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 8.57 is 14% below its 5-year average of 9.96, around the middle of its 5-year range (0.32–20.88).
As of the fiscal period ended Tuesday, June 30, 2026. 2.74% below its 12-month average of 8.81.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 8.57.
QUICK RATIO (ACID-TEST)
8.57
QUICK RATIO (ACID-TEST) AVG TTM
8.81
QUICK RATIO (ACID-TEST) AVG 3Y
8.04
QUICK RATIO (ACID-TEST) AVG 5Y
9.96
QUICK RATIO (ACID-TEST) AVG 10Y
8.87
QUICK RATIO (ACID-TEST) AVG 15Y
6.94
QUICK RATIO (ACID-TEST) AVG 20Y
5.24
CURRENT VS TTM AVG
-2.74%
CURRENT VS 3Y AVG
+6.67%
CURRENT VS 5Y AVG
-13.94%
CURRENT VS 10Y AVG
-3.39%
CURRENT VS 15Y AVG
+23.55%
CURRENT VS 20Y AVG
+63.59%
SECTOR MEDIAN · HEALTHCARE
3.07
median of 691 covered companies
CURRENT VS SECTOR MEDIAN
+179.23%
vs the sector median at left
Market Cap
$29.95M
Quick Ratio (Acid-Test)
0.16
TTM Avg
1.60
3Y Avg
1.34
5Y Avg
1.09
Market Cap
$29.59M
Quick Ratio (Acid-Test)
0.28
TTM Avg
0.31
3Y Avg
0.17
5Y Avg
0.17
Market Cap
$31.15M
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.21
3Y Avg
1.42
5Y Avg
1.87
Market Cap
$31.26M
Quick Ratio (Acid-Test)
0.70
TTM Avg
2.07
3Y Avg
2.92
5Y Avg
4.15
Market Cap
$31.03M
Quick Ratio (Acid-Test)
200.08
TTM Avg
9.87
3Y Avg
7.20
5Y Avg
5.25
Market Cap
$28.65M
Quick Ratio (Acid-Test)
5.12
TTM Avg
5.39
3Y Avg
5.72
5Y Avg
7.97
Market Cap
$31.44M
Quick Ratio (Acid-Test)
1.26
TTM Avg
1.70
3Y Avg
1.87
5Y Avg
1.80
Market Cap
$31.77M
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.38
3Y Avg
1.35
5Y Avg
1.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CervoMed Inc. (CRVO) | $30.00M | 8.57 | 8.81 | 8.04 | 9.96 |
| GridAI Technologies Corp. (GRDX)vs › | $29.95M | 0.16 | 1.60 | 1.34 | 1.09 |
| OneMedNet Corporation (ONMD)vs › | $29.59M | 0.28 | 0.31 | 0.17 | 0.17 |
| MDxHealth S.A. (MDXH)vs › | $31.15M | 0.98 | 1.21 | 1.42 | 1.87 |
| BeyondSpring Inc. (BYSI)vs › | $31.26M | 0.70 | 2.07 | 2.92 | 4.15 |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $31.03M | 200.08 | 9.87 | 7.20 | 5.25 |
| aTyr Pharma, Inc. (ATYR)vs › | $28.65M | 5.12 | 5.39 | 5.72 | 7.97 |
| Baird Medical Investment Holdings Limited (BDMD)vs › | $31.44M | 1.26 | 1.70 | 1.87 | 1.80 |
| Nortech Systems Incorporated (NSYS)vs › | $31.77M | 1.10 | 1.38 | 1.35 | 1.37 |
| Context Therapeutics Inc. (CNTX)vs › | $31.77M | 5.81 | 22.07 | 14.94 | 12.78 |
Quick Ratio
8.57
Excludes inventory
Current Ratio
8.57
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 | 8.57 |
| 2026-03-31 | 3.36 |
| 2025-12-31 | 4.84 |
| 2025-09-30 | 6.66 |
| 2025-06-30 | 20.63 |
| 2025-03-31 | 9.78 |
| 2024-12-31 | 11.11 |
| 2024-09-30 | 15.04 |
| 2024-06-30 | 14.73 |
| 2024-03-31 | 2.99 |
| 2023-12-31 | 3.84 |
| 2023-09-30 | 4.81 |
| 2023-06-30 | 10.71 |
| 2023-03-31 | 8.62 |
| 2022-12-31 | 0.32 |
| 2022-09-30 | 11.59 |
| 2022-06-30 | 11.60 |
| 2022-03-31 | 11.36 |
| 2021-12-31 | 12.92 |
| 2021-09-30 | 14.81 |
| 2021-06-30 | 20.88 |
| 2021-03-31 | 22.39 |
| 2020-12-31 | 7.71 |
| 2020-09-30 | 8.44 |
| 2020-06-30 | 14.99 |
| 2020-03-31 | 9.10 |
| 2019-12-31 | 8.51 |
| 2019-09-30 | 5.51 |
| 2019-06-30 | 9.02 |
| 2019-03-31 | 5.35 |
| 2018-12-31 | 11.09 |
| 2018-09-30 | 12.23 |
| 2018-06-30 | 19.92 |
| 2018-03-31 | 12.01 |
| 2017-12-31 | 3.59 |
| 2017-09-30 | 0.65 |
| 2017-06-30 | 0.60 |
| 2017-03-31 | 0.40 |
| 2016-12-31 | 0.36 |
| 2016-09-30 | 0.89 |
| 2016-06-30 | 1.85 |
| 2016-03-31 | 2.83 |
| 2015-12-31 | 1.39 |
| 2015-09-30 | 7.68 |
| 2015-06-30 | 6.94 |
| 2015-03-31 | 10.03 |
| 2014-12-31 | 10.34 |
| 2014-09-30 | 8.74 |
| 2014-06-30 | 7.13 |
| 2014-03-31 | 0.25 |
| 2013-12-31 | 0.34 |
| 2013-09-30 | 0.34 |
| 2013-06-30 | 0.02 |
| 2013-03-31 | 0.01 |
| 2012-12-31 | 0.02 |
| 2012-09-30 | 0.07 |
| 2012-06-30 | 0.03 |
| 2012-03-31 | 0.02 |
| 2011-12-31 | 0.01 |
| 2011-09-30 | 1.06 |
| 2011-06-30 | 2.19 |
| 2011-03-31 | 0.10 |
| 2010-12-31 | 0.12 |
| 2010-09-30 | 0.20 |
| 2010-06-30 | 0.24 |
| 2010-03-31 | 0.15 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.04 |
| 2009-06-30 | 0.10 |
| 2009-03-31 | 0.05 |
| 2008-12-31 | 0.05 |
| 2008-09-30 | 0.03 |
| 2008-06-30 | 0.03 |
| 2008-03-31 | 0.07 |
| 2007-12-31 | 0.03 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2000-09-30 | 0.21 |
| 2000-06-30 | 0.21 |
| 2000-03-31 | 0.30 |
| 1999-12-31 | 0.16 |
| 1999-09-30 | 1.25 |
| 1999-06-30 | 1.25 |
| 1999-03-31 | 1.42 |
| 1998-12-31 | 1.15 |
| 1998-09-30 | 0.61 |
