TortoiseEcofin Acquisition Corp. III

TortoiseEcofin Acquisition Corp. IIIverified

TRTL

Price:

$10.98

Market Cap:

$265.11M

TortoiseEcofin Acquisition Corp. III 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 or entities. The company was incorporated in 2021 and is based in Overland Park, Kansas.

Industry

Shell Companies

IPO Date

2021-09-10

Stock Exchange

NYSE

Ticker

TRTL

The Current Ratio as of November 2025 (TTM) for TortoiseEcofin Acquisition Corp. III (TRTL) is 0.33

According to TortoiseEcofin Acquisition Corp. III’s latest financial reports and current stock price. The company's current Current Ratio is 0.33. This represents a change of 106.69% compared to the average of 0.16 of the last 4 quarters.

TortoiseEcofin Acquisition Corp. III (TRTL) Historical Current Ratio (quarterly & annually)

How has TRTL Current Ratio performed in the past?

The mean historical Current Ratio of TortoiseEcofin Acquisition Corp. III over the last ten years is 4.66. The current 0.33 Current Ratio has changed 603.26% with respect to the historical average. Over the past ten years (40 quarters), TRTL's Current Ratio was at its highest in in the September 2014 quarter at 112.74. The Current Ratio was at its lowest in in the March 2021 quarter at 0.

Quarterly (TTM)
Annual

Average

4.66

Median

3.32

Minimum

0.33

Maximum

11.19

TortoiseEcofin Acquisition Corp. III (TRTL) Current Ratio by Quarter and Year

Discovering the peaks and valleys of TortoiseEcofin Acquisition Corp. III 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 = 312.08%

Maximum Annual Current Ratio = 11.19

Minimum Annual Increase = -90.12%

Minimum Annual Current Ratio = 0.33

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.33-90.12%
20223.32-70.36%
202111.19312.08%
20152.71-52.74%

TortoiseEcofin Acquisition Corp. III (TRTL) Average Current Ratio

How has TRTL Current Ratio performed in the past?

The current Current Ratio of TortoiseEcofin Acquisition Corp. III (TRTL) 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

4.94

5-year avg

4.66

10-year avg

4.66

TortoiseEcofin Acquisition Corp. III (TRTL) Current Ratio vs. Peers

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

TortoiseEcofin Acquisition Corp. III’s Current Ratio is greater than SILVERspac Inc. (0.27), greater than Ignyte Acquisition Corp. (0.07), less than Corazon Capital V838 Monoceros Corp (1.40), less than Build Acquisition Corp. (1.56), less than Waverley Capital Acquisition Corp. 1 (3.10), less than Green Visor Financial Technology Acquisition Corp. I (0.36), less than Live Oak Crestview Climate Acquisition Corp. (1.89), greater than Zalatoris II Acquisition Corp. (0.05), less than TB S.A. Acquisition Corp (0),

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