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 3.19 is 12% above its 5-year average of 2.85, near the high end of its 5-year range (2.31–3.35).
As of the fiscal period ended Tuesday, June 30, 2026. 6.10% above its 12-month average of 3.01.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.19.
QUICK RATIO (ACID-TEST)
3.19
QUICK RATIO (ACID-TEST) AVG TTM
3.01
QUICK RATIO (ACID-TEST) AVG 3Y
2.80
QUICK RATIO (ACID-TEST) AVG 5Y
2.85
QUICK RATIO (ACID-TEST) AVG 10Y
2.69
QUICK RATIO (ACID-TEST) AVG 15Y
2.62
QUICK RATIO (ACID-TEST) AVG 20Y
2.67
CURRENT VS TTM AVG
+6.10%
CURRENT VS 3Y AVG
+13.96%
CURRENT VS 5Y AVG
+11.96%
CURRENT VS 10Y AVG
+18.53%
CURRENT VS 15Y AVG
+21.73%
CURRENT VS 20Y AVG
+19.82%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-4.81%
vs the sector median at left
Market Cap
$2.71B
Quick Ratio (Acid-Test)
18.08
TTM Avg
24.41
3Y Avg
20.74
5Y Avg
20.74
Market Cap
$2.70B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.27
3Y Avg
1.12
5Y Avg
1.27
Market Cap
$2.77B
Quick Ratio (Acid-Test)
6.07
TTM Avg
7.05
3Y Avg
8.10
5Y Avg
8.04
Market Cap
$2.66B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.32
3Y Avg
1.06
5Y Avg
0.97
Market Cap
$2.61B
Quick Ratio (Acid-Test)
2.91
TTM Avg
2.57
3Y Avg
2.71
5Y Avg
4.41
Market Cap
$2.60B
Quick Ratio (Acid-Test)
9.03
TTM Avg
7.98
3Y Avg
9.04
5Y Avg
8.34
Market Cap
$2.60B
Quick Ratio (Acid-Test)
14.57
TTM Avg
8.96
3Y Avg
7.17
5Y Avg
6.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AtriCure, Inc. (ATRC) | $2.73B | 3.19 | 3.01 | 2.80 | 2.85 |
| MBX Biosciences, Inc. Common Stock (MBX)vs › | $2.71B | 18.08 | 24.41 | 20.74 | 20.74 |
| Acadia Healthcare Company, Inc. (ACHC)vs › | $2.70B | 1.56 | 1.27 | 1.12 | 1.27 |
| Precigen, Inc. (PGEN)vs › | $2.69B | 3.89 | 3.79 | 3.02 | 3.31 |
| TransMedics Group, Inc. (TMDX)vs › | $2.77B | 6.07 | 7.05 | 8.10 | 8.04 |
| Aveanna Healthcare Holdings Inc. (AVAH)vs › | $2.66B | 1.16 | 1.32 | 1.06 | 0.97 |
| Neogen Corporation (NEOG)vs › | $2.61B | 2.91 | 2.57 | 2.71 | 4.41 |
| NewAmsterdam Pharma Company N.V. (NAMS)vs › | $2.60B | 9.03 | 7.98 | 9.04 | 8.34 |
| Beam Therapeutics Inc. (BEAM)vs › | $2.60B | 14.57 | 8.96 | 7.17 | 6.28 |
| Dyne Therapeutics, Inc. (DYN)vs › | $2.88B | 12.02 | 18.93 | 12.46 | 15.83 |
Quick Ratio
3.19
Excludes inventory
Current Ratio
4.22
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 | 3.19 |
| 2026-03-31 | 3.18 |
| 2025-12-31 | 2.99 |
| 2025-09-30 | 2.85 |
| 2025-06-30 | 2.83 |
| 2025-03-31 | 2.88 |
| 2024-12-31 | 2.62 |
| 2024-09-30 | 2.59 |
| 2024-06-30 | 2.93 |
| 2024-03-31 | 2.83 |
| 2023-12-31 | 2.66 |
| 2023-09-30 | 2.31 |
| 2023-06-30 | 2.56 |
| 2023-03-31 | 3.03 |
| 2022-12-31 | 2.90 |
| 2022-09-30 | 2.92 |
| 2022-06-30 | 2.93 |
| 2022-03-31 | 3.35 |
| 2021-12-31 | 2.78 |
| 2021-09-30 | 2.91 |
| 2021-06-30 | 2.94 |
| 2021-03-31 | 4.48 |
| 2020-12-31 | 5.53 |
| 2020-09-30 | 5.85 |
| 2020-06-30 | 6.81 |
| 2020-03-31 | 2.43 |
| 2019-12-31 | 2.28 |
| 2019-09-30 | 2.49 |
| 2019-06-30 | 3.10 |
| 2019-03-31 | 3.69 |
| 2018-12-31 | 3.78 |
| 2018-09-30 | 1.96 |
| 2018-06-30 | 2.37 |
| 2018-03-31 | 2.31 |
| 2017-12-31 | 1.87 |
| 2017-09-30 | 1.65 |
| 2017-06-30 | 1.93 |
| 2017-03-31 | 2.12 |
| 2016-12-31 | 2.36 |
| 2016-09-30 | 2.47 |
| 2016-06-30 | 2.67 |
| 2016-03-31 | 1.77 |
| 2015-12-31 | 1.81 |
| 2015-09-30 | 1.73 |
| 2015-06-30 | 2.48 |
| 2015-03-31 | 3.18 |
| 2014-12-31 | 3.09 |
| 2014-09-30 | 3.48 |
| 2014-06-30 | 4.75 |
| 2014-03-31 | 6.01 |
| 2013-12-31 | 1.58 |
| 2013-09-30 | 2.55 |
| 2013-06-30 | 3.54 |
| 2013-03-31 | 3.83 |
| 2012-12-31 | 1.87 |
| 2012-09-30 | 2.00 |
| 2012-06-30 | 2.12 |
| 2012-03-31 | 2.21 |
| 2011-12-31 | 2.28 |
| 2011-09-30 | 2.53 |
| 2011-06-30 | 2.55 |
| 2011-03-31 | 2.42 |
| 2010-12-31 | 1.92 |
| 2010-09-30 | 1.63 |
| 2010-06-30 | 1.79 |
| 2010-03-31 | 2.06 |
| 2009-12-31 | 2.24 |
| 2009-09-30 | 2.26 |
| 2009-06-30 | 2.73 |
| 2009-03-31 | 3.15 |
| 2008-12-31 | 2.44 |
| 2008-09-30 | 2.71 |
| 2008-06-30 | 3.11 |
| 2008-03-31 | 2.58 |
| 2007-12-31 | 3.10 |
| 2007-09-30 | 3.99 |
| 2007-06-30 | 4.01 |
| 2007-03-31 | 2.88 |
| 2006-12-31 | 3.57 |
| 2006-09-30 | 4.37 |
| 2006-06-30 | 5.31 |
| 2006-03-31 | 6.03 |
| 2005-12-31 | 6.84 |
| 2005-09-30 | 7.18 |
| 2005-06-30 | 1.14 |
| 2005-03-31 | 1.90 |
| 2004-12-31 | 2.66 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |