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 10.14 is 511% above its 5-year average of 1.66, near the high end of its 5-year range (1.23–10.14).
As of the fiscal period ended Friday, July 31, 2026. 150.78% above its 12-month average of 4.04.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
10.14
QUICK RATIO (ACID-TEST) AVG TTM
4.04
QUICK RATIO (ACID-TEST) AVG 3Y
1.63
QUICK RATIO (ACID-TEST) AVG 5Y
1.66
QUICK RATIO (ACID-TEST) AVG 10Y
1.82
QUICK RATIO (ACID-TEST) AVG 15Y
2.06
QUICK RATIO (ACID-TEST) AVG 20Y
2.04
CURRENT VS TTM AVG
+150.78%
CURRENT VS 3Y AVG
+523.30%
CURRENT VS 5Y AVG
+511.48%
CURRENT VS 10Y AVG
+455.75%
CURRENT VS 15Y AVG
+391.26%
CURRENT VS 20Y AVG
+396.42%
SECTOR MEDIAN · HEALTHCARE
1.21
median of 89 covered companies
CURRENT VS SECTOR MEDIAN
+737.66%
vs the sector median at left
Medtronic plc
Market Cap
$118.26B
Quick Ratio (Acid-Test)
10.14
TTM Avg
4.04
3Y Avg
1.63
5Y Avg
1.66
Market Cap
$122.58B
Quick Ratio (Acid-Test)
0.66
TTM Avg
0.61
3Y Avg
0.63
5Y Avg
0.63
Market Cap
$123.70B
Quick Ratio (Acid-Test)
3.91
TTM Avg
3.59
3Y Avg
3.74
5Y Avg
4.30
Market Cap
$105.97B
Quick Ratio (Acid-Test)
1.33
TTM Avg
1.27
3Y Avg
1.13
5Y Avg
1.20
Market Cap
$132.14B
Quick Ratio (Acid-Test)
1.38
TTM Avg
1.15
3Y Avg
1.19
5Y Avg
1.27
Market Cap
$104.10B
Quick Ratio (Acid-Test)
0.52
TTM Avg
0.51
3Y Avg
0.51
5Y Avg
0.53
Market Cap
$134.24B
Quick Ratio (Acid-Test)
2.74
TTM Avg
2.41
3Y Avg
3.31
5Y Avg
3.62
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Medtronic plc (MDT) | $118.26B | 10.14 | 4.04 | 1.63 | 1.66 |
| CVS Health Corp. (CVS)vs › | $122.58B | 0.66 | 0.61 | 0.63 | 0.63 |
| Intuitive Surgical, Inc. (ISRG)vs › | $123.70B | 3.91 | 3.59 | 3.74 | 4.30 |
| Stryker Corporation (SYK)vs › | $105.97B | 1.33 | 1.27 | 1.13 | 1.20 |
| Bristol-Myers Squibb Company (BMY)vs › | $132.14B | 1.38 | 1.15 | 1.19 | 1.27 |
| McKesson Corporation (MCK)vs › | $104.10B | 0.52 | 0.51 | 0.51 | 0.53 |
| Sanofi (SNY)vs › | $103.62B | 0.23 | 0.93 | 0.95 | 1.02 |
| Vertex Pharmaceuticals Incorporated (VRTX)vs › | $134.24B | 2.74 | 2.41 | 3.31 | 3.62 |
| GSK plc (GSK)vs › | $97.25B | 0.52 | 0.53 | 0.59 | 0.59 |
| Danaher Corporation (DHR)vs › | $144.25B | 1.25 | 1.28 | 1.37 | 1.36 |
Quick Ratio
10.14
Excludes inventory
Current Ratio
8.93
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) |
|---|---|
| 2026-07-31 | 10.14 |
| 2026-04-24 | 1.62 |
| 2026-01-23 | 2.62 |
| 2025-10-24 | 1.80 |
| 2025-07-25 | 2.05 |
| 2025-04-25 | 1.42 |
| 2025-01-24 | 1.43 |
| 2024-10-25 | 1.39 |
| 2024-07-26 | 1.61 |
| 2024-04-26 | 1.55 |
| 2024-01-26 | 1.71 |
| 2023-10-27 | 1.69 |
| 2023-07-28 | 1.79 |
| 2023-04-28 | 1.81 |
| 2023-01-27 | 1.39 |
| 2022-10-28 | 1.41 |
| 2022-07-29 | 1.23 |
| 2022-04-29 | 1.49 |
| 2022-01-28 | 2.10 |
| 2021-10-29 | 2.36 |
| 2021-07-30 | 2.34 |
| 2021-04-30 | 2.14 |
| 2021-01-29 | 1.74 |
| 2020-10-30 | 1.79 |
| 2020-07-31 | 1.53 |
| 2020-04-24 | 1.72 |
| 2020-01-24 | 2.28 |
| 2019-10-25 | 2.28 |
| 2019-07-26 | 2.20 |
| 2019-04-26 | 2.15 |
| 2019-01-25 | 1.92 |
| 2018-10-26 | 2.11 |
| 2018-07-27 | 2.06 |
| 2018-04-27 | 1.92 |
| 2018-01-26 | 2.09 |
| 2017-10-27 | 2.05 |
| 2017-07-28 | 1.40 |
| 2017-04-28 | 1.51 |
| 2017-01-27 | 1.48 |
| 2016-10-28 | 1.96 |
| 2016-07-29 | 2.52 |
| 2016-04-29 | 2.81 |
| 2016-01-29 | 2.95 |
| 2015-10-30 | 3.10 |
| 2015-07-31 | 3.36 |
| 2015-04-24 | 2.98 |
| 2015-01-23 | 6.46 |
| 2014-10-31 | 2.84 |
| 2014-07-31 | 3.48 |
| 2014-04-30 | 3.50 |
| 2014-01-31 | 3.30 |
| 2013-10-31 | 3.21 |
| 2013-07-31 | 3.83 |
| 2013-04-30 | 4.87 |
| 2013-01-31 | 1.04 |
| 2012-10-31 | 1.14 |
| 2012-07-31 | 1.26 |
| 2012-04-30 | 2.48 |
| 2012-01-31 | 1.64 |
| 2011-10-31 | 1.52 |
| 2011-07-31 | 1.56 |
| 2011-04-30 | 1.57 |
| 2011-01-31 | 1.26 |
| 2010-10-31 | 1.40 |
| 2010-07-31 | 1.50 |
| 2010-04-30 | 1.63 |
| 2010-01-31 | 1.72 |
| 2009-10-31 | 1.78 |
| 2009-07-31 | 1.85 |
| 2009-04-30 | 1.92 |
| 2009-01-31 | 1.82 |
| 2008-10-31 | 1.77 |
| 2008-07-31 | 1.62 |
| 2008-04-30 | 1.71 |
| 2008-01-31 | 1.52 |
| 2007-10-31 | 3.51 |
| 2007-07-31 | 3.15 |
| 2007-04-30 | 2.62 |
| 2007-01-31 | 2.55 |
| 2006-10-31 | 2.64 |
| 2006-07-31 | 2.06 |
| 2006-04-30 | 2.09 |
| 2006-01-31 | 1.59 |
| 2005-10-31 | 1.43 |
| 2005-07-31 | 1.69 |
| 2005-04-30 | 1.91 |
| 2005-01-31 | 2.15 |
| 2004-10-31 | 2.17 |
| 2004-07-31 | 1.15 |
| 2004-04-30 | 1.05 |
| 2004-01-31 | 0.90 |
| 2003-10-31 | 0.87 |
| 2003-07-31 | 1.88 |
| 2003-04-30 | 1.93 |
| 2003-01-31 | 2.05 |
| 2002-10-31 | 1.94 |