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 0.78 is 34% below its 5-year average of 1.19, near the low end of its 5-year range (0.70–1.43).
As of the fiscal period ended Tuesday, June 30, 2026. 19.46% below its 12-month average of 0.97.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.78
QUICK RATIO (ACID-TEST) AVG TTM
0.97
QUICK RATIO (ACID-TEST) AVG 3Y
1.21
QUICK RATIO (ACID-TEST) AVG 5Y
1.19
QUICK RATIO (ACID-TEST) AVG 10Y
1.25
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-19.46%
CURRENT VS 3Y AVG
-35.07%
CURRENT VS 5Y AVG
-34.15%
CURRENT VS 10Y AVG
-37.16%
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
-50.74%
vs the sector median at left
Atlassian Corporation
Market Cap
$46.34B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.97
3Y Avg
1.21
5Y Avg
1.19
Market Cap
$46.39B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.40
3Y Avg
2.28
5Y Avg
2.17
Market Cap
$44.81B
Quick Ratio (Acid-Test)
0.86
TTM Avg
0.77
3Y Avg
0.80
5Y Avg
0.79
Market Cap
$48.31B
Quick Ratio (Acid-Test)
3.17
TTM Avg
2.40
3Y Avg
2.49
5Y Avg
2.58
Market Cap
$49.51B
Quick Ratio (Acid-Test)
9.36
TTM Avg
10.50
3Y Avg
7.51
5Y Avg
7.51
Market Cap
$43.02B
Quick Ratio (Acid-Test)
5.46
TTM Avg
4.70
3Y Avg
4.39
5Y Avg
4.08
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlassian Corporation (TEAM) | $46.34B | 0.78 | 0.97 | 1.21 | 1.19 |
| STMicroelectronics N.V. (STM)vs › | $46.39B | 2.08 | 2.40 | 2.28 | 2.17 |
| Strategy Inc (MSTR)vs › | $45.16B | 5.39 | 3.17 | 2.00 | 1.63 |
| Block, Inc. (XYZ)vs › | $47.67B | 2.19 | 2.25 | 2.08 | 2.02 |
| Autodesk, Inc. (ADSK)vs › | $44.81B | 0.86 | 0.77 | 0.80 | 0.79 |
| Ciena Corporation (CIEN)vs › | $48.31B | 3.17 | 2.40 | 2.49 | 2.58 |
| Workday, Inc. (WDAY)vs › | $48.79B | 0.91 | 1.58 | 1.70 | 1.48 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $49.51B | 9.36 | 10.50 | 7.51 | 7.51 |
| Veeva Systems Inc. (VEEV)vs › | $43.02B | 5.46 | 4.70 | 4.39 | 4.08 |
| Roper Technologies, Inc. (ROP)vs › | $39.93B | 0.51 | 0.42 | 0.48 | 0.56 |
Quick Ratio
0.78
Excludes inventory
Current Ratio
0.78
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 | 0.78 |
| 2026-03-31 | 0.70 |
| 2025-12-31 | 0.89 |
| 2025-09-30 | 1.26 |
| 2025-06-30 | 1.22 |
| 2025-03-31 | 1.26 |
| 2024-12-31 | 1.24 |
| 2024-09-30 | 1.18 |
| 2024-06-30 | 1.18 |
| 2024-03-31 | 1.18 |
| 2023-12-31 | 1.07 |
| 2023-09-30 | 1.43 |
| 2023-06-30 | 1.35 |
| 2023-03-31 | 1.31 |
| 2022-12-31 | 1.30 |
| 2022-09-30 | 1.25 |
| 2022-06-30 | 1.19 |
| 2022-03-31 | 1.19 |
| 2021-12-31 | 1.08 |
| 2021-09-30 | 0.84 |
| 2021-06-30 | 0.70 |
| 2021-03-31 | 0.78 |
| 2020-12-31 | 0.73 |
| 2020-09-30 | 0.88 |
| 2020-06-30 | 0.88 |
| 2020-03-31 | 0.97 |
| 2019-12-31 | 1.02 |
| 2019-09-30 | 0.93 |
| 2019-06-30 | 0.88 |
| 2019-03-31 | 3.34 |
| 2018-12-31 | 3.44 |
| 2018-09-30 | 4.17 |
| 2018-06-30 | 4.10 |
| 2018-03-31 | 2.02 |
| 2017-12-31 | 2.02 |
| 2017-09-30 | 1.95 |
| 2017-06-30 | 1.87 |
| 2017-03-31 | 1.83 |
| 2016-12-31 | 3.27 |
| 2016-09-30 | 3.36 |
| 2016-06-30 | 3.29 |
| 2016-03-31 | 3.45 |
| 2015-12-31 | 3.74 |
| 2015-09-30 | 1.38 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
