Fortune Rise Acquisition Quick Ratio (FRLA) starting from the third quarter 2024 to third quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Fortune Rise Acquisition Corporation  (FRLA)

Fortune Rise Acquisition's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2024, Quick Ratio fell to 0 a new company low.

Within Industrial Machinery and Components industry 101 other companies have achieved higher Quick Ratio than Fortune Rise Acquisition in third quarter 2024. While Quick Ratio total ranking in the third quarter 2024 has deteriorated compared to the prior quarter from 3150 to 4689.

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




FRLA Quick Ratio (Sep 30 2024)
Q3
(Jun 30 2024)
Q2
(Mar 31 2024)
Q1
(Dec 31 2023)
Q4
(Sep 30 2023)
Q3
Y / Y Current Liabilities Change 62.88 % 67.35 % 121.6 % 308.51 % 3045.68 %
Y / Y Cash & cash equivalent Change -92.44 % -97.89 % -95.42 % -92.51 % -51.62 %
Quick Ratio MRQ 0 0 0 0 0.02
FRLA's Total Ranking # 4689 # 3150 # 3169 # 3327 # 3927
Seq. Current Liabilities Change 11.3 % 9.03 % 13.69 % 18.06 % 14.36 %
Seq. Cash & cash equivalent Change 113.44 % -43.32 % -45.93 % -88.45 % -40.31 %



Quick Ratio third quarter 2024 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 102
Capital Goods Sector # 273
Overall Market # 4689


Quick Ratio Statistics
High Average Low
10.41 1.47 0
(Mar 31 2022)   (Jun 30 2024)




Financial Statements
Fortune Rise Acquisition's Current Liabilities $ 8 Millions Visit FRLA's Balance sheet
Fortune Rise Acquisition's Cash & cash equivalent $ 0 Millions Visit FRLA's Balance sheet
Source of FRLA's Sales Visit FRLA's Sales by Geography


Cumulative Fortune Rise Acquisition's Quick Ratio

FRLA's Quick Ratio for the trailling 12 Months

FRLA Quick Ratio

(Sep 30 2024)
12 Months
(Jun 30 2024)
12 Months
(Mar 31 2024)
12 Months
(Dec 31 2023)
12 Months
(Sep 30 2023)
12 Months
Y / Y Current Liabilities TTM Growth 102.77 % 176.87 % 364.66 % 937.73 % 4131.3 %
Y / Y Cash & cash equivalent TTM Growth -94.82 % -81.74 % -66.23 % -67.07 % -70.08 %
Quick Ratio TTM 0 0.01 0.01 0.03 0.05
Total Ranking TTM # 3649 # 2561 # 3630 # 2810 # 3620
Seq. Current Liabilities TTM Growth 12.61 % 13.39 % 20.12 % 32.2 % 53.76 %
Seq. Cash & cash equivalent TTM Growth -76.18 % -57.47 % -31.3 % -25.56 % -16.05 %


On the trailing twelve months basis Due to increase in Current Liabilities in the Q3 2024 to $7.95 millions, cumulative Quick Ratio decreased to 0 below the Fortune Rise Acquisition Corporation average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Industrial Machinery and Components industry 106 other companies have achieved higher Quick Ratio than Fortune Rise Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2024 from 2561 to 3649.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 107
Capital Goods Sector # 256
Within the Market # 3649


trailing twelve months Quick Ratio Statistics
High Average Low
0.82 0.15 0
(Dec 31 2022)   (Sep 30 2024)




Companies with similar Quick Ratio in the quarter ending Sep 30 2024, within Industrial Machinery and Components Industry Quick RatioSep 30 2024 MRQ Cash & cash equivalentSep 30 2024 MRQ Current Liabilities
Fortune Rise Acquisition Corporation 0.00 $ 0.008  Millions$ 7.952  Millions
Originclear Inc 0.00 $ 0.044  Millions$ 46.800  Millions
Asml Holding Nv 0.00 $ 6.048  Millions$ 8,378.272  Millions
Arts Way Manufacturing Co Inc 0.00 $ 0.005  Millions$ 8.174  Millions
Aura Systems Inc 0.00 $ 0.015  Millions$ 33.350  Millions
Welsbach Technology Metals Acquisition Corp 0.00 $ 0.001  Millions$ 3.549  Millions
Aaon Inc 0.00 $ 0.015  Millions$ 66.220  Millions

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



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