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 12.02 is 23% below its 5-year average of 15.54, around the middle of its 5-year range (2.53–31.70).
As of the fiscal period ended Tuesday, June 30, 2026. 28.87% below its 12-month average of 16.90.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 12.02.
QUICK RATIO (ACID-TEST)
12.02
QUICK RATIO (ACID-TEST) AVG TTM
16.90
QUICK RATIO (ACID-TEST) AVG 3Y
15.74
QUICK RATIO (ACID-TEST) AVG 5Y
15.54
QUICK RATIO (ACID-TEST) AVG 10Y
12.46
QUICK RATIO (ACID-TEST) AVG 15Y
7.84
QUICK RATIO (ACID-TEST) AVG 20Y
5.64
CURRENT VS TTM AVG
-28.87%
CURRENT VS 3Y AVG
-23.65%
CURRENT VS 5Y AVG
-22.67%
CURRENT VS 10Y AVG
-3.54%
CURRENT VS 15Y AVG
+53.30%
CURRENT VS 20Y AVG
+113.24%
SECTOR MEDIAN · HEALTHCARE
3.15
median of 685 covered companies
CURRENT VS SECTOR MEDIAN
+281.58%
vs the sector median at left
Dyne Therapeutics, Inc.
Market Cap
$2.89B
Quick Ratio (Acid-Test)
12.02
TTM Avg
16.90
3Y Avg
15.74
5Y Avg
15.54
Market Cap
$2.82B
Quick Ratio (Acid-Test)
6.07
TTM Avg
7.05
3Y Avg
8.10
5Y Avg
8.04
Market Cap
$2.75B
Quick Ratio (Acid-Test)
18.08
TTM Avg
24.41
3Y Avg
20.74
5Y Avg
20.74
Market Cap
$2.70B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.27
3Y Avg
1.12
5Y Avg
1.27
Market Cap
$3.09B
Quick Ratio (Acid-Test)
2.67
TTM Avg
3.48
3Y Avg
6.28
5Y Avg
8.36
Market Cap
$2.69B
Quick Ratio (Acid-Test)
1.16
TTM Avg
1.32
3Y Avg
1.06
5Y Avg
0.97
Market Cap
$2.69B
Quick Ratio (Acid-Test)
2.91
TTM Avg
2.57
3Y Avg
2.71
5Y Avg
4.41
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dyne Therapeutics, Inc. (DYN) | $2.89B | 12.02 | 16.90 | 15.74 | 15.54 |
| TransMedics Group, Inc. (TMDX)vs › | $2.82B | 6.07 | 7.05 | 8.10 | 8.04 |
| AtriCure, Inc. (ATRC)vs › | $2.79B | 3.19 | 2.81 | 2.79 | 3.25 |
| MBX Biosciences, Inc. Common Stock (MBX)vs › | $2.75B | 18.08 | 24.41 | 20.74 | 20.74 |
| Precigen, Inc. (PGEN)vs › | $2.73B | 3.89 | 3.79 | 3.02 | 3.31 |
| Acadia Healthcare Company, Inc. (ACHC)vs › | $2.70B | 1.56 | 1.27 | 1.12 | 1.27 |
| Arcutis Biotherapeutics, Inc. (ARQT)vs › | $3.09B | 2.67 | 3.48 | 6.28 | 8.36 |
| Aveanna Healthcare Holdings Inc. (AVAH)vs › | $2.69B | 1.16 | 1.32 | 1.06 | 0.97 |
| Neogen Corporation (NEOG)vs › | $2.69B | 2.91 | 2.57 | 2.71 | 4.41 |
| Enliven Therapeutics, Inc. (ELVN)vs › | $3.10B | 64.07 | 24.32 | 16.73 | 16.77 |
Quick Ratio
12.02
Excludes inventory
Current Ratio
12.02
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 | 12.02 |
| 2026-03-31 | 19.92 |
| 2025-12-31 | 22.25 |
| 2025-09-30 | 13.47 |
| 2025-06-30 | 16.83 |
| 2025-03-31 | 20.35 |
| 2024-12-31 | 15.60 |
| 2024-09-30 | 17.02 |
| 2024-06-30 | 26.63 |
| 2024-03-31 | 21.83 |
| 2023-12-31 | 2.53 |
| 2023-09-30 | 5.67 |
| 2023-06-30 | 10.54 |
| 2023-03-31 | 11.54 |
| 2022-12-31 | 9.46 |
| 2022-09-30 | 11.07 |
| 2022-06-30 | 11.63 |
| 2022-03-31 | 14.82 |
| 2021-12-31 | 13.31 |
| 2021-09-30 | 18.19 |
| 2021-06-30 | 31.70 |
| 2021-03-31 | 36.21 |
| 2020-12-31 | 31.83 |
| 2020-09-30 | 81.20 |
| 2020-06-30 | 35.09 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 6.26 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
| 2017-12-31 | 1.03 |
| 2017-09-30 | 1.47 |
| 2017-06-30 | 1.23 |
| 2017-03-31 | 1.30 |
| 2016-12-31 | 2.78 |
| 2016-09-30 | 2.41 |
| 2016-06-30 | 2.56 |
| 2016-03-31 | 1.97 |
| 2015-12-31 | 1.66 |
| 2015-09-30 | 1.72 |
| 2015-06-30 | 1.66 |
| 2015-03-31 | 2.97 |
| 2014-12-31 | 3.62 |
| 2014-09-30 | 2.24 |
| 2014-06-30 | 1.98 |
| 2014-03-31 | 2.00 |
| 2013-12-31 | 2.09 |
| 2013-09-30 | 2.81 |
| 2013-06-30 | 2.64 |
| 2013-03-31 | 2.34 |
| 2012-12-31 | 2.71 |
| 2012-09-30 | 2.43 |
| 2012-06-30 | 2.21 |
| 2012-03-31 | 3.36 |
| 2011-12-31 | 3.87 |
| 2011-09-30 | 0.58 |
| 2011-06-30 | 1.26 |
| 2011-03-31 | 1.12 |
| 2010-12-31 | 1.36 |
| 2010-09-30 | 1.35 |
| 2010-06-30 | 1.42 |
| 2010-03-31 | 1.49 |
| 2009-12-31 | 1.03 |
| 2009-09-30 | 2.51 |
| 2009-06-30 | 1.58 |
| 2009-03-31 | 1.63 |
| 2008-12-31 | 1.54 |
| 2008-09-30 | 1.62 |
| 2008-06-30 | 1.06 |
| 2008-03-31 | 1.13 |
| 2007-12-31 | 1.47 |
| 2007-09-30 | 1.54 |
| 2007-06-30 | 1.62 |
