NETD
Price:
$11.52
Market Cap:
$439.20M
Nabors Energy Transition Corp. II focuses on effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to identify solutions, opportunities, companies, or technologies that focus on advancing the energy transition that facilitate, improve, or complement the reduction of carbon or greenhouse gas emissions. The company was incorporated in 2023 and is based in Houston, Texas. Nabors Energy Transition Corp. II is a subsidiary of Nabors Energy Transition Sponsor II LLC.
Industry
Shell Companies
IPO Date
2023-09-05
Stock Exchange
NASDAQ
Ticker
NETD
According to Nabors Energy Transition Corp. II Class A Ordinary Shares’s latest financial reports and current stock price. The company's current Current Ratio is 0.23. This represents a change of -92.21% compared to the average of 2.90 of the last 4 quarters.
The mean historical Current Ratio of Nabors Energy Transition Corp. II Class A Ordinary Shares over the last ten years is 8.46. The current 0.23 Current Ratio has changed 166.42% with respect to the historical average. Over the past ten years (40 quarters), NETD's Current Ratio was at its highest in in the September 2023 quarter at 14.75. The Current Ratio was at its lowest in in the April 2023 quarter at 0.
Average
8.46
Median
8.46
Minimum
5.53
Maximum
11.40
Discovering the peaks and valleys of Nabors Energy Transition Corp. II Class A Ordinary Shares 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 = 11.40
Minimum Annual Increase = -51.47%
Minimum Annual Current Ratio = 5.53
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 5.53 | -51.47% |
The current Current Ratio of Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) 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
8.46
5-year avg
8.46
10-year avg
8.46
Nabors Energy Transition Corp. II Class A Ordinary Shares’s Current Ratio is greater than Agriculture & Natural Solutions Acquisition Corporation Class A Ordinary Shares (0.00), less than GP-Act III Acquisition Corp. (0.45), less than Unusual Machines, Inc. (15.45), less than Centurion Acquisition Corp. (3.21), less than Berto Acquisition Corp. (1.92), less than K&F Growth Acquisition Corp. II Class A Ordinary shares (13.05), less than AA Mission Acquisition Corp. (0.70), less than Republic Digital Acquisition Company Class A Ordinary Shares (16.43), greater than EQV Ventures Acquisition Corp. (0.02),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.00 | $464.08M | |
| 0.45 | $383.75M | |
| 15.45 | $311.36M | |
| 3.21 | $382.25M | |
| 1.92 | $380.06M | |
| 13.05 | $404.73M | |
| 0.70 | $467.66M | |
| 16.43 | $383.25M | |
| 0.02 | $465.34M |
One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nabors Energy Transition Corp. II Class A Ordinary Shares using the financials and key metrics that matter to you in a single view.
The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:
Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.
Get your free trial here.
The easiest way to analyze a company like Nabors Energy Transition Corp. II Class A Ordinary Shares or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.
Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.
Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.
What is the Current Ratio?
How can you use the Current Ratio?
What is Nabors Energy Transition Corp. II Class A Ordinary Shares's Current Ratio?
How is the Current Ratio calculated for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD)?
What is the highest Current Ratio for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD)?
What is the 3-year average Current Ratio for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD)?
What is the 5-year average Current Ratio for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD)?
How does the current Current Ratio for Nabors Energy Transition Corp. II Class A Ordinary Shares (NETD) compare to its historical average?