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 4.70 is 42% below its 5-year average of 8.08, near the low end of its 5-year range (4.70–19.97).
As of the fiscal period ended Tuesday, June 30, 2026. 55.97% below its 12-month average of 10.68.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.70.
QUICK RATIO (ACID-TEST)
4.70
QUICK RATIO (ACID-TEST) AVG TTM
10.68
QUICK RATIO (ACID-TEST) AVG 3Y
9.41
QUICK RATIO (ACID-TEST) AVG 5Y
8.08
QUICK RATIO (ACID-TEST) AVG 10Y
5.09
QUICK RATIO (ACID-TEST) AVG 15Y
6.03
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-55.97%
CURRENT VS 3Y AVG
-50.04%
CURRENT VS 5Y AVG
-41.79%
CURRENT VS 10Y AVG
-7.64%
CURRENT VS 15Y AVG
-21.98%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
3.28
median of 794 covered companies
CURRENT VS SECTOR MEDIAN
+43.32%
vs the sector median at left
Pulmatrix, Inc.
Market Cap
$5.41M
Quick Ratio (Acid-Test)
4.70
TTM Avg
10.68
3Y Avg
9.41
5Y Avg
8.08
Market Cap
$5.37M
Quick Ratio (Acid-Test)
1.35
TTM Avg
1.00
3Y Avg
0.98
5Y Avg
1.86
Market Cap
$5.37M
Quick Ratio (Acid-Test)
2.77
TTM Avg
2.10
3Y Avg
1.65
5Y Avg
2.34
Market Cap
$5.30M
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.06
3Y Avg
0.46
5Y Avg
2.58
Market Cap
$5.25M
Quick Ratio (Acid-Test)
3.01
TTM Avg
3.95
3Y Avg
2.52
5Y Avg
4.28
Market Cap
$5.20M
Quick Ratio (Acid-Test)
0.09
TTM Avg
0.18
3Y Avg
0.40
5Y Avg
0.95
Market Cap
$5.18M
Quick Ratio (Acid-Test)
1.84
TTM Avg
1.72
3Y Avg
1.97
5Y Avg
1.97
Market Cap
$5.16M
Quick Ratio (Acid-Test)
1.12
TTM Avg
0.07
3Y Avg
0.07
5Y Avg
0.12
Market Cap
$5.61M
Quick Ratio (Acid-Test)
3.88
TTM Avg
2.19
3Y Avg
2.86
5Y Avg
5.66
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pulmatrix, Inc. (PULM) | $5.41M | 4.70 | 10.68 | 9.41 | 8.08 |
| Intelligent Bio Solutions Inc. (INBS)vs › | $5.37M | 1.35 | 1.00 | 0.98 | 1.86 |
| Soligenix, Inc. (SNGX)vs › | $5.37M | 2.77 | 2.10 | 1.65 | 2.34 |
| Lunai Bioworks Inc. (LNAI)vs › | $5.30M | 0.19 | 0.06 | 0.46 | 2.58 |
| Alzamend Neuro Inc (ALZN)vs › | $5.25M | 3.01 | 3.95 | 2.52 | 4.28 |
| Gelteq Limited Ordinary Shares (GELS)vs › | $5.20M | 0.09 | 0.18 | 0.40 | 0.95 |
| Basel Medical Group Ltd Ordinary Shares (BMGL)vs › | $5.18M | 1.84 | 1.72 | 1.97 | 1.97 |
| Liminatus Pharma, Inc. Class A Common Stock (LIMN)vs › | $5.16M | 1.12 | 0.07 | 0.07 | 0.12 |
| Acurx Pharmaceuticals, Inc. (ACXP)vs › | $5.61M | 3.88 | 2.19 | 2.86 | 5.66 |
| Cuprina Holdings (Cayman) Limited Class A Ordinary Shares (CUPR)vs › | $5.70M | 2.35 | 1.31 | 0.84 | 0.78 |
Quick Ratio
4.70
Excludes inventory
Current Ratio
4.70
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 | 4.70 |
| 2026-03-31 | 4.96 |
| 2025-12-31 | 12.55 |
| 2025-09-30 | 19.97 |
| 2025-06-30 | 11.21 |
| 2025-03-31 | 8.90 |
| 2024-12-31 | 10.68 |
| 2024-09-30 | 19.40 |
| 2024-06-30 | 6.33 |
| 2024-03-31 | 5.59 |
| 2023-12-31 | 5.33 |
| 2023-09-30 | 5.10 |
| 2023-06-30 | 7.61 |
| 2023-03-31 | 6.93 |
| 2022-12-31 | 7.57 |
| 2022-09-30 | 6.84 |
| 2022-06-30 | 8.19 |
| 2022-03-31 | 9.41 |
| 2021-12-31 | 12.21 |
| 2021-09-30 | 10.61 |
| 2021-06-30 | 8.74 |
| 2021-03-31 | 9.10 |
| 2020-12-31 | 3.86 |
| 2020-09-30 | 3.51 |
| 2020-06-30 | 1.99 |
| 2020-03-31 | 1.51 |
| 2019-12-31 | 1.83 |
| 2019-09-30 | 2.46 |
| 2019-06-30 | 2.58 |
| 2019-03-31 | 0.89 |
| 2018-12-31 | 1.14 |
| 2018-09-30 | 1.29 |
| 2018-06-30 | 2.37 |
| 2018-03-31 | 0.33 |
| 2017-12-31 | 0.73 |
| 2017-09-30 | 1.16 |
| 2017-06-30 | 1.99 |
| 2017-03-31 | 2.53 |
| 2016-12-31 | 1.02 |
| 2016-09-30 | 2.03 |
| 2016-06-30 | 2.74 |
| 2016-03-31 | 3.79 |
| 2015-12-31 | 5.68 |
| 2015-09-30 | 9.44 |
| 2015-06-30 | 19.61 |
| 2015-03-31 | 16.57 |
| 2014-12-31 | 20.47 |
| 2014-09-30 | 22.90 |
| 2014-06-30 | 26.63 |
| 2014-03-31 | 16.45 |
| 2013-12-31 | 0.14 |
| 2013-09-30 | 0.22 |
| 2013-06-30 | 0.17 |
| 2013-03-31 | 0.99 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |