Quick Ratio (Acid-Test): 1.15
Is the quick ratio (acid-test) high or low?
The quick ratio (acid-test) of 1.15 is 31% below its 5-year average of 1.67, near the low end of its 5-year range (1.15–2.43).
As of Sunday, June 28, 2026. 13.22% below its 12-month average of 1.32.
ASAN Quick Ratio
Reported quarterly quick ratio; no daily interpolation.
ASAN Average Quick Ratio (Acid-Test) Chart
ASAN Current vs Average Quick Ratio (Acid-Test) Chart
ASAN Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
1.15
QUICK RATIO (ACID-TEST) AVG TTM
1.32
QUICK RATIO (ACID-TEST) AVG 3Y
1.57
QUICK RATIO (ACID-TEST) AVG 5Y
1.67
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
-13.22%
CURRENT VS 3Y AVG
-26.71%
CURRENT VS 5Y AVG
-31.12%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
ASAN Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $1.66B | 1.15 | 1.32 | 1.57 | 1.67 |
| C3.ai, Inc. (AI)vs › | $1.26B | 6.64 | 6.75 | 7.22 | 7.58 |
| POET Technologies Inc. (POET)vs › | $1.25B | 2.19 | 1.67 | 1.69 | 3.24 |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.00B | 13.71 | 8.39 | 6.62 | 6.04 |
| ZoomInfo Technologies Inc. (GTM)vs › | $851.74M | 0.72 | 0.70 | 1.05 | 1.11 |
| Oddity Tech Ltd. (ODD)vs › | $846.98M | 4.06 | 2.52 | 1.79 | 1.62 |
| PagerDuty, Inc. (PD)vs › | $829.12M | 2.01 | 1.94 | 2.15 | 2.52 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $726.60M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $679.64M | 1.66 | 1.61 | 1.73 | 1.98 |
| LightPath Technologies, Inc. (LPTH)vs › | $628.65M | 0.91 | 1.02 | 1.40 | 1.45 |
Liquidity Comparison
Quick Ratio
1.15
Excludes inventory
Current Ratio
1.18
Includes inventory
Quick Ratio (Acid-Test) Formula & Definition
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
Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Asana, Inc. (ASAN)?
- The quick ratio (acid-test) for ASAN stock is 1.15.
- Is Asana, Inc.'s quick ratio (acid-test) high or low?
- The quick ratio (acid-test) of 1.15 is 31% below its 5-year average of 1.67, near the low end of its 5-year range (1.15–2.43).
- What is the TTM average quick ratio (acid-test) for Asana, Inc. (ASAN)?
- The TTM average quick ratio (acid-test) for ASAN stock is 1.32.
- What is the 3Y average quick ratio (acid-test) for Asana, Inc. (ASAN)?
- The 3Y average quick ratio (acid-test) for ASAN stock is 1.57.
- What is the 5Y average quick ratio (acid-test) for Asana, Inc. (ASAN)?
- The 5Y average quick ratio (acid-test) for ASAN stock is 1.67.
ASAN Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-04-30 | 1.15 |
| 2026-01-31 | 1.18 |
| 2025-10-31 | 1.40 |
| 2025-07-31 | 1.41 |
| 2025-04-30 | 1.47 |
| 2025-01-31 | 1.44 |
| 2024-10-31 | 1.49 |
| 2024-07-31 | 1.63 |
| 2024-04-30 | 1.71 |
| 2024-01-31 | 1.80 |
| 2023-10-31 | 1.88 |
| 2023-07-31 | 1.89 |
| 2023-04-30 | 1.90 |
| 2023-01-31 | 1.99 |
| 2022-10-31 | 2.11 |
| 2022-07-31 | 1.15 |
| 2022-04-30 | 1.37 |
| 2022-01-31 | 1.61 |
| 2021-10-31 | 1.87 |
| 2021-07-31 | 2.10 |
| 2021-04-30 | 2.43 |
| 2021-01-31 | 2.73 |
| 2020-10-31 | 3.10 |
| 2020-07-31 | 4.03 |
| 2020-04-30 | 3.29 |
| 2020-01-31 | 3.80 |
| 2019-10-31 | 0.00 |
| 2019-07-31 | 0.00 |
| 2019-04-30 | 0.00 |
Related Metrics
About Asana, Inc.
Asana, Inc., alongside its subsidiaries, offers a comprehensive work management platform designed for individual contributors, team leaders, and top executives across the United States and globally. This platform empowers teams to coordinate diverse types of work, from routine daily tasks to complex, company-wide strategic initiatives. It facilitates the management of various projects, including new product rollouts, marketing campaigns, and the establishment of organizational goals. Asana serves a wide array of clients in sectors such as technology, retail, education, non-profit organizations, government, healthcare, media, and financial services. The company was founded in 2008 as Smiley Abstractions, Inc., and officially changed its name to Asana, Inc. in July 2009. Its corporate headquarters are situated in San Francisco, California.
- Sector
- Technology
- Industry
- Software - Application
- CEO
- Daniel Mark Rogers