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 3.17 is 17% above its 5-year average of 2.70, near the high end of its 5-year range (2.09–3.56).
As of the fiscal period ended Saturday, August 1, 2026. 31.70% above its 12-month average of 2.41.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-08-01): 3.17.
QUICK RATIO (ACID-TEST)
3.17
QUICK RATIO (ACID-TEST) AVG TTM
2.41
QUICK RATIO (ACID-TEST) AVG 3Y
2.63
QUICK RATIO (ACID-TEST) AVG 5Y
2.70
QUICK RATIO (ACID-TEST) AVG 10Y
2.55
QUICK RATIO (ACID-TEST) AVG 15Y
2.40
QUICK RATIO (ACID-TEST) AVG 20Y
2.40
CURRENT VS TTM AVG
+31.70%
CURRENT VS 3Y AVG
+20.51%
CURRENT VS 5Y AVG
+17.24%
CURRENT VS 10Y AVG
+24.22%
CURRENT VS 15Y AVG
+31.93%
CURRENT VS 20Y AVG
+32.17%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+99.24%
vs the sector median at left
Ciena Corporation
Market Cap
$52.23B
Quick Ratio (Acid-Test)
3.17
TTM Avg
2.41
3Y Avg
2.63
5Y Avg
2.70
Market Cap
$49.88B
Quick Ratio (Acid-Test)
0.78
TTM Avg
1.00
3Y Avg
1.13
5Y Avg
1.07
Market Cap
$48.72B
Quick Ratio (Acid-Test)
0.46
TTM Avg
0.43
3Y Avg
0.45
5Y Avg
0.45
Market Cap
$56.44B
Quick Ratio (Acid-Test)
4.03
TTM Avg
6.34
3Y Avg
3.66
5Y Avg
3.48
Market Cap
$46.96B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.40
3Y Avg
2.28
5Y Avg
2.17
Market Cap
$46.46B
Quick Ratio (Acid-Test)
0.86
TTM Avg
0.77
3Y Avg
0.80
5Y Avg
0.79
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ciena Corporation (CIEN) | $52.23B | 3.17 | 2.41 | 2.63 | 2.70 |
| Atlassian Corporation (TEAM)vs › | $49.88B | 0.78 | 1.00 | 1.13 | 1.07 |
| Workday, Inc. (WDAY)vs › | $49.52B | 0.91 | 1.58 | 1.70 | 1.48 |
| Garmin Ltd. (GRMN)vs › | $55.03B | 2.08 | 2.58 | 2.39 | 2.36 |
| Strategy Inc (MSTR)vs › | $55.37B | 5.39 | 3.17 | 2.00 | 1.63 |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $48.72B | 0.46 | 0.43 | 0.45 | 0.45 |
| Nebius Group N.V. (NBIS)vs › | $56.44B | 4.03 | 6.34 | 3.66 | 3.48 |
| STMicroelectronics N.V. (STM)vs › | $46.96B | 2.08 | 2.40 | 2.28 | 2.17 |
| Autodesk, Inc. (ADSK)vs › | $46.46B | 0.86 | 0.77 | 0.80 | 0.79 |
| Block, Inc. (XYZ)vs › | $45.56B | 2.19 | 2.25 | 2.08 | 2.02 |
Quick Ratio
3.17
Excludes inventory
Current Ratio
3.80
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) |
|---|---|
| 2026-08-01 | 3.17 |
| 2026-05-02 | 2.11 |
| 2026-01-31 | 2.14 |
| 2025-11-01 | 2.09 |
| 2025-08-02 | 2.52 |
| 2025-05-03 | 2.57 |
| 2025-02-01 | 2.77 |
| 2024-11-02 | 2.70 |
| 2024-07-27 | 2.97 |
| 2024-04-27 | 2.74 |
| 2024-01-27 | 3.09 |
| 2023-10-31 | 2.68 |
| 2023-07-29 | 2.69 |
| 2023-04-29 | 2.62 |
| 2023-01-28 | 2.54 |
| 2022-10-31 | 2.34 |
| 2022-07-30 | 2.58 |
| 2022-04-30 | 3.10 |
| 2022-01-29 | 3.56 |
| 2021-10-31 | 3.07 |
| 2021-07-31 | 3.16 |
| 2021-05-01 | 3.06 |
| 2021-01-30 | 3.21 |
| 2020-10-31 | 2.96 |
| 2020-08-01 | 3.05 |
| 2020-05-02 | 2.81 |
| 2020-01-31 | 2.61 |
| 2019-10-31 | 2.39 |
| 2019-07-31 | 2.45 |
| 2019-04-30 | 2.36 |
| 2019-01-31 | 2.52 |
| 2018-10-31 | 1.93 |
| 2018-07-31 | 1.76 |
| 2018-04-30 | 1.77 |
| 2018-01-31 | 1.79 |
| 2017-10-31 | 1.65 |
| 2017-07-31 | 2.46 |
| 2017-04-30 | 2.02 |
| 2017-01-31 | 2.01 |
| 2016-10-31 | 2.00 |
| 2016-07-31 | 1.73 |
| 2016-04-30 | 2.99 |
| 2016-01-31 | 2.78 |
| 2015-10-31 | 2.51 |
| 2015-08-01 | 2.66 |
| 2015-05-02 | 2.55 |
| 2015-01-31 | 1.85 |
| 2014-10-31 | 1.84 |
| 2014-07-31 | 1.74 |
| 2014-04-30 | 1.44 |
| 2014-01-31 | 1.84 |
| 2013-10-31 | 1.86 |
| 2013-07-31 | 1.98 |
| 2013-04-30 | 1.95 |
| 2013-01-31 | 1.68 |
| 2012-10-31 | 1.69 |
| 2012-07-31 | 1.66 |
| 2012-04-30 | 2.40 |
| 2012-01-31 | 2.47 |
| 2011-10-31 | 2.43 |
| 2011-07-31 | 2.46 |
| 2011-04-30 | 2.21 |
| 2011-01-31 | 2.42 |
| 2010-10-31 | 2.51 |
| 2010-07-31 | 2.36 |
| 2010-04-30 | 2.52 |
| 2010-01-31 | 5.37 |
| 2009-10-31 | 6.12 |
| 2009-07-31 | 6.55 |
| 2009-04-30 | 6.93 |
| 2009-01-31 | 6.26 |
| 2008-10-31 | 6.09 |
| 2008-07-31 | 6.23 |
| 2008-04-30 | 5.73 |
| 2008-01-31 | 7.50 |
| 2007-10-31 | 2.55 |
| 2007-07-31 | 2.55 |
| 2007-04-30 | 1.73 |
| 2007-01-31 | 6.23 |
| 2006-10-31 | 6.14 |
| 2006-07-31 | 6.63 |
| 2006-04-30 | 6.87 |
| 2006-01-31 | 5.22 |
| 2005-10-31 | 5.90 |
| 2005-07-31 | 5.81 |
| 2005-04-30 | 5.94 |
| 2005-01-31 | 6.42 |
| 2004-10-31 | 6.51 |
| 2004-07-31 | 4.23 |
| 2004-04-30 | 6.52 |
| 2004-01-31 | 6.19 |
| 2003-10-31 | 6.36 |
| 2003-07-31 | 7.13 |
| 2003-04-30 | 6.55 |
| 2003-01-31 | 5.64 |
| 2002-10-31 | 7.11 |