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 0.89 is 24% below its 5-year average of 1.16, near the low end of its 5-year range (0.62–1.88).
As of the fiscal period ended Tuesday, June 30, 2026. 24.82% below its 12-month average of 1.18.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
1.18
QUICK RATIO (ACID-TEST) AVG 3Y
1.41
QUICK RATIO (ACID-TEST) AVG 5Y
1.16
QUICK RATIO (ACID-TEST) AVG 10Y
0.89
QUICK RATIO (ACID-TEST) AVG 15Y
0.96
QUICK RATIO (ACID-TEST) AVG 20Y
0.99
CURRENT VS TTM AVG
-24.82%
CURRENT VS 3Y AVG
-37.03%
CURRENT VS 5Y AVG
-23.63%
CURRENT VS 10Y AVG
-0.13%
CURRENT VS 15Y AVG
-7.28%
CURRENT VS 20Y AVG
-10.62%
SECTOR MEDIAN · HEALTHCARE
1.27
median of 72 covered companies
CURRENT VS SECTOR MEDIAN
-30.18%
vs the sector median at left
Chemed Corporation
Market Cap
$6.80B
Quick Ratio (Acid-Test)
0.89
TTM Avg
1.18
3Y Avg
1.41
5Y Avg
1.16
Market Cap
$7.06B
Quick Ratio (Acid-Test)
0.87
TTM Avg
1.56
3Y Avg
2.48
5Y Avg
3.39
Market Cap
$7.79B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.93
3Y Avg
1.08
5Y Avg
1.24
Market Cap
$5.35B
Quick Ratio (Acid-Test)
2.79
TTM Avg
2.90
3Y Avg
2.74
5Y Avg
2.21
Market Cap
$10.11B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.49
3Y Avg
1.44
5Y Avg
1.33
Market Cap
$10.28B
Quick Ratio (Acid-Test)
0.73
TTM Avg
0.77
3Y Avg
0.86
5Y Avg
0.88
Market Cap
$10.37B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.66
3Y Avg
1.58
5Y Avg
1.56
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Chemed Corporation (CHE) | $6.80B | 0.89 | 1.18 | 1.41 | 1.16 |
| Hims & Hers Health, Inc. (HIMS)vs › | $7.06B | 0.87 | 1.56 | 2.48 | 3.39 |
| Oscar Health, Inc. (OSCR)vs › | $7.79B | N/A | 0.93 | 1.08 | 1.24 |
| Merit Medical Systems, Inc. (MMSI)vs › | $5.35B | 2.79 | 2.90 | 2.74 | 2.21 |
| Doximity, Inc. (DOCS)vs › | $4.79B | N/A | 6.53 | 6.56 | 6.07 |
| Insulet Corp. (PODD)vs › | $9.93B | 1.83 | 2.42 | 2.51 | 3.28 |
| The Ensign Group, Inc. (ENSG)vs › | $10.11B | N/A | 1.49 | 1.44 | 1.33 |
| Henry Schein, Inc. (HSIC)vs › | $10.28B | 0.73 | 0.77 | 0.86 | 0.88 |
| Molina Healthcare, Inc. (MOH)vs › | $10.37B | N/A | 1.66 | 1.58 | 1.56 |
| TransMedics Group, Inc. (TMDX)vs › | $3.17B | 6.07 | 7.05 | 8.10 | 8.04 |
Quick Ratio
0.89
Excludes inventory
Current Ratio
0.91
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 | 0.89 |
| 2026-03-31 | 0.83 |
| 2025-12-31 | 1.03 |
| 2025-09-30 | 1.33 |
| 2025-06-30 | 1.83 |
| 2025-03-31 | 1.70 |
| 2024-12-31 | 1.35 |
| 2024-09-30 | 1.81 |
| 2024-06-30 | 1.73 |
| 2024-03-31 | 1.88 |
| 2023-12-31 | 1.57 |
| 2023-09-30 | 1.29 |
| 2023-06-30 | 1.08 |
| 2023-03-31 | 0.89 |
| 2022-12-31 | 0.88 |
| 2022-09-30 | 0.63 |
| 2022-06-30 | 0.68 |
| 2022-03-31 | 0.62 |
| 2021-12-31 | 0.73 |
| 2021-09-30 | 0.67 |
| 2021-06-30 | 0.98 |
| 2021-03-31 | 1.17 |
| 2020-12-31 | 1.08 |
| 2020-09-30 | 0.80 |
| 2020-06-30 | 0.57 |
| 2020-03-31 | 0.78 |
| 2019-12-31 | 0.70 |
| 2019-09-30 | 0.64 |
| 2019-06-30 | 0.78 |
| 2019-03-31 | 0.70 |
| 2018-12-31 | 0.80 |
| 2018-09-30 | 1.11 |
| 2018-06-30 | 1.01 |
| 2018-03-31 | 0.88 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 0.48 |
| 2017-06-30 | 0.56 |
| 2017-03-31 | 1.04 |
| 2016-12-31 | 0.96 |
| 2016-09-30 | 0.76 |
| 2016-06-30 | 0.84 |
| 2016-03-31 | 0.91 |
| 2015-12-31 | 0.84 |
| 2015-09-30 | 1.04 |
| 2015-06-30 | 1.14 |
| 2015-03-31 | 1.18 |
| 2014-12-31 | 0.96 |
| 2014-09-30 | 0.92 |
| 2014-06-30 | 1.01 |
| 2014-03-31 | 0.57 |
| 2013-12-31 | 0.60 |
| 2013-09-30 | 0.56 |
| 2013-06-30 | 0.67 |
| 2013-03-31 | 1.43 |
| 2012-12-31 | 1.22 |
| 2012-09-30 | 1.34 |
| 2012-06-30 | 1.19 |
| 2012-03-31 | 1.09 |
| 2011-12-31 | 0.98 |
| 2011-09-30 | 0.99 |
| 2011-06-30 | 1.44 |
| 2011-03-31 | 1.29 |
| 2010-12-31 | 1.27 |
| 2010-09-30 | 1.76 |
| 2010-06-30 | 1.66 |
| 2010-03-31 | 1.53 |
| 2009-12-31 | 1.40 |
| 2009-09-30 | 1.20 |
| 2009-06-30 | 1.06 |
| 2009-03-31 | 0.91 |
| 2008-12-31 | 0.84 |
| 2008-09-30 | 0.81 |
| 2008-06-30 | 0.90 |
| 2008-03-31 | 0.94 |
| 2007-12-31 | 0.87 |
| 2007-09-30 | 0.78 |
| 2007-06-30 | 0.93 |
| 2007-03-31 | 0.91 |
| 2006-12-31 | 0.94 |
| 2006-09-30 | 0.96 |
| 2006-06-30 | 0.96 |
| 2006-03-31 | 1.03 |
| 2005-12-31 | 1.17 |
| 2005-09-30 | 1.15 |
| 2005-06-30 | 1.02 |
| 2005-03-31 | 0.92 |
| 2004-12-31 | 1.13 |
| 2004-09-30 | 1.23 |
| 2004-06-30 | 1.19 |
| 2004-03-31 | 1.32 |
| 2003-12-31 | 1.59 |
| 2003-09-30 | 1.72 |
| 2003-06-30 | 1.35 |
| 2003-03-31 | 1.33 |
| 2002-12-31 | 1.24 |
| 2002-09-30 | 1.15 |
