Cash Ratio Analysis of Ace Global Business Acq Ltd. - Deep Dive


Cash Ratio of ACBA
Dec-23
4.58
Very Good Cash Ratio
Dec-22
21.15
Excellent Cash Ratio
Growth
-78.32
%
Cash Ratio Analysis of Ace Global Business Acq Ltd.
Cash Ratio of Ace Global Business Acq Ltd. with value of 4.58 indicates that a company has generated more cash in a period than what is needed to pay off its current liabilities.
Cash Ratio of ACBA drastically fell by -78.32 % this year.
Other Cash Ratio Related Info of ACBA that may interest you.
Ace Global Business Acq Ltd. Overview
CodePricePrevious PricePrice ChangeSector
ACBA12.0312.23 1.64 % Shell Companies
Fundamental AnalysisTechnical Analysis
Defination of Cash Ratio
The Cash Ratio measures the liquidity position of the company. This metric indicates how much the company can cover its current liabilities by its cash and cash equivalents.   more ..
Cash Ratio Formula

Cash Ratio Related Ratios
CurrentRatioQuickRatioDebtToEquityRatio

Tsr Stability Index
Poor Stability Stock
FY - Historical Cash Ratio of Ace Global Business Acq Ltd.
PeriodDec-23Dec-22Dec-21Dec-20
Cash Ratio4.5821.15234.600
Change-78.32 %-90.99 %
FY Chart of Cash Ratio of Ace Global Business Acq Ltd.


Note : All Data Generated at the End of Trading Hours (EOD Data)