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 3.55 is 19% above its 5-year average of 2.98, near the low end of its 5-year range (0.00–12.61).
As of the fiscal period ended Tuesday, June 30, 2026. 19.46% below its 12-month average of 4.41.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
3.55
QUICK RATIO (ACID-TEST) AVG TTM
4.41
QUICK RATIO (ACID-TEST) AVG 3Y
3.69
QUICK RATIO (ACID-TEST) AVG 5Y
2.98
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
-19.46%
CURRENT VS 3Y AVG
-3.76%
CURRENT VS 5Y AVG
+19.25%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.68
median of 107 covered companies
CURRENT VS SECTOR MEDIAN
+111.34%
vs the sector median at left
Market Cap
$12.75B
Quick Ratio (Acid-Test)
8.33
TTM Avg
4.43
3Y Avg
5.97
5Y Avg
5.50
Market Cap
$12.61B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.27
3Y Avg
1.29
5Y Avg
1.42
Market Cap
$13.73B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.59
3Y Avg
1.41
5Y Avg
1.41
Market Cap
$13.75B
Quick Ratio (Acid-Test)
1.51
TTM Avg
2.12
3Y Avg
3.31
5Y Avg
4.37
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IREN Limited (IREN) | $13.14B | 3.55 | 4.41 | 3.69 | 2.98 |
| GoDaddy Inc. (GDDY)vs › | $13.31B | N/A | 0.67 | 0.61 | 0.63 |
| HubSpot, Inc. (HUBS)vs › | $12.86B | N/A | 1.67 | 1.91 | 2.21 |
| Onto Innovation Inc. (ONTO)vs › | $12.75B | 8.33 | 4.43 | 5.97 | 5.50 |
| Gartner, Inc. (IT)vs › | $12.72B | N/A | 1.03 | 0.94 | 0.89 |
| Manhattan Associates, Inc. (MANH)vs › | $12.61B | N/A | 1.27 | 1.29 | 1.42 |
| Check Point Software Technologies Ltd. (CHKP)vs › | $13.73B | N/A | 1.59 | 1.41 | 1.41 |
| Trimble Inc. (TRMB)vs › | $13.74B | 0.82 | 1.06 | 1.00 | 0.93 |
| Grab Holdings Limited (GRAB)vs › | $13.75B | 1.51 | 2.12 | 3.31 | 4.37 |
| DocuSign, Inc. (DOCU)vs › | $12.34B | N/A | 0.77 | 0.81 | 0.87 |
Quick Ratio
3.55
Excludes inventory
Current Ratio
3.55
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 | 3.55 |
| 2026-03-31 | 3.72 |
| 2025-12-31 | 4.96 |
| 2025-09-30 | 5.52 |
| 2025-06-30 | 4.29 |
| 2025-03-31 | 0.46 |
| 2024-12-31 | 0.94 |
| 2024-09-30 | 1.09 |
| 2024-06-30 | 8.86 |
| 2024-03-31 | 7.47 |
| 2023-12-31 | 3.38 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 3.72 |
| 2023-03-31 | 3.72 |
| 2022-12-31 | 0.53 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 1.88 |
| 2022-03-31 | 4.98 |
| 2021-12-31 | 12.61 |
| 2021-09-30 | 0.16 |
| 2021-06-30 | 0.32 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.64 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
