MAQC (Maquia Capital Acquisition) Current Ratio: 0.06 (As of Sep. 2024)

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MAQC Maquia Capital Acquisition Corp MAQC
40 GF Score
Price $2.36
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What is Maquia Capital Acquisition Current Ratio?

Maquia Capital Acquisition MAQC 40 Current Ratio is 0.06 as of Sep. 2024. GuruFocus rates MAQC with a GF Score™ of 40/100.

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. Maquia Capital Acquisition's current ratio for the quarter that ended in Sep. 2024 was 0.06.

Maquia Capital Acquisition has a current ratio of 0.06. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Maquia Capital Acquisition has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

The historical rank and industry rank for Maquia Capital Acquisition's Current Ratio or its related term are showing as below:

MAQC's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.02
* Ranked among companies with meaningful Current Ratio only.

Maquia Capital Acquisition  (OTCPK:MAQC) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


Maquia Capital Acquisition Current Ratio Related Terms


Maquia Capital Acquisition Current Ratio Historical Data

* Premium members only.

The historical data trend for Maquia Capital Acquisition's Current Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Maquia Capital Acquisition Current Ratio Chart

Maquia Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Current Ratio
1.94 0.07 0.14

Maquia Capital Acquisition Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.14 0.11 0.06 0.06

MAQC vs CDAQF, BAYA, APXIF: Current Ratio Comparison

For the Shell Companies subindustry, Maquia Capital Acquisition's Current Ratio, along with its competitors' market caps and Current Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Maquia Capital Acquisition Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Maquia Capital Acquisition's Current Ratio distribution charts can be found below:

* The bar in red indicates where Maquia Capital Acquisition's Current Ratio falls into.


MAQC
40GF Score
Maquia Capital Acquisition Corp MAQC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Maquia Capital Acquisition Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

Maquia Capital Acquisition's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.626/4.398
=0.14

Maquia Capital Acquisition's Current Ratio for the quarter that ended in Sep. 2024 is calculated as

Current Ratio (Q: Sep. 2024 )=Total Current Assets (Q: Sep. 2024 )/Total Current Liabilities (Q: Sep. 2024 )
=0.231/4.19
=0.06

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.06 mean?
Maquia Capital Acquisition (MAQC) has a Current Ratio of 0.06 as of Sep. 2024.
Is Maquia Capital Acquisition's Current Ratio too high?
Maquia Capital Acquisition's current Current Ratio is 0.06. The Diversified Financial Services industry median Current Ratio is 3.02. Maquia Capital Acquisition's value of 0.06 is 98% below this industry median. Overall, Maquia Capital Acquisition has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Maquia Capital Acquisition's Current Ratio compare to CDAQF and BAYA?
Maquia Capital Acquisition's Current Ratio of 0.06 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 3.02. Maquia Capital Acquisition's value of 0.06 is 98% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 3.02, based on 492 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Maquia Capital Acquisition's current Current Ratio of 0.06 is 98% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Maquia Capital Acquisition's current Current Ratio is 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Maquia Capital Acquisition stock overvalued right now?
Maquia Capital Acquisition (MAQC) has a current Current Ratio of 0.06. The current Current Ratio is 0.06 and 98% below the Diversified Financial Services industry median of 3.02. Maquia Capital Acquisition's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Maquia Capital Acquisition (MAQC), the current Current Ratio is 0.06 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Maquia Capital Acquisition Business Description

Address 50 Biscayne Boulevard, Suite 2406, Miami, FL, USA, 33132
Maquia Capital Acquisition Corp is a blank check company.
40GF Score

Get the complete analysis for MAQC

Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.36
Price