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 0.19 is in line with its 5-year average of 0.20, near the low end of its 5-year range (0.14–1.04).
As of the fiscal period ended Tuesday, June 30, 2026. 6.62% above its 12-month average of 0.17.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.19.
QUICK RATIO (ACID-TEST)
0.19
QUICK RATIO (ACID-TEST) AVG TTM
0.17
QUICK RATIO (ACID-TEST) AVG 3Y
0.17
QUICK RATIO (ACID-TEST) AVG 5Y
0.20
QUICK RATIO (ACID-TEST) AVG 10Y
0.19
QUICK RATIO (ACID-TEST) AVG 15Y
0.19
QUICK RATIO (ACID-TEST) AVG 20Y
0.23
CURRENT VS TTM AVG
+6.62%
CURRENT VS 3Y AVG
+11.88%
CURRENT VS 5Y AVG
-9.11%
CURRENT VS 10Y AVG
-1.39%
CURRENT VS 15Y AVG
-4.17%
CURRENT VS 20Y AVG
-20.23%
SECTOR MEDIAN · CONSUMER CYCLICAL
0.89
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
-79.00%
vs the sector median at left
Royal Caribbean Cruises Ltd.
Market Cap
$61.77B
Quick Ratio (Acid-Test)
0.19
TTM Avg
0.17
3Y Avg
0.17
5Y Avg
0.20
Market Cap
$69.14B
Quick Ratio (Acid-Test)
0.65
TTM Avg
0.68
3Y Avg
0.73
5Y Avg
0.93
Market Cap
$71.19B
Quick Ratio (Acid-Test)
0.13
TTM Avg
0.10
3Y Avg
0.11
5Y Avg
0.12
Market Cap
$51.66B
Quick Ratio (Acid-Test)
0.93
TTM Avg
0.98
3Y Avg
1.02
5Y Avg
1.04
Market Cap
$75.06B
Quick Ratio (Acid-Test)
0.98
TTM Avg
1.06
3Y Avg
1.18
5Y Avg
1.21
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Royal Caribbean Cruises Ltd. (RCL) | $61.77B | 0.19 | 0.17 | 0.17 | 0.20 |
| Sea Limited (SE)vs › | $62.01B | 1.48 | 1.52 | 1.57 | 1.72 |
| Hilton Worldwide Holdings Inc. (HLT)vs › | $69.14B | 0.65 | 0.68 | 0.73 | 0.93 |
| Carvana Co. (CVNA)vs › | $70.15B | 2.33 | 2.58 | 1.91 | 1.69 |
| NIKE, Inc. (NKE)vs › | $53.35B | 1.36 | 1.43 | 1.59 | 1.70 |
| O'Reilly Automotive, Inc. (ORLY)vs › | $71.19B | 0.13 | 0.10 | 0.11 | 0.12 |
| Ford Motor Company (F)vs › | $51.66B | 0.93 | 0.98 | 1.02 | 1.04 |
| Ferrari N.V. (RACE)vs › | $72.66B | 1.81 | 2.10 | 2.14 | 1.96 |
| Ross Stores, Inc. (ROST)vs › | $75.06B | 0.98 | 1.06 | 1.18 | 1.21 |
| eBay Inc. (EBAY)vs › | $48.44B | 1.02 | 1.17 | 1.74 | 1.79 |
Quick Ratio
0.19
Excludes inventory
Current Ratio
0.21
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 | 0.19 |
| 2026-03-31 | 0.17 |
| 2025-12-31 | 0.16 |
| 2025-09-30 | 0.14 |
| 2025-06-30 | 0.21 |
| 2025-03-31 | 0.15 |
| 2024-12-31 | 0.15 |
| 2024-09-30 | 0.16 |
| 2024-06-30 | 0.17 |
| 2024-03-31 | 0.16 |
| 2023-12-31 | 0.16 |
| 2023-09-30 | 0.17 |
| 2023-06-30 | 0.18 |
| 2023-03-31 | 0.23 |
| 2022-12-31 | 0.35 |
| 2022-09-30 | 0.27 |
| 2022-06-30 | 0.28 |
| 2022-03-31 | 0.37 |
| 2021-12-31 | 0.47 |
| 2021-09-30 | 0.77 |
| 2021-06-30 | 1.04 |
| 2021-03-31 | 1.67 |
| 2020-12-31 | 0.92 |
| 2020-09-30 | 0.73 |
| 2020-06-30 | 0.96 |
| 2020-03-31 | 0.49 |
| 2019-12-31 | 0.13 |
| 2019-09-30 | 0.15 |
| 2019-06-30 | 0.15 |
| 2019-03-31 | 0.14 |
| 2018-12-31 | 0.15 |
| 2018-09-30 | 0.17 |
| 2018-06-30 | 0.18 |
| 2018-03-31 | 0.18 |
| 2017-12-31 | 0.16 |
| 2017-09-30 | 0.13 |
| 2017-06-30 | 0.12 |
| 2017-03-31 | 0.12 |
| 2016-12-31 | 0.14 |
| 2016-09-30 | 0.15 |
| 2016-06-30 | 0.17 |
| 2016-03-31 | 0.18 |
| 2015-12-31 | 0.17 |
| 2015-09-30 | 0.18 |
| 2015-06-30 | 0.16 |
| 2015-03-31 | 0.19 |
| 2014-12-31 | 0.18 |
| 2014-09-30 | 0.19 |
| 2014-06-30 | 0.24 |
| 2014-03-31 | 0.26 |
| 2013-12-31 | 0.19 |
| 2013-09-30 | 0.18 |
| 2013-06-30 | 0.17 |
| 2013-03-31 | 0.16 |
| 2012-12-31 | 0.18 |
| 2012-09-30 | 0.23 |
| 2012-06-30 | 0.21 |
| 2012-03-31 | 0.31 |
| 2011-12-31 | 0.27 |
| 2011-09-30 | 0.34 |
| 2011-06-30 | 0.36 |
| 2011-03-31 | 0.36 |
| 2010-12-31 | 0.26 |
| 2010-09-30 | 0.27 |
| 2010-06-30 | 0.23 |
| 2010-03-31 | 0.24 |
| 2009-12-31 | 0.33 |
| 2009-09-30 | 0.33 |
| 2009-06-30 | 0.28 |
| 2009-03-31 | 0.33 |
| 2008-12-31 | 0.33 |
| 2008-09-30 | 0.37 |
| 2008-06-30 | 0.40 |
| 2008-03-31 | 0.49 |
| 2007-12-31 | 0.38 |
| 2007-09-30 | 0.38 |
| 2007-06-30 | 0.25 |
| 2007-03-31 | 0.26 |
| 2006-12-31 | 0.23 |
| 2006-09-30 | 0.25 |
| 2006-06-30 | 0.26 |
| 2006-03-31 | 0.24 |
| 2005-12-31 | 0.16 |
| 2005-09-30 | 0.20 |
| 2005-06-30 | 0.25 |
| 2005-03-31 | 0.27 |
| 2004-12-31 | 0.35 |
| 2004-09-30 | 0.40 |
| 2004-06-30 | 0.35 |
| 2004-03-31 | 0.46 |
| 2003-12-31 | 0.35 |
| 2003-09-30 | 0.40 |
| 2003-06-30 | 0.56 |
| 2003-03-31 | 0.32 |
| 2002-12-31 | 0.35 |
| 2002-09-30 | 0.71 |
