1606 CORP. Quarterly Quick Ratio in % from Q3 2022 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
1606 Corp. quarterly Quick Ratio history and growth rate from Q3 2022 to Q3 2024.
  • 1606 Corp. Quick Ratio for the quarter ending September 30, 2024 was 4.09 %, a 63.9% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q3 2024 4.09 -7.23 -63.9% Sep 30, 2024
Q2 2024 7.32 -6.29 -46.2% Jun 30, 2024
Q1 2024 8.33 -5.89 -41.4% Mar 31, 2024
Q4 2023 8.86 -4.93 -35.8% Dec 31, 2023
Q3 2023 11.3 -2.55 -18.4% Sep 30, 2023
Q2 2023 13.6 Jun 30, 2023
Q1 2023 14.2 Mar 31, 2023
Q4 2022 13.8 Dec 31, 2022
Q3 2022 13.9 Sep 30, 2022
* An asterisk sign (*) next to the value indicates that the value is likely invalid.