Target Global Acquisition I Corp.

Target Global Acquisition I Corp.verified

TGAA

Price:

$11.26

Market Cap:

$80.27M

Target Global Acquisition I Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus on the consumer internet, mobility, and financial technology sectors. The company was incorporated in 2021 and is based in Grand Cayman, the Cayman Islands.[Read more]

Industry

Shell Companies

IPO Date

2022-02-01

Stock Exchange

NASDAQ

Ticker

TGAA

The Current Ratio as of September 2024 (TTM) for Target Global Acquisition I Corp. (TGAA) is 0.02

According to Target Global Acquisition I Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -6.42% compared to the average of 0.03 of the last 4 quarters.

Target Global Acquisition I Corp. (TGAA) Historical Current Ratio (quarterly & annually)

How has TGAA Current Ratio performed in the past?

The mean historical Current Ratio of Target Global Acquisition I Corp. over the last ten years is 0.91. The current 0.02 Current Ratio has changed 168.03% with respect to the historical average. Over the past ten years (40 quarters), TGAA's Current Ratio was at its highest in in the December 2021 quarter at 2.07. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

0.91

Median

0.64

Minimum

0.01

Maximum

2.07

Target Global Acquisition I Corp. (TGAA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Target Global Acquisition I 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 = 0%

Maximum Annual Current Ratio = 2.07

Minimum Annual Increase = -98.48%

Minimum Annual Current Ratio = 0.01

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.01-98.48%
20220.64-68.89%

Target Global Acquisition I Corp. (TGAA) Average Current Ratio

How has TGAA Current Ratio performed in the past?

The current Current Ratio of Target Global Acquisition I Corp. (TGAA) 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

0.91

5-year avg

0.91

10-year avg

0.91

Target Global Acquisition I Corp. (TGAA) Current Ratio vs. Peers

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

Target Global Acquisition I Corp.’s Current Ratio is less than Patria Latin American Opportunity Acquisition Corp. (5.22), less than Phoenix Biotech Acquisition Corp. (1.76), greater than Power & Digital Infrastructure Acquisition II Corp. (0.01), less than Stratim Cloud Acquisition Corp. (0.06), less than Healthcare AI Acquisition Corp. (0), greater than OPY Acquisition Corp. I (0.00), less than null (0.12),

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