Quick Ratio of Lexaria Bioscience Corp. from 31 May 2015 to 31 Aug 2023

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
Lexaria Bioscience Corp. quarterly Quick Ratio in x history and change rate from 31 May 2015 to 31 Aug 2023.
  • Lexaria Bioscience Corp. Quick Ratio for the quarter ending 31 Aug 2023 was 0.01x, a 94% decline year-over-year.
Quick Ratio, Quarterly (x)
Quick Ratio, YoY Quarterly Change (%)

Lexaria Bioscience Corp. Quarterly Quick Ratio (x)

Period Value YoY Chg Change % Date
Q3 2023 0.01x -0.16x -94% 31 Aug 2023
Q2 2023 0.03x -0.14x -81% 31 May 2023
Q1 2023 0.11x -0.07x -41% 28 Feb 2023
Q4 2022 0.14x -0.1x -41% 30 Nov 2022
Q3 2022 0.17x -0.17x -50% 31 Aug 2022
Q2 2022 0.17x -0.23x -57% 31 May 2022
Q1 2022 0.18x -0.35x -66% 28 Feb 2022
Q4 2021 0.24x -0.56x -70% 30 Nov 2021
Q3 2021 0.34x -0.66x -66% 31 Aug 2021
Q2 2021 0.4x -0.71x -64% 31 May 2021
Q1 2021 0.54x -0.59x -52% 28 Feb 2021
Q4 2020 0.8x +0.21x +37% 30 Nov 2020
Q3 2020 0.99x +0.42x +74% 31 Aug 2020
Q2 2020 1.11x +0.48x +78% 31 May 2020
Q1 2020 1.12x +0.6x +116% 29 Feb 2020
Q4 2019 0.59x -0.5x -46% 30 Nov 2019
Q3 2019 0.57x -0.51x -47% 31 Aug 2019
Q2 2019 0.62x -0.24x -28% 31 May 2019
Q1 2019 0.52x -0.61x -54% 28 Feb 2019
Q4 2018 1.09x +0.35x +47% 30 Nov 2018
Q3 2018 1.08x +0.56x +107% 31 Aug 2018
Q2 2018 0.86x +0.43x +98% 31 May 2018
Q1 2018 1.13x +0.78x +219% 28 Feb 2018
Q4 2017 0.74x +0.38x +103% 30 Nov 2017
Q3 2017 0.52x 31 Aug 2017
Q2 2017 0.44x 31 May 2017
Q1 2017 0.35x 28 Feb 2017
Q4 2016 0.36x 30 Nov 2016
Q3 2015 0.36x 31 Aug 2015
Q2 2015 0.1x 31 May 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.