African Gold Acquisition Quick Ratio (AGAC) starting from the first quarter 2022 to first quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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African Gold Acquisition Corp  (NYSE: AGAC)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

African Gold Acquisition's Quick Ratio

AGAC's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth


Current Liabilities decreased faster than African Gold Acquisition's Cash & cash equivalent, this led to improvement in African Gold Acquisition's Quick Ratio to 0.05, Quick Ratio remained below African Gold Acquisition Corp average.

Within Blank Checks industry 353 other companies have achieved higher Quick Ratio than African Gold Acquisition in first quarter 2022. While Quick Ratio total ranking in the first quarter 2022 has deteriorated compared to the prior quarter from 5004 to 5648.

Explain Quick Ratio?
How much Cash & cash equivalents AGAC´s has?
What are AGAC´s Current Liabilities?




AGAC Quick Ratio (Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
(Jun 30 2021)
Q2
(Mar 31 2021)
Q1
Y / Y Current Liabilities Change -58.12 % 20545.41 % -47.82 % -29.12 % -42.74 %
Y / Y Cash & cash equivalent Change -85.59 % - -86.98 % 56066110.12 % 0.13 %
Quick Ratio MRQ 0.05 0.03 0.01 41209.33 0.14
AGAC's Total Ranking # 5648 # 5004 # 4455 # 4171 #
Seq. Current Liabilities Change -58.86 % 2.33 % -24.74 % 32.21 % 20178.17 %
Seq. Cash & cash equivalent Change -20.45 % 421.32 % -100 % 37727902.31 % -



Quick Ratio first quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 354
Financial Sector # 1271
Overall Market # 5648


Quick Ratio Statistics
High Average Low
0.88 0.25 0
(Dec 31 2010)   (Jun 30 2021)




Financial Statements
African Gold Acquisition's Current Liabilities $ 9 Millions Visit AGAC's Balance sheet
African Gold Acquisition's Cash & cash equivalent $ 0 Millions Visit AGAC's Balance sheet
Source of AGAC's Sales Visit AGAC's Sales by Geography


Cumulative African Gold Acquisition's Quick Ratio

AGAC's Quick Ratio for the trailling 12 Months

AGAC Quick Ratio

(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
(Mar 31 2021)
12 Months
Y / Y Current Liabilities TTM Growth -21.42 % -21.51 % -52.97 % -39.04 % -37.11 %
Y / Y Cash & cash equivalent TTM Growth 19450192.29 % 19463676.1 % 9184667.01 % 6388354.38 % -74.09 %
Quick Ratio TTM 14512.97 12567.43 16400.44 12868.02 0.06
Total Ranking TTM # 4904 # 5244 # 4905 # 3732 #
Seq. Current Liabilities TTM Growth -13.41 % 30.5 % -21.54 % -11.37 % -13.51 %
Seq. Cash & cash equivalent TTM Growth -0 % 0 % -0 % 19450239.04 % 0.07 %


On the trailing twelve months basis Current Liabilities decreased faster than African Gold Acquisition's average Cash & cash equivalent, this led to increase in in African Gold Acquisition's Quick Ratio to 14512.97, above AGAC average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 143 other companies have achieved higher Quick Ratio than African Gold Acquisition. While Quick Ratio overall ranking has improved so far to 4904, from total ranking during the twelve months ending fourth quarter 2021 at 5244.

Explain Quick Ratio?
How much Cash & cash equivalents AGAC´s has?
What are AGAC´s Current Liabilities?

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 144
Financial Sector # 1005
Within the Market # 4904


trailing twelve months Quick Ratio Statistics
High Average Low
0.33 0.14 0.02
(Sep 30 2012)   (Dec 31 2021)




Companies with similar Quick Ratio in the quarter ending Mar 31 2022, within Blank Checks Industry Quick RatioMar 31 2022 MRQ Cash & cash equivalentMar 31 2022 MRQ Current Liabilities
Constellation Acquisition Corp I  0.14 $ 0.098  Millions$ 0.724  Millions
Avalon Acquisition Inc   0.13 $ 0.730  Millions$ 5.584  Millions
Acri Capital Acquisition Corp  0.13 $ 0.031  Millions$ 0.236  Millions
Twelve Seas Investment Company Ii  0.13 $ 0.457  Millions$ 3.537  Millions
Warburg Pincus Capital Corporation I b  0.13 $ 0.303  Millions$ 2.384  Millions
Horizon Acquisition Corporation Ii  0.12 $ 0.330  Millions$ 2.642  Millions
First Reserve Sustainable Growth Corp   0.12 $ 0.788  Millions$ 6.351  Millions
Tishman Speyer Innovation Corp Ii  0.12 $ 0.287  Millions$ 2.384  Millions
Thunder Bridge Capital Partners Iv Inc  0.12 $ 0.402  Millions$ 3.341  Millions
Fccc Inc   0.12 $ 0.025  Millions$ 0.209  Millions
Eq Health Acquisition Corp   0.11 $ 0.268  Millions$ 2.401  Millions
Acropolis Infrastructure Acquisition Corp   0.11 $ 0.403  Millions$ 3.612  Millions
Sandbridge X2 Corp  0.11 $ 0.172  Millions$ 1.591  Millions
Natural Order Acquisition Corp   0.11 $ 0.075  Millions$ 0.691  Millions
Jaws Mustang Acquisition Corporation  0.11 $ 0.514  Millions$ 4.808  Millions
Kernel Group Holdings Inc   0.10 $ 0.293  Millions$ 2.798  Millions
Focus Impact Bh3 Acquisition Company  0.10 $ 0.850  Millions$ 8.181  Millions
Goldenbridge Acquisition Ltd  0.10 $ 0.161  Millions$ 1.562  Millions
Fintech Acquisition Corp Vi  0.10 $ 0.440  Millions$ 4.274  Millions
D And Z Media Acquisition Corp   0.10 $ 0.575  Millions$ 5.970  Millions
Tb Sa Acquisition Corp  0.09 $ 0.213  Millions$ 2.315  Millions
Perception Capital Corp Iii  0.09 $ 0.720  Millions$ 8.041  Millions
Social Capital Hedosophia Holdings Corp. Iv  0.09 $ 0.165  Millions$ 1.861  Millions
Lightjump Acquisition Corporation  0.09 $ 0.199  Millions$ 2.282  Millions
Itiquira Acquisition Corp   0.09 $ 0.105  Millions$ 1.212  Millions
Lead Edge Growth Opportunities Ltd  0.09 $ 0.449  Millions$ 5.223  Millions
Vpc Impact Acquisition Holdings Ii  0.08 $ 0.327  Millions$ 3.869  Millions
Dhb Capital Corp   0.08 $ 0.131  Millions$ 1.618  Millions
Qdm International Inc   0.08 $ 0.070  Millions$ 0.871  Millions
Evo Acquisition Corp   0.08 $ 0.011  Millions$ 0.138  Millions

Date modified: 2026-09-08T15:10:38+00:00



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