Quick Ratio of PALATIN TECHNOLOGIES INC from 31 Mar 2021 to 30 Jun 2024

Taxonomy & unit
ratio: x
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
PALATIN TECHNOLOGIES INC quarterly Quick Ratio in x history and change rate from 31 Mar 2021 to 30 Jun 2024.
  • PALATIN TECHNOLOGIES INC Quick Ratio for the quarter ending 30 Jun 2024 was 0.04x, a 27% decline year-over-year.
Quick Ratio, Quarterly (x)
Quick Ratio, YoY Quarterly Change (%)

PALATIN TECHNOLOGIES INC Quarterly Quick Ratio (x)

Period Value YoY Chg Change % Date
Q2 2024 0.04x -0.01x -27% 30 Jun 2024
Q1 2024 0.04x -0.01x -24% 31 Mar 2024
Q4 2023 0.05x -0.01x -18% 31 Dec 2023
Q3 2023 0.07x 0x +0.05% 30 Sep 2023
Q2 2023 0.05x -0.03x -36% 30 Jun 2023
Q1 2023 0.06x -0.04x -39% 31 Mar 2023
Q4 2022 0.06x -0.15x -70% 31 Dec 2022
Q3 2022 0.07x -0.32x -82% 30 Sep 2022
Q2 2022 0.08x -0.39x -83% 30 Jun 2022
Q1 2022 0.09x -0.43x -82% 31 Mar 2022
Q4 2021 0.21x 31 Dec 2021
Q3 2021 0.38x 30 Sep 2021
Q2 2021 0.47x 30 Jun 2021
Q1 2021 0.53x 31 Mar 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.