Denali Capital Acquisition Corp.

Denali Capital Acquisition Corp.verified

DECA

Price:

$11.44

Market Cap:

$84.11M

Denali Capital Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. It intends to complete a business combination with companies primarily operating in the technology, consumer, and hospitality sectors. The company was incorporated in 2022 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-06-07

Stock Exchange

NASDAQ

Ticker

DECA

The Current Ratio as of September 2024 (TTM) for Denali Capital Acquisition Corp. (DECA) is 0.01

According to Denali 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 -55.46% compared to the average of 0.02 of the last 4 quarters.

Denali Capital Acquisition Corp. (DECA) Historical Current Ratio (quarterly & annually)

How has DECA Current Ratio performed in the past?

The mean historical Current Ratio of Denali Capital Acquisition Corp. over the last ten years is 0.37. The current 0.01 Current Ratio has changed 87.20% with respect to the historical average. Over the past ten years (40 quarters), DECA's Current Ratio was at its highest in in the September 2022 quarter at 12.31. The Current Ratio was at its lowest in in the January 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

0.37

Median

0.37

Minimum

0.04

Maximum

0.70

Denali Capital Acquisition Corp. (DECA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Denali 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 = 0%

Maximum Annual Current Ratio = 0.70

Minimum Annual Increase = -94.68%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.04-94.68%

Denali Capital Acquisition Corp. (DECA) Average Current Ratio

How has DECA Current Ratio performed in the past?

The current Current Ratio of Denali Capital Acquisition Corp. (DECA) 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

0.37

5-year avg

0.37

10-year avg

0.37

Denali Capital Acquisition Corp. (DECA) Current Ratio vs. Peers

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

Denali Capital Acquisition Corp.’s Current Ratio is less than Forum Merger IV Corporation (0), less than Pono Capital Two, Inc. (0.49), less than Welsbach Technology Metals Acquisition Corp. (0.32), greater than Broad Capital Acquisition Corp. (0.00), greater than The Growth for Good Acquisition Corporation (0.01), less than Jupiter Acquisition Corporation (0.06), less than Sound Point Acquisition Corp I, Ltd (0.13), less than Feutune Light Acquisition Corporation (22.21), greater than Aetherium Acquisition Corp. (0.00), less than Western Acquisition Ventures Corp. (3.51), less than null (0.04),

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