THCAU
Price:
$10.57
Market Cap:
$0
Tuscan Holdings Corp. II does not have significant operations. It intends to merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities in the cannabis industry. The company was incorporated in 2019 and is based in New York, New York. Tuscan Holdings Corp. II operates as a subsidiary of Tuscan Holdings Acquisition II LLC.
Industry
Shell Companies
IPO Date
2019-07-12
Stock Exchange
NASDAQ
Ticker
THCAU
According to Tuscan Holdings Corp. II’s latest financial reports and current stock price. The company's current Current Ratio is 0.01. This represents a change of -66.56% compared to the average of 0.02 of the last 4 quarters.
The mean historical Current Ratio of Tuscan Holdings Corp. II over the last ten years is 1.86. The current 0.01 Current Ratio has changed -56.59% with respect to the historical average. Over the past ten years (40 quarters), THCAU's Current Ratio was at its highest in in the March 2020 quarter at 5.80. The Current Ratio was at its lowest in in the March 2022 quarter at 0.00.
Average
1.86
Median
1.91
Minimum
0.01
Maximum
3.67
Discovering the peaks and valleys of Tuscan Holdings Corp. II 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 = 3.67
Minimum Annual Increase = -99.58%
Minimum Annual Current Ratio = 0.01
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.01 | -99.58% |
| 2020 | 1.91 | -48.12% |
The current Current Ratio of Tuscan Holdings Corp. II (THCAU) 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
1.86
5-year avg
1.86
10-year avg
1.86
Tuscan Holdings Corp. II’s Current Ratio is
| Company | Current Ratio | Market cap |
|---|
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How does the current Current Ratio for Tuscan Holdings Corp. II (THCAU) compare to its historical average?