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 6.61 is in line with its 5-year average of 6.82, near the low end of its 5-year range (0.72–21.94).
As of the fiscal period ended Tuesday, June 30, 2026. 11.98% below its 12-month average of 7.51.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.61.
QUICK RATIO (ACID-TEST)
6.61
QUICK RATIO (ACID-TEST) AVG TTM
7.51
QUICK RATIO (ACID-TEST) AVG 3Y
4.96
QUICK RATIO (ACID-TEST) AVG 5Y
6.82
QUICK RATIO (ACID-TEST) AVG 10Y
8.57
QUICK RATIO (ACID-TEST) AVG 15Y
8.28
QUICK RATIO (ACID-TEST) AVG 20Y
7.72
CURRENT VS TTM AVG
-11.98%
CURRENT VS 3Y AVG
+33.29%
CURRENT VS 5Y AVG
-3.05%
CURRENT VS 10Y AVG
-22.93%
CURRENT VS 15Y AVG
-20.22%
CURRENT VS 20Y AVG
-14.37%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+97.26%
vs the sector median at left
Tonix Pharmaceuticals Holding Corp.
Market Cap
$122.66M
Quick Ratio (Acid-Test)
6.61
TTM Avg
7.51
3Y Avg
4.96
5Y Avg
6.82
Market Cap
$122.43M
Quick Ratio (Acid-Test)
0.65
TTM Avg
1.74
3Y Avg
2.55
5Y Avg
2.19
Market Cap
$124.18M
Quick Ratio (Acid-Test)
0.18
TTM Avg
2.21
3Y Avg
2.68
5Y Avg
2.62
Market Cap
$124.70M
Quick Ratio (Acid-Test)
8.98
TTM Avg
5.43
3Y Avg
7.69
5Y Avg
7.29
Market Cap
$120.58M
Quick Ratio (Acid-Test)
10.21
TTM Avg
11.59
3Y Avg
10.00
5Y Avg
8.96
Market Cap
$120.41M
Quick Ratio (Acid-Test)
14.06
TTM Avg
14.20
3Y Avg
21.81
5Y Avg
28.51
Market Cap
$118.83M
Quick Ratio (Acid-Test)
13.31
TTM Avg
17.30
3Y Avg
10.78
5Y Avg
9.73
Market Cap
$118.59M
Quick Ratio (Acid-Test)
4.52
TTM Avg
5.53
3Y Avg
5.99
5Y Avg
10.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tonix Pharmaceuticals Holding Corp. (TNXP) | $122.66M | 6.61 | 7.51 | 4.96 | 6.82 |
| BGM Group Ltd. (BGM)vs › | $122.43M | 0.65 | 1.74 | 2.55 | 2.19 |
| TuHURA Biosciences, Inc. (HURA)vs › | $124.18M | 0.18 | 2.21 | 2.68 | 2.62 |
| Entera Bio Ltd. (ENTX)vs › | $124.70M | 8.98 | 5.43 | 7.69 | 7.29 |
| enGene Holdings Inc. (ENGN)vs › | $120.58M | 10.21 | 11.59 | 10.00 | 8.96 |
| Seer, Inc. (SEER)vs › | $120.41M | 14.06 | 14.20 | 21.81 | 28.51 |
| Cibus, Inc. (CBUS)vs › | $119.84M | 1.62 | 0.78 | 1.43 | 2.39 |
| LENZ Therapeutics, Inc. (LENZ)vs › | $118.83M | 13.31 | 17.30 | 10.78 | 9.73 |
| Tenaya Therapeutics, Inc. (TNYA)vs › | $118.59M | 4.52 | 5.53 | 5.99 | 10.25 |
| NRx Pharmaceuticals, Inc. (NRXP)vs › | $127.29M | 0.86 | 0.23 | 0.62 | 0.88 |
Quick Ratio
6.61
Excludes inventory
Current Ratio
6.61
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 | 6.61 |
| 2026-03-31 | 6.86 |
| 2025-12-31 | 7.23 |
| 2025-09-30 | 9.62 |
| 2025-06-30 | 7.22 |
| 2025-03-31 | 11.64 |
| 2024-12-31 | 6.04 |
| 2024-09-30 | 2.81 |
| 2024-06-30 | 0.72 |
| 2024-03-31 | 0.87 |
| 2023-12-31 | 1.78 |
| 2023-09-30 | 1.02 |
| 2023-06-30 | 2.04 |
| 2023-03-31 | 6.40 |
| 2022-12-31 | 7.19 |
| 2022-09-30 | 11.33 |
| 2022-06-30 | 12.05 |
| 2022-03-31 | 9.96 |
| 2021-12-31 | 8.71 |
| 2021-09-30 | 16.22 |
| 2021-06-30 | 21.94 |
| 2021-03-31 | 28.73 |
| 2020-12-31 | 8.96 |
| 2020-09-30 | 14.17 |
| 2020-06-30 | 12.32 |
| 2020-03-31 | 12.55 |
| 2019-12-31 | 2.72 |
| 2019-09-30 | 4.88 |
| 2019-06-30 | 6.92 |
| 2019-03-31 | 9.54 |
| 2018-12-31 | 9.81 |
| 2018-09-30 | 6.77 |
| 2018-06-30 | 7.23 |
| 2018-03-31 | 8.75 |
| 2017-12-31 | 12.44 |
| 2017-09-30 | 16.44 |
| 2017-06-30 | 19.39 |
| 2017-03-31 | 13.16 |
| 2016-12-31 | 12.83 |
| 2016-09-30 | 11.15 |
| 2016-06-30 | 8.02 |
| 2016-03-31 | 7.84 |
| 2015-12-31 | 6.97 |
| 2015-09-30 | 11.22 |
| 2015-06-30 | 10.89 |
| 2015-03-31 | 17.06 |
| 2014-12-31 | 11.54 |
| 2014-09-30 | 13.42 |
| 2014-06-30 | 18.90 |
| 2014-03-31 | 22.02 |
| 2013-12-31 | 3.90 |
| 2013-09-30 | 3.52 |
| 2013-06-30 | 0.05 |
| 2013-03-31 | 0.40 |
| 2012-12-31 | 1.77 |
| 2012-09-30 | 0.09 |
| 2012-06-30 | 1.80 |
| 2012-03-31 | 9.03 |
| 2011-12-31 | 0.16 |
| 2011-09-30 | 0.01 |
| 2011-06-30 | 0.06 |
| 2011-03-31 | 0.11 |
| 2010-12-31 | 0.45 |
| 2010-09-30 | 1.03 |
| 2010-06-30 | 13.52 |
| 2010-03-31 | 20.88 |
| 2009-12-31 | 13.19 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 15.30 |
| 2008-09-30 | 0.91 |
| 2008-06-30 | 0.99 |
| 2008-03-31 | 0.00 |