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 2.06 is 42% above its 5-year average of 1.45, near the high end of its 5-year range (1.22–2.06).
As of the fiscal period ended Tuesday, March 31, 2026. 19.96% above its 12-month average of 1.72.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.06
QUICK RATIO (ACID-TEST) AVG TTM
1.72
QUICK RATIO (ACID-TEST) AVG 3Y
1.53
QUICK RATIO (ACID-TEST) AVG 5Y
1.42
QUICK RATIO (ACID-TEST) AVG 10Y
1.24
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+19.96%
CURRENT VS 3Y AVG
+34.29%
CURRENT VS 5Y AVG
+45.17%
CURRENT VS 10Y AVG
+66.55%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
1.42
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+45.61%
vs the sector median at left
Spotify Technology S.A.
Market Cap
$102.80B
Quick Ratio (Acid-Test)
2.06
TTM Avg
1.72
3Y Avg
1.53
5Y Avg
1.42
Market Cap
$85.47B
Quick Ratio (Acid-Test)
1.41
TTM Avg
1.53
3Y Avg
1.64
5Y Avg
2.18
Market Cap
$85.03B
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.78
3Y Avg
0.73
5Y Avg
0.79
Market Cap
$65.94B
Quick Ratio (Acid-Test)
1.06
TTM Avg
0.98
3Y Avg
0.95
5Y Avg
1.32
Market Cap
$40.52B
Quick Ratio (Acid-Test)
0.99
TTM Avg
0.99
3Y Avg
0.98
5Y Avg
0.97
Market Cap
$167.08B
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.66
3Y Avg
0.81
5Y Avg
0.92
Market Cap
$27.08B
Quick Ratio (Acid-Test)
11.56
TTM Avg
12.10
3Y Avg
12.30
5Y Avg
13.57
Market Cap
$25.53B
Quick Ratio (Acid-Test)
2.76
TTM Avg
2.54
3Y Avg
2.53
5Y Avg
2.71
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Spotify Technology S.A. (SPOT) | $102.80B | 2.06 | 1.72 | 1.53 | 1.42 |
| DoorDash, Inc. (DASH)vs › | $85.47B | 1.41 | 1.53 | 1.64 | 2.18 |
| Comcast Corporation (CMCSA)vs › | $85.03B | 0.88 | 0.78 | 0.73 | 0.79 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $65.94B | 1.06 | 0.98 | 0.95 | 1.32 |
| AT&T Inc. (T)vs › | $159.44B | 0.86 | 0.74 | 0.67 | 0.84 |
| Live Nation Entertainment, Inc. (LYV)vs › | $40.52B | 0.99 | 0.99 | 0.98 | 0.97 |
| The Walt Disney Company (DIS)vs › | $167.08B | 0.65 | 0.66 | 0.81 | 0.92 |
| Reddit, Inc. (RDDT)vs › | $27.08B | 11.56 | 12.10 | 12.30 | 13.57 |
| Fox Corporation (FOXA)vs › | $25.53B | 2.76 | 2.54 | 2.53 | 2.71 |
| EchoStar Corporation (SATS)vs › | $24.24B | 0.38 | 0.84 | 0.79 | 1.52 |
Quick Ratio
2.06
Excludes inventory
Current Ratio
1.72
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 | 2.06 |
| 2025-12-31 | 1.72 |
| 2025-09-30 | 1.61 |
| 2025-06-30 | 1.47 |
| 2025-03-30 | 1.48 |
| 2024-12-31 | 1.88 |
| 2024-09-30 | 1.71 |
| 2024-06-30 | 1.56 |
| 2024-03-31 | 1.42 |
| 2023-12-31 | 1.29 |
| 2023-09-30 | 1.27 |
| 2023-06-30 | 1.22 |
| 2023-03-31 | 1.24 |
| 2022-12-31 | 1.24 |
| 2022-09-30 | 1.31 |
| 2022-06-30 | 1.36 |
| 2022-03-31 | 1.40 |
| 2021-12-31 | 1.36 |
| 2021-09-30 | 1.31 |
| 2021-06-30 | 1.26 |
| 2021-03-31 | 1.27 |
| 2020-12-31 | 0.82 |
| 2020-09-30 | 0.92 |
| 2020-06-30 | 0.82 |
| 2020-03-31 | 0.92 |
| 2019-12-31 | 0.91 |
| 2019-09-30 | 0.81 |
| 2019-06-30 | 0.76 |
| 2019-03-31 | 0.83 |
| 2018-12-31 | 1.05 |
| 2018-09-30 | 0.88 |
| 2018-06-30 | 0.90 |
| 2018-03-31 | 0.99 |
| 2017-12-31 | 1.02 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
