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 1.60 is 66% below its 5-year average of 4.72, near the low end of its 5-year range (1.60–6.41).
As of the fiscal period ended Tuesday, June 30, 2026. 35.73% below its 12-month average of 2.49.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.60.
QUICK RATIO (ACID-TEST)
1.60
QUICK RATIO (ACID-TEST) AVG TTM
2.49
QUICK RATIO (ACID-TEST) AVG 3Y
4.02
QUICK RATIO (ACID-TEST) AVG 5Y
4.72
QUICK RATIO (ACID-TEST) AVG 10Y
4.68
QUICK RATIO (ACID-TEST) AVG 15Y
4.41
QUICK RATIO (ACID-TEST) AVG 20Y
4.63
CURRENT VS TTM AVG
-35.73%
CURRENT VS 3Y AVG
-60.15%
CURRENT VS 5Y AVG
-66.04%
CURRENT VS 10Y AVG
-65.77%
CURRENT VS 15Y AVG
-63.69%
CURRENT VS 20Y AVG
-65.39%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-52.24%
vs the sector median at left
Vanda Pharmaceuticals Inc.
Market Cap
$271.81M
Quick Ratio (Acid-Test)
1.60
TTM Avg
2.49
3Y Avg
4.02
5Y Avg
4.72
Market Cap
$270.80M
Quick Ratio (Acid-Test)
9.24
TTM Avg
7.84
3Y Avg
8.19
5Y Avg
10.90
Market Cap
$266.92M
Quick Ratio (Acid-Test)
4.85
TTM Avg
6.69
3Y Avg
6.56
5Y Avg
6.64
Market Cap
$266.59M
Quick Ratio (Acid-Test)
9.22
TTM Avg
6.22
3Y Avg
4.84
5Y Avg
4.06
Market Cap
$265.78M
Quick Ratio (Acid-Test)
4.46
TTM Avg
8.30
3Y Avg
6.73
5Y Avg
6.78
Market Cap
$264.25M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$280.37M
Quick Ratio (Acid-Test)
4.69
TTM Avg
11.27
3Y Avg
11.27
5Y Avg
11.27
Market Cap
$262.92M
Quick Ratio (Acid-Test)
4.97
TTM Avg
2.08
3Y Avg
1.48
5Y Avg
1.89
Market Cap
$281.54M
Quick Ratio (Acid-Test)
31.35
TTM Avg
25.02
3Y Avg
20.04
5Y Avg
16.05
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vanda Pharmaceuticals Inc. (VNDA) | $271.81M | 1.60 | 2.49 | 4.02 | 4.72 |
| Rocket Pharmaceuticals, Inc. (RCKT)vs › | $270.80M | 9.24 | 7.84 | 8.19 | 10.90 |
| Fate Therapeutics, Inc. (FATE)vs › | $266.92M | 4.85 | 6.69 | 6.56 | 6.64 |
| SAB Biotherapeutics, Inc. (SABS)vs › | $266.59M | 9.22 | 6.22 | 4.84 | 4.06 |
| EyePoint Pharmaceuticals, Inc. (EYPT)vs › | $265.78M | 4.46 | 8.30 | 6.73 | 6.78 |
| Scribe Therapeutics Inc. (SCTX)vs › | $264.25M | N/A | N/A | N/A | N/A |
| BridgeBio Oncology Therapeutics Inc. (BBOT)vs › | $280.37M | 4.69 | 11.27 | 11.27 | 11.27 |
| TriSalus Life Sciences, Inc. (TLSI)vs › | $262.92M | 4.97 | 2.08 | 1.48 | 1.89 |
| Fulcrum Therapeutics, Inc. (FULC)vs › | $281.54M | 31.35 | 25.02 | 20.04 | 16.05 |
| Inhibikase Therapeutics, Inc. (IKT)vs › | $261.43M | 15.82 | 24.04 | 14.70 | 12.06 |
Quick Ratio
1.60
Excludes inventory
Current Ratio
1.61
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 | 1.60 |
| 2026-03-31 | 2.15 |
| 2025-12-31 | 2.38 |
| 2025-09-30 | 3.10 |
| 2025-06-30 | 3.23 |
| 2025-03-31 | 3.91 |
| 2024-12-31 | 4.37 |
| 2024-09-30 | 4.84 |
| 2024-06-30 | 4.67 |
| 2024-03-31 | 4.69 |
| 2023-12-31 | 4.92 |
| 2023-09-30 | 6.31 |
| 2023-06-30 | 6.09 |
| 2023-03-31 | 5.68 |
| 2022-12-31 | 5.67 |
| 2022-09-30 | 5.46 |
| 2022-06-30 | 5.60 |
| 2022-03-31 | 5.41 |
| 2021-12-31 | 6.41 |
| 2021-09-30 | 6.40 |
| 2021-06-30 | 6.19 |
| 2021-03-31 | 6.80 |
| 2020-12-31 | 6.19 |
| 2020-09-30 | 6.33 |
| 2020-06-30 | 6.16 |
| 2020-03-31 | 6.07 |
| 2019-12-31 | 5.93 |
| 2019-09-30 | 4.65 |
| 2019-06-30 | 5.03 |
| 2019-03-31 | 5.15 |
| 2018-12-31 | 5.62 |
| 2018-09-30 | 6.01 |
| 2018-06-30 | 5.71 |
| 2018-03-31 | 3.91 |
| 2017-12-31 | 2.40 |
| 2017-09-30 | 2.36 |
| 2017-06-30 | 2.30 |
| 2017-03-31 | 2.30 |
| 2016-12-31 | 3.45 |
| 2016-09-30 | 3.35 |
| 2016-06-30 | 3.08 |
| 2016-03-31 | 2.93 |
| 2015-12-31 | 3.22 |
| 2015-09-30 | 3.71 |
| 2015-06-30 | 3.75 |
| 2015-03-31 | 4.95 |
| 2014-12-31 | 17.54 |
| 2014-09-30 | 1.64 |
| 2014-06-30 | 1.83 |
| 2014-03-31 | 2.32 |
| 2013-12-31 | 4.11 |
| 2013-09-30 | 4.59 |
| 2013-06-30 | 3.39 |
| 2013-03-31 | 3.63 |
| 2012-12-31 | 3.90 |
| 2012-09-30 | 4.03 |
| 2012-06-30 | 4.36 |
| 2012-03-31 | 4.94 |
| 2011-12-31 | 4.85 |
| 2011-09-30 | 4.90 |
| 2011-06-30 | 5.83 |
| 2011-03-31 | 6.16 |
| 2010-12-31 | 6.46 |
| 2010-09-30 | 6.42 |
| 2010-06-30 | 6.03 |
| 2010-03-31 | 6.11 |
| 2009-12-31 | 6.68 |
| 2009-09-30 | 2.78 |
| 2009-06-30 | 2.66 |
| 2009-03-31 | 12.57 |
| 2008-12-31 | 14.00 |
| 2008-09-30 | 13.01 |
| 2008-06-30 | 6.72 |
| 2008-03-31 | 6.95 |
| 2007-12-31 | 6.75 |
| 2007-09-30 | 6.96 |
| 2007-06-30 | 13.38 |
| 2007-03-31 | 18.54 |
| 2006-12-31 | 3.61 |
| 2006-09-30 | 4.44 |
| 2006-06-30 | 3.66 |
| 2006-03-31 | 2.05 |
| 2005-12-31 | 6.59 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |