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 2.39 is 12% below its 5-year average of 2.73, near the low end of its 5-year range (1.07–8.83).
As of the fiscal period ended Tuesday, June 30, 2026. 23.61% below its 12-month average of 3.13.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 2.39.
QUICK RATIO (ACID-TEST)
2.39
QUICK RATIO (ACID-TEST) AVG TTM
3.13
QUICK RATIO (ACID-TEST) AVG 3Y
1.90
QUICK RATIO (ACID-TEST) AVG 5Y
2.73
QUICK RATIO (ACID-TEST) AVG 10Y
4.85
QUICK RATIO (ACID-TEST) AVG 15Y
4.87
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-23.61%
CURRENT VS 3Y AVG
+25.83%
CURRENT VS 5Y AVG
-12.37%
CURRENT VS 10Y AVG
-50.70%
CURRENT VS 15Y AVG
-50.86%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.07
median of 689 covered companies
CURRENT VS SECTOR MEDIAN
-22.08%
vs the sector median at left
Canopy Growth Corporation
Market Cap
$374.16M
Quick Ratio (Acid-Test)
2.39
TTM Avg
3.13
3Y Avg
1.90
5Y Avg
2.73
Market Cap
$379.87M
Quick Ratio (Acid-Test)
5.88
TTM Avg
5.65
3Y Avg
4.80
5Y Avg
5.41
Market Cap
$364.94M
Quick Ratio (Acid-Test)
12.19
TTM Avg
4.83
3Y Avg
10.20
5Y Avg
8.85
Market Cap
$383.80M
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.85
3Y Avg
1.69
5Y Avg
1.72
Market Cap
$357.99M
Quick Ratio (Acid-Test)
3.76
TTM Avg
4.71
3Y Avg
6.65
5Y Avg
8.92
Market Cap
$356.16M
Quick Ratio (Acid-Test)
5.66
TTM Avg
6.21
3Y Avg
5.34
5Y Avg
8.05
Market Cap
$390.61M
Quick Ratio (Acid-Test)
9.06
TTM Avg
8.18
3Y Avg
5.96
5Y Avg
5.74
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canopy Growth Corporation (CGC) | $374.16M | 2.39 | 3.13 | 1.90 | 2.73 |
| Arcturus Therapeutics Holdings Inc. (ARCT)vs › | $379.87M | 5.88 | 5.65 | 4.80 | 5.41 |
| Opus Genetics, Inc. (IRD)vs › | $364.94M | 12.19 | 4.83 | 10.20 | 8.85 |
| Orthofix Medical Inc. (OFIX)vs › | $383.80M | 1.67 | 1.85 | 1.69 | 1.72 |
| Ocugen, Inc. (OCGN)vs › | $359.46M | 0.80 | 1.96 | 2.47 | 5.28 |
| Enanta Pharmaceuticals, Inc. (ENTA)vs › | $357.99M | 3.76 | 4.71 | 6.65 | 8.92 |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $356.16M | 5.66 | 6.21 | 5.34 | 8.05 |
| Kyverna Therapeutics, Inc. (KYTX)vs › | $390.61M | 9.06 | 8.18 | 5.96 | 5.74 |
| Embecta Corp. (EMBC)vs › | $353.89M | 1.68 | 1.66 | 1.70 | 1.47 |
| Orchestra BioMed Holdings, Inc. (OBIO)vs › | $353.30M | 8.24 | 5.34 | 5.79 | 4.44 |
Quick Ratio
2.39
Excludes inventory
Current Ratio
3.04
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 | 2.39 |
| 2026-03-31 | 2.64 |
| 2025-12-31 | 4.26 |
| 2025-09-30 | 4.23 |
| 2025-06-30 | 2.12 |
| 2025-03-31 | 2.10 |
| 2024-12-31 | 2.58 |
| 2024-09-30 | 1.07 |
| 2024-06-30 | 1.64 |
| 2024-03-31 | 1.25 |
| 2023-12-31 | 1.40 |
| 2023-09-30 | 2.07 |
| 2023-06-30 | 1.64 |
| 2023-03-31 | 1.24 |
| 2022-12-31 | 1.41 |
| 2022-09-30 | 2.45 |
| 2022-06-30 | 3.43 |
| 2022-03-31 | 7.14 |
| 2021-12-31 | 6.78 |
| 2021-09-30 | 8.27 |
| 2021-06-30 | 8.83 |
| 2021-03-31 | 8.68 |
| 2020-12-31 | 5.10 |
| 2020-09-30 | 5.83 |
| 2020-06-30 | 6.90 |
| 2020-03-31 | 5.17 |
| 2019-12-31 | 6.10 |
| 2019-09-30 | 7.04 |
| 2019-06-30 | 9.03 |
| 2019-03-31 | 11.44 |
| 2018-12-31 | 17.12 |
| 2018-09-30 | 0.49 |
| 2018-06-30 | 5.93 |
| 2018-03-31 | 3.95 |
| 2017-12-31 | 9.61 |
| 2017-09-30 | 6.95 |
| 2017-06-30 | 9.02 |
| 2017-03-31 | 6.68 |
| 2016-12-31 | 7.28 |
| 2016-09-30 | 7.03 |
| 2016-06-30 | 2.89 |
| 2016-03-31 | 2.42 |
| 2015-12-31 | 4.63 |
| 2015-09-30 | 1.36 |
| 2015-06-30 | 3.45 |
| 2015-03-31 | 5.08 |
| 2014-12-31 | 2.58 |
| 2014-09-30 | 4.73 |
| 2014-06-30 | 4.53 |
| 2014-03-31 | 3.42 |
| 2014-01-31 | 190.31 |
| 2013-10-31 | 45.30 |
| 2013-07-31 | 47.00 |
| 2013-04-30 | 300.62 |
| 2013-01-31 | 362.40 |
| 2012-10-31 | 81.95 |
| 2012-07-31 | 59.67 |
| 2012-04-30 | 83.97 |
| 2012-01-31 | 50.84 |
| 2011-10-31 | 55.32 |
| 2011-07-31 | 85.18 |
| 2011-04-30 | 107.03 |
| 2011-01-31 | 145.71 |
| 2010-10-31 | 160.16 |
| 2010-07-31 | 77.06 |
| 2010-04-30 | 6.33 |
| 2010-01-31 | 0.00 |
