Newcourt Acquisition Corp

Newcourt Acquisition Corpverified

NCAC

Price:

$4.79

Market Cap:

$42.09M

Newcourt Acquisition Corp does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2021 and is based in Oakland, California.[Read more]

Industry

Shell Companies

IPO Date

2021-12-10

Stock Exchange

NASDAQ

Ticker

NCAC

The Current Ratio as of September 2024 (TTM) for Newcourt Acquisition Corp (NCAC) is 0.01

According to Newcourt Acquisition Corp’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -68.06% compared to the average of 0.03 of the last 4 quarters.

Newcourt Acquisition Corp (NCAC) Historical Current Ratio (quarterly & annually)

How has NCAC Current Ratio performed in the past?

The mean historical Current Ratio of Newcourt Acquisition Corp over the last ten years is 7.13. The current 0.01 Current Ratio has changed -85.90% with respect to the historical average. Over the past ten years (40 quarters), NCAC's Current Ratio was at its highest in in the December 2021 quarter at 14.17. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

7.13

Median

7.13

Minimum

0.08

Maximum

14.17

Newcourt Acquisition Corp (NCAC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Newcourt 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 = 14.17

Minimum Annual Increase = -99.40%

Minimum Annual Current Ratio = 0.08

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.08-99.40%

Newcourt Acquisition Corp (NCAC) Average Current Ratio

How has NCAC Current Ratio performed in the past?

The current Current Ratio of Newcourt Acquisition Corp (NCAC) 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

7.13

5-year avg

7.13

10-year avg

7.13

Newcourt Acquisition Corp (NCAC) Current Ratio vs. Peers

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

Newcourt Acquisition Corp’s Current Ratio is less than Sound Point Acquisition Corp I, Ltd (0), less than Jupiter Acquisition Corporation (22.21), less than Western Acquisition Ventures Corp. (0.13), less than XPAC Acquisition Corp. (0.04), less than Feutune Light Acquisition Corporation (0.24), greater than null (0.00),

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