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 6.07 is 19% below its 5-year average of 7.54, near the low end of its 5-year range (3.41–19.74).
As of the fiscal period ended Tuesday, June 30, 2026. 13.63% below its 12-month average of 7.03.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.07.
QUICK RATIO (ACID-TEST)
6.07
QUICK RATIO (ACID-TEST) AVG TTM
7.03
QUICK RATIO (ACID-TEST) AVG 3Y
7.85
QUICK RATIO (ACID-TEST) AVG 5Y
7.54
QUICK RATIO (ACID-TEST) AVG 10Y
6.24
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-13.63%
CURRENT VS 3Y AVG
-22.62%
CURRENT VS 5Y AVG
-19.46%
CURRENT VS 10Y AVG
-2.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+402.00%
vs the sector median at left
TransMedics Group, Inc.
Market Cap
$2.99B
Quick Ratio (Acid-Test)
6.07
TTM Avg
7.03
3Y Avg
7.85
5Y Avg
7.54
Market Cap
$1.91B
Quick Ratio (Acid-Test)
1.07
TTM Avg
0.89
3Y Avg
0.95
5Y Avg
0.97
Market Cap
$1.14B
Quick Ratio (Acid-Test)
0.81
TTM Avg
2.16
3Y Avg
2.71
5Y Avg
2.89
Market Cap
$5.10B
Quick Ratio (Acid-Test)
2.79
TTM Avg
2.90
3Y Avg
2.74
5Y Avg
2.21
Market Cap
$5.59B
Quick Ratio (Acid-Test)
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
Market Cap
$376.61M
Quick Ratio (Acid-Test)
8.92
TTM Avg
6.16
3Y Avg
7.06
5Y Avg
7.06
Market Cap
$45.05M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TransMedics Group, Inc. (TMDX) | $2.99B | 6.07 | 7.03 | 7.85 | 7.54 |
| DENTSPLY SIRONA Inc. (XRAY)vs › | $1.91B | 1.07 | 0.89 | 0.95 | 0.97 |
| Teladoc Health, Inc. (TDOC)vs › | $1.14B | 0.81 | 2.16 | 2.71 | 2.89 |
| Doximity, Inc. (DOCS)vs › | $4.88B | 6.08 | 6.53 | 6.56 | 6.07 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.10B | 2.79 | 2.90 | 2.74 | 2.21 |
| NRC Health (NRC)vs › | $463.35M | 0.65 | 0.55 | 0.77 | 1.10 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.59B | 7.02 | 8.28 | 8.59 | 7.77 |
| Shoulder Innovations, Inc. (SI)vs › | $376.61M | 8.92 | 6.16 | 7.06 | 7.06 |
| PDS Biotechnology Corporation (PDSB)vs › | $45.05M | 0.57 | 2.81 | 4.44 | 7.47 |
| Hims & Hers Health, Inc. (HIMS)vs › | $6.24B | 0.87 | 1.56 | 2.48 | 3.39 |
Quick Ratio
6.07
Excludes inventory
Current Ratio
6.62
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 | 6.07 |
| 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 |
