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 4.92 is 16% above its 5-year average of 4.26, around the middle of its 5-year range (3.02–5.82).
As of the fiscal period ended Tuesday, March 31, 2026. 9.83% below its 12-month average of 5.46.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
4.92
QUICK RATIO (ACID-TEST) AVG TTM
5.46
QUICK RATIO (ACID-TEST) AVG 3Y
5.22
QUICK RATIO (ACID-TEST) AVG 5Y
4.26
QUICK RATIO (ACID-TEST) AVG 10Y
3.60
QUICK RATIO (ACID-TEST) AVG 15Y
2.84
QUICK RATIO (ACID-TEST) AVG 20Y
2.41
CURRENT VS TTM AVG
-9.83%
CURRENT VS 3Y AVG
-5.75%
CURRENT VS 5Y AVG
+15.57%
CURRENT VS 10Y AVG
+36.89%
CURRENT VS 15Y AVG
+73.44%
CURRENT VS 20Y AVG
+104.44%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+211.59%
vs the sector median at left
Tower Semiconductor Ltd.
Market Cap
$24.55B
Quick Ratio (Acid-Test)
4.92
TTM Avg
5.46
3Y Avg
5.22
5Y Avg
4.26
Market Cap
$24.25B
Quick Ratio (Acid-Test)
0.83
TTM Avg
1.23
3Y Avg
1.35
5Y Avg
1.28
Market Cap
$24.93B
Quick Ratio (Acid-Test)
2.34
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
Market Cap
$25.36B
Quick Ratio (Acid-Test)
1.20
TTM Avg
0.97
3Y Avg
0.85
5Y Avg
0.74
Market Cap
$25.49B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.15
5Y Avg
1.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tower Semiconductor Ltd. (TSEM) | $24.55B | 4.92 | 5.46 | 5.22 | 4.26 |
| Zscaler, Inc. (ZS)vs › | $24.45B | 2.01 | 1.55 | 1.74 | 2.21 |
| Fair Isaac Corporation (FICO)vs › | $24.25B | 0.83 | 1.23 | 1.35 | 1.28 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $24.93B | 2.34 | 2.21 | 2.21 | 2.15 |
| HP Inc. (HPQ)vs › | $24.94B | 0.48 | 0.46 | 0.46 | 0.48 |
| Corpay, Inc. (CPAY)vs › | $24.98B | 0.98 | 0.99 | 1.01 | 1.01 |
| Verisk Analytics, Inc. (VRSK)vs › | $25.36B | 1.20 | 0.97 | 0.85 | 0.74 |
| Roblox Corporation (RBLX)vs › | $25.49B | 0.96 | 0.99 | 1.15 | 1.25 |
| Okta, Inc. (OKTA)vs › | $23.58B | 1.36 | 1.35 | 1.65 | 1.81 |
| Fidelity National Information Services, Inc. (FIS)vs › | $23.14B | 0.59 | 0.72 | 0.74 | 0.75 |
Quick Ratio
4.92
Excludes inventory
Current Ratio
6.48
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 | 4.92 |
| 2025-12-31 | 5.51 |
| 2025-09-30 | 5.54 |
| 2025-06-30 | 5.50 |
| 2025-03-31 | 5.82 |
| 2024-12-31 | 5.23 |
| 2024-09-30 | 4.89 |
| 2024-06-30 | 4.94 |
| 2024-03-31 | 4.46 |
| 2023-12-31 | 5.15 |
| 2023-09-30 | 5.47 |
| 2023-06-30 | 3.68 |
| 2023-03-31 | 3.18 |
| 2022-12-31 | 3.08 |
| 2022-09-30 | 3.04 |
| 2022-06-30 | 3.09 |
| 2022-03-31 | 3.11 |
| 2021-12-31 | 3.48 |
| 2021-09-30 | 3.02 |
| 2021-06-30 | 3.02 |
| 2021-03-31 | 3.30 |
| 2020-12-31 | 3.31 |
| 2020-09-30 | 3.30 |
| 2020-06-30 | 2.83 |
| 2020-03-31 | 3.11 |
| 2019-12-31 | 3.54 |
| 2019-09-30 | 3.70 |
| 2019-06-30 | 3.99 |
| 2019-03-31 | 3.73 |
| 2018-12-31 | 4.01 |
| 2018-09-30 | 3.27 |
| 2018-06-30 | 2.58 |
| 2018-03-31 | 2.43 |
| 2017-12-31 | 2.42 |
| 2017-09-30 | 2.85 |
| 2017-06-30 | 2.63 |
| 2017-03-31 | 2.49 |
| 2016-12-31 | 2.27 |
| 2016-09-30 | 2.06 |
| 2016-06-30 | 1.95 |
| 2016-03-31 | 1.52 |
| 2015-12-31 | 1.62 |
| 2015-09-30 | 1.22 |
| 2015-06-30 | 1.21 |
| 2015-03-31 | 1.32 |
| 2014-12-31 | 1.02 |
| 2014-09-30 | 1.23 |
| 2014-06-30 | 1.12 |
| 2014-03-31 | 1.37 |
| 2013-12-31 | 1.61 |
| 2013-09-30 | 1.59 |
| 2013-06-30 | 1.59 |
| 2013-03-31 | 1.55 |
| 2012-12-31 | 1.38 |
| 2012-09-30 | 1.26 |
| 2012-06-30 | 1.35 |
| 2012-03-31 | 1.30 |
| 2011-12-31 | 0.86 |
| 2011-09-30 | 1.00 |
| 2011-06-30 | 0.93 |
| 2011-03-31 | 1.15 |
| 2010-12-31 | 1.12 |
| 2010-09-30 | 1.11 |
| 2010-06-30 | 1.29 |
| 2010-03-31 | 1.51 |
| 2009-12-31 | 1.39 |
| 2009-09-30 | 1.31 |
| 2009-06-30 | 1.10 |
| 2009-03-31 | 1.11 |
| 2008-12-31 | 0.85 |
| 2008-09-30 | 0.79 |
| 2008-06-30 | 0.66 |
| 2008-03-31 | 0.86 |
| 2007-12-31 | 1.25 |
| 2007-09-30 | 1.48 |
| 2007-06-30 | 0.84 |
| 2007-03-31 | 1.02 |
| 2006-12-31 | 0.95 |
| 2006-09-30 | 1.25 |
| 2006-06-30 | 1.08 |
| 2006-03-31 | 0.93 |
| 2005-12-31 | 0.68 |
| 2005-09-30 | 0.66 |
| 2005-06-30 | 0.83 |
| 2005-03-31 | 1.07 |
| 2004-12-31 | 1.50 |
| 2004-09-30 | 1.48 |
| 2004-06-30 | 1.71 |
| 2004-03-31 | 2.35 |
| 2003-12-31 | 1.62 |
| 2003-09-30 | 0.43 |
| 2003-06-30 | 0.51 |
| 2003-03-31 | 0.80 |
| 2002-12-31 | 1.13 |
| 2002-09-30 | 1.21 |
| 2002-08-01 | 1.13 |
