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 2.65 is 25% below its 5-year average of 3.51, near the low end of its 5-year range (1.81–5.81).
As of the fiscal period ended Tuesday, June 30, 2026. 15.00% above its 12-month average of 2.30.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.65.
QUICK RATIO (ACID-TEST)
2.65
QUICK RATIO (ACID-TEST) AVG TTM
2.30
QUICK RATIO (ACID-TEST) AVG 3Y
2.55
QUICK RATIO (ACID-TEST) AVG 5Y
3.51
QUICK RATIO (ACID-TEST) AVG 10Y
3.06
QUICK RATIO (ACID-TEST) AVG 15Y
3.18
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+15.00%
CURRENT VS 3Y AVG
+3.66%
CURRENT VS 5Y AVG
-24.58%
CURRENT VS 10Y AVG
-13.62%
CURRENT VS 15Y AVG
-16.67%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-21.01%
vs the sector median at left
Tandem Diabetes Care, Inc.
Market Cap
$1.11B
Quick Ratio (Acid-Test)
2.65
TTM Avg
2.30
3Y Avg
2.55
5Y Avg
3.51
Market Cap
$1.10B
Quick Ratio (Acid-Test)
4.03
TTM Avg
3.74
3Y Avg
4.48
5Y Avg
4.84
Market Cap
$1.11B
Quick Ratio (Acid-Test)
14.28
TTM Avg
10.49
3Y Avg
14.28
5Y Avg
14.28
Market Cap
$1.11B
Quick Ratio (Acid-Test)
5.23
TTM Avg
6.37
3Y Avg
10.25
5Y Avg
15.62
Market Cap
$1.09B
Quick Ratio (Acid-Test)
11.59
TTM Avg
21.25
3Y Avg
14.51
5Y Avg
14.51
Market Cap
$1.09B
Quick Ratio (Acid-Test)
2.93
TTM Avg
3.33
3Y Avg
2.34
5Y Avg
2.11
Market Cap
$1.13B
Quick Ratio (Acid-Test)
33.10
TTM Avg
10.19
3Y Avg
10.19
5Y Avg
10.19
Market Cap
$1.08B
Quick Ratio (Acid-Test)
8.13
TTM Avg
7.23
3Y Avg
6.69
5Y Avg
8.24
Market Cap
$1.13B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.01
3Y Avg
3.15
5Y Avg
3.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tandem Diabetes Care, Inc. (TNDM) | $1.11B | 2.65 | 2.30 | 2.55 | 3.51 |
| STAAR Surgical Company (STAA)vs › | $1.10B | 4.03 | 3.74 | 4.48 | 4.84 |
| First Tracks Biotherapeutics Inc (TRAX)vs › | $1.11B | 14.28 | 10.49 | 14.28 | 14.28 |
| Replimune Group, Inc. (REPL)vs › | $1.11B | 5.23 | 6.37 | 10.25 | 15.62 |
| Bicara Therapeutics Inc. Common Stock (BCAX)vs › | $1.09B | 11.59 | 21.25 | 14.51 | 14.51 |
| OPKO Health, Inc. (OPK)vs › | $1.09B | 2.93 | 3.33 | 2.34 | 2.11 |
| Avalyn Pharma Inc. Common Stock (AVLN)vs › | $1.13B | 33.10 | 10.19 | 10.19 | 10.19 |
| IRadimed Corporation (IRMD)vs › | $1.08B | 8.13 | 7.23 | 6.69 | 8.24 |
| Harrow Health, Inc. (HROW)vs › | $1.13B | 2.08 | 2.01 | 3.15 | 3.64 |
| Amphastar Pharmaceuticals, Inc. (AMPH)vs › | $1.14B | 1.71 | 2.54 | 2.42 | 2.25 |
Quick Ratio
2.65
Excludes inventory
Current Ratio
3.18
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 | 2.65 |
| 2026-03-31 | 3.07 |
| 2025-12-31 | 2.02 |
| 2025-09-30 | 1.90 |
| 2025-06-30 | 1.88 |
| 2025-03-31 | 1.81 |
| 2024-12-31 | 2.33 |
| 2024-09-30 | 2.32 |
| 2024-06-30 | 2.38 |
| 2024-03-31 | 3.01 |
| 2023-12-31 | 3.02 |
| 2023-09-30 | 3.28 |
| 2023-06-30 | 3.53 |
| 2023-03-31 | 3.66 |
| 2022-12-31 | 4.47 |
| 2022-09-30 | 4.20 |
| 2022-06-30 | 5.36 |
| 2022-03-31 | 5.60 |
| 2021-12-31 | 5.63 |
| 2021-09-30 | 5.76 |
| 2021-06-30 | 5.81 |
| 2021-03-31 | 5.75 |
| 2020-12-31 | 5.52 |
| 2020-09-30 | 4.94 |
| 2020-06-30 | 4.18 |
| 2020-03-31 | 2.21 |
| 2019-12-31 | 2.28 |
| 2019-09-30 | 2.05 |
| 2019-06-30 | 2.21 |
| 2019-03-31 | 2.13 |
| 2018-12-31 | 2.53 |
| 2018-09-30 | 2.36 |
| 2018-06-30 | 2.43 |
| 2018-03-31 | 2.01 |
| 2017-12-31 | 1.03 |
| 2017-09-30 | 0.88 |
| 2017-06-30 | 1.27 |
| 2017-03-31 | 1.92 |
| 2016-12-31 | 2.25 |
| 2016-09-30 | 1.38 |
| 2016-06-30 | 2.56 |
| 2016-03-31 | 3.32 |
| 2015-12-31 | 3.37 |
| 2015-09-30 | 4.18 |
| 2015-06-30 | 5.92 |
| 2015-03-31 | 6.69 |
| 2014-12-31 | 4.36 |
| 2014-09-30 | 5.69 |
| 2014-06-30 | 7.82 |
| 2014-03-31 | 9.00 |
| 2013-12-31 | 9.50 |
| 2013-09-30 | 1.15 |
| 2013-06-30 | 2.11 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.26 |
| 2012-09-30 | 0.00 |