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.