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 March 31, 2022 was 4.41 (a -54.32% decrease compared to previous quarter)
  • Year-over-year quarterly Current Ratio increased by 3841.02%
  • Annual Current Ratio for 2021 was 9.65 (a -61.39% decrease from previous year)
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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
2022 4.41 – – – –
2021 9.65 50.15 0.11 0.58 9.65
2020 25.0 – – – 25.0

Business Profile of Chardan NexTech Acquisition 2 Corp.

Sector: Financial Services
Industry: Shell Companies
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