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 4.01 is 202% above its 5-year average of 1.33, around the middle of its 5-year range (0.05–5.93).
As of the fiscal period ended Sunday, May 31, 2026. 58.64% above its 12-month average of 2.53.
Reported quarterly quick ratio; no daily interpolation. Q4 FY2026 (2026-05-31): 4.01.
QUICK RATIO (ACID-TEST)
4.01
QUICK RATIO (ACID-TEST) AVG TTM
2.53
QUICK RATIO (ACID-TEST) AVG 3Y
0.48
QUICK RATIO (ACID-TEST) AVG 5Y
1.33
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
+58.64%
CURRENT VS 3Y AVG
+739.94%
CURRENT VS 5Y AVG
+202.22%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+152.19%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.70B
Quick Ratio (Acid-Test)
4.01
TTM Avg
2.53
3Y Avg
0.48
5Y Avg
1.33
Market Cap
$7.70B
Quick Ratio (Acid-Test)
1.09
TTM Avg
1.11
3Y Avg
1.11
5Y Avg
1.10
Market Cap
$7.73B
Quick Ratio (Acid-Test)
2.38
TTM Avg
2.34
3Y Avg
2.07
5Y Avg
1.92
Market Cap
$8.66B
Quick Ratio (Acid-Test)
2.13
TTM Avg
1.58
3Y Avg
1.27
5Y Avg
1.16
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corp. (APLD) | $7.70B | 4.01 | 2.53 | 0.48 | 1.33 |
| Paylocity Holding Corporation (PCTY)vs › | $7.70B | 1.09 | 1.11 | 1.11 | 1.10 |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.73B | 2.38 | 2.34 | 2.07 | 1.92 |
| AppFolio Inc. (APPF)vs › | $7.46B | 3.83 | 4.25 | 3.92 | 3.78 |
| GitLab Inc. (GTLB)vs › | $7.99B | 2.41 | 2.50 | 2.60 | 2.89 |
| UiPath Inc. (PATH)vs › | $7.36B | 2.39 | 2.71 | 3.20 | 3.19 |
| Duolingo, Inc. (DUOL)vs › | $6.75B | 2.72 | 2.61 | 3.07 | 3.32 |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.66B | 2.13 | 1.58 | 1.27 | 1.16 |
| Camtek Ltd. (CAMT)vs › | $6.70B | 6.58 | 5.71 | 5.43 | 5.12 |
| Plexus Corp. (PLXS)vs › | $6.64B | 0.72 | 0.74 | 0.67 | 0.76 |
Quick Ratio
4.01
Excludes inventory
Current Ratio
4.01
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) |
|---|---|
| 2026-05-31 | 4.01 |
| 2026-02-28 | 2.38 |
| 2025-11-30 | 4.82 |
| 2025-08-31 | 0.65 |
| 2025-05-31 | 0.77 |
| 2025-02-28 | 0.70 |
| 2024-11-30 | 0.77 |
| 2024-08-31 | 0.22 |
| 2024-05-31 | 0.73 |
| 2024-02-29 | 0.30 |
| 2023-11-30 | 0.18 |
| 2023-08-31 | 0.05 |
| 2023-05-31 | 0.40 |
| 2023-02-28 | 0.22 |
| 2022-11-30 | 0.30 |
| 2022-08-31 | 0.72 |
| 2022-05-31 | 1.39 |
| 2022-02-28 | 0.82 |
| 2021-11-30 | 2.40 |
| 2021-08-31 | 5.93 |
| 2021-05-31 | 4.70 |
| 2021-02-28 | 0.00 |
| 2020-11-30 | 0.00 |
| 2020-08-31 | 0.00 |
