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 1.35 is 84% below its 5-year average of 8.57, near the low end of its 5-year range (1.12–21.47).
As of the fiscal period ended Tuesday, June 30, 2026. 21.09% below its 12-month average of 1.71.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 1.35.
QUICK RATIO (ACID-TEST)
1.35
QUICK RATIO (ACID-TEST) AVG TTM
1.71
QUICK RATIO (ACID-TEST) AVG 3Y
3.69
QUICK RATIO (ACID-TEST) AVG 5Y
8.57
QUICK RATIO (ACID-TEST) AVG 10Y
6.08
QUICK RATIO (ACID-TEST) AVG 15Y
6.47
QUICK RATIO (ACID-TEST) AVG 20Y
7.43
CURRENT VS TTM AVG
-21.09%
CURRENT VS 3Y AVG
-63.31%
CURRENT VS 5Y AVG
-84.21%
CURRENT VS 10Y AVG
-77.76%
CURRENT VS 15Y AVG
-79.10%
CURRENT VS 20Y AVG
-81.80%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-59.67%
vs the sector median at left
Oncolytics Biotech Inc.
Market Cap
$60.02M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.71
3Y Avg
3.69
5Y Avg
8.57
Market Cap
$60.42M
Quick Ratio (Acid-Test)
3.15
TTM Avg
4.21
3Y Avg
4.66
5Y Avg
4.26
Market Cap
$59.18M
Quick Ratio (Acid-Test)
4.25
TTM Avg
2.40
3Y Avg
3.43
5Y Avg
5.08
Market Cap
$58.44M
Quick Ratio (Acid-Test)
0.57
TTM Avg
2.81
3Y Avg
4.44
5Y Avg
7.47
Market Cap
$58.43M
Quick Ratio (Acid-Test)
6.71
TTM Avg
8.38
3Y Avg
9.61
5Y Avg
10.03
Market Cap
$58.29M
Quick Ratio (Acid-Test)
1.23
TTM Avg
0.89
3Y Avg
0.93
5Y Avg
1.06
Market Cap
$58.06M
Quick Ratio (Acid-Test)
10.98
TTM Avg
17.43
3Y Avg
9.10
5Y Avg
12.08
Market Cap
$57.76M
Quick Ratio (Acid-Test)
9.48
TTM Avg
13.86
3Y Avg
12.45
5Y Avg
13.81
Market Cap
$57.61M
Quick Ratio (Acid-Test)
4.29
TTM Avg
4.53
3Y Avg
3.33
5Y Avg
3.09
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oncolytics Biotech Inc. (ONCY) | $60.02M | 1.35 | 1.71 | 3.69 | 8.57 |
| Fractyl Health, Inc. (GUTS)vs › | $60.42M | 3.15 | 4.21 | 4.66 | 4.26 |
| Xilio Therapeutics, Inc. (XLO)vs › | $59.18M | 4.25 | 2.40 | 3.43 | 5.08 |
| PDS Biotechnology Corporation (PDSB)vs › | $58.44M | 0.57 | 2.81 | 4.44 | 7.47 |
| Adicet Bio, Inc. (ACET)vs › | $58.43M | 6.71 | 8.38 | 9.61 | 10.03 |
| MiNK Therapeutics, Inc. (INKT)vs › | $58.29M | 1.23 | 0.89 | 0.93 | 1.06 |
| Kalaris Therapeutics Inc (KLRS)vs › | $58.06M | 10.98 | 17.43 | 9.10 | 12.08 |
| Boundless Bio, Inc. (BOLD)vs › | $57.76M | 9.48 | 13.86 | 12.45 | 13.81 |
| Talphera, Inc. (TLPH)vs › | $57.61M | 4.29 | 4.53 | 3.33 | 3.09 |
| RenovoRx, Inc. (RNXT)vs › | $62.62M | 5.53 | 4.01 | 3.97 | 5.62 |
Quick Ratio
1.35
Excludes inventory
Current Ratio
1.35
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 | 1.35 |
| 2026-03-31 | 1.38 |
| 2025-12-31 | 1.12 |
| 2025-09-30 | 1.84 |
| 2025-06-30 | 2.88 |
| 2025-03-31 | 3.21 |
| 2024-12-31 | 2.82 |
| 2024-09-30 | 2.99 |
| 2024-06-30 | 4.99 |
| 2024-03-31 | 8.14 |
| 2023-12-31 | 9.01 |
| 2023-09-30 | 4.53 |
| 2023-06-30 | 11.69 |
| 2023-03-31 | 13.88 |
| 2022-12-31 | 9.05 |
| 2022-09-30 | 10.42 |
| 2022-06-30 | 15.49 |
| 2022-03-31 | 17.96 |
| 2021-12-31 | 16.69 |
| 2021-09-30 | 19.04 |
| 2021-06-30 | 21.47 |
| 2021-03-31 | 22.15 |
| 2020-12-31 | 12.45 |
| 2020-09-30 | 9.09 |
| 2020-06-30 | 8.81 |
| 2020-03-31 | 7.89 |
| 2019-12-31 | 1.47 |
| 2019-09-30 | 3.78 |
| 2019-06-30 | 3.21 |
| 2019-03-31 | 3.39 |
| 2018-12-31 | 5.13 |
| 2018-09-30 | 5.46 |
| 2018-06-30 | 5.18 |
| 2018-03-31 | 3.34 |
| 2017-12-31 | 3.41 |
| 2017-09-30 | 5.21 |
| 2017-06-30 | 5.20 |
| 2017-03-31 | 3.08 |
| 2016-12-31 | 3.55 |
| 2016-09-30 | 6.44 |
| 2016-06-30 | 7.55 |
| 2016-03-31 | 8.85 |
| 2015-12-31 | 9.94 |
| 2015-09-30 | 9.33 |
| 2015-06-30 | 10.70 |
| 2015-03-31 | 7.24 |
| 2014-12-31 | 4.94 |
| 2014-09-30 | 5.32 |
| 2014-06-30 | 5.34 |
| 2014-03-31 | 4.66 |
| 2013-12-31 | 4.61 |
| 2013-09-30 | 6.51 |
| 2013-06-30 | 7.15 |
| 2013-03-31 | 7.80 |
| 2012-12-31 | 2.97 |
| 2012-09-30 | 4.27 |
| 2012-06-30 | 6.89 |
| 2012-03-31 | 7.74 |
| 2011-12-31 | 5.48 |
| 2011-09-30 | 12.30 |
| 2011-06-30 | 11.82 |
| 2011-03-31 | 23.08 |
| 2010-12-31 | 17.38 |
| 2010-09-30 | 11.18 |
| 2010-06-30 | 7.05 |
| 2010-03-31 | 9.98 |
| 2009-12-31 | 8.21 |
| 2009-09-30 | 3.22 |
| 2009-06-30 | 3.88 |
| 2009-03-31 | 2.21 |
| 2008-12-31 | 2.99 |
| 2008-09-30 | 4.65 |
| 2008-06-30 | 4.44 |
| 2008-03-31 | 8.07 |
| 2007-12-31 | 9.06 |
| 2007-09-30 | 12.46 |
| 2007-06-30 | 13.63 |
| 2007-03-31 | 12.54 |
| 2006-12-31 | 10.83 |
| 2006-09-30 | 13.34 |
| 2006-06-30 | 18.65 |
| 2006-03-31 | 19.01 |
| 2005-12-31 | 24.22 |
| 2005-09-30 | 19.76 |
| 2005-06-30 | 20.76 |
| 2005-03-31 | 27.75 |
| 2004-12-31 | 36.05 |
| 2004-09-30 | 17.66 |
| 2004-06-30 | 28.48 |
| 2004-03-31 | 10.27 |
| 2003-12-31 | 23.52 |
| 2003-09-30 | 18.89 |
| 2003-06-30 | 20.69 |
| 2003-03-31 | 8.12 |
| 2002-12-31 | 6.70 |
| 2002-09-30 | 10.72 |
