VTIQ
Price:
$10.065
Market Cap:
$5.58B
VectoIQ Acquisition Corp. II does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus its search on the industrial technology, transportation, and smart mobility industries. VectoIQ Acquisition Corp. II was incorporated in 2020 and is based in Mamaroneck, New York.
Industry
Shell Companies
IPO Date
2021-03-03
Stock Exchange
NASDAQ
Ticker
VTIQ
According to VectoIQ Acquisition Corp. II’s latest financial reports and current stock price. The company's current Current Ratio is 0.51. This represents a change of 87.48% compared to the average of 0.27 of the last 4 quarters.
The mean historical Current Ratio of VectoIQ Acquisition Corp. II over the last ten years is 0.76. The current 0.51 Current Ratio has changed 6.62% with respect to the historical average. Over the past ten years (40 quarters), VTIQ's Current Ratio was at its highest in in the September 2018 quarter at 62.60. The Current Ratio was at its lowest in in the September 2022 quarter at 0.10.
Average
0.76
Median
0.79
Minimum
0.03
Maximum
1.45
Discovering the peaks and valleys of VectoIQ Acquisition 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 = 1.64%
Maximum Annual Current Ratio = 1.45
Minimum Annual Increase = -97.21%
Minimum Annual Current Ratio = 0.03
| Year | Current Ratio | Change |
|---|---|---|
| 2021 | 0.51 | 1.64% |
| 2020 | 0.03 | -97.21% |
| 2019 | 1.06 | -27.05% |
The current Current Ratio of VectoIQ Acquisition Corp. II (VTIQ) 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
0.53
5-year avg
0.76
10-year avg
0.76
VectoIQ Acquisition Corp. II’s Current Ratio is less than Vector Acquisition Corporation (3.18), less than Dragoneer Growth Opportunities Corp. (1.52), less than Apollo Strategic Growth Capital (1.23), less than Reinvent Technology Partners (13.61), less than VG Acquisition Corp. (0.81), less than SVF Investment Corp. 3 (1.09), greater than Raymond James Financial, Inc. (0), greater than Enstar Group Limited (0), greater than Blue Owl Capital Corporation (0), less than Atlas Corp. (0.57),
| Company | Current Ratio | Market cap |
|---|---|---|
| 3.18 | $5.53B | |
| 1.52 | $5.79B | |
| 1.23 | $6.33B | |
| 13.61 | $6.30B | |
| 0.81 | $5.03B | |
| 1.09 | $5.06B | |
| 0 | $32.42B | |
| 0 | $5.04B | |
| 0 | $6.87B | |
| 0.57 | $4.45B |
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