Current Ratio of Innovation1 Biotech Inc. from 31 May 2018 to 29 Feb 2024

Taxonomy & unit
ratio: %
Description
The current ratio is a liquidity ratio that measures a company's ability to cover its short-term obligations with its current assets.
Summary
Innovation1 Biotech Inc. quarterly Current Ratio in % history and change rate from 31 May 2018 to 29 Feb 2024.
  • Innovation1 Biotech Inc. Current Ratio for the quarter ending 29 Feb 2024 was 3.3%, a 52% increase year-over-year.
Current Ratio, Quarterly (%)
Current Ratio, YoY Quarterly Change (%)

Innovation1 Biotech Inc. Quarterly Current Ratio (%)

Period Value YoY Chg Change % Date
Q1 2024 3.3% +1.1% +52% 29 Feb 2024
Q4 2023 3.7% +0.63% +21% 30 Nov 2023
Q3 2023 5% +0.24% +5.1% 31 Aug 2023
Q2 2023 2% -4.2% -68% 31 May 2023
Q1 2023 2.2% -5.8% -73% 28 Feb 2023
Q4 2022 3% -7.2% -70% 30 Nov 2022
Q3 2022 4.7% -3.9% -45% 31 Aug 2022
Q2 2022 6.2% -0.38% -5.8% 31 May 2022
Q1 2022 7.9% -2.5% -24% 28 Feb 2022
Q4 2021 10% -4.6% -31% 30 Nov 2021
Q3 2021 8.6% -12% -59% 31 Aug 2021
Q2 2021 6.5% -25% -79% 31 May 2021
Q1 2021 10% -32% -75% 28 Feb 2021
Q4 2020 15% -80% -84% 30 Nov 2020
Q3 2020 21% -96% -82% 31 Aug 2020
Q2 2020 31% -90% -74% 31 May 2020
Q1 2020 42% -70% -63% 29 Feb 2020
Q4 2019 95% -9.7% -9.3% 30 Nov 2019
Q3 2019 117% +22% +23% 31 Aug 2019
Q2 2019 121% +77% +173% 31 May 2019
Q1 2019 113% 28 Feb 2019
Q4 2018 104% 30 Nov 2018
Q3 2018 95% 31 Aug 2018
Q2 2018 44% 31 May 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.