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 6.72 is 60% below its 5-year average of 16.76, near the low end of its 5-year range (6.72–29.89).
As of the fiscal period ended Tuesday, June 30, 2026. 26.74% below its 12-month average of 9.17.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 6.72.
QUICK RATIO (ACID-TEST)
6.72
QUICK RATIO (ACID-TEST) AVG TTM
9.17
QUICK RATIO (ACID-TEST) AVG 3Y
13.27
QUICK RATIO (ACID-TEST) AVG 5Y
16.76
QUICK RATIO (ACID-TEST) AVG 10Y
12.49
QUICK RATIO (ACID-TEST) AVG 15Y
9.14
QUICK RATIO (ACID-TEST) AVG 20Y
9.06
CURRENT VS TTM AVG
-26.74%
CURRENT VS 3Y AVG
-49.34%
CURRENT VS 5Y AVG
-59.89%
CURRENT VS 10Y AVG
-46.20%
CURRENT VS 15Y AVG
-26.45%
CURRENT VS 20Y AVG
-25.85%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+100.31%
vs the sector median at left
DiaMedica Therapeutics Inc.
Market Cap
$438.07M
Quick Ratio (Acid-Test)
6.72
TTM Avg
9.17
3Y Avg
13.27
5Y Avg
16.76
Market Cap
$439.55M
Quick Ratio (Acid-Test)
13.99
TTM Avg
3.82
3Y Avg
4.27
5Y Avg
5.98
Market Cap
$435.61M
Quick Ratio (Acid-Test)
3.46
TTM Avg
8.89
3Y Avg
4.63
5Y Avg
3.55
Market Cap
$442.34M
Quick Ratio (Acid-Test)
12.39
TTM Avg
8.12
3Y Avg
11.14
5Y Avg
10.14
Market Cap
$431.97M
Quick Ratio (Acid-Test)
3.91
TTM Avg
4.41
3Y Avg
5.46
5Y Avg
6.71
Market Cap
$445.71M
Quick Ratio (Acid-Test)
7.35
TTM Avg
8.39
3Y Avg
5.06
5Y Avg
6.73
Market Cap
$426.51M
Quick Ratio (Acid-Test)
3.28
TTM Avg
10.55
3Y Avg
42.24
5Y Avg
29.93
Market Cap
$424.10M
Quick Ratio (Acid-Test)
3.35
TTM Avg
2.92
3Y Avg
4.56
5Y Avg
5.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DiaMedica Therapeutics Inc. (DMAC) | $438.07M | 6.72 | 9.17 | 13.27 | 16.76 |
| Assembly Biosciences, Inc. (ASMB)vs › | $439.55M | 13.99 | 3.82 | 4.27 | 5.98 |
| YD Bio Limited Ordinary Shares (YDES)vs › | $435.61M | 3.46 | 8.89 | 4.63 | 3.55 |
| Ovid Therapeutics Inc. (OVID)vs › | $442.34M | 12.39 | 8.12 | 11.14 | 10.14 |
| NeuroPace, Inc. (NPCE)vs › | $431.97M | 3.91 | 4.41 | 5.46 | 6.71 |
| Capricor Therapeutics, Inc. (CAPR)vs › | $445.71M | 7.35 | 8.39 | 5.06 | 6.73 |
| ARS Pharmaceuticals, Inc. (SPRY)vs › | $426.51M | 3.28 | 10.55 | 42.24 | 29.93 |
| NeoGenomics, Inc. (NEO)vs › | $424.10M | 3.35 | 2.92 | 4.56 | 5.25 |
| NRC Health (NRC)vs › | $452.54M | 0.65 | 0.55 | 0.77 | 1.10 |
| Tectonic Therapeutic, Inc. (TECX)vs › | $422.86M | 22.29 | 19.64 | 11.19 | 11.30 |
Quick Ratio
6.72
Excludes inventory
Current Ratio
6.72
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 | 6.72 |
| 2026-03-31 | 9.11 |
| 2025-12-31 | 11.81 |
| 2025-09-30 | 10.67 |
| 2025-06-30 | 7.55 |
| 2025-03-31 | 8.02 |
| 2024-12-31 | 8.28 |
| 2024-09-30 | 11.81 |
| 2024-06-30 | 17.82 |
| 2024-03-31 | 18.14 |
| 2023-12-31 | 19.27 |
| 2023-09-30 | 22.07 |
| 2023-06-30 | 21.19 |
| 2023-03-31 | 10.55 |
| 2022-12-31 | 15.61 |
| 2022-09-30 | 23.66 |
| 2022-06-30 | 25.50 |
| 2022-03-31 | 29.37 |
| 2021-12-31 | 29.82 |
| 2021-09-30 | 29.89 |
| 2021-06-30 | 15.02 |
| 2021-03-31 | 20.54 |
| 2020-12-31 | 13.77 |
| 2020-09-30 | 21.56 |
| 2020-06-30 | 10.19 |
| 2020-03-31 | 15.15 |
| 2019-12-31 | 6.70 |
| 2019-09-30 | 8.71 |
| 2019-06-30 | 12.96 |
| 2019-03-31 | 10.49 |
| 2018-12-31 | 13.87 |
| 2018-09-30 | 3.48 |
| 2018-06-30 | 4.89 |
| 2018-03-31 | 6.84 |
| 2017-12-31 | 1.49 |
| 2017-09-30 | 1.48 |
| 2017-06-30 | 1.90 |
| 2017-03-31 | 0.99 |
| 2016-12-31 | 2.96 |
| 2016-09-30 | 2.07 |
| 2016-06-30 | 0.28 |
| 2016-03-31 | 0.38 |
| 2015-12-31 | 0.20 |
| 2015-09-30 | 0.21 |
| 2015-06-30 | 0.88 |
| 2015-03-31 | 0.45 |
| 2014-12-31 | 0.15 |
| 2014-09-30 | 0.48 |
| 2014-06-30 | 0.86 |
| 2014-03-31 | 0.70 |
| 2013-12-31 | 1.72 |
| 2013-09-30 | 1.24 |
| 2013-06-30 | 2.47 |
| 2013-03-31 | 2.64 |
| 2012-12-31 | 1.56 |
| 2012-09-30 | 4.86 |
| 2012-06-30 | 4.33 |
| 2012-03-31 | 2.90 |
| 2011-12-31 | 7.51 |
| 2011-09-30 | 8.21 |
| 2011-06-30 | 3.44 |
| 2011-03-31 | 4.57 |
| 2010-12-31 | 5.67 |
| 2010-09-30 | 3.56 |
| 2010-06-30 | 1.97 |
| 2010-03-31 | 1.14 |
| 2009-12-31 | 3.51 |
| 2009-09-30 | 6.60 |
| 2009-06-30 | 25.52 |
| 2009-03-31 | 7.42 |
| 2008-12-31 | 11.66 |
| 2008-09-30 | 13.18 |
| 2008-06-30 | 8.48 |
| 2008-03-31 | 11.24 |
| 2007-12-31 | 13.39 |
| 2007-09-30 | 38.53 |
| 2007-06-30 | 11.09 |
| 2007-03-31 | 28.46 |
| 2006-12-31 | 6.32 |
| 2006-09-30 | 3.95 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 5.64 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
