Ares Acquisition II (AACT) Current Ratio

Price: $11.18
Market Cap: $698.75M
Avg Volume: 391.38K
Country: US
Industry: Shell Companies
Sector: Financial Services
Beta: -0.0040376685
52W Range: $10.56-11.2
Website: Ares Acquisition II

Ares Acquisition II Current Ratio

  • Annual: 0.01
  • Quarterly: 8.96
  • TTM: 8.96

What is the Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.

Related Metrics

Other important metrics to assess Ares Acquisition II's financial health include:

  • Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
    • Annual: 0.01
    • Quarterly: 8.96
    • TTM: 8.96
  • Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
    • Annual: 0.00
    • Quarterly: 6.99
    • TTM: 6.99

These metrics provide insights into Ares Acquisition II's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Current Ratio

0.01

Quarterly Current Ratio

8.96

TTM Current Ratio

8.96

Ares Acquisition II Historical Current Ratio
1.521.521.011.010.510.510.000.00Current Ratio20212021Mar '21Mar '21Jun '21Jun '21Aug '21Aug '21Nov '21Nov '21Feb '22Feb '22May '22May '22Aug '22Aug '22Nov '22Nov '22
Historical Quick Ratio
1.521.521.011.010.510.510.000.00Quick Ratio20212021Mar '21Mar '21Jun '21Jun '21Aug '21Aug '21Nov '21Nov '21Feb '22Feb '22May '22May '22Aug '22Aug '22Nov '22Nov '22
Historical Cash Ratio
0.210.210.170.170.130.130.090.090.040.040.000.00Cash Ratio20212021Mar '21Mar '21Jun '21Jun '21Aug '21Aug '21Nov '21Nov '21Feb '22Feb '22May '22May '22Aug '22Aug '22Nov '22Nov '22

Ares Acquisition II Historical Ratios

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2022.

Year Current Ratio Quick Ratio Cash Ratio
2022 0.01 0.01 0.00
2021 0.36 0.36 0.21
2020 1.02 1.02 0.00

Related Metrics

Explore detailed financial metrics and analysis for AACT.