Societal CDMO, Inc. Quarterly Quick Ratio in % from Q1 2016 to Q4 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 history and growth rate from Q1 2016 to Q4 2023.
  • Societal CDMO, Inc. Quick Ratio for the quarter ending December 31, 2023 was 42.5 %, a 30.7% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q4 2023 42.5 -18.8 -30.7% Dec 31, 2023
Q3 2023 56.5 -7.96 -12.4% Sep 30, 2023
Q2 2023 58.2 -7.79 -11.8% Jun 30, 2023
Q1 2023 56.9 -19.3 -25.3% Mar 31, 2023
Q4 2022 61.3 -17.9 -22.6% Dec 31, 2022
Q3 2022 64.4 -45.8 -41.6% Sep 30, 2022
Q2 2022 66 -43.9 -39.9% Jun 30, 2022
Q1 2022 76.1 -23.3 -23.4% Mar 31, 2022
Q4 2021 79.3 -24.9 -23.9% Dec 31, 2021
Q3 2021 110 -4.86 -4.22% Sep 30, 2021
Q2 2021 110 -22.9 -17.2% Jun 30, 2021
Q1 2021 99.4 -44.7 -31% Mar 31, 2021
Q4 2020 104 +11.5 +12.4% Dec 31, 2020
Q3 2020 115 +56.6 +96.6% Sep 30, 2020
Q2 2020 133 +97.5 +276% Jun 30, 2020
Q1 2020 144 +119 +476% Mar 31, 2020
Q4 2019 92.6 +70.3 +314% Dec 31, 2019
Q3 2019 58.6 +39 +200% Sep 30, 2019
Q2 2019 35.3 +15 +74.2% Jun 30, 2019
Q1 2019 25 +0.41 +1.67% Mar 31, 2019
Q4 2018 22.3 -7.03 -23.9% Dec 31, 2018
Q3 2018 19.5 -20.4 -51.1% Sep 30, 2018
Q2 2018 20.3 -43.1 -68% Jun 30, 2018
Q1 2018 24.6 -38 -60.7% Mar 31, 2018
Q4 2017 29.4 -33.5 -53.3% Dec 31, 2017
Q3 2017 39.9 -32.9 -45.2% Sep 30, 2017
Q2 2017 63.3 +3.63 +6.08% Jun 30, 2017
Q1 2017 62.6 +1.41 +2.3% Mar 31, 2017
Q4 2016 62.9 Dec 31, 2016
Q3 2016 72.7 Sep 30, 2016
Q2 2016 59.7 Jun 30, 2016
Q1 2016 61.2 Mar 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.