Oceantech Acquisitions I Quick Ratio (OTEC) starting from the first quarter 2024 to first quarter 2023, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Oceantech Acquisitions I Corp   (NASDAQ: OTEC)

Oceantech Acquisitions I 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the first quarter 2024, Quick Ratio fell to 0 a new company low.

Within Medical Equipment & Supplies industry 228 other companies have achieved higher Quick Ratio than Oceantech Acquisitions I in first quarter 2024. While Quick Ratio total ranking in the first quarter 2024 has deteriorated compared to the prior quarter from 3329 to 4839.

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




OTEC 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 99.09 % 240 % 428.65 % 983.21 % 637.72 %
Y / Y Cash & cash equivalent Change 5.17 % 182.61 % 159.76 % 34.13 % -88.29 %
Quick Ratio MRQ 0 0.02 0.01 0.04 0.01
OTEC's Total Ranking # 4839 # 3329 # 4484 # 5448 # 4780
Seq. Current Liabilities Change 11.16 % 9.19 % 10.7 % 48.17 % 89.82 %
Seq. Cash & cash equivalent Change -83.02 % 35.05 % -63.18 % 1145.44 % -54.36 %



Quick Ratio first quarter 2024 Company Ranking
Within: No.
Medical Equipment & Supplies Industry # 229
Healthcare Sector # 1039
Overall Market # 4839


Quick Ratio Statistics
High Average Low
526 48.05 0
(Mar 31 2021)   (Mar 31 2024)




Financial Statements
Oceantech Acquisitions I 's Current Liabilities $ 6 Millions Visit OTEC's Balance sheet
Oceantech Acquisitions I 's Cash & cash equivalent $ 0 Millions Visit OTEC's Balance sheet
Source of OTEC's Sales Visit OTEC's Sales by Geography


Cumulative Oceantech Acquisitions I 's Quick Ratio

OTEC's Quick Ratio for the trailling 12 Months

OTEC 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 249.77 % 432.99 % 580.26 % 537.81 % 316.57 %
Y / Y Cash & cash equivalent TTM Growth 70.52 % 11.26 % -48.53 % -71.09 % -81.71 %
Quick Ratio TTM 0.02 0.02 0.02 0.03 0.04
Total Ranking TTM # 4375 # 2989 # 3970 # 4727 # 3788
Seq. Current Liabilities TTM Growth 16.76 % 27.2 % 40.07 % 68.14 % 77.92 %
Seq. Cash & cash equivalent TTM Growth 0.21 % 19.78 % 16.2 % 22.25 % -34.61 %


On the trailing twelve months basis In Spite of the increase in Current Liabilities in the Q1 2024 to $6.10 millions, cumulative Quick Ratio remained unchanged at 0.02 below the Oceantech Acquisitions I Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Medical Equipment & Supplies industry 238 other companies have achieved higher Quick Ratio than Oceantech Acquisitions I . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the fourth quarter 2023 from 2989 to 4375.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Medical Equipment & Supplies Industry # 239
Healthcare Sector # 1095
Within the Market # 4375


trailing twelve months Quick Ratio Statistics
High Average Low
0.38 0.11 0.02
(Sep 30 2022)   (Mar 31 2024)




Companies with similar Quick Ratio in the quarter ending Mar 31 2024, within Medical Equipment & Supplies Industry Quick RatioMar 31 2024 MRQ Cash & cash equivalentMar 31 2024 MRQ Current Liabilities
Uphealth Inc   0.01 $ 0.955  Millions$ 145.526  Millions
Yunhong Green Cti Ltd   0.01 $ 0.049  Millions$ 8.249  Millions
Global Innovative Platforms Inc. 0.00 $ 0.001  Millions$ 0.201  Millions
Oceantech Acquisitions I Corp 0.00 $ 0.017  Millions$ 6.101  Millions
Arch Therapeutics Inc 0.00 $ 0.026  Millions$ 12.418  Millions
Vystar Corporation 0.00 $ 0.012  Millions$ 6.400  Millions
Blueriver Acquisition Corp 0.00 $ 0.014  Millions$ 7.853  Millions
United Health Products Inc 0.00 $ 0.003  Millions$ 1.989  Millions
Northview Acquisition Corp 0.00 $ 0.005  Millions$ 3.965  Millions
Bellevue Life Sciences Acquisition Corp 0.00 $ 0.004  Millions$ 2.745  Millions
Marizyme Inc 0.00 $ 0.036  Millions$ 40.764  Millions

Date modified: 2026-09-12T06:25:12+00:00



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