Quick Ratio of Arch Therapeutics, Inc. from 30 Jun 2020 to 30 Jun 2024

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
Arch Therapeutics, Inc. quarterly Quick Ratio in % history and change rate from 30 Jun 2020 to 30 Jun 2024.
  • Arch Therapeutics, Inc. Quick Ratio for the quarter ending 30 Jun 2024 was 11%, a 51% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Arch Therapeutics, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q2 2024 11% -12% -51% 30 Jun 2024
Q1 2024 13% -22% -63% 31 Mar 2024
Q4 2023 14% -40% -74% 31 Dec 2023
Q3 2023 18% -42% -70% 30 Sep 2023
Q2 2023 23% -47% -67% 30 Jun 2023
Q1 2023 34% -31% -48% 31 Mar 2023
Q4 2022 55% -2.1% -3.7% 31 Dec 2022
Q3 2022 61% -6% -9.1% 30 Sep 2022
Q2 2022 70% -9.9% -12% 30 Jun 2022
Q1 2022 66% -37% -36% 31 Mar 2022
Q4 2021 57% -89% -61% 31 Dec 2021
Q3 2021 67% -51% -43% 30 Sep 2021
Q2 2021 80% -11% -13% 30 Jun 2021
Q1 2021 102% 31 Mar 2021
Q4 2020 146% 31 Dec 2020
Q3 2020 118% 30 Sep 2020
Q2 2020 91% 30 Jun 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.