Ares Acquisition II (AACT) Quick Ratio

Price: $11.18
Market Cap: $698.75M
Avg Volume: 398.05K
Country: US
Industry: Shell Companies
Sector: Financial Services
Beta: -0.0040376685
52W Range: $10.56-11.2
Website: Ares Acquisition II

Ares Acquisition II Quick Ratio

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

What is the Quick Ratio?

The quick ratio, also known as the acid-test ratio, is a liquidity ratio that measures a company's ability to meet its short-term obligations with its most liquid assets. It excludes inventory from current assets, providing a more stringent measure than the current ratio.

Related Metrics

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

  • Current Ratio - measures the company's ability to pay short-term obligations with its short-term 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 Quick Ratio

0.01

Quarterly Quick Ratio

8.96

TTM Quick Ratio

8.96

Ares Acquisition II 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 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 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 Quick Ratio Current 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.