As of June 17, 2025, Tuscan Holdings Corp II (THCA) reports a Current Ratio of 0.01.
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.
Historical Trend of Tuscan Holdings Corp II's Current Ratio
Over recent years, Tuscan Holdings Corp II's Current Ratio has shown significant volatility. The table below summarizes the historical values:
| Date | Current Ratio |
|---|---|
| 2021-12-31 | 0.01 |
| 2020-12-31 | 2.00 |
| 2019-12-31 | 5.00 |
This gradual decrease highlights how Tuscan Holdings Corp II manages its short-term assets and liabilities over time.
Comparing Tuscan Holdings Corp II's Current Ratio to Peers
To better understand Tuscan Holdings Corp II's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Tuscan Holdings Corp II (THCA) | 0.01 |
| Union Acquisition Corp II (LATN) | 11.00 |
| First Trust Dynamic Europe Equity Income Fund (FDEU) | 5.34 |
| Collective Growth Corp (CGRO) | 4.14 |
| Clearbridge Energy Midstream Opportunity Fund Inc (EMO) | 4.02 |
| Tortoise Sustainable and Social Impact Term Fund (TEAF) | 2.41 |
Compared to its competitors, Tuscan Holdings Corp II's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.