ACAX
Price:
$3.82
Market Cap:
$17.60M
Alset Capital Acquisition Corp. is formed with the objective of completing a business combination, such as a merger, asset or stock acquisition, or a reorganization, with other enterprises. The company intends to primarily seek out and engage with businesses within the real estate industry. This includes firms involved in construction, homebuilding, property ownership and management, real estate financing, insurance, related service providers, and technology companies operating in the real estate domain. Incorporated in 2021, its operations are based in Bethesda, Maryland.
Industry
Shell Companies
IPO Date
2022-03-24
Stock Exchange
NASDAQ
Ticker
ACAX
According to Alset Capital Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 1.60. This represents a change of -7.56% compared to the average of 1.73 of the last 4 quarters.
The mean historical Current Ratio of Alset Capital Acquisition Corp. over the last ten years is 1.68. The current 1.60 Current Ratio has changed 9.39% with respect to the historical average. Over the past ten years (40 quarters), ACAX's Current Ratio was at its highest in in the February 2022 quarter at 16.01. The Current Ratio was at its lowest in in the March 2024 quarter at 0.
Average
1.68
Median
1.65
Minimum
0.43
Maximum
3.17
Discovering the peaks and valleys of Alset Capital 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 = 629.70%
Maximum Annual Current Ratio = 3.17
Minimum Annual Increase = -73.54%
Minimum Annual Current Ratio = 0.43
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 2.32 | 40.53% |
| 2024 | 1.65 | 96.95% |
| 2023 | 0.84 | -73.54% |
| 2022 | 3.17 | 629.70% |
The current Current Ratio of Alset Capital Acquisition Corp. (ACAX) 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
1.61
5-year avg
1.68
10-year avg
1.68
Alset Capital Acquisition Corp.’s Current Ratio is greater than Bukit Jalil Global Acquisition 1 Ltd (0.01), greater than Mobiv Acquisition Corp (1.45), greater than TMT Acquisition Corp (0.26), less than Greencity Acquisition Corporation (0), greater than Global Star Acquisition, Inc. Class A Common Stock (0.09), greater than EF Hutton Acquisition Corporation I Common Stock (0.53), greater than Screaming Eagle Acquisition Corp. (0.05), greater than Goldenbridge Acquisition Limited (0.17), greater than Dune Acquisition Corporation (0.03), greater than Estrella Immunopharma, Inc. (0.24),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $18.09M | |
| 1.45 | $17.30M | |
| 0.26 | $18.00M | |
| 0 | $16.41M | |
| 0.09 | $19.37M | |
| 0.53 | $19.41M | |
| 0.05 | $365.72M | |
| 0.17 | $21.76M | |
| 0.03 | $22.25M | |
| 0.24 | $45.62M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Alset Capital Acquisition Corp. using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Alset Capital Acquisition Corp. or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Alset Capital Acquisition Corp.'s Current Ratio?
How is the Current Ratio calculated for Alset Capital Acquisition Corp. (ACAX)?
What is the highest Current Ratio for Alset Capital Acquisition Corp. (ACAX)?
What is the 3-year average Current Ratio for Alset Capital Acquisition Corp. (ACAX)?
What is the 5-year average Current Ratio for Alset Capital Acquisition Corp. (ACAX)?
How does the current Current Ratio for Alset Capital Acquisition Corp. (ACAX) compare to its historical average?