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 3.99 is 12% above its 5-year average of 3.58, around the middle of its 5-year range (1.68–5.59).
As of the fiscal period ended Tuesday, June 30, 2026. 38.12% above its 12-month average of 2.89.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.99.
QUICK RATIO (ACID-TEST)
3.99
QUICK RATIO (ACID-TEST) AVG TTM
2.89
QUICK RATIO (ACID-TEST) AVG 3Y
2.92
QUICK RATIO (ACID-TEST) AVG 5Y
3.58
QUICK RATIO (ACID-TEST) AVG 10Y
4.12
QUICK RATIO (ACID-TEST) AVG 15Y
3.24
QUICK RATIO (ACID-TEST) AVG 20Y
2.71
CURRENT VS TTM AVG
+38.12%
CURRENT VS 3Y AVG
+36.67%
CURRENT VS 5Y AVG
+11.61%
CURRENT VS 10Y AVG
-3.11%
CURRENT VS 15Y AVG
+23.23%
CURRENT VS 20Y AVG
+47.33%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+19.25%
vs the sector median at left
Travere Therapeutics, Inc.
Market Cap
$5.20B
Quick Ratio (Acid-Test)
3.99
TTM Avg
2.89
3Y Avg
2.92
5Y Avg
3.58
Market Cap
$5.21B
Quick Ratio (Acid-Test)
17.85
TTM Avg
17.70
3Y Avg
17.06
5Y Avg
17.77
Market Cap
$5.19B
Quick Ratio (Acid-Test)
2.53
TTM Avg
2.36
3Y Avg
1.93
5Y Avg
1.92
Market Cap
$5.16B
Quick Ratio (Acid-Test)
13.57
TTM Avg
9.78
3Y Avg
9.13
5Y Avg
11.38
Market Cap
$5.30B
Quick Ratio (Acid-Test)
3.28
TTM Avg
2.29
3Y Avg
2.05
5Y Avg
2.40
Market Cap
$5.09B
Quick Ratio (Acid-Test)
7.02
TTM Avg
8.28
3Y Avg
8.59
5Y Avg
7.77
Market Cap
$5.08B
Quick Ratio (Acid-Test)
2.79
TTM Avg
2.90
3Y Avg
2.74
5Y Avg
2.21
Market Cap
$5.06B
Quick Ratio (Acid-Test)
1.85
TTM Avg
1.98
3Y Avg
1.97
5Y Avg
1.88
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Travere Therapeutics, Inc. (TVTX) | $5.20B | 3.99 | 2.89 | 2.92 | 3.58 |
| CRISPR Therapeutics AG (CRSP)vs › | $5.21B | 17.85 | 17.70 | 17.06 | 17.77 |
| Doximity, Inc. (DOCS)vs › | $5.20B | 6.08 | 6.53 | 6.56 | 6.07 |
| Sotera Health Company (SHC)vs › | $5.19B | 2.53 | 2.36 | 1.93 | 1.92 |
| Cogent Biosciences, Inc. (COGT)vs › | $5.16B | 13.57 | 9.78 | 9.13 | 11.38 |
| PTC Therapeutics, Inc. (PTCT)vs › | $5.30B | 3.28 | 2.29 | 2.05 | 2.40 |
| Scholar Rock Holding Corporation (SRRK)vs › | $5.09B | 7.02 | 8.28 | 8.59 | 7.77 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.08B | 2.79 | 2.90 | 2.74 | 2.21 |
| Waystar Holding Corp. (WAY)vs › | $5.06B | 1.85 | 1.98 | 1.97 | 1.88 |
| Erasca, Inc. (ERAS)vs › | $4.94B | 8.29 | 9.94 | 10.32 | 11.01 |
Quick Ratio
3.99
Excludes inventory
Current Ratio
4.05
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 | 3.99 |
| 2026-03-31 | 3.08 |
| 2025-12-31 | 2.70 |
| 2025-09-30 | 2.71 |
| 2025-06-30 | 1.98 |
| 2025-03-31 | 2.03 |
| 2024-12-31 | 2.04 |
| 2024-09-30 | 1.68 |
| 2024-06-30 | 2.99 |
| 2024-03-31 | 2.75 |
| 2023-12-31 | 3.41 |
| 2023-09-30 | 4.77 |
| 2023-06-30 | 3.86 |
| 2023-03-31 | 4.58 |
| 2022-12-31 | 3.39 |
| 2022-09-30 | 4.03 |
| 2022-06-30 | 4.65 |
| 2022-03-31 | 5.23 |
| 2021-12-31 | 4.64 |
| 2021-09-30 | 5.06 |
| 2021-06-30 | 5.59 |
| 2021-03-31 | 6.56 |
| 2020-12-31 | 4.35 |
| 2020-09-30 | 6.50 |
| 2020-06-30 | 7.14 |
| 2020-03-31 | 5.88 |
| 2019-12-31 | 4.43 |
| 2019-09-30 | 4.94 |
| 2019-06-30 | 4.99 |
| 2019-03-31 | 4.52 |
| 2018-12-31 | 4.68 |
| 2018-09-30 | 4.98 |
| 2018-06-30 | 2.64 |
| 2018-03-31 | 4.98 |
| 2017-12-31 | 3.74 |
| 2017-09-30 | 3.83 |
| 2017-06-30 | 3.96 |
| 2017-03-31 | 4.15 |
| 2016-12-31 | 3.96 |
| 2016-09-30 | 3.95 |
| 2016-06-30 | 3.71 |
| 2016-03-31 | 4.42 |
| 2015-12-31 | 3.49 |
| 2015-09-30 | 2.92 |
| 2015-06-30 | 1.41 |
| 2015-03-31 | 2.27 |
| 2014-12-31 | 0.34 |
| 2014-09-30 | 0.91 |
| 2014-06-30 | 1.10 |
| 2014-03-31 | 0.05 |
| 2013-12-31 | 0.21 |
| 2013-09-30 | 0.62 |
| 2013-06-30 | 0.04 |
| 2013-03-31 | 2.17 |
| 2012-12-31 | 0.06 |
| 2012-08-31 | 0.06 |
| 2012-05-31 | 0.06 |
| 2012-02-29 | 0.06 |
| 2011-11-30 | 0.06 |
| 2011-08-31 | 5.21 |
| 2011-05-31 | 0.06 |
| 2011-02-28 | 0.06 |
| 2010-11-30 | 0.00 |
| 2010-08-31 | 0.08 |
| 2010-05-31 | 0.08 |
| 2010-02-28 | 0.00 |
| 2009-11-30 | 0.09 |
| 2009-08-31 | 0.13 |
| 2009-05-31 | 0.13 |
| 2008-11-30 | 0.00 |
| 2008-08-31 | 0.00 |
| 2008-05-31 | 0.09 |
