Bite Acquisition Quick Ratio (BITE) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Bite Acquisition Corp   (NYSEAMER: BITE)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Bite Acquisition 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 0 a new company low.

Within Blank Checks industry 113 other companies have achieved higher Quick Ratio than Bite Acquisition in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 2371 to 4470.

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




BITE Quick Ratio (Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
Y / Y Current Liabilities Change 68.36 % 197.81 % 274.14 % 255.23 % 254.48 %
Y / Y Cash & cash equivalent Change -89.13 % -98.91 % -99.72 % -78.12 % -1.75 %
Quick Ratio MRQ 0 0 0 0 0.02
BITE's Total Ranking # 4470 # 2371 # 4621 # 4553 # 3991
Seq. Current Liabilities Change 6.19 % 6.79 % 12.13 % 32.4 % 87.84 %
Seq. Cash & cash equivalent Change 352.06 % 31.53 % -92.26 % -76.39 % -54.46 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Blank Checks Industry # 114
Financial Sector # 886
Overall Market # 4470


Quick Ratio Statistics
High Average Low
1.69 0.31 0
(Mar 31 2021)   (Sep 30 2023)




Financial Statements
Bite Acquisition 's Current Liabilities $ 4 Millions Visit BITE's Balance sheet
Bite Acquisition 's Cash & cash equivalent $ 0 Millions Visit BITE's Balance sheet
Source of BITE's Sales Visit BITE's Sales by Geography


Cumulative Bite Acquisition 's Quick Ratio

BITE's Quick Ratio for the trailling 12 Months

BITE Quick Ratio

(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 164.03 % 240.54 % 242.34 % 239.37 % 248.56 %
Y / Y Cash & cash equivalent TTM Growth -96.41 % -88.17 % -68.28 % 31.28 % -3.76 %
Quick Ratio TTM 0 0 0.01 0.05 0.08
Total Ranking TTM # 4294 # 3143 # 3925 # 3979 # 3440
Seq. Current Liabilities TTM Growth 12.67 % 24.26 % 33.44 % 41.33 % 45.32 %
Seq. Cash & cash equivalent TTM Growth -69.72 % -62.95 % -65.3 % -7.81 % -0.17 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the Q1 2024 to $3.94 millions, cumulative Quick Ratio