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 6.19 is 26% below its 5-year average of 8.35, near the low end of its 5-year range (3.41–19.74).
As of the fiscal period ended Tuesday, March 31, 2026. 17.21% below its 12-month average of 7.48.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
6.19
QUICK RATIO (ACID-TEST) AVG TTM
7.48
QUICK RATIO (ACID-TEST) AVG 3Y
8.04
QUICK RATIO (ACID-TEST) AVG 5Y
8.02
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
-17.21%
CURRENT VS 3Y AVG
-22.91%
CURRENT VS 5Y AVG
-22.72%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.27
median of 70 covered companies
CURRENT VS SECTOR MEDIAN
+389.68%
vs the sector median at left
TransMedics Group, Inc.
Market Cap
$2.79B
Quick Ratio (Acid-Test)
6.19
TTM Avg
7.48
3Y Avg
8.04
5Y Avg
8.02
Market Cap
$2.86B
Quick Ratio (Acid-Test)
0.98
TTM Avg
0.89
3Y Avg
0.95
5Y Avg
0.97
Market Cap
$1.22B
Quick Ratio (Acid-Test)
0.81
TTM Avg
2.16
3Y Avg
2.71
5Y Avg
2.89
Market Cap
$470.55M
Quick Ratio (Acid-Test)
10.04
TTM Avg
5.81
3Y Avg
5.81
5Y Avg
5.81
Market Cap
$15.31M
Quick Ratio (Acid-Test)
0.69
TTM Avg
1.29
3Y Avg
2.30
5Y Avg
2.23
Market Cap
$7.17B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.56
3Y Avg
2.48
5Y Avg
3.39
Market Cap
$7.88B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.93
3Y Avg
1.04
5Y Avg
1.20
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransMedics Group, Inc. (TMDX) | $2.79B | 6.19 | 7.48 | 8.04 | 8.02 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $2.86B | 0.98 | 0.89 | 0.95 | 0.97 |
| Teladoc Health, Inc. (TDOC)vs › | $1.22B | 0.81 | 2.16 | 2.71 | 2.89 |
| Shoulder Innovations, Inc. (SI)vs › | $470.55M | 10.04 | 5.81 | 5.81 | 5.81 |
| NRC Health (NRC)vs › | $441.49M | N/A | 0.55 | 0.77 | 1.10 |
| 23andMe Holding Co. (ME)vs › | $15.31M | 0.69 | 1.29 | 2.30 | 2.23 |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.17B | 1.55 | 1.56 | 2.48 | 3.39 |
| Oscar Health, Inc. (OSCR)vs › | $7.88B | N/A | 0.93 | 1.04 | 1.20 |
| Tempus AI, Inc. (TEM)vs › | $8.24B | 3.16 | 2.58 | 2.23 | 3.05 |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $8.99B | 2.37 | 4.52 | 4.42 | 3.69 |
Quick Ratio
6.19
Excludes inventory
Current Ratio
6.74
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) |
|---|---|
| 2026-03-31 | 6.19 |
| 2025-12-31 | 6.59 |
| 2025-09-30 | 7.13 |
| 2025-06-30 | 9.17 |
| 2025-03-31 | 8.32 |
| 2024-12-31 | 7.52 |
| 2024-09-30 | 7.33 |
| 2024-06-30 | 8.48 |
| 2024-03-31 | 8.76 |
| 2023-12-31 | 8.49 |
| 2023-09-30 | 10.13 |
| 2023-06-30 | 19.74 |
| 2023-03-31 | 8.30 |
| 2022-12-31 | 9.79 |
| 2022-09-30 | 11.21 |
| 2022-06-30 | 3.41 |
| 2022-03-31 | 4.40 |
| 2021-12-31 | 4.47 |
| 2021-09-30 | 6.95 |
| 2021-06-30 | 8.09 |
| 2021-03-31 | 10.95 |
| 2020-12-31 | 11.35 |
| 2020-09-30 | 10.36 |
| 2020-06-30 | 10.54 |
| 2020-03-31 | 5.34 |
| 2019-12-31 | 5.51 |
| 2019-09-28 | 6.61 |
| 2019-06-29 | 6.82 |
| 2019-03-30 | 1.16 |
| 2018-12-31 | 2.03 |
| 2018-09-30 | 2.95 |
| 2018-06-30 | 4.15 |
| 2018-03-31 | 0.00 |
| 2017-12-30 | 2.39 |
| 2017-09-30 | 0.00 |
| 2017-07-01 | 0.00 |
| 2017-04-01 | 0.00 |
