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 2.71 is 45% below its 5-year average of 4.93, near the low end of its 5-year range (2.71–9.23).
As of the fiscal period ended Tuesday, June 30, 2026. 8.19% below its 12-month average of 2.95.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.71.
QUICK RATIO (ACID-TEST)
2.71
QUICK RATIO (ACID-TEST) AVG TTM
2.95
QUICK RATIO (ACID-TEST) AVG 3Y
3.83
QUICK RATIO (ACID-TEST) AVG 5Y
4.93
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
-8.19%
CURRENT VS 3Y AVG
-29.28%
CURRENT VS 5Y AVG
-45.05%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.72
median of 601 covered companies
CURRENT VS SECTOR MEDIAN
+57.34%
vs the sector median at left
Schrödinger, Inc.
Market Cap
$2.15B
Quick Ratio (Acid-Test)
2.71
TTM Avg
2.95
3Y Avg
3.83
5Y Avg
4.93
Market Cap
$2.17B
Quick Ratio (Acid-Test)
2.07
TTM Avg
1.44
3Y Avg
1.46
5Y Avg
1.38
Market Cap
$2.06B
Quick Ratio (Acid-Test)
1.47
TTM Avg
1.44
3Y Avg
1.48
5Y Avg
1.58
Market Cap
$2.06B
Quick Ratio (Acid-Test)
16.10
TTM Avg
5.69
3Y Avg
3.57
5Y Avg
2.72
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Schrödinger, Inc. (SDGR) | $2.15B | 2.71 | 2.95 | 3.83 | 4.93 |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.17B | 2.07 | 1.44 | 1.46 | 1.38 |
| Innodata Inc. (INOD)vs › | $2.19B | 1.73 | 2.37 | 1.82 | 1.77 |
| Asana, Inc. (ASAN)vs › | $2.21B | 0.92 | 1.31 | 1.60 | 1.79 |
| nCino, Inc. (NCNO)vs › | $2.09B | 0.85 | 1.10 | 1.09 | 1.54 |
| Sonos, Inc. (SONO)vs › | $2.06B | 1.18 | 0.91 | 0.86 | 1.05 |
| GigaCloud Technology Inc. (GCT)vs › | $2.06B | 1.47 | 1.44 | 1.48 | 1.58 |
| Keel Infrastructure Corp. (KEEL)vs › | $2.06B | 16.10 | 5.69 | 3.57 | 2.72 |
| nLIGHT, Inc. (LASR)vs › | $2.25B | 7.29 | 3.78 | 4.36 | 4.24 |
| PDF Solutions, Inc. (PDFS)vs › | $2.28B | 3.45 | 2.84 | 3.22 | 3.63 |
Quick Ratio
2.71
Excludes inventory
Current Ratio
2.71
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 | 2.71 |
| 2026-03-31 | 2.74 |
| 2025-12-31 | 2.75 |
| 2025-09-30 | 3.25 |
| 2025-06-30 | 3.30 |
| 2025-03-31 | 3.45 |
| 2024-12-31 | 3.31 |
| 2024-09-30 | 4.11 |
| 2024-06-30 | 4.50 |
| 2024-03-31 | 4.64 |
| 2023-12-31 | 4.25 |
| 2023-09-30 | 5.21 |
| 2023-06-30 | 5.54 |
| 2023-03-31 | 4.89 |
| 2022-12-31 | 4.91 |
| 2022-09-30 | 5.90 |
| 2022-06-30 | 6.51 |
| 2022-03-31 | 6.85 |
| 2021-12-31 | 6.85 |
| 2021-09-30 | 8.53 |
| 2021-06-30 | 9.23 |
| 2021-03-31 | 9.99 |
| 2020-12-31 | 9.33 |
| 2020-09-30 | 15.81 |
| 2020-06-30 | 7.13 |
| 2020-03-31 | 7.42 |
| 2019-12-31 | 2.63 |
| 2019-09-30 | 3.08 |
| 2019-06-30 | 3.37 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 3.88 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
