-06-29 | 1.12 |
| 2014-03-30 | 1.08 |
| 2013-12-31 | 1.04 |
| 2013-09-29 | 1.01 |
| 2013-06-30 | 1.23 |
| 2013-03-31 | 1.00 |
| 2012-12-31 | 0.93 |
| 2012-09-23 | 0.87 |
| 2012-06-24 | 0.99 |
| 2012-03-25 | 1.05 |
| 2011-12-31 | 0.92 |
| 2011-09-25 | 0.73 |
| 2011-06-26 | 0.79 |
| 2011-03-27 | 0.71 |
| 2010-12-31 | 1.05 |
| 2010-09-26 | 0.85 |
| 2010-06-27 | 0.45 |
| 2010-03-28 | 0.48 |
| 2009-12-31 | 0.81 |
| 2009-09-27 | 0.90 |
| 2009-06-28 | 0.73 |
| 2009-03-29 | 0.64 |
| 2008-12-31 | 0.58 |
| 2008-09-28 | 0.70 |
| 2008-06-29 | 0.54 |
| 2008-03-30 | 0.52 |
| 2007-12-31 | 0.51 |
| 2007-09-30 | 0.45 |
| 2007-07-01 | 0.62 |
| 2007-04-01 | 0.49 |
| 2006-12-31 | 0.57 |
| 2006-09-24 | 0.47 |
| 2006-06-25 | 0.50 |
| 2006-03-26 | 0.51 |
| 2005-12-31 | 0.65 |
| 2005-09-25 | 0.50 |
| 2005-06-26 | 0.43 |
| 2005-03-27 | 0.34 |
| 2004-12-31 | 0.58 |
| 2004-09-26 | 0.62 |
| 2004-06-27 | 0.60 |
| 2004-03-28 | 0.60 |
| 2003-12-31 | 0.56 |
| 2003-09-28 | 0.53 |
| 2003-06-29 | 0.54 |
| 2003-03-30 | 0.48 |
| 2002-12-31 | 0.55 |
| 2002-09-29 | 0.20 |
