FG Merger Corp.

FG Merger Corp.verified

FGMC

Price:

$4.82

Market Cap:

$0

FG Merger Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search for a target business in the financial services industry in North America. The company was incorporated in 2020 and is based in Itasca, Illinois. FG Merger Corp. operates as a subsidiary of FG Merger Investors LLC.[Read more]

Industry

Shell Companies

IPO Date

2022-04-19

Stock Exchange

NASDAQ

Ticker

FGMC

The Current Ratio as of September 2024 (TTM) for FG Merger Corp. (FGMC) is 0.11

According to FG Merger Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.11. This represents a change of -47.06% compared to the average of 0.21 of the last 4 quarters.

FG Merger Corp. (FGMC) Historical Current Ratio (quarterly & annually)

How has FGMC Current Ratio performed in the past?

The mean historical Current Ratio of FG Merger Corp. over the last ten years is 0.37. The current 0.11 Current Ratio has changed 2.91% with respect to the historical average. Over the past ten years (40 quarters), FGMC's Current Ratio was at its highest in in the March 2022 quarter at 16.43. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.37

Median

0.20

Minimum

0

Maximum

1.09

FG Merger Corp. (FGMC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of FG Merger 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 = 1.09

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.40-63.69%
20221.09Infinity%
202100%

FG Merger Corp. (FGMC) Average Current Ratio

How has FGMC Current Ratio performed in the past?

The current Current Ratio of FG Merger Corp. (FGMC) 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

0.49

5-year avg

0.37

10-year avg

0.37

FG Merger Corp. (FGMC) Current Ratio vs. Peers

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

FG Merger Corp.’s Current Ratio is greater than Cartesian Growth Corporation II (0.07), less than Fifth Wall Acquisition Corp. III (0.12), greater than 26 Capital Acquisition Corp. (0.03), greater than Canna-Global Acquisition Corp (0.07), greater than Magnum Opus Acquisition Limited (0.07), less than Genesis Unicorn Capital Corp. (0.22), less than Digital Transformation Opportunities Corp. (1.32), less than Industrial Tech Acquisitions II, Inc. (0.22), less than Conyers Park III Acquisition Corp. (0.97), greater than LAMF Global Ventures Corp. I (0.03),

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