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Fast Acquisition Corp Ii  (FZT)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial

Fast Acquisition Ii's Working Capital Ratio

FZT's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the second quarter 2023, Working Capital Ratio fell to 0.06 a new company low.

Within Blank Checks industry 195 other companies have achieved higher Working Capital Ratio than Fast Acquisition Ii in second quarter 2023. While Working Capital Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 3945 to 4582.

Explain Working Capital Ratio
How much in Current Assets FZT´s has?
What is the value of FZT´s Current Liabilities?


FZT Working Capital Ratio (Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities Change 444.37 % 1968.08 % 481.68 % 680.19 % -
Y / Y Current Assets Change -27.95 % 66.35 % -47.32 % -46.63 % -
Working Capital Ratio MRQ 0.06 0.11 0.22 0.26 0.45
FZT's Total Ranking # 4582 # 3945 # 4562 # 4762 # 3924
Seq. Current Liabilities Change 11.71 % 156.7 % 0.47 % 88.94 % 324.41 %
Seq. Current Assets Change -36.41 % 22.22 % -14.31 % 8.19 % 46.82 %



Working Capital Ratio second quarter 2023 Company Ranking
Within: No.
Blank Checks Industry # 196
Financial Sector # 929
Overall Market # 4582


Working Capital Ratio Statistics
High Average Low
3.81 1.08 0.06
(Jun 30 2021)   (Jun 30 2023)




Financial Statements
Fast Acquisition Ii's Current Liabilities $ 8 Millions Visit FZT's Balance sheet
Fast Acquisition Ii's Current Assets $ 0 Millions Visit FZT's Balance sheet
Source of FZT's Sales Visit FZT's Sales by Geography


Cumulative Fast Acquisition Ii's Working Capital Ratio

FZT's Working Capital Ratio for the trailling 12 Months

FZT Working Capital Ratio

(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 444.37 % 1968.08 % 481.68 % 680.19 % -
Y / Y Current Assets TTM Growth -27.95 % 66.35 % -47.32 % -46.63 % -
Working Capital Ratio TTM 0.12 0.2 0.33 0.6 1.38
Total Ranking TTM # 4267 # 4143 # 3538 # 3657 # 3782
Seq. Current Liabilities TTM Growth 11.71 % 156.7 % 0.47 % 88.94 % 324.41 %
Seq. Current Assets TTM Growth -36.41 % 22.22 % -14.31 % 8.19 % 46.82 %


On the trailing twelve months basis Due to increase in Current Liabilities in the II Quarter 2023 to $7.99 millions, cumulative Working Capital Ratio decreased to 0.12 below the Fast Acquisition Corp Ii average Working Capital Ratio.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 207 other companies have achieved higher Working Capital Ratio than Fast Acquisition Ii. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 4143 to 4267.

Explain Working Capital Ratio
How much in Current Assets FZT´s has?
What is the value of FZT´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 208
Financial Sector # 331
Within the Market # 4267


trailing twelve months Working Capital Ratio Statistics
High Average Low
1.11 0.46 0.11
(Jun 30 2022)   (Jun 30 2023)




Companies with similar Working Capital Ratio in the quarter ending Jun 30 2023, within Blank Checks Industry Working Capital RatioJun 30 2023 MRQ Current AssetsJun 30 2023 MRQ Current Liabilities
Jaguar Global Growth Corporation I  0.16 $ 0.662  Millions$ 4.109  Millions
Swiftmerge Acquisition Corp   0.16 $ 0.453  Millions$ 2.821  Millions
Clean Energy Special Situations Corp   0.14 $ 0.138  Millions$ 0.952  Millions
Valuence Merger Corp I  0.14 $ 0.460  Millions$ 3.328  Millions
Quantum Fintech Acquisition Corporation  0.13 $ 1.212  Millions$ 9.115  Millions
Schultze Special Purpose Acquisition Corp Ii  0.13 $ 0.591  Millions$ 4.469  Millions
Black Mountain Acquisition Corp   0.13 $ 0.559  Millions$ 4.359  Millions
Acri Capital Acquisition Corporation  0.13 $ 0.215  Millions$ 1.689  Millions
Battery Future Acquisition Corp   0.13 $ 0.348  Millions$ 2.741  Millions
Mountain Crest Acquisition Corp V  0.12 $ 0.131  Millions$ 1.069  Millions
Sk Growth Opportunities Corporation  0.12 $ 0.687  Millions$ 5.644  Millions
Project Energy Reimagined Acquisition Corp   0.12 $ 0.200  Millions$ 1.651  Millions
Liberty Resources Acquisition Corp   0.12 $ 0.640  Millions$ 5.322  Millions
Williams Rowland Acquisition Corp   0.12 $ 0.266  Millions$ 2.277  Millions
Hudson Acquisition I Corp   0.12 $ 0.141  Millions$ 1.211  Millions
Onyx Acquisition Co I  0.12 $ 0.342  Millions$ 2.940  Millions
Accretion Acquisition Corp   0.12 $ 0.343  Millions$ 2.961  Millions
Sdcl Edge Acquisition Corporation  0.11 $ 0.366  Millions$ 3.318  Millions
Ix Acquisition Corp   0.11 $ 0.207  Millions$ 1.909  Millions
Globalink Investment Inc   0.11 $ 0.290  Millions$ 2.748  Millions
Mobiv Acquisition Corp  0.10 $ 0.226  Millions$ 2.164  Millions
New Providence Acquisition Corp Ii  0.10 $ 0.338  Millions$ 3.284  Millions
Haymaker Acquisition Corp 4  0.10 $ 0.029  Millions$ 0.278  Millions
Infinite Acquisition Corp   0.10 $ 0.123  Millions$ 1.230  Millions
Marblegate Acquisition Corp   0.10 $ 0.292  Millions$ 2.993  Millions
Fortune Rise Acquisition Corporation  0.09 $ 0.399  Millions$ 4.269  Millions
Capitalworks Emerging Markets Acquisition Corp  0.09 $ 0.184  Millions$ 2.026  Millions
Arisz Acquisition Corp   0.09 $ 0.205  Millions$ 2.291  Millions
Winvest Acquisition Corp   0.09 $ 0.228  Millions$ 2.539  Millions
Lamf Global Ventures Corp I  0.09 $ 0.291  Millions$ 3.400  Millions

Date modified: 2023-08-16T14:00:48+00:00



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