Chardan NexTech Acquisition 2 Corp. Current Ratio

Current Ratio of CNTQ for past 10 years: annual, quarterly and twelve month trailing (TTM) including Current Ratio growth rates and interactive chart. The current ratio is a liquidity ratio that measures whether a firm has enough resources to meet its short-term obligations. It is calculated as current assets divided by current liabilities. A ratio below 1 indicates potential trouble for a company, as it doesn't have enough current assets to pay for its short-term liabilities. A ratio above 2 is usually considered healthy.

Highlights and Quick Summary

  • Current Ratio for the quarter ending September 29, 2021 was 50.15 (a 44718.59% increase compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 100.61%
  • Annual Current Ratio for 2020 was 25.0
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Historical Current Ratio of Chardan NexTech Acquisition 2 Corp.

Most recent Current Ratioof CNTQ including historical data for past 10 years.

Interactive Chart of Current Ratio of Chardan NexTech Acquisition 2 Corp.

Chardan NexTech Acquisition 2 Corp. Current Ratio for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 – 50.15 0.11 0.58 –
2020 25.0 – – – 25.0

Business Profile of Chardan NexTech Acquisition 2 Corp.

Sector: Financial Services
Industry: Shell Companies
Chardan NexTech Acquisition 2 Corp. intends to enter into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York.
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