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 3.46 is 55% below its 5-year average of 7.76, near the low end of its 5-year range (3.46–16.17).
As of the fiscal period ended Tuesday, June 30, 2026. 15.90% below its 12-month average of 4.12.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.46.
QUICK RATIO (ACID-TEST)
3.46
QUICK RATIO (ACID-TEST) AVG TTM
4.12
QUICK RATIO (ACID-TEST) AVG 3Y
5.03
QUICK RATIO (ACID-TEST) AVG 5Y
7.76
QUICK RATIO (ACID-TEST) AVG 10Y
8.59
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-15.90%
CURRENT VS 3Y AVG
-31.17%
CURRENT VS 5Y AVG
-55.42%
CURRENT VS 10Y AVG
-59.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.15
median of 703 covered companies
CURRENT VS SECTOR MEDIAN
+9.90%
vs the sector median at left
Aclaris Therapeutics, Inc.
Market Cap
$560.62M
Quick Ratio (Acid-Test)
3.46
TTM Avg
4.12
3Y Avg
5.03
5Y Avg
7.76
Market Cap
$560.00M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$555.37M
Quick Ratio (Acid-Test)
1.68
TTM Avg
2.23
3Y Avg
2.63
5Y Avg
2.59
Market Cap
$566.07M
Quick Ratio (Acid-Test)
2.36
TTM Avg
2.55
3Y Avg
5.33
5Y Avg
7.55
Market Cap
$554.29M
Quick Ratio (Acid-Test)
5.42
TTM Avg
12.18
3Y Avg
12.18
5Y Avg
12.18
Market Cap
$570.38M
Quick Ratio (Acid-Test)
9.36
TTM Avg
2.17
3Y Avg
1.76
5Y Avg
2.63
Market Cap
$575.27M
Quick Ratio (Acid-Test)
6.74
TTM Avg
3.69
3Y Avg
2.52
5Y Avg
2.35
Market Cap
$540.78M
Quick Ratio (Acid-Test)
8.95
TTM Avg
10.43
3Y Avg
5.97
5Y Avg
5.34
Market Cap
$541.37M
Quick Ratio (Acid-Test)
8.36
TTM Avg
10.03
3Y Avg
20.35
5Y Avg
14.11
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aclaris Therapeutics, Inc. (ACRS) | $560.62M | 3.46 | 4.12 | 5.03 | 7.76 |
| MiniMed Group, Inc. (MMEDV)vs › | $560.00M | N/A | N/A | N/A | N/A |
| Nuvectis Pharma, Inc. (NVCT)vs › | $555.37M | 1.68 | 2.23 | 2.63 | 2.59 |
| CorMedix Inc. (CRMD)vs › | $566.07M | 2.36 | 2.55 | 5.33 | 7.55 |
| BlossomHill Therapeutics, Inc. (BLSM)vs › | $554.29M | 5.42 | 12.18 | 12.18 | 12.18 |
| CytomX Therapeutics, Inc. (CTMX)vs › | $570.38M | 9.36 | 2.17 | 1.76 | 2.63 |
| Aquestive Therapeutics, Inc. (AQST)vs › | $575.27M | 6.74 | 3.69 | 2.52 | 2.35 |
| Delcath Systems, Inc. (DCTH)vs › | $540.78M | 8.95 | 10.43 | 5.97 | 5.34 |
| ProKidney Corp. (PROK)vs › | $541.37M | 8.36 | 10.03 | 20.35 | 14.11 |
| Immix Biopharma, Inc. (IMMX)vs › | $539.42M | 25.13 | 6.17 | 7.34 | 19.91 |
Quick Ratio
3.46
Excludes inventory
Current Ratio
3.46
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 | 3.46 |
| 2026-03-31 | 4.03 |
| 2025-12-31 | 5.28 |
| 2025-09-30 | 3.92 |
| 2025-06-30 | 3.88 |
| 2025-03-31 | 5.06 |
| 2024-12-31 | 3.99 |
| 2024-09-30 | 7.03 |
| 2024-06-30 | 7.50 |
| 2024-03-31 | 6.74 |
| 2023-12-31 | 4.16 |
| 2023-09-30 | 4.50 |
| 2023-06-30 | 5.82 |
| 2023-03-31 | 10.10 |
| 2022-12-31 | 10.55 |
| 2022-09-30 | 12.97 |
| 2022-06-30 | 15.99 |
| 2022-03-31 | 11.41 |
| 2021-12-31 | 8.94 |
| 2021-09-30 | 11.54 |
| 2021-06-30 | 16.17 |
| 2021-03-31 | 9.27 |
| 2020-12-31 | 3.87 |
| 2020-09-30 | 4.54 |
| 2020-06-30 | 4.00 |
| 2020-03-31 | 4.01 |
| 2019-12-31 | 3.74 |
| 2019-09-30 | 2.42 |
| 2019-06-30 | 3.22 |
| 2019-03-31 | 4.30 |
| 2018-12-31 | 6.54 |
| 2018-09-30 | 6.48 |
| 2018-06-30 | 8.48 |
| 2018-03-31 | 13.91 |
| 2017-12-31 | 16.86 |
| 2017-09-30 | 23.43 |
| 2017-06-30 | 21.00 |
| 2017-03-31 | 27.91 |
| 2016-12-31 | 27.98 |
| 2016-09-30 | 18.64 |
| 2016-06-30 | 17.37 |
| 2016-03-31 | 23.29 |
| 2015-12-31 | 59.19 |
| 2015-09-30 | 20.25 |
| 2015-06-30 | 7.33 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 11.26 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |