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 1.28 is 23% below its 5-year average of 1.66, near the low end of its 5-year range (1.15–2.38).
As of the fiscal period ended Sunday, June 28, 2026. 29.13% below its 12-month average of 1.81.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.28
QUICK RATIO (ACID-TEST) AVG TTM
1.81
QUICK RATIO (ACID-TEST) AVG 3Y
1.85
QUICK RATIO (ACID-TEST) AVG 5Y
1.66
QUICK RATIO (ACID-TEST) AVG 10Y
1.69
QUICK RATIO (ACID-TEST) AVG 15Y
2.28
QUICK RATIO (ACID-TEST) AVG 20Y
2.69
CURRENT VS TTM AVG
-29.13%
CURRENT VS 3Y AVG
-30.72%
CURRENT VS 5Y AVG
-22.63%
CURRENT VS 10Y AVG
-24.02%
CURRENT VS 15Y AVG
-43.92%
CURRENT VS 20Y AVG
-52.32%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-19.41%
vs the sector median at left
QUALCOMM Incorporated
Market Cap
$182.79B
Quick Ratio (Acid-Test)
1.28
TTM Avg
1.81
3Y Avg
1.85
5Y Avg
1.66
Market Cap
$176.91B
Quick Ratio (Acid-Test)
0.91
TTM Avg
1.52
3Y Avg
1.30
5Y Avg
1.37
Market Cap
$197.41B
Quick Ratio (Acid-Test)
2.62
TTM Avg
1.31
3Y Avg
1.19
5Y Avg
1.21
Market Cap
$164.52B
Quick Ratio (Acid-Test)
0.97
TTM Avg
0.97
3Y Avg
0.97
5Y Avg
0.96
Market Cap
$201.62B
Quick Ratio (Acid-Test)
1.41
TTM Avg
2.12
3Y Avg
1.84
5Y Avg
1.79
Market Cap
$202.79B
Quick Ratio (Acid-Test)
1.11
TTM Avg
1.11
3Y Avg
0.88
5Y Avg
0.80
Market Cap
$204.03B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.91
3Y Avg
0.98
5Y Avg
1.04
Market Cap
$213.85B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| QUALCOMM Incorporated (QCOM) | $182.79B | 1.28 | 1.81 | 1.85 | 1.66 |
| Analog Devices, Inc. (ADI)vs › | $176.91B | 0.91 | 1.52 | 1.30 | 1.37 |
| Shopify Inc. (SHOP)vs › | $174.02B | 5.35 | 4.82 | 5.92 | 8.59 |
| Marvell Technology, Inc. (MRVL)vs › | $197.41B | 2.62 | 1.31 | 1.19 | 1.21 |
| Western Digital Corporation (WDC)vs › | $164.52B | 0.97 | 0.97 | 0.97 | 0.96 |
| Amphenol Corporation (APH)vs › | $201.62B | 1.41 | 2.12 | 1.84 | 1.79 |
| Seagate Technology Holdings plc (STX)vs › | $202.79B | 1.11 | 1.11 | 0.88 | 0.80 |
| Salesforce, Inc. (CRM)vs › | $204.03B | 0.84 | 0.91 | 0.98 | 1.04 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.85B | N/A | 1.72 | 1.69 | 1.84 |
| Uber Technologies, Inc. (UBER)vs › | $148.86B | 0.84 | 1.10 | 1.11 | 1.14 |
Quick Ratio
1.28
Excludes inventory
Current Ratio
2.02
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 | 1.28 |
| 2026-03-29 | 1.61 |
| 2025-12-28 | 1.83 |
| 2025-09-28 | 1.94 |
| 2025-06-29 | 2.38 |
| 2025-03-30 | 2.08 |
| 2024-12-29 | 1.99 |
| 2024-09-30 | 1.79 |
| 2024-06-23 | 1.78 |
| 2024-03-24 | 1.98 |
| 2023-12-24 | 1.88 |
| 2023-09-30 | 1.62 |
| 2023-06-25 | 1.64 |
| 2023-03-26 | 1.55 |
| 2022-12-25 | 1.41 |
| 2022-09-30 | 1.21 |
| 2022-06-26 | 1.15 |
| 2022-03-27 | 1.27 |
| 2021-12-26 | 1.33 |
| 2021-09-30 | 1.41 |
| 2021-06-27 | 1.45 |
| 2021-03-28 | 1.72 |
| 2020-12-27 | 1.87 |
| 2020-09-30 | 1.84 |
| 2020-06-28 | 1.67 |
| 2020-03-29 | 1.39 |
| 2019-12-29 | 1.61 |
| 2019-09-30 | 1.72 |
| 2019-06-30 | 1.61 |
| 2019-03-31 | 1.39 |
| 2018-12-30 | 1.38 |
| 2018-09-30 | 1.40 |
| 2018-06-24 | 2.62 |
| 2018-03-25 | 3.46 |
| 2017-12-24 | 3.25 |
| 2017-09-30 | 3.81 |
| 2017-06-25 | 2.73 |
| 2017-03-26 | 1.46 |
| 2016-12-25 | 1.73 |
| 2016-09-30 | 2.93 |
| 2016-06-26 | 2.87 |
| 2016-03-27 | 2.67 |
| 2015-12-27 | 2.94 |
| 2015-09-30 | 3.38 |
| 2015-06-28 | 4.00 |
| 2015-03-29 | 3.06 |
| 2014-12-28 | 3.28 |
| 2014-09-30 | 3.48 |
| 2014-06-29 | 3.52 |
| 2014-03-30 | 3.37 |
| 2013-12-29 | 3.67 |
| 2013-09-30 | 3.50 |
| 2013-06-30 | 2.83 |
| 2013-03-31 | 3.09 |
| 2012-12-30 | 3.16 |
| 2012-09-30 | 2.76 |
| 2012-06-24 | 2.82 |
| 2012-03-25 | 3.30 |
| 2011-12-25 | 2.67 |
| 2011-09-30 | 2.56 |
| 2011-06-26 | 2.71 |
| 2011-03-27 | 3.25 |
| 2010-12-26 | 2.98 |
| 2010-09-30 | 2.12 |
| 2010-06-27 | 2.15 |
| 2010-03-28 | 3.68 |
| 2009-12-27 | 4.49 |
| 2009-09-30 | 4.31 |
| 2009-06-28 | 4.79 |
| 2009-03-29 | 4.80 |
| 2008-12-28 | 5.07 |
| 2008-09-30 | 4.89 |
| 2008-06-29 | 4.00 |
| 2008-03-30 | 3.80 |
| 2007-12-30 | 4.05 |
| 2007-09-30 | 3.70 |
| 2007-07-01 | 4.11 |
| 2007-04-01 | 4.23 |
| 2006-12-31 | 4.01 |
| 2006-09-30 | 4.78 |
| 2006-06-25 | 5.25 |
| 2006-03-26 | 7.39 |
| 2005-12-25 | 7.07 |
| 2005-09-30 | 7.12 |
| 2005-06-26 | 8.30 |
| 2005-03-27 | 7.36 |
| 2004-12-26 | 7.55 |
| 2004-09-30 | 7.91 |
| 2004-06-27 | 8.68 |
| 2004-03-28 | 8.39 |
| 2003-12-28 | 9.16 |
| 2003-09-30 | 7.22 |
| 2003-06-29 | 6.76 |
| 2003-03-30 | 6.65 |
| 2002-12-29 | 6.51 |
| 2002-09-30 | 5.71 |