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 0.76 is 79% below its 5-year average of 3.72, near the low end of its 5-year range (0.76–8.79).
As of the fiscal period ended Wednesday, December 31, 2025. 34.67% below its 12-month average of 1.17.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 0.76.
QUICK RATIO (ACID-TEST)
0.76
QUICK RATIO (ACID-TEST) AVG TTM
1.17
QUICK RATIO (ACID-TEST) AVG 3Y
1.85
QUICK RATIO (ACID-TEST) AVG 5Y
3.72
QUICK RATIO (ACID-TEST) AVG 10Y
3.36
QUICK RATIO (ACID-TEST) AVG 15Y
2.79
QUICK RATIO (ACID-TEST) AVG 20Y
1.90
CURRENT VS TTM AVG
-34.67%
CURRENT VS 3Y AVG
-58.85%
CURRENT VS 5Y AVG
-79.47%
CURRENT VS 10Y AVG
-77.30%
CURRENT VS 15Y AVG
-72.70%
CURRENT VS 20Y AVG
-59.87%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-77.26%
vs the sector median at left
Tiziana Life Sciences Ltd
Market Cap
$70.63M
Quick Ratio (Acid-Test)
0.76
TTM Avg
1.17
3Y Avg
1.85
5Y Avg
3.72
Market Cap
$71.23M
Quick Ratio (Acid-Test)
4.36
TTM Avg
4.80
3Y Avg
4.58
5Y Avg
6.22
Market Cap
$69.61M
Quick Ratio (Acid-Test)
1.03
TTM Avg
0.95
3Y Avg
0.86
5Y Avg
0.95
Market Cap
$72.32M
Quick Ratio (Acid-Test)
1.33
TTM Avg
2.06
3Y Avg
4.98
5Y Avg
3.88
Market Cap
$68.90M
Quick Ratio (Acid-Test)
6.12
TTM Avg
4.89
3Y Avg
4.64
5Y Avg
6.12
Market Cap
$72.83M
Quick Ratio (Acid-Test)
1.75
TTM Avg
2.29
3Y Avg
2.05
5Y Avg
3.32
Market Cap
$68.10M
Quick Ratio (Acid-Test)
3.83
TTM Avg
1.68
3Y Avg
1.58
5Y Avg
2.46
Market Cap
$73.27M
Quick Ratio (Acid-Test)
5.45
TTM Avg
4.61
3Y Avg
8.17
5Y Avg
10.19
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tiziana Life Sciences Ltd (TLSA) | $70.63M | 0.76 | 1.17 | 1.85 | 3.72 |
| Gain Therapeutics, Inc. (GANX)vs › | $71.23M | 4.36 | 4.80 | 4.58 | 6.22 |
| Champions Oncology, Inc. (CSBR)vs › | $69.61M | 1.03 | 0.95 | 0.86 | 0.95 |
| Verrica Pharmaceuticals Inc. (VRCA)vs › | $72.32M | 1.33 | 2.06 | 4.98 | 3.88 |
| Spero Therapeutics, Inc. (SPRO)vs › | $68.90M | 6.12 | 4.89 | 4.64 | 6.12 |
| MindWalk Holdings Corp. (HYFT)vs › | $72.83M | 1.75 | 2.29 | 2.05 | 3.32 |
| Fortress Biotech, Inc. (FBIO)vs › | $68.10M | 3.83 | 1.68 | 1.58 | 2.46 |
| Hyperfine, Inc. (HYPR)vs › | $73.27M | 5.45 | 4.61 | 8.17 | 10.19 |
| iBio, Inc. (IBIO)vs › | $67.52M | 7.85 | 4.72 | 3.68 | 5.30 |
| Pulmonx Corporation (LUNG)vs › | $75.18M | 3.52 | 4.58 | 5.82 | 8.88 |
Quick Ratio
0.76
Excludes inventory
Current Ratio
0.76
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) |
|---|---|
| 2025-12-31 | 0.76 |
| 2025-06-30 | 1.72 |
| 2024-12-31 | 1.02 |
| 2024-06-30 | 0.85 |
| 2023-12-31 | 1.12 |
| 2023-06-30 | 3.85 |
| 2022-12-31 | 3.64 |
| 2022-06-30 | 6.12 |
| 2021-12-31 | 6.45 |
| 2021-06-30 | 6.54 |
| 2020-12-31 | 8.79 |
| 2020-06-30 | 1.86 |
| 2019-12-31 | 0.15 |
| 2019-06-30 | 0.25 |
| 2018-12-31 | 1.08 |
| 2018-06-30 | 0.31 |
| 2017-12-31 | 0.52 |
| 2017-06-30 | 1.02 |
| 2016-12-31 | 2.89 |
| 2016-06-30 | 9.22 |
| 2015-12-31 | 12.40 |
| 2015-06-30 | 9.41 |
| 2014-12-31 | 3.60 |
| 2014-06-30 | 1.57 |
| 2013-12-31 | 0.46 |
| 2013-06-30 | 0.30 |
| 2012-12-31 | 0.20 |
| 2012-06-30 | 1.39 |
| 2011-12-31 | 4.62 |
| 2011-06-30 | 4.10 |
| 2010-12-31 | 0.00 |
| 2010-06-30 | 0.78 |
| 2009-12-31 | 0.31 |
| 2009-06-30 | 0.35 |
| 2008-12-31 | 0.35 |
| 2008-06-30 | 0.87 |
| 2007-12-31 | 2.61 |
| 2007-06-30 | 3.79 |
| 2006-12-31 | 1.35 |
| 2006-06-30 | 1.48 |
| 2005-12-31 | 2.02 |
| 2005-06-30 | 1.66 |
| 2004-12-31 | 3.22 |
| 2004-06-30 | 6.38 |
| 2003-12-31 | 5.25 |
| 2003-06-30 | 1.51 |
| 2002-12-31 | 1.89 |
| 2002-06-30 | 2.25 |
| 2001-12-31 | 0.00 |
| 2001-06-30 | 0.00 |
| 2000-12-31 | 0.00 |
| 2000-06-30 | 0.00 |
| 1999-12-31 | 0.00 |
| 1999-06-30 | 0.00 |
| 1998-12-31 | 0.00 |
| 1998-06-30 | 0.00 |
| 1998-01-31 | 0.00 |
