Quick Ratio of Grom Social Enterprises, Inc. from 30 Jun 2018 to 31 Mar 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
Grom Social Enterprises, Inc. quarterly Quick Ratio in % history and change rate from 30 Jun 2018 to 31 Mar 2024.
  • Grom Social Enterprises, Inc. Quick Ratio for the quarter ending 31 Mar 2024 was 2%, a 55% decline year-over-year.
Quick Ratio, Quarterly (%)
Quick Ratio, YoY Quarterly Change (%)

Grom Social Enterprises, Inc. Quarterly Quick Ratio (%)

Period Value YoY Chg Change % Date
Q1 2024 2% -2% -55% 31 Mar 2024
Q4 2023 2% -1% -39% 31 Dec 2023
Q3 2023 3% 0% -7.8% 30 Sep 2023
Q2 2023 3% 0% +12% 30 Jun 2023
Q1 2023 4% +1% +71% 31 Mar 2023
Q4 2022 4% +2% +150% 31 Dec 2022
Q3 2022 3% +2% +190% 30 Sep 2022
Q2 2022 3% +3% +453% 30 Jun 2022
Q1 2022 2% +2% +303% 31 Mar 2022
Q4 2021 1% +1% +165% 31 Dec 2021
Q3 2021 1% +1% +146% 30 Sep 2021
Q2 2021 1% 0% +52% 30 Jun 2021
Q1 2021 1% 0% +63% 31 Mar 2021
Q4 2020 1% 0% +109% 31 Dec 2020
Q3 2020 0% 0% +115% 30 Sep 2020
Q2 2020 0% -1% -78% 30 Jun 2020
Q1 2020 0% -3% -91% 31 Mar 2020
Q4 2019 0% -5% -95% 31 Dec 2019
Q3 2019 0% -7% -97% 30 Sep 2019
Q2 2019 2% -5% -75% 30 Jun 2019
Q1 2019 4% 31 Mar 2019
Q4 2018 5% 31 Dec 2018
Q3 2018 7% 30 Sep 2018
Q2 2018 6% 30 Jun 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.