Ignyte Acquisition Corp.

Ignyte Acquisition Corp.verified

IGNY

Price:

$13.05

Market Cap:

$261.76M

Ignyte Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus on target businesses in the life sciences, biotechnology, and healthcare sectors. Ignyte Acquisition Corp. was incorporated in 2020 and is based in New York, New York.

Industry

Shell Companies

IPO Date

2021-03-12

Stock Exchange

NASDAQ

Ticker

IGNY

The Current Ratio as of November 2025 (TTM) for Ignyte Acquisition Corp. (IGNY) is 0.07

According to Ignyte Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.07. This represents a change of 121.29% compared to the average of 0.03 of the last 4 quarters.

Ignyte Acquisition Corp. (IGNY) Historical Current Ratio (quarterly & annually)

How has IGNY Current Ratio performed in the past?

The mean historical Current Ratio of Ignyte Acquisition Corp. over the last ten years is 0.38. The current 0.07 Current Ratio has changed 1.69% with respect to the historical average. Over the past ten years (40 quarters), IGNY's Current Ratio was at its highest in in the March 2021 quarter at 20.42. The Current Ratio was at its lowest in in the September 2023 quarter at 0.

Quarterly (TTM)
Annual

Average

0.38

Median

0.31

Minimum

0

Maximum

0.92

Ignyte Acquisition Corp. (IGNY) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Ignyte 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 = 189.10%

Maximum Annual Current Ratio = 0.92

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20220.30-67.32%
20210.92189.10%

Ignyte Acquisition Corp. (IGNY) Average Current Ratio

How has IGNY Current Ratio performed in the past?

The current Current Ratio of Ignyte Acquisition Corp. (IGNY) 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

0.40

5-year avg

0.38

10-year avg

0.38

Ignyte Acquisition Corp. (IGNY) Current Ratio vs. Peers

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

Ignyte Acquisition Corp.’s Current Ratio is less than SILVERspac Inc. (0.27), less than Live Oak Crestview Climate Acquisition Corp. (1.89), less than TortoiseEcofin Acquisition Corp. III (0.33), less than Build Acquisition Corp. (1.56), less than Corazon Capital V838 Monoceros Corp (1.40), less than Waverley Capital Acquisition Corp. 1 (3.10), less than Ventoux CCM Acquisition Corp. (0.94), less than Blue Whale Acquisition Corp I (0.55), less than CC Neuberger Principal Holdings III (0.95),

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