Ribbon Communications Inc. Quarterly Quick Ratio in % from Q3 2018 to Q3 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
Ribbon Communications Inc. quarterly Quick Ratio history and growth rate from Q3 2018 to Q3 2024.
  • Ribbon Communications Inc. Quick Ratio for the quarter ending September 30, 2024 was 22.3 %, a 1.46% increase year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2024 22.3 +0.32 +1.46% Sep 30, 2024
Q2 2024 21.3 -1.14 -5.08% Jun 30, 2024
Q1 2024 20 -1.75 -8.06% Mar 31, 2024
Q4 2023 22 +1.24 +5.98% Dec 31, 2023
Q3 2023 22 +3.09 +16.4% Sep 30, 2023
Q2 2023 22.5 +5.31 +31% Jun 30, 2023
Q1 2023 21.7 +5.23 +31.7% Mar 31, 2023
Q4 2022 20.7 +5.04 +32.1% Dec 31, 2022
Q3 2022 18.9 +3.69 +24.3% Sep 30, 2022
Q2 2022 17.2 +1.87 +12.2% Jun 30, 2022
Q1 2022 16.5 +0.98 +6.32% Mar 31, 2022
Q4 2021 15.7 -0.62 -3.8% Dec 31, 2021
Q3 2021 15.2 -0.18 -1.17% Sep 30, 2021
Q2 2021 15.3 +1.6 +11.7% Jun 30, 2021
Q1 2021 15.5 +4.41 +39.7% Mar 31, 2021
Q4 2020 16.3 +9.26 +131% Dec 31, 2020
Q3 2020 15.4 +8.15 +113% Sep 30, 2020
Q2 2020 13.7 +6.08 +80% Jun 30, 2020
Q1 2020 11.1 +3.05 +37.9% Mar 31, 2020
Q4 2019 7.05 -1.66 -19.1% Dec 31, 2019
Q3 2019 7.24 -1.76 -19.5% Sep 30, 2019
Q2 2019 7.6 Jun 30, 2019
Q1 2019 8.05 Mar 31, 2019
Q4 2018 8.7 Dec 31, 2018
Q3 2018 9 Sep 30, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.