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

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
Lexaria Bioscience Corp. quarterly Quick Ratio in % 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 0.96%, a 94% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Lexaria Bioscience Corp. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q3 2023 0.96% -16% -94% 31 Aug 2023
Q2 2023 3.2% -14% -81% 31 May 2023
Q1 2023 11% -7.4% -41% 28 Feb 2023
Q4 2022 14% -10% -42% 30 Nov 2022
Q3 2022 17% -17% -50% 31 Aug 2022
Q2 2022 17% -23% -57% 31 May 2022
Q1 2022 18% -35% -66% 28 Feb 2022
Q4 2021 24% -56% -70% 30 Nov 2021
Q3 2021 34% -66% -66% 31 Aug 2021
Q2 2021 40% -71% -64% 31 May 2021
Q1 2021 54% -59% -52% 28 Feb 2021
Q4 2020 80% +21% +37% 30 Nov 2020
Q3 2020 99% +42% +74% 31 Aug 2020
Q2 2020 111% +48% +78% 31 May 2020
Q1 2020 112% +60% +116% 29 Feb 2020
Q4 2019 59% -50% -46% 30 Nov 2019
Q3 2019 57% -51% -47% 31 Aug 2019
Q2 2019 62% -24% -28% 31 May 2019
Q1 2019 52% -61% -54% 28 Feb 2019
Q4 2018 109% +35% +47% 30 Nov 2018
Q3 2018 108% +56% +107% 31 Aug 2018
Q2 2018 86% +43% +98% 31 May 2018
Q1 2018 113% +78% +219% 28 Feb 2018
Q4 2017 74% +38% +103% 30 Nov 2017
Q3 2017 52% 31 Aug 2017
Q2 2017 44% 31 May 2017
Q1 2017 35% 28 Feb 2017
Q4 2016 36% 30 Nov 2016
Q3 2015 36% 31 Aug 2015
Q2 2015 9.7% 31 May 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.