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 2.85 is 21% below its 5-year average of 3.63, near the low end of its 5-year range (2.83–5.82).
As of the fiscal period ended Tuesday, June 30, 2026. 8.72% below its 12-month average of 3.13.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.85.
QUICK RATIO (ACID-TEST)
2.85
QUICK RATIO (ACID-TEST) AVG TTM
3.13
QUICK RATIO (ACID-TEST) AVG 3Y
3.64
QUICK RATIO (ACID-TEST) AVG 5Y
3.63
QUICK RATIO (ACID-TEST) AVG 10Y
3.13
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-8.72%
CURRENT VS 3Y AVG
-21.63%
CURRENT VS 5Y AVG
-21.43%
CURRENT VS 10Y AVG
-8.97%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
1.28
median of 97 covered companies
CURRENT VS SECTOR MEDIAN
+122.94%
vs the sector median at left
Market Cap
$63.32B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.86
3Y Avg
0.89
5Y Avg
1.02
Market Cap
$53.47B
Quick Ratio (Acid-Test)
0.49
TTM Avg
0.49
3Y Avg
0.52
5Y Avg
0.54
Market Cap
$49.03B
Quick Ratio (Acid-Test)
3.77
TTM Avg
3.27
3Y Avg
2.83
5Y Avg
2.71
Market Cap
$48.72B
Quick Ratio (Acid-Test)
0.51
TTM Avg
0.69
3Y Avg
0.70
5Y Avg
0.80
Market Cap
$47.38B
Quick Ratio (Acid-Test)
1.56
TTM Avg
1.54
3Y Avg
1.63
5Y Avg
1.68
Market Cap
$71.48B
Quick Ratio (Acid-Test)
0.74
TTM Avg
0.72
3Y Avg
0.68
5Y Avg
0.69
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Natera, Inc. (NTRA) | $58.77B | 2.85 | 3.13 | 3.64 | 3.63 |
| Cencora, Inc. (COR)vs › | $60.13B | 0.58 | 0.54 | 0.53 | 0.55 |
| Boston Scientific Corporation (BSX)vs › | $63.32B | 0.74 | 0.86 | 0.89 | 1.02 |
| Cardinal Health, Inc. (CAH)vs › | $53.47B | 0.49 | 0.49 | 0.52 | 0.54 |
| Edwards Lifesciences Corporation (EW)vs › | $49.03B | 3.77 | 3.27 | 2.83 | 2.71 |
| Becton, Dickinson and Company (BDX)vs › | $48.72B | 0.51 | 0.69 | 0.70 | 0.80 |
| Agilent Technologies, Inc. (A)vs › | $47.38B | 1.56 | 1.54 | 1.63 | 1.68 |
| Humana Inc. (HUM)vs › | $46.63B | 1.74 | 0.58 | 0.57 | 0.58 |
| Cigna Corporation (CI)vs › | $71.48B | 0.74 | 0.72 | 0.68 | 0.69 |
| Teva Pharmaceutical Industries Limited (TEVA)vs › | $46.04B | 0.67 | 0.78 | 0.74 | 0.73 |
Quick Ratio
2.85
Excludes inventory
Current Ratio
3.00
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 | 2.85 |
| 2026-03-31 | 2.83 |
| 2025-12-31 | 3.24 |
| 2025-09-30 | 3.13 |
| 2025-06-30 | 3.58 |
| 2025-03-31 | 3.74 |
| 2024-12-31 | 3.87 |
| 2024-09-30 | 4.23 |
| 2024-06-30 | 4.01 |
| 2024-03-31 | 3.98 |
| 2023-12-31 | 3.96 |
| 2023-09-30 | 4.23 |
| 2023-06-30 | 3.69 |
| 2023-03-31 | 3.74 |
| 2022-12-31 | 3.79 |
| 2022-09-30 | 2.95 |
| 2022-06-30 | 3.46 |
| 2022-03-31 | 4.13 |
| 2021-12-31 | 4.87 |
| 2021-09-30 | 5.82 |
| 2021-06-30 | 3.59 |
| 2021-03-31 | 4.60 |
| 2020-12-31 | 4.23 |
| 2020-09-30 | 4.57 |
| 2020-06-30 | 3.68 |
| 2020-03-31 | 2.73 |
| 2019-12-31 | 2.84 |
| 2019-09-30 | 2.26 |
| 2019-06-30 | 2.42 |
| 2019-03-31 | 1.73 |
| 2018-12-31 | 1.99 |
| 2018-09-30 | 2.32 |
| 2018-06-30 | 1.56 |
| 2018-03-31 | 1.68 |
| 2017-12-31 | 1.63 |
| 2017-09-30 | 1.75 |
| 2017-06-30 | 1.18 |
| 2017-03-31 | 1.42 |
| 2016-12-31 | 1.74 |
| 2016-09-30 | 2.12 |
| 2016-06-30 | 2.39 |
| 2016-03-31 | 2.87 |
| 2015-12-31 | 3.02 |
| 2015-09-30 | 6.67 |
| 2015-06-30 | 1.85 |
| 2015-03-31 | 2.61 |
| 2014-12-31 | 3.18 |
| 2014-09-30 | 1.23 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 1.16 |
| 2013-12-31 | 1.63 |
| 2013-09-30 | 0.00 |
| 2013-03-31 | 0.00 |