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 3.00 is 48% above its 5-year average of 2.03, near the high end of its 5-year range (0.98–3.63).
As of the fiscal period ended Tuesday, June 30, 2026. 6.61% below its 12-month average of 3.21.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.00.
QUICK RATIO (ACID-TEST)
3.00
QUICK RATIO (ACID-TEST) AVG TTM
3.21
QUICK RATIO (ACID-TEST) AVG 3Y
2.27
QUICK RATIO (ACID-TEST) AVG 5Y
2.03
QUICK RATIO (ACID-TEST) AVG 10Y
3.07
QUICK RATIO (ACID-TEST) AVG 15Y
2.92
QUICK RATIO (ACID-TEST) AVG 20Y
2.88
CURRENT VS TTM AVG
-6.61%
CURRENT VS 3Y AVG
+32.51%
CURRENT VS 5Y AVG
+47.55%
CURRENT VS 10Y AVG
-2.20%
CURRENT VS 15Y AVG
+2.97%
CURRENT VS 20Y AVG
+4.12%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-10.39%
vs the sector median at left
Rockwell Medical, Inc.
Market Cap
$29.80M
Quick Ratio (Acid-Test)
3.00
TTM Avg
3.21
3Y Avg
2.27
5Y Avg
2.03
Market Cap
$30.17M
Quick Ratio (Acid-Test)
200.08
TTM Avg
9.87
3Y Avg
7.20
5Y Avg
5.25
Market Cap
$29.60M
Quick Ratio (Acid-Test)
5.56
TTM Avg
0.84
3Y Avg
1.72
5Y Avg
2.80
Market Cap
$30.41M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.21
3Y Avg
1.42
5Y Avg
1.87
Market Cap
$29.37M
Quick Ratio (Acid-Test)
5.81
TTM Avg
22.07
3Y Avg
14.94
5Y Avg
12.78
Market Cap
$29.17M
Quick Ratio (Acid-Test)
0.16
TTM Avg
1.60
3Y Avg
1.34
5Y Avg
1.09
Market Cap
$30.37M
Quick Ratio (Acid-Test)
9.65
TTM Avg
5.02
3Y Avg
5.18
5Y Avg
5.41
Market Cap
$29.20M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rockwell Medical, Inc. (RMTI) | $29.80M | 3.00 | 3.21 | 2.27 | 2.03 |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.17M | 200.08 | 9.87 | 7.20 | 5.25 |
| Quantum Cyber N.V. (QUCY)vs › | $29.60M | 5.56 | 0.84 | 1.72 | 2.80 |
| MDxHealth S.A. (MDXH)vs › | $30.41M | 0.98 | 1.21 | 1.42 | 1.87 |
| Context Therapeutics Inc. (CNTX)vs › | $29.37M | 5.81 | 22.07 | 14.94 | 12.78 |
| CervoMed Inc. (CRVO)vs › | $30.28M | 8.57 | 7.97 | 5.03 | 6.79 |
| GridAI Technologies Corp. (GRDX)vs › | $29.17M | 0.16 | 1.60 | 1.34 | 1.09 |
| SCYNEXIS, Inc. (SCYX)vs › | $30.37M | 9.65 | 5.02 | 5.18 | 5.41 |
| BeyondSpring Inc. (BYSI)vs › | $29.20M | 0.70 | 2.07 | 2.92 | 4.15 |
| Tevogen Bio Holdings Inc. (TVGN)vs › | $28.86M | 0.33 | 0.24 | 0.87 | 2.84 |
Quick Ratio
3.00
Excludes inventory
Current Ratio
3.25
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 | 3.00 |
| 2026-03-31 | 3.43 |
| 2025-12-31 | 3.63 |
| 2025-09-30 | 3.50 |
| 2025-06-30 | 2.51 |
| 2025-03-31 | 2.50 |
| 2024-12-31 | 2.22 |
| 2024-09-30 | 2.00 |
| 2024-06-30 | 1.60 |
| 2024-03-31 | 1.38 |
| 2023-12-31 | 1.38 |
| 2023-09-30 | 1.06 |
| 2023-06-30 | 1.25 |
| 2023-03-31 | 1.60 |
| 2022-12-31 | 1.67 |
| 2022-09-30 | 1.93 |
| 2022-06-30 | 2.27 |
| 2022-03-31 | 0.98 |
| 2021-12-31 | 1.49 |
| 2021-09-30 | 1.93 |
| 2021-06-30 | 1.40 |
| 2021-03-31 | 4.91 |
| 2020-12-31 | 5.12 |
| 2020-09-30 | 5.83 |
| 2020-06-30 | 4.09 |
| 2020-03-31 | 4.13 |
| 2019-12-31 | 2.69 |
| 2019-09-30 | 2.98 |
| 2019-06-30 | 2.99 |
| 2019-03-31 | 2.30 |
| 2018-12-31 | 3.24 |
| 2018-09-30 | 2.16 |
| 2018-06-30 | 2.76 |
| 2018-03-31 | 4.23 |
| 2017-12-31 | 4.51 |
| 2017-09-30 | 6.08 |
| 2017-06-30 | 6.53 |
| 2017-03-31 | 5.90 |
| 2016-12-31 | 6.54 |
| 2016-09-30 | 9.30 |
| 2016-06-30 | 7.95 |
| 2016-03-31 | 9.56 |
| 2015-12-31 | 9.49 |
| 2015-09-30 | 9.50 |
| 2015-06-30 | 11.68 |
| 2015-03-31 | 8.59 |
| 2014-12-31 | 9.26 |
| 2014-09-30 | 0.98 |
| 2014-06-30 | 1.23 |
| 2014-03-31 | 1.38 |
| 2013-12-31 | 1.63 |
| 2013-09-30 | 2.00 |
| 2013-06-30 | 2.76 |
| 2013-03-31 | 0.40 |
| 2012-12-31 | 0.39 |
| 2012-09-30 | 0.75 |
| 2012-06-30 | 1.53 |
| 2012-03-31 | 2.27 |
| 2011-12-31 | 1.71 |
| 2011-09-30 | 2.69 |
| 2011-06-30 | 4.38 |
| 2011-03-31 | 4.43 |
| 2010-12-31 | 4.63 |
| 2010-09-30 | 5.98 |
| 2010-06-30 | 4.93 |
| 2010-03-31 | 4.98 |
| 2009-12-31 | 4.85 |
| 2009-09-30 | 1.19 |
| 2009-06-30 | 1.34 |
| 2009-03-31 | 1.61 |
| 2008-12-31 | 1.59 |
| 2008-09-30 | 1.98 |
| 2008-06-30 | 2.85 |
| 2008-03-31 | 3.13 |
| 2007-12-31 | 3.47 |
| 2007-09-30 | 0.89 |
| 2007-06-30 | 0.89 |
| 2007-03-31 | 1.00 |
| 2006-12-31 | 1.44 |
| 2006-09-30 | 1.88 |
| 2006-06-30 | 2.84 |
| 2006-03-31 | 3.40 |
| 2005-12-31 | 0.71 |
| 2005-09-30 | 0.79 |
| 2005-06-30 | 0.74 |
| 2005-03-31 | 0.69 |
| 2004-12-31 | 0.75 |
| 2004-09-30 | 0.81 |
| 2004-06-30 | 0.83 |
| 2004-03-31 | 0.76 |
| 2003-12-31 | 0.81 |
| 2003-09-30 | 0.79 |
| 2003-06-30 | 0.65 |
| 2003-03-31 | 0.69 |
| 2002-12-31 | 0.71 |
| 2002-09-30 | 0.48 |