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 2.96 is 28% below its 5-year average of 4.11, near the low end of its 5-year range (1.80–6.30).
As of the fiscal period ended Tuesday, June 30, 2026. 25.03% below its 12-month average of 3.94.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.96.
QUICK RATIO (ACID-TEST)
2.96
QUICK RATIO (ACID-TEST) AVG TTM
3.94
QUICK RATIO (ACID-TEST) AVG 3Y
4.04
QUICK RATIO (ACID-TEST) AVG 5Y
4.11
QUICK RATIO (ACID-TEST) AVG 10Y
5.05
QUICK RATIO (ACID-TEST) AVG 15Y
4.82
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-25.03%
CURRENT VS 3Y AVG
-26.75%
CURRENT VS 5Y AVG
-28.07%
CURRENT VS 10Y AVG
-41.47%
CURRENT VS 15Y AVG
-38.68%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.28
median of 797 covered companies
CURRENT VS SECTOR MEDIAN
-9.87%
vs the sector median at left
MacroGenics, Inc.
Market Cap
$232.96M
Quick Ratio (Acid-Test)
2.96
TTM Avg
3.94
3Y Avg
4.04
5Y Avg
4.11
Market Cap
$229.82M
Quick Ratio (Acid-Test)
17.19
TTM Avg
13.55
3Y Avg
8.08
5Y Avg
8.08
Market Cap
$228.90M
Quick Ratio (Acid-Test)
2.85
TTM Avg
2.31
3Y Avg
2.01
5Y Avg
2.00
Market Cap
$236.33M
Quick Ratio (Acid-Test)
16.48
TTM Avg
8.13
3Y Avg
6.57
5Y Avg
7.38
Market Cap
$236.60M
Quick Ratio (Acid-Test)
5.86
TTM Avg
4.06
3Y Avg
6.91
5Y Avg
7.76
Market Cap
$236.81M
Quick Ratio (Acid-Test)
0.81
TTM Avg
0.81
3Y Avg
0.76
5Y Avg
0.71
Market Cap
$236.66M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.13
3Y Avg
1.14
5Y Avg
1.18
Market Cap
$240.34M
Quick Ratio (Acid-Test)
4.70
TTM Avg
7.13
3Y Avg
7.51
5Y Avg
5.59
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MacroGenics, Inc. (MGNX) | $232.96M | 2.96 | 3.94 | 4.04 | 4.11 |
| BioAge Labs Inc. (BIOA)vs › | $229.82M | 17.19 | 13.55 | 8.08 | 8.08 |
| Biodesix, Inc. (BDSX)vs › | $228.90M | 2.85 | 2.31 | 2.01 | 2.00 |
| SIGA Technologies, Inc. (SIGA)vs › | $236.33M | 16.48 | 8.13 | 6.57 | 7.38 |
| Invivyd, Inc. (IVVD)vs › | $236.60M | 5.86 | 4.06 | 6.91 | 7.76 |
| High Tide Inc. (HITI)vs › | $236.81M | 0.81 | 0.81 | 0.76 | 0.71 |
| Akebia Therapeutics, Inc. (AKBA)vs › | $236.66M | 1.35 | 1.13 | 1.14 | 1.18 |
| InflaRx N.V. (IFRX)vs › | $237.88M | 8.22 | 4.35 | 5.50 | 5.94 |
| CAMP4 Therapeutics Corporation (CAMP)vs › | $240.34M | 4.70 | 7.13 | 7.51 | 5.59 |
| Galectin Therapeutics Inc. (GALT)vs › | $240.38M | 0.10 | 1.46 | 1.56 | 2.73 |
Quick Ratio
2.96
Excludes inventory
Current Ratio
2.96
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 | 2.96 |
| 2026-03-31 | 1.80 |
| 2025-12-31 | 4.92 |
| 2025-09-30 | 5.02 |
| 2025-06-30 | 5.02 |
| 2025-03-31 | 3.11 |
| 2024-12-31 | 3.92 |
| 2024-09-30 | 3.69 |
| 2024-06-30 | 2.69 |
| 2024-03-31 | 3.61 |
| 2023-12-31 | 4.46 |
| 2023-09-30 | 5.66 |
| 2023-06-30 | 5.61 |
| 2023-03-31 | 6.30 |
| 2022-12-31 | 4.54 |
| 2022-09-30 | 2.93 |
| 2022-06-30 | 3.24 |
| 2022-03-31 | 3.18 |
| 2021-12-31 | 3.69 |
| 2021-09-30 | 4.80 |
| 2021-06-30 | 5.16 |
| 2021-03-31 | 6.95 |
| 2020-12-31 | 6.17 |
| 2020-09-30 | 6.19 |
| 2020-06-30 | 5.67 |
| 2020-03-31 | 4.93 |
| 2019-12-31 | 5.31 |
| 2019-09-30 | 4.79 |
| 2019-06-30 | 5.81 |
| 2019-03-31 | 6.47 |
| 2018-12-31 | 4.49 |
| 2018-09-30 | 5.95 |
| 2018-06-30 | 6.71 |
| 2018-03-31 | 5.43 |
| 2017-12-31 | 6.48 |
| 2017-09-30 | 6.46 |
| 2017-06-30 | 8.37 |
| 2017-03-31 | 9.45 |
| 2016-12-31 | 10.40 |
| 2016-09-30 | 14.34 |
| 2016-06-30 | 17.84 |
| 2016-03-31 | 17.37 |
| 2015-12-31 | 14.15 |
| 2015-09-30 | 16.55 |
| 2015-06-30 | 10.17 |
| 2015-03-31 | 11.13 |
| 2014-12-31 | 6.08 |
| 2014-09-30 | 7.19 |
| 2014-06-30 | 6.65 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 4.14 |
| 2013-09-30 | 1.46 |
| 2013-06-30 | 1.35 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 1.68 |
| 2012-09-30 | 0.00 |
