Innovation1 Biotech Inc. Quarterly Current Ratio in % from Q2 2018 to Q3 2023

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
Innovation1 Biotech Inc. quarterly Current Ratio history and growth rate from Q2 2018 to Q3 2023.
  • Innovation1 Biotech Inc. Current Ratio for the quarter ending August 31, 2023 was 4.97 %, a 5.08% increase year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2023 4.97 +0.24 +5.08% Aug 31, 2023
Q2 2023 1.95 -4.22 -68.4% May 31, 2023
Q1 2023 2.15 -5.78 -72.9% Feb 28, 2023
Q4 2022 3.04 -7.16 -70.3% Nov 30, 2022
Q3 2022 4.73 -3.9 -45.2% Aug 31, 2022
Q2 2022 6.17 -0.38 -5.81% May 31, 2022
Q1 2022 7.93 -2.46 -23.7% Feb 28, 2022
Q4 2021 10.2 -4.56 -30.9% Nov 30, 2021
Q3 2021 8.63 -12.4 -59% Aug 31, 2021
Q2 2021 6.54 -24.6 -79% May 31, 2021
Q1 2021 10.4 -31.8 -75.4% Feb 28, 2021
Q4 2020 14.8 -79.8 -84.4% Nov 30, 2020
Q3 2020 21.1 -96.4 -82.1% Aug 31, 2020
Q2 2020 31.1 -89.9 -74.3% May 31, 2020
Q1 2020 42.2 -70.4 -62.5% Feb 29, 2020
Q4 2019 94.6 -9.68 -9.29% Nov 30, 2019
Q3 2019 117 +22.1 +23.2% Aug 31, 2019
Q2 2019 121 +76.7 +173% May 31, 2019
Q1 2019 113 Feb 28, 2019
Q4 2018 104 Nov 30, 2018
Q3 2018 95.3 Aug 31, 2018
Q2 2018 44.3 May 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.