Quick Ratio of TREVENA INC from 31 Mar 2022 to 30 Sep 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
TREVENA INC quarterly Quick Ratio in % history and change rate from 31 Mar 2022 to 30 Sep 2023.
TREVENA INC Quick Ratio for the quarter ending 30 Sep 2023 was 12%, a 52% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)
TREVENA INC Quarterly Quick Ratio (%)
Period
Value
YoY Chg
Change %
Date
Q3 2023
12%
-12%
-52%
30 Sep 2023
Q2 2023
10%
-17%
-62%
30 Jun 2023
Q1 2023
16%
-2.7%
-15%
31 Mar 2023
Q4 2022
20%
31 Dec 2022
Q3 2022
24%
30 Sep 2022
Q2 2022
27%
30 Jun 2022
Q1 2022
18%
31 Mar 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.
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