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 1.23 is in line with its 5-year average of 1.33, near the low end of its 5-year range (1.15–1.45).
As of the fiscal period ended Tuesday, June 30, 2026. 3.37% below its 12-month average of 1.27.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.23.
QUICK RATIO (ACID-TEST)
1.23
QUICK RATIO (ACID-TEST) AVG TTM
1.27
QUICK RATIO (ACID-TEST) AVG 3Y
1.33
QUICK RATIO (ACID-TEST) AVG 5Y
1.33
QUICK RATIO (ACID-TEST) AVG 10Y
1.29
QUICK RATIO (ACID-TEST) AVG 15Y
1.30
QUICK RATIO (ACID-TEST) AVG 20Y
1.31
CURRENT VS TTM AVG
-3.37%
CURRENT VS 3Y AVG
-7.53%
CURRENT VS 5Y AVG
-8.21%
CURRENT VS 10Y AVG
-5.23%
CURRENT VS 15Y AVG
-5.98%
CURRENT VS 20Y AVG
-6.74%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 219 covered companies
CURRENT VS SECTOR MEDIAN
-22.94%
vs the sector median at left
Market Cap
$58.27B
Quick Ratio (Acid-Test)
4.03
TTM Avg
6.34
3Y Avg
3.66
5Y Avg
3.48
Market Cap
$55.40B
Quick Ratio (Acid-Test)
3.17
TTM Avg
2.40
3Y Avg
2.49
5Y Avg
2.58
Market Cap
$60.05B
Quick Ratio (Acid-Test)
9.36
TTM Avg
10.50
3Y Avg
7.51
5Y Avg
7.51
Market Cap
$61.44B
Quick Ratio (Acid-Test)
1.36
TTM Avg
1.49
3Y Avg
1.49
5Y Avg
1.54
Market Cap
$51.11B
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.40
3Y Avg
2.28
5Y Avg
2.17
Market Cap
$63.89B
Quick Ratio (Acid-Test)
1.23
TTM Avg
1.06
3Y Avg
1.07
5Y Avg
1.06
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nokia Oyj (NOK) | $57.25B | 1.23 | 1.27 | 1.33 | 1.33 |
| Nebius Group N.V. (NBIS)vs › | $58.27B | 4.03 | 6.34 | 3.66 | 3.48 |
| Ciena Corporation (CIEN)vs › | $55.40B | 3.17 | 2.40 | 2.49 | 2.58 |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $60.05B | 9.36 | 10.50 | 7.51 | 7.51 |
| Garmin Ltd. (GRMN)vs › | $54.22B | 2.08 | 2.58 | 2.39 | 2.36 |
| NXP Semiconductors N.V. (NXPI)vs › | $61.44B | 1.36 | 1.49 | 1.49 | 1.54 |
| Strategy Inc (MSTR)vs › | $52.93B | 5.39 | 3.17 | 2.00 | 1.63 |
| STMicroelectronics N.V. (STM)vs › | $51.11B | 2.08 | 2.40 | 2.28 | 2.17 |
| TE Connectivity plc (TEL)vs › | $63.89B | 1.23 | 1.06 | 1.07 | 1.06 |
| Atlassian Corporation (TEAM)vs › | $49.35B | 0.78 | 1.00 | 1.13 | 1.07 |
Quick Ratio
1.23
Excludes inventory
Current Ratio
1.51
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 | 1.23 |
| 2026-03-31 | 1.32 |
| 2025-12-31 | 1.36 |
| 2025-09-30 | 1.23 |
| 2025-06-30 | 1.21 |
| 2025-03-31 | 1.15 |
| 2024-12-31 | 1.39 |
| 2024-09-30 | 1.44 |
| 2024-06-30 | 1.45 |
| 2024-03-31 | 1.40 |
| 2023-12-31 | 1.41 |
| 2023-09-30 | 1.35 |
| 2023-06-30 | 1.32 |
| 2023-03-31 | 1.28 |
| 2022-12-31 | 1.33 |
| 2022-09-30 | 1.28 |
| 2022-06-30 | 1.36 |
| 2022-03-31 | 1.36 |
| 2021-12-31 | 1.42 |
| 2021-09-30 | 1.40 |
| 2021-06-30 | 1.37 |
| 2021-03-31 | 1.40 |
| 2020-12-31 | 1.36 |
| 2020-09-30 | 1.29 |
| 2020-06-30 | 1.26 |
| 2020-03-31 | 1.14 |
| 2019-12-31 | 1.15 |
| 2019-09-30 | 1.05 |
| 2019-06-30 | 1.05 |
| 2019-03-31 | 1.06 |
| 2018-12-31 | 1.07 |
| 2018-09-30 | 1.05 |
| 2018-06-30 | 1.14 |
| 2018-03-31 | 1.32 |
| 2017-12-31 | 1.34 |
| 2017-09-30 | 1.33 |
| 2017-06-30 | 1.33 |
| 2017-03-31 | 1.37 |
| 2016-12-31 | 1.44 |
| 2016-09-30 | 1.42 |
| 2016-06-30 | 1.41 |
| 2016-03-31 | 1.66 |
| 2015-12-31 | 2.32 |
| 2015-09-30 | 2.17 |
| 2015-06-30 | 1.72 |
| 2015-03-31 | 1.66 |
| 2014-12-31 | 1.71 |
| 2014-09-30 | 1.68 |
| 2014-06-30 | 1.64 |
| 2014-03-31 | 1.29 |
| 2013-12-31 | 1.29 |
| 2013-09-30 | 1.16 |
| 2013-06-30 | 1.20 |
| 2013-03-31 | 1.19 |
| 2012-12-31 | 1.32 |
| 2012-09-30 | 1.16 |
| 2012-06-30 | 1.18 |
| 2012-03-31 | 1.26 |
| 2011-12-31 | 1.33 |
| 2011-09-30 | 1.32 |
| 2011-06-30 | 1.30 |
| 2011-03-31 | 1.49 |
| 2010-12-31 | 1.40 |
| 2010-09-30 | 1.35 |
| 2010-06-30 | 1.34 |
| 2010-03-31 | 1.45 |
| 2009-12-31 | 1.43 |
| 2009-09-30 | 1.33 |
| 2009-06-30 | 1.24 |
| 2009-03-31 | 1.19 |
| 2008-12-31 | 1.08 |
| 2008-09-30 | 1.00 |
| 2008-06-30 | 1.26 |
| 2008-03-31 | 1.41 |
| 2007-12-31 | 1.39 |
| 2007-09-30 | 1.35 |
| 2007-06-30 | 1.33 |
| 2007-03-31 | 1.71 |
| 2006-12-31 | 1.68 |
| 2006-09-30 | 1.56 |
| 2006-06-30 | 1.65 |
| 2006-03-31 | 1.49 |
| 2005-12-31 | 1.79 |
| 2005-09-30 | 1.93 |
| 2005-06-30 | 2.03 |
| 2005-03-31 | 1.95 |
| 2004-12-31 | 2.28 |
| 2004-09-30 | 2.21 |
| 2004-06-30 | 2.21 |
| 2004-03-31 | 1.98 |
| 2003-12-31 | 2.28 |
| 2003-09-30 | 2.05 |
| 2003-06-30 | 2.04 |
| 2003-03-31 | 1.78 |
| 2002-12-31 | 1.94 |
| 2002-09-30 | 1.65 |
