Feutune Light Acquisition Corporation

Feutune Light Acquisition Corporationverified

FLFV

Price:

$2.56

Market Cap:

$16.41M

Feutune Light Acquisition Corporation focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2022 and is based in Metuchen, New Jersey.[Read more]

Industry

Shell Companies

IPO Date

2022-08-08

Stock Exchange

NASDAQ

Ticker

FLFV

The Current Ratio as of December 2024 (TTM) for Feutune Light Acquisition Corporation (FLFV) is 1.94

According to Feutune Light Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.94. This represents a change of 92.91% compared to the average of 1.01 of the last 4 quarters.

Feutune Light Acquisition Corporation (FLFV) Historical Current Ratio (quarterly & annually)

How has FLFV Current Ratio performed in the past?

The mean historical Current Ratio of Feutune Light Acquisition Corporation over the last ten years is 0.45. The current 1.94 Current Ratio has changed 43.52% with respect to the historical average. Over the past ten years (40 quarters), FLFV's Current Ratio was at its highest in in the June 2022 quarter at 20.18. The Current Ratio was at its lowest in in the March 2024 quarter at 0.00.

Quarterly (TTM)
Annual

Average

0.45

Median

0.02

Minimum

0.00

Maximum

1.31

Feutune Light Acquisition Corporation (FLFV) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Feutune Light 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 = 376.29%

Maximum Annual Current Ratio = 1.31

Minimum Annual Increase = -98.28%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.02-98.28%
20221.31376.29%

Feutune Light Acquisition Corporation (FLFV) Average Current Ratio

How has FLFV Current Ratio performed in the past?

The current Current Ratio of Feutune Light Acquisition Corporation (FLFV) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.45

5-year avg

0.45

10-year avg

0.45

Feutune Light Acquisition Corporation (FLFV) Current Ratio vs. Peers

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

Feutune Light Acquisition Corporation’s Current Ratio is less than Jupiter Acquisition Corporation (0), greater than Sound Point Acquisition Corp I, Ltd (0.13), less than XPAC Acquisition Corp. (105.58), greater than Newcourt Acquisition Corp (0.24), greater than Western Acquisition Ventures Corp. (0.01), greater than Aetherium Acquisition Corp. (0.08), less than null (2.00),

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