Qomolangma Acquisition Corp.

Qomolangma Acquisition Corp.verified

QOMO

Price:

$11.45

Market Cap:

$28.63M

Qomolangma Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to acquire businesses in the Internet and high technology, financial technology, clean energy, agriculture machinery, health care, consumer and retail, energy and resources, food processing, manufacturing, and education sectors primarily in Asian markets. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-11-25

Stock Exchange

NASDAQ

Ticker

QOMO

The Current Ratio as of November 2024 (TTM) for Qomolangma Acquisition Corp. (QOMO) is 0.01

According to Qomolangma Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -10.91% compared to the average of 0.02 of the last 4 quarters.

Qomolangma Acquisition Corp. (QOMO) Historical Current Ratio (quarterly & annually)

How has QOMO Current Ratio performed in the past?

The mean historical Current Ratio of Qomolangma Acquisition Corp. over the last ten years is 0.59. The current 0.01 Current Ratio has changed 130.88% with respect to the historical average. Over the past ten years (40 quarters), QOMO's Current Ratio was at its highest in in the December 2022 quarter at 1.16. The Current Ratio was at its lowest in in the June 2023 quarter at 0.01.

Quarterly (TTM)
Annual

Average

0.59

Median

0.58

Minimum

0.03

Maximum

1.16

Qomolangma Acquisition Corp. (QOMO) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Qomolangma 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 = 100.67%

Maximum Annual Current Ratio = 1.16

Minimum Annual Increase = -97.67%

Minimum Annual Current Ratio = 0.03

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.03-97.67%
20221.16100.67%

Qomolangma Acquisition Corp. (QOMO) Average Current Ratio

How has QOMO Current Ratio performed in the past?

The current Current Ratio of Qomolangma Acquisition Corp. (QOMO) 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

0.59

5-year avg

0.59

10-year avg

0.59

Qomolangma Acquisition Corp. (QOMO) Current Ratio vs. Peers

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

Qomolangma Acquisition Corp.’s Current Ratio is less than Patria Latin American Opportunity Acquisition Corp. (5.29), less than Vision Sensing Acquisition Corp. (0.15), greater than Redwoods Acquisition Corp. (0.00), greater than Liberty Resources Acquisition Corp. (0.01), less than PHP Ventures Acquisition Corp. (1.31), less than FutureTech II Acquisition Corp. (0.30), less than Capitalworks Emerging Markets Acquisition Corp (0.06), less than Capitalworks Emerging Markets Acquisition Corp (0), less than null (0.06),

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