Tech and Energy Transition Corporation

Tech and Energy Transition Corporation - Current Ratioverified

TETCU

Price:

$10.2

Market Cap:

$489.67M

Presently, Tech and Energy Transition Corporation does not engage in significant business operations. Its primary mandate is to execute a strategic amalgamation, such as a merger, asset purchase, stock swap, corporate restructuring, or comparable arrangement, with one or multiple existing businesses. Formed in 2017 and based in New York, New York, the entity underwent a name change in December 2020, transitioning from M Acquisition Company IV Corporation to its current designation, Tech and Energy Transition Corporation.

Industry

Shell Companies

IPO Date

2021-03-12

Stock Exchange

NASDAQ

Ticker

TETCU

The Current Ratio as of July 2026 (TTM) for Tech and Energy Transition Corporation (TETCU) is 0.50

According to Tech and Energy Transition Corporation’s latest financial reports and current stock price. The company's current Current Ratio is 0.50. This represents a change of 1.95% compared to the average of 0.49 of the last 4 quarters.

Tech and Energy Transition Corporation (TETCU) Historical Current Ratio (quarterly & annually)

How has TETCU Current Ratio performed in the past?

The mean historical Current Ratio of Tech and Energy Transition Corporation over the last ten years is 7.74. The current 0.50 Current Ratio has changed 550.83% with respect to the historical average. Over the past ten years (40 quarters), TETCU's Current Ratio was at its highest in in the March 2020 quarter at 11.46. The Current Ratio was at its lowest in in the December 2020 quarter at 0.24.

Quarterly (TTM)
Annual

Average

7.74

Median

6.58

Minimum

0.50

Maximum

17.31

Tech and Energy Transition Corporation (TETCU) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tech and Energy Transition 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 = 0%

Maximum Annual Current Ratio = 17.31

Minimum Annual Increase = -85.21%

Minimum Annual Current Ratio = 0.50

Quarterly (TTM)
Annual
YearCurrent RatioChange
20220.50-70.28%
20211.70-85.21%
202011.46-33.79%

Tech and Energy Transition Corporation (TETCU) Average Current Ratio

How has TETCU Current Ratio performed in the past?

The current Current Ratio of Tech and Energy Transition Corporation (TETCU) 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

4.55

5-year avg

7.74

10-year avg

7.74

Tech and Energy Transition Corporation (TETCU) Current Ratio vs. Peers

How is TETCU’s Current Ratio compared to its peers?

Tech and Energy Transition Corporation’s Current Ratio is greater than Decarbonization Plus Acquisition Corporation IV (0.12), less than MSD Acquisition Corp. (28.14), less than Trine II Acquisition Corp. (4.78), less than Dragoneer Growth Opportunities Corp. III (2.00), less than African Gold Acquisition Corporation (20.79), greater than Ares Acquisition Corporation (0.23), less than Peridot Acquisition Corp. II (0.81), less than Ares Acquisition Corporation II (3.69), less than Brookline Capital Acquisition Corp. (1.24),

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