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 0.85 is 14% below its 5-year average of 0.99, near the low end of its 5-year range (0.85–1.18).
As of the fiscal period ended Tuesday, June 30, 2026. 5.93% below its 12-month average of 0.91.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.85
QUICK RATIO (ACID-TEST) AVG TTM
0.91
QUICK RATIO (ACID-TEST) AVG 3Y
0.95
QUICK RATIO (ACID-TEST) AVG 5Y
0.99
QUICK RATIO (ACID-TEST) AVG 10Y
1.00
QUICK RATIO (ACID-TEST) AVG 15Y
1.02
QUICK RATIO (ACID-TEST) AVG 20Y
1.00
CURRENT VS TTM AVG
-5.93%
CURRENT VS 3Y AVG
-9.98%
CURRENT VS 5Y AVG
-13.85%
CURRENT VS 10Y AVG
-15.00%
CURRENT VS 15Y AVG
-16.23%
CURRENT VS 20Y AVG
-15.04%
SECTOR MEDIAN · COMMUNICATION SERVICES
1.42
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
-39.82%
vs the sector median at left
Live Nation Entertainment, Inc.
Market Cap
$40.37B
Quick Ratio (Acid-Test)
0.85
TTM Avg
0.91
3Y Avg
0.95
5Y Avg
0.99
Market Cap
$27.17B
Quick Ratio (Acid-Test)
11.56
TTM Avg
12.10
3Y Avg
12.30
5Y Avg
13.57
Market Cap
$25.56B
Quick Ratio (Acid-Test)
2.76
TTM Avg
2.54
3Y Avg
2.53
5Y Avg
2.71
Market Cap
$24.47B
Quick Ratio (Acid-Test)
0.38
TTM Avg
0.84
3Y Avg
0.79
5Y Avg
1.52
Market Cap
$21.51B
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.85
3Y Avg
0.86
5Y Avg
0.88
Market Cap
$19.64B
Quick Ratio (Acid-Test)
0.39
TTM Avg
0.35
3Y Avg
0.33
5Y Avg
0.34
Market Cap
$15.97B
Quick Ratio (Acid-Test)
7.64
TTM Avg
8.20
3Y Avg
9.00
5Y Avg
9.96
Market Cap
$15.59B
Quick Ratio (Acid-Test)
1.72
TTM Avg
1.52
3Y Avg
1.32
5Y Avg
1.29
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Live Nation Entertainment, Inc. (LYV) | $40.37B | 0.85 | 0.91 | 0.95 | 0.99 |
| Reddit, Inc. (RDDT)vs › | $27.17B | 11.56 | 12.10 | 12.30 | 13.57 |
| Fox Corporation (FOXA)vs › | $25.56B | 2.76 | 2.54 | 2.53 | 2.71 |
| EchoStar Corporation (SATS)vs › | $24.47B | 0.38 | 0.84 | 0.79 | 1.52 |
| Roku, Inc. (ROKU)vs › | $21.55B | 2.66 | 2.58 | 2.54 | 2.90 |
| Omnicom Group Inc. (OMC)vs › | $21.51B | 0.81 | 0.85 | 0.86 | 0.88 |
| Charter Communications, Inc. (CHTR)vs › | $19.64B | 0.39 | 0.35 | 0.33 | 0.34 |
| Pinterest, Inc. (PINS)vs › | $15.97B | 7.64 | 8.20 | 9.00 | 9.96 |
| News Corporation (NWSA)vs › | $15.59B | 1.72 | 1.52 | 1.32 | 1.29 |
| Warner Bros. Discovery, Inc. (WBD)vs › | $66.01B | 1.06 | 0.98 | 0.95 | 1.32 |
Quick Ratio
0.85
Excludes inventory
Current Ratio
1.00
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 | 0.85 |
| 2026-03-31 | 0.88 |
| 2025-12-31 | 0.99 |
| 2025-09-30 | 0.92 |
| 2025-06-30 | 0.88 |
| 2025-03-31 | 0.96 |
| 2024-12-31 | 0.99 |
| 2024-09-30 | 1.01 |
| 2024-06-30 | 0.92 |
| 2024-03-31 | 0.92 |
| 2023-12-31 | 0.95 |
| 2023-09-30 | 1.14 |
| 2023-06-30 | 1.08 |
| 2023-03-31 | 1.08 |
| 2022-12-31 | 0.98 |
| 2022-09-30 | 1.04 |
| 2022-06-30 | 0.99 |
| 2022-03-31 | 0.98 |
| 2021-12-31 | 0.97 |
| 2021-09-30 | 1.18 |
| 2021-06-30 | 1.05 |
| 2021-03-31 | 1.07 |
| 2020-12-31 | 0.96 |
| 2020-09-30 | 1.08 |
| 2020-06-30 | 1.27 |
| 2020-03-31 | 1.03 |
| 2019-12-31 | 1.02 |
| 2019-09-30 | 0.97 |
| 2019-06-30 | 0.93 |
| 2019-03-31 | 0.94 |
| 2018-12-31 | 1.02 |
| 2018-09-30 | 1.08 |
| 2018-06-30 | 1.01 |
| 2018-03-31 | 1.05 |
| 2017-12-31 | 0.88 |
| 2017-09-30 | 1.11 |
| 2017-06-30 | 1.04 |
| 2017-03-31 | 1.02 |
| 2016-12-31 | 1.08 |
| 2016-09-30 | 1.06 |
| 2016-06-30 | 0.98 |
| 2016-03-31 | 1.01 |
| 2015-12-31 | 1.08 |
| 2015-09-30 | 1.08 |
| 2015-06-30 | 1.01 |
| 2015-03-31 | 1.06 |
| 2014-12-31 | 1.12 |
| 2014-09-30 | 1.25 |
| 2014-06-30 | 1.15 |
| 2014-03-31 | 0.96 |
| 2013-12-31 | 0.95 |
| 2013-09-30 | 1.06 |
| 2013-06-30 | 1.07 |
| 2013-03-31 | 1.03 |
| 2012-12-31 | 1.02 |
| 2012-09-30 | 1.06 |
| 2012-06-30 | 1.00 |
| 2012-03-31 | 1.01 |
| 2011-12-31 | 1.05 |
| 2011-09-30 | 1.14 |
| 2011-06-30 | 1.05 |
| 2011-03-31 | 1.01 |
| 2010-12-31 | 1.09 |
| 2010-09-30 | 1.18 |
| 2010-06-30 | 1.09 |
| 2010-03-31 | 1.03 |
| 2009-12-31 | 0.95 |
| 2009-09-30 | 0.98 |
| 2009-06-30 | 0.82 |
| 2009-03-31 | 0.81 |
| 2008-12-31 | 0.83 |
| 2008-09-30 | 0.90 |
| 2008-06-30 | 0.84 |
| 2008-03-31 | 0.91 |
| 2007-12-31 | 0.90 |
| 2007-09-30 | 0.96 |
| 2007-06-30 | 0.88 |
| 2007-03-31 | 0.92 |
| 2006-12-31 | 0.94 |
| 2006-09-30 | 1.11 |
| 2006-06-30 | 1.07 |
| 2006-03-31 | 1.03 |
| 2005-12-31 | 1.08 |
| 2005-09-30 | 0.98 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |