CRSAU
Price:
$10.15
Market Cap:
$352.99M
Crescent Acquisition Corp. intends to acquire assets and businesses through a merger, capital stock exchange, stock purchase, reorganization, or business combination. The company was formerly known as Crescent Funding Inc. and changed its name to Crescent Acquisition Corp. in October 2018. The company was founded in 2017 and is based in Los Angeles, California.
Industry
Shell Companies
IPO Date
2022-01-31
Stock Exchange
NASDAQ
Ticker
CRSAU
According to Crescent Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.42. This represents a change of 1.78% compared to the average of 4.34 of the last 4 quarters.
The mean historical Current Ratio of Crescent Acquisition Corp. over the last ten years is 2.00. The current 4.42 Current Ratio has changed 21.99% with respect to the historical average. Over the past ten years (40 quarters), CRSAU's Current Ratio was at its highest in in the September 2021 quarter at 6.31. The Current Ratio was at its lowest in in the March 2018 quarter at 0.
Average
2.00
Median
1.99
Minimum
0
Maximum
4.42
Discovering the peaks and valleys of Crescent 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 = Infinity%
Maximum Annual Current Ratio = 4.42
Minimum Annual Increase = -100.00%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 4.42 | 27.95% |
| 2021 | 3.45 | 78.80% |
| 2020 | 1.93 | -5.49% |
| 2019 | 2.04 | Infinity% |
| 2018 | 0 | -100.00% |
The current Current Ratio of Crescent Acquisition Corp. (CRSAU) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
3.27
5-year avg
2.37
10-year avg
2.00
Crescent Acquisition Corp.’s Current Ratio is greater than B. Riley Principal 150 Merger Corp. (1.39), less than OmniAb, Inc. (5.00), greater than Churchill Capital Corp VII (0.23), greater than Far Peak Acquisition Corporation (0.22), less than BCTG Acquisition Corp. (4.75), greater than Sandbridge Acquisition Corporation (1.14), less than Churchill Capital Corp X (15.89),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.39 | $944.04M | |
| 5.00 | $231.93M | |
| 0.23 | $914.73M | |
| 0.22 | $712.15M | |
| 4.75 | $899.41M | |
| 1.14 | $1.02B | |
| 15.89 | $773.21M |
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