Dune Acquisition Corporation

Dune Acquisition Corporationverified

DUNE

Price:

$4.05

Market Cap:

$22.25M

Dune Acquisition Corporation does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses in the technology sector, primarily companies pursuing a Software as a Service. The company was incorporated in 2020 and is based in West Palm Beach, Florida.[Read more]

Industry

Shell Companies

IPO Date

2021-02-19

Stock Exchange

NASDAQ

Ticker

DUNE

The Current Ratio as of November 2024 (TTM) for Dune Acquisition Corporation (DUNE) is 0.01

According to Dune Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -97.34% compared to the average of 0.40 of the last 4 quarters.

Dune Acquisition Corporation (DUNE) Historical Current Ratio (quarterly & annually)

How has DUNE Current Ratio performed in the past?

The mean historical Current Ratio of Dune Acquisition Corporation over the last ten years is 1.12. The current 0.01 Current Ratio has changed -5.67% with respect to the historical average. Over the past ten years (40 quarters), DUNE's Current Ratio was at its highest in in the March 2021 quarter at 3.84. The Current Ratio was at its lowest in in the September 2020 quarter at 0.00.

Quarterly (TTM)
Annual

Average

1.12

Median

0.58

Minimum

0.11

Maximum

2.68

Dune Acquisition Corporation (DUNE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Dune Acquisition Corporation 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 = 431.66%

Maximum Annual Current Ratio = 2.68

Minimum Annual Increase = -95.95%

Minimum Annual Current Ratio = 0.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.58431.66%
20210.11-95.95%

Dune Acquisition Corporation (DUNE) Average Current Ratio

How has DUNE Current Ratio performed in the past?

The current Current Ratio of Dune Acquisition Corporation (DUNE) 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

1.12

5-year avg

1.12

10-year avg

1.12

Dune Acquisition Corporation (DUNE) Current Ratio vs. Peers

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

Dune Acquisition Corporation’s Current Ratio is less than Magnum Opus Acquisition Limited (0.13), less than Genesis Unicorn Capital Corp. (0.22), less than Digital Transformation Opportunities Corp. (1.36), less than Industrial Tech Acquisitions II, Inc. (0.69), less than Conyers Park III Acquisition Corp. (2.22), less than LAMF Global Ventures Corp. I (0.03), less than Energem Corp. (0.07),

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