MTRY
Price:
$11.14
Market Cap:
$48.30M
Monterey Bio Acquisition Corporation 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 in the biotech industry. The company was formerly known as Chardan FinTech Acquisition Corp. and changed its name to Monterey Bio Acquisition Corporation in April 2021. Monterey Bio Acquisition Corporation was incorporated in 2020 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-11-22
Stock Exchange
NASDAQ
Ticker
MTRY
According to Monterey Bio Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of 56.66% compared to the average of 0.15 of the last 4 quarters.
The mean historical Current Ratio of Monterey Bio Acquisition Corporation over the last ten years is 9.49. The current 0.23 Current Ratio has changed 144.02% with respect to the historical average. Over the past ten years (40 quarters), MTRY's Current Ratio was at its highest in in the September 2021 quarter at 4.17. The Current Ratio was at its lowest in in the September 2022 quarter at 0.01.
Average
9.49
Median
3.25
Minimum
0.23
Maximum
25.00
Discovering the peaks and valleys of Monterey Bio Acquisition Corporation 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 = 25.00
Minimum Annual Increase = -92.88%
Minimum Annual Current Ratio = 0.23
| Year | Current Ratio | Change |
|---|---|---|
| 2022 | 0.23 | -92.88% |
| 2021 | 3.25 | -86.99% |
The current Current Ratio of Monterey Bio Acquisition Corporation (MTRY) 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
9.49
5-year avg
9.49
10-year avg
9.49
Monterey Bio Acquisition Corporation’s Current Ratio is less than MicroCloud Hologram Inc. (36.26), greater than Vision Sensing Acquisition Corp. (0.18), greater than GRIID Infrastructure Inc. Common Stock (0.15), greater than Graphjet Technology (0.02), less than Zeo Energy Corp. (2.19), less than Roth Ch Acquisition V Co. (4.04), greater than Prospector Capital Corp. (0.02), greater than Atlantic Coastal Acquisition Corp. II (0.07),
| Company | Current Ratio | Market cap |
|---|---|---|
| 36.26 | $54.19M | |
| 0.18 | $48.40M | |
| 0.15 | $68.07M | |
| 0.02 | $8.67M | |
| 2.19 | $70.68M | |
| 4.04 | $48.60M | |
| 0.02 | $48.91M | |
| 0.07 | $46.40M |
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