Quick Ratio of Nano Magic Inc. from 31 Mar 2015 to 30 Sep 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
Nano Magic Inc. quarterly Quick Ratio in % history and change rate from 31 Mar 2015 to 30 Sep 2024.
  • Nano Magic Inc. Quick Ratio for the quarter ending 30 Sep 2024 was 48%, a 35% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Nano Magic Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q3 2024 48% -25% -35% 30 Sep 2024
Q2 2024 55% -29% -35% 30 Jun 2024
Q1 2024 64% -32% -33% 31 Mar 2024
Q4 2023 70% -39% -36% 31 Dec 2023
Q3 2023 73% -47% -39% 30 Sep 2023
Q2 2023 85% -27% -24% 30 Jun 2023
Q1 2023 96% +2% +2% 31 Mar 2023
Q4 2022 109% +31% +39% 31 Dec 2022
Q3 2022 120% +59% +97% 30 Sep 2022
Q2 2022 112% +59% +112% 30 Jun 2022
Q1 2022 94% +53% +127% 31 Mar 2022
Q4 2021 78% +43% +120% 31 Dec 2021
Q3 2021 61% +29% +92% 30 Sep 2021
Q2 2021 53% +22% +74% 30 Jun 2021
Q1 2021 41% +6% +18% 31 Mar 2021
Q4 2020 36% -3% -7.4% 31 Dec 2020
Q3 2020 32% -5% -12% 30 Sep 2020
Q2 2020 30% -4% -12% 30 Jun 2020
Q1 2020 35% +4% +12% 31 Mar 2020
Q4 2019 38% +11% +38% 31 Dec 2019
Q3 2019 36% +9% +31% 30 Sep 2019
Q2 2019 34% +5% +19% 30 Jun 2019
Q1 2019 31% 0% +0.03% 31 Mar 2019
Q4 2018 28% -4% -13% 31 Dec 2018
Q3 2018 28% -7% -20% 30 Sep 2018
Q2 2018 29% -7% -19% 30 Jun 2018
Q1 2018 31% -4% -11% 31 Mar 2018
Q4 2017 32% -4% -9.8% 31 Dec 2017
Q3 2017 35% 0% -1.3% 30 Sep 2017
Q2 2017 35% +1% +4.1% 30 Jun 2017
Q1 2017 35% 0% +1.2% 31 Mar 2017
Q4 2016 36% -1% -3.7% 31 Dec 2016
Q3 2016 35% -7% -16% 30 Sep 2016
Q2 2016 34% -11% -24% 30 Jun 2016
Q1 2016 34% -19% -36% 31 Mar 2016
Q4 2015 37% 31 Dec 2015
Q3 2015 42% 30 Sep 2015
Q2 2015 45% 30 Jun 2015
Q1 2015 54% 31 Mar 2015
* An asterisk sign (*) next to the value indicates that the value is likely invalid.