Priveterra Acquisition Corp.

Priveterra Acquisition Corp.verified

PMGMU

Price:

$10.96

Market Cap:

$27.29M

Priveterra Acquisition 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 medical technology sector. The company was incorporated in 2020 and is based in Fort Lauderdale, Florida.[Read more]

Industry

Shell Companies

IPO Date

2021-02-09

Stock Exchange

NASDAQ

Ticker

PMGMU

The Current Ratio as of September 2024 (TTM) for Priveterra Acquisition Corp. (PMGMU) is 0.39

According to Priveterra Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.39. This represents a change of -11.14% compared to the average of 0.43 of the last 4 quarters.

Priveterra Acquisition Corp. (PMGMU) Historical Current Ratio (quarterly & annually)

How has PMGMU Current Ratio performed in the past?

The mean historical Current Ratio of Priveterra Acquisition Corp. over the last ten years is 2.42. The current 0.39 Current Ratio has changed 1.49% with respect to the historical average. Over the past ten years (40 quarters), PMGMU's Current Ratio was at its highest in in the December 2020 quarter at 4.85. The Current Ratio was at its lowest in in the September 2022 quarter at 0.

Quarterly (TTM)
Annual

Average

2.42

Median

0.48

Minimum

0.12

Maximum

6.41

Priveterra Acquisition Corp. (PMGMU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Priveterra 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 = 300.21%

Maximum Annual Current Ratio = 6.41

Minimum Annual Increase = -94.90%

Minimum Annual Current Ratio = 0.12

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.48300.21%
20220.12-51.91%
20210.25-94.90%
20204.85-24.26%

Priveterra Acquisition Corp. (PMGMU) Average Current Ratio

How has PMGMU Current Ratio performed in the past?

The current Current Ratio of Priveterra Acquisition Corp. (PMGMU) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.28

5-year avg

2.42

10-year avg

2.42

Priveterra Acquisition Corp. (PMGMU) Current Ratio vs. Peers

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

Priveterra Acquisition Corp.’s Current Ratio is greater than RMG Acquisition Corp. III (0.05), greater than Noble Rock Acquisition Corporation (0.06), greater than Sustainable Development Acquisition I Corp. (0.19), greater than Goal Acquisitions Corp. (0.11), greater than Kernel Group Holdings, Inc. (0.01),

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