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 3.12 is 35% below its 5-year average of 4.80, near the low end of its 5-year range (2.42–15.33).
As of the fiscal period ended Tuesday, June 30, 2026. 14.88% below its 12-month average of 3.67.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 3.12.
QUICK RATIO (ACID-TEST)
3.12
QUICK RATIO (ACID-TEST) AVG TTM
3.67
QUICK RATIO (ACID-TEST) AVG 3Y
3.24
QUICK RATIO (ACID-TEST) AVG 5Y
4.80
QUICK RATIO (ACID-TEST) AVG 10Y
4.29
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-14.88%
CURRENT VS 3Y AVG
-3.55%
CURRENT VS 5Y AVG
-34.98%
CURRENT VS 10Y AVG
-27.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
-6.83%
vs the sector median at left
Beyond Air, Inc.
Market Cap
$1.84M
Quick Ratio (Acid-Test)
3.12
TTM Avg
3.67
3Y Avg
3.24
5Y Avg
4.80
Market Cap
$1.84M
Quick Ratio (Acid-Test)
0.48
TTM Avg
2.93
3Y Avg
2.61
5Y Avg
1.85
Market Cap
$1.83M
Quick Ratio (Acid-Test)
0.03
TTM Avg
0.09
3Y Avg
0.05
5Y Avg
0.04
Market Cap
$1.81M
Quick Ratio (Acid-Test)
0.77
TTM Avg
3.21
3Y Avg
3.08
5Y Avg
4.05
Market Cap
$1.88M
Quick Ratio (Acid-Test)
1.97
TTM Avg
4.42
3Y Avg
2.96
5Y Avg
3.81
Market Cap
$1.88M
Quick Ratio (Acid-Test)
4.85
TTM Avg
5.04
3Y Avg
6.52
5Y Avg
9.62
Market Cap
$1.64M
Quick Ratio (Acid-Test)
5.36
TTM Avg
7.82
3Y Avg
13.02
5Y Avg
13.86
Market Cap
$2.13M
Quick Ratio (Acid-Test)
1.54
TTM Avg
2.65
3Y Avg
3.41
5Y Avg
4.73
Market Cap
$2.14M
Quick Ratio (Acid-Test)
0.21
TTM Avg
0.87
3Y Avg
0.72
5Y Avg
1.52
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Beyond Air, Inc. (XAIR) | $1.84M | 3.12 | 3.67 | 3.24 | 4.80 |
| Tenon Medical, Inc. (TNON)vs › | $1.84M | 0.48 | 2.93 | 2.61 | 1.85 |
| Profusa, Inc. Common Stock (PFSA)vs › | $1.83M | 0.03 | 0.09 | 0.05 | 0.04 |
| Alaunos Therapeutics, Inc. (TCRT)vs › | $1.81M | 0.77 | 3.21 | 3.08 | 4.05 |
| TransCode Therapeutics, Inc. (RNAZ)vs › | $1.88M | 1.97 | 4.42 | 2.96 | 3.81 |
| Autonomix Medical, Inc. (AMIX)vs › | $1.88M | 4.85 | 5.04 | 6.52 | 9.62 |
| Silo Pharma, Inc. (SILO)vs › | $1.64M | 5.36 | 7.82 | 13.02 | 13.86 |
| GeoVax Labs, Inc. (GOVX)vs › | $2.13M | 1.54 | 2.65 | 3.41 | 4.73 |
| Vivos Therapeutics, Inc. (VVOS)vs › | $2.14M | 0.21 | 0.87 | 0.72 | 1.52 |
| Lakewood-Amedex Biotherapeutics, Inc. (LABT)vs › | $1.52M | 7.70 | 0.13 | 0.13 | 0.13 |
Quick Ratio
3.12
Excludes inventory
Current Ratio
3.31
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 | 3.12 |
| 2026-06-30 | 3.12 |
| 2026-03-31 | 3.59 |
| 2025-12-31 | 4.77 |
| 2025-09-30 | 3.73 |
| 2025-03-31 | 2.72 |
| 2024-12-31 | 3.12 |
| 2024-09-30 | 5.38 |
| 2024-06-30 | 2.42 |
| 2024-03-31 | 3.61 |
| 2023-12-31 | 3.26 |
| 2023-09-30 | 3.66 |
| 2023-06-30 | 5.16 |
| 2023-03-31 | 2.95 |
| 2022-12-31 | 5.59 |
| 2022-09-30 | 6.41 |
| 2022-06-30 | 8.34 |
| 2022-03-31 | 8.64 |
| 2021-12-31 | 15.33 |
| 2021-09-30 | 7.28 |
| 2021-06-30 | 9.11 |
| 2021-03-31 | 9.30 |
| 2020-12-31 | 7.99 |
| 2020-09-30 | 6.27 |
| 2020-06-30 | 6.51 |
| 2020-03-31 | 5.46 |
| 2019-12-31 | 3.48 |
| 2019-09-30 | 1.89 |
| 2019-06-30 | 2.42 |
| 2019-03-31 | 1.49 |
| 2018-12-31 | 2.17 |
| 2018-09-30 | 4.03 |
| 2018-06-30 | 4.60 |
| 2018-03-31 | 4.27 |
| 2017-12-31 | 1.45 |
| 2017-09-30 | 3.54 |
| 2017-06-30 | 5.89 |
| 2017-03-31 | 4.57 |
| 2016-12-31 | 0.04 |
| 2016-09-30 | 0.08 |
| 2016-06-30 | 0.19 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.01 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.64 |
| 2015-03-31 | 0.64 |
| 2014-12-31 | 0.45 |
| 2014-09-30 | 0.45 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
