TDACU
Price:
$10.59
Market Cap:
$229.15M
Trident Acquisitions Corp. is a shell company. The Company is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. The Company focuses on identifying a business to a particular industry or geographic region of the world. The Company is focused on seeking business combination with oil and gas or other natural resources companies in Eastern Europe. The Company is not engaged in any business operations.
Industry
Shell Companies
IPO Date
2022-01-31
Stock Exchange
NASDAQ
Ticker
TDACU
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), TDACU'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. (TDACU) 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 greater than dMY Squared Technology Group, Inc. (0.01), greater than WinVest Acquisition Corp. (0.03), greater than Black Hawk Acquisition Corporation (0.05), less than FutureTech II Acquisition Corp. (0.21), less than Willow Lane Acquisition Corp. (15.21), greater than Horizon Space Acquisition I Corp. Ordinary Shares (0.01), less than Four Leaf Acquisition Corporation (0.80), greater than Welsbach Technology Metals Acquisition Corp. (0.02), less than Renatus Tactical Acquisition Corp I Class A Ordinary Shares (12.92), greater than ESH Acquisition Corp. (0.11),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.01 | $55.48M | |
| 0.03 | $38.84M | |
| 0.05 | $46.73M | |
| 0.21 | $51.57M | |
| 15.21 | $41.74M | |
| 0.01 | $50.48M | |
| 0.80 | $47.92M | |
| 0.02 | $40.40M | |
| 12.92 | $332.18M | |
| 0.11 | $45.42M |
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