Lakeshore Acquisition II Corp.

Lakeshore Acquisition II Corp.verified

LBBBW

Price:

$0.0492

Market Cap:

$10.76M

Lakeshore Acquisition II Corp. focuses on entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization, or similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-04-14

Stock Exchange

NASDAQ

Ticker

LBBBW

The Current Ratio as of December 2024 (TTM) for Lakeshore Acquisition II Corp. (LBBBW) is 9.99

According to Lakeshore Acquisition II Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 9.99. This represents a change of -33.63% compared to the average of 15.05 of the last 4 quarters.

Lakeshore Acquisition II Corp. (LBBBW) Historical Current Ratio (quarterly & annually)

How has LBBBW Current Ratio performed in the past?

The mean historical Current Ratio of Lakeshore Acquisition II Corp. over the last ten years is 13.38. The current 9.99 Current Ratio has changed 7.37% with respect to the historical average. Over the past ten years (40 quarters), LBBBW's Current Ratio was at its highest in in the March 2022 quarter at 28.88. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

13.38

Median

13.38

Minimum

0.83

Maximum

25.93

Lakeshore Acquisition II Corp. (LBBBW) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lakeshore Acquisition II 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 = 3.03%

Maximum Annual Current Ratio = 25.93

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.83

Quarterly (TTM)
Annual
YearCurrent RatioChange
202225.933.03%

Lakeshore Acquisition II Corp. (LBBBW) Average Current Ratio

How has LBBBW Current Ratio performed in the past?

The current Current Ratio of Lakeshore Acquisition II Corp. (LBBBW) 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

13.38

5-year avg

13.38

10-year avg

13.38

Lakeshore Acquisition II Corp. (LBBBW) Current Ratio vs. Peers

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

Lakeshore Acquisition II Corp.’s Current Ratio is less than Lakeshore Acquisition II Corp. (9.99), greater than LIV Capital Acquisition Corp. II (0.03), greater than GSR II Meteora Acquisition Corp. (0.91), greater than Liberty Resources Acquisition Corp. (0.01), less than Fat Projects Acquisition Corp (20.33),

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