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 0.94 is 59% below its 5-year average of 2.29, near the low end of its 5-year range (0.94–5.15).
As of the fiscal period ended Friday, July 31, 2026. 21.68% below its 12-month average of 1.20.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2027 (2026-07-31): 0.94.
QUICK RATIO (ACID-TEST)
0.94
QUICK RATIO (ACID-TEST) AVG TTM
1.20
QUICK RATIO (ACID-TEST) AVG 3Y
1.59
QUICK RATIO (ACID-TEST) AVG 5Y
2.29
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
-21.68%
CURRENT VS 3Y AVG
-40.92%
CURRENT VS 5Y AVG
-58.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-40.95%
vs the sector median at left
Snowflake Inc.
Market Cap
$117.58B
Quick Ratio (Acid-Test)
0.94
TTM Avg
1.20
3Y Avg
1.59
5Y Avg
2.29
Market Cap
$118.54B
Quick Ratio (Acid-Test)
1.82
TTM Avg
2.42
3Y Avg
3.27
5Y Avg
4.64
Market Cap
$108.96B
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
Market Cap
$126.70B
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.24
3Y Avg
1.17
5Y Avg
1.26
Market Cap
$107.68B
Quick Ratio (Acid-Test)
4.30
TTM Avg
2.75
3Y Avg
2.64
5Y Avg
2.79
Market Cap
$143.87B
Quick Ratio (Acid-Test)
0.70
TTM Avg
1.05
3Y Avg
1.07
5Y Avg
1.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $117.58B | 0.94 | 1.20 | 1.59 | 2.29 |
| Cloudflare, Inc. (NET)vs › | $118.54B | 1.82 | 2.42 | 3.27 | 4.64 |
| Accenture plc (ACN)vs › | $116.24B | 1.34 | 1.26 | 1.26 | 1.28 |
| Automatic Data Processing, Inc. (ADP)vs › | $108.96B | 0.17 | 0.61 | 0.80 | 0.88 |
| Fortinet, Inc. (FTNT)vs › | $126.70B | 1.19 | 1.24 | 1.17 | 1.26 |
| Corning Inc (GLW)vs › | $127.06B | 1.24 | 1.06 | 1.01 | 1.10 |
| AppLovin Corporation (APP)vs › | $107.68B | 4.30 | 2.75 | 2.64 | 2.79 |
| Adobe Inc. (ADBE)vs › | $100.18B | 0.77 | 1.04 | 1.13 | 1.15 |
| ServiceNow, Inc. (NOW)vs › | $143.87B | 0.70 | 1.05 | 1.07 | 1.09 |
| Uber Technologies, Inc. (UBER)vs › | $144.87B | 0.84 | 1.10 | 1.11 | 1.14 |
Quick Ratio
0.94
Excludes inventory
Current Ratio
0.94
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) |
|---|---|
| 2026-07-31 | 0.94 |
| 2026-04-30 | 1.00 |
| 2026-01-31 | 1.30 |
| 2025-10-31 | 1.32 |
| 2025-07-31 | 1.44 |
| 2025-04-30 | 1.54 |
| 2025-01-31 | 1.75 |
| 2024-10-31 | 1.85 |
| 2024-07-31 | 1.55 |
| 2024-04-30 | 1.71 |
| 2024-01-31 | 1.85 |
| 2023-10-31 | 2.12 |
| 2023-07-31 | 2.30 |
| 2023-04-30 | 2.42 |
| 2023-01-31 | 2.50 |
| 2022-10-31 | 3.08 |
| 2022-07-31 | 3.21 |
| 2022-04-30 | 3.18 |
| 2022-01-31 | 3.29 |
| 2021-10-31 | 4.49 |
| 2021-07-31 | 5.15 |
| 2021-04-30 | 5.43 |
| 2021-01-31 | 5.45 |
| 2020-10-31 | 9.11 |
| 2020-07-31 | 1.66 |
| 2020-04-30 | 2.31 |
| 2020-01-31 | 1.60 |
| 2019-10-31 | 0.00 |
| 2019-07-31 | 0.00 |
| 2019-04-30 | 0.00 |
