Growth For Good Acquisition Quick Ratio (GFGD) starting from the second quarter 2023 to second quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Growth For Good Acquisition Corp  (NASDAQ: GFGD)

Growth For Good Acquisition's Quick Ratio

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


In the wake of the increase in Current Liabilities in the second quarter 2023, Quick Ratio fell to 0.02 a new company low.

Within Auto & Truck Parts industry 43 other companies have achieved higher Quick Ratio than Growth For Good Acquisition in second quarter 2023. While Quick Ratio total ranking in the second quarter 2023 has deteriorated compared to the prior quarter from 3813 to 4459.

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




GFGD Quick Ratio (Jun 30 2023)
Q2
(Mar 31 2023)
Q1
(Dec 31 2022)
Q4
(Sep 30 2022)
Q3
(Jun 30 2022)
Q2
Y / Y Current Liabilities Change 1768.61 % 1735.91 % 669.99 % - -
Y / Y Cash & cash equivalent Change -93.49 % -84.54 % -53.06 % - -
Quick Ratio MRQ 0.02 0.11 1.68 2.53 4.62
GFGD's Total Ranking # 4459 # 3813 # 1447 # 1237 # 1262
Seq. Current Liabilities Change 143.85 % 300.28 % 24.64 % 53.59 % 139.59 %
Seq. Cash & cash equivalent Change -62.99 % -74.71 % -17.53 % -15.71 % -12.07 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Auto & Truck Parts Industry # 44
Consumer Discretionary Sector # 156
Overall Market # 4459


Quick Ratio Statistics
High Average Low
12.58 3.59 0.02
(Mar 31 2022)   (Jun 30 2023)




Financial Statements
Growth For Good Acquisition's Current Liabilities $ 5 Millions Visit GFGD's Balance sheet
Growth For Good Acquisition's Cash & cash equivalent $ 0 Millions Visit GFGD's Balance sheet
Source of GFGD's Sales Visit GFGD's Sales by Geography


Cumulative Growth For Good Acquisition's Quick Ratio

GFGD's Quick Ratio for the trailling 12 Months

GFGD Quick Ratio

(Jun 30 2023)
12 Months
(Mar 31 2023)
12 Months
(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
Y / Y Current Liabilities TTM Growth 1688.66 % 1718.76 % 1857.85 % - -
Y / Y Cash & cash equivalent TTM Growth -50.83 % 3.66 % 148.2 % - -
Quick Ratio TTM 0.28 1.03 3.49 6.43 10.02
Total Ranking TTM # 4237 # 3316 # 392 # 0 # 0
Seq. Current Liabilities TTM Growth 146.01 % 148.85 % 52.02 % 92.19 % 150.15 %
Seq. Cash & cash equivalent TTM Growth -34.45 % -26.16 % -17.61 % 23.3 % 38.2 %


On the trailing twelve months basis Due to in Current Liabilities in the Q2 2023 to $4.75 millions, cumulative Quick Ratio decreased to 0.28 below the Growth For Good Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Auto & Truck Parts industry 43 other companies have achieved higher Quick Ratio than Growth For Good Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 3316 to 4237.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Auto & Truck Parts Industry # 44
Consumer Discretionary Sector # 168
Within the Market # 4237


trailing twelve months Quick Ratio Statistics
High Average Low
3.49 1.6 0.28
(Dec 31 2022)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Jun 30 2023, within Auto & Truck Parts Industry Quick RatioJun 30 2023 MRQ Cash & cash equivalentJun 30 2023 MRQ Current Liabilities
Motorcar Parts Of America Inc   0.03 $ 13.046  Millions$ 418.450  Millions
Canoo Inc  0.02 $ 4.993  Millions$ 202.358  Millions
Zapp Electric Vehicles Group Limited  0.02 $ 0.823  Millions$ 43.583  Millions
Growth For Good Acquisition Corp  0.02 $ 0.076  Millions$ 4.750  Millions
Omnitek Engineering Corp   0.01 $ 0.018  Millions$ 1.545  Millions

Date modified: 2026-08-29T17:47:09+00:00



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