LatAmGrowth SPAC

LatAmGrowth SPACverified

LATG

Price:

$11.5

Market Cap:

$82.71M

LatAmGrowth SPAC 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 for an initial business combination on businesses in Latin America or Hispanic-owned businesses in the United States. LatAmGrowth SPAC was incorporated in 2021 and is based in Mexico City, Mexico.[Read more]

Industry

Shell Companies

IPO Date

2022-03-21

Stock Exchange

NASDAQ

Ticker

LATG

The Current Ratio as of September 2024 (TTM) for LatAmGrowth SPAC (LATG) is 0.02

According to LatAmGrowth SPAC’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -85.39% compared to the average of 0.12 of the last 4 quarters.

LatAmGrowth SPAC (LATG) Historical Current Ratio (quarterly & annually)

How has LATG Current Ratio performed in the past?

The mean historical Current Ratio of LatAmGrowth SPAC over the last ten years is 0.87. The current 0.02 Current Ratio has changed 102.31% with respect to the historical average. Over the past ten years (40 quarters), LATG's Current Ratio was at its highest in in the March 2022 quarter at 14.80. The Current Ratio was at its lowest in in the May 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.87

Median

0.00

Minimum

0

Maximum

2.61

LatAmGrowth SPAC (LATG) Current Ratio by Quarter and Year

Discovering the peaks and valleys of LatAmGrowth SPAC 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 = Infinity%

Maximum Annual Current Ratio = 2.61

Minimum Annual Increase = -99.93%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.00-99.93%
20222.61Infinity%

LatAmGrowth SPAC (LATG) Average Current Ratio

How has LATG Current Ratio performed in the past?

The current Current Ratio of LatAmGrowth SPAC (LATG) 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

0.87

5-year avg

0.87

10-year avg

0.87

LatAmGrowth SPAC (LATG) Current Ratio vs. Peers

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

LatAmGrowth SPAC’s Current Ratio is greater than OCA Acquisition Corp. (0.01), greater than Portage Fintech Acquisition Corporation (0.01), greater than Swiftmerge Acquisition Corp. (0.01), less than Four Leaf Acquisition Corporation (0.02), less than A SPAC II Acquisition Corporation (1.13), less than LIV Capital Acquisition Corp. II (0.02), greater than IX Acquisition Corp. (0.01), less than DHC Acquisition Corp. (0.19), greater than Viveon Health Acquisition Corp. (0.01), less than Senior Connect Acquisition Corp. I (0.06), greater than Project Energy Reimagined Acquisition Corp. (0.00), less than LIV Capital Acquisition Corp. II (0.02),

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Frequently asked questions❓

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What is the 3-year average Current Ratio for LatAmGrowth SPAC (LATG)?

What is the 5-year average Current Ratio for LatAmGrowth SPAC (LATG)?

How does the current Current Ratio for LatAmGrowth SPAC (LATG) compare to its historical average?