Cartesian Growth Corporation II

Cartesian Growth Corporation IIverified

RENE

Price:

$11.55

Market Cap:

$249.72M

Cartesian Growth Corporation II focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-07-08

Stock Exchange

NASDAQ

Ticker

RENE

The Current Ratio as of November 2024 (TTM) for Cartesian Growth Corporation II (RENE) is 0.07

According to Cartesian Growth Corporation II’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of -65.18% compared to the average of 0.21 of the last 4 quarters.

Cartesian Growth Corporation II (RENE) Historical Current Ratio (quarterly & annually)

How has RENE Current Ratio performed in the past?

The mean historical Current Ratio of Cartesian Growth Corporation II over the last ten years is 1.37. The current 0.07 Current Ratio has changed 433.94% with respect to the historical average. Over the past ten years (40 quarters), RENE's Current Ratio was at its highest in in the June 2022 quarter at 5.24. The Current Ratio was at its lowest in in the December 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

1.37

Median

0.22

Minimum

0

Maximum

3.88

Cartesian Growth Corporation II (RENE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Cartesian Growth Corporation II 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 = Infinity%

Maximum Annual Current Ratio = 3.88

Minimum Annual Increase = -94.45%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.22-94.45%
20223.88Infinity%

Cartesian Growth Corporation II (RENE) Average Current Ratio

How has RENE Current Ratio performed in the past?

The current Current Ratio of Cartesian Growth Corporation II (RENE) 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

1.37

5-year avg

1.37

10-year avg

1.37

Cartesian Growth Corporation II (RENE) Current Ratio vs. Peers

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

Cartesian Growth Corporation II’s Current Ratio is greater than Pyrophyte Acquisition Corp. (0.05), greater than Rigel Resource Acquisition Corp. (0.05), greater than Berenson Acquisition Corp. I (0.01), less than Sculptor Acquisition Corp I (0), less than TenX Keane Acquisition Ordinary Share (9.62), greater than Embrace Change Acquisition Corp. (0.01), greater than Home Plate Acquisition Corp. (0.05), less than Bannix Acquisition Corp. (0.18), greater than Noble Rock Acquisition Corporation (0.01), greater than Global Blockchain Acquisition Corp. (0.06), less than null (0.16),

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