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 0.74 is 18% below its 5-year average of 0.91, near the low end of its 5-year range (0.74–1.11).
As of the fiscal period ended Tuesday, June 30, 2026. 10.88% below its 12-month average of 0.83.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.74
QUICK RATIO (ACID-TEST) AVG TTM
0.83
QUICK RATIO (ACID-TEST) AVG 3Y
0.93
QUICK RATIO (ACID-TEST) AVG 5Y
0.91
QUICK RATIO (ACID-TEST) AVG 10Y
1.02
QUICK RATIO (ACID-TEST) AVG 15Y
1.07
QUICK RATIO (ACID-TEST) AVG 20Y
1.07
CURRENT VS TTM AVG
-10.88%
CURRENT VS 3Y AVG
-20.41%
CURRENT VS 5Y AVG
-18.38%
CURRENT VS 10Y AVG
-27.22%
CURRENT VS 15Y AVG
-30.40%
CURRENT VS 20Y AVG
-30.78%
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-53.03%
vs the sector median at left
International Business Machines Corporation
Market Cap
$201.80B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.83
3Y Avg
0.93
5Y Avg
0.91
Market Cap
$190.97B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.76
3Y Avg
0.72
5Y Avg
0.81
Market Cap
$212.74B
Quick Ratio (Acid-Test)
2.11
TTM Avg
1.43
3Y Avg
1.09
5Y Avg
1.07
Market Cap
$187.82B
Quick Ratio (Acid-Test)
2.48
TTM Avg
2.12
3Y Avg
1.84
5Y Avg
1.79
Market Cap
$186.63B
Quick Ratio (Acid-Test)
1.77
TTM Avg
1.72
3Y Avg
1.69
5Y Avg
1.84
Market Cap
$219.08B
Quick Ratio (Acid-Test)
2.63
TTM Avg
3.16
3Y Avg
3.24
5Y Avg
3.52
Market Cap
$181.13B
Quick Ratio (Acid-Test)
1.68
TTM Avg
1.52
3Y Avg
1.30
5Y Avg
1.37
Market Cap
$179.17B
Quick Ratio (Acid-Test)
0.84
TTM Avg
0.97
3Y Avg
0.96
5Y Avg
1.07
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| International Business Machines Corporation (IBM) | $201.80B | 0.74 | 0.83 | 0.93 | 0.91 |
| Seagate Technology Holdings plc (STX)vs › | $190.97B | 0.84 | 0.76 | 0.72 | 0.81 |
| Sandisk Corporation (SNDK)vs › | $212.74B | 2.11 | 1.43 | 1.09 | 1.07 |
| Amphenol Corporation (APH)vs › | $187.82B | 2.48 | 2.12 | 1.84 | 1.79 |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $186.63B | 1.77 | 1.72 | 1.69 | 1.84 |
| SAP SE (SAP)vs › | $186.44B | 1.17 | 1.15 | 1.19 | 1.19 |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 2.63 | 3.16 | 3.24 | 3.52 |
| Analog Devices, Inc. (ADI)vs › | $181.13B | 1.68 | 1.52 | 1.30 | 1.37 |
| Western Digital Corporation (WDC)vs › | $179.17B | 0.84 | 0.97 | 0.96 | 1.07 |
| QUALCOMM Incorporated (QCOM)vs › | $175.99B | 1.94 | 1.86 | 1.64 | 1.63 |
Quick Ratio
0.74
Excludes inventory
Current Ratio
0.93
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 | 0.74 |
| 2026-03-31 | 0.76 |
| 2025-12-31 | 0.90 |
| 2025-09-30 | 0.89 |
| 2025-06-30 | 0.87 |
| 2025-03-31 | 0.97 |
| 2024-12-31 | 1.00 |
| 2024-09-30 | 1.01 |
| 2024-06-30 | 1.08 |
| 2024-03-31 | 1.09 |
| 2023-12-31 | 0.93 |
| 2023-09-30 | 0.86 |
| 2023-06-30 | 1.01 |
| 2023-03-31 | 1.11 |
| 2022-12-31 | 0.87 |
| 2022-09-30 | 0.89 |
| 2022-06-30 | 0.82 |
| 2022-03-31 | 0.87 |
| 2021-12-31 | 0.83 |
| 2021-09-30 | 0.78 |
| 2021-06-30 | 0.79 |
| 2021-03-31 | 0.88 |
| 2020-12-31 | 0.94 |
| 2020-09-30 | 1.00 |
| 2020-06-30 | 0.99 |
| 2020-03-31 | 0.91 |
| 2019-12-31 | 0.98 |
| 2019-09-30 | 1.04 |
| 2019-06-30 | 1.79 |
| 2019-03-31 | 1.31 |
| 2018-12-31 | 1.24 |
| 2018-09-30 | 1.26 |
| 2018-06-30 | 1.27 |
| 2018-03-31 | 1.33 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.36 |
| 2017-06-30 | 1.21 |
| 2017-03-31 | 1.13 |
| 2016-12-31 | 1.17 |
| 2016-09-30 | 1.15 |
| 2016-06-30 | 1.25 |
| 2016-03-31 | 1.33 |
| 2015-12-31 | 1.20 |
| 2015-09-30 | 1.20 |
| 2015-06-30 | 1.22 |
| 2015-03-31 | 1.24 |
| 2014-12-31 | 1.14 |
| 2014-09-30 | 1.06 |
| 2014-06-30 | 1.08 |
| 2014-03-31 | 1.11 |
| 2013-12-31 | 1.22 |
| 2013-09-30 | 1.15 |
| 2013-06-30 | 1.11 |
| 2013-03-31 | 1.10 |
| 2012-12-31 | 1.08 |
| 2012-09-30 | 1.15 |
| 2012-06-30 | 1.15 |
| 2012-03-31 | 1.21 |
| 2011-12-31 | 1.15 |
| 2011-09-30 | 1.19 |
| 2011-06-30 | 1.11 |
| 2011-03-31 | 1.11 |
| 2010-12-31 | 1.13 |
| 2010-09-30 | 1.18 |
| 2010-06-30 | 1.21 |
| 2010-03-31 | 1.25 |
| 2009-12-31 | 1.29 |
| 2009-09-30 | 1.24 |
| 2009-06-30 | 1.15 |
| 2009-03-31 | 1.10 |
| 2008-12-31 | 1.09 |
| 2008-09-30 | 0.92 |
| 2008-06-30 | 0.97 |
| 2008-03-31 | 0.97 |
| 2007-12-31 | 1.14 |
| 2007-09-30 | 0.97 |
| 2007-06-30 | 0.82 |
| 2007-03-31 | 1.08 |
| 2006-12-31 | 1.04 |
| 2006-09-30 | 1.07 |
| 2006-06-30 | 1.07 |
| 2006-03-31 | 1.16 |
| 2005-12-31 | 1.22 |
| 2005-09-30 | 1.20 |
| 2005-06-30 | 1.16 |
| 2005-03-31 | 1.12 |
| 2004-12-31 | 1.10 |
| 2004-09-30 | 1.11 |
| 2004-06-30 | 1.11 |
| 2004-03-31 | 1.12 |
| 2003-12-31 | 1.12 |
| 2003-09-30 | 1.14 |
| 2003-06-30 | 1.16 |
| 2003-03-31 | 1.15 |
| 2002-12-31 | 1.11 |
| 2002-09-30 | 1.12 |