Glenfarne Merger Corp.

Glenfarne Merger Corp.verified

GGMCU

Price:

$9.975

Market Cap:

$0

Glenfarne Merger Corp. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or related business combination with one or more businesses. The company intends to pursue opportunities in the energy transition and electrification sector in the Americas. Glenfarne Merger Corp. was incorporated in 2020 and is based in New York, New York.

Industry

Shell Companies

IPO Date

2021-03-18

Stock Exchange

NASDAQ

Ticker

GGMCU

The Current Ratio as of December 2025 (TTM) for Glenfarne Merger Corp. (GGMCU) is 4.29

According to Glenfarne Merger Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 4.29. This represents a change of 44.88% compared to the average of 2.96 of the last 4 quarters.

Glenfarne Merger Corp. (GGMCU) Historical Current Ratio (quarterly & annually)

How has GGMCU Current Ratio performed in the past?

The mean historical Current Ratio of Glenfarne Merger Corp. over the last ten years is 4.29. The current 4.29 Current Ratio has changed 9.90% with respect to the historical average. Over the past ten years (40 quarters), GGMCU's Current Ratio was at its highest in in the June 2021 quarter at 7.67. The Current Ratio was at its lowest in in the September 2022 quarter at 1.06.

Quarterly (TTM)
Annual

Average

4.29

Median

4.29

Minimum

4.29

Maximum

4.29

Glenfarne Merger Corp. (GGMCU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Glenfarne Merger 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 = 4.29

Minimum Annual Increase = 0%

Minimum Annual Current Ratio = 4.29

Quarterly (TTM)
Annual
YearCurrent RatioChange

Glenfarne Merger Corp. (GGMCU) Average Current Ratio

How has GGMCU Current Ratio performed in the past?

The current Current Ratio of Glenfarne Merger Corp. (GGMCU) 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

4.29

5-year avg

4.29

10-year avg

4.29

Glenfarne Merger Corp. (GGMCU) Current Ratio vs. Peers

How is GGMCU’s Current Ratio compared to its peers?

Glenfarne Merger Corp.’s Current Ratio is

CompanyCurrent RatioMarket cap

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