Redwoods Acquisition Corp.

Redwoods Acquisition Corp.verified

RWODU

Price:

$3.24

Market Cap:

$12.09M

Redwoods Acquisition Corp. focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. In intends to focus on businesses in the carbon neutral and energy storage industries. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2022-03-31

Stock Exchange

NASDAQ

Ticker

RWODU

The Current Ratio as of November 2024 (TTM) for Redwoods Acquisition Corp. (RWODU) is 0.00

According to Redwoods Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of -96.91% compared to the average of 0.10 of the last 4 quarters.

Redwoods Acquisition Corp. (RWODU) Historical Current Ratio (quarterly & annually)

How has RWODU Current Ratio performed in the past?

The mean historical Current Ratio of Redwoods Acquisition Corp. over the last ten years is 0.51. The current 0.00 Current Ratio has changed -39.19% with respect to the historical average. Over the past ten years (40 quarters), RWODU's Current Ratio was at its highest in in the June 2022 quarter at 9.60. The Current Ratio was at its lowest in in the June 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.51

Median

0.58

Minimum

0.09

Maximum

0.87

Redwoods Acquisition Corp. (RWODU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Redwoods 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 = 49.43%

Maximum Annual Current Ratio = 0.87

Minimum Annual Increase = -90.08%

Minimum Annual Current Ratio = 0.09

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.09-90.08%
20220.8749.43%

Redwoods Acquisition Corp. (RWODU) Average Current Ratio

How has RWODU Current Ratio performed in the past?

The current Current Ratio of Redwoods Acquisition Corp. (RWODU) 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

0.51

5-year avg

0.51

10-year avg

0.51

Redwoods Acquisition Corp. (RWODU) Current Ratio vs. Peers

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

Redwoods Acquisition Corp.’s Current Ratio is less than Signal Hill Acquisition Corp. (1.16), less than Metal Sky Star Acquisition Corporation (0.01), less than RF Acquisition Corp. (0.17), less than Sound Point Acquisition Corp I, Ltd (105.58), less than Patria Latin American Opportunity Acquisition Corp. (5.29),

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