Sorrento Therapeutics, Inc. Quarterly Quick Ratio in % from Q3 2019 to Q2 2023

Taxonomy & unit
ratio: %
Description
The acid-test ratio, also called the quick ratio, is a metric used to see if a company is positioned to sell assets within 90 days to meet immediate expenses.
Summary
Sorrento Therapeutics, Inc. quarterly Quick Ratio history and growth rate from Q3 2019 to Q2 2023.
  • Sorrento Therapeutics, Inc. Quick Ratio for the quarter ending June 30, 2023 was 5.09 %, a 30% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2023 5.09 -2.18 -30% Jun 30, 2023
Q1 2023 7.13 +2.8 +64.6% Mar 31, 2023
Q4 2022 7.13 +4.09 +134% Dec 31, 2022
Q3 2022 8.81 +6.67 +312% Sep 30, 2022
Q2 2022 7.27 +5.46 +301% Jun 30, 2022
Q1 2022 4.33 +2.15 +98.6% Mar 31, 2022
Q4 2021 3.04 +0.49 +19.2% Dec 31, 2021
Q3 2021 2.14 -0.69 -24.4% Sep 30, 2021
Q2 2021 1.81 -1.41 -43.8% Jun 30, 2021
Q1 2021 2.18 -1.86 -46.1% Mar 31, 2021
Q4 2020 2.56 -2.01 -44% Dec 31, 2020
Q3 2020 2.83 -2.29 -44.8% Sep 30, 2020
Q2 2020 3.22 Jun 30, 2020
Q1 2020 4.04 Mar 31, 2020
Q4 2019 4.56 Dec 31, 2019
Q3 2019 5.11 Sep 30, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.