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PDDPDD Holdings Inc.

Quick Ratio (Acid-Test): 2.54

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 Friday, June 26, 2026. 5.93% above its 12-month average of 2.39.

Quick Ratio

PDD Quick Ratio

2.54

Reported quarterly quick ratio; no daily interpolation.

+37.56% 5Y
PDD Quick Ratio (Acid-Test)

PDD Average Quick Ratio (Acid-Test) Chart

PDD Quick Ratio (Acid-Test)

PDD Current vs Average Quick Ratio (Acid-Test) Chart

PDD Quick Ratio (Acid-Test) Metrics

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

PDD Competitors' Quick Ratio (Acid-Test)

NAMEMARKET CAPQUICK RATIO (ACID-TEST)TTM3Y5Y
PDD Holdings Inc. (PDD)$104.33B2.542.392.162.06
Marriott International, Inc. (MAR)vs ›$99.91B0.430.420.430.46
Starbucks Corporation (SBUX)vs ›$117.57B0.510.540.550.67
BYD Company Limited (BYDDY)vs ›$87.85B0.500.510.490.57
Royal Caribbean Cruises Ltd. (RCL)vs ›$86.53B0.160.150.210.37
Lowe's Companies, Inc. (LOW)vs ›$124.44B0.190.170.160.18
Airbnb, Inc. (ABNB)vs ›$84.21B1.381.531.651.71
MercadoLibre, Inc. (MELI)vs ›$82.09B1.151.171.211.28
Hilton Worldwide Holdings Inc. (HLT)vs ›$77.53B10.815.753.272.62
Carvana Co. (CVNA)vs ›$72.62B2.732.581.911.69

Liquidity Comparison

Quick Ratio

2.54

Excludes inventory

Current Ratio

2.45

Includes inventory

Quick Ratio (Acid-Test) Formula & Definition

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

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for PDD Holdings Inc. (PDD)?
The quick ratio (acid-test) for PDD stock is 2.54.
Is PDD Holdings Inc.'s 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).
What is the TTM average quick ratio (acid-test) for PDD Holdings Inc. (PDD)?
The TTM average quick ratio (acid-test) for PDD stock is 2.39.
What is the 3Y average quick ratio (acid-test) for PDD Holdings Inc. (PDD)?
The 3Y average quick ratio (acid-test) for PDD stock is 2.16.
What is the 5Y average quick ratio (acid-test) for PDD Holdings Inc. (PDD)?
The 5Y average quick ratio (acid-test) for PDD stock is 2.06.

PDD Quick Ratio (Acid-Test) History

DATEQUICK RATIO (ACID-TEST)
2026-03-312.54
2025-12-312.45
2025-09-302.36
2025-06-302.36
2025-03-312.27
2024-12-312.20
2024-09-302.15
2024-06-302.11
2024-03-312.09
2023-12-311.93
2023-09-301.83
2023-06-301.91
2023-03-311.94
2022-12-311.85
2022-09-302.27
2022-06-302.05
2022-03-311.89
2021-12-311.72
2021-09-301.82
2021-06-301.84
2021-03-311.76
2020-12-311.76
2020-09-301.38
2020-06-301.55
2020-03-311.50
2019-12-311.60
2019-09-301.85
2019-06-301.77
2019-03-311.90
2018-12-311.66
2018-09-302.11
2018-06-301.47
2018-03-311.56
2017-12-311.08
2017-09-300.00
2017-06-300.00
2017-03-310.00

About PDD Holdings Inc.

PDD Holdings Inc., a multinational commerce group that owns and operates a portfolio of businesses. It operates Pinduoduo platform which provides various product categories, including agricultural produce, apparel, shoes, bags, mother and childcare products, food and beverages, consumer electronics, electronic appliances, furniture and household goods, cosmetics and other personal care items, sports and fitness, and auto accessories; and Temu, an online platform, which enables merchants to streamline their manufacturing and commercial operations. The company was formerly known as Pinduoduo Inc. and changed its name to PDD Holdings Inc. in February 2023. PDD Holdings Inc. was incorporated in 2015 and is based in Dublin, Ireland.

Dublin
23,465 employees
Consumer Cyclical / Software - Services
Sector
Consumer Cyclical
Industry
Software - Services
CEO
Lei Chen