Better World Acquisition Quick Ratio (BWAC) starting from the first quarter 2023 to first quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Better World Acquisition Corp   (NASDAQ: BWAC)

Better World Acquisition 's Quick Ratio

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


Better World Acquisition 's Cash & cash equivalent grew by 5871.51 % in the Q1 2023 sequentially, faster than Current Liabilities, this led to improvement in Better World Acquisition 's Quick Ratio to 0.03, Quick Ratio remained below Better World Acquisition Corp average.

Within Nonalcoholic Beverages industry 26 other companies have achieved higher Quick Ratio than Better World Acquisition in first quarter 2023. While Quick Ratio total ranking in the first quarter 2023 has deteriorated compared to the prior quarter from 4725 to 5343.

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




BWAC Quick Ratio (Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
Y / Y Current Liabilities Change 859.55 % 796.24 % -12.64 % 136.12 % 4696 %
Y / Y Cash & cash equivalent Change 86.48 % -99.15 % -83.08 % -92.08 % -91.51 %
Quick Ratio MRQ 0.03 0 0.14 0.13 0.16
BWAC's Total Ranking # 5343 # 4725 # 4348 # 4430 # 4282
Seq. Current Liabilities Change 19.18 % 556.44 % 39.06 % -11.8 % 11.32 %
Seq. Cash & cash equivalent Change 5871.51 % -97.17 % 50.5 % -26.64 % -72.73 %



Quick Ratio first quarter 2023 Company Ranking
Within: No.
Nonalcoholic Beverages Industry # 27
Consumer Non Cyclical Sector # 191
Overall Market # 5343


Quick Ratio Statistics
High Average Low
10.37 1.74 0
(Dec 31 2020)   (Dec 31 2022)




Financial Statements
Better World Acquisition 's Current Liabilities $ 5 Millions Visit BWAC's Balance sheet
Better World Acquisition 's Cash & cash equivalent $ 0 Millions Visit BWAC's Balance sheet
Source of BWAC's Sales Visit BWAC's Sales by Geography


Cumulative Better World Acquisition 's Quick Ratio

BWAC's Quick Ratio for the trailling 12 Months

BWAC Quick Ratio

(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
Y / Y Current Liabilities TTM Growth 437.44 % 313.84 % 99.93 % 597.15 % 1521.79 %
Y / Y Cash & cash equivalent TTM Growth -81.75 % -90.82 % -84.16 % -65.48 % -19.04 %
Quick Ratio TTM 0.03 0.04 0.26 0.45 0.88
Total Ranking TTM # 4275 # 3626 # 0 # 4606 # 2627
Seq. Current Liabilities TTM Growth 77.02 % 178.52 % -4.24 % 13.83 % 36.31 %
Seq. Cash & cash equivalent TTM Growth 30.14 % -55.9 % -45.45 % -41.72 % -34.52 %


On the trailing twelve months basis Due to increase in Current Liabilities in the Q1 2023 to $4.60 millions, cumulative Quick Ratio decreased to 0.03 below the Better World Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Nonalcoholic Beverages industry 26 other companies have achieved higher Quick Ratio than Better World Acquisition . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2022 from 3626 to 4275.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Nonalcoholic Beverages Industry # 27
Consumer Non Cyclical Sector # 191
Within the Market # 4275


trailing twelve months Quick Ratio Statistics
High Average Low
10.37 1.74 0
(Dec 31 2020)   (Dec 31 2022)




Companies with similar Quick Ratio in the quarter ending Mar 31 2023, within Nonalcoholic Beverages Industry Quick RatioMar 31 2023 MRQ Cash & cash equivalentMar 31 2023 MRQ Current Liabilities
Tengjun Biotechnology Corp   0.08 $ 12.014  Millions$ 158.153  Millions
Constellation Brands Inc   0.04 $ 133.500  Millions$ 2,968.300  Millions
Better World Acquisition Corp   0.03 $ 0.141  Millions$ 4.602  Millions
Pacific Ventures Group Inc   0.03 $ 0.338  Millions$ 11.338  Millions
Keurig Dr Pepper Inc   0.02 $ 204.000  Millions$ 8,226.000  Millions
Willamette Valley Vineyards Inc   0.02 $ 0.154  Millions$ 8.202  Millions
Reed s Inc   0.02 $ 0.467  Millions$ 26.763  Millions
Iconic Brands Inc   0.01 $ 0.213  Millions$ 14.349  Millions
Kona Gold Beverage Inc   0.01 $ 0.077  Millions$ 5.751  Millions
Beeline Holdings Inc   0.01 $ 0.267  Millions$ 21.292  Millions

Date modified: 2026-09-08T15:22:11+00:00



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