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 2.23 is in line with its 5-year average of 2.23, around the middle of its 5-year range (2.03–2.46).
As of the fiscal period ended Tuesday, March 31, 2026. 3.61% below its 12-month average of 2.31.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.23
QUICK RATIO (ACID-TEST) AVG TTM
2.31
QUICK RATIO (ACID-TEST) AVG 3Y
2.28
QUICK RATIO (ACID-TEST) AVG 5Y
2.22
QUICK RATIO (ACID-TEST) AVG 10Y
2.63
QUICK RATIO (ACID-TEST) AVG 15Y
2.94
QUICK RATIO (ACID-TEST) AVG 20Y
3.21
CURRENT VS TTM AVG
-3.61%
CURRENT VS 3Y AVG
-2.29%
CURRENT VS 5Y AVG
+0.37%
CURRENT VS 10Y AVG
-15.52%
CURRENT VS 15Y AVG
-24.29%
CURRENT VS 20Y AVG
-30.62%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+40.88%
vs the sector median at left
Cognizant Technology Solutions Corporation
Market Cap
$22.51B
Quick Ratio (Acid-Test)
2.23
TTM Avg
2.31
3Y Avg
2.28
5Y Avg
2.22
Market Cap
$22.31B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.72
3Y Avg
0.74
5Y Avg
0.75
Market Cap
$21.78B
Quick Ratio (Acid-Test)
2.20
TTM Avg
2.00
3Y Avg
2.42
5Y Avg
2.61
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognizant Technology Solutions Corporation (CTSH) | $22.51B | 2.23 | 2.31 | 2.28 | 2.22 |
| F5, Inc. (FFIV)vs › | $22.66B | 1.49 | 1.42 | 1.24 | 1.24 |
| Fidelity National Information Services, Inc. (FIS)vs › | $22.31B | 0.59 | 0.72 | 0.74 | 0.75 |
| First Solar, Inc. (FSLR)vs › | $21.78B | 2.20 | 2.00 | 2.42 | 2.61 |
| Okta, Inc. (OKTA)vs › | $23.27B | 1.36 | 1.35 | 1.65 | 1.81 |
| Zscaler, Inc. (ZS)vs › | $23.99B | 2.01 | 1.55 | 1.74 | 2.21 |
| MKS Inc. (MKSI)vs › | $20.84B | 1.71 | 1.88 | 1.92 | 2.43 |
| HP Inc. (HPQ)vs › | $24.23B | 0.48 | 0.46 | 0.46 | 0.48 |
| Samsara Inc. (IOT)vs › | $20.67B | 1.59 | 1.52 | 1.64 | 1.99 |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.53B | 5.51 | 5.37 | 4.74 | 4.29 |
Quick Ratio
2.23
Excludes inventory
Current Ratio
2.34
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) |
|---|---|
| 2026-03-31 | 2.23 |
| 2025-12-31 | 2.34 |
| 2025-09-30 | 2.36 |
| 2025-06-30 | 2.41 |
| 2025-03-31 | 2.22 |
| 2024-12-31 | 2.09 |
| 2024-09-30 | 2.23 |
| 2024-06-30 | 2.46 |
| 2024-03-31 | 2.35 |
| 2023-12-31 | 2.25 |
| 2023-09-30 | 2.23 |
| 2023-06-30 | 2.27 |
| 2023-03-31 | 2.18 |
| 2022-12-31 | 2.17 |
| 2022-09-30 | 2.27 |
| 2022-06-30 | 2.23 |
| 2022-03-31 | 2.22 |
| 2021-12-31 | 2.08 |
| 2021-09-30 | 2.11 |
| 2021-06-30 | 2.03 |
| 2021-03-31 | 2.09 |
| 2020-12-31 | 1.94 |
| 2020-09-30 | 2.61 |
| 2020-06-30 | 2.66 |
| 2020-03-31 | 2.90 |
| 2019-12-31 | 2.55 |
| 2019-09-30 | 2.53 |
| 2019-06-30 | 2.55 |
| 2019-03-31 | 2.90 |
| 2018-12-31 | 3.12 |
| 2018-09-30 | 3.24 |
| 2018-06-30 | 3.27 |
| 2018-03-31 | 3.58 |
| 2017-12-31 | 3.21 |
| 2017-09-30 | 3.29 |
| 2017-06-30 | 3.35 |
| 2017-03-31 | 3.03 |
| 2016-12-31 | 3.56 |
| 2016-09-30 | 3.56 |
| 2016-06-30 | 3.66 |
| 2016-03-31 | 3.69 |
| 2015-12-31 | 2.91 |
| 2015-09-30 | 3.23 |
| 2015-06-30 | 3.29 |
| 2015-03-31 | 3.26 |
| 2014-12-31 | 2.48 |
| 2014-09-30 | 4.02 |
| 2014-06-30 | 4.15 |
| 2014-03-31 | 4.05 |
| 2013-12-31 | 3.32 |
| 2013-09-30 | 3.41 |
| 2013-06-30 | 3.61 |
| 2013-03-31 | 3.80 |
| 2012-12-31 | 3.50 |
| 2012-09-30 | 3.43 |
| 2012-06-30 | 3.52 |
| 2012-03-31 | 4.02 |
| 2011-12-31 | 3.29 |
| 2011-09-30 | 3.56 |
| 2011-06-30 | 4.14 |
| 2011-03-31 | 4.33 |
| 2010-12-31 | 3.68 |
| 2010-09-30 | 3.94 |
| 2010-06-30 | 4.25 |
| 2010-03-31 | 4.17 |
| 2009-12-31 | 3.45 |
| 2009-09-30 | 3.87 |
| 2009-06-30 | 4.41 |
| 2009-03-31 | 4.35 |
| 2008-12-31 | 3.66 |
| 2008-09-30 | 3.67 |
| 2008-06-30 | 3.66 |
| 2008-03-31 | 3.36 |
| 2007-12-31 | 3.42 |
| 2007-09-30 | 4.49 |
| 2007-06-30 | 4.44 |
| 2007-03-31 | 4.45 |
| 2006-12-31 | 3.92 |
| 2006-09-30 | 4.04 |
| 2006-06-30 | 4.49 |
| 2006-03-31 | 4.79 |
| 2005-12-31 | 3.99 |
| 2005-09-30 | 4.32 |
| 2005-06-30 | 4.31 |
| 2005-03-31 | 4.77 |
| 2004-12-31 | 3.80 |
| 2004-09-30 | 4.28 |
| 2004-06-30 | 4.96 |
| 2004-03-31 | 4.89 |
| 2003-12-31 | 4.45 |
| 2003-09-30 | 4.90 |
| 2003-06-30 | 4.90 |
| 2003-03-31 | 4.86 |
| 2002-12-31 | 4.24 |
| 2002-09-30 | 5.18 |
| 2002-06-30 | 4.67 |
