TDAC
Price:
$10.44
Market Cap:
$228.71M
Translational Development Acquisition Corp. does not have significant operations. It intends to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Translational Development Acquisition Corp. was incorporated in 2022 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2025-02-20
Stock Exchange
NASDAQ
Ticker
TDAC
According to Translational Development Acquisition Corp.’s latest financial reports and current stock price. The company's current Current Ratio is 0.19. This represents a change of -85.10% compared to the average of 1.28 of the last 4 quarters.
The mean historical Current Ratio of Translational Development Acquisition Corp. over the last ten years is 1.07. The current 0.19 Current Ratio has changed 1.68% with respect to the historical average. Over the past ten years (40 quarters), TDAC's Current Ratio was at its highest in in the December 2024 quarter at 3.09. The Current Ratio was at its lowest in in the March 2023 quarter at 0.
Average
1.07
Median
0.12
Minimum
0.00
Maximum
3.09
Discovering the peaks and valleys of Translational Development 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 = 77.87%
Maximum Annual Current Ratio = 3.09
Minimum Annual Increase = -96.64%
Minimum Annual Current Ratio = 0.00
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 3.09 | 77.87% |
| 2023 | 0.00 | -96.64% |
The current Current Ratio of Translational Development Acquisition Corp. (TDAC) 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
1.07
5-year avg
1.07
10-year avg
1.07
Translational Development Acquisition Corp.’s Current Ratio is less than Melar Acquisition Corp. I (1.00), less than Cantor Equity Partners I, Inc. Class A Ordinary Shares (0.36), greater than HCM Acquisition Corp (0.09), less than FACT II Acquisition Corp (14.60), less than Willow Lane Acquisition Corp. (15.21), less than Newbury Street II Acquisition Corp (8.53), less than Sizzle Acquisition Corp. II (7.02), greater than Cantor Equity Partners, Inc. Class A Ordinary Shares (0),
| Company | Current Ratio | Market cap |
|---|---|---|
| 1.00 | $228.97M | |
| 0.36 | $213.20M | |
| 0.09 | $133.29M | |
| 14.60 | $252.46M | |
| 15.21 | $177.10M | |
| 8.53 | $186.64M | |
| 7.02 | $240.01M | |
| 0 | $181.25M |
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