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 1.56 is 44% below its 5-year average of 2.78, near the low end of its 5-year range (1.56–7.35).
As of the fiscal period ended Tuesday, June 30, 2026. 20.38% below its 12-month average of 1.96.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.56.
QUICK RATIO (ACID-TEST)
1.56
QUICK RATIO (ACID-TEST) AVG TTM
1.96
QUICK RATIO (ACID-TEST) AVG 3Y
2.34
QUICK RATIO (ACID-TEST) AVG 5Y
2.78
QUICK RATIO (ACID-TEST) AVG 10Y
5.33
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-20.38%
CURRENT VS 3Y AVG
-33.37%
CURRENT VS 5Y AVG
-43.96%
CURRENT VS 10Y AVG
-70.78%
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
-53.48%
vs the sector median at left
Ultragenyx Pharmaceutical Inc.
Market Cap
$1.42B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.96
3Y Avg
2.34
5Y Avg
2.78
Market Cap
$1.42B
Quick Ratio (Acid-Test)
5.61
TTM Avg
9.29
3Y Avg
11.65
5Y Avg
16.84
Market Cap
$1.40B
Quick Ratio (Acid-Test)
17.76
TTM Avg
8.82
3Y Avg
5.82
5Y Avg
10.42
Market Cap
$1.40B
Quick Ratio (Acid-Test)
11.11
TTM Avg
12.01
3Y Avg
12.01
5Y Avg
12.01
Market Cap
$1.40B
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.45B
Quick Ratio (Acid-Test)
2.94
TTM Avg
3.04
3Y Avg
2.84
5Y Avg
2.90
Market Cap
$1.39B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.17
3Y Avg
1.13
5Y Avg
1.04
Market Cap
$1.46B
Quick Ratio (Acid-Test)
18.31
TTM Avg
12.63
3Y Avg
8.12
5Y Avg
8.12
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ultragenyx Pharmaceutical Inc. (RARE) | $1.42B | 1.56 | 1.96 | 2.34 | 2.78 |
| AnaptysBio, Inc. (ANAB)vs › | $1.42B | 5.61 | 9.29 | 11.65 | 16.84 |
| Certara, Inc. (CERT)vs › | $1.44B | 2.55 | 2.09 | 2.53 | 2.95 |
| Taysha Gene Therapies, Inc. (TSHA)vs › | $1.40B | 17.76 | 8.82 | 5.82 | 10.42 |
| Kailera Therapeutics, Inc. (KLRA)vs › | $1.40B | 11.11 | 12.01 | 12.01 | 12.01 |
| Braveheart Bio, Inc. (BRVE)vs › | $1.40B | N/A | N/A | N/A | N/A |
| Healthcare Services Group, Inc. (HCSG)vs › | $1.45B | 2.94 | 3.04 | 2.84 | 2.90 |
| The Pennant Group, Inc. (PNTG)vs › | $1.39B | 1.20 | 1.17 | 1.13 | 1.04 |
| Maze Therapeutics, Inc. (MAZE)vs › | $1.46B | 18.31 | 12.63 | 8.12 | 8.12 |
| GH Research PLC (GHRS)vs › | $1.48B | 28.70 | 25.68 | 28.23 | 39.61 |
Quick Ratio
1.56
Excludes inventory
Current Ratio
1.73
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 | 1.56 |
| 2026-03-31 | 1.85 |
| 2025-12-31 | 2.34 |
| 2025-09-30 | 1.74 |
| 2025-06-30 | 2.30 |
| 2025-03-31 | 2.24 |
| 2024-12-31 | 2.24 |
| 2024-09-30 | 2.65 |
| 2024-06-30 | 3.39 |
| 2024-03-31 | 2.28 |
| 2023-12-31 | 2.49 |
| 2023-09-30 | 2.23 |
| 2023-06-30 | 2.76 |
| 2023-03-31 | 3.39 |
| 2022-12-31 | 3.28 |
| 2022-09-30 | 4.36 |
| 2022-06-30 | 2.98 |
| 2022-03-31 | 4.12 |
| 2021-12-31 | 4.63 |
| 2021-09-30 | 6.12 |
| 2021-06-30 | 7.35 |
| 2021-03-31 | 8.33 |
| 2020-12-31 | 6.76 |
| 2020-09-30 | 4.26 |
| 2020-06-30 | 4.07 |
| 2020-03-31 | 4.49 |
| 2019-12-31 | 8.13 |
| 2019-09-30 | 6.64 |
| 2019-06-30 | 9.14 |
| 2019-03-31 | 11.60 |
| 2018-12-31 | 6.90 |
| 2018-09-30 | 8.43 |
| 2018-06-30 | 8.23 |
| 2018-03-31 | 10.06 |
| 2017-12-31 | 3.43 |
| 2017-09-30 | 6.08 |
| 2017-06-30 | 6.70 |
| 2017-03-31 | 8.59 |
| 2016-12-31 | 8.27 |
| 2016-09-30 | 9.37 |
| 2016-06-30 | 12.85 |
| 2016-03-31 | 14.40 |
| 2015-12-31 | 16.13 |
| 2015-09-30 | 23.53 |
| 2015-06-30 | 14.61 |
| 2015-03-31 | 24.61 |
| 2014-12-31 | 14.98 |
| 2014-09-30 | 18.67 |
| 2014-06-30 | 17.69 |
| 2014-03-31 | 24.91 |
| 2013-12-31 | 9.33 |
| 2013-09-30 | 11.89 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 27.12 |