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 3.66 is 25% above its 5-year average of 2.93, near the high end of its 5-year range (2.12–4.02).
As of the fiscal period ended Monday, March 31, 2025. 17.71% above its 12-month average of 3.11.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.66
QUICK RATIO (ACID-TEST) AVG TTM
3.11
QUICK RATIO (ACID-TEST) AVG 3Y
2.95
QUICK RATIO (ACID-TEST) AVG 5Y
2.93
QUICK RATIO (ACID-TEST) AVG 10Y
2.86
QUICK RATIO (ACID-TEST) AVG 15Y
2.64
QUICK RATIO (ACID-TEST) AVG 20Y
2.47
CURRENT VS TTM AVG
+17.71%
CURRENT VS 3Y AVG
+23.96%
CURRENT VS 5Y AVG
+24.76%
CURRENT VS 10Y AVG
+27.90%
CURRENT VS 15Y AVG
+38.34%
CURRENT VS 20Y AVG
+48.29%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+131.43%
vs the sector median at left
Market Cap
$33.79B
Quick Ratio (Acid-Test)
2.98
TTM Avg
3.18
3Y Avg
2.52
5Y Avg
2.14
Market Cap
$34.04B
Quick Ratio (Acid-Test)
0.96
TTM Avg
0.99
3Y Avg
1.15
5Y Avg
1.25
Market Cap
$30.36B
Quick Ratio (Acid-Test)
1.08
TTM Avg
1.35
3Y Avg
1.28
5Y Avg
1.34
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ANSYS, Inc. (ANSS) | $32.91B | 3.66 | 3.11 | 2.95 | 2.93 |
| NetApp, Inc. (NTAP)vs › | $32.86B | 1.39 | 1.30 | 1.26 | 1.37 |
| Jabil Inc. (JBL)vs › | $32.76B | 0.66 | 0.69 | 0.68 | 0.66 |
| ON Semiconductor Corporation (ON)vs › | $33.79B | 2.98 | 3.18 | 2.52 | 2.14 |
| Ubiquiti Inc. (UI)vs › | $31.82B | 0.70 | 1.15 | 1.17 | 1.24 |
| Roblox Corporation (RBLX)vs › | $34.04B | 0.96 | 0.99 | 1.15 | 1.25 |
| Celestica Inc. (CLS)vs › | $35.10B | 0.88 | 0.90 | 0.80 | 0.83 |
| Workday, Inc. (WDAY)vs › | $35.45B | 1.32 | 1.58 | 1.70 | 1.48 |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 1.08 | 1.35 | 1.28 | 1.34 |
| Veeva Systems Inc. (VEEV)vs › | $30.25B | 4.89 | 4.70 | 4.39 | 4.08 |
Quick Ratio
3.66
Excludes inventory
Current Ratio
3.01
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) |
|---|---|
| 2025-03-31 | 3.66 |
| 2024-12-31 | 3.01 |
| 2024-09-30 | 3.11 |
| 2024-06-30 | 2.95 |
| 2024-03-31 | 2.80 |
| 2023-12-31 | 2.30 |
| 2023-09-30 | 3.92 |
| 2023-06-30 | 3.27 |
| 2023-03-31 | 3.09 |
| 2022-12-31 | 3.44 |
| 2022-09-30 | 2.38 |
| 2022-06-30 | 2.12 |
| 2022-03-31 | 2.28 |
| 2021-12-31 | 3.49 |
| 2021-09-30 | 2.93 |
| 2021-06-30 | 2.72 |
| 2021-03-31 | 2.66 |
| 2020-12-31 | 4.02 |
| 2020-09-30 | 2.60 |
| 2020-06-30 | 2.38 |
| 2020-03-31 | 2.40 |
| 2019-12-31 | 3.85 |
| 2019-09-30 | 3.68 |
| 2019-06-30 | 3.04 |
| 2019-03-31 | 2.78 |
| 2018-12-31 | 3.44 |
| 2018-09-30 | 3.67 |
| 2018-06-30 | 3.23 |
| 2018-03-31 | 3.78 |
| 2017-12-31 | 2.35 |
| 2017-09-30 | 2.42 |
| 2017-06-30 | 2.23 |
| 2017-03-31 | 2.24 |
| 2016-12-31 | 2.17 |
| 2016-09-30 | 2.42 |
| 2016-06-30 | 2.37 |
| 2016-03-31 | 2.36 |
| 2015-12-31 | 2.22 |
| 2015-09-30 | 2.54 |
| 2015-06-30 | 2.58 |
| 2015-03-31 | 2.32 |
| 2014-12-31 | 2.39 |
| 2014-09-30 | 2.64 |
| 2014-06-30 | 2.38 |
| 2014-03-31 | 2.56 |
| 2013-12-31 | 2.42 |
| 2013-09-30 | 2.48 |
| 2013-06-30 | 2.15 |
| 2013-03-31 | 2.22 |
| 2012-12-31 | 1.91 |
| 2012-09-30 | 1.82 |
| 2012-06-30 | 1.81 |
| 2012-03-31 | 4.25 |
| 2011-12-31 | 1.69 |
| 2011-09-30 | 1.69 |
| 2011-06-30 | 2.46 |
| 2011-03-31 | 2.37 |
| 2010-12-31 | 2.30 |
| 2010-09-30 | 1.93 |
| 2010-06-30 | 2.12 |
| 2010-03-31 | 2.03 |
| 2009-12-31 | 1.93 |
| 2009-09-30 | 1.49 |
| 2009-06-30 | 1.21 |
| 2009-03-31 | 1.43 |
| 2008-12-31 | 1.48 |
| 2008-09-30 | 1.45 |
| 2008-06-30 | 1.61 |
| 2008-03-31 | 1.64 |
| 2007-12-31 | 1.56 |
| 2007-09-30 | 1.46 |
| 2007-06-30 | 1.33 |
| 2007-03-31 | 1.26 |
| 2006-12-31 | 1.20 |
| 2006-09-30 | 1.17 |
| 2006-06-30 | 1.15 |
| 2006-03-31 | 3.21 |
| 2005-12-31 | 3.01 |
| 2005-09-30 | 3.37 |
| 2005-06-30 | 3.06 |
| 2005-03-31 | 2.86 |
| 2004-12-31 | 2.82 |
| 2004-09-30 | 2.85 |
| 2004-06-30 | 2.57 |
| 2004-03-31 | 2.40 |
| 2003-12-31 | 2.37 |
| 2003-09-30 | 2.28 |
| 2003-06-30 | 1.99 |
| 2003-03-31 | 1.73 |
| 2002-12-31 | 2.60 |
| 2002-09-30 | 2.47 |
| 2002-06-30 | 2.24 |
| 2002-03-31 | 2.20 |
| 2001-12-31 | 1.92 |
| 2001-09-30 | 2.53 |
| 2001-06-30 | 2.58 |
