Bantec, Inc. Quarterly Quick Ratio in % from Q1 2018 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
Bantec, Inc. quarterly Quick Ratio history and growth rate from Q1 2018 to Q2 2024.
  • Bantec, Inc. Quick Ratio for the quarter ending June 30, 2024 was 1.72 %, a 266% increase year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 1.72 +1.25 +266% Jun 30, 2024
Q1 2024 1.32 +0.76 +137% Mar 31, 2024
Q4 2023 0.84 +0.22 +35.1% Dec 31, 2023
Q3 2023 0.67 +0.07 +11.7% Sep 30, 2023
Q2 2023 0.47 -0.09 -16.2% Jun 30, 2023
Q1 2023 0.56 +0.1 +22% Mar 31, 2023
Q4 2022 0.63 +0.19 +43.3% Dec 31, 2022
Q3 2022 0.6 +0.21 +53.6% Sep 30, 2022
Q2 2022 0.55 +0.2 +55.6% Jun 30, 2022
Q1 2022 0.45 +0.07 +18.2% Mar 31, 2022
Q4 2021 0.44 -0.5 -53.3% Dec 31, 2021
Q3 2021 0.39 -0.87 -68.9% Sep 30, 2021
Q2 2021 0.36 -1.07 -75.1% Jun 30, 2021
Q1 2021 0.38 -1.32 -77.4% Mar 31, 2021
Q4 2020 0.94 -0.39 -29.5% Dec 31, 2020
Q3 2020 1.26 -0.48 -27.5% Sep 30, 2020
Q2 2020 1.42 -1.41 -49.7% Jun 30, 2020
Q1 2020 1.71 -1.1 -39.2% Mar 31, 2020
Q4 2019 1.32 -1.45 -52.3% Dec 31, 2019
Q3 2019 1.75 -1.31 -42.8% Sep 30, 2019
Q2 2019 2.84 -0.61 -17.7% Jun 30, 2019
Q1 2019 2.8 -1.35 -32.5% Mar 31, 2019
Q4 2018 2.77 Dec 31, 2018
Q3 2018 3.06 Sep 30, 2018
Q2 2018 3.45 Jun 30, 2018
Q1 2018 4.16 Mar 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.