Petra Acquisition, Inc.

Petra Acquisition, Inc. - Current Ratioverified

PAIC

Price:

$8.32

Market Cap:

$29.71M

Presently, Petra Acquisition, Inc. is not engaged in any significant operational activities. Its primary strategic goal is to execute a business combination, which may take the form of a merger, share exchange, asset acquisition, stock purchase, financial restructuring, corporate reorganization, or a similar transaction, involving one or multiple businesses or entities. The company was established in 2019 and maintains its principal office in New York, New York.

Industry

Shell Companies

IPO Date

2020-11-16

Stock Exchange

NASDAQ

Ticker

PAIC

The Current Ratio as of June 2026 (TTM) for Petra Acquisition, Inc. (PAIC) is 10.02

According to Petra Acquisition, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 10.02. This represents a change of 55.60% compared to the average of 6.44 of the last 4 quarters.

Petra Acquisition, Inc. (PAIC) Historical Current Ratio (quarterly & annually)

How has PAIC Current Ratio performed in the past?

The mean historical Current Ratio of Petra Acquisition, Inc. over the last ten years is 7.03. The current 10.02 Current Ratio has changed 14.16% with respect to the historical average. Over the past ten years (40 quarters), PAIC's Current Ratio was at its highest in in the December 2020 quarter at 19.28. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

7.03

Median

4.42

Minimum

0

Maximum

19.28

Petra Acquisition, Inc. (PAIC) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Petra Acquisition, 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 = 19.28

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20255.4157.71%
20243.43Infinity%
20230-100.00%

Petra Acquisition, Inc. (PAIC) Average Current Ratio

How has PAIC Current Ratio performed in the past?

The current Current Ratio of Petra Acquisition, Inc. (PAIC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

2.95

5-year avg

7.03

10-year avg

7.03

Petra Acquisition, Inc. (PAIC) Current Ratio vs. Peers

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

Petra Acquisition, Inc.’s Current Ratio is greater than Chavant Capital Acquisition Corp. (0.23), greater than Aquaron Acquisition Corp. (0.05), greater than PHP Ventures Acquisition Corp. (1.28), greater than Hudson Acquisition I Corp. (0.07), less than Prime Number Acquisition I Corp. (26.42), greater than Qomolangma Acquisition Corp. (0.03), greater than QT Imaging Holdings, Inc. (2.49), greater than Alpha Star Acquisition Corporation (0.04), greater than Achari Ventures Holdings Corp. I (0.02), greater than Blue World Acquisition Corporation (0.02),

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