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 6.20 is 25% below its 5-year average of 8.24, near the low end of its 5-year range (3.70–17.13).
As of the fiscal period ended Tuesday, March 31, 2026. 31.11% above its 12-month average of 4.73.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
6.20
QUICK RATIO (ACID-TEST) AVG TTM
4.73
QUICK RATIO (ACID-TEST) AVG 3Y
5.89
QUICK RATIO (ACID-TEST) AVG 5Y
8.24
QUICK RATIO (ACID-TEST) AVG 10Y
9.50
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+31.11%
CURRENT VS 3Y AVG
+5.27%
CURRENT VS 5Y AVG
-24.81%
CURRENT VS 10Y AVG
-34.77%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+292.17%
vs the sector median at left
Market Cap
$134.23B
Quick Ratio (Acid-Test)
1.14
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.14
Market Cap
$134.04B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.91
3Y Avg
0.98
5Y Avg
1.04
Market Cap
$131.68B
Quick Ratio (Acid-Test)
3.32
TTM Avg
2.75
3Y Avg
2.64
5Y Avg
2.79
Market Cap
$170.10B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.31
3Y Avg
1.19
5Y Avg
1.21
Market Cap
$175.99B
Quick Ratio (Acid-Test)
1.94
TTM Avg
1.86
3Y Avg
1.64
5Y Avg
1.63
Market Cap
$179.17B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.97
3Y Avg
0.96
5Y Avg
1.07
Market Cap
$181.13B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.52
3Y Avg
1.30
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | $147.61B | 6.20 | 4.73 | 5.89 | 8.24 |
| Uber Technologies, Inc. (UBER)vs › | $134.23B | 1.14 | 1.10 | 1.11 | 1.14 |
| Salesforce, Inc. (CRM)vs › | $134.04B | 0.76 | 0.91 | 0.98 | 1.04 |
| AppLovin Corporation (APP)vs › | $131.68B | 3.32 | 2.75 | 2.64 | 2.79 |
| Corning Inc (GLW)vs › | $126.24B | 1.04 | 1.06 | 1.01 | 1.10 |
| Marvell Technology, Inc. (MRVL)vs › | $170.10B | 1.58 | 1.31 | 1.19 | 1.21 |
| QUALCOMM Incorporated (QCOM)vs › | $175.99B | 1.94 | 1.86 | 1.64 | 1.63 |
| Western Digital Corporation (WDC)vs › | $179.17B | 0.84 | 0.97 | 0.96 | 1.07 |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 1.68 | 1.52 | 1.30 | 1.37 |
| Fortinet, Inc. (FTNT)vs › | $111.63B | 1.09 | 1.24 | 1.17 | 1.26 |
Quick Ratio
6.20
Excludes inventory
Current Ratio
5.96
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) |
|---|---|
| 2026-03-31 | 6.20 |
| 2025-12-31 | 5.94 |
| 2025-09-30 | 3.93 |
| 2025-06-30 | 3.85 |
| 2025-03-31 | 3.71 |
| 2024-12-31 | 3.70 |
| 2024-09-30 | 7.10 |
| 2024-06-30 | 7.32 |
| 2024-03-31 | 7.14 |
| 2023-12-31 | 6.97 |
| 2023-09-30 | 7.23 |
| 2023-06-30 | 6.71 |
| 2023-03-31 | 6.71 |
| 2022-12-31 | 7.07 |
| 2022-09-30 | 6.64 |
| 2022-06-30 | 11.17 |
| 2022-03-31 | 11.84 |
| 2021-12-31 | 12.15 |
| 2021-09-30 | 13.97 |
| 2021-06-30 | 16.55 |
| 2021-03-31 | 17.13 |
| 2020-12-31 | 15.69 |
| 2020-09-30 | 17.87 |
| 2020-06-30 | 13.69 |
| 2020-03-31 | 9.45 |
| 2019-12-31 | 8.67 |
| 2019-09-30 | 11.21 |
| 2019-06-30 | 11.44 |
| 2019-03-31 | 12.57 |
| 2018-12-31 | 15.35 |
| 2018-09-30 | 11.82 |
| 2018-06-30 | 12.89 |
| 2018-03-31 | 14.88 |
| 2017-12-31 | 10.82 |
| 2017-09-30 | 10.64 |
| 2017-06-30 | 11.80 |
| 2017-03-31 | 5.65 |
| 2016-12-31 | 6.36 |
| 2016-09-30 | 6.91 |
| 2016-06-30 | 3.94 |
| 2016-03-31 | 4.78 |
| 2015-12-31 | 5.44 |
| 2015-09-30 | 6.86 |
| 2015-06-30 | 7.28 |
| 2015-03-31 | 2.78 |
| 2014-12-31 | 3.46 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
