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Newcourt Acquisition Corp  (NCAC)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial

Newcourt Acquisition's Quick Ratio

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


Newcourt Acquisition's Cash & cash equivalent grew by 799.55 % in the III Quarter 2023 sequentially, faster than Current Liabilities, this led to improvement in Newcourt Acquisition's Quick Ratio to 0.06, Quick Ratio remained below Newcourt Acquisition Corp average.

Within Blank Checks industry 76 other companies have achieved higher Quick Ratio than Newcourt Acquisition in third quarter 2023. While Quick Ratio total ranking in the third quarter 2023 has deteriorated compared to the prior quarter from 3756 to 3828.

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


NCAC Quick Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities Change 587.8 % 591.33 % 1493.26 % 24.57 % -
Y / Y Cash & cash equivalent Change -71.27 % -97.73 % -97.54 % 2068 % -
Quick Ratio MRQ 0.06 0.01 0.01 1.15 1.44
NCAC's Total Ranking # 3828 # 3756 # 4007 # 3632 # 1900
Seq. Current Liabilities Change 48.99 % -9.87 % 485.35 % -12.49 % 49.75 %
Seq. Cash & cash equivalent Change 799.55 % -38.57 % -92.58 % -29.96 % -28.95 %



Quick Ratio third quarter 2023 Company Ranking
Within: No.
Blank Checks Industry # 77
Financial Sector # 728
Overall Market # 3828


Quick Ratio Statistics
High Average Low
9.44 1.9 0.01
(Dec 31 2021)   (Jun 30 2023)




Financial Statements
Newcourt Acquisition's Current Liabilities $ 1 Millions Visit NCAC's Balance sheet
Newcourt Acquisition's Cash & cash equivalent $ 0 Millions Visit NCAC's Balance sheet
Source of NCAC's Sales Visit NCAC's Sales by Geography


Cumulative Newcourt Acquisition's Quick Ratio

NCAC's Quick Ratio for the trailling 12 Months

NCAC Quick Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
Y / Y Current Liabilities TTM Growth 587.8 % 591.33 % 1493.26 % 24.57 % -
Y / Y Cash & cash equivalent TTM Growth -71.27 % -97.73 % -97.54 % 2068 % -
Quick Ratio TTM 0.09 0.22 0.59 2.62 2.43
Total Ranking TTM # 3887 # 3579 # 3445 # 2748 # 1061
Seq. Current Liabilities TTM Growth 48.99 % -9.87 % 485.35 % -12.49 % 49.75 %
Seq. Cash & cash equivalent TTM Growth 799.55 % -38.57 % -92.58 % -29.96 % -28.95 %


On the trailing twelve months basis Due to jump in Current Liabilities in the III Quarter 2023 to $1.47 millions, cumulative Quick Ratio decreased to 0.09 below the Newcourt Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 172 other companies have achieved higher Quick Ratio than Newcourt Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2023 from 3579 to 3887.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 173
Financial Sector # 281
Within the Market # 3887


trailing twelve months Quick Ratio Statistics
High Average Low
2.62 0.8 0.01
(Sep 30 2022)   (Sep 30 2023)




Companies with similar Quick Ratio in the quarter ending Sep 30 2023, within Blank Checks Industry Quick RatioSep 30 2023 MRQ Cash & cash equivalentSep 30 2023 MRQ Current Liabilities
Roth Ch Acquisition V Co   0.14 $ 0.113  Millions$ 0.785  Millions
Direct Selling Acquisition Corp   0.14 $ 0.859  Millions$ 6.154  Millions
Cartesian Growth Corporation Ii  0.12 $ 0.027  Millions$ 0.218  Millions
Churchill Capital Corp Vii  0.12 $ 2.052  Millions$ 17.633  Millions
Pegasus Digital Mobility Acquisition Corp   0.11 $ 0.356  Millions$ 3.112  Millions
Ridgefield Acquisition Corp  0.11 $ 0.013  Millions$ 0.121  Millions
Public Co Management Corp  0.11 $ 0.059  Millions$ 0.556  Millions
Frontier Investment Corp  0.10 $ 0.368  Millions$ 3.651  Millions
Twelve Seas Investment Company Ii  0.10 $ 0.279  Millions$ 2.793  Millions
Marblegate Acquisition Corp   0.10 $ 0.050  Millions$ 0.513  Millions
Black Mountain Acquisition Corp   0.09 $ 0.466  Millions$ 5.010  Millions
Keyarch Acquisition Corporation  0.09 $ 0.216  Millions$ 2.335  Millions
Rcf Acquisition Corp   0.09 $ 0.150  Millions$ 1.617  Millions
Enphys Acquisition Corp   0.09 $ 0.043  Millions$ 0.475  Millions
Chenghe Acquisition Co   0.09 $ 0.186  Millions$ 2.167  Millions
Nova Vision Acquisition Corp   0.08 $ 0.163  Millions$ 2.010  Millions
Ault Disruptive Technologies Corporation  0.08 $ 0.158  Millions$ 2.019  Millions
Altenergy Acquisition Corp   0.08 $ 0.321  Millions$ 4.107  Millions
Cc Neuberger Principal Holdings Iii  0.07 $ 0.050  Millions$ 0.667  Millions
Aspac Ii Acquisition Corp   0.07 $ 0.532  Millions$ 7.146  Millions
Iris Acquisition Corp  0.07 $ 0.338  Millions$ 4.604  Millions
Cactus Acquisition Corp 1 Limited  0.07 $ 0.000  Millions$ 0.000  Millions
New Providence Acquisition Corp Ii  0.07 $ 0.257  Millions$ 3.746  Millions
Beard Energy Transition Acquisition Corp   0.07 $ 0.317  Millions$ 4.725  Millions
Cetus Capital Acquisition Corp   0.07 $ 0.040  Millions$ 0.598  Millions
Cartica Acquisition Corp  0.07 $ 0.021  Millions$ 0.324  Millions
Arisz Acquisition Corp   0.06 $ 0.215  Millions$ 3.330  Millions
Alphatime Acquisition Corp  0.06 $ 0.057  Millions$ 0.880  Millions
Osiris Acquisition Corp   0.06 $ 0.285  Millions$ 4.572  Millions
Quantum Fintech Acquisition Corporation  0.06 $ 0.713  Millions$ 11.565  Millions

Date modified: 2023-11-22T11:21:20+00:00



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