Quick Ratio Analysis of Embrace Change Acq Corp. - Deep Dive
Latest FY Quick Ratio
Period Ending - Dec-22
Very Good Quick Ratio
5.89
Period Ending - Dec-21
Poor Quick Ratio
0
Growth
0 %
Most recent Quarter Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.0288
Quick Ratio Analysis of Embrace Change Acq Corp.
Quick Ratio of Embrace Change Acq Corp. with value of 5.89 indicates company has liquid assets to pay its obligations. |
Quick Ratio of Embrace Change Acq Corp. with value of 0.0288 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Dec-23. |
Quick Ratio of EMCGU has grown by 0 % Compared to previous Financial Year. |
Other Quick Ratio Related Info of EMCGU that may interest you.
Embrace Change Acq Corp. Overview
Code | Price | Previous Price | Price Change | Sector |
---|---|---|---|---|
EMCGU | 11.38 | 11.83 | 3.80 % | Shell Companies |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..![Quick Ratio Formula Quick Ratio Formula](https://my.stockaio.com/help/template/FinDef/EfficiencyRatios/QuickRatio.jpg)
Quick Ratio Related Ratios
CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
Excellent Stability |
FY - Historical Quick Ratio of Embrace Change Acq Corp.
Period | Dec-22 | Dec-21 |
---|---|---|
Quick Ratio | 5.89 | 0 |
Change |
FY Chart of Quick Ratio of Embrace Change Acq Corp.
Note : All Data Generated at the End of Trading Hours (EOD Data)