InFinT Acquisition Corporation

InFinT Acquisition Corporationverified

IFIN

Price:

$6.28

Market Cap:

$66.42M

InFinT Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on businesses in financial technology sections in North America, Asia, Latin America, Europe, and Israel. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-01-12

Stock Exchange

NYSE

Ticker

IFIN

The Current Ratio as of September 2024 (TTM) for InFinT Acquisition Corporation (IFIN) is 0.00

According to InFinT Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of -79.77% compared to the average of 0.01 of the last 4 quarters.

InFinT Acquisition Corporation (IFIN) Historical Current Ratio (quarterly & annually)

How has IFIN Current Ratio performed in the past?

The mean historical Current Ratio of InFinT Acquisition Corporation over the last ten years is 7.16. The current 0.00 Current Ratio has changed -97.74% with respect to the historical average. Over the past ten years (40 quarters), IFIN's Current Ratio was at its highest in in the December 2021 quarter at 21.34. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

7.16

Median

0.13

Minimum

0.01

Maximum

21.34

InFinT Acquisition Corporation (IFIN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of InFinT 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 = 0%

Maximum Annual Current Ratio = 21.34

Minimum Annual Increase = -99.40%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.01-92.56%
20220.13-99.40%

InFinT Acquisition Corporation (IFIN) Average Current Ratio

How has IFIN Current Ratio performed in the past?

The current Current Ratio of InFinT Acquisition Corporation (IFIN) 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

7.16

5-year avg

7.16

10-year avg

7.16

InFinT Acquisition Corporation (IFIN) Current Ratio vs. Peers

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

InFinT Acquisition Corporation’s Current Ratio is less than Energem Corp. (0.07), less than Newbury Street Acquisition Corporation (0.06), less than HH&L Acquisition Co. (0.03), less than CF Acquisition Corp. VIII (0.72), less than Moringa Acquisition Corp (1.75), less than ESGEN Acquisition Corporation (0.04), less than Armada Acquisition Corp. I (0.01), less than Financial Strategies Acquisition Corp. (4.34), less than Valuence Merger Corp. I (0.02), less than Kernel Group Holdings, Inc. (0.01), less than American Acquisition Opportunity Inc. (0), less than Arogo Capital Acquisition Corp. (0.09), less than Altimar Acquisition Corp. III (0), less than OceanTech Acquisitions I Corp. (0), less than Kernel Group Holdings, Inc. (0.02), less than null (0.01),

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