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 8.92 is 111% above its 3-year average of 4.24, near the high end of its 3-year range (0.00–10.04).
As of the fiscal period ended Tuesday, June 30, 2026. 5.04% above its 12-month average of 8.49.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.92.
QUICK RATIO (ACID-TEST)
8.92
QUICK RATIO (ACID-TEST) AVG TTM
8.49
QUICK RATIO (ACID-TEST) AVG 3Y
4.56
QUICK RATIO (ACID-TEST) AVG 5Y
N/A
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.04%
CURRENT VS 3Y AVG
+95.53%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+637.35%
vs the sector median at left
Shoulder Innovations, Inc.
Market Cap
$376.61M
Quick Ratio (Acid-Test)
8.92
TTM Avg
8.49
3Y Avg
4.56
5Y Avg
N/A
Market Cap
$45.05M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
Market Cap
$1.14B
Quick Ratio (Acid-Test)
0.81
TTM Avg
2.16
3Y Avg
2.71
5Y Avg
2.89
Market Cap
$1.91B
Quick Ratio (Acid-Test)
1.07
TTM Avg
0.89
3Y Avg
0.95
5Y Avg
0.97
Market Cap
$2.99B
Quick Ratio (Acid-Test)
6.07
TTM Avg
7.05
3Y Avg
8.10
5Y Avg
8.04
Market Cap
$5.10B
Quick Ratio (Acid-Test)
2.79
TTM Avg
2.90
3Y Avg
2.74
5Y Avg
2.21
Market Cap
$5.59B
Quick Ratio (Acid-Test)
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shoulder Innovations, Inc. (SI) | $376.61M | 8.92 | 8.49 | 4.56 | N/A |
| NRC Health (NRC)vs › | $463.35M | 0.65 | 0.55 | 0.77 | 1.10 |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | 0.57 | 2.81 | 4.44 | 7.47 |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | 0.81 | 2.16 | 2.71 | 2.89 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 1.07 | 0.89 | 0.95 | 0.97 |
| TransMedics Group, Inc. (TMDX)vs › | $2.99B | 6.07 | 7.05 | 8.10 | 8.04 |
| Doximity, Inc. (DOCS)vs › | $4.88B | 6.08 | 6.53 | 6.56 | 6.07 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 2.79 | 2.90 | 2.74 | 2.21 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | 7.02 | 8.28 | 8.59 | 7.77 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | 0.87 | 1.56 | 2.48 | 3.39 |
Quick Ratio
8.92
Excludes inventory
Current Ratio
10.71
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 | 8.92 |
| 2026-03-31 | 10.04 |
| 2025-12-31 | 9.55 |
| 2025-09-30 | 9.80 |
| 2025-06-30 | 4.15 |
| 2025-03-31 | 5.22 |
| 2024-12-31 | 2.77 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | 8.85 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 0.00 |
