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 0.34 is 95% below its 5-year average of 6.14, near the low end of its 5-year range (0.34–16.20).
As of the fiscal period ended Tuesday, June 30, 2026. 23.07% below its 12-month average of 0.44.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.34.
QUICK RATIO (ACID-TEST)
0.34
QUICK RATIO (ACID-TEST) AVG TTM
0.44
QUICK RATIO (ACID-TEST) AVG 3Y
3.07
QUICK RATIO (ACID-TEST) AVG 5Y
6.14
QUICK RATIO (ACID-TEST) AVG 10Y
6.49
QUICK RATIO (ACID-TEST) AVG 15Y
5.75
QUICK RATIO (ACID-TEST) AVG 20Y
6.03
CURRENT VS TTM AVG
-23.07%
CURRENT VS 3Y AVG
-89.05%
CURRENT VS 5Y AVG
-94.52%
CURRENT VS 10Y AVG
-94.82%
CURRENT VS 15Y AVG
-94.15%
CURRENT VS 20Y AVG
-94.43%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-89.96%
vs the sector median at left
Avita Medical Inc.
Market Cap
$319.56M
Quick Ratio (Acid-Test)
0.34
TTM Avg
0.44
3Y Avg
3.07
5Y Avg
6.14
Market Cap
$321.44M
Quick Ratio (Acid-Test)
2.30
TTM Avg
1.79
3Y Avg
1.49
5Y Avg
1.77
Market Cap
$322.03M
Quick Ratio (Acid-Test)
5.79
TTM Avg
4.46
3Y Avg
8.92
5Y Avg
12.08
Market Cap
$324.34M
Quick Ratio (Acid-Test)
3.87
TTM Avg
3.84
3Y Avg
4.42
5Y Avg
6.10
Market Cap
$326.76M
Quick Ratio (Acid-Test)
2.44
TTM Avg
4.94
3Y Avg
7.05
5Y Avg
7.05
Market Cap
$312.71M
Quick Ratio (Acid-Test)
5.45
TTM Avg
6.76
3Y Avg
6.92
5Y Avg
7.12
Market Cap
$301.07M
Quick Ratio (Acid-Test)
12.80
TTM Avg
4.01
3Y Avg
4.01
5Y Avg
4.01
Market Cap
$301.29M
Quick Ratio (Acid-Test)
34.00
TTM Avg
44.34
3Y Avg
25.02
5Y Avg
19.51
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Avita Medical Inc. (RCEL) | $319.56M | 0.34 | 0.44 | 3.07 | 6.14 |
| Agenus Inc. (AGEN)vs › | $318.77M | 0.34 | 0.31 | 0.53 | 0.83 |
| Sanara MedTech Inc. (SMTI)vs › | $321.44M | 2.30 | 1.79 | 1.49 | 1.77 |
| Cabaletta Bio, Inc. (CABA)vs › | $322.03M | 5.79 | 4.46 | 8.92 | 12.08 |
| ClearPoint Neuro, Inc. (CLPT)vs › | $324.34M | 3.87 | 3.84 | 4.42 | 6.10 |
| CapsoVision, Inc. (CV)vs › | $326.76M | 2.44 | 4.94 | 7.05 | 7.05 |
| C4 Therapeutics, Inc. (CCCC)vs › | $312.71M | 5.45 | 6.76 | 6.92 | 7.12 |
| Mobia Medical, Inc. Common Stock (MOBI)vs › | $301.07M | 12.80 | 4.01 | 4.01 | 4.01 |
| Benitec Biopharma Inc. (BNTC)vs › | $301.29M | 34.00 | 44.34 | 25.02 | 19.51 |
| Larimar Therapeutics, Inc. (LRMR)vs › | $291.84M | 4.70 | 5.10 | 7.75 | 8.34 |
Quick Ratio
0.34
Excludes inventory
Current Ratio
0.41
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 | 0.34 |
| 2026-03-31 | 0.38 |
| 2025-12-31 | 0.46 |
| 2025-09-30 | 0.55 |
| 2025-06-30 | 0.46 |
| 2025-03-31 | 1.72 |
| 2024-12-31 | 2.47 |
| 2024-09-30 | 3.37 |
| 2024-06-30 | 4.81 |
| 2024-03-31 | 6.64 |
| 2023-12-31 | 7.46 |
| 2023-09-30 | 5.88 |
| 2023-06-30 | 5.39 |
| 2023-03-31 | 6.96 |
| 2022-12-31 | 7.98 |
| 2022-09-30 | 9.44 |
| 2022-06-30 | 11.39 |
| 2022-03-31 | 13.68 |
| 2021-12-31 | 9.84 |
| 2021-09-30 | 13.50 |
| 2021-06-30 | 16.20 |
| 2021-03-31 | 17.25 |
| 2020-12-31 | 8.02 |
| 2020-09-30 | 9.03 |
| 2020-06-30 | 10.02 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 10.02 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 10.63 |
| 2019-03-31 | 5.22 |
| 2018-12-31 | 9.57 |
| 2018-09-30 | 6.74 |
| 2018-06-30 | 7.35 |
| 2018-03-31 | 5.44 |
| 2017-12-31 | 5.00 |
| 2017-09-30 | 7.53 |
| 2017-06-30 | 2.45 |
| 2017-03-31 | 2.45 |
| 2016-12-31 | 5.76 |
| 2016-09-30 | 10.78 |
| 2016-06-30 | 4.08 |
| 2016-03-31 | 4.08 |
| 2015-12-31 | 7.38 |
| 2015-09-30 | 5.07 |
| 2015-06-30 | 5.00 |
| 2015-03-31 | 3.85 |
| 2014-12-31 | 2.62 |
| 2014-09-30 | 1.99 |
| 2014-06-30 | 3.79 |
| 2014-03-31 | 3.58 |
| 2013-12-31 | 5.46 |
| 2013-09-30 | 4.86 |
| 2013-06-30 | 4.90 |
| 2013-03-31 | 4.90 |
| 2012-12-31 | 6.20 |
| 2012-09-30 | 9.39 |
| 2012-06-30 | 4.57 |
| 2012-03-31 | 4.57 |
| 2011-12-31 | 8.46 |
| 2011-06-30 | 9.88 |
| 2010-12-31 | 2.55 |
| 2010-06-30 | 4.25 |
| 2009-12-31 | 6.87 |
| 2009-06-30 | 4.09 |
| 2008-12-31 | 4.97 |
| 2008-06-30 | 4.80 |
| 2007-12-31 | 11.10 |
| 2007-06-30 | 10.69 |
| 2006-12-31 | 13.68 |
| 2006-06-30 | 3.84 |
| 2005-12-31 | 9.34 |
| 2004-12-31 | 10.78 |
| 2004-06-30 | 6.00 |
| 2003-12-31 | 12.77 |
| 2002-12-31 | 21.63 |
| 2001-12-31 | 7.65 |
| 2000-12-31 | 217.98 |
| 1999-12-31 | 49.13 |
| 1998-12-31 | 3.12 |
| 1997-12-31 | 4.79 |