FOCUS UNIVERSAL INC. Quarterly Quick Ratio in % from Q3 2016 to Q3 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
Focus Universal Inc. quarterly Quick Ratio history and growth rate from Q3 2016 to Q3 2024.
  • Focus Universal Inc. Quick Ratio for the quarter ending September 30, 2024 was 19.3 %, a 20.1% increase year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2024 19.3 +3.23 +20.1% Sep 30, 2024
Q2 2024 16 +8.63 +117% Jun 30, 2024
Q1 2024 17.8 +11 +161% Mar 31, 2024
Q4 2023 19.5 +13.8 +243% Dec 31, 2023
Q3 2023 16.1 +11.3 +235% Sep 30, 2023
Q2 2023 7.37 +0.27 +3.8% Jun 30, 2023
Q1 2023 6.84 +2.37 +53% Mar 31, 2023
Q4 2022 5.69 +2.57 +82.4% Dec 31, 2022
Q3 2022 4.78 +0.82 +20.7% Sep 30, 2022
Q2 2022 7.1 +0.61 +9.4% Jun 30, 2022
Q1 2022 4.47 -5.51 -55.2% Mar 31, 2022
Q4 2021 3.12 -11.6 -78.8% Dec 31, 2021
Q3 2021 3.96 -12.8 -76.4% Sep 30, 2021
Q2 2021 6.49 -11.5 -64% Jun 30, 2021
Q1 2021 9.99 -8.08 -44.7% Mar 31, 2021
Q4 2020 14.7 -2.6 -15.1% Dec 31, 2020
Q3 2020 16.8 -3.73 -18.2% Sep 30, 2020
Q2 2020 18 -2.26 -11.1% Jun 30, 2020
Q1 2020 18.1 -1.85 -9.29% Mar 31, 2020
Q4 2019 17.3 -1.73 -9.1% Dec 31, 2019
Q3 2019 20.5 +6.02 +41.6% Sep 30, 2019
Q2 2019 20.3 +6.84 +50.9% Jun 30, 2019
Q1 2019 19.9 +6.25 +45.7% Mar 31, 2019
Q4 2018 19 +3.34 +21.3% Dec 31, 2018
Q3 2018 14.5 -2.71 -15.8% Sep 30, 2018
Q2 2018 13.4 -3.61 -21.2% Jun 30, 2018
Q1 2018 13.7 -2.43 -15.1% Mar 31, 2018
Q4 2017 15.7 +0.94 +6.39% Dec 31, 2017
Q3 2017 17.2 +4.36 +34% Sep 30, 2017
Q2 2017 17.1 Jun 30, 2017
Q1 2017 16.1 Mar 31, 2017
Q4 2016 14.7 Dec 31, 2016
Q3 2016 12.8 Sep 30, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.