Canna-Global Acquisition Corp

Canna-Global Acquisition Corpverified

CNGL

Price:

$10.155

Market Cap:

$85.78M

Canna-Global Acquisition Corp intends to acquire assets and businesses through a merger, share exchange, share purchase, reorganization, or similar business combination. It focuses on identify and acquiring a business in the cannabis sector. The company was incorporated in 2021 and is based in Marina Del Rey, California.[Read more]

Industry

Shell Companies

IPO Date

2022-01-21

Stock Exchange

NASDAQ

Ticker

CNGL

The Current Ratio as of September 2024 (TTM) for Canna-Global Acquisition Corp (CNGL) is 0.07

According to Canna-Global Acquisition Corp’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -27.59% compared to the average of 0.10 of the last 4 quarters.

Canna-Global Acquisition Corp (CNGL) Historical Current Ratio (quarterly & annually)

How has CNGL Current Ratio performed in the past?

The mean historical Current Ratio of Canna-Global Acquisition Corp over the last ten years is 292.78. The current 0.07 Current Ratio has changed -97.56% with respect to the historical average. Over the past ten years (40 quarters), CNGL's Current Ratio was at its highest in in the March 2022 quarter at 6.58. The Current Ratio was at its lowest in in the March 2023 quarter at 0.06.

Quarterly (TTM)
Annual

Average

292.78

Median

0.07

Minimum

0.07

Maximum

878.20

Canna-Global Acquisition Corp (CNGL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Canna-Global 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 = 3.40%

Maximum Annual Current Ratio = 878.20

Minimum Annual Increase = -99.99%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.073.40%
20220.07-99.99%

Canna-Global Acquisition Corp (CNGL) Average Current Ratio

How has CNGL Current Ratio performed in the past?

The current Current Ratio of Canna-Global Acquisition Corp (CNGL) 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

292.78

5-year avg

292.78

10-year avg

292.78

Canna-Global Acquisition Corp (CNGL) Current Ratio vs. Peers

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

Canna-Global Acquisition Corp’s Current Ratio is less than Sound Point Acquisition Corp I, Ltd (0), less than Jupiter Acquisition Corporation (22.21), less than Western Acquisition Ventures Corp. (0.13), greater than XPAC Acquisition Corp. (0.04), less than Newcourt Acquisition Corp (0.24), greater than null (0.01),

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