Pontem Corporation

Pontem Corporationverified

PNTM

Price:

$10.37

Market Cap:

$441.73M

Pontem Corporation does not have significant operations. The company 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 global and regional consumer brands businesses. Pontem Corporation was incorporated in 2020 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-03-05

Stock Exchange

NYSE

Ticker

PNTM

The Current Ratio as of September 2024 (TTM) for Pontem Corporation (PNTM) is 0.16

According to Pontem Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.16. This represents a change of -11.25% compared to the average of 0.18 of the last 4 quarters.

Pontem Corporation (PNTM) Historical Current Ratio (quarterly & annually)

How has PNTM Current Ratio performed in the past?

The mean historical Current Ratio of Pontem Corporation over the last ten years is 0.22. The current 0.16 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), PNTM's Current Ratio was at its highest in in the March 2021 quarter at 4.97. The Current Ratio was at its lowest in in the December 2020 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.22

Median

0.13

Minimum

0.01

Maximum

0.54

Pontem Corporation (PNTM) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Pontem 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 = 5.74%

Maximum Annual Current Ratio = 0.54

Minimum Annual Increase = -75.91%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.13-75.91%
20210.545.74%

Pontem Corporation (PNTM) Average Current Ratio

How has PNTM Current Ratio performed in the past?

The current Current Ratio of Pontem Corporation (PNTM) 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

0.22

5-year avg

0.22

10-year avg

0.22

Pontem Corporation (PNTM) Current Ratio vs. Peers

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

Pontem Corporation’s Current Ratio is greater than Jaws Mustang Acquisition Corporation (0.02), less than TLG Acquisition One Corp. (2.42), greater than Quantum FinTech Acquisition Corporation (0.07), greater than Apollo Strategic Growth Capital II (0.04), less than CC Neuberger Principal Holdings III (0.23), greater than Screaming Eagle Acquisition Corp. (0.02),

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