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 1.53 is 13% below its 5-year average of 1.75, near the low end of its 5-year range (1.13–2.90).
As of the fiscal period ended Tuesday, June 30, 2026. 30.64% below its 12-month average of 2.21.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.53
QUICK RATIO (ACID-TEST) AVG TTM
2.21
QUICK RATIO (ACID-TEST) AVG 3Y
1.94
QUICK RATIO (ACID-TEST) AVG 5Y
1.75
QUICK RATIO (ACID-TEST) AVG 10Y
1.43
QUICK RATIO (ACID-TEST) AVG 15Y
1.36
QUICK RATIO (ACID-TEST) AVG 20Y
1.54
CURRENT VS TTM AVG
-30.64%
CURRENT VS 3Y AVG
-20.88%
CURRENT VS 5Y AVG
-12.59%
CURRENT VS 10Y AVG
+7.24%
CURRENT VS 15Y AVG
+12.44%
CURRENT VS 20Y AVG
-0.52%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-3.68%
vs the sector median at left
Cadence Design Systems, Inc.
Market Cap
$78.62B
Quick Ratio (Acid-Test)
1.53
TTM Avg
2.21
3Y Avg
1.94
5Y Avg
1.75
Market Cap
$76.75B
Quick Ratio (Acid-Test)
0.86
TTM Avg
1.00
3Y Avg
0.94
5Y Avg
1.00
Market Cap
$76.51B
Quick Ratio (Acid-Test)
1.40
TTM Avg
2.29
3Y Avg
3.19
5Y Avg
3.36
Market Cap
$75.58B
Quick Ratio (Acid-Test)
1.24
TTM Avg
1.91
3Y Avg
1.47
5Y Avg
1.34
Market Cap
$73.94B
Quick Ratio (Acid-Test)
0.72
TTM Avg
0.88
3Y Avg
0.77
5Y Avg
0.75
Market Cap
$87.45B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.96
3Y Avg
0.93
5Y Avg
0.94
Market Cap
$60.10B
Quick Ratio (Acid-Test)
3.62
TTM Avg
4.13
3Y Avg
4.51
5Y Avg
4.42
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadence Design Systems, Inc. (CDNS) | $78.62B | 1.53 | 2.21 | 1.94 | 1.75 |
| Motorola Solutions, Inc. (MSI)vs › | $76.75B | 0.86 | 1.00 | 0.94 | 1.00 |
| Lumentum Holdings Inc. (LITE)vs › | $76.51B | 1.40 | 2.29 | 3.19 | 3.36 |
| Synopsys, Inc. (SNPS)vs › | $75.58B | 1.24 | 1.91 | 1.47 | 1.34 |
| Datadog, Inc. (DDOG)vs › | $74.27B | 3.20 | 3.01 | 3.07 | 3.60 |
| Hewlett Packard Enterprise Company (HPE)vs › | $73.94B | 0.72 | 0.88 | 0.77 | 0.75 |
| Intuit Inc. (INTU)vs › | $86.68B | 1.51 | 1.44 | 1.41 | 1.49 |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.45B | 0.81 | 0.96 | 0.93 | 0.94 |
| Monolithic Power Systems, Inc. (MPWR)vs › | $60.10B | 3.62 | 4.13 | 4.51 | 4.42 |
| Coherent, Inc. (COHR)vs › | $59.95B | 1.52 | 1.46 | 1.63 | 2.07 |
Quick Ratio
1.53
Excludes inventory
Current Ratio
1.74
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 | 1.53 |
| 2026-03-31 | 1.32 |
| 2025-12-31 | 2.67 |
| 2025-09-30 | 2.84 |
| 2025-06-30 | 2.67 |
| 2025-03-31 | 2.90 |
| 2024-12-31 | 2.74 |
| 2024-09-30 | 2.27 |
| 2024-06-30 | 1.32 |
| 2024-03-31 | 1.19 |
| 2023-12-31 | 1.13 |
| 2023-09-30 | 1.31 |
| 2023-06-30 | 1.26 |
| 2023-03-31 | 1.33 |
| 2022-12-31 | 1.17 |
| 2022-10-01 | 1.24 |
| 2022-07-02 | 1.49 |
| 2022-04-02 | 1.69 |
| 2021-12-31 | 1.65 |
| 2021-10-02 | 1.59 |
| 2021-07-03 | 1.47 |
| 2021-04-03 | 1.61 |
| 2020-12-31 | 1.76 |
| 2020-09-26 | 1.51 |
| 2020-06-27 | 1.39 |
| 2020-03-28 | 1.32 |
| 2019-12-31 | 1.66 |
| 2019-09-28 | 1.59 |
| 2019-06-29 | 1.52 |
| 2019-03-30 | 1.39 |
| 2018-12-31 | 1.30 |
| 2018-09-29 | 1.58 |
| 2018-06-30 | 1.26 |
| 2018-03-31 | 1.20 |
| 2017-12-31 | 1.47 |
| 2017-09-30 | 1.72 |
| 2017-07-01 | 1.56 |
| 2017-04-01 | 1.34 |
| 2016-12-31 | 1.13 |
| 2016-10-01 | 1.37 |
| 2016-07-02 | 1.59 |
| 2016-04-02 | 1.93 |
| 2015-12-31 | 1.69 |
| 2015-10-03 | 1.93 |
| 2015-07-04 | 1.91 |
| 2015-04-04 | 1.37 |
| 2014-12-31 | 1.29 |
| 2014-09-27 | 1.00 |
| 2014-06-28 | 0.96 |
| 2014-03-29 | 1.04 |
| 2013-12-31 | 1.02 |
| 2013-09-28 | 0.95 |
| 2013-06-29 | 0.90 |
| 2013-03-30 | 1.18 |
| 2012-12-31 | 1.11 |
| 2012-09-29 | 1.13 |
| 2012-06-30 | 1.11 |
| 2012-03-31 | 1.06 |
| 2011-12-31 | 1.01 |
| 2011-10-01 | 1.40 |
| 2011-07-02 | 0.95 |
| 2011-04-02 | 1.31 |
| 2010-12-31 | 1.20 |
| 2010-10-02 | 1.72 |
| 2010-07-03 | 1.67 |
| 2010-04-03 | 2.14 |
| 2009-12-31 | 2.08 |
| 2009-10-03 | 2.06 |
| 2009-07-04 | 1.91 |
| 2009-04-04 | 1.90 |
| 2008-12-31 | 1.64 |
| 2008-09-27 | 1.82 |
| 2008-06-28 | 1.80 |
| 2008-03-29 | 1.71 |
| 2007-12-31 | 1.91 |
| 2007-09-29 | 1.88 |
| 2007-06-30 | 3.16 |
| 2007-03-31 | 2.87 |
| 2006-12-31 | 2.33 |
| 2006-09-30 | 2.15 |
| 2006-07-01 | 2.03 |
| 2006-04-01 | 2.21 |
| 2005-12-31 | 2.06 |
| 2005-10-01 | 2.09 |
| 2005-07-02 | 1.75 |
| 2005-04-02 | 2.17 |
| 2004-12-31 | 1.91 |
| 2004-10-02 | 1.77 |
| 2004-07-03 | 1.65 |
| 2004-04-03 | 1.85 |
| 2003-12-31 | 1.71 |
| 2003-09-27 | 1.45 |
| 2003-06-28 | 1.26 |
| 2003-03-29 | 1.34 |
| 2002-12-31 | 1.46 |
| 2002-09-28 | 1.30 |