BASANITE, INC. Quarterly Quick Ratio in % from Q3 2016 to Q1 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
Basanite, Inc. quarterly Quick Ratio history and growth rate from Q3 2016 to Q1 2023.
  • Basanite, Inc. Quick Ratio for the quarter ending March 31, 2023 was 2.12 %, a 85.7% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q1 2023 2.12 -12.7 -85.7% Mar 31, 2023
Q4 2022 4.37 -12.4 -73.8% Dec 31, 2022
Q3 2022 7.9 -9.07 -53.4% Sep 30, 2022
Q2 2022 11.1 -3.11 -21.9% Jun 30, 2022
Q1 2022 14.8 +3.39 +29.6% Mar 31, 2022
Q4 2021 16.7 +8 +91.7% Dec 31, 2021
Q3 2021 17 +10.7 +170% Sep 30, 2021
Q2 2021 14.2 +7.84 +124% Jun 30, 2021
Q1 2021 11.4 +4.71 +70% Mar 31, 2021
Q4 2020 8.72 +2.54 +41.1% Dec 31, 2020
Q3 2020 6.29 +1.28 +25.6% Sep 30, 2020
Q2 2020 6.34 +0.24 +3.93% Jun 30, 2020
Q1 2020 6.73 -0.4 -5.61% Mar 31, 2020
Q4 2019 6.18 -3.25 -34.4% Dec 31, 2019
Q3 2019 5.01 -7.58 -60.2% Sep 30, 2019
Q2 2019 6.11 -7.6 -55.5% Jun 30, 2019
Q1 2019 7.13 -7.39 -50.9% Mar 31, 2019
Q4 2018 9.44 -6.07 -39.1% Dec 31, 2018
Q3 2018 12.6 +1.05 +9.1% Sep 30, 2018
Q2 2018 13.7 +5.25 +62.1% Jun 30, 2018
Q1 2018 14.5 +8.81 +154% Mar 31, 2018
Q4 2017 15.5 +13.5 +656% Dec 31, 2017
Q3 2017 11.5 +8.31 +257% Sep 30, 2017
Q2 2017 8.45 Jun 30, 2017
Q1 2017 5.71 Mar 31, 2017
Q4 2016 2.05 Dec 31, 2016
Q3 2016 3.23 Sep 30, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.