ADVANCED DRAINAGE SYSTEMS, INC. Quarterly Quick Ratio in % from Q4 2014 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
Advanced Drainage Systems, Inc. quarterly Quick Ratio history and growth rate from Q4 2014 to Q2 2024.
  • Advanced Drainage Systems, Inc. Quick Ratio for the quarter ending June 30, 2024 was 98.5 %, a 13.8% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 98.5 -15.8 -13.8% Jun 30, 2024
Q1 2024 99.6 -12.1 -10.9% Mar 31, 2024
Q4 2023 103 -9.4 -8.34% Dec 31, 2023
Q3 2023 109 -4.32 -3.81% Sep 30, 2023
Q2 2023 114 +2.25 +2.01% Jun 30, 2023
Q1 2023 112 +2.9 +2.67% Mar 31, 2023
Q4 2022 113 +11.4 +11.3% Dec 31, 2022
Q3 2022 113 +22.1 +24.1% Sep 30, 2022
Q2 2022 112 +26.9 +31.6% Jun 30, 2022
Q1 2022 109 +20.7 +23.5% Mar 31, 2022
Q4 2021 101 +8.19 +8.8% Dec 31, 2021
Q3 2021 91.4 -9.02 -8.98% Sep 30, 2021
Q2 2021 85.1 -22.4 -20.8% Jun 30, 2021
Q1 2021 88.1 -20 -18.5% Mar 31, 2021
Q4 2020 93.1 -16.9 -15.4% Dec 31, 2020
Q3 2020 100 -11.9 -10.6% Sep 30, 2020
Q2 2020 107 -7.36 -6.41% Jun 30, 2020
Q1 2020 108 -11.7 -9.78% Mar 31, 2020
Q4 2019 110 -7.75 -6.58% Dec 31, 2019
Q3 2019 112 -0.83 -0.73% Sep 30, 2019
Q2 2019 115 +6.13 +5.64% Jun 30, 2019
Q1 2019 120 +10.6 +9.72% Mar 31, 2019
Q4 2018 118 +13.2 +12.6% Dec 31, 2018
Q3 2018 113 +9.93 +9.62% Sep 30, 2018
Q2 2018 109 +5.94 +5.78% Jun 30, 2018
Q1 2018 109 +11.1 +11.3% Mar 31, 2018
Q4 2017 105 +8.9 +9.31% Dec 31, 2017
Q3 2017 103 +11.5 +12.5% Sep 30, 2017
Q2 2017 103 +12.9 +14.4% Jun 30, 2017
Q1 2017 98.2 +5.07 +5.44% Mar 31, 2017
Q4 2016 95.6 -4.44 -4.44% Dec 31, 2016
Q3 2016 91.7 -17.8 -16.3% Sep 30, 2016
Q2 2016 89.8 -27.6 -23.5% Jun 30, 2016
Q1 2016 93.1 -27.9 -23.1% Mar 31, 2016
Q4 2015 100 -25.6 -20.3% Dec 31, 2015
Q3 2015 110 Sep 30, 2015
Q2 2015 117 Jun 30, 2015
Q1 2015 121 Mar 31, 2015
Q4 2014 126 Dec 31, 2014
* An asterisk sign (*) next to the value indicates that the value is likely invalid.