Broad Capital Acquisition Corp.

Broad Capital Acquisition Corp.verified

BRAC

Price:

$11.74

Market Cap:

$35.11M

Broad Capital Acquisition Corp focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. It intends to focus on businesses in the general aviation and aerospace industry, and the unmanned aircraft systems and advanced air mobility industries in the United States and internationally. The company was incorporated in 2021 and is based in Plano, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-02-23

Stock Exchange

NASDAQ

Ticker

BRAC

The Current Ratio as of December 2024 (TTM) for Broad Capital Acquisition Corp. (BRAC) is 0.01

According to Broad Capital Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -51.62% compared to the average of 0.01 of the last 4 quarters.

Broad Capital Acquisition Corp. (BRAC) Historical Current Ratio (quarterly & annually)

How has BRAC Current Ratio performed in the past?

The mean historical Current Ratio of Broad Capital Acquisition Corp. over the last ten years is 0.10. The current 0.01 Current Ratio has changed 460.65% with respect to the historical average. Over the past ten years (40 quarters), BRAC's Current Ratio was at its highest in in the March 2022 quarter at 13.46. The Current Ratio was at its lowest in in the September 2023 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.10

Median

0.01

Minimum

0.01

Maximum

0.29

Broad Capital Acquisition Corp. (BRAC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Broad 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 = 3.78%

Maximum Annual Current Ratio = 0.29

Minimum Annual Increase = -97.82%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.01-97.82%
20220.293.78%

Broad Capital Acquisition Corp. (BRAC) Average Current Ratio

How has BRAC Current Ratio performed in the past?

The current Current Ratio of Broad Capital Acquisition Corp. (BRAC) 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

0.10

5-year avg

0.10

10-year avg

0.10

Broad Capital Acquisition Corp. (BRAC) Current Ratio vs. Peers

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

Broad Capital Acquisition Corp.’s Current Ratio is less than AfterNext HealthTech Acquisition Corp. (0), less than Manaris (2010) Corp. (1.08), less than Altimar Acquisition Corp. III (0), less than Alpha One Inc. (0), less than Alpha Partners Technology Merger Corp. (1.10), less than AlphaTime Acquisition Corp (0.21), less than null (0.01),

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