Nabors Energy Transition Corp.

Nabors Energy Transition Corp.verified

NETC

Price:

$11

Market Cap:

$184.26M

Nabors Energy Transition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire companies in the alternative energy, energy storage, emissions reduction, and carbon capture sectors. The company was incorporated in 2021 and is based in Houston, Texas.[Read more]

Industry

Shell Companies

IPO Date

2022-01-10

Stock Exchange

NYSE

Ticker

NETC

The Current Ratio as of December 2024 (TTM) for Nabors Energy Transition Corp. (NETC) is 0.04

According to Nabors Energy Transition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.04. This represents a change of -94.92% compared to the average of 0.73 of the last 4 quarters.

Nabors Energy Transition Corp. (NETC) Historical Current Ratio (quarterly & annually)

How has NETC Current Ratio performed in the past?

The mean historical Current Ratio of Nabors Energy Transition Corp. over the last ten years is 2.77. The current 0.04 Current Ratio has changed 32.91% with respect to the historical average. Over the past ten years (40 quarters), NETC's Current Ratio was at its highest in in the March 2022 quarter at 7.31. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

2.77

Median

2.77

Minimum

2.53

Maximum

3.02

Nabors Energy Transition Corp. (NETC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Nabors Energy Transition 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 = 3.02

Minimum Annual Increase = -16.32%

Minimum Annual Current Ratio = 2.53

Quarterly (TTM)
Annual
YearCurrent RatioChange
20222.53-16.32%

Nabors Energy Transition Corp. (NETC) Average Current Ratio

How has NETC Current Ratio performed in the past?

The current Current Ratio of Nabors Energy Transition Corp. (NETC) 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

2.77

5-year avg

2.77

10-year avg

2.77

Nabors Energy Transition Corp. (NETC) Current Ratio vs. Peers

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

Nabors Energy Transition Corp.’s Current Ratio is greater than Green Planet Bioengineering Co Ltd (0), greater than Opus Magnum Ameris, Inc. (0.00), less than Generation Asia I Acquisition Limited (0.06), less than Azure Holding Group Corp. (75.68), greater than Four Leaf Acquisition Corporation (0.02), greater than Continental Beverage Brands Corporation (0), less than Jackson Acquisition Company (0.53),

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