Noble Rock Acquisition Corporation

Noble Rock Acquisition Corporationverified

NRAC

Price:

$11

Market Cap:

$87.43M

Noble Rock Acquisition Corporation 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 in the software and tech-enabled services sectors. The company was incorporated in 2020 and is based in Wilmington, Delaware.[Read more]

Industry

Shell Companies

IPO Date

2021-04-01

Stock Exchange

NASDAQ

Ticker

NRAC

The Current Ratio as of December 2024 (TTM) for Noble Rock Acquisition Corporation (NRAC) is 0.06

According to Noble Rock Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.06. This represents a change of -87.75% compared to the average of 0.50 of the last 4 quarters.

Noble Rock Acquisition Corporation (NRAC) Historical Current Ratio (quarterly & annually)

How has NRAC Current Ratio performed in the past?

The mean historical Current Ratio of Noble Rock Acquisition Corporation over the last ten years is 3.59. The current 0.06 Current Ratio has changed 72.09% with respect to the historical average. Over the past ten years (40 quarters), NRAC's Current Ratio was at its highest in in the March 2022 quarter at 23.51. The Current Ratio was at its lowest in in the September 2023 quarter at 0.06.

Quarterly (TTM)
Annual

Average

3.59

Median

1.02

Minimum

0.02

Maximum

9.74

Noble Rock Acquisition Corporation (NRAC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Noble Rock Acquisition Corporation 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 = 46.33%

Maximum Annual Current Ratio = 9.74

Minimum Annual Increase = -89.54%

Minimum Annual Current Ratio = 0.02

Quarterly (TTM)
Annual
YearCurrent RatioChange
20221.02-89.54%
20219.7446.33%

Noble Rock Acquisition Corporation (NRAC) Average Current Ratio

How has NRAC Current Ratio performed in the past?

The current Current Ratio of Noble Rock Acquisition Corporation (NRAC) 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

3.59

5-year avg

3.59

10-year avg

3.59

Noble Rock Acquisition Corporation (NRAC) Current Ratio vs. Peers

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

Noble Rock Acquisition Corporation’s Current Ratio is greater than TenX Keane Acquisition Ordinary Share (0.01), greater than Embrace Change Acquisition Corp. (0.01), less than Home Plate Acquisition Corp. (1.44), greater than Bannix Acquisition Corp. (0.05), less than Global Blockchain Acquisition Corp. (0), less than null (0.19),

Build a custom stock screener for Noble Rock Acquisition Corporation (NRAC) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Noble Rock Acquisition Corporation using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Noble Rock Acquisition Corporation (NRAC) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Noble Rock Acquisition Corporation or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the Current Ratio?

How can you use the Current Ratio?

What is Noble Rock Acquisition Corporation's Current Ratio?

How is the Current Ratio calculated for Noble Rock Acquisition Corporation (NRAC)?

What is the highest Current Ratio for Noble Rock Acquisition Corporation (NRAC)?

What is the 3-year average Current Ratio for Noble Rock Acquisition Corporation (NRAC)?

What is the 5-year average Current Ratio for Noble Rock Acquisition Corporation (NRAC)?

How does the current Current Ratio for Noble Rock Acquisition Corporation (NRAC) compare to its historical average?