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 2.06 is 143% above its 5-year average of 0.85, near the high end of its 5-year range (0.01–2.17).
As of the fiscal period ended Tuesday, June 30, 2026. 36.00% above its 12-month average of 1.51.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.06.
QUICK RATIO (ACID-TEST)
2.06
QUICK RATIO (ACID-TEST) AVG TTM
1.51
QUICK RATIO (ACID-TEST) AVG 3Y
0.90
QUICK RATIO (ACID-TEST) AVG 5Y
0.85
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+36.00%
CURRENT VS 3Y AVG
+129.76%
CURRENT VS 5Y AVG
+143.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-38.57%
vs the sector median at left
QT Imaging Holdings, Inc.
Market Cap
$35.39M
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.51
3Y Avg
0.90
5Y Avg
0.85
Market Cap
$35.56M
Quick Ratio (Acid-Test)
2.77
TTM Avg
2.09
3Y Avg
1.85
5Y Avg
2.65
Market Cap
$35.02M
Quick Ratio (Acid-Test)
7.07
TTM Avg
2.75
3Y Avg
16.37
5Y Avg
28.22
Market Cap
$35.93M
Quick Ratio (Acid-Test)
2.76
TTM Avg
5.79
3Y Avg
4.84
5Y Avg
5.49
Market Cap
$36.32M
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.16
3Y Avg
0.31
5Y Avg
0.42
Market Cap
$33.85M
Quick Ratio (Acid-Test)
11.47
TTM Avg
9.93
3Y Avg
10.68
5Y Avg
16.03
Market Cap
$33.63M
Quick Ratio (Acid-Test)
0.06
TTM Avg
0.11
3Y Avg
0.26
5Y Avg
0.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| QT Imaging Holdings, Inc. (QTI) | $35.39M | 2.06 | 1.51 | 0.90 | 0.85 |
| Elicio Therapeutics, Inc. (ELTX)vs › | $35.56M | 2.77 | 2.09 | 1.85 | 2.65 |
| BriaCell Therapeutics Corp. (BCTX)vs › | $35.02M | 7.07 | 2.75 | 16.37 | 28.22 |
| DocGo Inc. (DCGO)vs › | $34.99M | 1.66 | 2.38 | 2.35 | 2.72 |
| Edesa Biotech, Inc. (EDSA)vs › | $35.93M | 2.76 | 5.79 | 4.84 | 5.49 |
| EUDA Health Holdings Limited (EUDA)vs › | $36.32M | 0.18 | 0.16 | 0.31 | 0.42 |
| Elutia Inc (ELUT)vs › | $34.04M | 1.64 | 1.38 | 1.12 | 1.30 |
| Grace Therapeutics, Inc. (GRCE)vs › | $33.85M | 11.47 | 9.93 | 10.68 | 16.03 |
| Scilex Holding Company (SCLX)vs › | $33.63M | 0.06 | 0.11 | 0.26 | 0.23 |
| Aligos Therapeutics, Inc. (ALGS)vs › | $33.00M | 2.19 | 3.38 | 4.17 | 5.03 |
Quick Ratio
2.06
Excludes inventory
Current Ratio
3.10
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 | 2.06 |
| 2026-03-31 | 1.69 |
| 2025-12-31 | 2.17 |
| 2025-09-30 | 0.47 |
| 2025-06-30 | 1.18 |
| 2025-03-31 | 1.31 |
| 2024-12-31 | 0.18 |
| 2024-09-30 | 0.48 |
| 2024-06-30 | 0.40 |
| 2024-03-31 | 1.67 |
| 2023-12-31 | 0.01 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.01 |
| 2023-03-31 | 0.07 |
| 2022-12-31 | 0.06 |
| 2022-09-30 | 0.32 |
| 2022-06-30 | 0.37 |
| 2022-03-31 | 1.09 |
| 2021-12-31 | 1.54 |
| 2021-09-30 | 1.82 |
| 2021-02-28 | 0.94 |
