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 1.00 is 60% below its 5-year average of 2.50, near the low end of its 5-year range (1.00–5.43).
As of the fiscal period ended Thursday, April 30, 2026. 24.50% below its 12-month average of 1.32.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.00
QUICK RATIO (ACID-TEST) AVG TTM
1.32
QUICK RATIO (ACID-TEST) AVG 3Y
1.70
QUICK RATIO (ACID-TEST) AVG 5Y
2.50
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
-24.50%
CURRENT VS 3Y AVG
-41.48%
CURRENT VS 5Y AVG
-60.13%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.61
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-38.10%
vs the sector median at left
Snowflake Inc.
Market Cap
$101.65B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.32
3Y Avg
1.70
5Y Avg
2.50
Market Cap
$98.92B
Quick Ratio (Acid-Test)
1.98
TTM Avg
2.42
3Y Avg
3.27
5Y Avg
4.64
Market Cap
$106.51B
Quick Ratio (Acid-Test)
0.17
TTM Avg
0.61
3Y Avg
0.80
5Y Avg
0.88
Market Cap
$93.78B
Quick Ratio (Acid-Test)
2.67
TTM Avg
2.71
3Y Avg
1.93
5Y Avg
1.85
Market Cap
$115.00B
Quick Ratio (Acid-Test)
0.95
TTM Avg
1.02
3Y Avg
1.05
5Y Avg
1.08
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $101.65B | 1.00 | 1.32 | 1.70 | 2.50 |
| Accenture plc (ACN)vs › | $101.53B | 1.42 | 1.26 | 1.26 | 1.28 |
| Adobe Inc. (ADBE)vs › | $99.54B | 1.00 | 1.04 | 1.13 | 1.15 |
| Cloudflare, Inc. (NET)vs › | $98.92B | 1.98 | 2.42 | 3.27 | 4.64 |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 0.17 | 0.61 | 0.80 | 0.88 |
| Datadog, Inc. (DDOG)vs › | $95.39B | 3.38 | 3.01 | 3.07 | 3.60 |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.78B | 2.67 | 2.71 | 1.93 | 1.85 |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 0.95 | 1.02 | 1.05 | 1.08 |
| Intuit Inc. (INTU)vs › | $86.46B | 1.36 | 1.33 | 1.38 | 1.62 |
| Fortinet, Inc. (FTNT)vs › | $118.82B | 1.09 | 1.24 | 1.17 | 1.26 |
Quick Ratio
1.00
Excludes inventory
Current Ratio
1.30
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) |
|---|---|
| 2026-04-30 | 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 |
