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 10.97 is 37% below its 5-year average of 17.44, near the low end of its 5-year range (9.85–31.70).
As of the fiscal period ended Tuesday, June 30, 2026. 19.02% below its 12-month average of 13.55.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 10.97.
QUICK RATIO (ACID-TEST)
10.97
QUICK RATIO (ACID-TEST) AVG TTM
13.55
QUICK RATIO (ACID-TEST) AVG 3Y
13.69
QUICK RATIO (ACID-TEST) AVG 5Y
17.44
QUICK RATIO (ACID-TEST) AVG 10Y
13.30
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-19.02%
CURRENT VS 3Y AVG
-19.83%
CURRENT VS 5Y AVG
-37.09%
CURRENT VS 10Y AVG
-17.49%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+227.56%
vs the sector median at left
Protara Therapeutics, Inc.
Market Cap
$145.29M
Quick Ratio (Acid-Test)
10.97
TTM Avg
13.55
3Y Avg
13.69
5Y Avg
17.44
Market Cap
$144.47M
Quick Ratio (Acid-Test)
0.82
TTM Avg
5.49
3Y Avg
4.19
5Y Avg
4.19
Market Cap
$143.90M
Quick Ratio (Acid-Test)
3.83
TTM Avg
1.68
3Y Avg
1.58
5Y Avg
2.46
Market Cap
$146.71M
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.14
3Y Avg
1.35
5Y Avg
4.96
Market Cap
$146.98M
Quick Ratio (Acid-Test)
2.47
TTM Avg
5.26
3Y Avg
13.15
5Y Avg
16.36
Market Cap
$147.00M
Quick Ratio (Acid-Test)
7.51
TTM Avg
6.60
3Y Avg
4.97
5Y Avg
4.99
Market Cap
$147.39M
Quick Ratio (Acid-Test)
2.99
TTM Avg
3.92
3Y Avg
3.42
5Y Avg
4.30
Market Cap
$147.81M
Quick Ratio (Acid-Test)
15.62
TTM Avg
10.23
3Y Avg
11.93
5Y Avg
11.24
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Protara Therapeutics, Inc. (TARA) | $145.29M | 10.97 | 13.55 | 13.69 | 17.44 |
| Korsana Biosciences, Inc. (KRSA)vs › | $144.47M | 0.82 | 5.49 | 4.19 | 4.19 |
| Fortress Biotech, Inc. (FBIOP)vs › | $143.90M | 3.83 | 1.68 | 1.58 | 2.46 |
| NervGen Pharma Corp. Common stock (NGEN)vs › | $146.71M | 1.23 | 1.14 | 1.35 | 4.96 |
| Acumen Pharmaceuticals, Inc. (ABOS)vs › | $146.98M | 2.47 | 5.26 | 13.15 | 16.36 |
| Voyager Therapeutics, Inc. (VYGR)vs › | $147.00M | 7.51 | 6.60 | 4.97 | 4.99 |
| Codexis, Inc. (CDXS)vs › | $147.39M | 2.99 | 3.92 | 3.42 | 4.30 |
| Nyxoah S.A. (NYXH)vs › | $143.10M | 2.31 | 2.75 | 4.17 | 7.24 |
| Anavex Life Sciences Corp. (AVXL)vs › | $147.81M | 15.62 | 10.23 | 11.93 | 11.24 |
| ALX Oncology Holdings Inc. (ALXO)vs › | $148.69M | 9.71 | 4.67 | 6.04 | 19.74 |
Quick Ratio
10.97
Excludes inventory
Current Ratio
10.97
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 | 10.97 |
| 2026-03-31 | 15.69 |
| 2025-12-31 | 14.58 |
| 2025-09-30 | 13.69 |
| 2025-06-30 | 12.82 |
| 2025-03-31 | 18.03 |
| 2024-12-31 | 15.71 |
| 2024-09-30 | 9.85 |
| 2024-06-30 | 16.33 |
| 2024-03-31 | 10.53 |
| 2023-12-31 | 11.17 |
| 2023-09-30 | 11.49 |
| 2023-06-30 | 17.09 |
| 2023-03-31 | 14.76 |
| 2022-12-31 | 14.81 |
| 2022-09-30 | 26.59 |
| 2022-06-30 | 28.94 |
| 2022-03-31 | 31.70 |
| 2021-12-31 | 21.66 |
| 2021-09-30 | 25.95 |
| 2021-06-30 | 23.94 |
| 2021-03-31 | 26.47 |
| 2020-12-31 | 58.13 |
| 2020-09-30 | 43.00 |
| 2020-06-30 | 9.53 |
| 2020-03-31 | 7.99 |
| 2019-12-31 | 11.96 |
| 2019-09-30 | 56.78 |
| 2019-06-30 | 5.41 |
| 2019-03-31 | 1.65 |
| 2018-12-31 | 7.55 |
| 2018-09-30 | 10.69 |
| 2018-06-30 | 12.34 |
| 2018-03-31 | 4.22 |
| 2017-12-31 | 4.71 |
| 2017-09-30 | 5.28 |
| 2017-06-30 | 7.98 |
| 2017-03-31 | 11.72 |
| 2016-12-31 | 8.42 |
| 2016-09-30 | 9.98 |
| 2016-06-30 | 11.58 |
| 2016-03-31 | 16.84 |
| 2015-12-31 | 16.13 |
| 2015-09-30 | 22.52 |
| 2015-06-30 | 27.36 |
| 2015-03-31 | 30.70 |
| 2014-12-31 | 36.15 |
| 2014-09-30 | 8.25 |
