Deep Medicine Acquisition Corp.

Deep Medicine Acquisition Corp.verified

DMAQ

Price:

$2.96

Market Cap:

$12.90M

Deep Medicine Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It focuses on identifying businesses in the healthcare industry. The company was incorporated in 2020 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-12-02

Stock Exchange

NASDAQ

Ticker

DMAQ

The Current Ratio as of November 2024 (TTM) for Deep Medicine Acquisition Corp. (DMAQ) is 1.86

According to Deep Medicine Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.86. This represents a change of -28.68% compared to the average of 2.60 of the last 4 quarters.

Deep Medicine Acquisition Corp. (DMAQ) Historical Current Ratio (quarterly & annually)

How has DMAQ Current Ratio performed in the past?

The mean historical Current Ratio of Deep Medicine Acquisition Corp. over the last ten years is 85.63. The current 1.86 Current Ratio has changed 116.86% with respect to the historical average. Over the past ten years (40 quarters), DMAQ's Current Ratio was at its highest in in the September 2021 quarter at 10.29K. The Current Ratio was at its lowest in in the December 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

85.63

Median

13.12

Minimum

3.50

Maximum

240.27

Deep Medicine Acquisition Corp. (DMAQ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Deep Medicine 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 = 1.73%

Maximum Annual Current Ratio = 240.27

Minimum Annual Increase = -98.54%

Minimum Annual Current Ratio = 3.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.50-98.54%
2022240.271.73%

Deep Medicine Acquisition Corp. (DMAQ) Average Current Ratio

How has DMAQ Current Ratio performed in the past?

The current Current Ratio of Deep Medicine Acquisition Corp. (DMAQ) 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

85.63

5-year avg

85.63

10-year avg

85.63

Deep Medicine Acquisition Corp. (DMAQ) Current Ratio vs. Peers

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

Deep Medicine Acquisition Corp.’s Current Ratio is greater than Acri Capital Acquisition Corporation (0.02), greater than Burtech Acquisition Corp. (0.02), greater than Compass Digital Acquisition Corp. (0.11), greater than TKB Critical Technologies 1 (0.01), greater than Achari Ventures Holdings Corp. I (0.00), greater than AlphaVest Acquisition Corp (0.07), greater than Kingswood Acquisition Corp. (0.01), greater than Insight Acquisition Corp. (0.10), greater than Kingswood Acquisition Corp. (0.01), greater than ClimateRock (0.01), greater than OmniLit Acquisition Corp. (0.32), greater than Manaris (2010) Corp. (1.08), less than Altimar Acquisition Corp. III (0), less than AfterNext HealthTech Acquisition Corp. (0), less than Alpha One Inc. (0), greater than Portage Fintech Acquisition Corporation (1.10), greater than Nubia Brand International Corp. (0.01), greater than ALSP Orchid Acquisition Corporation I (0.03), greater than Ahren Acquisition Corp. (0.33), less than null (58.90),

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