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 3.94 is 26% above its 5-year average of 3.12, around the middle of its 5-year range (1.47–5.70).
As of the fiscal period ended Tuesday, June 30, 2026. 21.15% above its 12-month average of 3.25.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 3.94.
QUICK RATIO (ACID-TEST)
3.94
QUICK RATIO (ACID-TEST) AVG TTM
3.25
QUICK RATIO (ACID-TEST) AVG 3Y
3.36
QUICK RATIO (ACID-TEST) AVG 5Y
3.12
QUICK RATIO (ACID-TEST) AVG 10Y
4.22
QUICK RATIO (ACID-TEST) AVG 15Y
3.51
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+21.15%
CURRENT VS 3Y AVG
+17.40%
CURRENT VS 5Y AVG
+26.16%
CURRENT VS 10Y AVG
-6.64%
CURRENT VS 15Y AVG
+12.15%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
+17.42%
vs the sector median at left
Pacira BioSciences, Inc.
Market Cap
$973.93M
Quick Ratio (Acid-Test)
3.94
TTM Avg
3.25
3Y Avg
3.36
5Y Avg
3.12
Market Cap
$978.09M
Quick Ratio (Acid-Test)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$981.66M
Quick Ratio (Acid-Test)
3.76
TTM Avg
1.39
3Y Avg
1.76
5Y Avg
2.46
Market Cap
$982.46M
Quick Ratio (Acid-Test)
15.08
TTM Avg
22.50
3Y Avg
27.08
5Y Avg
27.08
Market Cap
$992.14M
Quick Ratio (Acid-Test)
19.15
TTM Avg
11.70
3Y Avg
12.62
5Y Avg
12.74
Market Cap
$953.81M
Quick Ratio (Acid-Test)
16.33
TTM Avg
11.68
3Y Avg
16.13
5Y Avg
16.13
Market Cap
$952.91M
Quick Ratio (Acid-Test)
10.13
TTM Avg
12.79
3Y Avg
15.72
5Y Avg
14.10
Market Cap
$996.65M
Quick Ratio (Acid-Test)
5.35
TTM Avg
6.89
3Y Avg
6.87
5Y Avg
8.97
Market Cap
$998.69M
Quick Ratio (Acid-Test)
8.42
TTM Avg
11.89
3Y Avg
15.48
5Y Avg
17.00
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pacira BioSciences, Inc. (PCRX) | $973.93M | 3.94 | 3.25 | 3.36 | 3.12 |
| Latigo Biotherapeutics Inc. (LTGO)vs › | $978.09M | N/A | N/A | N/A | N/A |
| MeiraGTx Holdings plc (MGTX)vs › | $981.66M | 3.76 | 1.39 | 1.76 | 2.46 |
| LB Pharmaceuticals Inc Common Stock (LBRX)vs › | $982.46M | 15.08 | 22.50 | 27.08 | 27.08 |
| Vor Biopharma Inc. (VOR)vs › | $992.14M | 19.15 | 11.70 | 12.62 | 12.74 |
| Aktis Oncology, Inc. (AKTS)vs › | $953.81M | 16.33 | 11.68 | 16.13 | 16.13 |
| Savara Inc. (SVRA)vs › | $952.91M | 10.13 | 12.79 | 15.72 | 14.10 |
| PROCEPT BioRobotics Corporation (PRCT)vs › | $996.65M | 5.35 | 6.89 | 6.87 | 8.97 |
| Cullinan Therapeutics, Inc. (CGEM)vs › | $998.69M | 8.42 | 11.89 | 15.48 | 17.00 |
| Immatics N.V. (IMTX)vs › | $1.01B | 7.54 | 10.49 | 6.85 | 5.34 |
Quick Ratio
3.94
Excludes inventory
Current Ratio
5.04
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 | 3.94 |
| 2026-03-31 | 3.35 |
| 2025-12-31 | 3.28 |
| 2025-09-30 | 3.78 |
| 2025-06-30 | 1.91 |
| 2025-03-31 | 1.99 |
| 2024-12-31 | 2.00 |
| 2024-09-30 | 1.89 |
| 2024-06-30 | 5.70 |
| 2024-03-31 | 4.78 |
| 2023-12-31 | 4.17 |
| 2023-09-30 | 3.74 |
| 2023-06-30 | 3.10 |
| 2023-03-31 | 2.87 |
| 2022-12-31 | 2.72 |
| 2022-09-30 | 3.32 |
| 2022-06-30 | 3.20 |
| 2022-03-31 | 1.85 |
| 2021-12-31 | 1.47 |
| 2021-09-30 | 3.34 |
| 2021-06-30 | 3.18 |
| 2021-03-31 | 2.83 |
| 2020-12-31 | 2.32 |
| 2020-09-30 | 6.84 |
| 2020-06-30 | 5.51 |
| 2020-03-31 | 4.63 |
| 2019-12-31 | 3.25 |
| 2019-09-30 | 3.32 |
| 2019-06-30 | 4.12 |
| 2019-03-31 | 7.83 |
| 2018-12-31 | 7.08 |
| 2018-09-30 | 7.83 |
| 2018-06-30 | 7.79 |
| 2018-03-31 | 7.83 |
| 2017-12-31 | 6.22 |
| 2017-09-30 | 6.24 |
| 2017-06-30 | 7.26 |
| 2017-03-31 | 9.15 |
| 2016-12-31 | 4.72 |
| 2016-09-30 | 1.35 |
| 2016-06-30 | 1.31 |
| 2016-03-31 | 1.27 |
| 2015-12-31 | 1.26 |
| 2015-09-30 | 1.22 |
| 2015-06-30 | 1.24 |
| 2015-03-31 | 1.34 |
| 2014-12-31 | 1.32 |
| 2014-09-30 | 1.30 |
| 2014-06-30 | 1.46 |
| 2014-03-31 | 0.68 |
| 2013-12-31 | 0.75 |
| 2013-09-30 | 0.82 |
| 2013-06-30 | 6.77 |
| 2013-03-31 | 9.31 |
| 2012-12-31 | 3.45 |
| 2012-09-30 | 3.69 |
| 2012-06-30 | 5.96 |
| 2012-03-31 | 2.98 |
| 2011-12-31 | 2.55 |
| 2011-09-30 | 2.34 |
| 2011-06-30 | 2.96 |
| 2011-03-31 | 3.17 |
| 2010-12-31 | 1.80 |
| 2010-09-30 | 1.40 |
| 2010-06-30 | 1.25 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.75 |
| 2009-09-30 | 0.00 |