Quick Ratio of MicroAlgo Inc. from 31 Dec 2021 to 31 Dec 2022

Taxonomy & unit
ratio: x
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
MicroAlgo Inc. quarterly Quick Ratio in x history and change rate from 31 Dec 2021 to 31 Dec 2022.
  • MicroAlgo Inc. Quick Ratio for the quarter ending 31 Dec 2022 was 11.47x, a 374% increase year-over-year.
Quick Ratio, Quarterly (x)
Quick Ratio, YoY Quarterly Change (%)

MicroAlgo Inc. Quarterly Quick Ratio (x)

Period Value YoY Chg Change % Date
Q4 2022 11.47x +9.05x +374% 31 Dec 2022
Q4 2022 11.47x 31 Dec 2022
Q4 2021 2.42x 31 Dec 2021
* An asterisk sign (*) next to the value indicates that the value is likely invalid.