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 0.89 is 644% above its 5-year average of 0.12, near the high end of its 5-year range (0.05–1.05).
As of the fiscal period ended Tuesday, June 30, 2026. 9.97% above its 12-month average of 0.81.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.89.
QUICK RATIO (ACID-TEST)
0.89
QUICK RATIO (ACID-TEST) AVG TTM
0.81
QUICK RATIO (ACID-TEST) AVG 3Y
0.40
QUICK RATIO (ACID-TEST) AVG 5Y
0.12
QUICK RATIO (ACID-TEST) AVG 10Y
0.09
QUICK RATIO (ACID-TEST) AVG 15Y
0.27
QUICK RATIO (ACID-TEST) AVG 20Y
0.18
CURRENT VS TTM AVG
+9.97%
CURRENT VS 3Y AVG
+122.27%
CURRENT VS 5Y AVG
+644.43%
CURRENT VS 10Y AVG
+890.36%
CURRENT VS 15Y AVG
+233.85%
CURRENT VS 20Y AVG
+406.25%
SECTOR MEDIAN · HEALTHCARE
3.35
median of 870 covered companies
CURRENT VS SECTOR MEDIAN
-73.54%
vs the sector median at left
SANUWAVE Health Inc.
Market Cap
$44.71M
Quick Ratio (Acid-Test)
0.89
TTM Avg
0.81
3Y Avg
0.40
5Y Avg
0.12
Market Cap
$44.72M
Quick Ratio (Acid-Test)
2.91
TTM Avg
4.54
3Y Avg
5.51
5Y Avg
8.87
Market Cap
$44.02M
Quick Ratio (Acid-Test)
1.92
TTM Avg
2.71
3Y Avg
2.94
5Y Avg
3.18
Market Cap
$45.73M
Quick Ratio (Acid-Test)
0.08
TTM Avg
0.22
3Y Avg
0.27
5Y Avg
0.92
Market Cap
$42.83M
Quick Ratio (Acid-Test)
2.59
TTM Avg
4.64
3Y Avg
4.51
5Y Avg
11.47
Market Cap
$46.69M
Quick Ratio (Acid-Test)
21.67
TTM Avg
27.64
3Y Avg
19.68
5Y Avg
18.08
Market Cap
$42.72M
Quick Ratio (Acid-Test)
1.51
TTM Avg
2.91
3Y Avg
4.32
5Y Avg
5.30
Market Cap
$42.26M
Quick Ratio (Acid-Test)
2.08
TTM Avg
2.23
3Y Avg
2.23
5Y Avg
2.23
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| SANUWAVE Health Inc. (SNWV) | $44.71M | 0.89 | 0.81 | 0.40 | 0.12 |
| Werewolf Therapeutics, Inc. (HOWL)vs › | $44.72M | 2.91 | 4.54 | 5.51 | 8.87 |
| DarioHealth Corp. (DRIO)vs › | $44.02M | 1.92 | 2.71 | 2.94 | 3.18 |
| Celularity Inc. (CELU)vs › | $45.73M | 0.08 | 0.22 | 0.27 | 0.92 |
| CVRx, Inc. (CVRX)vs › | $42.99M | 6.87 | 8.83 | 11.21 | 12.90 |
| Nano-X Imaging Ltd. (NNOX)vs › | $42.83M | 2.59 | 4.64 | 4.51 | 11.47 |
| Instil Bio, Inc. (TIL)vs › | $46.69M | 21.67 | 27.64 | 19.68 | 18.08 |
| Rapid Micro Biosystems, Inc. (RPID)vs › | $42.72M | 1.51 | 2.91 | 4.32 | 5.30 |
| Filana Therapeutics, Inc. (FLNA)vs › | $42.26M | 2.08 | 2.23 | 2.23 | 2.23 |
| BioStem Technologies, Inc. (BSEM)vs › | $41.95M | 0.76 | 2.59 | 1.53 | 1.04 |
Quick Ratio
0.89
Excludes inventory
Current Ratio
1.28
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 | 0.89 |
| 2026-03-31 | 0.99 |
| 2025-12-31 | 1.05 |
| 2025-09-30 | 0.81 |
| 2025-06-30 | 0.31 |
| 2025-03-31 | 0.28 |
| 2024-12-31 | 0.34 |
| 2024-09-30 | 0.08 |
| 2024-06-30 | 0.10 |
| 2024-03-31 | 0.12 |
| 2023-12-31 | 0.11 |
| 2023-09-30 | 0.07 |
| 2023-06-30 | 0.07 |
| 2023-03-31 | 0.05 |
| 2022-12-31 | 0.10 |
| 2022-09-30 | 0.10 |
| 2022-06-30 | 0.09 |
| 2022-03-31 | 0.05 |
| 2021-12-31 | 0.06 |
| 2021-09-30 | 0.07 |
| 2021-06-30 | 0.06 |
| 2021-03-31 | 0.06 |
| 2020-12-31 | 0.14 |
| 2020-09-30 | 0.38 |
| 2020-06-30 | 0.05 |
| 2020-03-31 | 0.13 |
| 2019-12-31 | 0.16 |
| 2019-09-30 | 0.05 |
| 2019-06-30 | 0.03 |
| 2019-03-31 | 0.03 |
| 2018-12-31 | 0.04 |
| 2018-09-30 | 0.03 |
| 2018-06-30 | 0.06 |
| 2018-03-31 | 0.04 |
| 2017-12-31 | 0.09 |
| 2017-09-30 | 0.03 |
| 2017-06-30 | 0.04 |
| 2017-03-31 | 0.08 |
| 2016-12-31 | 0.09 |
| 2016-09-30 | 0.55 |
| 2016-06-30 | 0.21 |
| 2016-03-31 | 0.12 |
| 2015-12-31 | 0.24 |
| 2015-09-30 | 0.63 |
| 2015-06-30 | 1.28 |
| 2015-03-31 | 0.43 |
| 2014-12-31 | 0.61 |
| 2014-09-30 | 0.78 |
| 2014-06-30 | 6.64 |
| 2014-03-31 | 5.04 |
| 2013-12-31 | 0.17 |
| 2013-09-30 | 0.20 |
| 2013-06-30 | 0.03 |
| 2013-03-31 | 0.11 |
| 2012-12-31 | 0.10 |
| 2012-09-30 | 0.27 |
| 2012-06-30 | 0.72 |
| 2012-03-31 | 1.18 |
| 2011-12-31 | 1.80 |
| 2011-09-30 | 2.41 |
| 2011-06-30 | 2.90 |
| 2011-03-31 | 0.34 |
| 2010-12-31 | 0.08 |
| 2010-09-30 | 0.06 |
| 2010-06-30 | 0.12 |
| 2010-03-31 | 0.34 |
| 2009-12-31 | 0.73 |
| 2009-09-30 | 1.37 |
| 2009-06-30 | 0.01 |
| 2009-03-31 | 0.05 |
| 2008-12-31 | 0.04 |
| 2008-09-30 | 0.04 |
| 2008-06-30 | 0.10 |
| 2008-03-31 | 0.05 |
| 2007-12-31 | 0.10 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
