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 4.85 is 35% below its 5-year average of 7.42, near the low end of its 5-year range (4.40–9.18).
As of the fiscal period ended Tuesday, June 30, 2026. 25.18% below its 12-month average of 6.48.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.85.
QUICK RATIO (ACID-TEST)
4.85
QUICK RATIO (ACID-TEST) AVG TTM
6.48
QUICK RATIO (ACID-TEST) AVG 3Y
8.01
QUICK RATIO (ACID-TEST) AVG 5Y
7.42
QUICK RATIO (ACID-TEST) AVG 10Y
7.31
QUICK RATIO (ACID-TEST) AVG 15Y
7.11
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-25.18%
CURRENT VS 3Y AVG
-39.52%
CURRENT VS 5Y AVG
-34.72%
CURRENT VS 10Y AVG
-33.66%
CURRENT VS 15Y AVG
-31.82%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 871 covered companies
CURRENT VS SECTOR MEDIAN
+44.67%
vs the sector median at left
Fate Therapeutics, Inc.
Market Cap
$266.92M
Quick Ratio (Acid-Test)
4.85
TTM Avg
6.48
3Y Avg
8.01
5Y Avg
7.42
Market Cap
$266.59M
Quick Ratio (Acid-Test)
9.22
TTM Avg
6.22
3Y Avg
4.84
5Y Avg
4.06
Market Cap
$265.78M
Quick Ratio (Acid-Test)
4.46
TTM Avg
8.30
3Y Avg
6.73
5Y Avg
6.78
Market Cap
$264.25M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$270.80M
Quick Ratio (Acid-Test)
9.24
TTM Avg
7.84
3Y Avg
8.19
5Y Avg
10.90
Market Cap
$262.92M
Quick Ratio (Acid-Test)
4.97
TTM Avg
2.08
3Y Avg
1.48
5Y Avg
1.89
Market Cap
$271.81M
Quick Ratio (Acid-Test)
1.60
TTM Avg
3.38
3Y Avg
4.33
5Y Avg
4.99
Market Cap
$261.43M
Quick Ratio (Acid-Test)
15.82
TTM Avg
24.04
3Y Avg
14.70
5Y Avg
12.06
Market Cap
$261.27M
Quick Ratio (Acid-Test)
11.02
TTM Avg
6.66
3Y Avg
6.10
5Y Avg
6.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fate Therapeutics, Inc. (FATE) | $266.92M | 4.85 | 6.48 | 8.01 | 7.42 |
| SAB Biotherapeutics, Inc. (SABS)vs › | $266.59M | 9.22 | 6.22 | 4.84 | 4.06 |
| EyePoint Pharmaceuticals, Inc. (EYPT)vs › | $265.78M | 4.46 | 8.30 | 6.73 | 6.78 |
| Scribe Therapeutics Inc. (SCTX)vs › | $264.25M | N/A | N/A | N/A | N/A |
| Rocket Pharmaceuticals, Inc. (RCKT)vs › | $270.80M | 9.24 | 7.84 | 8.19 | 10.90 |
| TriSalus Life Sciences, Inc. (TLSI)vs › | $262.92M | 4.97 | 2.08 | 1.48 | 1.89 |
| Vanda Pharmaceuticals Inc. (VNDA)vs › | $271.81M | 1.60 | 3.38 | 4.33 | 4.99 |
| Inhibikase Therapeutics, Inc. (IKT)vs › | $261.43M | 15.82 | 24.04 | 14.70 | 12.06 |
| X4 Pharmaceuticals, Inc. (XFOR)vs › | $261.27M | 11.02 | 6.66 | 6.10 | 6.28 |
| OraSure Technologies, Inc. (OSUR)vs › | $259.56M | 7.68 | 7.37 | 6.66 | 5.96 |
Quick Ratio
4.85
Excludes inventory
Current Ratio
4.85
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 | 4.85 |
| 2026-03-31 | 5.85 |
| 2025-12-31 | 5.79 |
| 2025-09-30 | 7.87 |
| 2025-06-30 | 8.04 |
| 2025-03-31 | 8.81 |
| 2024-12-31 | 7.58 |
| 2024-09-30 | 8.29 |
| 2024-06-30 | 9.18 |
| 2024-03-31 | 8.69 |
| 2023-12-31 | 8.48 |
| 2023-09-30 | 8.81 |
| 2023-06-30 | 8.78 |
| 2023-03-31 | 9.00 |
| 2022-12-31 | 4.40 |
| 2022-09-30 | 5.15 |
| 2022-06-30 | 6.55 |
| 2022-03-31 | 7.69 |
| 2021-12-31 | 7.79 |
| 2021-09-30 | 7.55 |
| 2021-06-30 | 6.75 |
| 2021-03-31 | 8.50 |
| 2020-12-31 | 5.78 |
| 2020-09-30 | 9.17 |
| 2020-06-30 | 11.92 |
| 2020-03-31 | 8.36 |
| 2019-12-31 | 8.17 |
| 2019-09-30 | 7.57 |
| 2019-06-30 | 5.67 |
| 2019-03-31 | 6.40 |
| 2018-12-31 | 7.53 |
| 2018-09-30 | 9.44 |
| 2018-06-30 | 4.92 |
| 2018-03-31 | 7.20 |
| 2017-12-31 | 9.29 |
| 2017-09-30 | 7.21 |
| 2017-06-30 | 8.92 |
| 2017-03-31 | 4.94 |
| 2016-12-31 | 6.14 |
| 2016-09-30 | 3.23 |
| 2016-06-30 | 3.29 |
| 2016-03-31 | 4.07 |
| 2015-12-31 | 4.88 |
| 2015-09-30 | 5.89 |
| 2015-06-30 | 7.21 |
| 2015-03-31 | 6.67 |
| 2014-12-31 | 10.89 |
| 2014-09-30 | 11.66 |
| 2014-06-30 | 11.08 |
| 2014-03-31 | 11.08 |
| 2013-12-31 | 11.88 |
| 2013-09-30 | 2.04 |
| 2013-06-30 | 0.75 |
| 2013-03-31 | 1.29 |
| 2012-12-31 | 2.02 |
| 2012-09-30 | 0.00 |