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 2.54 is 23% above its 5-year average of 2.06, near the high end of its 5-year range (1.72–2.54).
As of the fiscal period ended Tuesday, March 31, 2026. 5.93% above its 12-month average of 2.39.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
2.54
QUICK RATIO (ACID-TEST) AVG TTM
2.39
QUICK RATIO (ACID-TEST) AVG 3Y
2.16
QUICK RATIO (ACID-TEST) AVG 5Y
2.06
QUICK RATIO (ACID-TEST) AVG 10Y
N/A
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
+5.93%
CURRENT VS 3Y AVG
+17.17%
CURRENT VS 5Y AVG
+22.89%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.90
median of 75 covered companies
CURRENT VS SECTOR MEDIAN
+181.69%
vs the sector median at left
PDD Holdings Inc.
Market Cap
$132.38B
Quick Ratio (Acid-Test)
2.54
TTM Avg
2.39
3Y Avg
2.16
5Y Avg
2.06
Market Cap
$122.70B
Quick Ratio (Acid-Test)
0.18
TTM Avg
0.17
3Y Avg
0.16
5Y Avg
0.18
Market Cap
$119.30B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.54
3Y Avg
0.55
5Y Avg
0.67
Market Cap
$106.93B
Quick Ratio (Acid-Test)
0.48
TTM Avg
0.51
3Y Avg
0.49
5Y Avg
0.57
Market Cap
$164.96B
Quick Ratio (Acid-Test)
N/A
TTM Avg
1.32
3Y Avg
1.45
5Y Avg
1.91
Market Cap
$92.49B
Quick Ratio (Acid-Test)
1.10
TTM Avg
1.17
3Y Avg
1.21
5Y Avg
1.28
Market Cap
$90.86B
Quick Ratio (Acid-Test)
N/A
TTM Avg
0.42
3Y Avg
0.43
5Y Avg
0.46
Market Cap
$175.43B
Quick Ratio (Acid-Test)
0.54
TTM Avg
0.59
3Y Avg
0.62
5Y Avg
0.71
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PDD Holdings Inc. (PDD) | $132.38B | 2.54 | 2.39 | 2.16 | 2.06 |
| Lowe's Companies, Inc. (LOW)vs › | $122.70B | 0.18 | 0.17 | 0.16 | 0.18 |
| Starbucks Corporation (SBUX)vs › | $119.30B | 0.54 | 0.54 | 0.55 | 0.67 |
| Airbnb, Inc. (ABNB)vs › | $109.62B | N/A | 1.53 | 1.65 | 1.71 |
| BYD Company Limited (BYDDY)vs › | $106.93B | 0.48 | 0.51 | 0.49 | 0.57 |
| Booking Holdings Inc. (BKNG)vs › | $164.96B | N/A | 1.32 | 1.45 | 1.91 |
| MercadoLibre, Inc. (MELI)vs › | $92.49B | 1.10 | 1.17 | 1.21 | 1.28 |
| Marriott International, Inc. (MAR)vs › | $90.86B | N/A | 0.42 | 0.43 | 0.46 |
| The TJX Companies, Inc. (TJX)vs › | $175.43B | 0.54 | 0.59 | 0.62 | 0.71 |
| Royal Caribbean Cruises Ltd. (RCL)vs › | $82.60B | 0.19 | 0.15 | 0.21 | 0.37 |
Quick Ratio
2.54
Excludes inventory
Current Ratio
2.54
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) |
|---|---|
| 2026-03-31 | 2.54 |
| 2025-12-31 | 2.45 |
| 2025-09-30 | 2.36 |
| 2025-06-30 | 2.36 |
| 2025-03-31 | 2.27 |
| 2024-12-31 | 2.20 |
| 2024-09-30 | 2.15 |
| 2024-06-30 | 2.11 |
| 2024-03-31 | 2.09 |
| 2023-12-31 | 1.93 |
| 2023-09-30 | 1.83 |
| 2023-06-30 | 1.91 |
| 2023-03-31 | 1.94 |
| 2022-12-31 | 1.85 |
| 2022-09-30 | 2.27 |
| 2022-06-30 | 2.05 |
| 2022-03-31 | 1.89 |
| 2021-12-31 | 1.72 |
| 2021-09-30 | 1.82 |
| 2021-06-30 | 1.84 |
| 2021-03-31 | 1.76 |
| 2020-12-31 | 1.76 |
| 2020-09-30 | 1.38 |
| 2020-06-30 | 1.55 |
| 2020-03-31 | 1.50 |
| 2019-12-31 | 1.60 |
| 2019-09-30 | 1.85 |
| 2019-06-30 | 1.77 |
| 2019-03-31 | 1.90 |
| 2018-12-31 | 1.66 |
| 2018-09-30 | 2.11 |
| 2018-06-30 | 1.47 |
| 2018-03-31 | 1.56 |
| 2017-12-31 | 1.08 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
