PORT
Price:
$11.99
Market Cap:
$69.40M
Southport Acquisition Corporation does not have significant operations. The company focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or assets. It intends to identify business opportunities in the field of financial software space with a focus on mortgage and real estate verticals. The company was incorporated in 2021 and is based in Del Mar, California.
Industry
Shell Companies
IPO Date
2022-01-31
Stock Exchange
OTC
Ticker
PORT
According to Southport Acquisition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 1.09. This represents a change of 201.75% compared to the average of 0.36 of the last 4 quarters.
The mean historical Current Ratio of Southport Acquisition Corporation over the last ten years is 0.70. The current 1.09 Current Ratio has changed 15.48% with respect to the historical average. Over the past ten years (40 quarters), PORT's Current Ratio was at its highest in in the December 2021 quarter at 1.99. The Current Ratio was at its lowest in in the June 2023 quarter at 0.00.
Average
0.70
Median
0.33
Minimum
0.14
Maximum
1.99
Discovering the peaks and valleys of Southport 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 = 89.17%
Maximum Annual Current Ratio = 1.99
Minimum Annual Increase = -88.40%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 0.14 | -68.02% |
| 2023 | 0.44 | 89.17% |
| 2022 | 0.23 | -88.40% |
The current Current Ratio of Southport Acquisition Corporation (PORT) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
0.27
5-year avg
0.70
10-year avg
0.70
Southport Acquisition Corporation’s Current Ratio is less than Crescera Capital Acquisition Corp. (2.84), greater than Clover Leaf Capital Corp. (0.06), greater than Catcha Investment Corp (0.27), greater than W World Corp. (0.25), greater than OCA Acquisition Corp. (0.00), greater than Artemis Therapeutics Inc. (0.14), less than Petrocorp Inc. (0), greater than RMG Acquisition Corp. III (0.06), greater than Crixus BH3 Acquisition Company (0.00),
| Company | Current Ratio | Market cap |
|---|---|---|
| 2.84 | $75.05M | |
| 0.06 | $61.91M | |
| 0.27 | $77.57M | |
| 0.25 | $80.24M | |
| 0.00 | $78.14M | |
| 0.14 | $55.79M | |
| 0 | $56.70M | |
| 0.06 | $89.17M | |
| 0.00 | $60.26M |
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