Quick Ratio of Societal CDMO, Inc. from 31 Mar 2016 to 31 Dec 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
Societal CDMO, Inc. quarterly Quick Ratio in % history and change rate from 31 Mar 2016 to 31 Dec 2023.
  • Societal CDMO, Inc. Quick Ratio for the quarter ending 31 Dec 2023 was 43%, a 31% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Societal CDMO, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q4 2023 43% -19% -31% 31 Dec 2023
Q3 2023 56% -8% -12% 30 Sep 2023
Q2 2023 58% -7.8% -12% 30 Jun 2023
Q1 2023 57% -19% -25% 31 Mar 2023
Q4 2022 61% -18% -23% 31 Dec 2022
Q3 2022 64% -46% -42% 30 Sep 2022
Q2 2022 66% -44% -40% 30 Jun 2022
Q1 2022 76% -23% -23% 31 Mar 2022
Q4 2021 79% -25% -24% 31 Dec 2021
Q3 2021 110% -4.9% -4.2% 30 Sep 2021
Q2 2021 110% -23% -17% 30 Jun 2021
Q1 2021 99% -45% -31% 31 Mar 2021
Q4 2020 104% +11% +12% 31 Dec 2020
Q3 2020 115% +57% +97% 30 Sep 2020
Q2 2020 133% +97% +276% 30 Jun 2020
Q1 2020 144% +119% +476% 31 Mar 2020
Q4 2019 93% +70% +314% 31 Dec 2019
Q3 2019 59% +39% +200% 30 Sep 2019
Q2 2019 35% +15% +74% 30 Jun 2019
Q1 2019 25% +0.41% +1.7% 31 Mar 2019
Q4 2018 22% -7% -24% 31 Dec 2018
Q3 2018 20% -20% -51% 30 Sep 2018
Q2 2018 20% -43% -68% 30 Jun 2018
Q1 2018 25% -38% -61% 31 Mar 2018
Q4 2017 29% -34% -53% 31 Dec 2017
Q3 2017 40% -33% -45% 30 Sep 2017
Q2 2017 63% +3.6% +6.1% 30 Jun 2017
Q1 2017 63% +1.4% +2.3% 31 Mar 2017
Q4 2016 63% 31 Dec 2016
Q3 2016 73% 30 Sep 2016
Q2 2016 60% 30 Jun 2016
Q1 2016 61% 31 Mar 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.