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 1.21 is in line with its 5-year average of 1.16, near the low end of its 5-year range (0.96–3.86).
As of the fiscal period ended Tuesday, June 30, 2026. 4.08% above its 12-month average of 1.16.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.21.
QUICK RATIO (ACID-TEST)
1.21
QUICK RATIO (ACID-TEST) AVG TTM
1.16
QUICK RATIO (ACID-TEST) AVG 3Y
1.09
QUICK RATIO (ACID-TEST) AVG 5Y
1.16
QUICK RATIO (ACID-TEST) AVG 10Y
2.04
QUICK RATIO (ACID-TEST) AVG 15Y
5.65
QUICK RATIO (ACID-TEST) AVG 20Y
6.00
CURRENT VS TTM AVG
+4.08%
CURRENT VS 3Y AVG
+10.92%
CURRENT VS 5Y AVG
+4.66%
CURRENT VS 10Y AVG
-40.56%
CURRENT VS 15Y AVG
-78.57%
CURRENT VS 20Y AVG
-79.81%
SECTOR MEDIAN · HEALTHCARE
3.26
median of 790 covered companies
CURRENT VS SECTOR MEDIAN
-62.91%
vs the sector median at left
ICU Medical, Inc.
Market Cap
$3.96B
Quick Ratio (Acid-Test)
1.21
TTM Avg
1.16
3Y Avg
1.09
5Y Avg
1.16
Market Cap
$4.02B
Quick Ratio (Acid-Test)
18.27
TTM Avg
19.28
3Y Avg
19.95
5Y Avg
29.41
Market Cap
$4.08B
Quick Ratio (Acid-Test)
12.63
TTM Avg
10.52
3Y Avg
9.25
5Y Avg
8.76
Market Cap
$4.28B
Quick Ratio (Acid-Test)
16.24
TTM Avg
19.89
3Y Avg
20.20
5Y Avg
22.94
Market Cap
$3.64B
Quick Ratio (Acid-Test)
1.42
TTM Avg
24.66
3Y Avg
24.27
5Y Avg
16.20
Market Cap
$3.55B
Quick Ratio (Acid-Test)
3.75
TTM Avg
5.09
3Y Avg
3.82
5Y Avg
4.05
Market Cap
$4.40B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.63
3Y Avg
0.81
5Y Avg
1.13
Market Cap
$4.41B
Quick Ratio (Acid-Test)
4.68
TTM Avg
3.02
3Y Avg
3.88
5Y Avg
4.28
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ICU Medical, Inc. (ICUI) | $3.96B | 1.21 | 1.16 | 1.09 | 1.16 |
| Relay Therapeutics, Inc. (RLAY)vs › | $4.02B | 18.27 | 19.28 | 19.95 | 29.41 |
| AbCellera Biologics Inc. (ABCL)vs › | $4.08B | 12.63 | 10.52 | 9.25 | 8.76 |
| LivaNova PLC (LIVN)vs › | $4.15B | 1.21 | 1.83 | 2.18 | 1.91 |
| Edgewise Therapeutics, Inc. (EWTX)vs › | $4.28B | 16.24 | 19.89 | 20.20 | 22.94 |
| Regencell Bioscience Holdings Limited (RGC)vs › | $3.64B | 1.42 | 24.66 | 24.27 | 16.20 |
| iRhythm Technologies, Inc. (IRTC)vs › | $3.55B | 3.75 | 5.09 | 3.82 | 4.05 |
| Indivior Pharmaceuticals Inc (INDV)vs › | $4.40B | 0.66 | 0.63 | 0.81 | 1.13 |
| Adaptive Biotechnologies Corporation (ADPT)vs › | $4.41B | 4.68 | 3.02 | 3.88 | 4.28 |
| Heartflow, Inc. Common Stock (HTFL)vs › | $4.43B | 5.08 | 3.83 | 4.06 | 4.06 |
Quick Ratio
1.21
Excludes inventory
Current Ratio
2.43
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 | 1.21 |
| 2026-03-31 | 1.13 |
| 2025-12-31 | 1.13 |
| 2025-09-30 | 1.19 |
| 2025-06-30 | 1.17 |
| 2025-03-31 | 1.52 |
| 2024-12-31 | 1.54 |
| 2024-09-30 | 1.03 |
| 2024-06-30 | 1.08 |
| 2024-03-31 | 1.09 |
| 2023-12-31 | 1.06 |
| 2023-09-30 | 0.98 |
| 2023-06-30 | 0.96 |
| 2023-03-31 | 1.00 |
| 2022-12-31 | 1.09 |
| 2022-09-30 | 1.17 |
| 2022-06-30 | 1.23 |
| 2022-03-31 | 1.27 |
| 2021-12-31 | 3.68 |
| 2021-09-30 | 3.86 |
| 2021-06-30 | 3.64 |
| 2021-03-31 | 3.46 |
| 2020-12-31 | 3.07 |
| 2020-09-30 | 3.06 |
| 2020-06-30 | 1.95 |
| 2020-03-31 | 1.91 |
| 2019-12-31 | 2.19 |
| 2019-09-30 | 2.35 |
| 2019-06-30 | 2.31 |
| 2019-03-31 | 2.51 |
| 2018-12-31 | 2.47 |
| 2018-09-30 | 3.07 |
| 2018-06-30 | 3.02 |
| 2018-03-31 | 2.88 |
| 2017-12-31 | 2.74 |
| 2017-09-30 | 3.01 |
| 2017-06-30 | 2.66 |
| 2017-03-31 | 2.74 |
| 2016-12-31 | 12.82 |
| 2016-09-30 | 13.90 |
| 2016-06-30 | 11.95 |
| 2016-03-31 | 13.71 |
| 2015-12-31 | 10.83 |
| 2015-09-30 | 12.71 |
| 2015-06-30 | 15.09 |
| 2015-03-31 | 12.66 |
| 2014-12-31 | 13.93 |
| 2014-09-30 | 13.21 |
| 2014-06-30 | 13.82 |
| 2014-03-31 | 14.28 |
| 2013-12-31 | 13.38 |
| 2013-09-30 | 12.18 |
| 2013-06-30 | 11.06 |
| 2013-03-31 | 11.64 |
| 2012-12-31 | 9.93 |
| 2012-09-30 | 9.51 |
| 2012-06-30 | 8.61 |
| 2012-03-31 | 9.40 |
| 2011-12-31 | 7.51 |
| 2011-09-30 | 8.05 |
| 2011-06-30 | 7.08 |
| 2011-03-31 | 6.22 |
| 2010-12-31 | 6.36 |
| 2010-09-30 | 5.70 |
| 2010-06-30 | 4.57 |
| 2010-03-31 | 4.65 |
| 2009-12-31 | 4.94 |
| 2009-09-30 | 7.05 |
| 2009-06-30 | 8.72 |
| 2009-03-31 | 7.42 |
| 2008-12-31 | 7.35 |
| 2008-09-30 | 7.24 |
| 2008-06-30 | 6.98 |
| 2008-03-31 | 6.69 |
| 2007-12-31 | 6.23 |
| 2007-09-30 | 7.03 |
| 2007-06-30 | 7.78 |
| 2007-03-31 | 9.78 |
| 2006-12-31 | 9.74 |
| 2006-09-30 | 8.35 |
| 2006-06-30 | 8.37 |
| 2006-03-31 | 9.07 |
| 2005-12-31 | 8.81 |
| 2005-09-30 | 7.90 |
| 2005-06-30 | 7.22 |
| 2005-03-31 | 13.33 |
| 2004-12-31 | 14.57 |
| 2004-09-30 | 12.32 |
| 2004-06-30 | 13.68 |
| 2004-03-31 | 13.33 |
| 2003-12-31 | 13.01 |
| 2003-09-30 | 10.37 |
| 2003-06-30 | 9.42 |
| 2003-03-31 | 8.55 |
| 2002-12-31 | 9.31 |
| 2002-09-30 | 11.34 |