Chenghe Acquisition Co.

Chenghe Acquisition Co.verified

CHEA

Price:

$5.5

Market Cap:

$62.22M

Chenghe Acquisition Co. 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 identify business opportunities in the field of financial technology or technology-enabled financial service companies, including artificial intelligence, big data, and cloud and blockchain-related initiatives in Asian markets. The company was founded in 2021 and is based in Singapore.[Read more]

Industry

Shell Companies

IPO Date

2022-06-28

Stock Exchange

NASDAQ

Ticker

CHEA

The Current Ratio as of September 2024 (TTM) for Chenghe Acquisition Co. (CHEA) is 0.11

According to Chenghe Acquisition Co.’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of -90.51% compared to the average of 1.12 of the last 4 quarters.

Chenghe Acquisition Co. (CHEA) Historical Current Ratio (quarterly & annually)

How has CHEA Current Ratio performed in the past?

The mean historical Current Ratio of Chenghe Acquisition Co. over the last ten years is 1.15. The current 0.11 Current Ratio has changed 823.45% with respect to the historical average. Over the past ten years (40 quarters), CHEA's Current Ratio was at its highest in in the June 2022 quarter at 20.72. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

1.15

Median

1.15

Minimum

0.03

Maximum

2.27

Chenghe Acquisition Co. (CHEA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Chenghe Acquisition Co. 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 = 7.48%

Maximum Annual Current Ratio = 2.27

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20222.277.48%

Chenghe Acquisition Co. (CHEA) Average Current Ratio

How has CHEA Current Ratio performed in the past?

The current Current Ratio of Chenghe Acquisition Co. (CHEA) 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

1.15

5-year avg

1.15

10-year avg

1.15

Chenghe Acquisition Co. (CHEA) Current Ratio vs. Peers

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

Chenghe Acquisition Co.’s Current Ratio is greater than LatAmGrowth SPAC (0.02), greater than TLGY Acquisition Corporation (0.03), greater than FTAC Emerald Acquisition Corp. (0.07), greater than Dune Acquisition Corporation (0.01), less than LAMF Global Ventures Corp. I (0), greater than Magnum Opus Acquisition Limited (0.03), greater than Industrial Tech Acquisitions II, Inc. (0.07), less than Genesis Unicorn Capital Corp. (0.22), less than Conyers Park III Acquisition Corp. (0.22), less than null (0.97),

Build a custom stock screener for Chenghe Acquisition Co. (CHEA) 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 Chenghe Acquisition Co. 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.

Chenghe Acquisition Co. (CHEA) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Chenghe Acquisition Co. 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 Chenghe Acquisition Co.'s Current Ratio?

How is the Current Ratio calculated for Chenghe Acquisition Co. (CHEA)?

What is the highest Current Ratio for Chenghe Acquisition Co. (CHEA)?

What is the 3-year average Current Ratio for Chenghe Acquisition Co. (CHEA)?

What is the 5-year average Current Ratio for Chenghe Acquisition Co. (CHEA)?

How does the current Current Ratio for Chenghe Acquisition Co. (CHEA) compare to its historical average?