PaxMedica, Inc. Quarterly Current Ratio in % from Q1 2023 to Q2 2024

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
PaxMedica, Inc. quarterly Current Ratio history and growth rate from Q1 2023 to Q2 2024.
  • PaxMedica, Inc. Current Ratio for the quarter ending June 30, 2024 was 151 %, a 17.5% decline year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 151 -31.9 -17.5% Jun 30, 2024
Q1 2024 195 +114 +140% Mar 31, 2024
Q4 2023 202 Dec 31, 2023
Q3 2023 160 Sep 30, 2023
Q2 2023 182 Jun 30, 2023
Q1 2023 81.2 Mar 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.