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 1.21 is in line with its 5-year average of 1.28, around the middle of its 5-year range (1.00–1.59).
As of the fiscal period ended Tuesday, June 30, 2026. 16.31% below its 12-month average of 1.44.
Reported quarterly quick ratio; no daily interpolation. Q1 FY2027 (2026-06-30): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.44
QUICK RATIO (ACID-TEST) AVG 3Y
1.38
QUICK RATIO (ACID-TEST) AVG 5Y
1.28
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
-16.31%
CURRENT VS 3Y AVG
-12.70%
CURRENT VS 5Y AVG
-5.40%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-24.05%
vs the sector median at left
Market Cap
$14.03B
Quick Ratio (Acid-Test)
1.55
TTM Avg
1.20
3Y Avg
1.05
5Y Avg
1.22
Market Cap
$13.85B
Quick Ratio (Acid-Test)
8.33
TTM Avg
4.43
3Y Avg
5.97
5Y Avg
5.50
Market Cap
$13.79B
Quick Ratio (Acid-Test)
1.67
TTM Avg
1.59
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$16.10B
Quick Ratio (Acid-Test)
1.64
TTM Avg
1.76
3Y Avg
2.02
5Y Avg
2.18
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dynatrace, Inc. (DT) | $14.75B | 1.21 | 1.44 | 1.38 | 1.28 |
| PTC Inc. (PTC)vs › | $14.89B | 1.03 | 0.95 | 1.00 | 1.10 |
| Fabrinet (FN)vs › | $14.99B | 1.52 | 1.90 | 2.23 | 2.15 |
| IonQ, Inc. (IONQ)vs › | $14.24B | 10.66 | 12.57 | 13.37 | 21.44 |
| Tyler Technologies, Inc. (TYL)vs › | $14.03B | 1.55 | 1.20 | 1.05 | 1.22 |
| Onto Innovation Inc. (ONTO)vs › | $13.85B | 8.33 | 4.43 | 5.97 | 5.50 |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.79B | 1.67 | 1.59 | 1.41 | 1.41 |
| Akamai Technologies, Inc. (AKAM)vs › | $16.10B | 1.64 | 1.76 | 2.02 | 2.18 |
| Trimble Inc. (TRMB)vs › | $13.38B | 0.82 | 1.06 | 1.00 | 0.93 |
| Leidos Holdings, Inc. (LDOS)vs › | $16.12B | 1.60 | 1.35 | 1.32 | 1.17 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
1.21
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 | 1.21 |
| 2026-03-31 | 1.35 |
| 2025-12-31 | 1.56 |
| 2025-09-30 | 1.59 |
| 2025-06-30 | 1.50 |
| 2025-03-31 | 1.40 |
| 2024-12-31 | 1.50 |
| 2024-09-30 | 1.42 |
| 2024-06-30 | 1.36 |
| 2024-03-31 | 1.28 |
| 2023-12-31 | 1.34 |
| 2023-09-30 | 1.29 |
| 2023-06-30 | 1.19 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 1.00 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.15 |
| 2022-03-31 | 1.10 |
| 2021-12-31 | 1.14 |
| 2021-09-30 | 1.10 |
| 2021-06-30 | 1.07 |
| 2021-03-31 | 1.05 |
| 2020-12-31 | 1.04 |
| 2020-09-30 | 1.02 |
| 2020-06-30 | 1.00 |
| 2020-03-31 | 1.00 |
| 2019-12-31 | 0.92 |
| 2019-09-30 | 0.93 |
| 2019-06-30 | 0.20 |
| 2019-03-31 | 0.22 |
| 2018-12-31 | 0.26 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.12 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
