Pine Island Acquisition Quick Ratio (PIPP) starting from the second quarter 2022 to second quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
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Pine Island Acquisition Corp.  (NYSE: PIPP)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Pine Island Acquisition's Quick Ratio

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


Pine Island Acquisition's Cash & cash equivalent grew by 178.5 % in the Q2 2022 sequentially, faster than Current Liabilities, this led to improvement in Pine Island Acquisition's Quick Ratio to 0.08, Quick Ratio remained below Pine Island Acquisition Corp. average.

Within Blank Checks industry 347 other companies have achieved higher Quick Ratio than Pine Island Acquisition in second quarter 2022. While Quick Ratio total ranking has improved so far during the Q2 2022 to 5386, from total ranking in the first quarter 2022 at 5754.

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




PIPP Quick Ratio (Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
(Sep 30 2021)
Q3
(Jun 30 2021)
Q2
Y / Y Current Liabilities Change 139.37 % 352.42 % 333.51 % 62.79 % -
Y / Y Cash & cash equivalent Change 52.41 % -84.63 % -95.93 % -69.76 % -
Quick Ratio MRQ 0.08 0.03 0.02 0.01 0.13
PIPP's Total Ranking # 5386 # 5754 # 5929 # 4776 # 3993
Seq. Current Liabilities Change 1.91 % 42.47 % 30.19 % 26.63 % 92.62 %
Seq. Cash & cash equivalent Change 178.5 % 181.6 % 64.99 % -88.22 % -71.91 %



Quick Ratio second quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 348
Financial Sector # 1185
Overall Market # 5386


Quick Ratio Statistics
High Average Low
1.64 0.36 0.01
(Dec 31 2020)   (Sep 30 2021)




Financial Statements
Pine Island Acquisition's Current Liabilities $ 2 Millions Visit PIPP's Balance sheet
Pine Island Acquisition's Cash & cash equivalent $ 0 Millions Visit PIPP's Balance sheet
Source of PIPP's Sales Visit PIPP's Sales by Geography


Cumulative Pine Island Acquisition's Quick Ratio

PIPP's Quick Ratio for the trailling 12 Months

PIPP Quick Ratio

(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
(Sep 30 2021)
12 Months
(Jun 30 2021)
12 Months
Y / Y Current Liabilities TTM Growth 186.01 % 273.43 % 282.85 % 306.97 % -
Y / Y Cash & cash equivalent TTM Growth -75.5 % -78.7 % -5.76 % 2328.11 % -
Quick Ratio TTM 0.04 0.04 0.14 0.39 0.47
Total Ranking TTM # 6086 # 5668 # 5657 # 5584 # 5584
Seq. Current Liabilities TTM Growth 22.25 % 41.26 % 40.06 % 18.24 % 59.62 %
Seq. Cash & cash equivalent TTM Growth 28.19 % -61.83 % -48.49 % -2.79 % 11.46 %


On the trailing twelve months basis In Spite of the rise in Current Liabilities in the Q2 2022 to $1.55 millions, cumulative Quick Ratio remained unchanged at 0.04 below the Pine Island Acquisition Corp. average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 411 other companies have achieved higher Quick Ratio than Pine Island Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the first quarter 2022 from 5668 to 6086.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 412
Financial Sector # 1324
Within the Market # 6086


trailing twelve months Quick Ratio Statistics
High Average Low
0.55 0.27 0.04
(Mar 31 2021)  




Companies with similar Quick Ratio in the quarter ending Jun 30 2022, within Blank Checks Industry Quick RatioJun 30 2022 MRQ Cash & cash equivalentJun 30 2022 MRQ Current Liabilities
Science Strategic Acquisition Corp Alpha  0.22 $ 0.512  Millions$ 2.334  Millions
Af Acquisition Corp.  0.20 $ 0.012  Millions$ 0.060  Millions
Gx Acquisition Corp Ii  0.20 $ 0.193  Millions$ 0.951  Millions
Gaming and Hospitality Acquisition Corp   0.20 $ 0.421  Millions$ 2.104  Millions
Focus Impact Bh3 Acquisition Company  0.20 $ 0.619  Millions$ 3.094  Millions
Orion Acquisition Corp   0.20 $ 0.249  Millions$ 1.254  Millions
Mountain and Co I Acquisition Corp   0.20 $ 0.148  Millions$ 0.748  Millions
Property Solutions Acquisition Corp Ii  0.19 $ 0.132  Millions$ 0.680  Millions
Athlon Acquisition Corp   0.19 $ 0.108  Millions$ 0.557  Millions
Trine Ii Acquisition Corp   0.19 $ 1.222  Millions$ 6.314  Millions
Arya Sciences Acquisition Corp V  0.19 $ 0.531  Millions$ 2.807  Millions
Model Performance Acquisition Corp   0.19 $ 0.552  Millions$ 2.921  Millions
Jupiter Wellness Acquisition Corp   0.18 $ 0.897  Millions$ 4.847  Millions
Accelerate Acquisition Corp   0.18 $ 0.655  Millions$ 3.581  Millions
Marblegate Acquisition Corp   0.18 $ 0.066  Millions$ 0.364  Millions
Fintech Acquisition Corp Vi  0.18 $ 0.392  Millions$ 2.178  Millions
Frontier Acquisition Corp   0.18 $ 0.084  Millions$ 0.467  Millions
Oyster Enterprises Acquisition Corp   0.18 $ 0.112  Millions$ 0.634  Millions
Isleworth Healthcare Acquisition Corp.  0.18 $ 0.108  Millions$ 0.612  Millions
Arena Fortify Acquisition Corp   0.17 $ 0.159  Millions$ 0.926  Millions
Ciig Capital Partners Ii Inc   0.17 $ 0.389  Millions$ 2.286  Millions
Supernova Partners Acquisition Company Iii Ltd   0.16 $ 0.204  Millions$ 1.253  Millions
Perception Capital Corp Iii  0.16 $ 0.669  Millions$ 4.264  Millions
Churchill Capital Corp V  0.15 $ 0.163  Millions$ 1.082  Millions
Equity Distribution Acquisition Corp.  0.15 $ 0.273  Millions$ 1.825  Millions
Hamilton Lane Alliance Holdings I Inc   0.15 $ 0.144  Millions$ 0.990  Millions
Williams Rowland Acquisition Corp   0.14 $ 0.152  Millions$ 1.052  Millions
Sandbridge X2 Corp  0.14 $ 0.303  Millions$ 2.127  Millions
Mercato Partners Acquisition Corporation  0.14 $ 0.071  Millions$ 0.512  Millions
Constellation Acquisition Corp I  0.14 $ 0.148  Millions$ 1.075  Millions

Date modified: 2026-06-22T16:30:29+00:00



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