Alterola Biotech Inc Quick Ratio (ALTA) starting from the second quarter 2024 to second quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Alterola Biotech Inc   (ALTA)

Alterola Biotech Inc 's Quick Ratio

ALTA's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Regardless of the sequential decrease in Current Liabilities, during the second quarter 2024, Quick Ratio deteriorated to 0.02 below Alterola Biotech Inc 's average Quick Ratio.

Within Legal Cannabis industry 11 other companies have achieved higher Quick Ratio than Alterola Biotech Inc in second quarter 2024. While Quick Ratio total ranking in the second quarter 2024 has deteriorated compared to the prior quarter from 3629 to 4363.

Explain Quick Ratio?
How much Cash & cash equivalents ALTA´s has?
What are ALTA´s Current Liabilities?




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ALTA Quick Ratio (Sep 30 2024)
Q2
(Jun 30 2024)
Q1
(Mar 31 2024)
Q4
(Dec 31 2023)
Q3
(Sep 30 2023)
Q2
Y / Y Current Liabilities Change 43.51 %
Y / Y Cash & cash equivalent Change 808.81 %
Quick Ratio MRQ 0.02
ALTA's Total Ranking # 4363
Seq. Current Liabilities Change -11.77 %
Seq. Cash & cash equivalent Change -88.42 %



Quick Ratio second quarter 2024 Company Ranking
Within: No.
Legal Cannabis Industry # 12
Consumer Non Cyclical Sector # 147
Overall Market # 4363


Quick Ratio Statistics
High Average Low
1637.98 63.08 0
(Jun 30 2021)   (Dec 31 2023)




Financial Statements
Alterola Biotech Inc 's Current Liabilities $ 4 Millions Visit ALTA's Balance sheet
Alterola Biotech Inc 's Cash & cash equivalent $ 0 Millions Visit ALTA's Balance sheet
Source of ALTA's Sales Visit ALTA's Sales by Geography


Cumulative Alterola Biotech Inc 's Quick Ratio

ALTA's Quick Ratio for the trailling 12 Months

ALTA Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 18.19 %
Y / Y Cash & cash equivalent TTM Growth 1091.05 %
Quick Ratio TTM 0.08
Total Ranking TTM # 3610
Seq. Current Liabilities TTM Growth 11.77 %
Seq. Cash & cash equivalent TTM Growth 10.1 %


On the trailing twelve months basis In Spite of the fall in Current Liabilities in the Q2 2024 to $3.62 millions, cumulative Quick Ratio remained unchanged at 0.08 below the Alterola Biotech Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Legal Cannabis industry 18 other companies have achieved higher Quick Ratio than Alterola Biotech Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2024 from 3023 to 3610.

Explain Quick Ratio?
How much Cash & cash equivalents ALTA´s has?
What are ALTA´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Legal Cannabis Industry # 19
Consumer Non Cyclical Sector # 170
Within the Market # 3610


trailing twelve months Quick Ratio Statistics
High Average Low
1768.97 214.6 0.01
(Dec 31 2020)   (Mar 31 2024)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Legal Cannabis Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
AIBOTICS, INC.  0.04 $ 0.202  Millions$ 5.002  Millions
Im Cannabis Corp   0.02 $ 0.661  Millions$ 26.747  Millions
Alterola Biotech Inc   0.02 $ 0.083  Millions$ 3.615  Millions
Synergy Chc Corp  0.01 $ 0.273  Millions$ 18.249  Millions
4front Ventures Corp   0.01 $ 1.246  Millions$ 112.885  Millions
Pioneer Green Farms Inc  0.01 $ 0.006  Millions$ 0.909  Millions
Bright Green Corporation  0.01 $ 0.040  Millions$ 7.043  Millions
Bon Natural Life Limited 0.00 $ 0.080  Millions$ 16.297  Millions
Cannaisseur Group Inc. 0.00 $ 0.001  Millions$ 0.108  Millions

Date modified: 2026-10-07T00:41:54+00:00



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