PHOENIX MOTOR INC. Quarterly Quick Ratio in % from Q1 2023 to Q2 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
Phoenix Motor Inc. quarterly Quick Ratio history and growth rate from Q1 2023 to Q2 2024.
  • Phoenix Motor Inc. Quick Ratio for the quarter ending June 30, 2024 was 172 %, a 113% increase year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Date
Q2 2024 172 +91.5 +113% Jun 30, 2024
Q1 2024 127 +31.7 +33.3% Mar 31, 2024
Q4 2023 33.2 Dec 31, 2023
Q3 2023 54.2 Sep 30, 2023
Q2 2023 80.6 Jun 30, 2023
Q1 2023 95 Mar 31, 2023
* An asterisk sign (*) next to the value indicates that the value is likely invalid.