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 0.70 is 38% below its 5-year average of 1.12, near the low end of its 5-year range (0.70–1.43).
As of the fiscal period ended Tuesday, March 31, 2026. 34.27% below its 12-month average of 1.07.
Reported quarterly quick ratio; no daily interpolation.
QUICK RATIO (ACID-TEST)
0.70
QUICK RATIO (ACID-TEST) AVG TTM
1.07
QUICK RATIO (ACID-TEST) AVG 3Y
1.22
QUICK RATIO (ACID-TEST) AVG 5Y
1.19
QUICK RATIO (ACID-TEST) AVG 10Y
1.43
QUICK RATIO (ACID-TEST) AVG 15Y
N/A
QUICK RATIO (ACID-TEST) AVG 20Y
N/A
CURRENT VS TTM AVG
-34.27%
CURRENT VS 3Y AVG
-42.67%
CURRENT VS 5Y AVG
-40.96%
CURRENT VS 10Y AVG
-50.82%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.58
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-55.55%
vs the sector median at left
Atlassian Corporation
Market Cap
$22.82B
Quick Ratio (Acid-Test)
0.70
TTM Avg
1.07
3Y Avg
1.22
5Y Avg
1.19
Market Cap
$21.79B
Quick Ratio (Acid-Test)
2.20
TTM Avg
2.00
3Y Avg
2.42
5Y Avg
2.61
Market Cap
$21.54B
Quick Ratio (Acid-Test)
2.34
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlassian Corporation (TEAM) | $22.82B | 0.70 | 1.07 | 1.22 | 1.19 |
| Okta, Inc. (OKTA)vs › | $23.01B | 1.36 | 1.35 | 1.65 | 1.81 |
| Zscaler, Inc. (ZS)vs › | $23.01B | 2.01 | 1.55 | 1.74 | 2.21 |
| MKS Inc. (MKSI)vs › | $22.23B | 1.71 | 1.88 | 1.92 | 2.43 |
| F5, Inc. (FFIV)vs › | $22.13B | 1.49 | 1.42 | 1.24 | 1.24 |
| HP Inc. (HPQ)vs › | $23.55B | 0.48 | 0.46 | 0.46 | 0.48 |
| First Solar, Inc. (FSLR)vs › | $21.79B | 2.20 | 2.00 | 2.42 | 2.61 |
| MongoDB, Inc. (MDB)vs › | $23.99B | 4.65 | 4.93 | 4.51 | 4.21 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $21.54B | 2.34 | 2.21 | 2.21 | 2.15 |
| Fidelity National Information Services, Inc. (FIS)vs › | $21.46B | 0.59 | 0.72 | 0.74 | 0.75 |
Quick Ratio
0.70
Excludes inventory
Current Ratio
1.22
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) |
|---|---|
| 2026-03-31 | 0.70 |
| 2025-12-31 | 0.89 |
| 2025-09-30 | 1.26 |
| 2025-06-30 | 1.22 |
| 2025-03-31 | 1.26 |
| 2024-12-31 | 1.24 |
| 2024-09-30 | 1.18 |
| 2024-06-30 | 1.18 |
| 2024-03-31 | 1.18 |
| 2023-12-31 | 1.07 |
| 2023-09-30 | 1.43 |
| 2023-06-30 | 1.35 |
| 2023-03-31 | 1.31 |
| 2022-12-31 | 1.30 |
| 2022-09-30 | 1.25 |
| 2022-06-30 | 1.19 |
| 2022-03-31 | 1.19 |
| 2021-12-31 | 1.08 |
| 2021-09-30 | 0.84 |
| 2021-06-30 | 0.70 |
| 2021-03-31 | 0.78 |
| 2020-12-31 | 0.73 |
| 2020-09-30 | 0.88 |
| 2020-06-30 | 0.88 |
| 2020-03-31 | 0.97 |
| 2019-12-31 | 1.02 |
| 2019-09-30 | 0.93 |
| 2019-06-30 | 0.88 |
| 2019-03-31 | 3.34 |
| 2018-12-31 | 3.44 |
| 2018-09-30 | 4.17 |
| 2018-06-30 | 4.10 |
| 2018-03-31 | 2.02 |
| 2017-12-31 | 2.02 |
| 2017-09-30 | 1.95 |
| 2017-06-30 | 1.87 |
| 2017-03-31 | 1.83 |
| 2016-12-31 | 3.27 |
| 2016-09-30 | 3.36 |
| 2016-06-30 | 3.29 |
| 2016-03-31 | 3.45 |
| 2015-12-31 | 3.74 |
| 2015-09-30 | 1.38 |
| 2015-06-30 | 1.27 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |