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Music Acquisition Corp  (TMAC)
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    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial

Music Acquisition's Working Capital Ratio

TMAC's quarterly Working Capital Ratio and Current Assets, Current Liabilities growth


In the wake of the increase in Current Liabilities in the third quarter 2022, Working Capital Ratio fell to 0.34 below Music Acquisition Corp average.

Within Blank Checks industry 332 other companies have achieved higher Working Capital Ratio than Music Acquisition in third quarter 2022. While Working Capital Ratio total ranking in the third quarter 2022 has deteriorated compared to the prior quarter from 4593 to 5324.

Explain Working Capital Ratio
How much in Current Assets TMAC´s has?
What is the value of TMAC´s Current Liabilities?


TMAC Working Capital Ratio (Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities Change -94.34 % -96.58 % - - -
Y / Y Current Assets Change -69.27 % -69.8 % - - -
Working Capital Ratio MRQ 0.34 0.57 1 0.07 0.06
TMAC's Total Ranking # 5324 # 4593 # 0 # 4654 # 6139
Seq. Current Liabilities Change 46.49 % 1.2 % -95.01 % -23.56 % -11.37 %
Seq. Current Assets Change -11.69 % -42.5 % -30.76 % -12.61 % -13.2 %



Working Capital Ratio third quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 333
Financial Sector # 1069
Overall Market # 5324


Working Capital Ratio Statistics
High Average Low
1 0.35 0.06
(Mar 31 2022)   (Sep 30 2021)




Financial Statements
Music Acquisition's Current Liabilities $ 1 Millions Visit TMAC's Balance sheet
Music Acquisition's Current Assets $ 0 Millions Visit TMAC's Balance sheet
Source of TMAC's Sales Visit TMAC's Sales by Geography


Cumulative Music Acquisition's Working Capital Ratio

TMAC's Working Capital Ratio for the trailling 12 Months

TMAC Working Capital Ratio

(Sep 30 2022)
III. Quarter
(Jun 30 2022)
II. Quarter
(Mar 31 2022)
I. Quarter
(Dec 31 2021)
IV. Quarter
(Sep 30 2021)
III. Quarter
Y / Y Current Liabilities TTM Growth -94.34 % -96.58 % - - -
Y / Y Current Assets TTM Growth -69.27 % -69.8 % - - -
Working Capital Ratio TTM 0.15 0.1 0.08 0.07 0.06
Total Ranking TTM # 4374 # 3883 # 5166 # 5212 # 0
Seq. Current Liabilities TTM Growth 46.49 % 1.2 % -95.01 % -23.56 % -11.37 %
Seq. Current Assets TTM Growth -11.69 % -42.5 % -30.76 % -12.61 % -13.2 %


On the trailing twelve months basis Current Liabilities decreased faster than Music Acquisition's average Current Assets, this led to increase in in Music Acquisition's Working Capital Ratio to 0.15, Working Capital Ratio remained below TMAC average.
Working Capital Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 295 other companies have achieved higher Working Capital Ratio than Music Acquisition. While Working Capital Ratio total ranking has deteriorated compared to the previous twelve months ending in the second quarter 2022 from 3883 to 4374.

Explain Working Capital Ratio
How much in Current Assets TMAC´s has?
What is the value of TMAC´s Current Liabilities?

TTM Working Capital Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 296
Financial Sector # 423
Within the Market # 4374


trailing twelve months Working Capital Ratio Statistics
High Average Low
0.84 0.3 0.08
(Sep 30 2022)   (Dec 31 2021)




Companies with similar Working Capital Ratio in the quarter ending Sep 30 2022, within Blank Checks Industry Working Capital RatioSep 30 2022 MRQ Current AssetsSep 30 2022 MRQ Current Liabilities
Jupiter Acquisition Corporation  0.94 $ 0.965  Millions$ 1.029  Millions
Twin Ridge Capital Acquisition Corp   0.94 $ 1.379  Millions$ 1.471  Millions
One Equity Partners Open Water I Corp   0.92 $ 0.993  Millions$ 1.083  Millions
Dragoneer Growth Opportunities Corp Iii  0.91 $ 2.064  Millions$ 2.267  Millions
Colicity Inc   0.91 $ 0.324  Millions$ 0.356  Millions
Multi Solutions Ii Inc  0.90 $ 0.006  Millions$ 0.006  Millions
Mountain and Co I Acquisition Corp   0.89 $ 0.753  Millions$ 0.849  Millions
Infinite Acquisition Corp   0.88 $ 0.754  Millions$ 0.852  Millions
Advanced Merger Partners Inc   0.86 $ 0.842  Millions$ 0.984  Millions
Abg Acquisition Corp I  0.84 $ 0.236  Millions$ 0.282  Millions
Globalink Investment Inc   0.84 $ 0.556  Millions$ 0.666  Millions
Jackson Acquisition Company  0.83 $ 1.008  Millions$ 1.218  Millions
Empowerment and Inclusion Capital I Corp   0.83 $ 0.390  Millions$ 0.471  Millions
Valuence Merger Corp I  0.81 $ 1.105  Millions$ 1.359  Millions
Eucrates Biomedical Acquisition Corp   0.81 $ 0.097  Millions$ 0.120  Millions
Mason Industrial Technology Inc   0.81 $ 0.584  Millions$ 0.724  Millions
Rigel Resource Acquisition Corp  0.80 $ 0.764  Millions$ 0.960  Millions
Everest Consolidator Acquisition Corporation  0.79 $ 0.804  Millions$ 1.014  Millions
Jaws Juggernaut Acquisition Corp  0.77 $ 0.512  Millions$ 0.663  Millions
Mountain Crest Acquisition Corp V  0.77 $ 0.178  Millions$ 0.232  Millions
Gardiner Healthcare Acquisitions Corp   0.77 $ 0.367  Millions$ 0.479  Millions
Emerging Markets Horizon Corp   0.77 $ 0.335  Millions$ 0.438  Millions
Metals Acquisition Corp  0.75 $ 0.552  Millions$ 0.737  Millions
Simon Property Group Acquisition Holdings Inc   0.73 $ 0.322  Millions$ 0.440  Millions
Green Visor Financial Technology Acquisition Corp   0.73 $ 0.685  Millions$ 0.936  Millions
Pwp Forward Acquisition Corp I  0.72 $ 0.250  Millions$ 0.347  Millions
Southport Acquisition Corporation  0.71 $ 0.533  Millions$ 0.746  Millions
Elliott Opportunity Ii Corp   0.71 $ 1.037  Millions$ 1.466  Millions
Scion Tech Growth Ii  0.70 $ 0.783  Millions$ 1.115  Millions
Mount Rainier Acquisition Corp  0.69 $ 0.361  Millions$ 0.525  Millions

Date modified: 2023-03-23T20:05:39+00:00



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