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 2.30 is 18% above its 5-year average of 1.94, near the low end of its 5-year range (1.02–7.31).
As of the fiscal period ended Tuesday, June 30, 2026. 20.19% above its 12-month average of 1.91.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.30.
QUICK RATIO (ACID-TEST)
2.30
QUICK RATIO (ACID-TEST) AVG TTM
1.91
QUICK RATIO (ACID-TEST) AVG 3Y
1.70
QUICK RATIO (ACID-TEST) AVG 5Y
1.94
QUICK RATIO (ACID-TEST) AVG 10Y
1.71
QUICK RATIO (ACID-TEST) AVG 15Y
1.24
QUICK RATIO (ACID-TEST) AVG 20Y
0.90
CURRENT VS TTM AVG
+20.19%
CURRENT VS 3Y AVG
+35.06%
CURRENT VS 5Y AVG
+18.34%
CURRENT VS 10Y AVG
+34.64%
CURRENT VS 15Y AVG
+84.98%
CURRENT VS 20Y AVG
+155.09%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-31.33%
vs the sector median at left
Sanara MedTech Inc.
Market Cap
$321.76M
Quick Ratio (Acid-Test)
2.30
TTM Avg
1.91
3Y Avg
1.70
5Y Avg
1.94
Market Cap
$322.71M
Quick Ratio (Acid-Test)
0.34
TTM Avg
1.47
3Y Avg
4.59
5Y Avg
7.40
Market Cap
$324.76M
Quick Ratio (Acid-Test)
2.44
TTM Avg
4.94
3Y Avg
7.05
5Y Avg
7.05
Market Cap
$318.43M
Quick Ratio (Acid-Test)
5.45
TTM Avg
6.76
3Y Avg
6.92
5Y Avg
7.12
Market Cap
$329.37M
Quick Ratio (Acid-Test)
5.79
TTM Avg
4.46
3Y Avg
8.92
5Y Avg
12.08
Market Cap
$330.19M
Quick Ratio (Acid-Test)
3.87
TTM Avg
3.84
3Y Avg
4.42
5Y Avg
6.10
Market Cap
$309.19M
Quick Ratio (Acid-Test)
34.00
TTM Avg
44.34
3Y Avg
25.02
5Y Avg
19.51
Market Cap
$344.04M
Quick Ratio (Acid-Test)
29.52
TTM Avg
9.54
3Y Avg
9.83
5Y Avg
10.59
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Sanara MedTech Inc. (SMTI) | $321.76M | 2.30 | 1.91 | 1.70 | 1.94 |
| Avita Medical Inc. (RCEL)vs › | $322.71M | 0.34 | 1.47 | 4.59 | 7.40 |
| CapsoVision, Inc. (CV)vs › | $324.76M | 2.44 | 4.94 | 7.05 | 7.05 |
| C4 Therapeutics, Inc. (CCCC)vs › | $318.43M | 5.45 | 6.76 | 6.92 | 7.12 |
| Cabaletta Bio, Inc. (CABA)vs › | $329.37M | 5.79 | 4.46 | 8.92 | 12.08 |
| ClearPoint Neuro, Inc. (CLPT)vs › | $330.19M | 3.87 | 3.84 | 4.42 | 6.10 |
| Agenus Inc. (AGEN)vs › | $311.90M | 0.34 | 0.31 | 0.53 | 0.83 |
| Benitec Biopharma Inc. (BNTC)vs › | $309.19M | 34.00 | 44.34 | 25.02 | 19.51 |
| Relmada Therapeutics, Inc. (RLMD)vs › | $344.04M | 29.52 | 9.54 | 9.83 | 10.59 |
| Turn Therapeutics Inc. (TTRX)vs › | $346.73M | 1.19 | 1.21 | 1.62 | 1.62 |
Quick Ratio
2.30
Excludes inventory
Current Ratio
2.58
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 | 2.30 |
| 2026-03-31 | 2.05 |
| 2025-12-31 | 1.59 |
| 2025-09-30 | 1.60 |
| 2025-06-30 | 2.03 |
| 2025-03-31 | 2.54 |
| 2024-12-31 | 2.00 |
| 2024-09-30 | 2.02 |
| 2024-06-30 | 1.49 |
| 2024-03-31 | 1.02 |
| 2023-12-31 | 1.04 |
| 2023-09-30 | 1.09 |
| 2023-06-30 | 1.39 |
| 2023-03-31 | 1.47 |
| 2022-12-31 | 1.33 |
| 2022-09-30 | 1.83 |
| 2022-06-30 | 2.53 |
| 2022-03-31 | 3.89 |
| 2021-12-31 | 3.75 |
| 2021-09-30 | 6.17 |
| 2021-06-30 | 7.31 |
| 2021-03-31 | 9.69 |
| 2020-12-31 | 0.94 |
| 2020-09-30 | 1.45 |
| 2020-06-30 | 1.46 |
| 2020-03-31 | 2.30 |
| 2019-12-31 | 3.07 |
| 2019-09-30 | 0.41 |
| 2019-06-30 | 0.97 |
| 2019-03-31 | 1.12 |
| 2018-12-31 | 1.27 |
| 2018-09-30 | 2.71 |
| 2018-06-30 | 2.95 |
| 2018-03-31 | 2.92 |
| 2017-12-31 | 0.63 |
| 2017-09-30 | 0.46 |
| 2017-06-30 | 1.32 |
| 2017-03-31 | 1.34 |
| 2016-12-31 | 1.18 |
| 2016-09-30 | 0.79 |
| 2016-06-30 | 0.70 |
| 2016-03-31 | 0.64 |
| 2015-12-31 | 0.51 |
| 2015-09-30 | 0.47 |
| 2015-06-30 | 0.49 |
| 2015-03-31 | 0.30 |
| 2014-12-31 | 0.35 |
| 2014-09-30 | 0.47 |
| 2014-06-30 | 0.60 |
| 2014-03-31 | 0.87 |
| 2013-12-31 | 0.10 |
| 2013-09-30 | 0.06 |
| 2013-06-30 | 0.14 |
| 2013-03-31 | 0.16 |
| 2012-12-31 | 0.12 |
| 2012-09-30 | 0.04 |
| 2012-06-30 | 0.17 |
| 2012-03-31 | 0.11 |
| 2011-12-31 | 0.19 |
| 2011-09-30 | 0.56 |
| 2011-06-30 | 0.82 |
| 2011-03-31 | 0.79 |
| 2010-12-31 | 0.16 |
| 2010-09-30 | 0.15 |
| 2010-06-30 | 0.15 |
| 2010-03-31 | 0.03 |
| 2009-12-31 | 0.01 |
| 2009-09-30 | 0.03 |
| 2009-06-30 | 0.08 |
| 2009-03-31 | 0.12 |
| 2008-12-31 | 0.06 |
| 2008-09-30 | 0.54 |
| 2008-06-30 | 0.54 |
| 2008-03-31 | 0.62 |
| 2007-12-31 | 0.05 |
| 2007-09-30 | 0.05 |
| 2007-06-30 | 0.09 |
| 2007-03-31 | 0.19 |
| 2006-12-31 | 0.19 |
| 2006-09-30 | 0.07 |
| 2006-06-30 | 0.11 |
| 2006-03-31 | 0.07 |
| 2005-12-31 | 0.18 |
| 2005-09-30 | 0.19 |
| 2005-06-30 | 0.19 |
| 2005-03-31 | 0.26 |
| 2004-12-31 | 0.24 |
| 2004-09-30 | 0.52 |
| 2004-06-30 | 0.46 |
| 2004-03-31 | 0.61 |
| 2002-03-31 | 0.02 |
| 2001-12-31 | 0.01 |
| 2001-09-30 | 0.19 |
| 2001-06-30 | 0.25 |
| 2001-03-31 | 0.27 |
| 2000-12-31 | 0.23 |