Quick Ratio snapshot
Apple's quick ratio was 0.86 in FY2025, compared with 0.83 in FY2024. On a trailing-twelve-month basis it was 1.02 as of Q2 FY26. The quick ratio is current assets excluding inventory, divided by current liabilities. It is a stricter liquidity test that counts only assets readily convertible to cash.
Quick Ratio (latest FY)
0.86
Quick Ratio (TTM)
1.02
Current ratio (latest FY)
0.89
Cash ratio (latest FY)
0.22
Apple Quick Ratio
(Current assets − inventory) ÷ current liabilities
Quick Ratio vs. related metrics
Apple Quick Ratio — by fiscal year
| Fiscal year | Quick ratio | Current ratio | Cash ratio |
|---|---|---|---|
| FY2025 | 0.86 | 0.89 | 0.22 |
| FY2024 | 0.83 | 0.87 | 0.17 |
| FY2023 | 0.94 | 0.99 | 0.21 |
| FY2022 | 0.85 | 0.88 | 0.15 |
| FY2021 | 1.02 | 1.07 | 0.28 |
| FY2020 | 1.33 | 1.36 | 0.36 |
| FY2019 | 1.50 | 1.54 | 0.46 |
| FY2018 | 1.10 | 1.13 | 0.22 |
| FY2017 | 1.23 | 1.28 | 0.20 |
| FY2016 | 1.33 | 1.35 | 0.26 |
| FY2015 | 1.08 | 1.11 | 0.26 |
| FY2014 | 1.05 | 1.08 | 0.22 |
| FY2013 | 1.64 | 1.68 | 0.33 |
| FY2012 | 1.48 | 1.50 | 0.28 |
| FY2011 | 1.58 | 1.61 | 0.35 |
| FY2010 | 1.96 | 2.01 | 0.54 |
| FY2009 | 2.70 | 2.74 | 0.46 |
| FY2008 | 2.26 | 2.29 | 0.84 |
| FY2007 | — | — | — |
| FY2006 | — | — | — |
By quarter (trailing-twelve-month basis)
| Quarter | Quick ratio | Current ratio | Cash ratio |
|---|---|---|---|
| Q2 FY26 | 1.02 | 1.07 | 0.34 |
| Q1 FY26 | 0.94 | 0.97 | 0.28 |
| Q4 FY25 | 0.86 | 0.89 | 0.22 |
| Q3 FY25 | 0.83 | 0.87 | 0.26 |
| Q2 FY25 | 0.78 | 0.82 | 0.19 |
| Q1 FY25 | 0.88 | 0.92 | 0.21 |
| Q4 FY24 | 0.83 | 0.87 | 0.17 |
| Q3 FY24 | 0.91 | 0.95 | 0.19 |
| Q2 FY24 | 0.99 | 1.04 | 0.26 |
| Q1 FY24 | 1.02 | 1.07 | 0.30 |
| Q4 FY23 | 0.94 | 0.99 | 0.21 |
| Q3 FY23 | 0.92 | 0.98 | 0.23 |
Figures normalized from SEC filings. See the full Apple ratios & metrics.