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 0.84 is 22% below its 5-year average of 1.08, near the low end of its 5-year range (0.76–1.62).
As of the fiscal period ended Tuesday, June 30, 2026. 33.48% below its 12-month average of 1.26.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.84.
QUICK RATIO (ACID-TEST)
0.84
QUICK RATIO (ACID-TEST) AVG TTM
1.26
QUICK RATIO (ACID-TEST) AVG 3Y
1.05
QUICK RATIO (ACID-TEST) AVG 5Y
1.08
QUICK RATIO (ACID-TEST) AVG 10Y
1.06
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-33.48%
CURRENT VS 3Y AVG
-19.92%
CURRENT VS 5Y AVG
-22.25%
CURRENT VS 10Y AVG
-21.03%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
2.99
median of 635 covered companies
CURRENT VS SECTOR MEDIAN
-71.95%
vs the sector median at left
Collegium Pharmaceutical, Inc.
Market Cap
$708.19M
Quick Ratio (Acid-Test)
0.84
TTM Avg
1.26
3Y Avg
1.05
5Y Avg
1.08
Market Cap
$707.95M
Quick Ratio (Acid-Test)
8.86
TTM Avg
10.22
3Y Avg
11.35
5Y Avg
25.38
Market Cap
$704.02M
Quick Ratio (Acid-Test)
19.69
TTM Avg
6.38
3Y Avg
9.16
5Y Avg
11.87
Market Cap
$716.10M
Quick Ratio (Acid-Test)
3.86
TTM Avg
4.81
3Y Avg
5.95
5Y Avg
7.14
Market Cap
$718.57M
Quick Ratio (Acid-Test)
19.31
TTM Avg
14.05
3Y Avg
7.67
5Y Avg
5.91
Market Cap
$692.29M
Quick Ratio (Acid-Test)
14.20
TTM Avg
2.59
3Y Avg
2.42
5Y Avg
2.06
Market Cap
$726.83M
Quick Ratio (Acid-Test)
0.95
TTM Avg
4.92
3Y Avg
2.98
5Y Avg
5.72
Market Cap
$676.72M
Quick Ratio (Acid-Test)
5.53
TTM Avg
8.02
3Y Avg
10.47
5Y Avg
14.43
Market Cap
$666.95M
Quick Ratio (Acid-Test)
10.97
TTM Avg
8.63
3Y Avg
10.75
5Y Avg
10.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Collegium Pharmaceutical, Inc. (COLL) | $708.19M | 0.84 | 1.26 | 1.05 | 1.08 |
| Olema Pharmaceuticals, Inc. (OLMA)vs › | $707.95M | 8.86 | 10.22 | 11.35 | 25.38 |
| Faeth Therapeutics, Inc. (FTH)vs › | $704.02M | 19.69 | 6.38 | 9.16 | 11.87 |
| Cytek Biosciences, Inc. (CTKB)vs › | $716.10M | 3.86 | 4.81 | 5.95 | 7.14 |
| Avalo Therapeutics, Inc. (AVTX)vs › | $718.57M | 19.31 | 14.05 | 7.67 | 5.91 |
| Anteris Technologies Global Corp. (AVR)vs › | $692.29M | 14.20 | 2.59 | 2.42 | 2.06 |
| Achieve Life Sciences, Inc. (ACHV)vs › | $726.83M | 0.95 | 4.92 | 2.98 | 5.72 |
| Annexon, Inc. (ANNX)vs › | $676.72M | 5.53 | 8.02 | 10.47 | 14.43 |
| Helus Pharma Inc. (HELP)vs › | $666.95M | 10.97 | 8.63 | 10.75 | 10.66 |
| 4D Molecular Therapeutics, Inc. (FDMT)vs › | $666.36M | 8.03 | 12.16 | 13.50 | 14.42 |
Quick Ratio
0.84
Excludes inventory
Current Ratio
1.03
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 | 0.84 |
| 2026-03-31 | 1.62 |
| 2025-12-31 | 1.48 |
| 2025-09-30 | 1.27 |
| 2025-06-30 | 1.10 |
| 2025-03-31 | 1.01 |
| 2024-12-31 | 0.88 |
| 2024-09-30 | 0.88 |
| 2024-06-30 | 1.04 |
| 2024-03-31 | 1.14 |
| 2023-12-31 | 1.10 |
| 2023-09-30 | 1.08 |
| 2023-06-30 | 1.18 |
| 2023-03-31 | 1.13 |
| 2022-12-31 | 0.86 |
| 2022-09-30 | 0.82 |
| 2022-06-30 | 0.80 |
| 2022-03-31 | 0.76 |
| 2021-12-31 | 1.07 |
| 2021-09-30 | 1.29 |
| 2021-06-30 | 1.32 |
| 2021-03-31 | 1.22 |
| 2020-12-31 | 1.10 |
| 2020-09-30 | 1.01 |
| 2020-06-30 | 0.92 |
| 2020-03-31 | 0.85 |
| 2019-12-31 | 1.22 |
| 2019-09-30 | 1.20 |
| 2019-06-30 | 1.20 |
| 2019-03-31 | 1.19 |
| 2018-12-31 | 1.23 |
| 2018-09-30 | 0.75 |
| 2018-06-30 | 0.78 |
| 2018-03-31 | 0.80 |
| 2017-12-31 | 4.18 |
| 2017-09-30 | 4.45 |
| 2017-06-30 | 4.17 |
| 2017-03-31 | 5.50 |
| 2016-12-31 | 6.86 |
| 2016-09-30 | 4.22 |
| 2016-06-30 | 6.33 |
| 2016-03-31 | 12.25 |
| 2015-12-31 | 16.81 |
| 2015-09-30 | 12.36 |
| 2015-06-30 | 18.36 |
| 2015-03-31 | 6.98 |
| 2014-12-31 | 0.43 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
