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 1.64 is 21% below its 4-year average of 2.07, near the low end of its 4-year range (1.57–3.02).
As of the fiscal period ended Tuesday, March 31, 2026. 0.38% below its 12-month average of 1.64.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 1.64.
QUICK RATIO (ACID-TEST)
1.64
QUICK RATIO (ACID-TEST) AVG TTM
1.64
QUICK RATIO (ACID-TEST) AVG 3Y
2.03
QUICK RATIO (ACID-TEST) AVG 5Y
2.07
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-0.38%
CURRENT VS 3Y AVG
-19.29%
CURRENT VS 5Y AVG
-20.93%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-51.25%
vs the sector median at left
Jin Medical International Ltd.
Market Cap
$15.58M
Quick Ratio (Acid-Test)
1.64
TTM Avg
1.64
3Y Avg
2.03
5Y Avg
2.07
Market Cap
$15.68M
Quick Ratio (Acid-Test)
1.11
TTM Avg
2.09
3Y Avg
1.19
5Y Avg
1.02
Market Cap
$15.78M
Quick Ratio (Acid-Test)
2.09
TTM Avg
1.13
3Y Avg
1.21
5Y Avg
2.30
Market Cap
$15.30M
Quick Ratio (Acid-Test)
1.24
TTM Avg
4.22
3Y Avg
12.60
5Y Avg
18.98
Market Cap
$14.94M
Quick Ratio (Acid-Test)
26.25
TTM Avg
8.96
3Y Avg
10.61
5Y Avg
33.19
Market Cap
$14.73M
Quick Ratio (Acid-Test)
0.76
TTM Avg
1.36
3Y Avg
2.82
5Y Avg
3.25
Market Cap
$16.52M
Quick Ratio (Acid-Test)
1.65
TTM Avg
3.34
3Y Avg
3.94
5Y Avg
7.05
Market Cap
$16.64M
Quick Ratio (Acid-Test)
1.96
TTM Avg
1.25
3Y Avg
1.80
5Y Avg
4.00
Market Cap
$14.46M
Quick Ratio (Acid-Test)
4.37
TTM Avg
1.21
3Y Avg
1.25
5Y Avg
1.53
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Jin Medical International Ltd. (ZJYL) | $15.58M | 1.64 | 1.64 | 2.03 | 2.07 |
| Allarity Therapeutics, Inc. (ALLR)vs › | $15.68M | 1.11 | 2.09 | 1.19 | 1.02 |
| BioCardia, Inc. (BCDA)vs › | $15.78M | 2.09 | 1.13 | 1.21 | 2.30 |
| Cocrystal Pharma, Inc. (COCP)vs › | $15.30M | 1.24 | 4.22 | 12.60 | 18.98 |
| Pasithea Therapeutics Corp. (KTTA)vs › | $14.94M | 26.25 | 8.96 | 10.61 | 33.19 |
| Karyopharm Therapeutics Inc. (KPTI)vs › | $14.73M | 0.76 | 1.36 | 2.82 | 3.25 |
| Dyadic International, Inc. (DYAI)vs › | $16.52M | 1.65 | 3.34 | 3.94 | 7.05 |
| Bionano Genomics, Inc. (BNGO)vs › | $16.64M | 1.96 | 1.25 | 1.80 | 4.00 |
| Vyome Holdings, Inc. (HIND)vs › | $14.46M | 4.37 | 1.21 | 1.25 | 1.53 |
| Palatin Technologies, Inc. (PTN)vs › | $16.74M | 4.61 | 2.49 | 1.75 | 2.54 |
Quick Ratio
1.64
Excludes inventory
Current Ratio
1.95
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 | 1.64 |
| 2025-09-30 | 1.65 |
| 2025-03-30 | 1.82 |
| 2024-09-30 | 2.08 |
| 2024-03-30 | 2.15 |
| 2023-09-30 | 2.83 |
| 2023-03-30 | 3.02 |
| 2022-09-30 | 2.14 |
| 2022-03-30 | 1.80 |
| 2021-09-30 | 1.57 |
| 2021-03-30 | 1.14 |
| 2020-09-30 | 1.09 |
| 2020-03-30 | 1.11 |
| 2019-09-30 | 1.24 |
| 2019-03-30 | 0.00 |
