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 3.76 is 48% below its 5-year average of 7.27, near the low end of its 5-year range (3.76–13.59).
As of the fiscal period ended Tuesday, June 30, 2026. 11.55% below its 12-month average of 4.25.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-06-30): 3.76.
QUICK RATIO (ACID-TEST)
3.76
QUICK RATIO (ACID-TEST) AVG TTM
4.25
QUICK RATIO (ACID-TEST) AVG 3Y
5.24
QUICK RATIO (ACID-TEST) AVG 5Y
7.27
QUICK RATIO (ACID-TEST) AVG 10Y
13.79
QUICK RATIO (ACID-TEST) AVG 15Y
15.14
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-11.55%
CURRENT VS 3Y AVG
-28.27%
CURRENT VS 5Y AVG
-48.31%
CURRENT VS 10Y AVG
-72.73%
CURRENT VS 15Y AVG
-75.17%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+12.21%
vs the sector median at left
Enanta Pharmaceuticals, Inc.
Market Cap
$357.37M
Quick Ratio (Acid-Test)
3.76
TTM Avg
4.25
3Y Avg
5.24
5Y Avg
7.27
Market Cap
$358.93M
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.66
3Y Avg
1.70
5Y Avg
1.47
Market Cap
$356.92M
Quick Ratio (Acid-Test)
1.02
TTM Avg
1.18
3Y Avg
1.33
5Y Avg
1.63
Market Cap
$353.52M
Quick Ratio (Acid-Test)
1.19
TTM Avg
1.21
3Y Avg
1.62
5Y Avg
1.62
Market Cap
$356.40M
Quick Ratio (Acid-Test)
5.66
TTM Avg
6.21
3Y Avg
5.34
5Y Avg
8.05
Market Cap
$353.90M
Quick Ratio (Acid-Test)
8.24
TTM Avg
5.34
3Y Avg
5.79
5Y Avg
4.44
Market Cap
$354.94M
Quick Ratio (Acid-Test)
24.16
TTM Avg
12.00
3Y Avg
8.65
5Y Avg
7.93
Market Cap
$365.67M
Quick Ratio (Acid-Test)
12.19
TTM Avg
4.83
3Y Avg
10.20
5Y Avg
8.85
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enanta Pharmaceuticals, Inc. (ENTA) | $357.37M | 3.76 | 4.25 | 5.24 | 7.27 |
| Embecta Corp. (EMBC)vs › | $358.93M | 1.68 | 1.66 | 1.70 | 1.47 |
| Viemed Healthcare, Inc. (VMD)vs › | $356.92M | 1.02 | 1.18 | 1.33 | 1.63 |
| Turn Therapeutics Inc. (TTRX)vs › | $353.52M | 1.19 | 1.21 | 1.62 | 1.62 |
| Ocugen, Inc. (OCGN)vs › | $356.07M | 0.80 | 1.96 | 2.47 | 5.28 |
| Fennec Pharmaceuticals Inc. (FENC)vs › | $356.40M | 5.66 | 6.21 | 5.34 | 8.05 |
| Orchestra BioMed Holdings, Inc. (OBIO)vs › | $353.90M | 8.24 | 5.34 | 5.79 | 4.44 |
| Artiva Biotherapeutics, Inc. (ARTV)vs › | $354.94M | 24.16 | 12.00 | 8.65 | 7.93 |
| Opus Genetics, Inc. (IRD)vs › | $365.67M | 12.19 | 4.83 | 10.20 | 8.85 |
| Relmada Therapeutics, Inc. (RLMD)vs › | $348.23M | 29.52 | 9.54 | 9.83 | 10.59 |
Quick Ratio
3.76
Excludes inventory
Current Ratio
3.76
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 | 3.76 |
| 2026-03-31 | 3.84 |
| 2025-12-31 | 4.44 |
| 2025-09-30 | 4.21 |
| 2025-06-30 | 5.00 |
| 2025-03-31 | 5.29 |
| 2024-12-31 | 5.47 |
| 2024-09-30 | 5.21 |
| 2024-06-30 | 4.92 |
| 2024-03-31 | 6.43 |
| 2023-12-31 | 6.25 |
| 2023-09-30 | 6.73 |
| 2023-06-30 | 6.58 |
| 2023-03-31 | 8.43 |
| 2022-12-31 | 12.33 |
| 2022-09-30 | 10.45 |
| 2022-06-30 | 13.59 |
| 2022-03-31 | 11.12 |
| 2021-12-31 | 8.63 |
| 2021-09-30 | 8.82 |
| 2021-06-30 | 11.22 |
| 2021-03-31 | 16.09 |
| 2020-12-31 | 19.35 |
| 2020-09-30 | 18.08 |
| 2020-06-30 | 17.29 |
| 2020-03-31 | 20.63 |
| 2019-12-31 | 23.02 |
| 2019-09-30 | 17.77 |
| 2019-06-30 | 22.01 |
| 2019-03-31 | 20.68 |
| 2018-12-31 | 18.70 |
| 2018-09-30 | 23.74 |
| 2018-06-30 | 24.23 |
| 2018-03-31 | 17.86 |
| 2017-12-31 | 12.88 |
| 2017-09-30 | 11.33 |
| 2017-06-30 | 18.53 |
| 2017-03-31 | 20.82 |
| 2016-12-31 | 34.84 |
| 2016-09-30 | 29.43 |
| 2016-06-30 | 25.27 |
| 2016-03-31 | 20.24 |
| 2015-12-31 | 19.23 |
| 2015-09-30 | 25.45 |
| 2015-06-30 | 23.61 |
| 2015-03-31 | 8.98 |
| 2014-12-31 | 9.32 |
| 2014-09-30 | 22.75 |
| 2014-06-30 | 26.17 |
| 2014-03-31 | 22.48 |
| 2013-12-31 | 36.75 |
| 2013-09-30 | 23.14 |
| 2013-06-30 | 33.28 |
| 2013-03-31 | 22.55 |
| 2012-12-31 | 16.16 |
| 2012-09-30 | 8.25 |
| 2012-06-30 | 12.95 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 11.68 |
