As of June 21, 2025, Andina Acquisition Corp III (ANDA) reports a Current Ratio of 0.22.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Comparing Andina Acquisition Corp III's Current Ratio to Peers
To better understand Andina Acquisition Corp III's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Andina Acquisition Corp III (ANDA) | 0.22 |
| Middlefield Global Real Asset Fund (RA.UN.TO) | 85.81 |
| Peregrine Industries Inc (PGID) | 46.07 |
| Elah Holdings Inc (ELLH) | 13.34 |
| Pender Growth Fund Inc (PTF.V) | 12.68 |
| Brookfield Select Opportunities Income Fund (BSO.UN.TO) | 10.02 |
Compared to its competitors, Andina Acquisition Corp III's Current Ratio is about average compared to peers, reflecting balanced short-term asset management.