Quick Ratio of Resonate Blends, Inc. from 31 Dec 2021 to 30 Sep 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
Resonate Blends, Inc. quarterly Quick Ratio in % history and change rate from 31 Dec 2021 to 30 Sep 2023.
  • Resonate Blends, Inc. Quick Ratio for the quarter ending 30 Sep 2023 was 5.1%, a 32% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Resonate Blends, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q3 2023 5.1% -2.4% -32% 30 Sep 2023
Q2 2023 7.4% +1.4% +23% 30 Jun 2023
Q1 2023 8.8% +4.1% +89% 31 Mar 2023
Q4 2022 8.8% +4.3% +96% 31 Dec 2022
Q3 2022 7.5% 30 Sep 2022
Q2 2022 6% 30 Jun 2022
Q1 2022 4.6% 31 Mar 2022
Q4 2021 4.5% 31 Dec 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.