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 0.72 is 12% above its 5-year average of 0.64, near the high end of its 5-year range (0.57–0.72).
As of the fiscal period ended Tuesday, June 30, 2026. 5.65% above its 12-month average of 0.68.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 0.72.
QUICK RATIO (ACID-TEST)
0.72
QUICK RATIO (ACID-TEST) AVG TTM
0.68
QUICK RATIO (ACID-TEST) AVG 3Y
0.66
QUICK RATIO (ACID-TEST) AVG 5Y
0.64
QUICK RATIO (ACID-TEST) AVG 10Y
0.61
QUICK RATIO (ACID-TEST) AVG 15Y
0.56
QUICK RATIO (ACID-TEST) AVG 20Y
0.58
CURRENT VS TTM AVG
+5.65%
CURRENT VS 3Y AVG
+8.97%
CURRENT VS 5Y AVG
+11.80%
CURRENT VS 10Y AVG
+18.02%
CURRENT VS 15Y AVG
+27.73%
CURRENT VS 20Y AVG
+23.85%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.27
median of 154 covered companies
CURRENT VS SECTOR MEDIAN
-43.67%
vs the sector median at left
Warner Music Group Corp.
Market Cap
$14.43B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.68
3Y Avg
0.66
5Y Avg
0.64
Market Cap
$14.72B
Quick Ratio (Acid-Test)
0.36
TTM Avg
0.35
3Y Avg
0.33
5Y Avg
0.34
Market Cap
$15.21B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.80
3Y Avg
0.84
5Y Avg
0.78
Market Cap
$13.21B
Quick Ratio (Acid-Test)
1.20
TTM Avg
1.28
3Y Avg
1.19
5Y Avg
1.88
Market Cap
$15.88B
Quick Ratio (Acid-Test)
5.12
TTM Avg
0.84
3Y Avg
0.79
5Y Avg
1.52
Market Cap
$15.91B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.61
3Y Avg
1.43
5Y Avg
1.35
Market Cap
$12.61B
Quick Ratio (Acid-Test)
3.81
TTM Avg
8.20
3Y Avg
9.00
5Y Avg
9.96
Market Cap
$17.16B
Quick Ratio (Acid-Test)
1.51
TTM Avg
1.61
3Y Avg
1.44
5Y Avg
1.35
Market Cap
$10.75B
Quick Ratio (Acid-Test)
1.51
TTM Avg
2.73
3Y Avg
1.64
5Y Avg
1.32
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Warner Music Group Corp. (WMG) | $14.43B | 0.72 | 0.68 | 0.66 | 0.64 |
| Charter Communications, Inc. (CHTR)vs › | $14.72B | 0.36 | 0.35 | 0.33 | 0.34 |
| Millicom International Cellular S.A. (TIGO)vs › | $15.21B | 0.51 | 0.80 | 0.84 | 0.78 |
| TKO Group Holdings, Inc. (TKO)vs › | $13.21B | 1.20 | 1.28 | 1.19 | 1.88 |
| EchoStar Corporation (ECHO)vs › | $15.88B | 5.12 | 0.84 | 0.79 | 1.52 |
| News Corporation (NWSA)vs › | $15.91B | 1.51 | 1.61 | 1.43 | 1.35 |
| Pinterest, Inc. (PINS)vs › | $12.61B | 3.81 | 8.20 | 9.00 | 9.96 |
| News Corporation (NWS)vs › | $17.16B | 1.51 | 1.61 | 1.44 | 1.35 |
| Globalstar, Inc. (GSAT)vs › | $10.75B | 1.51 | 2.73 | 1.64 | 1.32 |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $10.63B | 0.88 | 1.14 | 1.15 | 1.15 |
Quick Ratio
0.72
Excludes inventory
Current Ratio
0.73
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 | 0.72 |
| 2026-03-31 | 0.71 |
| 2025-12-31 | 0.69 |
| 2025-09-30 | 0.64 |
| 2025-06-30 | 0.64 |
| 2025-03-31 | 0.64 |
| 2024-12-31 | 0.67 |
| 2024-09-30 | 0.65 |
| 2024-06-30 | 0.67 |
| 2024-03-31 | 0.67 |
| 2023-12-31 | 0.67 |
| 2023-09-30 | 0.64 |
| 2023-06-30 | 0.67 |
| 2023-03-31 | 0.66 |
| 2022-12-31 | 0.67 |
| 2022-09-30 | 0.60 |
| 2022-06-30 | 0.58 |
| 2022-03-31 | 0.58 |
| 2021-12-31 | 0.58 |
| 2021-09-30 | 0.57 |
| 2021-06-30 | 0.57 |
| 2021-03-31 | 0.60 |
| 2020-12-31 | 0.61 |
| 2020-09-30 | 0.59 |
| 2020-06-30 | 0.60 |
| 2020-03-31 | 0.56 |
| 2019-12-31 | 0.57 |
| 2019-09-30 | 0.57 |
| 2019-06-30 | 0.59 |
| 2019-03-31 | 0.58 |
| 2018-12-31 | 0.59 |
| 2018-09-30 | 0.48 |
| 2018-06-30 | 0.68 |
| 2018-03-31 | 0.60 |
| 2017-12-31 | 0.66 |
| 2017-09-30 | 0.59 |
| 2017-06-30 | 0.59 |
| 2017-03-31 | 0.55 |
| 2016-12-31 | 0.53 |
| 2016-09-30 | 0.47 |
| 2016-06-30 | 0.46 |
| 2016-03-31 | 0.46 |
| 2015-12-31 | 0.47 |
| 2015-09-30 | 0.42 |
| 2015-06-30 | 0.40 |
| 2015-03-31 | 0.42 |
| 2014-12-31 | 0.41 |
| 2014-09-30 | 0.39 |
| 2014-06-30 | 0.41 |
| 2014-03-31 | 0.39 |
| 2013-12-31 | 0.44 |
| 2013-09-30 | 0.43 |
| 2013-06-30 | 0.41 |
| 2013-03-31 | 0.54 |
| 2012-12-31 | 0.51 |
| 2012-09-30 | 0.57 |
| 2012-06-30 | 0.52 |
| 2012-03-31 | 0.53 |
| 2011-12-31 | 0.52 |
| 2011-09-30 | 0.51 |
| 2011-06-30 | 0.58 |
| 2011-03-31 | 0.57 |
| 2010-12-31 | 0.59 |
| 2010-09-30 | 0.63 |
| 2010-06-30 | 0.63 |
| 2010-03-31 | 0.63 |
| 2009-12-31 | 0.64 |
| 2009-09-30 | 0.63 |
| 2009-06-30 | 0.58 |
| 2009-03-31 | 0.74 |
| 2008-12-31 | 0.74 |
| 2008-09-30 | 0.64 |
| 2008-06-30 | 0.57 |
| 2008-03-31 | 0.54 |
| 2007-12-31 | 0.57 |
| 2007-09-30 | 0.60 |
| 2007-06-30 | 0.66 |
| 2007-03-31 | 0.65 |
| 2006-12-31 | 0.71 |
| 2006-09-30 | 0.69 |
| 2006-06-30 | 0.66 |
| 2006-03-31 | 0.72 |
| 2005-12-31 | 0.72 |
| 2005-09-30 | 0.68 |
| 2005-06-30 | 0.64 |
| 2005-03-31 | 0.68 |
| 2004-12-31 | 0.71 |