Industrial Tech Acquisitions Ii Inc Quick Ratio (ITAQU) starting from the second quarter 2023 to second quarter 2022, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Industrial Tech Acquisitions Ii Inc   (NASDAQ: ITAQU)

Industrial Tech Acquisitions Ii Inc 's Quick Ratio

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


Industrial Tech Acquisitions Ii Inc 's Cash & cash equivalent grew by 165.82 % in the Q2 2023 sequentially, faster than Current Liabilities, this led to improvement in Industrial Tech Acquisitions Ii Inc 's Quick Ratio to 0.17, Quick Ratio remained below Industrial Tech Acquisitions Ii Inc average.

Within Chemical Manufacturing industry 57 other companies have achieved higher Quick Ratio than Industrial Tech Acquisitions Ii Inc in second quarter 2023. While Quick Ratio total ranking has improved so far during the Q2 2023 to 4003, from total ranking in the first quarter 2023 at 4274.

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




ITAQU 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 86.9 % -36.88 % 350.02 % - -
Y / Y Cash & cash equivalent Change -36.27 % -81.9 % 2210.27 % - -
Quick Ratio MRQ 0.17 0.13 0.47 0.5 0.51
ITAQU's Total Ranking # 4003 # 4274 # 2568 # 2801 # 2789
Seq. Current Liabilities Change 98.32 % 44.95 % -25.79 % -12.39 % -33.02 %
Seq. Cash & cash equivalent Change 165.82 % -60.4 % -30.19 % -13.27 % -24.51 %



Quick Ratio second quarter 2023 Company Ranking
Within: No.
Chemical Manufacturing Industry # 58
Basic Materials Sector # 279
Overall Market # 4003


Quick Ratio Statistics
High Average Low
0.51 0.33 0.09
(Jun 30 2022)   (Dec 31 2021)




Financial Statements
Industrial Tech Acquisitions Ii Inc 's Current Liabilities $ 3 Millions Visit ITAQU's Balance sheet
Industrial Tech Acquisitions Ii Inc 's Cash & cash equivalent $ 0 Millions Visit ITAQU's Balance sheet
Source of ITAQU's Sales Visit ITAQU's Sales by Geography


Cumulative Industrial Tech Acquisitions Ii Inc 's Quick Ratio

ITAQU's Quick Ratio for the trailling 12 Months

ITAQU 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 64.46 % 111.82 % 2682.08 % - -
Y / Y Cash & cash equivalent TTM Growth -0.04 % 100.81 % 14390.08 % - -
Quick Ratio TTM 0.27 0.4 0.48 0.46 0.45
Total Ranking TTM # 4227 # 2921 # 4112 # 4187 # 2508
Seq. Current Liabilities TTM Growth 25.05 % -13.7 % 14.39 % 33.22 % 61.07 %
Seq. Cash & cash equivalent TTM Growth -13.37 % -28.57 % 18 % 36.89 % 74.03 %


On the trailing twelve months basis Due to jump in Current Liabilities in the Q2 2023 to $2.76 millions, cumulative Quick Ratio decreased to 0.27 below the Industrial Tech Acquisitions Ii Inc average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Chemical Manufacturing industry 79 other companies have achieved higher Quick Ratio than Industrial Tech Acquisitions Ii Inc . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2023 from 2921 to 4227.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Chemical Manufacturing Industry # 80
Basic Materials Sector # 300
Within the Market # 4227


trailing twelve months Quick Ratio Statistics
High Average Low
0.48 0.39 0.27
(Dec 31 2022)   (Jun 30 2023)




Companies with similar Quick Ratio in the quarter ending Jun 30 2023, within Chemical Manufacturing Industry Quick RatioJun 30 2023 MRQ Cash & cash equivalentJun 30 2023 MRQ Current Liabilities
Innospec Inc   0.45 $ 165.900  Millions$ 364.900  Millions
The Chemours Company  0.43 $ 945.000  Millions$ 2,190.000  Millions
Huntsman Corporation  0.43 $ 502.000  Millions$ 1,176.000  Millions
Alto Ingredients Inc   0.42 $ 22.739  Millions$ 54.772  Millions
Xpel Inc   0.40 $ 14.298  Millions$ 35.396  Millions
Northern Technologies International Corporation  0.40 $ 6.195  Millions$ 15.351  Millions
Wd 40 Company  0.40 $ 38.403  Millions$ 95.309  Millions
Axalta Coating Systems Ltd   0.39 $ 520.000  Millions$ 1,329.200  Millions
Newmarket Corporation  0.38 $ 130.923  Millions$ 349.038  Millions
Lyondellbasell Industries N v   0.36 $ 2,494.000  Millions$ 7,017.000  Millions
Perimeter Solutions Inc   0.33 $ 22.118  Millions$ 66.427  Millions
Rpm International Inc   0.32 $ 277.037  Millions$ 873.502  Millions
Ecovyst Inc   0.31 $ 29.232  Millions$ 93.933  Millions
Cabot Corporation  0.30 $ 220.000  Millions$ 738.000  Millions
Linde Plc  0.30 $ 3,357.000  Millions$ 11,306.000  Millions
Univar Solutions Inc   0.30 $ 429.500  Millions$ 1,450.600  Millions
Sealed Air Corp  0.26 $ 475.300  Millions$ 1,850.000  Millions
Corteva Inc   0.25 $ 2,616.000  Millions$ 10,346.000  Millions
Methanex Corporation  0.25 $ 458.015  Millions$ 1,827.085  Millions
Braskem Sa  0.25 $ 7,243.813  Millions$ 29,220.110  Millions
Ppg Industries Inc  0.24 $ 1,296.000  Millions$ 5,416.000  Millions
Ingevity Corporation  0.23 $ 68.000  Millions$ 293.400  Millions
Fmc Corporation  0.22 $ 941.500  Millions$ 4,352.700  Millions
Kraig Biocraft Laboratories Inc   0.18 $ 1.539  Millions$ 8.337  Millions
Tronox Holdings Plc  0.18 $ 167.000  Millions$ 917.000  Millions
Industrial Tech Acquisitions Ii Inc   0.17 $ 0.475  Millions$ 2.757  Millions
Flotek Industries Inc  0.17 $ 8.942  Millions$ 53.257  Millions
Sensient Technologies Corp  0.16 $ 36.546  Millions$ 222.646  Millions
Orion S a   0.16 $ 77.300  Millions$ 476.100  Millions
International Flavors and Fragrances Inc  0.16 $ 638.000  Millions$ 3,932.000  Millions

Date modified: 2026-09-18T13:11:05+00:00



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