Quick Ratio of SHINECO, INC. from 31 Dec 2018 to 31 Mar 2025

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
SHINECO, INC. quarterly Quick Ratio in % history and change rate from 31 Dec 2018 to 31 Mar 2025.
  • SHINECO, INC. Quick Ratio for the quarter ending 31 Mar 2025 was 2.9%, a 35% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

SHINECO, INC. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q1 2025 2.9% -1.6% -35% 31 Mar 2025
Q4 2024 3.8% -17% -82% 31 Dec 2024
Q3 2024 4.1% -40% -91% 30 Sep 2024
Q2 2024 4% -70% -95% 30 Jun 2024
Q1 2024 4.5% -75% -94% 31 Mar 2024
Q4 2023 21% -55% -72% 31 Dec 2023
Q3 2023 44% -28% -39% 30 Sep 2023
Q2 2023 74% +4.6% +6.7% 30 Jun 2023
Q1 2023 80% +18% +30% 31 Mar 2023
Q4 2022 76% +26% +50% 31 Dec 2022
Q3 2022 72% +35% +92% 30 Sep 2022
Q2 2022 69% +50% +271% 30 Jun 2022
Q1 2022 62% +43% +231% 31 Mar 2022
Q4 2021 51% +32% +173% 31 Dec 2021
Q3 2021 38% +18% +95% 30 Sep 2021
Q2 2021 19% +2% +12% 30 Jun 2021
Q1 2021 19% -2% -9.8% 31 Mar 2021
Q4 2020 19% -3.6% -16% 31 Dec 2020
Q3 2020 19% -3.2% -14% 30 Sep 2020
Q2 2020 17% -7.9% -32% 30 Jun 2020
Q1 2020 21% -4.9% -19% 31 Mar 2020
Q4 2019 22% -4.5% -17% 31 Dec 2019
Q3 2019 22% 30 Sep 2019
Q2 2019 24% 30 Jun 2019
Q1 2019 25% 31 Mar 2019
Q4 2018 27% 31 Dec 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.