Genesis Growth Tech Acquisition Quick Ratio (GGAAU) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
CSIMarket
 


Genesis Growth Tech Acquisition Corp   (NASDAQ: GGAAU)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Genesis Growth Tech Acquisition 's Quick Ratio

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


Genesis Growth Tech Acquisition 's Cash & cash equivalent grew by % in the Q1 2024 sequentially, faster than Current Liabilities, this led to improvement in Genesis Growth Tech Acquisition 's Quick Ratio to 0.05, Quick Ratio remained below Genesis Growth Tech Acquisition Corp average.

Within Blank Checks industry 64 other companies have achieved higher Quick Ratio than Genesis Growth Tech Acquisition in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 0 to 4928.

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




GGAAU 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 77.75 % -76.41 % 94.94 % 440.38 % 645.75 %
Y / Y Cash & cash equivalent Change - - 107.52 % -54.7 % -
Quick Ratio MRQ 0.05 - 0.91 0.21 -
GGAAU's Total Ranking # 4928 # 0 # 2163 # 0 #
Seq. Current Liabilities Change 1.25 % 74.35 % -6.68 % 7.89 % -86.56 %
Seq. Cash & cash equivalent Change - - 302.96 % - -



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Blank Checks Industry # 65
Financial Sector # 845
Overall Market # 4928


Quick Ratio Statistics
High Average Low
4.49 1.22 0.05
(Mar 31 2022)   (Mar 31 2024)




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


Cumulative Genesis Growth Tech Acquisition 's Quick Ratio

GGAAU's Quick Ratio for the trailling 12 Months

GGAAU 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 -38.64 % -41.61 % 415.65 % 558.14 % 590.95 %
Y / Y Cash & cash equivalent TTM Growth -31.12 % -52.01 % -14.55 % -19.75 % 29.63 %
Quick Ratio TTM 0.22 0.24 0.19 0.15 0.19
Total Ranking TTM # # # # #
Seq. Current Liabilities TTM Growth 16.06 % -54.01 % 4.89 % 9.6 % 10.44 %
Seq. Cash & cash equivalent TTM Growth 7.12 % -42.2 % 31.57 % -15.44 % -25.37 %


On the trailing twelve months basis Due to unchanged in Current Liabilities in the Q1 2024 to $5.41 millions, cumulative Quick Ratio decreased to 0.22 below the Genesis Growth Tech Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 64 other companies have achieved higher Quick Ratio than Genesis Growth Tech Acquisition . While overall ranking is unchanged compared to the previous 12 months at no. 0.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 65
Financial Sector # 845
Within the Market # 4928


trailing twelve months Quick Ratio Statistics
High Average Low
4.49 1.22 0.05
(Mar 31 2022)   (Mar 31 2024)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Blank Checks Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
Gp act Iii Acquisition Corp   0.12 $ 0.153  Millions$ 1.312  Millions
Direct Selling Acquisition Corp   0.11 $ 1.451  Millions$ 13.354  Millions
Focus Impact Bh3 Acquisition Company  0.11 $ 0.578  Millions$ 5.445  Millions
Sentinel Energy Services Inc   0.10 $ 0.250  Millions$ 2.400  Millions
Gores Holdings Ix Inc   0.10 $ 0.674  Millions$ 6.607  Millions
Inspirato Incorporated  0.10 $ 22.626  Millions$ 227.613  Millions
Thunder Bridge Capital Partners Iv Inc  0.09 $ 0.650  Millions$ 6.906  Millions
Enphys Acquisition Corp   0.09 $ 0.159  Millions$ 1.710  Millions
Moringa Acquisition Corp  0.09 $ 0.005  Millions$ 0.057  Millions
Dp Cap Acquisition Corp I  0.08 $ 0.124  Millions$ 1.567  Millions
Shoulderup Technology Acquisition Corp  0.07 $ 0.335  Millions$ 4.563  Millions
Climaterock  0.07 $ 0.316  Millions$ 4.534  Millions
Renewable Energy Acquisition Corp   0.07 $ 0.013  Millions$ 0.198  Millions
Public Co Management Corp  0.06 $ 0.036  Millions$ 0.563  Millions
Cartesian Growth Corporation Ii  0.06 $ 0.121  Millions$ 1.982  Millions
Hhg Capital Corporation  0.06 $ 0.032  Millions$ 0.532  Millions
Alpha Partners Technology Merger Corp  0.06 $ 0.041  Millions$ 0.698  Millions
Newbury Street Acquisition Corp  0.06 $ 0.956  Millions$ 16.512  Millions
Jaws Mustang Acquisition Corporation  0.05 $ 0.250  Millions$ 4.616  Millions
Ault Disruptive Technologies Corporation  0.05 $ 0.135  Millions$ 2.560  Millions
Libity  0.05 $ 0.095  Millions$ 1.851  Millions
Generation Asia I Acquisition Limited  0.05 $ 0.132  Millions$ 2.735  Millions
Excelfin Acquisition Corp   0.05 $ 0.609  Millions$ 12.817  Millions
Genesis Growth Tech Acquisition Corp   0.05 $ 0.247  Millions$ 5.406  Millions
Bleuacacia Ltd  0.04 $ 0.041  Millions$ 1.018  Millions
Learn Cw Investment Corp  0.04 $ 0.252  Millions$ 7.158  Millions
Compass Digital Acquisition Corp   0.03 $ 0.030  Millions$ 0.918  Millions
Kinetic Seas Inc.  0.03 $ 0.002  Millions$ 0.057  Millions
Churchill Capital Corp Vii  0.03 $ 0.720  Millions$ 24.380  Millions
Iris Acquisition Corp  0.03 $ 0.202  Millions$ 6.946  Millions

Date modified: 2026-09-26T07:41:22+00:00



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.