AltC Acquisition Corp.

AltC Acquisition Corp.verified

ALCC

Price:

$18.23

Market Cap:

$2.95B

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 24, 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-07-08

Stock Exchange

NYSE

Ticker

ALCC

The Current Ratio as of December 2024 (TTM) for AltC Acquisition Corp. (ALCC) is 48.45

According to AltC Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 48.45. This represents a change of 97.30% compared to the average of 24.55 of the last 4 quarters.

AltC Acquisition Corp. (ALCC) Historical Current Ratio (quarterly & annually)

How has ALCC Current Ratio performed in the past?

The mean historical Current Ratio of AltC Acquisition Corp. over the last ten years is 5.83. The current 48.45 Current Ratio has changed 82.97% with respect to the historical average. Over the past ten years (40 quarters), ALCC's Current Ratio was at its highest in in the June 2024 quarter at 49.03. The Current Ratio was at its lowest in in the March 2024 quarter at 0.15.

Quarterly (TTM)
Annual

Average

5.83

Median

4.43

Minimum

2.70

Maximum

10.37

AltC Acquisition Corp. (ALCC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of AltC 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 = 64.46%

Maximum Annual Current Ratio = 10.37

Minimum Annual Increase = -74.01%

Minimum Annual Current Ratio = 2.70

Quarterly (TTM)
Annual
YearCurrent RatioChange
20234.4364.46%
20222.70-74.01%

AltC Acquisition Corp. (ALCC) Average Current Ratio

How has ALCC Current Ratio performed in the past?

The current Current Ratio of AltC Acquisition Corp. (ALCC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.83

5-year avg

5.83

10-year avg

5.83

AltC Acquisition Corp. (ALCC) Current Ratio vs. Peers

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

AltC Acquisition Corp.’s Current Ratio is greater than Churchill Capital Corp VI (0.26), greater than Churchill Capital Corp VII (0.00), greater than Churchill Capital Corp V (0.10), greater than Compute Health Acquisition Corp. (0.74), greater than Khosla Ventures Acquisition Co. (0.07), greater than Genesis Growth Tech Acquisition Corp. (0.02), greater than Fat Projects Acquisition Corp (20.33), greater than Roth CH Acquisition IV Co. (3.96), greater than Rosecliff Acquisition Corp I (0.73), less than Greencity Acquisition Corporation (0), greater than Apollo Strategic Growth Capital II (0.04), greater than Ares Acquisition Corporation (8.96), greater than Apollo Strategic Growth Capital II (0.04), less than Altimar Acquisition Corp. III (0), greater than Crescera Capital Acquisition Corp. (0.35), greater than Jupiter Wellness Acquisition Corp. (28.91), greater than Minority Equality Opportunities Acquisition Inc. (0.19), less than UTA Acquisition Corporation (0), greater than Finnovate Acquisition Corp. (0.02), greater than Forum Merger IV Corporation (0.06), less than Pono Capital Two, Inc. (0), greater than Welsbach Technology Metals Acquisition Corp. (0.00),

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