Grom Social Enterprises, Inc. Quarterly Quick Ratio in % from Q2 2018 to Q1 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
Grom Social Enterprises, Inc. quarterly Quick Ratio history and growth rate from Q2 2018 to Q1 2024.
  • Grom Social Enterprises, Inc. Quick Ratio for the quarter ending March 31, 2024 was 1.62 %, a 55.1% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q1 2024 1.62 -1.98 -55.1% Mar 31, 2024
Q4 2023 2.14 -1.39 -39.3% Dec 31, 2023
Q3 2023 2.85 -0.24 -7.76% Sep 30, 2023
Q2 2023 3.41 +0.36 +11.8% Jun 30, 2023
Q1 2023 3.6 +1.49 +70.9% Mar 31, 2023
Q4 2022 3.53 +2.12 +150% Dec 31, 2022
Q3 2022 3.09 +2.03 +190% Sep 30, 2022
Q2 2022 3.05 +2.5 +453% Jun 30, 2022
Q1 2022 2.1 +1.58 +303% Mar 31, 2022
Q4 2021 1.41 +0.88 +165% Dec 31, 2021
Q3 2021 1.07 +0.63 +146% Sep 30, 2021
Q2 2021 0.55 +0.19 +51.9% Jun 30, 2021
Q1 2021 0.52 +0.2 +62.9% Mar 31, 2021
Q4 2020 0.53 +0.28 +109% Dec 31, 2020
Q3 2020 0.43 +0.23 +115% Sep 30, 2020
Q2 2020 0.37 -1.26 -77.6% Jun 30, 2020
Q1 2020 0.32 -3.18 -90.9% Mar 31, 2020
Q4 2019 0.26 -4.63 -94.8% Dec 31, 2019
Q3 2019 0.2 -6.76 -97.1% Sep 30, 2019
Q2 2019 1.62 -4.8 -74.7% Jun 30, 2019
Q1 2019 3.5 Mar 31, 2019
Q4 2018 4.89 Dec 31, 2018
Q3 2018 6.96 Sep 30, 2018
Q2 2018 6.42 Jun 30, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.