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 21.67 is 39% above its 5-year average of 15.60, around the middle of its 5-year range (7.45–39.87).
As of the fiscal period ended Tuesday, June 30, 2026. 28.01% below its 12-month average of 30.10.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 21.67.
QUICK RATIO (ACID-TEST)
21.67
QUICK RATIO (ACID-TEST) AVG TTM
30.10
QUICK RATIO (ACID-TEST) AVG 3Y
21.57
QUICK RATIO (ACID-TEST) AVG 5Y
15.60
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-28.01%
CURRENT VS 3Y AVG
+0.42%
CURRENT VS 5Y AVG
+38.84%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+545.77%
vs the sector median at left
Instil Bio, Inc.
Market Cap
$46.69M
Quick Ratio (Acid-Test)
21.67
TTM Avg
30.10
3Y Avg
21.57
5Y Avg
15.60
Market Cap
$45.73M
Quick Ratio (Acid-Test)
0.08
TTM Avg
0.22
3Y Avg
0.27
5Y Avg
0.92
Market Cap
$47.98M
Quick Ratio (Acid-Test)
5.74
TTM Avg
9.62
3Y Avg
7.35
5Y Avg
7.40
Market Cap
$48.53M
Quick Ratio (Acid-Test)
0.96
TTM Avg
1.17
3Y Avg
2.45
5Y Avg
4.99
Market Cap
$44.72M
Quick Ratio (Acid-Test)
2.91
TTM Avg
4.54
3Y Avg
5.51
5Y Avg
8.87
Market Cap
$44.71M
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.70
3Y Avg
0.40
5Y Avg
0.30
Market Cap
$48.76M
Quick Ratio (Acid-Test)
17.82
TTM Avg
12.77
3Y Avg
7.97
5Y Avg
9.78
Market Cap
$48.89M
Quick Ratio (Acid-Test)
4.44
TTM Avg
7.28
3Y Avg
7.49
5Y Avg
6.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Instil Bio, Inc. (TIL) | $46.69M | 21.67 | 30.10 | 21.57 | 15.60 |
| Celularity Inc. (CELU)vs › | $45.73M | 0.08 | 0.22 | 0.27 | 0.92 |
| Lite Strategy, Inc. (LITS)vs › | $47.98M | 5.74 | 9.62 | 7.35 | 7.40 |
| Apollomics, Inc. (APLM)vs › | $48.53M | 0.96 | 1.17 | 2.45 | 4.99 |
| Werewolf Therapeutics, Inc. (HOWL)vs › | $44.72M | 2.91 | 4.54 | 5.51 | 8.87 |
| SANUWAVE Health Inc. (SNWV)vs › | $44.71M | 0.89 | 0.70 | 0.40 | 0.30 |
| Microbot Medical Inc. (MBOT)vs › | $48.76M | 17.82 | 12.77 | 7.97 | 9.78 |
| TELA Bio, Inc. (TELA)vs › | $48.77M | 2.38 | 3.89 | 3.83 | 5.36 |
| Sensus Healthcare, Inc. (SRTS)vs › | $48.89M | 4.44 | 7.28 | 7.49 | 6.53 |
| Precision Optics Corporation, Inc. (POCI)vs › | $49.25M | 1.84 | 1.45 | 1.28 | 1.17 |
Quick Ratio
21.67
Excludes inventory
Current Ratio
21.67
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 | 21.67 |
| 2026-03-31 | 39.87 |
| 2025-12-31 | 39.53 |
| 2025-09-30 | 34.45 |
| 2025-06-30 | 14.97 |
| 2025-03-31 | 30.33 |
| 2024-12-31 | 15.76 |
| 2024-09-30 | 12.90 |
| 2024-06-30 | 15.06 |
| 2024-03-31 | 14.19 |
| 2023-12-31 | 15.22 |
| 2023-09-30 | 14.53 |
| 2023-06-30 | 12.00 |
| 2023-03-31 | 9.00 |
| 2022-12-31 | 8.22 |
| 2022-09-30 | 7.45 |
| 2022-06-30 | 8.51 |
| 2022-03-31 | 10.62 |
| 2021-12-31 | 11.22 |
| 2021-09-30 | 16.30 |
| 2021-06-30 | 24.09 |
| 2021-03-31 | 35.43 |
| 2020-12-31 | 18.53 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
