BFAC
Price:
$11.14
Market Cap:
$153.68M
Battery Future Acquisition Corp. (BFAC) is a special purpose acquisition company with no substantive ongoing operations. Its primary objective is to engage in a strategic business combination, such as a merger, asset acquisition, share purchase, or reorganization, with one or more existing enterprises. The company's focus for this acquisition is on industries at the forefront of the global shift from fossil fuels towards electrification, specifically targeting businesses across the entire battery value chain. Established in 2021, the firm maintains its corporate base in Miami, Florida.
Industry
Shell Companies
IPO Date
2022-02-04
Stock Exchange
NYSE
Ticker
BFAC
According to Battery Future Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.02. This represents a change of -87.80% compared to the average of 0.19 of the last 4 quarters.
The mean historical Current Ratio of Battery Future Acquisition Corp. over the last ten years is 3.41. The current 0.02 Current Ratio has changed -30.62% with respect to the historical average. Over the past ten years (40 quarters), BFAC's Current Ratio was at its highest in in the March 2022 quarter at 11.19. The Current Ratio was at its lowest in in the July 2021 quarter at 0.
Average
3.41
Median
1.10
Minimum
0.02
Maximum
9.11
Discovering the peaks and valleys of Battery Future 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 = 0%
Maximum Annual Current Ratio = 9.11
Minimum Annual Increase = -97.85%
Minimum Annual Current Ratio = 0.02
| Year | Current Ratio | Change |
|---|---|---|
| 2023 | 0.02 | -97.85% |
| 2022 | 1.10 | -87.93% |
The current Current Ratio of Battery Future Acquisition Corp. (BFAC) 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
3.41
5-year avg
3.41
10-year avg
3.41
Battery Future Acquisition Corp.’s Current Ratio is less than Cartesian Growth Corporation II (0.04), less than SeaStar Medical Holding Corporation (2.73), less than LAVA Medtech Acquisition Corp. (0.29), greater than HH&L Acquisition Co. (0.01), less than Blockchain Coinvestors Acquisition Corp. I (0.08), less than Enphys Acquisition Corp. (0.14), greater than Ross Acquisition Corp II (0.00), less than Mountain & Co. I Acquisition Corp. (0.10), less than Landcadia Holdings IV, Inc. (0.46),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.04 | $154.51M | |
| 2.73 | $8.46M | |
| 0.29 | $149.93M | |
| 0.01 | $156.83M | |
| 0.08 | $149.39M | |
| 0.14 | $163.71M | |
| 0.00 | $151.42M | |
| 0.10 | $157.81M | |
| 0.46 | $142.91M |
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