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 1.00 is in line with its 5-year average of 1.00, around the middle of its 5-year range (0.89–1.12).
As of the fiscal period ended Tuesday, June 30, 2026. 7.89% below its 12-month average of 1.09.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.00
QUICK RATIO (ACID-TEST) AVG TTM
1.09
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.00
QUICK RATIO (ACID-TEST) AVG 10Y
0.95
QUICK RATIO (ACID-TEST) AVG 15Y
0.93
QUICK RATIO (ACID-TEST) AVG 20Y
0.93
CURRENT VS TTM AVG
-7.89%
CURRENT VS 3Y AVG
-4.47%
CURRENT VS 5Y AVG
+0.50%
CURRENT VS 10Y AVG
+5.31%
CURRENT VS 15Y AVG
+8.04%
CURRENT VS 20Y AVG
+7.72%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.85
median of 81 covered companies
CURRENT VS SECTOR MEDIAN
+18.16%
vs the sector median at left
Toyota Motor Corporation
Market Cap
$232.74B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.09
3Y Avg
1.05
5Y Avg
1.00
Market Cap
$258.61B
Quick Ratio (Acid-Test)
0.77
TTM Avg
0.77
3Y Avg
0.69
5Y Avg
0.74
Market Cap
$273.24B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.39
3Y Avg
1.55
5Y Avg
1.57
Market Cap
$191.80B
Quick Ratio (Acid-Test)
3.78
TTM Avg
3.84
3Y Avg
3.67
5Y Avg
3.41
Market Cap
$187.25B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.06
3Y Avg
1.17
5Y Avg
1.24
Market Cap
$154.27B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.32
3Y Avg
1.45
5Y Avg
1.91
Market Cap
$147.93B
Quick Ratio (Acid-Test)
0.56
TTM Avg
0.59
3Y Avg
0.62
5Y Avg
0.71
Market Cap
$326.88B
Quick Ratio (Acid-Test)
0.31
TTM Avg
0.28
3Y Avg
0.32
5Y Avg
0.30
Market Cap
$121.13B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.67
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Toyota Motor Corporation (TM) | $232.74B | 1.00 | 1.09 | 1.05 | 1.00 |
| LVMH Moët Hennessy - Louis Vuitton, Société Européenne (LVMUY)vs › | $258.61B | 0.77 | 0.77 | 0.69 | 0.74 |
| Alibaba Group Holding Limited (BABA)vs › | $273.24B | N/A | 1.39 | 1.55 | 1.57 |
| Hermes International Societe en commandite par actions Unsponsored ADR (HESAY)vs › | $191.80B | 3.78 | 3.84 | 3.67 | 3.41 |
| McDonald's Corporation (MCD)vs › | $187.25B | 1.07 | 1.06 | 1.17 | 1.24 |
| Booking Holdings Inc. (BKNG)vs › | $154.27B | N/A | 1.32 | 1.45 | 1.91 |
| The TJX Companies, Inc. (TJX)vs › | $147.93B | 0.56 | 0.59 | 0.62 | 0.71 |
| The Home Depot, Inc. (HD)vs › | $326.88B | 0.31 | 0.28 | 0.32 | 0.30 |
| Starbucks Corporation (SBUX)vs › | $121.13B | 0.54 | 0.54 | 0.55 | 0.67 |
| PDD Holdings Inc. (PDD)vs › | $119.57B | N/A | 2.33 | 2.11 | 1.99 |
Quick Ratio
1.00
Excludes inventory
Current Ratio
1.17
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 | 1.00 |
| 2026-03-31 | 1.12 |
| 2025-12-31 | 1.12 |
| 2025-09-30 | 1.10 |
| 2025-06-30 | 1.11 |
| 2025-03-31 | 1.10 |
| 2024-12-31 | 1.06 |
| 2024-09-30 | 1.07 |
| 2024-06-30 | 1.02 |
| 2024-03-31 | 1.03 |
| 2023-12-31 | 1.02 |
| 2023-09-30 | 0.98 |
| 2023-06-30 | 0.93 |
| 2023-03-31 | 0.93 |
| 2022-12-31 | 0.91 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 0.92 |
| 2022-03-31 | 0.91 |
| 2021-12-31 | 0.90 |
| 2021-09-30 | 0.92 |
| 2021-06-30 | 0.93 |
| 2021-03-31 | 0.93 |
| 2020-12-31 | 0.92 |
| 2020-09-30 | 0.93 |
| 2020-06-30 | 0.95 |
| 2020-03-31 | 0.91 |
| 2019-12-31 | 0.93 |
| 2019-09-30 | 0.91 |
| 2019-06-30 | 0.92 |
| 2019-03-31 | 0.89 |
| 2018-12-31 | 0.86 |
| 2018-09-30 | 0.89 |
| 2018-06-30 | 0.87 |
| 2018-03-31 | 0.88 |
| 2017-12-31 | 0.90 |
| 2017-09-30 | 0.90 |
| 2017-06-30 | 0.91 |
| 2017-03-31 | 0.89 |
| 2016-12-31 | 0.88 |
| 2016-09-30 | 0.91 |
| 2016-06-30 | 0.95 |
| 2016-03-31 | 1.00 |
| 2015-12-31 | 0.97 |
| 2015-09-30 | 1.01 |
| 2015-06-30 | 0.95 |
| 2015-03-31 | 0.96 |
| 2014-12-31 | 0.93 |
| 2014-09-30 | 0.93 |
| 2014-06-30 | 0.95 |
| 2014-03-31 | 0.94 |
| 2013-12-31 | 0.92 |
| 2013-09-30 | 0.95 |
| 2013-06-30 | 0.96 |
| 2013-03-31 | 0.93 |
| 2012-12-31 | 0.89 |
| 2012-09-30 | 0.92 |
| 2012-06-30 | 0.91 |
| 2012-03-31 | 0.91 |
| 2011-12-31 | 0.89 |
| 2011-09-30 | 0.90 |
| 2011-06-30 | 0.95 |
| 2011-03-31 | 0.98 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 1.08 |
| 2010-06-30 | 1.09 |
| 2010-03-31 | 1.09 |
| 2009-12-31 | 1.05 |
| 2009-09-30 | 1.05 |
| 2009-06-30 | 0.96 |
| 2009-03-31 | 0.93 |
| 2008-12-31 | 0.83 |
| 2008-09-30 | 0.84 |
| 2008-06-30 | 0.84 |
| 2008-03-31 | 0.86 |
| 2007-12-31 | 0.83 |
| 2007-09-30 | 0.85 |
| 2007-06-30 | 0.86 |
| 2007-03-31 | 0.85 |
| 2006-12-31 | 0.84 |
| 2006-09-30 | 0.88 |
| 2006-06-30 | 0.89 |
| 2006-03-31 | 0.91 |
| 2005-12-31 | 0.91 |
| 2005-09-30 | 0.92 |
| 2005-06-30 | 0.95 |
| 2005-03-31 | 0.99 |
| 2004-12-31 | 1.00 |
| 2004-09-30 | 1.01 |
| 2004-06-30 | 1.03 |
| 2004-03-31 | 1.02 |
| 2003-12-31 | 0.99 |
| 2003-09-30 | 1.00 |
| 2003-06-30 | 1.01 |
| 2003-03-31 | 1.08 |
| 2002-12-31 | 1.36 |
| 2002-09-30 | 1.09 |