ITAQU
Price:
$10.74
Market Cap:
$61.99M
Industrial Tech Acquisitions II, Inc. 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 its search on targets operating in the technology-focused areas, including software, mobile and IoT applications, digital and energy transformation, cloud, and cyber communications, as well as high bandwidth services, including LTE, remote sensing, and 5G communications. The company was incorporated in 2021 and is based in Houston, Texas.[Read more]
Industry
Shell Companies
IPO Date
2022-01-12
Stock Exchange
NASDAQ
Ticker
ITAQU
According to Industrial Tech Acquisitions II, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.22. This represents a change of -72.20% compared to the average of 0.81 of the last 4 quarters.
The mean historical Current Ratio of Industrial Tech Acquisitions II, Inc. over the last ten years is 0.39. The current 0.22 Current Ratio has changed 5.62% with respect to the historical average. Over the past ten years (40 quarters), ITAQU's Current Ratio was at its highest in in the March 2022 quarter at 7.54. The Current Ratio was at its lowest in in the March 2021 quarter at 0.
Average
0.39
Median
0.39
Minimum
0.09
Maximum
0.69
Discovering the peaks and valleys of Industrial Tech Acquisitions II, 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 = 657.47%
Maximum Annual Current Ratio = 0.69
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0.09
Year | Current Ratio | Change |
---|---|---|
2022 | 0.69 | 657.47% |
The current Current Ratio of Industrial Tech Acquisitions II, Inc. (ITAQU) 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
0.39
5-year avg
0.39
10-year avg
0.39
Industrial Tech Acquisitions II, Inc.’s Current Ratio is less than Signal Hill Acquisition Corp. (0.84), greater than A SPAC I Acquisition Corp. (0.02), greater than Cartica Acquisition Corp (0.02), less than Enterprise 4.0 Technology Acquisition Corp. (1.53), less than Keyarch Acquisition Corporation (3.28),
Company | Current Ratio | Market cap |
---|---|---|
0.84 | $128.37M | |
0.02 | $33.47M | |
0.02 | $92.27M | |
1.53 | $0 | |
3.28 | $24.59M |
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