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 10.60 is 62% below its 5-year average of 28.26, near the low end of its 5-year range (2.32–80.99).
As of the fiscal period ended Sunday, May 31, 2026. 11.86% above its 12-month average of 9.48.
Reported quarterly quick ratio; no daily interpolation. Q3 FY2026 (2026-05-31): 10.60.
QUICK RATIO (ACID-TEST)
10.60
QUICK RATIO (ACID-TEST) AVG TTM
9.48
QUICK RATIO (ACID-TEST) AVG 3Y
15.05
QUICK RATIO (ACID-TEST) AVG 5Y
28.26
QUICK RATIO (ACID-TEST) AVG 10Y
23.12
QUICK RATIO (ACID-TEST) AVG 15Y
15.79
QUICK RATIO (ACID-TEST) AVG 20Y
10.62
CURRENT VS TTM AVG
+11.86%
CURRENT VS 3Y AVG
-29.55%
CURRENT VS 5Y AVG
-62.48%
CURRENT VS 10Y AVG
-54.14%
CURRENT VS 15Y AVG
-32.87%
CURRENT VS 20Y AVG
-0.18%
SECTOR MEDIAN · HEALTHCARE
3.19
median of 736 covered companies
CURRENT VS SECTOR MEDIAN
+232.35%
vs the sector median at left
Lexaria Bioscience Corp.
Market Cap
$4.77M
Quick Ratio (Acid-Test)
10.60
TTM Avg
9.48
3Y Avg
15.05
5Y Avg
28.26
Market Cap
$4.66M
Quick Ratio (Acid-Test)
5.58
TTM Avg
4.46
3Y Avg
3.04
5Y Avg
7.15
Market Cap
$4.64M
Quick Ratio (Acid-Test)
7.22
TTM Avg
2.13
3Y Avg
2.10
5Y Avg
5.04
Market Cap
$4.58M
Quick Ratio (Acid-Test)
40.30
TTM Avg
26.48
3Y Avg
43.98
5Y Avg
50.08
Market Cap
$4.50M
Quick Ratio (Acid-Test)
2.73
TTM Avg
3.29
3Y Avg
4.75
5Y Avg
4.47
Market Cap
$5.15M
Quick Ratio (Acid-Test)
1.84
TTM Avg
1.72
3Y Avg
1.97
5Y Avg
1.97
Market Cap
$5.21M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.06
3Y Avg
0.46
5Y Avg
2.58
Market Cap
$5.17M
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.07
3Y Avg
0.07
5Y Avg
0.12
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Lexaria Bioscience Corp. (LEXX) | $4.77M | 10.60 | 9.48 | 15.05 | 28.26 |
| CalciMedica, Inc. (CALC)vs › | $4.66M | 5.58 | 4.46 | 3.04 | 7.15 |
| Bio Green Med Solution, Inc. (BGMS)vs › | $4.64M | 7.22 | 2.13 | 2.10 | 5.04 |
| Imunon, Inc. (IMNN)vs › | $5.08M | 1.82 | 1.99 | 2.53 | 3.43 |
| PharmaCyte Biotech, Inc. (PMCB)vs › | $4.58M | 40.30 | 26.48 | 43.98 | 50.08 |
| Dermata Therapeutics, Inc. (DRMA)vs › | $4.50M | 2.73 | 3.29 | 4.75 | 4.47 |
| Basel Medical Group Ltd Ordinary Shares (BMGL)vs › | $5.15M | 1.84 | 1.72 | 1.97 | 1.97 |
| Lunai Bioworks Inc. (LNAI)vs › | $5.21M | 0.19 | 0.06 | 0.46 | 2.58 |
| Liminatus Pharma, Inc. Class A Common Stock (LIMN)vs › | $5.17M | 1.12 | 0.07 | 0.07 | 0.12 |
| Gelteq Limited Ordinary Shares (GELS)vs › | $5.23M | 0.09 | 0.18 | 0.40 | 0.95 |
Quick Ratio
10.60
Excludes inventory
Current Ratio
10.60
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) |
|---|---|
| 2026-05-31 | 10.60 |
| 2026-02-28 | 26.88 |
| 2025-11-30 | 3.68 |
| 2025-08-31 | 2.32 |
| 2025-05-31 | 3.90 |
| 2025-02-28 | 4.24 |
| 2024-11-30 | 29.64 |
| 2024-08-31 | 7.18 |
| 2024-05-31 | 58.27 |
| 2024-02-29 | 66.29 |
| 2023-11-30 | 21.63 |
| 2023-08-31 | 8.22 |
| 2023-05-31 | 4.01 |
| 2023-02-28 | 17.91 |
| 2022-11-30 | 19.00 |
| 2022-08-31 | 35.76 |
| 2022-05-31 | 39.89 |
| 2022-02-28 | 63.67 |
| 2021-11-30 | 45.75 |
| 2021-08-31 | 80.99 |
| 2021-05-31 | 43.55 |
| 2021-02-28 | 27.06 |
| 2020-11-30 | 4.87 |
| 2020-08-31 | 8.01 |
| 2020-05-31 | 26.33 |
| 2020-02-29 | 16.68 |
| 2019-11-30 | 13.65 |
| 2019-08-31 | 9.17 |
| 2019-05-31 | 18.29 |
| 2019-02-28 | 7.06 |
| 2018-11-30 | 23.97 |
| 2018-08-31 | 50.34 |
| 2018-05-31 | 35.04 |
| 2018-02-28 | 38.86 |
| 2017-11-30 | 24.45 |
| 2017-08-31 | 29.54 |
| 2017-05-31 | 73.77 |
| 2017-02-28 | 1.98 |
| 2016-11-30 | 1.96 |
| 2016-08-31 | 0.87 |
| 2016-05-31 | 0.46 |
| 2016-02-29 | 0.69 |
| 2015-11-30 | 1.51 |
| 2015-08-31 | 9.19 |
| 2015-05-31 | 17.23 |
| 2015-02-28 | 28.32 |
| 2014-11-30 | 2.76 |
| 2014-07-31 | 1.25 |
| 2014-04-30 | 1.40 |
| 2014-01-31 | 0.11 |
| 2013-10-31 | 0.10 |
| 2013-07-31 | 0.13 |
| 2013-04-30 | 0.15 |
| 2013-01-31 | 0.18 |
| 2012-10-31 | 0.28 |
| 2012-07-31 | 0.28 |
| 2012-04-30 | 0.15 |
| 2012-01-31 | 0.19 |
| 2011-10-31 | 0.24 |
| 2011-07-31 | 0.83 |
| 2011-04-30 | 0.31 |
| 2011-01-31 | 0.48 |
| 2010-10-31 | 0.13 |
| 2010-07-31 | 0.43 |
| 2010-04-30 | 0.41 |
| 2010-01-31 | 0.45 |
| 2009-10-31 | 0.36 |
| 2009-07-31 | 12.91 |
| 2009-04-30 | 3.23 |
| 2009-01-31 | 21.68 |
| 2008-10-31 | 2.50 |
| 2008-07-31 | 0.46 |
| 2008-04-30 | 0.28 |
| 2008-01-31 | 0.41 |
| 2007-10-31 | 0.33 |
| 2007-07-31 | 1.91 |
| 2007-04-30 | 0.47 |
| 2007-01-31 | 21.16 |
| 2006-10-31 | 0.64 |
| 2006-07-31 | 0.27 |
| 2006-04-30 | 4.02 |
| 2006-01-31 | 8.07 |