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 1.90 is 47% above its 5-year average of 1.29, near the high end of its 5-year range (0.63–1.90).
As of the fiscal period ended Tuesday, March 31, 2026. 76.98% above its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.90
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.25
QUICK RATIO (ACID-TEST) AVG 5Y
1.29
QUICK RATIO (ACID-TEST) AVG 10Y
3.19
QUICK RATIO (ACID-TEST) AVG 15Y
3.82
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+76.98%
CURRENT VS 3Y AVG
+52.14%
CURRENT VS 5Y AVG
+47.41%
CURRENT VS 10Y AVG
-40.36%
CURRENT VS 15Y AVG
-50.26%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+20.37%
vs the sector median at left
Market Cap
$31.97B
Quick Ratio (Acid-Test)
2.98
TTM Avg
3.18
3Y Avg
2.52
5Y Avg
2.14
Market Cap
$32.59B
Quick Ratio (Acid-Test)
0.83
TTM Avg
1.23
3Y Avg
1.35
5Y Avg
1.28
Market Cap
$33.97B
Quick Ratio (Acid-Test)
4.89
TTM Avg
4.70
3Y Avg
4.39
5Y Avg
4.08
Market Cap
$34.37B
Quick Ratio (Acid-Test)
8.88
TTM Avg
8.88
3Y Avg
8.66
5Y Avg
9.31
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ubiquiti Inc. (UI) | $32.20B | 1.90 | 1.07 | 1.25 | 1.29 |
| ON Semiconductor Corporation (ON)vs › | $31.97B | 2.98 | 3.18 | 2.52 | 2.14 |
| Fair Isaac Corporation (FICO)vs › | $32.59B | 0.83 | 1.23 | 1.35 | 1.28 |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 3.01 | 2.65 | 3.06 | 3.33 |
| Veeva Systems Inc. (VEEV)vs › | $33.97B | 4.89 | 4.70 | 4.39 | 4.08 |
| Jabil Inc. (JBL)vs › | $30.32B | 0.66 | 0.69 | 0.68 | 0.66 |
| Credo Technology Group Holding Ltd (CRDO)vs › | $34.37B | 8.88 | 8.88 | 8.66 | 9.31 |
| Fiserv, Inc. (FISV)vs › | $29.75B | 1.03 | 1.04 | 1.04 | 1.04 |
| NetApp, Inc. (NTAP)vs › | $34.67B | 1.39 | 1.30 | 1.26 | 1.37 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $34.76B | 0.46 | 0.43 | 0.45 | 0.45 |
Quick Ratio
1.90
Excludes inventory
Current Ratio
1.65
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 | 1.90 |
| 2025-12-31 | 1.30 |
| 2025-09-30 | 0.91 |
| 2025-06-30 | 0.63 |
| 2025-03-31 | 0.63 |
| 2024-12-31 | 0.98 |
| 2024-09-30 | 1.32 |
| 2024-06-30 | 1.59 |
| 2024-03-31 | 1.84 |
| 2023-12-31 | 1.47 |
| 2023-09-30 | 1.32 |
| 2023-06-30 | 1.22 |
| 2023-03-31 | 1.13 |
| 2022-12-31 | 0.78 |
| 2022-09-30 | 0.99 |
| 2022-06-30 | 1.15 |
| 2022-03-31 | 1.25 |
| 2021-12-31 | 1.56 |
| 2021-09-30 | 1.61 |
| 2021-06-30 | 1.67 |
| 2021-03-31 | 1.84 |
| 2020-12-31 | 1.60 |
| 2020-09-30 | 1.30 |
| 2020-06-30 | 1.14 |
| 2020-03-31 | 1.56 |
| 2019-12-31 | 1.37 |
| 2019-09-30 | 1.57 |
| 2019-06-30 | 2.73 |
| 2019-03-31 | 3.40 |
| 2018-12-31 | 2.63 |
| 2018-09-30 | 5.20 |
| 2018-06-30 | 7.96 |
| 2018-03-31 | 6.08 |
| 2017-12-31 | 10.00 |
| 2017-09-30 | 7.86 |
| 2017-06-30 | 8.35 |
| 2017-03-31 | 7.37 |
| 2016-12-31 | 6.56 |
| 2016-09-30 | 9.15 |
| 2016-06-30 | 7.39 |
| 2016-03-31 | 10.44 |
| 2015-12-31 | 8.32 |
| 2015-09-30 | 8.43 |
| 2015-06-30 | 7.76 |
| 2015-03-31 | 7.52 |
| 2014-12-31 | 7.10 |
| 2014-09-30 | 5.85 |
| 2014-06-30 | 8.02 |
| 2014-03-31 | 5.29 |
| 2013-12-31 | 4.79 |
| 2013-09-30 | 4.70 |
| 2013-06-30 | 4.39 |
| 2013-03-31 | 3.96 |
| 2012-12-31 | 3.76 |
| 2012-09-30 | 4.37 |
| 2012-06-30 | 3.31 |
| 2012-03-31 | 3.46 |
| 2011-12-31 | 3.23 |
| 2011-09-30 | 2.16 |
| 2011-06-30 | 3.24 |
| 2011-03-31 | 2.82 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 2.92 |