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
Fomo Worldwide, Inc. quarterly Quick Ratio history and growth rate from Q1 2022 to Q3 2023.
Fomo Worldwide, Inc. Quick Ratio for the quarter ending September 30, 2023 was 4.84 %, a 72.4% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period
Value
YoY Chg
Change %
Date
Q3 2023
4.84
-12.7
-72.4%
Sep 30, 2023
Q2 2023
10.4
-1.58
-13.2%
Jun 30, 2023
Q1 2023
11.3
-2.65
-19%
Mar 31, 2023
Q4 2022
15.6
Dec 31, 2022
Q3 2022
17.6
Sep 30, 2022
Q2 2022
12
Jun 30, 2022
Q1 2022
14
Mar 31, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.
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