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 3.20 is 40% below its 5-year average of 5.31, near the low end of its 5-year range (2.64–21.68).
As of the fiscal period ended Tuesday, June 30, 2026. 13.07% below its 12-month average of 3.69.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.20.
QUICK RATIO (ACID-TEST)
3.20
QUICK RATIO (ACID-TEST) AVG TTM
3.69
QUICK RATIO (ACID-TEST) AVG 3Y
4.33
QUICK RATIO (ACID-TEST) AVG 5Y
5.31
QUICK RATIO (ACID-TEST) AVG 10Y
8.96
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.07%
CURRENT VS 3Y AVG
-26.07%
CURRENT VS 5Y AVG
-39.63%
CURRENT VS 10Y AVG
-64.24%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-4.48%
vs the sector median at left
Rhythm Pharmaceuticals, Inc.
Market Cap
$6.23B
Quick Ratio (Acid-Test)
3.20
TTM Avg
3.69
3Y Avg
4.33
5Y Avg
5.31
Market Cap
$6.48B
Quick Ratio (Acid-Test)
1.44
TTM Avg
1.17
3Y Avg
1.11
5Y Avg
1.26
Market Cap
$5.95B
Quick Ratio (Acid-Test)
30.96
TTM Avg
15.27
3Y Avg
11.45
5Y Avg
10.17
Market Cap
$6.51B
Quick Ratio (Acid-Test)
2.89
TTM Avg
3.87
3Y Avg
3.94
5Y Avg
3.31
Market Cap
$6.57B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.56
3Y Avg
2.48
5Y Avg
3.39
Market Cap
$5.87B
Quick Ratio (Acid-Test)
3.49
TTM Avg
3.21
3Y Avg
3.75
5Y Avg
4.96
Market Cap
$6.63B
Quick Ratio (Acid-Test)
7.27
TTM Avg
10.13
3Y Avg
10.82
5Y Avg
12.77
Market Cap
$6.66B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.19
3Y Avg
1.21
5Y Avg
1.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Rhythm Pharmaceuticals, Inc. (RYTM) | $6.23B | 3.20 | 3.69 | 4.33 | 5.31 |
| Amneal Pharmaceuticals, Inc. (AMRX)vs › | $6.48B | 1.44 | 1.17 | 1.11 | 1.26 |
| Ligand Pharmaceuticals Incorporated (LGND)vs › | $5.95B | 30.96 | 15.27 | 11.45 | 10.17 |
| Lantheus Holdings, Inc. (LNTH)vs › | $6.51B | 2.89 | 3.87 | 3.94 | 3.31 |
| GRAIL Inc. (GRAL)vs › | $5.89B | 10.74 | 11.09 | 6.26 | 5.77 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.57B | 0.87 | 1.56 | 2.48 | 3.39 |
| Kiniksa Pharmaceuticals International, plc (KNSA)vs › | $5.87B | 3.49 | 3.21 | 3.75 | 4.96 |
| Immunovant, Inc. (IMVT)vs › | $6.63B | 7.27 | 10.13 | 10.82 | 12.77 |
| Chemed Corporation (CHE)vs › | $6.66B | 0.89 | 1.19 | 1.21 | 1.11 |
| Iovance Biotherapeutics, Inc. (IOVA)vs › | $5.79B | 3.82 | 3.07 | 3.52 | 5.23 |
Quick Ratio
3.20
Excludes inventory
Current Ratio
3.45
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 | 3.20 |
| 2026-03-31 | 3.89 |
| 2025-12-31 | 4.16 |
| 2025-09-30 | 4.53 |
| 2025-06-30 | 2.64 |
| 2025-03-31 | 3.13 |
| 2024-12-31 | 3.08 |
| 2024-09-30 | 3.34 |
| 2024-06-30 | 6.31 |
| 2024-03-31 | 4.20 |
| 2023-12-31 | 5.43 |
| 2023-09-30 | 6.41 |
| 2023-06-30 | 6.02 |
| 2023-03-31 | 6.79 |
| 2022-12-31 | 8.83 |
| 2022-09-30 | 10.89 |
| 2022-06-30 | 5.56 |
| 2022-03-31 | 5.36 |
| 2021-12-31 | 7.10 |
| 2021-09-30 | 14.30 |
| 2021-06-30 | 21.68 |
| 2021-03-31 | 24.46 |
| 2020-12-31 | 10.10 |
| 2020-09-30 | 13.25 |
| 2020-06-30 | 15.96 |
| 2020-03-31 | 15.14 |
| 2019-12-31 | 12.38 |
| 2019-09-30 | 6.78 |
| 2019-06-30 | 7.80 |
| 2019-03-31 | 18.32 |
| 2018-12-31 | 19.05 |
| 2018-09-30 | 35.44 |
| 2018-06-30 | 40.12 |
| 2018-03-31 | 24.81 |
| 2017-12-31 | 22.42 |
| 2017-09-30 | 5.87 |
| 2017-06-30 | 8.04 |
| 2017-03-31 | 5.96 |
| 2016-12-31 | 2.36 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 6.73 |
| 2015-09-30 | 12.48 |
| 2015-06-30 | 0.23 |
| 2015-03-31 | 0.23 |
| 2014-12-31 | 0.35 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 4.37 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 5.93 |
