TLG Acquisition One Corp.

TLG Acquisition One Corp.verified

TLGA

Price:

$6.06

Market Cap:

$78.47M

TLG Acquisition One Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in West Palm Beach, Florida.[Read more]

Industry

Shell Companies

IPO Date

2021-03-22

Stock Exchange

NYSE

Ticker

TLGA

The Current Ratio as of September 2024 (TTM) for TLG Acquisition One Corp. (TLGA) is 2.42

According to TLG Acquisition One Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 2.42. This represents a change of 292.26% compared to the average of 0.62 of the last 4 quarters.

TLG Acquisition One Corp. (TLGA) Historical Current Ratio (quarterly & annually)

How has TLGA Current Ratio performed in the past?

The mean historical Current Ratio of TLG Acquisition One Corp. over the last ten years is 0.02. The current 2.42 Current Ratio has changed 1.18% with respect to the historical average. Over the past ten years (40 quarters), TLGA's Current Ratio was at its highest in in the March 2021 quarter at 6.02. The Current Ratio was at its lowest in in the December 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

0.02

Median

0.02

Minimum

0.00

Maximum

0.04

TLG Acquisition One Corp. (TLGA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TLG Acquisition One 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 = 2.50%

Maximum Annual Current Ratio = 0.04

Minimum Annual Increase = -64.11%

Minimum Annual Current Ratio = 0.00

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.02-64.11%
20210.042.50%

TLG Acquisition One Corp. (TLGA) Average Current Ratio

How has TLGA Current Ratio performed in the past?

The current Current Ratio of TLG Acquisition One Corp. (TLGA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.02

5-year avg

0.02

10-year avg

0.02

TLG Acquisition One Corp. (TLGA) Current Ratio vs. Peers

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

TLG Acquisition One Corp.’s Current Ratio is greater than Pontem Corporation (0.16), greater than Jaws Mustang Acquisition Corporation (0.02), greater than Quantum FinTech Acquisition Corporation (0.07), greater than Apollo Strategic Growth Capital II (0.04), greater than CC Neuberger Principal Holdings III (0.23), greater than Screaming Eagle Acquisition Corp. (0.02), less than Quantum FinTech Acquisition Corporation (0), less than null (0), greater than null (0.07),

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