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Global Star Acquisition Inc (GLSTU) |
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Global Star Acquisition Inc 's Quick Ratio
GLSTU's quarterly Quick Ratio and Cash & cash equivalent, Current Liabilities growth
Global Star Acquisition Inc 's Cash & cash equivalent grew by 111.06 % in the II Quarter 2024 sequentially, faster than Current Liabilities, this led to improvement in Global Star Acquisition Inc 's Quick Ratio to 0.23, Quick Ratio remained below Global Star Acquisition Inc average.
Within Blank Checks industry 12 other companies have achieved higher Quick Ratio than Global Star Acquisition Inc in second quarter 2024. While Quick Ratio total ranking has improved so far during the II Quarter 2024 to 1584, from total ranking in the first quarter 2024 at 2328.
Explain Quick Ratio?
How much Cash & cash equivalents GLSTU´s has?
What are GLSTU´s Current Liabilities?
Select the Comparisons :
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Select the Ratio:
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GLSTU Quick Ratio |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
Y / Y Current Liabilities Change |
513.71 % |
406.78 % |
507.89 % |
- |
- |
Y / Y Cash & cash equivalent Change |
348.24 % |
12.93 % |
71.72 % |
- |
- |
Quick Ratio MRQ |
0.23 |
0.16 |
0.41 |
0.69 |
0.32 |
GLSTU's Total
Ranking |
# 1584 |
# 2328 |
# 1450 |
# 2050 |
# 2837 |
Seq. Current Liabilities Change |
41.58 % |
11.87 % |
5.22 % |
268.23 % |
16.91 % |
Seq. Cash & cash equivalent Change |
111.06 % |
-57.44 % |
-37.66 % |
700.55 % |
-46.82 % |
Quick Ratio second quarter 2024 Company Ranking |
Within: |
No. |
Blank Checks Industry |
# 13 |
Financial Sector |
# 306 |
Overall Market |
# 1584 |
Quick Ratio Statistics |
High |
Average |
Low |
1.45 |
0.57 |
0.16 |
(Dec 31 2022) |
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(Mar 31 2024) |
Cumulative Global Star Acquisition Inc 's Quick Ratio
GLSTU's Quick Ratio for the trailling 12 Months
GLSTU Quick Ratio |
(Jun 30 2024) II. Quarter |
(Mar 31 2024) I. Quarter |
(Dec 31 2023) IV. Quarter |
(Sep 30 2023) III. Quarter |
(Jun 30 2023) II. Quarter |
Y / Y Current Liabilities TTM Growth |
513.71 % |
406.78 % |
507.89 % |
- |
- |
Y / Y Cash & cash equivalent TTM Growth |
348.24 % |
12.93 % |
71.72 % |
- |
- |
Quick Ratio TTM |
0.35 |
0.4 |
0.54 |
0.71 |
0.74 |
Total
Ranking TTM |
# 1265
| # 2547
| # 2102
| # 2622
| # 2331
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Seq. Current Liabilities TTM Growth |
41.58 % |
11.87 % |
5.22 % |
268.23 % |
16.91 % |
Seq. Cash & cash equivalent TTM Growth |
111.06 % |
-57.44 % |
-37.66 % |
700.55 % |
-46.82 % |
On the trailing twelve months basis Due to jump in Current Liabilities in the II Quarter 2024 to $5.81 millions, cumulative Quick Ratio decreased to 0.35 below the Global Star Acquisition Inc average Quick Ratio. Quick Ratio is the average cumulative value over the last four quarters.
Among companies operating within Blank Checks industry 7 other companies have achieved higher Quick Ratio than Global Star Acquisition Inc . While Quick Ratio overall ranking has improved so far to 1265, from total ranking during the twelve months ending first quarter 2024 at 2547.
Explain Quick Ratio?
How much Cash & cash equivalents GLSTU´s has?
What are GLSTU´s Current Liabilities?
TTM Quick Ratio Company Ranking |
Within: |
No. |
Within the Blank Checks Industry |
# 8 |
Financial Sector |
# 46 |
Within the Market |
# 1265 |
trailing twelve months Quick Ratio Statistics |
High |
Average |
Low |
0.71 |
0.5 |
0.35 |
(Sep 30 2023) |
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(Jun 30 2024) |
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Date modified: 2024-09-15T10:26:01+00:00
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