Fat Projects Acquisition Corp

Fat Projects Acquisition Corpverified

FATP

Price:

$10.915

Market Cap:

$37.94M

Fat Projects Acquisition Corp does not have significant operations. The company 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 the supply chain, transportation, logistics, finance, sustainability/ESG, food, agriculture, e-commerce, and big data and/or monetization areas in Southeast Asia. Fat Projects Acquisition Corp was incorporated in 2021 and is based in Singapore.[Read more]

Industry

Shell Companies

IPO Date

2021-12-03

Stock Exchange

NASDAQ

Ticker

FATP

The Current Ratio as of September 2024 (TTM) for Fat Projects Acquisition Corp (FATP) is 0.71

According to Fat Projects Acquisition Corp’s latest financial reports and current stock price. The company's current Current Ratio is 0.71. This represents a change of -90.45% compared to the average of 7.47 of the last 4 quarters.

Fat Projects Acquisition Corp (FATP) Historical Current Ratio (quarterly & annually)

How has FATP Current Ratio performed in the past?

The mean historical Current Ratio of Fat Projects Acquisition Corp over the last ten years is 13.72. The current 0.71 Current Ratio has changed 420.30% with respect to the historical average. Over the past ten years (40 quarters), FATP's Current Ratio was at its highest in in the December 2022 quarter at 20.33. The Current Ratio was at its lowest in in the April 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

13.72

Median

13.72

Minimum

7.11

Maximum

20.33

Fat Projects Acquisition Corp (FATP) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Fat Projects 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 = 186.05%

Maximum Annual Current Ratio = 20.33

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 7.11

Quarterly (TTM)
Annual
YearCurrent RatioChange
202220.33186.05%

Fat Projects Acquisition Corp (FATP) Average Current Ratio

How has FATP Current Ratio performed in the past?

The current Current Ratio of Fat Projects Acquisition Corp (FATP) 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

13.72

5-year avg

13.72

10-year avg

13.72

Fat Projects Acquisition Corp (FATP) Current Ratio vs. Peers

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

Fat Projects Acquisition Corp’s Current Ratio is greater than Crescera Capital Acquisition Corp. (0.35), less than Jupiter Wellness Acquisition Corp. (17.24), less than Roth CH Acquisition IV Co. (3.96), greater than Minority Equality Opportunities Acquisition Inc. (0.10), greater than Genesis Growth Tech Acquisition Corp. (0.02), less than Rosecliff Acquisition Corp I (0.72), less than Greencity Acquisition Corporation (0), less than FG Merger Corp. (0), greater than null (0.11),

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