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 1.23 is 17% above its 5-year average of 1.05, near the high end of its 5-year range (0.88–1.23).
As of the fiscal period ended Friday, June 26, 2026. 11.86% above its 12-month average of 1.10.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.23
QUICK RATIO (ACID-TEST) AVG TTM
1.10
QUICK RATIO (ACID-TEST) AVG 3Y
1.09
QUICK RATIO (ACID-TEST) AVG 5Y
1.05
QUICK RATIO (ACID-TEST) AVG 10Y
1.02
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
1.15
CURRENT VS TTM AVG
+11.86%
CURRENT VS 3Y AVG
+12.78%
CURRENT VS 5Y AVG
+16.80%
CURRENT VS 10Y AVG
+20.61%
CURRENT VS 15Y AVG
+14.34%
CURRENT VS 20Y AVG
+6.42%
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-28.89%
vs the sector median at left
TE Connectivity plc
Market Cap
$63.02B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.10
3Y Avg
1.09
5Y Avg
1.05
Market Cap
$62.15B
Quick Ratio (Acid-Test)
10.82
TTM Avg
10.50
3Y Avg
7.51
5Y Avg
7.51
Market Cap
$60.07B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.49
3Y Avg
1.49
5Y Avg
1.54
Market Cap
$66.28B
Quick Ratio (Acid-Test)
3.62
TTM Avg
4.13
3Y Avg
4.51
5Y Avg
4.42
Market Cap
$66.43B
Quick Ratio (Acid-Test)
0.97
TTM Avg
3.80
3Y Avg
3.84
5Y Avg
3.75
Market Cap
$58.73B
Quick Ratio (Acid-Test)
2.11
TTM Avg
2.40
3Y Avg
2.49
5Y Avg
2.58
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TE Connectivity plc (TEL) | $63.02B | 1.23 | 1.10 | 1.09 | 1.05 |
| Teradyne, Inc. (TER)vs › | $63.37B | 1.79 | 1.63 | 1.81 | 2.08 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $62.15B | 10.82 | 10.50 | 7.51 | 7.51 |
| Coherent, Inc. (COHR)vs › | $64.10B | 2.04 | 1.58 | 1.92 | 2.10 |
| NXP Semiconductors N.V. (NXPI)vs › | $60.07B | 1.36 | 1.49 | 1.49 | 1.54 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $66.28B | 3.62 | 4.13 | 4.51 | 4.42 |
| Garmin Ltd. (GRMN)vs › | $59.65B | 2.08 | 2.58 | 2.39 | 2.36 |
| Lumentum Holdings Inc. (LITE)vs › | $66.43B | 0.97 | 3.80 | 3.84 | 3.75 |
| Ciena Corporation (CIEN)vs › | $58.73B | 2.11 | 2.40 | 2.49 | 2.58 |
| Keysight Technologies, Inc. (KEYS)vs › | $58.59B | 1.51 | 2.02 | 2.08 | 2.18 |
Quick Ratio
1.23
Excludes inventory
Current Ratio
1.88
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) |
|---|---|
| 2026-06-26 | 1.23 |
| 2026-03-27 | 1.20 |
| 2025-12-26 | 1.07 |
| 2025-09-26 | 1.03 |
| 2025-06-27 | 0.96 |
| 2025-03-28 | 1.08 |
| 2024-12-27 | 1.10 |
| 2024-09-27 | 1.08 |
| 2024-06-28 | 0.99 |
| 2024-03-29 | 0.92 |
| 2023-12-29 | 1.16 |
| 2023-09-30 | 1.20 |
| 2023-06-30 | 1.14 |
| 2023-03-31 | 1.05 |
| 2022-12-30 | 0.99 |
| 2022-09-30 | 0.99 |
| 2022-06-24 | 0.90 |
| 2022-03-25 | 0.88 |
| 2021-12-24 | 1.03 |
| 2021-09-30 | 1.02 |
| 2021-06-25 | 1.07 |
| 2021-03-26 | 1.05 |
| 2020-12-25 | 1.08 |
| 2020-09-30 | 1.04 |
| 2020-06-26 | 0.83 |
| 2020-03-27 | 0.94 |
| 2019-12-27 | 1.05 |
| 2019-09-30 | 1.05 |
| 2019-06-28 | 0.94 |
| 2019-03-29 | 0.90 |
| 2018-12-28 | 0.98 |
| 2018-09-30 | 0.98 |
| 2018-06-29 | 0.98 |
| 2018-03-30 | 0.94 |
| 2017-12-29 | 1.03 |
| 2017-09-30 | 1.07 |
| 2017-06-30 | 0.92 |
| 2017-03-31 | 0.89 |
| 2016-12-30 | 0.90 |
| 2016-09-30 | 1.04 |
| 2016-06-24 | 1.00 |
| 2016-03-25 | 1.22 |
| 2015-12-25 | 1.47 |
| 2015-09-30 | 1.75 |
| 2015-06-26 | 1.49 |
| 2015-03-27 | 1.43 |
| 2014-12-26 | 1.06 |
| 2014-09-30 | 1.47 |
| 2014-06-27 | 1.31 |
| 2014-03-28 | 1.15 |
| 2013-12-27 | 1.33 |
| 2013-09-30 | 1.16 |
| 2013-06-28 | 1.06 |
| 2013-03-29 | 1.04 |
| 2012-12-28 | 1.27 |
| 2012-09-30 | 1.17 |
| 2012-06-29 | 1.12 |
| 2012-03-30 | 1.48 |
| 2011-12-30 | 1.22 |
| 2011-09-30 | 1.38 |
| 2011-06-24 | 1.32 |
| 2011-03-25 | 1.29 |
| 2010-12-24 | 1.28 |
| 2010-09-30 | 1.49 |
| 2010-06-25 | 1.42 |
| 2010-03-26 | 1.39 |
| 2009-12-25 | 1.58 |
| 2009-09-30 | 1.58 |
| 2009-06-26 | 1.49 |
| 2009-03-27 | 1.25 |
| 2008-12-26 | 1.29 |
| 2008-09-30 | 1.44 |
| 2008-06-27 | 1.38 |
| 2008-03-28 | 1.33 |
| 2007-12-28 | 1.21 |
| 2007-09-30 | 1.27 |
| 2007-06-29 | 0.86 |
| 2007-03-31 | 1.23 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 1.30 |
| 2006-06-30 | 0.00 |
