Magnum Opus Acquisition Limited

Magnum Opus Acquisition Limitedverified

OPA

Price:

$10.795

Market Cap:

$125.17M

Magnum Opus Acquisition Limited does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or related business combination with one or more businesses. The company was founded in 2021 and is based in Central, Hong Kong.[Read more]

Industry

Shell Companies

IPO Date

2021-05-18

Stock Exchange

NYSE

Ticker

OPA

The Current Ratio as of November 2024 (TTM) for Magnum Opus Acquisition Limited (OPA) is 0.13

According to Magnum Opus Acquisition Limited’s latest financial reports and current stock price. The company's current Current Ratio is 0.13. This represents a change of 154.12% compared to the average of 0.05 of the last 4 quarters.

Magnum Opus Acquisition Limited (OPA) Historical Current Ratio (quarterly & annually)

How has OPA Current Ratio performed in the past?

The mean historical Current Ratio of Magnum Opus Acquisition Limited over the last ten years is 0.16. The current 0.13 Current Ratio has changed 8.20% with respect to the historical average. Over the past ten years (40 quarters), OPA's Current Ratio was at its highest in in the September 2021 quarter at 33.28. The Current Ratio was at its lowest in in the January 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.16

Median

0.16

Minimum

0.13

Maximum

0.19

Magnum Opus Acquisition Limited (OPA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Magnum Opus Acquisition Limited 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 = 0.19

Minimum Annual Increase = -29.07%

Minimum Annual Current Ratio = 0.13

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.13-29.07%

Magnum Opus Acquisition Limited (OPA) Average Current Ratio

How has OPA Current Ratio performed in the past?

The current Current Ratio of Magnum Opus Acquisition Limited (OPA) 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

0.16

5-year avg

0.16

10-year avg

0.16

Magnum Opus Acquisition Limited (OPA) Current Ratio vs. Peers

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

Magnum Opus Acquisition Limited’s Current Ratio is greater than LAMF Global Ventures Corp. I (0.03), less than Genesis Unicorn Capital Corp. (0.22), less than Conyers Park III Acquisition Corp. (2.22), less than Industrial Tech Acquisitions II, Inc. (0.69), greater than Energem Corp. (0.07), less than Digital Transformation Opportunities Corp. (1.36),

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