Pine Island Acquisition Corp.

Pine Island Acquisition Corp.verified

PIPP-UN

Price:

$10.022

Market Cap:

$0

Pine Island Acquisition Corp. does not have significant operations. The company focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on the businesses in the aerospace, defense, and government services sectors. The company was incorporated in 2020 and is based in Fort Lauderdale, Florida.

Industry

Shell Companies

IPO Date

2020-11-17

Stock Exchange

NYSE

Ticker

PIPP-UN

The Current Ratio as of December 2025 (TTM) for Pine Island Acquisition Corp. (PIPP-UN) is 0.40

According to Pine Island Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.40. This represents a change of 9.27% compared to the average of 0.36 of the last 4 quarters.

Pine Island Acquisition Corp. (PIPP-UN) Historical Current Ratio (quarterly & annually)

How has PIPP-UN Current Ratio performed in the past?

The mean historical Current Ratio of Pine Island Acquisition Corp. over the last ten years is 2.80. The current 0.40 Current Ratio has changed 1.32% with respect to the historical average. Over the past ten years (40 quarters), PIPP-UN's Current Ratio was at its highest in in the December 2020 quarter at 5.20. The Current Ratio was at its lowest in in the June 2022 quarter at 0.20.

Quarterly (TTM)
Annual

Average

2.80

Median

2.80

Minimum

0.40

Maximum

5.20

Pine Island Acquisition Corp. (PIPP-UN) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Pine Island 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 = 0%

Maximum Annual Current Ratio = 5.20

Minimum Annual Increase = -92.35%

Minimum Annual Current Ratio = 0.40

Quarterly (TTM)
Annual
YearCurrent RatioChange
20210.40-92.35%

Pine Island Acquisition Corp. (PIPP-UN) Average Current Ratio

How has PIPP-UN Current Ratio performed in the past?

The current Current Ratio of Pine Island Acquisition Corp. (PIPP-UN) 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

2.80

5-year avg

2.80

10-year avg

2.80

Pine Island Acquisition Corp. (PIPP-UN) Current Ratio vs. Peers

How is PIPP-UN’s Current Ratio compared to its peers?

Pine Island Acquisition Corp.’s Current Ratio is

CompanyCurrent RatioMarket cap

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