Alset Capital Acquisition Corp.

Alset Capital Acquisition Corp.verified

ACAX

Price:

$3.82

Market Cap:

$17.60M

Alset Capital Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, as well as businesses and technologies targeting the real estate space. The company was incorporated in 2021 and is based in Bethesda, Maryland.[Read more]

Industry

Shell Companies

IPO Date

2022-03-24

Stock Exchange

NASDAQ

Ticker

ACAX

The Current Ratio as of November 2024 (TTM) for Alset Capital Acquisition Corp. (ACAX) is 0.84

According to Alset Capital Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.84. This represents a change of -55.09% compared to the average of 1.87 of the last 4 quarters.

Alset Capital Acquisition Corp. (ACAX) Historical Current Ratio (quarterly & annually)

How has ACAX Current Ratio performed in the past?

The mean historical Current Ratio of Alset Capital Acquisition Corp. over the last ten years is 1.48. The current 0.84 Current Ratio has changed 5.56% with respect to the historical average. Over the past ten years (40 quarters), ACAX's Current Ratio was at its highest in in the February 2022 quarter at 16.01. The Current Ratio was at its lowest in in the November 2023 quarter at 0.84.

Quarterly (TTM)
Annual

Average

1.48

Median

0.84

Minimum

0.43

Maximum

3.17

Alset Capital Acquisition Corp. (ACAX) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Alset Capital Acquisition Corp. 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 = 629.70%

Maximum Annual Current Ratio = 3.17

Minimum Annual Increase = -73.54%

Minimum Annual Current Ratio = 0.43

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.84-73.54%
20223.17629.70%

Alset Capital Acquisition Corp. (ACAX) Average Current Ratio

How has ACAX Current Ratio performed in the past?

The current Current Ratio of Alset Capital Acquisition Corp. (ACAX) 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

1.48

5-year avg

1.48

10-year avg

1.48

Alset Capital Acquisition Corp. (ACAX) Current Ratio vs. Peers

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

Alset Capital Acquisition Corp.’s Current Ratio is greater than Armada Acquisition Corp. I (0.01), greater than Atlantic Coastal Acquisition Corp. II (0.04), greater than Atlantic Coastal Acquisition Corp. (0), greater than Athena Consumer Acquisition Corp. (0.53), greater than AltEnergy Acquisition Corp. (0.04),

Build a custom stock screener for Alset Capital Acquisition Corp. (ACAX) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Alset Capital Acquisition Corp. using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Alset Capital Acquisition Corp. (ACAX) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Alset Capital Acquisition Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Alset Capital Acquisition Corp.'s Current Ratio?

How is the Current Ratio calculated for Alset Capital Acquisition Corp. (ACAX)?

What is the highest Current Ratio for Alset Capital Acquisition Corp. (ACAX)?

What is the 3-year average Current Ratio for Alset Capital Acquisition Corp. (ACAX)?

What is the 5-year average Current Ratio for Alset Capital Acquisition Corp. (ACAX)?

How does the current Current Ratio for Alset Capital Acquisition Corp. (ACAX) compare to its historical average?