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 4.31 is in line with its 5-year average of 4.31, around the middle of its 5-year range (3.02–5.82).
As of the fiscal period ended Tuesday, June 30, 2026. 16.46% below its 12-month average of 5.16.
Reported quarterly quick ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 4.31.
QUICK RATIO (ACID-TEST)
4.31
QUICK RATIO (ACID-TEST) AVG TTM
5.16
QUICK RATIO (ACID-TEST) AVG 3Y
5.15
QUICK RATIO (ACID-TEST) AVG 5Y
4.31
QUICK RATIO (ACID-TEST) AVG 10Y
3.66
QUICK RATIO (ACID-TEST) AVG 15Y
2.89
QUICK RATIO (ACID-TEST) AVG 20Y
2.45
CURRENT VS TTM AVG
-16.46%
CURRENT VS 3Y AVG
-16.29%
CURRENT VS 5Y AVG
+0.02%
CURRENT VS 10Y AVG
+17.58%
CURRENT VS 15Y AVG
+49.07%
CURRENT VS 20Y AVG
+75.88%
SECTOR MEDIAN · TECHNOLOGY
1.59
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
+170.99%
vs the sector median at left
Tower Semiconductor Ltd.
Market Cap
$24.43B
Quick Ratio (Acid-Test)
4.31
TTM Avg
5.16
3Y Avg
5.15
5Y Avg
4.31
Market Cap
$25.18B
Quick Ratio (Acid-Test)
2.07
TTM Avg
2.66
3Y Avg
2.13
5Y Avg
1.71
Market Cap
$25.21B
Quick Ratio (Acid-Test)
1.74
TTM Avg
1.76
3Y Avg
1.60
5Y Avg
1.47
Market Cap
$23.17B
Quick Ratio (Acid-Test)
1.01
TTM Avg
0.97
3Y Avg
0.85
5Y Avg
0.74
Market Cap
$25.94B
Quick Ratio (Acid-Test)
0.59
TTM Avg
0.46
3Y Avg
0.67
5Y Avg
0.85
Market Cap
$26.22B
Quick Ratio (Acid-Test)
2.18
TTM Avg
2.21
3Y Avg
2.21
5Y Avg
2.15
Market Cap
$26.27B
Quick Ratio (Acid-Test)
1.50
TTM Avg
1.26
3Y Avg
1.25
5Y Avg
1.25
| NAME | MARKET CAP | QUICK RATIO (ACID-TEST) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tower Semiconductor Ltd. (TSEM) | $24.43B | 4.31 | 5.16 | 5.15 | 4.31 |
| Super Micro Computer, Inc. (SMCI)vs › | $25.18B | 2.07 | 2.66 | 2.13 | 1.71 |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $25.21B | 1.74 | 1.76 | 1.60 | 1.47 |
| Verisk Analytics, Inc. (VRSK)vs › | $23.17B | 1.01 | 0.97 | 0.85 | 0.74 |
| VeriSign, Inc. (VRSN)vs › | $25.94B | 0.59 | 0.46 | 0.67 | 0.85 |
| Fiserv, Inc. (FISV)vs › | $25.94B | 1.04 | 1.04 | 1.04 | 1.04 |
| F5, Inc. (FFIV)vs › | $22.83B | 1.59 | 1.42 | 1.24 | 1.24 |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.22B | 2.18 | 2.21 | 2.21 | 2.15 |
| Qnity Electronics, Inc. (Q)vs › | $26.27B | 1.50 | 1.26 | 1.25 | 1.25 |
| Corpay, Inc. (CPAY)vs › | $26.54B | 0.97 | 0.99 | 1.01 | 1.01 |
Quick Ratio
4.31
Excludes inventory
Current Ratio
4.91
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 | 4.31 |
| 2026-03-31 | 4.92 |
| 2025-12-31 | 5.51 |
| 2025-09-30 | 5.54 |
| 2025-06-30 | 5.50 |
| 2025-03-31 | 5.82 |
| 2024-12-31 | 5.23 |
| 2024-09-30 | 4.89 |
| 2024-06-30 | 4.94 |
| 2024-03-31 | 4.46 |
| 2023-12-31 | 5.15 |
| 2023-09-30 | 5.47 |
| 2023-06-30 | 3.68 |
| 2023-03-31 | 3.18 |
| 2022-12-31 | 3.08 |
| 2022-09-30 | 3.04 |
| 2022-06-30 | 3.09 |
| 2022-03-31 | 3.11 |
| 2021-12-31 | 3.48 |
| 2021-09-30 | 3.02 |
| 2021-06-30 | 3.02 |
| 2021-03-31 | 3.30 |
| 2020-12-31 | 3.31 |
| 2020-09-30 | 3.30 |
| 2020-06-30 | 2.83 |
| 2020-03-31 | 3.11 |
| 2019-12-31 | 3.54 |
| 2019-09-30 | 3.70 |
| 2019-06-30 | 3.99 |
| 2019-03-31 | 3.73 |
| 2018-12-31 | 4.01 |
| 2018-09-30 | 3.27 |
| 2018-06-30 | 2.58 |
| 2018-03-31 | 2.43 |
| 2017-12-31 | 2.42 |
| 2017-09-30 | 2.85 |
| 2017-06-30 | 2.63 |
| 2017-03-31 | 2.49 |
| 2016-12-31 | 2.27 |
| 2016-09-30 | 2.06 |
| 2016-06-30 | 1.95 |
| 2016-03-31 | 1.52 |
| 2015-12-31 | 1.62 |
| 2015-09-30 | 1.22 |
| 2015-06-30 | 1.21 |
| 2015-03-31 | 1.32 |
| 2014-12-31 | 1.02 |
| 2014-09-30 | 1.23 |
| 2014-06-30 | 1.12 |
| 2014-03-31 | 1.37 |
| 2013-12-31 | 1.61 |
| 2013-09-30 | 1.59 |
| 2013-06-30 | 1.59 |
| 2013-03-31 | 1.55 |
| 2012-12-31 | 1.38 |
| 2012-09-30 | 1.26 |
| 2012-06-30 | 1.35 |
| 2012-03-31 | 1.30 |
| 2011-12-31 | 0.86 |
| 2011-09-30 | 1.00 |
| 2011-06-30 | 0.93 |
| 2011-03-31 | 1.15 |
| 2010-12-31 | 1.12 |
| 2010-09-30 | 1.11 |
| 2010-06-30 | 1.29 |
| 2010-03-31 | 1.51 |
| 2009-12-31 | 1.39 |
| 2009-09-30 | 1.31 |
| 2009-06-30 | 1.10 |
| 2009-03-31 | 1.11 |
| 2008-12-31 | 0.85 |
| 2008-09-30 | 0.79 |
| 2008-06-30 | 0.66 |
| 2008-03-31 | 0.86 |
| 2007-12-31 | 1.25 |
| 2007-09-30 | 1.48 |
| 2007-06-30 | 0.84 |
| 2007-03-31 | 1.02 |
| 2006-12-31 | 0.95 |
| 2006-09-30 | 1.25 |
| 2006-06-30 | 1.08 |
| 2006-03-31 | 0.93 |
| 2005-12-31 | 0.68 |
| 2005-09-30 | 0.66 |
| 2005-06-30 | 0.83 |
| 2005-03-31 | 1.07 |
| 2004-12-31 | 1.50 |
| 2004-09-30 | 1.48 |
| 2004-06-30 | 1.71 |
| 2004-03-31 | 2.35 |
| 2003-12-31 | 1.62 |
| 2003-09-30 | 0.43 |
| 2003-06-30 | 0.51 |
| 2003-03-31 | 0.80 |
| 2002-12-31 | 1.13 |
| 2002-09-30 | 1.21 |