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 1.72 is 41% below its 5-year average of 2.91, near the low end of its 5-year range (0.87–4.85).
As of the fiscal period ended Tuesday, March 31, 2026. 28.81% below its 12-month average of 2.42.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
1.72
QUICK RATIO (ACID-TEST) AVG TTM
2.42
QUICK RATIO (ACID-TEST) AVG 3Y
2.69
QUICK RATIO (ACID-TEST) AVG 5Y
2.83
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-28.81%
CURRENT VS 3Y AVG
-35.93%
CURRENT VS 5Y AVG
-39.11%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.73
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
-0.17%
vs the sector median at left
monday.com Ltd.
Market Cap
$4.64B
Quick Ratio (Acid-Test)
1.72
TTM Avg
2.42
3Y Avg
2.69
5Y Avg
2.83
Market Cap
$4.81B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.56
3Y Avg
1.23
5Y Avg
1.32
Market Cap
$3.59B
Quick Ratio (Acid-Test)
1.95
TTM Avg
2.18
3Y Avg
2.64
5Y Avg
3.23
Market Cap
$5.74B
Quick Ratio (Acid-Test)
N/A
TTM Avg
2.77
3Y Avg
3.51
5Y Avg
3.52
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| monday.com Ltd. (MNDY) | $4.64B | 1.72 | 2.42 | 2.69 | 2.83 |
| Itron, Inc. (ITRI)vs › | $4.62B | 2.29 | 2.24 | 1.78 | 1.61 |
| Bill.com Holdings, Inc. (BILL)vs › | $4.81B | N/A | 1.56 | 1.23 | 1.32 |
| Box, Inc. (BOX)vs › | $4.43B | N/A | 1.12 | 1.15 | 1.22 |
| Ambarella, Inc. (AMBA)vs › | $3.59B | 1.95 | 2.18 | 2.64 | 3.23 |
| EPAM Systems, Inc. (EPAM)vs › | $5.74B | N/A | 2.77 | 3.51 | 3.52 |
| AXT, Inc. (AXTI)vs › | $3.48B | 4.00 | 1.41 | 1.27 | 1.66 |
| Klaviyo, Inc. (KVYO)vs › | $5.79B | N/A | 4.58 | 5.09 | 5.00 |
| Genpact Limited (G)vs › | $5.98B | N/A | 1.91 | 1.72 | 1.63 |
| Veeco Instruments Inc. (VECO)vs › | $3.23B | 2.86 | 2.95 | 2.46 | 2.47 |
Quick Ratio
1.72
Excludes inventory
Current Ratio
1.72
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) |
|---|---|
| 2026-03-31 | 1.72 |
| 2025-12-31 | 2.50 |
| 2025-09-30 | 2.67 |
| 2025-06-30 | 2.64 |
| 2025-03-31 | 2.57 |
| 2024-12-31 | 2.66 |
| 2024-09-30 | 2.67 |
| 2024-06-30 | 2.63 |
| 2024-03-31 | 2.62 |
| 2023-12-31 | 2.82 |
| 2023-09-30 | 2.82 |
| 2023-06-30 | 2.82 |
| 2023-03-31 | 2.85 |
| 2022-12-31 | 3.10 |
| 2022-09-30 | 3.08 |
| 2022-06-30 | 3.24 |
| 2022-03-31 | 3.58 |
| 2021-12-31 | 4.00 |
| 2021-09-30 | 4.40 |
| 2021-06-30 | 4.85 |
| 2021-03-31 | 0.87 |
| 2020-12-31 | 1.05 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |