Target Corporation (TGT) Quick Ratio (Acid-Test): 0.36
Is Target Corporation’s quick ratio (acid-test) high or low?
Target Corporation's quick ratio (acid-test) of 0.36 is 17% above its 5-year average of 0.31, near the high end of its 5-year range (0.22–0.36).
The quick ratio (acid-test) for Target Corporation (TGT) is 0.36 as of Wednesday, June 10, 2026. It is above its 12-month average by 5.88% (0.34).
TGT Quick Ratio (Acid-Test) Chart
TGT Average Quick Ratio (Acid-Test) Chart
TGT Current vs Average Quick Ratio (Acid-Test) Chart
TGT Quick Ratio (Acid-Test) Metrics
QUICK RATIO (ACID-TEST)
0.36
QUICK RATIO (ACID-TEST) AVG TTM
0.34
QUICK RATIO (ACID-TEST) AVG 3Y
0.32
QUICK RATIO (ACID-TEST) AVG 5Y
0.31
QUICK RATIO (ACID-TEST) AVG 10Y
0.31
QUICK RATIO (ACID-TEST) AVG 15Y
0.36
QUICK RATIO (ACID-TEST) AVG 20Y
0.51
CURRENT VS TTM AVG
+5.88%
CURRENT VS 3Y AVG
+11.34%
CURRENT VS 5Y AVG
+16.88%
CURRENT VS 10Y AVG
+16.13%
CURRENT VS 15Y AVG
-1.10%
CURRENT VS 20Y AVG
-29.62%
TGT Competitors' Quick Ratio (Acid-Test)
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Target Corporation (TGT) | $57.99B | 0.36 | 0.34 | 0.32 | 0.31 |
| Colgate-Palmolive Company (CL) | $71.39B | 0.64 | 0.61 | 0.67 | 0.66 |
| Keurig Dr Pepper Inc. (KDP) | $43.78B | 0.43 | 0.38 | 0.33 | 0.31 |
| The Kroger Co. (KR) | $39.49B | 0.42 | 0.47 | 0.43 | 0.39 |
| Sysco Corporation (SYY) | $37.68B | 0.70 | 0.69 | 0.70 | 0.75 |
| Kimberly-Clark Corporation (KMB) | $33.79B | 0.54 | 0.54 | 0.52 | 0.52 |
| Kellanova (K) | $29.03B | 0.56 | 0.48 | 0.45 | 0.45 |
| Monster Beverage Corporation (MNST) | $88.90B | 3.15 | 2.90 | 3.40 | 3.60 |
| Constellation Brands, Inc. (STZ) | $24.31B | 0.55 | 0.56 | 0.55 | 0.70 |
| Dollar General Corporation (DG) | $24.02B | 0.22 | 0.21 | 0.18 | 0.17 |
Liquidity Comparison
Quick Ratio
0.36
Excludes inventory
Current Ratio
0.94
Includes inventory
Target Corporation Quick Ratio (Acid-Test) Formula & Definition
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
Target Corporation Quick Ratio (Acid-Test) FAQ
- What is the quick ratio (acid-test) for Target Corporation (TGT)?
- The quick ratio (acid-test) for TGT stock is 0.36.
- Is Target Corporation's quick ratio (acid-test) high or low?
- Target Corporation's quick ratio (acid-test) of 0.36 is 17% above its 5-year average of 0.31, near the high end of its 5-year range (0.22–0.36).
- What is the TTM average quick ratio (acid-test) for Target Corporation (TGT)?
- The TTM average quick ratio (acid-test) for TGT stock is 0.34.
- What is the 3Y average quick ratio (acid-test) for Target Corporation (TGT)?
- The 3Y average quick ratio (acid-test) for TGT stock is 0.32.
- What is the 5Y average quick ratio (acid-test) for Target Corporation (TGT)?
- The 5Y average quick ratio (acid-test) for TGT stock is 0.31.
- What is the 10Y average quick ratio (acid-test) for Target Corporation (TGT)?
- The 10Y average quick ratio (acid-test) for TGT stock is 0.31.
- What is the 15Y average quick ratio (acid-test) for Target Corporation (TGT)?
- The 15Y average quick ratio (acid-test) for TGT stock is 0.36.
- What is the 20Y average quick ratio (acid-test) for Target Corporation (TGT)?
- The 20Y average quick ratio (acid-test) for TGT stock is 0.51.
Target Corporation Quick Ratio (Acid-Test) History
| DATE | QUICK RATIO (ACID-TEST) |
|---|---|
| 2026-01-31 | 0.36 |
| 2025-02-01 | 0.32 |
| 2024-02-03 | 0.29 |
| 2023-01-28 | 0.22 |
| 2022-01-29 | 0.35 |
| 2021-01-30 | 0.50 |
| 2020-02-01 | 0.27 |
| 2019-02-02 | 0.20 |
| 2018-02-03 | 0.30 |
| 2017-01-28 | 0.29 |
| 2016-01-30 | 0.44 |
| 2015-01-31 | 0.46 |
| 2014-02-01 | 0.26 |
| 2013-02-02 | 0.60 |
| 2012-01-28 | 0.60 |
| 2011-01-29 | 0.96 |
| 2010-01-30 | 0.99 |
| 2009-01-31 | 1.03 |
| 2008-02-02 | 1.03 |
| 2007-02-03 | 0.76 |
| 2006-01-28 | 0.89 |
| 2005-01-29 | 1.04 |
| 2004-01-31 | 1.01 |
| 2003-02-01 | 0.95 |
| 2002-02-02 | 0.74 |
| 2001-02-03 | 0.49 |
| 2000-01-29 | 0.46 |
| 1999-01-30 | 0.50 |
| 1998-01-31 | 0.51 |
| 1997-02-01 | 0.59 |
Related Metrics
About Target Corporation
Target Corporation operates as a prominent general merchandise retailer throughout the United States. Its extensive product range includes a wide array of food items like perishables, dry groceries, dairy, and frozen goods, alongside apparel, accessories, home décor, electronics, toys, seasonal offerings, and essential beauty and household products. Beyond merchandise, Target stores often feature convenient in-store amenities such as Target Café, Target Optical, Starbucks outlets, and various other food service options. The company facilitates sales through its physical retail locations and its digital platform, Target.com. As of March 9, 2022, Target maintained a network of approximately 2,000 stores. Founded in 1902, the corporation's headquarters are situated in Minneapolis, Minnesota.
- Sector
- Consumer Defensive
- Industry
- Discount Stores
- CEO
- Michael J. Fiddelke