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 1.00 is 23% below its 5-year average of 1.29, near the low end of its 5-year range (1.00–2.34).
As of the fiscal period ended Tuesday, June 30, 2026. 11.80% below its 12-month average of 1.13.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.00.
QUICK RATIO (ACID-TEST)
1.00
QUICK RATIO (ACID-TEST) AVG TTM
1.13
QUICK RATIO (ACID-TEST) AVG 3Y
1.21
QUICK RATIO (ACID-TEST) AVG 5Y
1.29
QUICK RATIO (ACID-TEST) AVG 10Y
1.47
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-11.80%
CURRENT VS 3Y AVG
-17.88%
CURRENT VS 5Y AVG
-23.06%
CURRENT VS 10Y AVG
-32.49%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
-42.45%
vs the sector median at left
Appian Corporation
Market Cap
$2.76B
Quick Ratio (Acid-Test)
1.00
TTM Avg
1.13
3Y Avg
1.21
5Y Avg
1.29
Market Cap
$2.78B
Quick Ratio (Acid-Test)
4.38
TTM Avg
4.58
3Y Avg
4.69
5Y Avg
4.87
Market Cap
$2.79B
Quick Ratio (Acid-Test)
0.91
TTM Avg
0.84
3Y Avg
0.89
5Y Avg
0.95
Market Cap
$2.79B
Quick Ratio (Acid-Test)
0.78
TTM Avg
0.99
3Y Avg
1.00
5Y Avg
1.56
Market Cap
$2.84B
Quick Ratio (Acid-Test)
1.58
TTM Avg
1.71
3Y Avg
1.61
5Y Avg
1.64
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Appian Corporation (APPN) | $2.76B | 1.00 | 1.13 | 1.21 | 1.29 |
| Alarm.com Holdings, Inc. (ALRM)vs › | $2.78B | 4.38 | 4.58 | 4.69 | 4.87 |
| Agilysys, Inc. (AGYS)vs › | $2.79B | 1.67 | 1.24 | 1.60 | 1.73 |
| Teradata Corporation (TDC)vs › | $2.79B | 0.91 | 0.84 | 0.89 | 0.95 |
| Digi International Inc. (DGII)vs › | $2.79B | 0.78 | 0.99 | 1.00 | 1.56 |
| Adeia Inc. (ADEA)vs › | $2.71B | 3.25 | 3.67 | 2.73 | 2.67 |
| StoneCo Ltd. (STNE)vs › | $2.83B | 1.26 | 1.33 | 1.29 | 1.45 |
| Cellebrite DI Ltd. (CLBT)vs › | $2.84B | 1.58 | 1.71 | 1.61 | 1.64 |
| Intapp, Inc. (INTA)vs › | $2.85B | 0.78 | 1.04 | 1.08 | 0.99 |
| SPS Commerce, Inc. (SPSC)vs › | $2.92B | 2.26 | 2.38 | 2.69 | 2.85 |
Quick Ratio
1.00
Excludes inventory
Current Ratio
1.00
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 | 1.00 |
| 2026-03-31 | 1.13 |
| 2025-12-31 | 1.15 |
| 2025-09-30 | 1.19 |
| 2025-06-30 | 1.19 |
| 2025-03-31 | 1.25 |
| 2024-12-31 | 1.23 |
| 2024-09-30 | 1.21 |
| 2024-06-30 | 1.24 |
| 2024-03-31 | 1.33 |
| 2023-12-31 | 1.12 |
| 2023-09-30 | 1.19 |
| 2023-06-30 | 1.34 |
| 2023-03-31 | 1.46 |
| 2022-12-31 | 1.56 |
| 2022-09-30 | 1.33 |
| 2022-06-30 | 1.49 |
| 2022-03-31 | 1.64 |
| 2021-12-31 | 1.57 |
| 2021-09-30 | 1.94 |
| 2021-06-30 | 2.34 |
| 2021-03-31 | 2.50 |
| 2020-12-31 | 2.34 |
| 2020-09-30 | 2.88 |
| 2020-06-30 | 3.09 |
| 2020-03-31 | 2.35 |
| 2019-12-31 | 2.47 |
| 2019-09-30 | 2.06 |
| 2019-06-30 | 1.32 |
| 2019-03-31 | 1.44 |
| 2018-12-31 | 1.63 |
| 2018-09-30 | 1.70 |
| 2018-06-30 | 1.28 |
| 2018-03-31 | 1.46 |
| 2017-12-31 | 1.53 |
| 2017-09-30 | 1.68 |
| 2017-06-30 | 1.72 |
| 2017-03-31 | 1.07 |
| 2016-12-31 | 1.16 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
