Quick Ratio of Novo Integrated Sciences, Inc. from 31 May 2022 to 31 Aug 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: Novo Integrated Sciences, Inc. quarterly Quick Ratio in % history and change rate from 31 May 2022 to 31 Aug 2024.
Novo Integrated Sciences, Inc. Quick Ratio for the quarter ending 31 Aug 2024 was 7.4%, a 39% decline year-over-year.

Quick Ratio, Quarterly (%)

Quick Ratio, YoY Quarterly Change (%)

Novo Integrated Sciences, Inc. Quarterly Quick Ratio (%)

Period	Value	YoY Chg	Change %	Date
Q3 2024	7.4%	-4.7%	-39%	31 Aug 2024
Q2 2024	8.6%	-0.99%	-10%	31 May 2024
Q1 2024	12%	+4.6%	+60%	29 Feb 2024
Q4 2023	14%	+8%	+141%	30 Nov 2023
Q3 2023	12%	+8%	+194%	31 Aug 2023
Q2 2023	9.6%	+6.1%	+177%	31 May 2023
Q1 2023	7.6%			28 Feb 2023
Q4 2022	5.6%			30 Nov 2022
Q3 2022	4.1%			31 Aug 2022
Q2 2022	3.5%			31 May 2022

* An asterisk sign (*) next to the value indicates that the value is likely invalid.