Golden Arrow Merger Corp.

Golden Arrow Merger Corp.verified

GAMC

Price:

$9

Market Cap:

$68.63M

Golden Arrow Merger Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the healthcare or healthcare-related infrastructure industries in the United States and other developed countries. Golden Arrow Merger Corp. was incorporated in 2020 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-05-07

Stock Exchange

NASDAQ

Ticker

GAMC

The Current Ratio as of November 2024 (TTM) for Golden Arrow Merger Corp. (GAMC) is 0.02

According to Golden Arrow Merger Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -50.25% compared to the average of 0.05 of the last 4 quarters.

Golden Arrow Merger Corp. (GAMC) Historical Current Ratio (quarterly & annually)

How has GAMC Current Ratio performed in the past?

The mean historical Current Ratio of Golden Arrow Merger Corp. over the last ten years is 0.78. The current 0.02 Current Ratio has changed 204.04% with respect to the historical average. Over the past ten years (40 quarters), GAMC's Current Ratio was at its highest in in the March 2021 quarter at 9.44. The Current Ratio was at its lowest in in the June 2024 quarter at 0.02.

Quarterly (TTM)
Annual

Average

0.78

Median

0.72

Minimum

0.07

Maximum

1.55

Golden Arrow Merger Corp. (GAMC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Golden Arrow 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 = 1.55

Minimum Annual Increase = -90.20%

Minimum Annual Current Ratio = 0.07

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.07-90.20%
20220.72-53.75%

Golden Arrow Merger Corp. (GAMC) Average Current Ratio

How has GAMC Current Ratio performed in the past?

The current Current Ratio of Golden Arrow Merger Corp. (GAMC) 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

0.78

5-year avg

0.78

10-year avg

0.78

Golden Arrow Merger Corp. (GAMC) Current Ratio vs. Peers

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

Golden Arrow Merger Corp.’s Current Ratio is less than SHUAA Partners Acquisition Corp I (13.68), less than Nova Vision Acquisition Corporation (0.04), less than LAMF Global Ventures Corp. I (0.03), greater than PowerUp Acquisition Corp. (0.01), less than Mountain Crest Acquisition Corp. IV (3.66), less than Magnum Opus Acquisition Limited (0.13), less than Genesis Unicorn Capital Corp. (0.22), less than Digital Transformation Opportunities Corp. (1.36), less than Industrial Tech Acquisitions II, Inc. (0.69), less than Conyers Park III Acquisition Corp. (2.22),

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