First Light Acquisition Group, Inc.

First Light Acquisition Group, Inc.verified

FLAG

Price:

$8

Market Cap:

$26.84M

First Light Acquisition Group, Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is headquartered in Reston, Virginia.[Read more]

Industry

Shell Companies

IPO Date

2021-11-01

Stock Exchange

NYSE

Ticker

FLAG

The Current Ratio as of December 2024 (TTM) for First Light Acquisition Group, Inc. (FLAG) is 0.19

According to First Light Acquisition Group, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -11.44% compared to the average of 0.22 of the last 4 quarters.

First Light Acquisition Group, Inc. (FLAG) Historical Current Ratio (quarterly & annually)

How has FLAG Current Ratio performed in the past?

The mean historical Current Ratio of First Light Acquisition Group, Inc. over the last ten years is 1.03. The current 0.19 Current Ratio has changed 1.77% with respect to the historical average. Over the past ten years (40 quarters), FLAG's Current Ratio was at its highest in in the September 2021 quarter at 41.86. The Current Ratio was at its lowest in in the March 2023 quarter at 0.04.

Quarterly (TTM)
Annual

Average

1.03

Median

0.24

Minimum

0.02

Maximum

3.61

First Light Acquisition Group, Inc. (FLAG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of First Light Acquisition Group, Inc. 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 = 6.15%

Maximum Annual Current Ratio = 3.61

Minimum Annual Increase = -99.49%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.422.20%
20220.02-99.49%
20213.616.15%

First Light Acquisition Group, Inc. (FLAG) Average Current Ratio

How has FLAG Current Ratio performed in the past?

The current Current Ratio of First Light Acquisition Group, Inc. (FLAG) 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

1.35

5-year avg

1.03

10-year avg

1.03

First Light Acquisition Group, Inc. (FLAG) Current Ratio vs. Peers

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

First Light Acquisition Group, Inc.’s Current Ratio is greater than TransAKT Ltd. (0.01), greater than Glori Energy Inc. (0), less than Global Blockchain Acquisition Corp. (0.19), greater than China Health Management Corp. (0.01), greater than Absolute Health and Fitness, Inc. (0), greater than Embrace Change Acquisition Corp. (0.01), greater than Web To Door, Inc. (0), less than Altimar Acquisition Corp. III (0), less than Manaris (2010) Corp. (1.08), less than AfterNext HealthTech Acquisition Corp. (0), less than Alpha One Inc. (0), less than null (1.10),

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