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

Summit Healthcare Acquisition 's Quick Ratio

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


In the wake of the increase in Current Liabilities in the third quarter 2022, Quick Ratio fell to 0.11 a new company low.

Within Blank Checks industry 308 other companies have achieved higher Quick Ratio than Summit Healthcare Acquisition in third quarter 2022. While Quick Ratio total ranking in the third quarter 2022 has deteriorated compared to the prior quarter from 0 to 4916.

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




SMIH 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 1571.93 % 4989.07 % - - -
Y / Y Cash & cash equivalent Change -93.48 % -66.88 % - - -
Quick Ratio MRQ 0.11 1.57 - - 28.53
SMIH's Total Ranking # 4916 # 0 # 0 # 0 # 192
Seq. Current Liabilities Change 60.96 % - - - 389.94 %
Seq. Cash & cash equivalent Change -88.62 % -14.48 % -18.64 % -17.67 % -42.19 %



Quick Ratio third quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 309
Financial Sector # 1029
Overall Market # 4916


Quick Ratio Statistics
High Average Low
241.83 68.01 0.11
(Jun 30 2021)   (Sep 30 2022)




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


Cumulative Summit Healthcare Acquisition 's Quick Ratio

SMIH's Quick Ratio for the trailling 12 Months

SMIH 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 2151.17 % 5479 % - - -
Y / Y Cash & cash equivalent TTM Growth -21.93 % 77.24 % - - -
Quick Ratio TTM 2.24 7.68 100.07 84.2 64.69
Total Ranking TTM # 4509 # 851 # 1028 # 1008 # 1059
Seq. Current Liabilities TTM Growth 138.04 % 845.7 % 0 % 0 % 489.94 %
Seq. Cash & cash equivalent TTM Growth -30.49 % -27.4 % 18.85 % 30.16 % 57.81 %


On the trailing twelve months basis Due to jump in Current Liabilities in the Q3 2022 to $0.63 millions, cumulative Quick Ratio decreased to 2.24 below the Summit Healthcare Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 365 other companies have achieved higher Quick Ratio than Summit Healthcare Acquisition . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2022 from 851 to 4509.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 366
Financial Sector # 500
Within the Market # 4509


trailing twelve months Quick Ratio Statistics
High Average Low
4.24 3.28 1.77
(Jun 30 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
Arena Fortify Acquisition Corp   0.31 $ 0.367  Millions$ 1.201  Millions
Aequi Acquisition Corp   0.31 $ 0.189  Millions$ 0.619  Millions
Glenfarne Merger Corp   0.30 $ 0.142  Millions$ 0.470  Millions
Atlas Crest Investment Corp Ii  0.30 $ 0.309  Millions$ 1.021  Millions
Vector Acquisition Corporation Ii  0.29 $ 0.138  Millions$ 0.472  Millions
Hudson Executive Investment Corp Ii  0.28 $ 0.332  Millions$ 1.174  Millions
Lakeshore Acquisition I Corp   0.28 $ 0.151  Millions$ 0.543  Millions
Schultze Special Purpose Acquisition Corp Ii  0.28 $ 0.573  Millions$ 2.073  Millions
Bite Acquisition Corp   0.28 $ 0.256  Millions$ 0.929  Millions
Frontier Investment Corp  0.28 $ 0.763  Millions$ 2.773  Millions
Accelerate Acquisition Corp   0.27 $ 0.578  Millions$ 2.112  Millions
Elliott Opportunity Ii Corp   0.27 $ 0.400  Millions$ 1.466  Millions
One Equity Partners Open Water I Corp   0.27 $ 0.292  Millions$ 1.083  Millions
Screaming Eagle Acquisition Corp   0.27 $ 0.079  Millions$ 0.296  Millions
Tech And Energy Transition Corporation  0.26 $ 0.409  Millions$ 1.561  Millions
Horizon Acquisition Corporation Ii  0.26 $ 1.614  Millions$ 6.181  Millions
Orion Acquisition Corp   0.26 $ 0.483  Millions$ 1.851  Millions
Accretion Acquisition Corp   0.26 $ 0.256  Millions$ 0.997  Millions
Seaport Calibre Materials Acquisition Corp   0.26 $ 0.127  Millions$ 0.496  Millions
Climate Real Impact Solutions Ii Acquisition Corp  0.25 $ 0.738  Millions$ 2.910  Millions
Gaming and Hospitality Acquisition Corp   0.25 $ 0.703  Millions$ 2.773  Millions
Silver Spike Acquisition Corp Ii  0.24 $ 0.367  Millions$ 1.516  Millions
St Energy Transition I Ltd   0.24 $ 0.590  Millions$ 2.486  Millions
Powered Brands  0.23 $ 0.092  Millions$ 0.398  Millions
Ftac Parnassus Acquisition Corp   0.23 $ 0.105  Millions$ 0.459  Millions
Ahren Acquisition Corp   0.22 $ 0.912  Millions$ 4.077  Millions
Prime Number Acquisition I Corp   0.22 $ 0.541  Millions$ 2.434  Millions
Sportstek Acquisition Corp   0.22 $ 0.260  Millions$ 1.191  Millions
Infinite Acquisition Corp   0.22 $ 0.186  Millions$ 0.852  Millions
Catcha Investment Corp  0.22 $ 0.076  Millions$ 0.349  Millions

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



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