Quick Ratio of Kaival Brands Innovations Group, Inc. from 31 Dec 2020 to 31 Jul 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
Kaival Brands Innovations Group, Inc. quarterly Quick Ratio in % history and change rate from 31 Dec 2020 to 31 Jul 2024.
  • Kaival Brands Innovations Group, Inc. Quick Ratio for the quarter ending 31 Jul 2024 was 46%, a 48% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Kaival Brands Innovations Group, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q2 2024 46% -43% -48% 31 Jul 2024
Q1 2024 64% -64% -50% 30 Apr 2024
Q4 2023 78% -100% -56% 31 Jan 2024
Q3 2023 88% -75% -46% 31 Oct 2023
Q2 2023 88% -54% -38% 31 Jul 2023
Q1 2023 127% +14% +12% 30 Apr 2023
Q4 2022 178% +91% +103% 31 Jan 2023
Q3 2022 162% +84% +108% 31 Oct 2022
Q2 2022 143% +77% +116% 31 Jul 2022
Q1 2022 113% +61% +114% 30 Apr 2022
Q4 2021 88% +87% 31 Jan 2022
Q3 2021 78% 31 Oct 2021
Q2 2021 66% 31 Jul 2021
Q1 2021 53% 30 Apr 2021
Q4 2020 0.23%* 31 Dec 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.