Patria Latin American Opportunity Acquisition Corp.

Patria Latin American Opportunity Acquisition Corp.verified

PLAO

Price:

$11.63

Market Cap:

$119.69M

Patria Latin American Opportunity Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. It intends to focus its search on companies in the healthcare, food and beverage, logistics, agribusiness, education, and financial services sectors primarily in Latin America. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.[Read more]

Industry

Shell Companies

IPO Date

2022-05-04

Stock Exchange

NASDAQ

Ticker

PLAO

The Current Ratio as of December 2024 (TTM) for Patria Latin American Opportunity Acquisition Corp. (PLAO) is 5.29

According to Patria Latin American Opportunity Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 5.29. This represents a change of -63.10% compared to the average of 14.35 of the last 4 quarters.

Patria Latin American Opportunity Acquisition Corp. (PLAO) Historical Current Ratio (quarterly & annually)

How has PLAO Current Ratio performed in the past?

The mean historical Current Ratio of Patria Latin American Opportunity Acquisition Corp. over the last ten years is 16.34. The current 5.29 Current Ratio has changed 3.14% with respect to the historical average. Over the past ten years (40 quarters), PLAO's Current Ratio was at its highest in in the December 2023 quarter at 25.96. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

16.34

Median

23.07

Minimum

0.00

Maximum

25.96

Patria Latin American Opportunity Acquisition Corp. (PLAO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Patria Latin American Opportunity 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 = 3.48%

Maximum Annual Current Ratio = 25.96

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
202325.9612.54%
202223.073.48%

Patria Latin American Opportunity Acquisition Corp. (PLAO) Average Current Ratio

How has PLAO Current Ratio performed in the past?

The current Current Ratio of Patria Latin American Opportunity Acquisition Corp. (PLAO) 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

16.34

5-year avg

16.34

10-year avg

16.34

Patria Latin American Opportunity Acquisition Corp. (PLAO) Current Ratio vs. Peers

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

Patria Latin American Opportunity Acquisition Corp.’s Current Ratio is greater than PHP Ventures Acquisition Corp. (1.31), greater than Redwoods Acquisition Corp. (0.00), greater than FutureTech II Acquisition Corp. (0.30), greater than Capitalworks Emerging Markets Acquisition Corp (0.06), greater than Qomolangma Acquisition Corp. (0.01), greater than Vision Sensing Acquisition Corp. (0.15), greater than Liberty Resources Acquisition Corp. (0.01), less than Capitalworks Emerging Markets Acquisition Corp (0), greater than null (0.06),

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