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 1.13 is 58% below its 5-year average of 2.70, near the low end of its 5-year range (1.13–4.25).
As of the fiscal period ended Tuesday, June 30, 2026. 38.41% below its 12-month average of 1.83.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.13.
QUICK RATIO (ACID-TEST)
1.13
QUICK RATIO (ACID-TEST) AVG TTM
1.83
QUICK RATIO (ACID-TEST) AVG 3Y
2.73
QUICK RATIO (ACID-TEST) AVG 5Y
2.70
QUICK RATIO (ACID-TEST) AVG 10Y
3.22
QUICK RATIO (ACID-TEST) AVG 15Y
3.53
QUICK RATIO (ACID-TEST) AVG 20Y
3.59
CURRENT VS TTM AVG
-38.41%
CURRENT VS 3Y AVG
-58.68%
CURRENT VS 5Y AVG
-58.23%
CURRENT VS 10Y AVG
-65.02%
CURRENT VS 15Y AVG
-68.05%
CURRENT VS 20Y AVG
-68.59%
SECTOR MEDIAN · TECHNOLOGY
1.60
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-29.56%
vs the sector median at left
Silicon Motion Technology Corporation
Market Cap
$9.55B
Quick Ratio (Acid-Test)
1.13
TTM Avg
1.83
3Y Avg
2.73
5Y Avg
2.70
Market Cap
$9.56B
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.46
3Y Avg
2.12
5Y Avg
2.05
Market Cap
$9.87B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$9.04B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.77
3Y Avg
2.46
5Y Avg
2.69
Market Cap
$8.96B
Quick Ratio (Acid-Test)
3.34
TTM Avg
3.71
3Y Avg
3.32
5Y Avg
3.10
Market Cap
$8.45B
Quick Ratio (Acid-Test)
2.13
TTM Avg
1.58
3Y Avg
1.27
5Y Avg
1.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Silicon Motion Technology Corporation (SIMO) | $9.55B | 1.13 | 1.83 | 2.73 | 2.70 |
| Viavi Solutions Inc. (VIAV)vs › | $9.56B | 1.62 | 1.46 | 2.12 | 2.05 |
| Rambus Inc. (RMBS)vs › | $9.43B | 9.08 | 7.87 | 6.60 | 6.15 |
| Paycom Software, Inc. (PAYC)vs › | $9.87B | 1.07 | 1.10 | 1.11 | 1.11 |
| InterDigital, Inc. (IDCC)vs › | $9.04B | 1.74 | 1.77 | 2.46 | 2.69 |
| FormFactor, Inc. (FORM)vs › | $8.96B | 3.34 | 3.71 | 3.32 | 3.10 |
| Elastic N.V. (ESTC)vs › | $8.67B | 1.81 | 1.75 | 1.76 | 1.74 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.45B | 2.13 | 1.58 | 1.27 | 1.16 |
| GitLab Inc. (GTLB)vs › | $7.94B | 2.41 | 2.50 | 2.60 | 2.89 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.45B | 1.17 | 1.22 | 1.18 | 1.17 |
Quick Ratio
1.13
Excludes inventory
Current Ratio
2.52
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 | 1.13 |
| 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 |