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 1.98 is in line with its 5-year average of 1.95, around the middle of its 5-year range (1.15–2.94).
As of the fiscal period ended Tuesday, June 30, 2026. 0.69% above its 12-month average of 1.96.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.98.
QUICK RATIO (ACID-TEST)
1.98
QUICK RATIO (ACID-TEST) AVG TTM
1.96
QUICK RATIO (ACID-TEST) AVG 3Y
1.80
QUICK RATIO (ACID-TEST) AVG 5Y
1.95
QUICK RATIO (ACID-TEST) AVG 10Y
2.21
QUICK RATIO (ACID-TEST) AVG 15Y
3.03
QUICK RATIO (ACID-TEST) AVG 20Y
4.69
CURRENT VS TTM AVG
+0.69%
CURRENT VS 3Y AVG
+9.78%
CURRENT VS 5Y AVG
+1.59%
CURRENT VS 10Y AVG
-10.43%
CURRENT VS 15Y AVG
-34.69%
CURRENT VS 20Y AVG
-57.87%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-41.07%
vs the sector median at left
Myriad Genetics, Inc.
Market Cap
$404.24M
Quick Ratio (Acid-Test)
1.98
TTM Avg
1.96
3Y Avg
1.80
5Y Avg
1.95
Market Cap
$405.74M
Quick Ratio (Acid-Test)
8.13
TTM Avg
16.34
3Y Avg
21.67
5Y Avg
17.16
Market Cap
$402.17M
Quick Ratio (Acid-Test)
10.64
TTM Avg
18.70
3Y Avg
14.71
5Y Avg
15.03
Market Cap
$406.58M
Quick Ratio (Acid-Test)
9.89
TTM Avg
6.34
3Y Avg
6.34
5Y Avg
6.34
Market Cap
$397.99M
Quick Ratio (Acid-Test)
8.66
TTM Avg
7.11
3Y Avg
5.24
5Y Avg
5.24
Market Cap
$411.00M
Quick Ratio (Acid-Test)
2.64
TTM Avg
6.72
3Y Avg
6.86
5Y Avg
10.10
Market Cap
$411.21M
Quick Ratio (Acid-Test)
16.52
TTM Avg
13.61
3Y Avg
8.86
5Y Avg
8.86
Market Cap
$396.93M
Quick Ratio (Acid-Test)
8.92
TTM Avg
6.16
3Y Avg
7.06
5Y Avg
7.06
Market Cap
$415.98M
Quick Ratio (Acid-Test)
9.44
TTM Avg
11.90
3Y Avg
14.34
5Y Avg
23.42
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Myriad Genetics, Inc. (MYGN) | $404.24M | 1.98 | 1.96 | 1.80 | 1.95 |
| Atea Pharmaceuticals, Inc. (AVIR)vs › | $405.74M | 8.13 | 16.34 | 21.67 | 17.16 |
| Neurogene Inc. (NGNE)vs › | $402.17M | 10.64 | 18.70 | 14.71 | 15.03 |
| Eikon Therapeutics, Inc. Common Stock (EIKN)vs › | $406.58M | 9.89 | 6.34 | 6.34 | 6.34 |
| Carlsmed, Inc. (CARL)vs › | $397.99M | 8.66 | 7.11 | 5.24 | 5.24 |
| Strata Critical Medical, Inc. (SRTA)vs › | $411.00M | 2.64 | 6.72 | 6.86 | 10.10 |
| MapLight Therapeutics, Inc. (MPLT)vs › | $411.21M | 16.52 | 13.61 | 8.86 | 8.86 |
| Shoulder Innovations, Inc. (SI)vs › | $396.93M | 8.92 | 6.16 | 7.06 | 7.06 |
| Rezolute, Inc. (RZLT)vs › | $415.98M | 9.44 | 11.90 | 14.34 | 23.42 |
| Senseonics Holdings, Inc. (SENS)vs › | $416.27M | 6.40 | 3.40 | 4.68 | 4.62 |
Quick Ratio
1.98
Excludes inventory
Current Ratio
2.21
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 | 1.98 |
| 2026-03-31 | 2.19 |
| 2025-12-31 | 2.26 |
| 2025-09-30 | 2.12 |
| 2025-06-30 | 1.28 |
| 2025-03-31 | 1.71 |
| 2024-12-31 | 1.65 |
| 2024-09-30 | 1.73 |
| 2024-06-30 | 1.78 |
| 2024-03-31 | 1.82 |
| 2023-12-31 | 1.87 |
| 2023-09-30 | 1.15 |
| 2023-06-30 | 1.23 |
| 2023-03-31 | 1.67 |
| 2022-12-31 | 1.85 |
| 2022-09-30 | 2.58 |
| 2022-06-30 | 2.94 |
| 2022-03-31 | 2.48 |
| 2021-12-31 | 2.30 |
| 2021-09-30 | 2.36 |
| 2021-06-30 | 1.92 |
| 2021-03-31 | 2.04 |
| 2020-12-31 | 2.48 |
| 2020-09-30 | 2.75 |
| 2020-06-30 | 2.06 |
| 2020-03-31 | 2.87 |
| 2019-12-31 | 3.00 |
| 2019-09-30 | 2.61 |
| 2019-06-30 | 2.69 |
| 2019-03-31 | 2.86 |
| 2018-12-31 | 2.68 |
| 2018-09-30 | 2.83 |
| 2018-06-30 | 2.87 |
| 2018-03-31 | 3.16 |
| 2017-12-31 | 1.81 |
| 2017-09-30 | 2.06 |
| 2017-06-30 | 1.19 |
| 2017-03-31 | 1.36 |
| 2016-12-31 | 3.51 |
| 2016-09-30 | 0.98 |
| 2016-06-30 | 3.82 |
| 2016-03-31 | 5.25 |
| 2015-12-31 | 5.26 |
| 2015-09-30 | 4.63 |
| 2015-06-30 | 3.76 |
| 2015-03-31 | 3.77 |
| 2014-12-31 | 5.01 |
| 2014-09-30 | 4.59 |
| 2014-06-30 | 3.70 |
| 2014-03-31 | 4.42 |
| 2013-12-31 | 6.74 |
| 2013-09-30 | 5.80 |
| 2013-06-30 | 7.43 |
| 2013-03-31 | 8.22 |
| 2012-12-31 | 9.82 |
| 2012-09-30 | 7.40 |
| 2012-06-30 | 9.14 |
| 2012-03-31 | 11.02 |
| 2011-12-31 | 12.05 |
| 2011-09-30 | 13.06 |
| 2011-06-30 | 11.92 |
| 2011-03-31 | 17.78 |
| 2010-12-31 | 19.18 |
| 2010-09-30 | 15.90 |
| 2010-06-30 | 17.26 |
| 2010-03-31 | 20.28 |
| 2009-12-31 | 17.65 |
| 2009-09-30 | 19.55 |
| 2009-06-30 | 11.38 |
| 2009-03-31 | 12.51 |
| 2008-12-31 | 7.00 |
| 2008-09-30 | 6.75 |
| 2008-06-30 | 5.12 |
| 2008-03-31 | 6.72 |
| 2007-12-31 | 6.58 |
| 2007-09-30 | 7.37 |
| 2007-06-30 | 7.18 |
| 2007-03-31 | 14.58 |
| 2006-12-31 | 8.85 |
| 2006-09-30 | 10.36 |
| 2006-06-30 | 9.41 |
| 2006-03-31 | 11.76 |
| 2005-12-31 | 11.10 |
| 2005-09-30 | 5.70 |
| 2005-06-30 | 5.82 |
| 2005-03-31 | 6.09 |
| 2004-12-31 | 6.29 |
| 2004-09-30 | 8.32 |
| 2004-06-30 | 9.10 |
| 2004-03-31 | 6.30 |
| 2003-12-31 | 7.07 |
| 2003-09-30 | 8.04 |
| 2003-06-30 | 5.32 |
| 2003-03-31 | 9.38 |
| 2002-12-31 | 6.17 |
| 2002-09-30 | 4.50 |