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 1.81 is in line with its 5-year average of 1.91, near the low end of its 5-year range (1.59–2.71).
As of the fiscal period ended Friday, July 31, 2026. 2.39% below its 12-month average of 1.85.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.81
QUICK RATIO (ACID-TEST) AVG TTM
1.85
QUICK RATIO (ACID-TEST) AVG 3Y
1.91
QUICK RATIO (ACID-TEST) AVG 5Y
1.91
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
-2.39%
CURRENT VS 3Y AVG
-5.10%
CURRENT VS 5Y AVG
-5.00%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.67
median of 104 covered companies
CURRENT VS SECTOR MEDIAN
+8.40%
vs the sector median at left
Market Cap
$10.75B
Quick Ratio (Acid-Test)
1.07
TTM Avg
1.10
3Y Avg
1.11
5Y Avg
1.11
Market Cap
$9.90B
Quick Ratio (Acid-Test)
1.94
TTM Avg
1.76
3Y Avg
2.72
5Y Avg
2.56
Market Cap
$10.93B
Quick Ratio (Acid-Test)
2.94
TTM Avg
2.22
3Y Avg
2.65
5Y Avg
2.57
Market Cap
$9.01B
Quick Ratio (Acid-Test)
1.62
TTM Avg
1.46
3Y Avg
2.12
5Y Avg
2.05
Market Cap
$11.90B
Quick Ratio (Acid-Test)
1.91
TTM Avg
1.95
3Y Avg
1.88
5Y Avg
1.72
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elastic N.V. (ESTC) | $10.39B | 1.81 | 1.85 | 1.91 | 1.91 |
| Paycom Software, Inc. (PAYC)vs › | $10.75B | 1.07 | 1.10 | 1.11 | 1.11 |
| Skyworks Solutions, Inc. (SWKS)vs › | $9.90B | 1.94 | 1.76 | 2.72 | 2.56 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $10.93B | 2.94 | 2.22 | 2.65 | 2.57 |
| Nova Ltd. (NVMI)vs › | $11.09B | 1.35 | 3.69 | 3.21 | 3.79 |
| UiPath Inc. (PATH)vs › | $9.65B | N/A | 2.71 | 3.20 | 3.19 |
| Rambus Inc. (RMBS)vs › | $9.30B | 9.08 | 7.87 | 6.60 | 6.15 |
| Viavi Solutions Inc. (VIAV)vs › | $9.01B | 1.62 | 1.46 | 2.12 | 2.05 |
| Amkor Technology, Inc. (AMKR)vs › | $11.90B | 1.91 | 1.95 | 1.88 | 1.72 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $12.06B | N/A | 1.27 | 1.19 | 1.20 |
Quick Ratio
1.81
Excludes inventory
Current Ratio
1.81
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) |
|---|---|
| 2026-07-31 | 1.81 |
| 2026-04-30 | 1.59 |
| 2026-01-31 | 1.82 |
| 2025-10-31 | 1.97 |
| 2025-07-31 | 2.09 |
| 2025-04-30 | 1.92 |
| 2025-01-31 | 2.02 |
| 2024-10-31 | 1.99 |
| 2024-07-31 | 1.91 |
| 2024-04-30 | 1.76 |
| 2024-01-31 | 1.87 |
| 2023-10-31 | 1.89 |
| 2023-07-31 | 1.85 |
| 2023-04-30 | 1.78 |
| 2023-01-31 | 1.89 |
| 2022-10-31 | 1.91 |
| 2022-07-31 | 1.96 |
| 2022-04-30 | 1.96 |
| 2022-01-31 | 2.22 |
| 2021-10-31 | 2.31 |
| 2021-07-31 | 2.71 |
| 2021-04-30 | 1.42 |
| 2021-01-31 | 1.55 |
| 2020-10-31 | 1.56 |
| 2020-07-31 | 1.57 |
| 2020-04-30 | 1.44 |
| 2020-01-31 | 1.61 |
| 2019-10-31 | 1.64 |
| 2019-07-31 | 2.06 |
| 2019-04-30 | 2.11 |
| 2019-01-31 | 2.48 |
| 2018-10-31 | 2.57 |
| 2018-07-31 | 0.96 |
| 2018-04-30 | 1.06 |
| 2018-01-31 | 0.00 |
| 2017-10-31 | 0.00 |
| 2017-07-31 | 0.00 |
