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 3.89 is 49% below its 5-year average of 7.56, near the low end of its 5-year range (1.71–26.22).
As of the fiscal period ended Tuesday, June 30, 2026. 21.48% below its 12-month average of 4.96.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.89.
QUICK RATIO (ACID-TEST)
3.89
QUICK RATIO (ACID-TEST) AVG TTM
4.96
QUICK RATIO (ACID-TEST) AVG 3Y
6.50
QUICK RATIO (ACID-TEST) AVG 5Y
7.56
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
-21.48%
CURRENT VS 3Y AVG
-40.08%
CURRENT VS 5Y AVG
-48.50%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.32
median of 859 covered companies
CURRENT VS SECTOR MEDIAN
+17.30%
vs the sector median at left
Dogwood Therapeutics, Inc.
Market Cap
$52.46M
Quick Ratio (Acid-Test)
3.89
TTM Avg
4.96
3Y Avg
6.50
5Y Avg
7.56
Market Cap
$52.38M
Quick Ratio (Acid-Test)
5.31
TTM Avg
2.85
3Y Avg
8.26
5Y Avg
15.41
Market Cap
$53.27M
Quick Ratio (Acid-Test)
12.87
TTM Avg
3.88
3Y Avg
3.88
5Y Avg
3.88
Market Cap
$51.42M
Quick Ratio (Acid-Test)
3.81
TTM Avg
5.31
3Y Avg
3.36
5Y Avg
3.21
Market Cap
$53.63M
Quick Ratio (Acid-Test)
21.47
TTM Avg
12.14
3Y Avg
11.08
5Y Avg
9.81
Market Cap
$51.23M
Quick Ratio (Acid-Test)
3.74
TTM Avg
0.21
3Y Avg
0.34
5Y Avg
1.39
Market Cap
$51.19M
Quick Ratio (Acid-Test)
15.07
TTM Avg
17.58
3Y Avg
10.04
5Y Avg
7.84
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dogwood Therapeutics, Inc. (DWTX) | $52.46M | 3.89 | 4.96 | 6.50 | 7.56 |
| Rani Therapeutics Holdings, Inc. (RANI)vs › | $52.38M | 5.31 | 2.85 | 8.26 | 15.41 |
| biote Corp. (BTMD)vs › | $52.05M | 0.82 | 0.91 | 2.84 | 2.59 |
| Aldeyra The (ALDX)vs › | $53.02M | 4.91 | 4.08 | 6.65 | 8.84 |
| NOMAD Power Solutions, Inc. (NMAD)vs › | $53.27M | 12.87 | 3.88 | 3.88 | 3.88 |
| eXoZymes, Inc. (EXOZ)vs › | $51.42M | 3.81 | 5.31 | 3.36 | 3.21 |
| ImageneBio Inc (IMA)vs › | $53.63M | 21.47 | 12.14 | 11.08 | 9.81 |
| Eloxx Pharmaceuticals, Inc. (ELOX)vs › | $51.23M | 3.74 | 0.21 | 0.34 | 1.39 |
| Tenax Therapeutics, Inc. (TENX)vs › | $51.19M | 15.07 | 17.58 | 10.04 | 7.84 |
| Spectral AI, Inc. (MDAI)vs › | $54.10M | 0.85 | 0.73 | 1.25 | 1.77 |
Quick Ratio
3.89
Excludes inventory
Current Ratio
3.89
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 | 3.89 |
| 2026-03-31 | 5.86 |
| 2025-12-31 | 2.76 |
| 2025-09-30 | 4.49 |
| 2025-06-30 | 7.80 |
| 2025-03-31 | 7.43 |
| 2024-12-31 | 5.21 |
| 2024-09-30 | 1.71 |
| 2024-06-30 | 7.27 |
| 2024-03-31 | 5.66 |
| 2023-12-31 | 11.62 |
| 2023-09-30 | 10.77 |
| 2023-06-30 | 10.02 |
| 2023-03-31 | 11.87 |
| 2022-12-31 | 8.02 |
| 2022-09-30 | 6.65 |
| 2022-06-30 | 4.76 |
| 2022-03-31 | 6.69 |
| 2021-12-31 | 12.37 |
| 2021-09-30 | 16.39 |
| 2021-06-30 | 26.22 |
| 2021-03-31 | 24.22 |
| 2020-12-31 | 20.55 |
| 2020-09-30 | 0.31 |
| 2020-06-30 | 0.66 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.19 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
