WYTEC INTERNATIONAL INC Quarterly Quick Ratio in % from Q3 2020 to Q2 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
Wytec International Inc quarterly Quick Ratio history and growth rate from Q3 2020 to Q2 2024.
  • Wytec International Inc Quick Ratio for the quarter ending June 30, 2024 was 1.42 %, a 43.6% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 1.42 -1.1 -43.6% Jun 30, 2024
Q1 2024 1.88 -0.07 -3.61% Mar 31, 2024
Q4 2023 2.23 +0.99 +79.8% Dec 31, 2023
Q3 2023 2.54 +1.81 +248% Sep 30, 2023
Q2 2023 2.52 +1.92 +319% Jun 30, 2023
Q1 2023 1.94 +1.37 +239% Mar 31, 2023
Q4 2022 1.24 +0.71 +133% Dec 31, 2022
Q3 2022 0.73 +0.58 +389% Sep 30, 2022
Q2 2022 0.6 +0.49 +429% Jun 30, 2022
Q1 2022 0.57 +0.16 +38.6% Mar 31, 2022
Q4 2021 0.53 -0.48 -47.2% Dec 31, 2021
Q3 2021 0.15 -0.94 -86.3% Sep 30, 2021
Q2 2021 0.11 Jun 30, 2021
Q1 2021 0.41 Mar 31, 2021
Q4 2020 1.02 Dec 31, 2020
Q3 2020 1.09 Sep 30, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.