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 0.61 is 14% below its 5-year average of 0.70, near the low end of its 5-year range (0.58–0.99).
As of the fiscal period ended Tuesday, March 31, 2026. 9.48% below its 12-month average of 0.67.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.61
QUICK RATIO (ACID-TEST) AVG TTM
0.67
QUICK RATIO (ACID-TEST) AVG 3Y
0.64
QUICK RATIO (ACID-TEST) AVG 5Y
0.65
QUICK RATIO (ACID-TEST) AVG 10Y
0.79
QUICK RATIO (ACID-TEST) AVG 15Y
0.80
QUICK RATIO (ACID-TEST) AVG 20Y
0.76
CURRENT VS TTM AVG
-9.48%
CURRENT VS 3Y AVG
-4.65%
CURRENT VS 5Y AVG
-7.23%
CURRENT VS 10Y AVG
-22.73%
CURRENT VS 15Y AVG
-23.75%
CURRENT VS 20Y AVG
-20.27%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.42
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
-57.12%
vs the sector median at left
Verizon Communications Inc.
Market Cap
$193.66B
Quick Ratio (Acid-Test)
0.61
TTM Avg
0.67
3Y Avg
0.64
5Y Avg
0.65
Market Cap
$193.18B
Quick Ratio (Acid-Test)
0.90
TTM Avg
0.86
3Y Avg
0.81
5Y Avg
0.84
Market Cap
$164.71B
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.66
3Y Avg
0.81
5Y Avg
0.92
Market Cap
$99.24B
Quick Ratio (Acid-Test)
1.72
TTM Avg
1.80
3Y Avg
1.53
5Y Avg
1.39
Market Cap
$79.12B
Quick Ratio (Acid-Test)
0.88
TTM Avg
0.78
3Y Avg
0.73
5Y Avg
0.79
Market Cap
$64.61B
Quick Ratio (Acid-Test)
1.06
TTM Avg
0.98
3Y Avg
0.95
5Y Avg
1.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Verizon Communications Inc. (VZ) | $193.66B | 0.61 | 0.67 | 0.64 | 0.65 |
| T-Mobile US, Inc. (TMUS)vs › | $193.18B | 0.90 | 0.86 | 0.81 | 0.84 |
| AT&T Inc. (T)vs › | $165.35B | 0.86 | 0.74 | 0.67 | 0.84 |
| The Walt Disney Company (DIS)vs › | $164.71B | 0.65 | 0.66 | 0.81 | 0.92 |
| Spotify Technology S.A. (SPOT)vs › | $99.24B | 1.72 | 1.80 | 1.53 | 1.39 |
| Netflix, Inc. (NFLX)vs › | $291.85B | 1.19 | 1.21 | 1.17 | 1.15 |
| Comcast Corporation (CMCSA)vs › | $79.12B | 0.88 | 0.78 | 0.73 | 0.79 |
| DoorDash, Inc. (DASH)vs › | $75.34B | 1.41 | 1.53 | 1.64 | 2.18 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $64.61B | 1.06 | 0.98 | 0.95 | 1.32 |
| Live Nation Entertainment, Inc. (LYV)vs › | $41.25B | 0.99 | 0.99 | 0.98 | 0.97 |
Quick Ratio
0.61
Excludes inventory
Current Ratio
0.91
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 | 0.61 |
| 2025-12-31 | 0.87 |
| 2025-09-30 | 0.69 |
| 2025-06-30 | 0.60 |
| 2025-03-31 | 0.58 |
| 2024-12-31 | 0.59 |
| 2024-09-30 | 0.62 |
| 2024-06-30 | 0.60 |
| 2024-03-31 | 0.67 |
| 2023-12-31 | 0.65 |
| 2023-09-30 | 0.64 |
| 2023-06-30 | 0.69 |
| 2023-03-31 | 0.70 |
| 2022-12-31 | 0.71 |
| 2022-09-30 | 0.69 |
| 2022-06-30 | 0.69 |
| 2022-03-31 | 0.69 |
| 2021-12-31 | 0.71 |
| 2021-09-30 | 0.92 |
| 2021-06-30 | 0.85 |
| 2021-03-31 | 0.99 |
| 2020-12-31 | 1.33 |
| 2020-09-30 | 1.03 |
| 2020-06-30 | 0.93 |
| 2020-03-31 | 0.95 |
| 2019-12-31 | 0.80 |
| 2019-09-30 | 0.85 |
| 2019-06-30 | 0.84 |
| 2019-03-31 | 0.83 |
| 2018-12-31 | 0.88 |
| 2018-09-30 | 0.93 |
| 2018-06-30 | 0.92 |
| 2018-03-31 | 0.94 |
| 2017-12-31 | 0.87 |
| 2017-09-30 | 1.02 |
| 2017-06-30 | 1.00 |
| 2017-03-31 | 0.97 |
| 2016-12-31 | 0.83 |
| 2016-09-30 | 0.80 |
| 2016-06-30 | 0.58 |
| 2016-03-31 | 0.67 |
| 2015-12-31 | 0.60 |
| 2015-09-30 | 0.59 |
| 2015-06-30 | 0.66 |
| 2015-03-31 | 0.76 |
| 2014-12-31 | 1.01 |
| 2014-09-30 | 0.88 |
| 2014-06-30 | 0.82 |
| 2014-03-31 | 0.88 |
| 2013-12-31 | 2.59 |
| 2013-09-30 | 2.39 |
| 2013-06-30 | 0.72 |
| 2013-03-31 | 0.78 |
| 2012-12-31 | 0.75 |
| 2012-09-30 | 0.92 |
| 2012-06-30 | 1.00 |
| 2012-03-31 | 0.98 |
| 2011-12-31 | 0.98 |
| 2011-09-30 | 0.77 |
| 2011-06-30 | 0.77 |
| 2011-03-31 | 0.88 |
| 2010-12-31 | 0.69 |
| 2010-09-30 | 0.71 |
| 2010-06-30 | 0.63 |
| 2010-03-31 | 0.76 |
| 2009-12-31 | 0.70 |
| 2009-09-30 | 0.71 |
| 2009-06-30 | 0.71 |
| 2009-03-31 | 0.56 |
| 2008-12-31 | 0.93 |
| 2008-09-30 | 0.59 |
| 2008-06-30 | 0.53 |
| 2008-03-31 | 0.84 |
| 2007-12-31 | 0.69 |
| 2007-09-30 | 0.63 |
| 2007-06-30 | 0.62 |
| 2007-03-31 | 0.58 |
| 2006-12-31 | 0.65 |
| 2006-09-30 | 0.57 |
| 2006-06-30 | 0.57 |
| 2006-03-31 | 0.55 |
| 2005-12-31 | 0.67 |
| 2005-09-30 | 0.58 |
| 2005-06-30 | 0.56 |
| 2005-03-31 | 0.67 |
| 2004-12-31 | 0.78 |
| 2004-09-30 | 0.71 |
| 2004-06-30 | 0.69 |
| 2004-03-31 | 0.64 |
| 2003-12-31 | 0.66 |
| 2003-09-30 | 0.59 |
| 2003-06-30 | 0.59 |
| 2003-03-31 | 0.73 |
| 2002-12-31 | 0.74 |
| 2002-09-30 | 0.71 |
| 2002-06-30 | 0.60 |