MIT
Price:
$10.14
Market Cap:
$633.75M
Mason Industrial Technology, Inc. does not have significant operations. It focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intends to identify business opportunities in the field of industrial technology, advanced materials, or specialty chemicals. The company was incorporated in 2020 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-03-22
Stock Exchange
NYSE
Ticker
MIT
According to Mason Industrial Technology, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 3.82. This represents a change of 33.39% compared to the average of 2.86 of the last 4 quarters.
The mean historical Current Ratio of Mason Industrial Technology, Inc. over the last ten years is 1.91. The current 3.82 Current Ratio has changed 19.90% with respect to the historical average. Over the past ten years (40 quarters), MIT's Current Ratio was at its highest in in the March 2021 quarter at 20.18. The Current Ratio was at its lowest in in the December 2020 quarter at 0.
Average
1.91
Median
1.91
Minimum
0
Maximum
3.82
Discovering the peaks and valleys of Mason Industrial Technology, Inc. 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 = 3.82
Minimum Annual Increase = 0%
Minimum Annual Current Ratio = 0
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 3.82 | Infinity% |
The current Current Ratio of Mason Industrial Technology, Inc. (MIT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
1.91
5-year avg
1.91
10-year avg
1.91
Mason Industrial Technology, Inc.’s Current Ratio is less than Independence Holdings Corp. (22.65), greater than Ares Acquisition Corporation (0.24), less than Fusion Acquisition Corp. II (0), greater than Dragonfly Energy Holdings Corp. (0), less than MSD Acquisition Corp. (28.14), less than Ares Acquisition Corporation II (4.38), greater than Sagaliam Acquisition Corp. (0.05), greater than Brookline Capital Acquisition Corp. (1.24),
| Company | Current Ratio | Market cap |
|---|---|---|
| 22.65 | $631.66M | |
| 0.24 | $761.82M | |
| 0 | $178.07M | |
| 0 | $49.06M | |
| 28.14 | $735.28M | |
| 4.38 | $587.05M | |
| 0.05 | $586.89M | |
| 1.24 | $559.61M |
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