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 8.54 is 45% below its 5-year average of 15.47, near the low end of its 5-year range (8.08–30.67).
As of the fiscal period ended Friday, July 31, 2026. 9.16% below its 12-month average of 9.41.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 8.54.
QUICK RATIO (ACID-TEST)
8.54
QUICK RATIO (ACID-TEST) AVG TTM
9.41
QUICK RATIO (ACID-TEST) AVG 3Y
10.88
QUICK RATIO (ACID-TEST) AVG 5Y
15.47
QUICK RATIO (ACID-TEST) AVG 10Y
10.05
QUICK RATIO (ACID-TEST) AVG 15Y
7.08
QUICK RATIO (ACID-TEST) AVG 20Y
5.76
CURRENT VS TTM AVG
-9.16%
CURRENT VS 3Y AVG
-21.46%
CURRENT VS 5Y AVG
-44.78%
CURRENT VS 10Y AVG
-15.01%
CURRENT VS 15Y AVG
+20.70%
CURRENT VS 20Y AVG
+48.46%
SECTOR MEDIAN · HEALTHCARE
2.99
median of 506 covered companies
CURRENT VS SECTOR MEDIAN
+185.79%
vs the sector median at left
Anixa Biosciences, Inc.
Market Cap
$99.01M
Quick Ratio (Acid-Test)
8.54
TTM Avg
9.41
3Y Avg
10.88
5Y Avg
15.47
Market Cap
$99.24M
Quick Ratio (Acid-Test)
9.55
TTM Avg
7.84
3Y Avg
7.78
5Y Avg
8.56
Market Cap
$102.43M
Quick Ratio (Acid-Test)
1.83
TTM Avg
1.56
3Y Avg
1.30
5Y Avg
1.30
Market Cap
$102.99M
Quick Ratio (Acid-Test)
1.86
TTM Avg
1.97
3Y Avg
2.28
5Y Avg
2.24
Market Cap
$107.58M
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.94
3Y Avg
1.06
5Y Avg
1.28
Market Cap
$92.54M
Quick Ratio (Acid-Test)
3.47
TTM Avg
4.19
3Y Avg
5.60
5Y Avg
16.48
Market Cap
$108.94M
Quick Ratio (Acid-Test)
5.71
TTM Avg
10.50
3Y Avg
6.63
5Y Avg
5.88
Market Cap
$87.88M
Quick Ratio (Acid-Test)
23.40
TTM Avg
7.13
3Y Avg
4.61
5Y Avg
6.59
Market Cap
$92.41M
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.24
3Y Avg
1.67
5Y Avg
2.90
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Anixa Biosciences, Inc. (ANIX) | $99.01M | 8.54 | 9.41 | 10.88 | 15.47 |
| Korro Bio, Inc. (KRRO)vs › | $99.24M | 9.55 | 7.84 | 7.78 | 8.56 |
| The Joint Corp. (JYNT)vs › | $102.43M | 1.83 | 1.56 | 1.30 | 1.30 |
| Definitive Healthcare Corp. (DH)vs › | $102.99M | 1.86 | 1.97 | 2.28 | 2.24 |
| Cumberland Pharmaceuticals Inc. (CPIX)vs › | $107.58M | 0.96 | 0.94 | 1.06 | 1.28 |
| Biomea Fusion, Inc. (BMEA)vs › | $92.54M | 3.47 | 4.19 | 5.60 | 16.48 |
| Corbus Pharmaceuticals Holdings, Inc. (CRBP)vs › | $108.94M | 5.71 | 10.50 | 6.63 | 5.88 |
| Equillium, Inc. (EQ)vs › | $87.88M | 23.40 | 7.13 | 4.61 | 6.59 |
| electroCore, Inc. (ECOR)vs › | $92.41M | 1.00 | 1.24 | 1.67 | 2.90 |
| Apyx Medical Corporation (APYX)vs › | $110.75M | 4.53 | 4.41 | 4.05 | 4.51 |
Quick Ratio
8.54
Excludes inventory
Current Ratio
8.54
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) |
|---|---|
| 2026-07-31 | 8.54 |
| 2026-04-30 | 9.79 |
| 2026-01-31 | 12.18 |
| 2025-10-31 | 8.08 |
| 2025-07-31 | 8.45 |
| 2025-04-30 | 8.89 |
| 2025-01-31 | 9.35 |
| 2024-10-31 | 8.54 |
| 2024-07-31 | 11.31 |
| 2024-04-30 | 14.40 |
| 2024-01-31 | 15.19 |
| 2023-10-31 | 12.50 |
| 2023-07-31 | 14.22 |
| 2023-04-30 | 17.83 |
| 2023-01-31 | 22.81 |
| 2022-10-31 | 14.85 |
| 2022-07-31 | 22.01 |
| 2022-04-30 | 27.39 |
| 2022-01-31 | 19.58 |
| 2021-10-31 | 28.35 |
| 2021-07-31 | 30.67 |
| 2021-04-30 | 26.66 |
| 2021-01-31 | 9.55 |
| 2020-10-31 | 7.88 |
| 2020-07-31 | 7.64 |
| 2020-04-30 | 5.25 |
| 2020-01-31 | 5.21 |
| 2019-10-31 | 4.11 |
| 2019-07-31 | 4.59 |
| 2019-04-30 | 4.70 |
| 2019-01-31 | 4.70 |
| 2018-10-31 | 4.38 |
| 2018-07-31 | 5.06 |
| 2018-04-30 | 4.27 |
| 2018-01-31 | 5.32 |
| 2017-10-31 | 7.89 |
| 2017-07-31 | 2.20 |
| 2017-04-30 | 1.42 |
| 2017-01-31 | 0.56 |
| 2016-10-31 | 7.25 |
| 2016-07-31 | 7.53 |
| 2016-04-30 | 6.79 |
| 2016-01-31 | 4.97 |
| 2015-10-31 | 11.61 |
| 2015-07-31 | 10.90 |
| 2015-04-30 | 12.38 |
| 2015-01-31 | 6.34 |
| 2014-10-31 | 3.49 |
| 2014-07-31 | 0.77 |
| 2014-04-30 | 0.34 |
| 2014-01-31 | 0.29 |
| 2013-10-31 | 0.38 |
| 2013-07-31 | 0.33 |
| 2013-04-30 | 0.40 |
| 2013-01-31 | 0.52 |
| 2012-10-31 | 0.51 |
| 2012-07-31 | 0.64 |
| 2012-04-30 | 0.84 |
| 2012-01-31 | 1.27 |
| 2011-10-31 | 1.48 |
| 2011-07-31 | 1.23 |
| 2011-04-30 | 3.18 |
| 2011-01-31 | 1.79 |
| 2010-10-31 | 2.63 |
| 2010-07-31 | 2.98 |
| 2010-04-30 | 4.83 |
| 2010-01-31 | 5.15 |
| 2009-10-31 | 5.71 |
| 2009-07-31 | 9.63 |
| 2009-04-30 | 4.85 |
| 2009-01-31 | 3.90 |
| 2008-10-31 | 2.71 |
| 2008-07-31 | 1.34 |
| 2008-04-30 | 2.95 |
| 2008-01-31 | 2.26 |
| 2007-10-31 | 1.80 |
| 2007-07-31 | 3.60 |
| 2007-04-30 | 3.94 |
| 2007-01-31 | 3.69 |
| 2006-10-31 | 2.34 |
| 2006-07-31 | 3.71 |
| 2006-04-30 | 3.39 |
| 2006-01-31 | 2.71 |
| 2005-10-31 | 3.01 |
| 2005-07-31 | 4.31 |
| 2005-04-30 | 3.93 |
| 2005-01-31 | 3.14 |
| 2004-10-31 | 2.87 |
| 2004-07-31 | 3.35 |
| 2004-04-30 | 3.46 |
| 2004-01-31 | 2.75 |
| 2003-10-31 | 3.62 |
| 2003-07-31 | 3.21 |
| 2003-04-30 | 1.75 |
| 2003-01-31 | 2.59 |
| 2002-10-31 | 3.28 |