Arrowroot Acquisition Corp.

Arrowroot Acquisition Corp.verified

ARRWU

Price:

$17

Market Cap:

$211.76M

Arrowroot Acquisition Corp. does not have significant operations. The company 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 identify and acquire a business focusing on the enterprise software sector. The company was incorporated in 2020 and is based in Marina Del Rey, California.[Read more]

Industry

Shell Companies

IPO Date

2021-03-02

Stock Exchange

NASDAQ

Ticker

ARRWU

The Current Ratio as of November 2024 (TTM) for Arrowroot Acquisition Corp. (ARRWU) is 3.40

According to Arrowroot Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 3.40. This represents a change of 288.28% compared to the average of 0.88 of the last 4 quarters.

Arrowroot Acquisition Corp. (ARRWU) Historical Current Ratio (quarterly & annually)

How has ARRWU Current Ratio performed in the past?

The mean historical Current Ratio of Arrowroot Acquisition Corp. over the last ten years is 0.19. The current 3.40 Current Ratio has changed 181.77% with respect to the historical average. Over the past ten years (40 quarters), ARRWU's Current Ratio was at its highest in in the June 2024 quarter at 3.40. The Current Ratio was at its lowest in in the March 2024 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.19

Median

0.16

Minimum

0.02

Maximum

0.40

Arrowroot Acquisition Corp. (ARRWU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Arrowroot 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 = 61.98%

Maximum Annual Current Ratio = 0.40

Minimum Annual Increase = -81.29%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-73.27%
20220.08-81.29%
20210.4061.98%

Arrowroot Acquisition Corp. (ARRWU) Average Current Ratio

How has ARRWU Current Ratio performed in the past?

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

3-year avg

0.17

5-year avg

0.19

10-year avg

0.19

Arrowroot Acquisition Corp. (ARRWU) Current Ratio vs. Peers

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

Arrowroot Acquisition Corp.’s Current Ratio is greater than Anzu Special Acquisition Corp I (0.79), greater than Atlantic Coastal Acquisition Corp. (0), greater than DHC Acquisition Corp. (0.09), greater than Aurora Acquisition Corp. (0.03), greater than Digital Transformation Opportunities Corp. (1.36),

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