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Investcorp Europe Acquisition I (Investcorp Europe Acquisition I) Cash Ratio : 0.01 (As of Dec. 2023)


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What is Investcorp Europe Acquisition I Cash Ratio?

The Cash Ratio measures a company’s ability to meet its short-term obligations with cash and near-cash resources. It is calculated as a company's Cash, Cash Equivalents, Marketable Securities divides by its Total Current Liabilities. Investcorp Europe Acquisition I's Cash Ratio for the quarter that ended in Dec. 2023 was 0.01.

Investcorp Europe Acquisition I has a Cash Ratio of 0.01. It indicates that there are more current liabilities than Cash, Cash Equivalents, Marketable Securities, and the company does not have sufficient cash on hand to pay off its short-term debt.

The historical rank and industry rank for Investcorp Europe Acquisition I's Cash Ratio or its related term are showing as below:

IVCB' s Cash Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.37   Max: 1.63
Current: 0.01

During the past 3 years, Investcorp Europe Acquisition I's highest Cash Ratio was 1.63. The lowest was 0.01. And the median was 0.37.

IVCB's Cash Ratio is ranked worse than
90.89% of 461 companies
in the Diversified Financial Services industry
Industry Median: 0.96 vs IVCB: 0.01

Investcorp Europe Acquisition I Cash Ratio Historical Data

The historical data trend for Investcorp Europe Acquisition I's Cash 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.

* Premium members only.

Investcorp Europe Acquisition I Cash Ratio Chart

Investcorp Europe Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Cash Ratio
1.63 0.37 0.01

Investcorp Europe Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cash Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.03 0.03 - 0.01

Competitive Comparison of Investcorp Europe Acquisition I's Cash Ratio

For the Shell Companies subindustry, Investcorp Europe Acquisition I's Cash Ratio, along with its competitors' market caps and Cash 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.

Investcorp Europe Acquisition I's Cash Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Investcorp Europe Acquisition I's Cash Ratio distribution charts can be found below:

* The bar in red indicates where Investcorp Europe Acquisition I's Cash Ratio falls into.


Investcorp Europe Acquisition I Cash Ratio Calculation

The Cash Ratio measures a company's ability to meet its short-term obligations with its cash and near-cash resources.

Investcorp Europe Acquisition I's Cash Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash Ratio (A: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.099/13.015
=0.01

Investcorp Europe Acquisition I's Cash Ratio for the quarter that ended in Dec. 2023 is calculated as:

Cash Ratio (Q: Dec. 2023 )=Cash, Cash Equivalents, Marketable Securities/Total Current Liabilities
=0.099/13.015
=0.01

* 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.

Investcorp Europe Acquisition I  (NAS:IVCB) Cash Ratio Explanation

The cash ratio is more conservative than other liquidity ratios, such as Quick Ratio and Current Ratio, because it only considers a company's most liquid resources. The numerator of cash ratio only considers Cash, Cash Equivalents and marketable securities. Other current assets, such as accounts receivable and inventories, are not included. The rationale is that these assets may require time to be transformed into cash, and the amount of money received is also uncertain.

The cash ratio shows a company’s ability to pay all current liabilities immediately without selling or liquidating other assets. Generally speaking, a higher cash ratio suggests the company has a stronger ability to cover its short-term debt. However, a high cash ratio could also indicate inefficient management: the company is inefficient in making full utilization of cash to invest protential profitable project. It may also suggest that the company is not confident about future profitability.

In general, the higher the cash ratio, the better the company's liquidity position.

Investcorp Europe Acquisition I Cash Ratio Related Terms

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Investcorp Europe Acquisition I (Investcorp Europe Acquisition I) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Investcorp Europe Acquisition Corp I (NAS:IVCB) » Definitions » Cash Ratio
Comparable Companies
HYAC JWSM LCAA RENE IPXX SKGR CDAQ SVII PRLH SEDA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
Elgin Avenue, Century Yard, Cricket Square, P.O. Box 1111, George Town, Grand Cayman, CYM, KY1-1102
Website
https://investcorp.prod-use1.investis.com
Investcorp Europe Acquisition Corp I is a blank check company.
Executives
S.a. Investcorp 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Sipco Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, P.O. BOX 1111, GRAND CAYMAN E9 KY1-1102
Ben Gacem Hazem director 54 HANS PLACE, LONDON X0 SW1X 0LA
Baroness Ruby Mcgregor-smith officer: Chief Executive Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Craig Sinfield-hain officer: Chief Financial Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Alptekin Diler officer: Chief Investment Officer CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Peter Mckellar director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Laurence Ponchaut director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Pamela Jackson director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Adah Almutairi director CENTURY YARD, CRICKET SQUARE, ELGIN AVEN, PO BOX 1111, GEORGE TOWN GRAND CAYMAN E9 KY1-1102
Investcorp Investment Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102
Europe Acquisition Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102
Investcorp Holdings Ltd 10 percent owner CENTURY YARD, CRICKET SQUARE, PO BOX 1111, GRAND CAYMAN E9 KY1-1102