Toughbuilt Industries, Inc Quarterly Quick Ratio in % from Q2 2019 to Q4 2023

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
Toughbuilt Industries, Inc quarterly Quick Ratio history and growth rate from Q2 2019 to Q4 2023.
  • Toughbuilt Industries, Inc Quick Ratio for the quarter ending December 31, 2023 was 55 %, a 47% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q4 2023 55 -48.7 -47% Dec 31, 2023
Q3 2023 65.5 -60.9 -48.2% Sep 30, 2023
Q2 2023 76.8 -67 -46.6% Jun 30, 2023
Q1 2023 86.4 -81.5 -48.5% Mar 31, 2023
Q4 2022 104 -74 -41.6% Dec 31, 2022
Q3 2022 126 -36 -22.2% Sep 30, 2022
Q2 2022 144 +11.8 +8.94% Jun 30, 2022
Q1 2022 168 +69.3 +70.3% Mar 31, 2022
Q4 2021 178 +113 +175% Dec 31, 2021
Q3 2021 162 +119 +273% Sep 30, 2021
Q2 2021 132 +103 +358% Jun 30, 2021
Q1 2021 98.6 +72.9 +284% Mar 31, 2021
Q4 2020 64.7 +46.8 +263% Dec 31, 2020
Q3 2020 43.5 +35 +411% Sep 30, 2020
Q2 2020 28.8 +23.9 +481% Jun 30, 2020
Q1 2020 25.7 Mar 31, 2020
Q4 2019 17.8 Dec 31, 2019
Q3 2019 8.51 Sep 30, 2019
Q2 2019 4.96 Jun 30, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.