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.
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