Quick Ratio of PALATIN TECHNOLOGIES INC from 31 Mar 2021 to 30 Jun 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
PALATIN TECHNOLOGIES INC quarterly Quick Ratio in % 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 3.7%, a 27% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

PALATIN TECHNOLOGIES INC Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q2 2024 3.7% -1.4% -27% 30 Jun 2024
Q1 2024 4.4% -1.4% -24% 31 Mar 2024
Q4 2023 5.3% -1.2% -18% 31 Dec 2023
Q3 2023 6.8% 0% 0% 30 Sep 2023
Q2 2023 5.1% -2.9% -36% 30 Jun 2023
Q1 2023 5.8% -3.7% -39% 31 Mar 2023
Q4 2022 6.5% -15% -70% 31 Dec 2022
Q3 2022 6.8% -32% -82% 30 Sep 2022
Q2 2022 8% -39% -83% 30 Jun 2022
Q1 2022 9.5% -43% -82% 31 Mar 2022
Q4 2021 21% 31 Dec 2021
Q3 2021 38% 30 Sep 2021
Q2 2021 47% 30 Jun 2021
Q1 2021 53% 31 Mar 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.