Trine Ii Acquisition Quick Ratio (TRAQ) starting from the fourth quarter 2022 to fourth quarter 2021, Financial Strength Trends, Rankings, Financial Ratios - CSIMarket
CSIMarket
 


Trine Ii Acquisition Corp   (NYSE: TRAQ)
    Sector • Financial    Industry • Blank Checks
   Industry • Blank Checks
   Sector • Financial

Trine Ii Acquisition 's Quick Ratio

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


Regardless of the sequential decrease in Current Liabilities, during the fourth quarter 2022, Quick Ratio deteriorated to 0.16 above company average Quick Ratio.

Within Blank Checks industry 203 other companies have achieved higher Quick Ratio than Trine Ii Acquisition in fourth quarter 2022. While Quick Ratio total ranking in the fourth quarter 2022 has deteriorated compared to the prior quarter from 4103 to 4228.

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




TRAQ Quick Ratio (Dec 31 2022)
Q4
(Sep 30 2022)
Q3
(Jun 30 2022)
Q2
(Mar 31 2022)
Q1
(Dec 31 2021)
Q4
Y / Y Current Liabilities Change -85.97 % 1020.36 % - - -
Y / Y Cash & cash equivalent Change -69.54 % 1325.18 % - - -
Quick Ratio MRQ 0.16 0.2 0.19 0.14 0.07
TRAQ's Total Ranking # 4228 # 4103 # 4116 # 4409 # 4925
Seq. Current Liabilities Change -26.44 % -24.81 % -46.14 % -52.9 % 5774.21 %
Seq. Cash & cash equivalent Change -41.46 % -23.68 % -27.59 % -5.85 % 2639.06 %



Quick Ratio fourth quarter 2022 Company Ranking
Within: No.
Blank Checks Industry # 204
Financial Sector # 775
Overall Market # 4228


Quick Ratio Statistics
High Average Low
0.2 0.15 0.07
(Sep 30 2022)   (Dec 31 2021)




Financial Statements
Trine Ii Acquisition 's Current Liabilities $ 3 Millions Visit TRAQ's Balance sheet
Trine Ii Acquisition 's Cash & cash equivalent $ 1 Millions Visit TRAQ's Balance sheet
Source of TRAQ's Sales Visit TRAQ's Sales by Geography


Cumulative Trine Ii Acquisition 's Quick Ratio

TRAQ's Quick Ratio for the trailling 12 Months

TRAQ Quick Ratio

(Dec 31 2022)
12 Months
(Sep 30 2022)
12 Months
(Jun 30 2022)
12 Months
(Mar 31 2022)
12 Months
(Dec 31 2021)
12 Months
Y / Y Current Liabilities TTM Growth 3.8 % 11151.14 % - - -
Y / Y Cash & cash equivalent TTM Growth 136.19 % 8510.32 % - - -
Quick Ratio TTM 0.17 0.12 0.11 0.1 0.07
Total Ranking TTM # 3343 # 0 # 4891 # 4894 # 0
Seq. Current Liabilities TTM Growth -44.89 % 9.97 % 17.05 % 46.31 % 5874.21 %
Seq. Cash & cash equivalent TTM Growth -22.12 % 18.19 % 34.47 % 90.83 % 2739.06 %


On the trailing twelve months basis Current Liabilities decreased faster than Trine Ii Acquisition 's average Cash & cash equivalent, this led to increase in in Trine Ii Acquisition 's Quick Ratio to 0.17, above TRAQ average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 203 other companies have achieved higher Quick Ratio than Trine Ii Acquisition . While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2022 from 0 to 3343.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 204
Financial Sector # 775
Within the Market # 3343


trailing twelve months Quick Ratio Statistics
High Average Low
0.2 0.15 0.07
(Sep 30 2022)   (Dec 31 2021)




Companies with similar Quick Ratio in the quarter ending Dec 31 2022, within Blank Checks Industry Quick RatioDec 31 2022 MRQ Cash & cash equivalentDec 31 2022 MRQ Current Liabilities
Rose Hill Acquisition Corporation  0.43 $ 0.096  Millions$ 0.224  Millions
Shoulderup Technology Acquisition Corp  0.41 $ 0.410  Millions$ 0.995  Millions
Landcadia Holdings Iv inc   0.41 $ 1.558  Millions$ 3.804  Millions
European Biotech Acquisition Corp   0.39 $ 0.308  Millions$ 0.796  Millions
Leapfrog Acquisition Corporation  0.39 $ 0.068  Millions$ 0.176  Millions
Hennessy Capital Investment Corp Vi  0.38 $ 0.732  Millions$ 1.921  Millions
Fccc Inc   0.38 $ 0.150  Millions$ 0.398  Millions
Investcorp Europe Acquisition Corp I  0.37 $ 0.479  Millions$ 1.284  Millions
Black Mountain Acquisition Corp   0.36 $ 0.290  Millions$ 0.807  Millions
Forbion European Acquisition Corp   0.35 $ 0.314  Millions$ 0.894  Millions
Dmy Squared Technology Group Inc   0.35 $ 0.239  Millions$ 0.686  Millions
Screaming Eagle Acquisition Corp   0.35 $ 0.118  Millions$ 0.338  Millions
Levere Holdings Corp   0.34 $ 0.344  Millions$ 1.009  Millions
Osiris Acquisition Corp   0.34 $ 1.264  Millions$ 3.712  Millions
Heartland Media Acquisition Corp   0.33 $ 0.234  Millions$ 0.716  Millions
Northern Star Investment Corp Iv  0.31 $ 0.197  Millions$ 0.637  Millions
Lamf Global Ventures Corp I  0.30 $ 0.268  Millions$ 0.895  Millions
New Providence Acquisition Corp Ii  0.30 $ 0.340  Millions$ 1.139  Millions
Eucrates Biomedical Acquisition Corp   0.29 $ 0.019  Millions$ 0.065  Millions
Inspirato Incorporated  0.28 $ 80.278  Millions$ 283.593  Millions
Gores Holdings Ix Inc   0.28 $ 0.378  Millions$ 1.338  Millions
Evo Acquisition Corp   0.28 $ 0.607  Millions$ 2.155  Millions
Elliott Opportunity Ii Corp   0.27 $ 0.356  Millions$ 1.296  Millions
Banner Acquisition Corp   0.27 $ 0.248  Millions$ 0.926  Millions
Onyx Acquisition Co I  0.27 $ 0.378  Millions$ 1.419  Millions
Sdcl Edge Acquisition Corporation  0.26 $ 0.611  Millions$ 2.366  Millions
Aib Acquisition Corp  0.26 $ 0.044  Millions$ 0.172  Millions
Ridgefield Acquisition Corp  0.25 $ 0.021  Millions$ 0.083  Millions
Jupiter Acquisition Corporation  0.25 $ 0.324  Millions$ 1.292  Millions
Mntn Inc   0.25 $ 0.236  Millions$ 0.955  Millions

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



Help

About us

Products

Data downloads

API

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com

Disclaimer: Information provided by CSIMarket.com is for informational purposes only and does not constitute investment advice, recommendation, or solicitation to buy or sell any security.

© 2026 CSIMarket.com — Proprietary financial dataset. All rights reserved. Redistribution or automated extraction prohibited.