Acri Capital Acquisition Corporation

Acri Capital Acquisition Corporationverified

ACAC

Price:

$11.2

Market Cap:

$44.48M

Acri Capital Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. It intends to complete a business combination with technology-enabled companies operating in the areas of Software-as-a-Service, artificial intelligence, cloud computing, and Internet of Things. The company was incorporated in 2022 and is based in Austin, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-08-08

Stock Exchange

NASDAQ

Ticker

ACAC

The Current Ratio as of November 2024 (TTM) for Acri Capital Acquisition Corporation (ACAC) is 0.02

According to Acri Capital Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -47.57% compared to the average of 0.03 of the last 4 quarters.

Acri Capital Acquisition Corporation (ACAC) Historical Current Ratio (quarterly & annually)

How has ACAC Current Ratio performed in the past?

The mean historical Current Ratio of Acri Capital Acquisition Corporation over the last ten years is 0.78. The current 0.02 Current Ratio has changed 128.07% with respect to the historical average. Over the past ten years (40 quarters), ACAC's Current Ratio was at its highest in in the September 2022 quarter at 10.29. The Current Ratio was at its lowest in in the December 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.78

Median

0.02

Minimum

0

Maximum

2.30

Acri Capital Acquisition Corporation (ACAC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Acri Capital Acquisition Corporation Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 2.30

Minimum Annual Increase = -98.98%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-98.98%
20222.30Infinity%

Acri Capital Acquisition Corporation (ACAC) Average Current Ratio

How has ACAC Current Ratio performed in the past?

The current Current Ratio of Acri Capital Acquisition Corporation (ACAC) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.78

5-year avg

0.78

10-year avg

0.78

Acri Capital Acquisition Corporation (ACAC) Current Ratio vs. Peers

How is ACAC’s Current Ratio compared to its peers?

Acri Capital Acquisition Corporation’s Current Ratio is greater than Edoc Acquisition Corp. (0.01), less than Bluescape Opportunities Acquisition Corp. (0), less than Malacca Straits Acquisition Company Limited (0.04), less than Better World Acquisition Corp. (0.05), less than Breeze Holdings Acquisition Corp. (0.03),

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