Quantum FinTech Acquisition Corporation

Quantum FinTech Acquisition Corporationverified

QFTA

Price:

$10.26

Market Cap:

$103.44M

Quantum FinTech Acquisition Corporation does not have significant operations. The company intends to effect a merger, capital share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. Quantum FinTech Acquisition Corporation was incorporated in 2020 and is based in Tampa, Florida.[Read more]

Industry

Shell Companies

IPO Date

2021-03-10

Stock Exchange

NYSE

Ticker

QFTA

The Current Ratio as of September 2024 (TTM) for Quantum FinTech Acquisition Corporation (QFTA) is 0.07

According to Quantum FinTech Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -34.46% compared to the average of 0.11 of the last 4 quarters.

Quantum FinTech Acquisition Corporation (QFTA) Historical Current Ratio (quarterly & annually)

How has QFTA Current Ratio performed in the past?

The mean historical Current Ratio of Quantum FinTech Acquisition Corporation over the last ten years is 0.14. The current 0.07 Current Ratio has changed 4.97% with respect to the historical average. Over the past ten years (40 quarters), QFTA's Current Ratio was at its highest in in the March 2021 quarter at 7.11. The Current Ratio was at its lowest in in the December 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.14

Median

0.15

Minimum

0.03

Maximum

0.24

Quantum FinTech Acquisition Corporation (QFTA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Quantum FinTech Acquisition 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 = 0%

Maximum Annual Current Ratio = 0.24

Minimum Annual Increase = -80.91%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.03-80.91%
20210.15-35.40%

Quantum FinTech Acquisition Corporation (QFTA) Average Current Ratio

How has QFTA Current Ratio performed in the past?

The current Current Ratio of Quantum FinTech Acquisition Corporation (QFTA) 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

0.14

5-year avg

0.14

10-year avg

0.14

Quantum FinTech Acquisition Corporation (QFTA) Current Ratio vs. Peers

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

Quantum FinTech Acquisition Corporation’s Current Ratio is less than Pontem Corporation (0.16), greater than Jaws Mustang Acquisition Corporation (0.02), less than TLG Acquisition One Corp. (2.42), 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), less than null (0), less than null (0),

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