Frontier Investment Corp

Frontier Investment Corpverified

FICVU

Price:

$10.7

Market Cap:

$82.83M

Frontier Investment 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 search in the technology, digital media, e-commerce, financial technology, and digital services sectors in the Middle East, North Africa, Turkey, Sub-Saharan Africa, and South and Southeast Asia. Frontier Investment Corp was incorporated in 2021 and is based in Wilmington, Delaware.[Read more]

Industry

Shell Companies

IPO Date

2021-07-01

Stock Exchange

NASDAQ

Ticker

FICVU

The Current Ratio as of November 2024 (TTM) for Frontier Investment Corp (FICVU) is 0.13

According to Frontier Investment Corp’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of 5.62% compared to the average of 0.12 of the last 4 quarters.

Frontier Investment Corp (FICVU) Historical Current Ratio (quarterly & annually)

How has FICVU Current Ratio performed in the past?

The mean historical Current Ratio of Frontier Investment Corp over the last ten years is 1.74. The current 0.13 Current Ratio has changed 656.54% with respect to the historical average. Over the past ten years (40 quarters), FICVU's Current Ratio was at its highest in in the September 2021 quarter at 40.20. The Current Ratio was at its lowest in in the June 2023 quarter at 0.00.

Quarterly (TTM)
Annual

Average

1.74

Median

1.74

Minimum

0.24

Maximum

3.23

Frontier Investment Corp (FICVU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Frontier Investment 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 = 3.23

Minimum Annual Increase = -92.47%

Minimum Annual Current Ratio = 0.24

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.24-92.47%

Frontier Investment Corp (FICVU) Average Current Ratio

How has FICVU Current Ratio performed in the past?

The current Current Ratio of Frontier Investment Corp (FICVU) 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

1.74

5-year avg

1.74

10-year avg

1.74

Frontier Investment Corp (FICVU) Current Ratio vs. Peers

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

Frontier Investment Corp’s Current Ratio is less than Zimmer Energy Transition Acquisition Corp. (1.00), less than Portage Fintech Acquisition Corporation (0.14), less than Social Capital Suvretta Holdings Corp. II (2.50), greater than Thunder Bridge Capital Partners IV Inc. (0.00), less than Jaws Juggernaut Acquisition Corporation (0.44),

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