OLIT
Price:
$8.44
Market Cap:
$51.82M
OmniLit Acquisition Corp. 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 focus on transactions with companies and/or assets within the photonics or optics, and related sectors. The company was incorporated in 2021 and is based in Miami Beach, Florida.[Read more]
Industry
Shell Companies
IPO Date
2022-01-26
Stock Exchange
NASDAQ
Ticker
OLIT
According to OmniLit Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.32. This represents a change of -62.66% compared to the average of 0.85 of the last 4 quarters.
The mean historical Current Ratio of OmniLit Acquisition Corp. over the last ten years is 2.75. The current 0.32 Current Ratio has changed 1.06% with respect to the historical average. Over the past ten years (40 quarters), OLIT's Current Ratio was at its highest in in the March 2022 quarter at 5.38. The Current Ratio was at its lowest in in the June 2021 quarter at 0.25.
Average
2.75
Median
2.75
Minimum
2.23
Maximum
3.27
Discovering the peaks and valleys of OmniLit 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 = 3.27
Minimum Annual Increase = -31.81%
Minimum Annual Current Ratio = 2.23
Year | Current Ratio | Change |
---|---|---|
2022 | 2.23 | -31.81% |
The current Current Ratio of OmniLit Acquisition Corp. (OLIT) 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
2.75
5-year avg
2.75
10-year avg
2.75
OmniLit Acquisition Corp.’s Current Ratio is less than Concord Acquisition Corp III (0), less than DP Cap Acquisition Corp I (0.45), greater than OCA Acquisition Corp. (0.22), greater than Kingswood Acquisition Corp. (0.00), less than Insight Acquisition Corp. (0), greater than Kingswood Acquisition Corp. (0.01), greater than ClimateRock (0.07), greater than Digital Health Acquisition Corp. (0.01), greater than ESGEN Acquisition Corporation (0.00), greater than Enterprise 4.0 Technology Acquisition Corp. (0.00), less than null (0), greater than null (0.04), less than null (9.02),
Company | Current Ratio | Market cap |
---|---|---|
0 | $82.69M | |
0.45 | $91.35M | |
0.22 | $76.12M | |
0.00 | $46.19M | |
0 | $70.67M | |
0.01 | $46.19M | |
0.07 | $53.03M | |
0.01 | $43.64M | |
0.00 | $48.59M | |
0.00 | $159.69M | |
0 | $0 | |
0.04 | $0 | |
9.02 | $0 |
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