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 2.97 is 48% above its 5-year average of 2.01, near the low end of its 5-year range (0.41–447.99).
As of the fiscal period ended Tuesday, June 30, 2026. 6.41% above its 12-month average of 2.79.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.97
QUICK RATIO (ACID-TEST) AVG TTM
2.79
QUICK RATIO (ACID-TEST) AVG 3Y
2.20
QUICK RATIO (ACID-TEST) AVG 5Y
2.01
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+6.41%
CURRENT VS 3Y AVG
+34.89%
CURRENT VS 5Y AVG
+48.03%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.68
median of 107 covered companies
CURRENT VS SECTOR MEDIAN
+76.71%
vs the sector median at left
Cipher Mining Inc.
Market Cap
$5.98B
Quick Ratio (Acid-Test)
2.97
TTM Avg
2.79
3Y Avg
2.20
5Y Avg
2.01
Market Cap
$6.08B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.77
3Y Avg
3.51
5Y Avg
3.52
Market Cap
$5.16B
Quick Ratio (Acid-Test)
N/A
TTM Avg
3.93
3Y Avg
2.13
5Y Avg
1.99
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cipher Mining Inc. (CIFR) | $5.98B | 2.97 | 2.79 | 2.20 | 2.01 |
| Camtek Ltd. (CAMT)vs › | $5.98B | 6.58 | 5.71 | 5.43 | 5.12 |
| EPAM Systems, Inc. (EPAM)vs › | $6.08B | N/A | 2.77 | 3.51 | 3.52 |
| Klaviyo, Inc. (KVYO)vs › | $6.18B | N/A | 4.58 | 5.09 | 5.00 |
| Lyft, Inc. (LYFT)vs › | $6.37B | N/A | 0.71 | 0.78 | 0.91 |
| Plexus Corp. (PLXS)vs › | $6.38B | 0.72 | 0.74 | 0.67 | 0.76 |
| Genpact Limited (G)vs › | $6.39B | N/A | 1.91 | 1.72 | 1.63 |
| Core Scientific, Inc. (CORZ)vs › | $5.16B | N/A | 3.93 | 2.13 | 1.99 |
| SentinelOne, Inc. (S)vs › | $6.95B | N/A | 1.56 | 1.80 | 2.84 |
| Applied Digital Corp. (APLD)vs › | $6.99B | N/A | 2.39 | 1.48 | 2.00 |
Quick Ratio
2.97
Excludes inventory
Current Ratio
3.00
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 | 2.97 |
| 2026-03-23 | 3.13 |
| 2025-12-31 | 3.62 |
| 2025-09-30 | 2.19 |
| 2025-06-30 | 2.05 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 0.57 |
| 2024-09-30 | 0.95 |
| 2024-06-30 | 4.70 |
| 2024-03-31 | 8.08 |
| 2023-12-31 | 3.63 |
| 2023-09-30 | 1.05 |
| 2023-06-30 | 0.82 |
| 2023-03-31 | 0.81 |
| 2022-12-31 | 1.03 |
| 2022-09-30 | 3.44 |
| 2022-06-30 | 2.00 |
| 2022-03-31 | 11.07 |
| 2021-12-31 | 447.99 |
| 2021-09-30 | 211.52 |
| 2021-06-30 | 0.41 |
| 2021-03-31 | 2.22 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.24 |
| 2020-07-31 | 0.75 |
