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 1.38 is 51% below its 5-year average of 2.82, near the low end of its 5-year range (1.38–4.25).
As of the fiscal period ended Tuesday, March 31, 2026. 30.96% below its 12-month average of 2.01.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.38
QUICK RATIO (ACID-TEST) AVG TTM
2.01
QUICK RATIO (ACID-TEST) AVG 3Y
3.01
QUICK RATIO (ACID-TEST) AVG 5Y
2.82
QUICK RATIO (ACID-TEST) AVG 10Y
3.21
QUICK RATIO (ACID-TEST) AVG 15Y
3.56
QUICK RATIO (ACID-TEST) AVG 20Y
3.59
CURRENT VS TTM AVG
-30.96%
CURRENT VS 3Y AVG
-54.07%
CURRENT VS 5Y AVG
-50.93%
CURRENT VS 10Y AVG
-56.88%
CURRENT VS 15Y AVG
-61.12%
CURRENT VS 20Y AVG
-61.41%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-12.36%
vs the sector median at left
Silicon Motion Technology Corporation
Market Cap
$7.04B
Quick Ratio (Acid-Test)
1.38
TTM Avg
2.01
3Y Avg
3.01
5Y Avg
2.82
Market Cap
$6.75B
Quick Ratio (Acid-Test)
1.84
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
Market Cap
$6.64B
Quick Ratio (Acid-Test)
0.00
TTM Avg
0.75
3Y Avg
0.82
5Y Avg
1.60
Market Cap
$6.51B
Quick Ratio (Acid-Test)
3.60
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Silicon Motion Technology Corporation (SIMO) | $7.04B | 1.38 | 2.01 | 3.01 | 2.82 |
| InterDigital, Inc. (IDCC)vs › | $6.75B | 1.84 | 1.77 | 2.46 | 2.69 |
| UiPath Inc. (PATH)vs › | $6.70B | 2.48 | 2.71 | 3.20 | 3.19 |
| Applied Digital Corp. (APLD)vs › | $6.64B | 0.00 | 0.75 | 0.82 | 1.60 |
| TeraWulf Inc. (WULF)vs › | $7.48B | 2.00 | 3.71 | 1.98 | 2.18 |
| Duolingo, Inc. (DUOL)vs › | $6.53B | 2.61 | 2.61 | 3.07 | 3.32 |
| FormFactor, Inc. (FORM)vs › | $6.51B | 3.60 | 3.71 | 3.32 | 3.10 |
| Plexus Corp. (PLXS)vs › | $6.43B | 0.77 | 0.74 | 0.67 | 0.76 |
| SentinelOne, Inc. (S)vs › | $6.24B | 1.39 | 1.56 | 1.80 | 2.84 |
| Genpact Limited (G)vs › | $6.22B | 1.66 | 1.91 | 1.72 | 1.63 |
Quick Ratio
1.38
Excludes inventory
Current Ratio
2.79
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 | 1.38 |
| 2025-12-31 | 1.54 |
| 2025-09-30 | 2.10 |
| 2025-06-30 | 3.00 |
| 2025-03-30 | 3.37 |
| 2024-12-31 | 2.98 |
| 2024-09-30 | 3.43 |
| 2024-06-30 | 3.04 |
| 2024-03-31 | 2.60 |
| 2023-12-31 | 2.71 |
| 2023-09-30 | 4.25 |
| 2023-06-30 | 3.93 |
| 2023-03-31 | 3.23 |
| 2022-12-31 | 2.72 |
| 2022-09-30 | 2.21 |
| 2022-06-30 | 2.05 |
| 2022-03-31 | 2.11 |
| 2021-12-31 | 2.33 |
| 2021-09-30 | 3.41 |
| 2021-06-30 | 3.16 |
| 2021-03-31 | 3.72 |
| 2020-12-31 | 3.20 |
| 2020-09-30 | 4.49 |
| 2020-06-30 | 4.28 |
| 2020-03-31 | 3.73 |
| 2019-12-31 | 3.79 |
| 2019-09-30 | 5.43 |
| 2019-06-30 | 5.01 |
| 2019-03-31 | 4.43 |
| 2018-12-31 | 3.72 |
| 2018-09-30 | 4.85 |
| 2018-06-30 | 4.13 |
| 2018-03-31 | 3.51 |
| 2017-12-31 | 2.68 |
| 2017-09-30 | 4.18 |
| 2017-06-30 | 3.37 |
| 2017-03-31 | 3.14 |
| 2016-12-31 | 2.77 |
| 2016-09-30 | 2.26 |
| 2016-06-30 | 2.77 |
| 2016-03-31 | 2.89 |
| 2015-12-31 | 3.44 |
| 2015-09-30 | 3.34 |
| 2015-06-30 | 3.91 |
| 2015-03-31 | 4.12 |
| 2014-12-31 | 4.49 |
| 2014-09-30 | 4.09 |
| 2014-06-30 | 4.08 |
| 2014-03-31 | 5.54 |
| 2013-12-31 | 5.23 |
| 2013-09-30 | 4.94 |
| 2013-06-30 | 4.69 |
| 2013-03-31 | 5.02 |
| 2012-12-31 | 4.01 |
| 2012-09-30 | 3.93 |
| 2012-06-30 | 4.50 |
| 2012-03-31 | 4.16 |
| 2011-12-31 | 3.49 |
| 2011-09-30 | 3.92 |
| 2011-06-30 | 3.26 |
| 2011-03-31 | 3.21 |
| 2010-12-31 | 3.35 |
| 2010-09-30 | 2.74 |
| 2010-06-30 | 3.35 |
| 2010-03-31 | 3.84 |
| 2009-12-31 | 3.38 |
| 2009-09-30 | 3.70 |
| 2009-06-30 | 3.58 |
| 2009-03-31 | 3.42 |
| 2008-12-31 | 2.79 |
| 2008-09-30 | 2.69 |
| 2008-06-30 | 3.18 |
| 2008-03-31 | 3.94 |
| 2007-12-31 | 3.30 |
| 2007-09-30 | 4.11 |
| 2007-06-30 | 3.24 |
| 2007-03-31 | 5.39 |
| 2006-12-31 | 4.72 |
| 2006-09-30 | 5.51 |
| 2006-06-30 | 7.36 |
| 2006-03-31 | 8.52 |
| 2005-12-31 | 5.77 |
| 2005-09-30 | 5.87 |
| 2005-06-30 | 5.22 |
| 2005-03-31 | 4.52 |