As of June 17, 2025, Collective Growth Corp (CGRO) reports a Current Ratio of 4.14.
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 Collective Growth Corp's Current Ratio to Peers
To better understand Collective Growth Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
Company | Current Ratio |
---|---|
Collective Growth Corp (CGRO) | 4.14 |
Union Acquisition Corp II (LATN) | 11.00 |
BlackRock Long Term Municipal Advantage Trust (BTA) | 7.67 |
First Trust Dynamic Europe Equity Income Fund (FDEU) | 5.34 |
Clearbridge Energy Midstream Opportunity Fund Inc (EMO) | 4.02 |
%!s() (TDAC) | 3.09 |
Compared to its competitors, Collective Growth Corp's Current Ratio is among the highest compared to peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.