NORTHERN TECHNOLOGIES INTERNATIONAL CORP Quarterly Quick Ratio in % from Q2 2012 to Q2 2024

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
Northern Technologies International Corp quarterly Quick Ratio history and growth rate from Q2 2012 to Q2 2024.
  • Northern Technologies International Corp Quick Ratio for the quarter ending May 31, 2024 was 84.8 %, a 12% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 84.8 -11.6 -12% May 31, 2024
Q1 2024 85.1 -12.9 -13.2% Feb 29, 2024
Q4 2023 85.6 -13.4 -13.5% Nov 30, 2023
Q3 2023 91.7 -5.94 -6.09% Aug 31, 2023
Q2 2023 96.3 -7.86 -7.55% May 31, 2023
Q1 2023 98 -17 -14.8% Feb 28, 2023
Q4 2022 98.9 -28 -22.1% Nov 30, 2022
Q3 2022 97.6 -40.7 -29.4% Aug 31, 2022
Q2 2022 104 -45.2 -30.2% May 31, 2022
Q1 2022 115 -55.1 -32.4% Feb 28, 2022
Q4 2021 127 -53.5 -29.7% Nov 30, 2021
Q3 2021 138 -52.5 -27.5% Aug 31, 2021
Q2 2021 149 -26.7 -15.2% May 31, 2021
Q1 2021 170 +13.2 +8.38% Feb 28, 2021
Q4 2020 180 +23.5 +15% Nov 30, 2020
Q3 2020 191 +34.8 +22.3% Aug 31, 2020
Q2 2020 176 +24.4 +16.1% May 31, 2020
Q1 2020 157 +8.76 +5.91% Feb 29, 2020
Q4 2019 157 +17.5 +12.5% Nov 30, 2019
Q3 2019 156 +23.1 +17.4% Aug 31, 2019
Q2 2019 152 +9.98 +7.04% May 31, 2019
Q1 2019 148 +2.33 +1.6% Feb 28, 2019
Q4 2018 139 -13.7 -8.94% Nov 30, 2018
Q3 2018 133 -31.1 -19% Aug 31, 2018
Q2 2018 142 -32 -18.4% May 31, 2018
Q1 2018 146 -33.7 -18.8% Feb 28, 2018
Q4 2017 153 -48.1 -23.9% Nov 30, 2017
Q3 2017 164 -47.3 -22.4% Aug 31, 2017
Q2 2017 174 -40.8 -19% May 31, 2017
Q1 2017 180 -36.8 -17% Feb 28, 2017
Q4 2016 201 -8.36 -3.99% Nov 30, 2016
Q3 2016 211 Aug 31, 2016
Q2 2016 214 May 31, 2016
Q1 2016 216 Feb 29, 2016
Q4 2015 210 Nov 30, 2015
Q2 2012 113 May 31, 2012
* An asterisk sign (*) next to the value indicates that the value is likely invalid.