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Atlassian Corporation (TEAM) Quick Ratio (Acid-Test): 1.22

Is Atlassian Corporation’s quick ratio (acid-test) high or low?

Atlassian Corporation's quick ratio (acid-test) of 1.22 is 12% above its 5-year average of 1.09, near the high end of its 5-year range (0.70–1.35).

The quick ratio (acid-test) for Atlassian Corporation (TEAM) is 1.22 as of Wednesday, June 10, 2026. It is above its 12-month average by 1.67% (1.20).

TEAM Quick Ratio (Acid-Test) Chart

TEAM Quick Ratio (Acid-Test)
1.22+3.39% 1Y
Zoom

TEAM Average Quick Ratio (Acid-Test) Chart

TEAM Current vs Average Quick Ratio (Acid-Test) Chart

TEAM Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.22

QUICK RATIO (ACID-TEST) AVG TTM

1.20

QUICK RATIO (ACID-TEST) AVG 3Y

1.23

QUICK RATIO (ACID-TEST) AVG 5Y

1.09

QUICK RATIO (ACID-TEST) AVG 10Y

1.63

QUICK RATIO (ACID-TEST) AVG 15Y

1.58

QUICK RATIO (ACID-TEST) AVG 20Y

1.58

CURRENT VS TTM AVG

+1.67%

CURRENT VS 3Y AVG

-1.21%

CURRENT VS 5Y AVG

+12.27%

CURRENT VS 10Y AVG

-25.15%

CURRENT VS 15Y AVG

-22.67%

CURRENT VS 20Y AVG

-22.67%

TEAM Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
Atlassian Corporation (TEAM)1.221.201.231.09
Cognizant Technology Solutions Corporation (CTSH)$24.92B2.342.212.212.15
VeriSign, Inc. (VRSN)$25.83B0.490.460.670.85
Tower Semiconductor Ltd. (TSEM)$26.02B5.515.374.744.29
Splunk Inc. (SPLK)$26.44B1.571.431.641.99
HP Inc. (HPQ)$22.88B0.480.460.460.48
MongoDB, Inc. (MDB)$27.37B4.654.934.514.21
Zoom Communications, Inc. (ZM)$28.39B4.334.454.264.13
Fiserv, Inc. (FISV)$28.81B1.031.041.041.04
Fidelity National Information Services, Inc. (FIS)$20.66B0.590.720.740.75

Liquidity Comparison

Quick Ratio

1.22

Excludes inventory

Current Ratio

1.22

Includes inventory

Atlassian Corporation Quick Ratio (Acid-Test) Formula & Definition

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

Atlassian Corporation Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The quick ratio (acid-test) for TEAM stock is 1.22.
Is Atlassian Corporation's quick ratio (acid-test) high or low?
Atlassian Corporation's quick ratio (acid-test) of 1.22 is 12% above its 5-year average of 1.09, near the high end of its 5-year range (0.70–1.35).
What is the TTM average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The TTM average quick ratio (acid-test) for TEAM stock is 1.20.
What is the 3Y average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The 3Y average quick ratio (acid-test) for TEAM stock is 1.23.
What is the 5Y average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The 5Y average quick ratio (acid-test) for TEAM stock is 1.09.
What is the 10Y average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The 10Y average quick ratio (acid-test) for TEAM stock is 1.63.
What is the 15Y average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The 15Y average quick ratio (acid-test) for TEAM stock is 1.58.
What is the 20Y average quick ratio (acid-test) for Atlassian Corporation (TEAM)?
The 20Y average quick ratio (acid-test) for TEAM stock is 1.58.

Atlassian Corporation Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2025-06-301.22
2024-06-301.18
2023-06-301.35
2022-06-301.19
2021-06-300.70
2020-06-300.88
2019-06-300.88
2018-06-304.10
2017-06-301.87
2016-06-303.29
2015-06-301.27
2014-06-301.35
2013-06-301.23

About Atlassian Corporation

Atlassian Corporation, operating globally via its subsidiaries, specializes in creating, distributing, and supporting a diverse range of software solutions. Its extensive product suite features Jira Software and Jira Work Management, comprehensive project management platforms enabling technical and business teams to efficiently plan, organize, monitor, and execute tasks. Confluence serves as a collaborative workspace, centralizing knowledge to advance team efforts, while Trello provides a flexible tool for teams to structure and manage dynamic, rapidly evolving projects. Additionally, Atlassian provides Jira Service Management, an adaptable service desk solution empowering IT, legal, HR, and other service teams to deliver and oversee exceptional service experiences. Another key offering is Jira Align, an enterprise agility platform crafted to assist businesses in navigating dynamic market conditions by prioritizing value generation. Furthermore, its offerings include Bitbucket, an enterprise-grade Git repository management system facilitating professional development teams in collaborating on, managing, and deploying high-quality code. Atlassian Access provides robust, enterprise-wide security and centralized administration, enhancing data governance across its entire suite of cloud products. The portfolio also contains Jira Product, a dedicated tool for prioritizing and mapping out product roadmaps. The company's diverse portfolio extends to Atlas, a teamwork directory; Bamboo, a continuous delivery pipeline; Crowd for single sign-on capabilities; Crucible for collaborative code reviews; Fisheye, a tool to search, track, and visualize code changes; and Compass, a developer experience platform. Other notable products encompass Opsgenie, for on-call and alert management; Sourcetree, a free Git client for Windows and Mac; Statuspage, for real-time status communication to users; and Beacon, an intelligent threat detection system. Established in 2002, Atlassian Corporation maintains its headquarters in Sydney, Australia.

Sydney, NSW
12,157 employees
Technology / Software - Application
Sector
Technology
Industry
Software - Application
CEO
Michael Cannon-Brookes