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 0.32 is 10% below its 5-year average of 0.36, near the low end of its 5-year range (0.30–0.56).
As of the fiscal period ended Saturday, May 31, 2025. 0.63% below its 12-month average of 0.32.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.32
QUICK RATIO (ACID-TEST) AVG TTM
0.32
QUICK RATIO (ACID-TEST) AVG 3Y
0.33
QUICK RATIO (ACID-TEST) AVG 5Y
0.34
QUICK RATIO (ACID-TEST) AVG 10Y
0.43
QUICK RATIO (ACID-TEST) AVG 15Y
0.50
QUICK RATIO (ACID-TEST) AVG 20Y
0.53
CURRENT VS TTM AVG
-0.63%
CURRENT VS 3Y AVG
-3.56%
CURRENT VS 5Y AVG
-5.09%
CURRENT VS 10Y AVG
-24.84%
CURRENT VS 15Y AVG
-35.01%
CURRENT VS 20Y AVG
-38.54%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-73.32%
vs the sector median at left
Walgreens Boots Alliance, Inc.
Market Cap
$10.37B
Quick Ratio (Acid-Test)
0.32
TTM Avg
0.32
3Y Avg
0.33
5Y Avg
0.34
Market Cap
$10.46B
Quick Ratio (Acid-Test)
1.69
TTM Avg
1.66
3Y Avg
1.58
5Y Avg
1.56
Market Cap
$10.06B
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.07
3Y Avg
1.16
5Y Avg
1.16
Market Cap
$9.76B
Quick Ratio (Acid-Test)
0.76
TTM Avg
0.77
3Y Avg
0.86
5Y Avg
0.88
Market Cap
$11.28B
Quick Ratio (Acid-Test)
2.38
TTM Avg
2.56
3Y Avg
2.82
5Y Avg
2.96
Market Cap
$11.58B
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.07
3Y Avg
1.10
5Y Avg
1.11
Market Cap
$8.95B
Quick Ratio (Acid-Test)
4.19
TTM Avg
4.52
3Y Avg
4.42
5Y Avg
3.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Walgreens Boots Alliance, Inc. (WBA) | $10.37B | 0.32 | 0.32 | 0.33 | 0.34 |
| Molina Healthcare, Inc. (MOH)vs › | $10.46B | 1.69 | 1.66 | 1.58 | 1.56 |
| Universal Health Services, Inc. (UHS)vs › | $10.06B | 0.98 | 1.07 | 1.16 | 1.16 |
| Henry Schein, Inc. (HSIC)vs › | $9.76B | 0.76 | 0.77 | 0.86 | 0.88 |
| Bio-Techne Corporation (TECH)vs › | $11.28B | 2.38 | 2.56 | 2.82 | 2.96 |
| Charles River Laboratories International, Inc. (CRL)vs › | $11.58B | 1.02 | 1.07 | 1.10 | 1.11 |
| Insulet Corp. (PODD)vs › | $11.60B | 2.11 | 2.42 | 2.51 | 3.28 |
| Bio-Rad Laboratories, Inc. (BIO)vs › | $8.95B | 4.19 | 4.52 | 4.42 | 3.69 |
| Revvity, Inc. (RVTY)vs › | $12.44B | 1.40 | 2.21 | 2.02 | 1.79 |
| Align Technology, Inc. (ALGN)vs › | $12.58B | 1.24 | 1.17 | 1.11 | 1.16 |
Quick Ratio
0.32
Excludes inventory
Current Ratio
0.68
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) |
|---|---|
| 2025-05-31 | 0.32 |
| 2025-02-28 | 0.32 |
| 2024-11-30 | 0.30 |
| 2024-08-31 | 0.37 |
| 2024-05-31 | 0.31 |
| 2024-02-29 | 0.32 |
| 2023-11-30 | 0.30 |
| 2023-08-31 | 0.30 |
| 2023-05-31 | 0.32 |
| 2023-02-28 | 0.32 |
| 2022-11-30 | 0.36 |
| 2022-08-31 | 0.38 |
| 2022-05-31 | 0.43 |
| 2022-02-28 | 0.35 |
| 2021-11-30 | 0.44 |
| 2021-08-31 | 0.35 |
| 2021-05-31 | 0.53 |
| 2021-02-28 | 0.56 |
| 2020-11-30 | 0.33 |
| 2020-08-31 | 0.32 |
| 2020-05-31 | 0.33 |
| 2020-02-29 | 0.32 |
| 2019-11-30 | 0.31 |
| 2019-08-31 | 0.36 |
| 2019-05-31 | 0.37 |
| 2019-02-28 | 0.38 |
| 2018-11-30 | 0.36 |
| 2018-08-31 | 0.38 |
| 2018-05-31 | 0.47 |
| 2018-02-28 | 0.45 |
| 2017-11-30 | 0.47 |
| 2017-08-31 | 0.59 |
| 2017-05-31 | 0.90 |
| 2017-02-28 | 1.03 |
| 2016-11-30 | 0.94 |
| 2016-08-31 | 0.99 |
| 2016-05-31 | 0.68 |
| 2016-02-29 | 0.70 |
| 2015-11-30 | 0.61 |
| 2015-08-31 | 0.66 |
| 2015-05-31 | 0.76 |
| 2015-02-28 | 0.68 |
| 2014-11-30 | 1.70 |
| 2014-08-31 | 0.69 |
| 2014-05-31 | 0.65 |
| 2014-02-28 | 0.57 |
| 2013-11-30 | 0.45 |
| 2013-08-31 | 0.57 |
| 2013-05-31 | 0.59 |
| 2013-02-28 | 0.57 |
| 2012-11-30 | 0.47 |
| 2012-08-31 | 0.43 |
| 2012-05-31 | 0.61 |
| 2012-02-29 | 0.53 |
| 2011-11-30 | 0.47 |
| 2011-08-31 | 0.53 |
| 2011-05-31 | 0.69 |
| 2011-02-28 | 0.65 |
| 2010-11-30 | 0.58 |
| 2010-08-31 | 0.61 |
| 2010-05-31 | 0.71 |
| 2010-02-28 | 0.82 |
| 2009-11-30 | 0.75 |
| 2009-08-31 | 0.78 |
| 2009-05-31 | 0.77 |
| 2009-02-28 | 0.63 |
| 2008-11-30 | 0.45 |
| 2008-08-31 | 0.48 |
| 2008-05-31 | 0.42 |
| 2008-02-29 | 0.39 |
| 2007-11-30 | 0.37 |
| 2007-08-31 | 0.40 |
| 2007-05-31 | 0.52 |
| 2007-02-28 | 0.54 |
| 2006-11-30 | 0.50 |
| 2006-08-31 | 0.64 |
| 2006-05-31 | 0.74 |
| 2006-02-28 | 0.66 |
| 2005-11-30 | 0.51 |
| 2005-08-31 | 0.61 |
| 2005-05-31 | 0.70 |
| 2005-02-28 | 0.72 |
| 2004-11-30 | 0.60 |
| 2004-08-31 | 0.74 |
| 2004-05-31 | 0.79 |
| 2004-02-29 | 0.68 |
| 2003-11-30 | 0.54 |
| 2003-08-31 | 0.63 |
| 2003-05-31 | 0.62 |
| 2003-02-28 | 0.57 |
| 2002-11-30 | 0.44 |
| 2002-08-31 | 0.51 |
| 2002-05-31 | 0.51 |
| 2002-02-28 | 0.40 |
| 2001-11-30 | 0.29 |
| 2001-08-31 | 0.30 |
