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 2.29 is 43% above its 5-year average of 1.60, around the middle of its 5-year range (1.17–2.92).
As of the fiscal period ended Tuesday, June 30, 2026. 17.28% above its 12-month average of 1.95.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.29
QUICK RATIO (ACID-TEST) AVG TTM
1.95
QUICK RATIO (ACID-TEST) AVG 3Y
1.94
QUICK RATIO (ACID-TEST) AVG 5Y
1.60
QUICK RATIO (ACID-TEST) AVG 10Y
1.38
QUICK RATIO (ACID-TEST) AVG 15Y
1.26
QUICK RATIO (ACID-TEST) AVG 20Y
1.25
CURRENT VS TTM AVG
+17.28%
CURRENT VS 3Y AVG
+18.14%
CURRENT VS 5Y AVG
+42.69%
CURRENT VS 10Y AVG
+65.25%
CURRENT VS 15Y AVG
+81.62%
CURRENT VS 20Y AVG
+83.75%
SECTOR MEDIAN · TECHNOLOGY
1.77
median of 98 covered companies
CURRENT VS SECTOR MEDIAN
+28.89%
vs the sector median at left
Market Cap
$4.80B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.56
3Y Avg
1.23
5Y Avg
1.32
Market Cap
$5.19B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.77
3Y Avg
3.51
5Y Avg
3.52
Market Cap
$3.62B
Quick Ratio (Acid-Test)
1.95
TTM Avg
2.18
3Y Avg
2.64
5Y Avg
3.23
Market Cap
$3.33B
Quick Ratio (Acid-Test)
2.69
TTM Avg
2.95
3Y Avg
2.46
5Y Avg
2.47
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Itron, Inc. (ITRI) | $4.44B | 2.29 | 1.95 | 1.94 | 1.60 |
| Box, Inc. (BOX)vs › | $4.49B | N/A | 1.12 | 1.15 | 1.22 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.80B | N/A | 1.56 | 1.23 | 1.32 |
| AXT, Inc. (AXTI)vs › | $3.98B | 4.00 | 1.41 | 1.27 | 1.66 |
| Klaviyo, Inc. (KVYO)vs › | $5.13B | N/A | 4.58 | 5.09 | 5.00 |
| EPAM Systems, Inc. (EPAM)vs › | $5.19B | N/A | 2.77 | 3.51 | 3.52 |
| Ambarella, Inc. (AMBA)vs › | $3.62B | 1.95 | 2.18 | 2.64 | 3.23 |
| monday.com Ltd. (MNDY)vs › | $3.62B | N/A | 2.58 | 2.77 | 2.69 |
| Veeco Instruments Inc. (VECO)vs › | $3.33B | 2.69 | 2.95 | 2.46 | 2.47 |
| Genpact Limited (G)vs › | $5.71B | N/A | 1.91 | 1.72 | 1.63 |
Quick Ratio
2.29
Excludes inventory
Current Ratio
2.75
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 | 2.29 |
| 2026-03-31 | 2.24 |
| 2025-12-31 | 1.56 |
| 2025-09-30 | 1.91 |
| 2025-06-30 | 1.75 |
| 2025-03-31 | 1.65 |
| 2024-12-31 | 2.92 |
| 2024-09-30 | 2.83 |
| 2024-06-30 | 2.61 |
| 2024-03-31 | 1.40 |
| 2023-12-31 | 1.43 |
| 2023-09-30 | 1.32 |
| 2023-06-30 | 1.26 |
| 2023-03-31 | 1.19 |
| 2022-12-31 | 1.21 |
| 2022-09-30 | 1.20 |
| 2022-06-30 | 1.26 |
| 2022-03-31 | 1.24 |
| 2021-12-31 | 1.17 |
| 2021-09-30 | 1.26 |
| 2021-06-30 | 1.29 |
| 2021-03-31 | 1.20 |
| 2020-12-31 | 1.36 |
| 2020-09-30 | 1.95 |
| 2020-06-30 | 1.88 |
| 2020-03-31 | 1.75 |
| 2019-12-31 | 1.15 |
| 2019-09-30 | 1.07 |
| 2019-06-30 | 1.09 |
| 2019-03-31 | 1.07 |
| 2018-12-31 | 1.03 |
| 2018-09-30 | 1.07 |
| 2018-06-30 | 1.18 |
| 2018-03-31 | 1.13 |
| 2017-12-31 | 1.29 |
| 2017-09-30 | 1.26 |
| 2017-06-30 | 1.18 |
| 2017-03-31 | 1.35 |
| 2016-12-31 | 1.38 |
| 2016-09-30 | 1.34 |
| 2016-06-30 | 1.25 |
| 2016-03-31 | 1.18 |
| 2015-12-31 | 1.25 |
| 2015-09-30 | 1.25 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 1.23 |
| 2014-12-31 | 1.22 |
| 2014-09-30 | 1.27 |
| 2014-06-30 | 1.29 |
| 2014-03-31 | 1.27 |
| 2013-12-31 | 1.37 |
| 2013-09-30 | 1.33 |
| 2013-06-30 | 1.36 |
| 2013-03-31 | 1.34 |
| 2012-12-31 | 1.39 |
| 2012-09-30 | 1.33 |
| 2012-06-30 | 1.30 |
| 2012-03-31 | 1.36 |
| 2011-12-31 | 1.26 |
| 2011-09-30 | 1.26 |
| 2011-06-30 | 0.94 |
| 2011-03-31 | 0.90 |
| 2010-12-31 | 0.96 |
| 2010-09-30 | 0.89 |
| 2010-06-30 | 1.24 |
| 2010-03-31 | 1.15 |
| 2009-12-31 | 1.25 |
| 2009-09-30 | 1.28 |
| 2009-06-30 | 1.28 |
| 2009-03-30 | 1.18 |
| 2008-12-31 | 1.30 |
| 2008-09-30 | 0.70 |
| 2008-06-30 | 0.69 |
| 2008-03-24 | 0.65 |
| 2007-12-31 | 1.20 |
| 2007-09-30 | 0.66 |
| 2007-06-30 | 1.19 |
| 2007-03-31 | 7.59 |
| 2006-12-31 | 5.25 |
| 2006-09-30 | 4.80 |
| 2006-06-30 | 1.73 |
| 2006-03-31 | 1.67 |
| 2005-12-31 | 1.63 |
| 2005-09-30 | 1.43 |
| 2005-06-30 | 1.35 |
| 2005-03-31 | 1.56 |
| 2004-12-31 | 1.11 |
| 2004-09-30 | 1.59 |
| 2004-06-30 | 0.80 |
| 2004-03-31 | 0.75 |
| 2003-12-31 | 0.84 |
| 2003-09-30 | 1.10 |
| 2003-06-30 | 0.99 |
| 2003-03-31 | 0.98 |
| 2002-12-31 | 1.56 |
| 2002-09-30 | 1.93 |