PORT
Price:
$11.99
Market Cap:
$69.40M
Southport Acquisition Corporation, founded in 2021 and based in Del Mar, California, currently operates without substantial commercial activities. The company's core mission is to execute a strategic business combination, such as a merger, asset purchase, share exchange, or other forms of corporate restructuring, with one or more existing enterprises or asset collections. Its search for acquisition targets is concentrated within the financial technology sector, with a specific focus on opportunities in the mortgage and real estate verticals.
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 0.59. This represents a change of -0.43% compared to the average of 0.60 of the last 4 quarters.
The mean historical Current Ratio of Southport Acquisition Corporation over the last ten years is 0.68. The current 0.59 Current Ratio has changed 8.60% 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
0.68
Median
0.44
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 = 341.60%
Maximum Annual Current Ratio = 1.99
Minimum Annual Increase = -88.40%
Minimum Annual Current Ratio = 0.14
| Year | Current Ratio | Change |
|---|---|---|
| 2025 | 0.62 | 341.60% |
| 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, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
0.40
5-year avg
0.68
10-year avg
0.68
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 Focus Impact BH3 Acquisition Co (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 | $59.62M |
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