Innovative International Acquisition Corp.

Innovative International Acquisition Corp.verified

IOACU

Price:

$9.61

Market Cap:

$100.74M

Innovative International Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business transaction with one or more businesses in consumer technology, healthcare, information technology services, and enterprise software as a service. The company was incorporated in 2021 and is based in Dana Point, California.[Read more]

Industry

Shell Companies

IPO Date

2021-10-27

Stock Exchange

NASDAQ

Ticker

IOACU

The Current Ratio as of December 2024 (TTM) for Innovative International Acquisition Corp. (IOACU) is 0.37

According to Innovative International Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.37. This represents a change of 254.83% compared to the average of 0.11 of the last 4 quarters.

Innovative International Acquisition Corp. (IOACU) Historical Current Ratio (quarterly & annually)

How has IOACU Current Ratio performed in the past?

The mean historical Current Ratio of Innovative International Acquisition Corp. over the last ten years is 0.03. The current 0.37 Current Ratio has changed 117.28% with respect to the historical average. Over the past ten years (40 quarters), IOACU's Current Ratio was at its highest in in the December 2021 quarter at 6.91. The Current Ratio was at its lowest in in the April 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.03

Median

0.03

Minimum

0.03

Maximum

0.03

Innovative International Acquisition Corp. (IOACU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Innovative International Acquisition 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 = 0.03

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.030%

Innovative International Acquisition Corp. (IOACU) Average Current Ratio

How has IOACU Current Ratio performed in the past?

The current Current Ratio of Innovative International Acquisition Corp. (IOACU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.03

5-year avg

0.03

10-year avg

0.03

Innovative International Acquisition Corp. (IOACU) Current Ratio vs. Peers

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

Innovative International Acquisition Corp.’s Current Ratio is

CompanyCurrent RatioMarket cap

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