Progress Acquisition Quick Ratio (PGRW) starting from the third quarter 2022 to third quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Progress Acquisition Corp   (NASDAQ: PGRW)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Progress Acquisition 's Quick Ratio

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


Progress Acquisition 's Cash & cash equivalent grew by 795.41 % in the Q3 2022 sequentially, while Current Liabilities decreased, this led to improvement in Progress Acquisition 's Quick Ratio to 0.02, Quick Ratio remained below Progress Acquisition Corp average.

Within Blank Checks industry 389 other companies have achieved higher Quick Ratio than Progress Acquisition in third quarter 2022. While Quick Ratio total ranking has improved so far during the Q3 2022 to 5674, from total ranking in the second quarter 2022 at 6025.

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




PGRW Quick Ratio (Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
Y / Y Current Liabilities Change -71.99 % -75.84 % -43.19 % 11746.41 % -
Y / Y Cash & cash equivalent Change -88.93 % -99.07 % -97.08 % 18452 % -
Quick Ratio MRQ 0.02 0 0.01 0.04 0.06
PGRW's Total Ranking # 5674 # 6025 # 5548 # 5205 # 5300
Seq. Current Liabilities Change -2.83 % -43.89 % -40.46 % -13.72 % -16.19 %
Seq. Cash & cash equivalent Change 795.41 % -76.68 % -90.93 % -41.57 % -25.05 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 390
Financial Sector # 1241
Overall Market # 5674


Quick Ratio Statistics
High Average Low
0.07 0.03 0
(Jun 30 2021)   (Jun 30 2022)




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


Cumulative Progress Acquisition 's Quick Ratio

PGRW's Quick Ratio for the trailling 12 Months

PGRW Quick Ratio

(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth -37.36 % 26.61 % 291.62 % 54274.21 % -
Y / Y Cash & cash equivalent TTM Growth -81.69 % -47.66 % 63.51 % 150161.17 % -
Quick Ratio TTM 0.02 0.04 0.05 0.07 0.08
Total Ranking TTM # 4735 # 4857 # 4575 # 4745 # 4701
Seq. Current Liabilities TTM Growth -27.02 % -25.35 % -9.86 % 27.56 % 47.51 %
Seq. Cash & cash equivalent TTM Growth -53.91 % -44.48 % -37.21 % 14 % 31.73 %


On the trailing twelve months basis In spite of the year on year decrease in PGRW's Current Liabilities to $0.87 millions, cumulative Quick Ratio to 0.02 below the PGRW average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 382 other companies have achieved higher Quick Ratio than Progress Acquisition . While Quick Ratio overall ranking has improved so far to 4735, from total ranking during the twelve months ending second quarter 2022 at 4857.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 383
Financial Sector # 525
Within the Market # 4735


trailing twelve months Quick Ratio Statistics
High Average Low
0.06 0.05 0.04
(Mar 31 2022)   (Sep 30 2022)




Companies with similar Quick Ratio in the quarter ending Sep 30 2022, within Blank Checks Industry Quick RatioSep 30 2022 MRQ Cash & cash equivalentSep 30 2022 MRQ Current Liabilities
Northern Star Investment Corp Iii  0.07 $ 0.087  Millions$ 1.311  Millions
Sandbridge X2 Corp  0.07 $ 0.157  Millions$ 2.384  Millions
Forum Merger Iv Corp  0.06 $ 0.126  Millions$ 1.985  Millions
Patria Latin American Opportunity Acquisition Corp  0.06 $ 0.807  Millions$ 12.793  Millions
Marblegate Acquisition Corp   0.06 $ 0.035  Millions$ 0.559  Millions
Cf Acquisition Corp Vii  0.06 $ 0.025  Millions$ 0.400  Millions
Esm Acquisition Corporation  0.06 $ 0.303  Millions$ 4.881  Millions
Mission Advancement Corp   0.06 $ 0.132  Millions$ 2.181  Millions
Gesher I Acquisition Corp   0.06 $ 0.183  Millions$ 3.126  Millions
Sustainable Development Acquisition I Corp   0.06 $ 0.055  Millions$ 0.957  Millions
Armada Acquisition Corp I  0.06 $ 0.197  Millions$ 3.433  Millions
Ftac Athena Acquisition Corp   0.06 $ 0.083  Millions$ 1.461  Millions
Ace Global Business Acquisition Limited  0.06 $ 0.123  Millions$ 2.205  Millions
Scion Tech Growth I  0.06 $ 0.030  Millions$ 0.543  Millions
Warburg Pincus Capital Corporation I b  0.05 $ 0.153  Millions$ 2.782  Millions
Renewable Energy Acquisition Corp   0.05 $ 0.010  Millions$ 0.177  Millions
Williams Rowland Acquisition Corp   0.05 $ 0.081  Millions$ 1.513  Millions
Fortress Value Acquisition Corp Iii  0.05 $ 0.203  Millions$ 3.866  Millions
Cancer Capital Corp   0.05 $ 0.022  Millions$ 0.422  Millions
Thunder Bridge Capital Partners Iii Inc   0.05 $ 0.067  Millions$ 1.297  Millions
Jaws Mustang Acquisition Corporation  0.05 $ 0.200  Millions$ 3.907  Millions
Tuscan Holdings Corp Ii  0.05 $ 0.172  Millions$ 3.385  Millions
Ftac Hera Acquisition Corp   0.05 $ 0.104  Millions$ 2.060  Millions
Zalatoris Ii Acquisition Corp   0.05 $ 0.231  Millions$ 4.727  Millions
Epiphany Technology Acquisition Corp   0.05 $ 0.072  Millions$ 1.532  Millions
Vectoiq Acquisition Corp Ii  0.05 $ 0.097  Millions$ 2.080  Millions
Lakeshore Acquisition Ii Corp   0.05 $ 0.116  Millions$ 2.520  Millions
Fintech Acquisition Corp V  0.04 $ 0.151  Millions$ 3.430  Millions
Apollo Strategic Growth Capital Ii  0.04 $ 0.430  Millions$ 9.960  Millions
Tishman Speyer Innovation Corp Ii  0.04 $ 0.108  Millions$ 2.517  Millions

Date modified: 2026-09-08T15:22:10+00:00



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