Canna Global Acquisition Quick Ratio (CNGLU) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Canna global Acquisition Corp  (NASDAQ: CNGLU)

Canna Global Acquisition's Quick Ratio

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


Canna Global Acquisition's Cash & cash equivalent grew by 4945.09 % in the Q1 2024 sequentially, faster than Current Liabilities, this led to improvement in Canna Global Acquisition's Quick Ratio to 0.01, Quick Ratio remained below Canna global Acquisition Corp average.

Within Cloud Computing & Data Analytics industry 107 other companies have achieved higher Quick Ratio than Canna Global Acquisition in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 3954 to 4381.

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




CNGLU Quick Ratio (Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
(Jun 30 2023)
Q2
(Mar 31 2023)
Q1
Y / Y Current Liabilities Change 103.21 % 158.53 % 2910.86 % 812.3 % -
Y / Y Cash & cash equivalent Change -49.74 % -98.64 % -87.88 % -100 % -
Quick Ratio MRQ 0.01 0 0 0 0.04
CNGLU's Total Ranking # 4381 # 3954 # 4001 # 4978 # 3987
Seq. Current Liabilities Change 12.2 % 20.97 % 15.13 % 30.05 % 42.74 %
Seq. Cash & cash equivalent Change 4945.09 % -82.99 % 36300 % -99.98 % 36.92 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 108
Technology Sector # 636
Overall Market # 4381


Quick Ratio Statistics
High Average Low
2.16 0.33 0
(Dec 31 2021)   (Jun 30 2023)




Financial Statements
Canna Global Acquisition's Current Liabilities $ 4 Millions Visit CNGLU's Balance sheet
Canna Global Acquisition's Cash & cash equivalent $ 0 Millions Visit CNGLU's Balance sheet
Source of CNGLU's Sales Visit CNGLU's Sales by Geography


Cumulative Canna Global Acquisition's Quick Ratio

CNGLU's Quick Ratio for the trailling 12 Months

CNGLU Quick Ratio

(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
Y / Y Current Liabilities TTM Growth 250.85 % 528.2 % 2239.46 % 2040.14 % -
Y / Y Cash & cash equivalent TTM Growth -94.26 % -88.06 % -78.23 % -71.38 % -
Quick Ratio TTM 0 0.01 0.02 0.03 0.21
Total Ranking TTM # 4383 # 3831 # 3373 # 3749 # 3833
Seq. Current Liabilities TTM Growth 18.4 % 24.69 % 47.45 % 61.18 % 112 %
Seq. Cash & cash equivalent TTM Growth -46.55 % -40.27 % -19.18 % -77.75 % 11.18 %


On the trailing twelve months basis Due to increase in Current Liabilities in the Q1 2024 to $3.80 millions, cumulative Quick Ratio decreased to 0 below the Canna Global Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Cloud Computing & Data Analytics industry 147 other companies have achieved higher Quick Ratio than Canna Global Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2023 from 3831 to 4383.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 148
Technology Sector # 774
Within the Market # 4383


trailing twelve months Quick Ratio Statistics
High Average Low
0.37 0.11 0
(Dec 31 2022)   (Mar 31 2024)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Cloud Computing & Data Analytics Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
E-Smart Corp.  0.03 $ 0.000  Millions$ 0.004  Millions
Pagseguro Digital Ltd   0.02 $ 176.257  Millions$ 8,121.452  Millions
Micromem Technologies Inc   0.02 $ 0.126  Millions$ 6.961  Millions
Lytus Technologies Holdings Ptv Ltd   0.02 $ 0.246  Millions$ 13.976  Millions
Godaddy Inc   0.01 $ 35.800  Millions$ 2,722.300  Millions
Applied Digital Corporation  0.01 $ 4.435  Millions$ 349.160  Millions
Omniq Corp   0.01 $ 0.881  Millions$ 72.486  Millions
Digerati Technologies Inc   0.01 $ 0.969  Millions$ 79.803  Millions
Canna global Acquisition Corp  0.01 $ 0.037  Millions$ 3.801  Millions
Kwikclick Inc   0.01 $ 0.030  Millions$ 3.085  Millions
Hartford Creative Group Inc   0.01 $ 0.041  Millions$ 4.766  Millions
DYNAMIC AEROSPACE SYSTEMS Corp  0.01 $ 0.001  Millions$ 0.184  Millions
Electronic Servitor Publication Network Inc 0.00 $ 0.012  Millions$ 2.829  Millions
The Crypto Company 0.00 $ 0.022  Millions$ 5.510  Millions
Plum Acquisition Corp I 0.00 $ 0.033  Millions$ 8.952  Millions
Spectral Capital Corporation 0.00 $ 0.001  Millions$ 0.398  Millions

Date modified: 2026-09-26T07:41:43+00:00



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