Quick Ratio of Fortune Valley Treasures, Inc. from 30 Sep 2018 to 30 Jun 2024
- Taxonomy & unit
- ratio: x
- 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
-
Fortune Valley Treasures, Inc. quarterly Quick Ratio in x history and change rate from 30 Sep 2018 to 30 Jun 2024.
- Fortune Valley Treasures, Inc. Quick Ratio for the quarter ending 30 Jun 2024 was 0.01x, a 78% decline year-over-year.
Quick Ratio, Quarterly (x)
Quick Ratio, YoY Quarterly Change (%)
Fortune Valley Treasures, Inc. Quarterly Quick Ratio (x)
| Period | Value | YoY Chg | Change % | Date |
|---|---|---|---|---|
| Q2 2024 | 0.01x | -0.04x | -78% | 30 Jun 2024 |
| Q1 2024 | 0.01x | -0.05x | -76% | 31 Mar 2024 |
| Q4 2023 | 0.02x | -0.06x | -74% | 31 Dec 2023 |
| Q3 2023 | 0.04x | -0.05x | -57% | 30 Sep 2023 |
| Q2 2023 | 0.05x | -0.06x | -56% | 30 Jun 2023 |
| Q1 2023 | 0.06x | -0.04x | -37% | 31 Mar 2023 |
| Q4 2022 | 0.08x | -0.01x | -6.9% | 31 Dec 2022 |
| Q3 2022 | 0.08x | -0.01x | -12% | 30 Sep 2022 |
| Q2 2022 | 0.11x | +0.08x | +253% | 30 Jun 2022 |
| Q1 2022 | 0.1x | +0.07x | +283% | 31 Mar 2022 |
| Q4 2021 | 0.09x | +0.07x | +320% | 31 Dec 2021 |
| Q3 2021 | 0.09x | +0.08x | +536% | 30 Sep 2021 |
| Q2 2021 | 0.03x | -0.02x | -36% | 30 Jun 2021 |
| Q1 2021 | 0.03x | -0.06x | -70% | 31 Mar 2021 |
| Q4 2020 | 0.02x | -0.12x | -85% | 31 Dec 2020 |
| Q3 2020 | 0.01x | -0.19x | -93% | 30 Sep 2020 |
| Q2 2020 | 0.05x | -0.21x | -82% | 30 Jun 2020 |
| Q1 2020 | 0.09x | -0.23x | -73% | 31 Mar 2020 |
| Q4 2019 | 0.14x | -0.23x | -62% | 31 Dec 2019 |
| Q3 2019 | 0.21x | -0.21x | -50% | 30 Sep 2019 |
| Q2 2019 | 0.26x | 30 Jun 2019 | ||
| Q1 2019 | 0.32x | 31 Mar 2019 | ||
| Q4 2018 | 0.37x | 31 Dec 2018 | ||
| Q3 2018 | 0.41x | 30 Sep 2018 |
* An asterisk sign (*) next to the value indicates that the value is likely invalid.