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Two  (TWOA)
Other Ticker:  
 
    Sector  Financial    Industry Blank Checks
   Industry Blank Checks
   Sector  Financial

Two's Quick Ratio

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


In the wake of the increase in Current Liabilities in the forth quarter 2023, Quick Ratio fell to 0.02 a new company low.

Within Blank Checks industry 16 other companies have achieved higher Quick Ratio than Two in forth quarter 2023. While Quick Ratio total ranking has improved so far during the IV Quarter 2023 to 2715, from total ranking in the third quarter 2023 at 4510.

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


TWOA Quick Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities Change 374.42 % 401.16 % 1776.43 % 367.39 % 171.28 %
Y / Y Cash & cash equivalent Change -82.88 % -89.55 % -94.88 % -94.37 % -65.81 %
Quick Ratio MRQ 0.02 0.02 0.02 0.05 0.55
TWOA's Total Ranking # 2715 # 4510 # 4756 # 4676 # 2994
Seq. Current Liabilities Change 17.84 % 87 % 85.99 % 15.76 % 24.48 %
Seq. Cash & cash equivalent Change 37.56 % 67.62 % -32.45 % -89.01 % -16.08 %



Quick Ratio forth quarter 2023 Company Ranking
Within: No.
Blank Checks Industry # 17
Financial Sector # 508
Overall Market # 2712


Quick Ratio Statistics
High Average Low
6.97 2.46 0.02
(Jun 30 2022)   (Sep 30 2023)




Financial Statements
Two's Current Liabilities $ 3 Millions Visit TWOA's Balance sheet
Two's Cash & cash equivalent $ 0 Millions Visit TWOA's Balance sheet
Source of TWOA's Sales Visit TWOA's Sales by Geography


Cumulative Two's Quick Ratio

TWOA's Quick Ratio for the trailling 12 Months

TWOA Quick Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Current Liabilities TTM Growth 374.42 % 401.16 % 1776.43 % 367.39 % 171.28 %
Y / Y Cash & cash equivalent TTM Growth -82.88 % -89.55 % -94.88 % -94.37 % -65.81 %
Quick Ratio TTM 0.02 0.09 0.26 0.67 1.42
Total Ranking TTM # 2112 # 3827 # 3466 # 4137 # 2854
Seq. Current Liabilities TTM Growth 17.84 % 87 % 85.99 % 15.76 % 24.48 %
Seq. Cash & cash equivalent TTM Growth 37.56 % 67.62 % -32.45 % -89.01 % -16.08 %


On the trailing twelve months basis Due to increase in Current Liabilities in the IV Quarter 2023 to $2.89 millions, cumulative Quick Ratio decreased to 0.02 below the Two average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 20 other companies have achieved higher Quick Ratio than Two. While Quick Ratio overall ranking has improved so far to 2112, from total ranking during the twelve months ending third quarter 2023 at 3827.

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

TTM Quick Ratio Company Ranking
Within: No.
Within the Blank Checks Industry # 21
Financial Sector # 79
Within the Market # 2112


trailing twelve months Quick Ratio Statistics
High Average Low
5.18 1.66 0
(Mar 31 2022)   (Dec 31 2023)




Companies with similar Quick Ratio in the quarter ending Dec 31 2023, within Blank Checks Industry Quick RatioDec 31 2023 MRQ Cash & cash equivalentDec 31 2023 MRQ Current Liabilities
Nova Vision Acquisition Corp   0.05 $ 0.097  Millions$ 1.918  Millions
Screaming Eagle Acquisition Corp   0.05 $ 0.999  Millions$ 21.949  Millions
Capitalworks Emerging Markets Acquisition Corp  0.04 $ 0.122  Millions$ 2.972  Millions
Evergreen Corporation  0.04 $ 0.147  Millions$ 4.084  Millions
Cartesian Growth Corporation Ii  0.03 $ 0.051  Millions$ 1.531  Millions
Inception Growth Acquisition Limited  0.03 $ 0.060  Millions$ 2.046  Millions
Blue World Acquisition Corporation  0.03 $ 0.070  Millions$ 2.657  Millions
Two  0.02 $ 0.058  Millions$ 2.894  Millions
Future Health Esg Corp   0.01 $ 0.120  Millions$ 8.441  Millions
Rigel Resource Acquisition Corp  0.01 $ 0.071  Millions$ 6.642  Millions
Armada Acquisition Corp I  0.01 $ 0.054  Millions$ 9.310  Millions
Excelfin Acquisition Corp 0.00 $ 0.045  Millions$ 10.328  Millions

Date modified: 2024-02-17T17:48:38+00:00



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