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InterPrivate IV InfraTech Partners (InterPrivate IV InfraTech Partners) Quick Ratio : 0.04 (As of Sep. 2022)


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What is InterPrivate IV InfraTech Partners Quick Ratio?

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. InterPrivate IV InfraTech Partners's quick ratio for the quarter that ended in Sep. 2022 was 0.04.

InterPrivate IV InfraTech Partners has a quick ratio of 0.04. It indicates that the company cannot currently fully pay back its current liabilities.

The historical rank and industry rank for InterPrivate IV InfraTech Partners's Quick Ratio or its related term are showing as below:

IPVIU' s Quick Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.13   Max: 3.96
Current: 0.04

During the past 1 years, InterPrivate IV InfraTech Partners's highest Quick Ratio was 3.96. The lowest was 0.04. And the median was 0.13.

IPVIU's Quick Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.09 vs IPVIU: 0.04

InterPrivate IV InfraTech Partners Quick Ratio Historical Data

The historical data trend for InterPrivate IV InfraTech Partners's Quick 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.

InterPrivate IV InfraTech Partners Quick Ratio Chart

InterPrivate IV InfraTech Partners Annual Data
Trend Dec21
Quick Ratio
0.12

InterPrivate IV InfraTech Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Quick Ratio Get a 7-Day Free Trial 0.33 0.12 0.13 0.10 0.04

Competitive Comparison of InterPrivate IV InfraTech Partners's Quick Ratio

For the Shell Companies subindustry, InterPrivate IV InfraTech Partners's Quick Ratio, along with its competitors' market caps and Quick 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.


InterPrivate IV InfraTech Partners's Quick Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, InterPrivate IV InfraTech Partners's Quick Ratio distribution charts can be found below:

* The bar in red indicates where InterPrivate IV InfraTech Partners's Quick Ratio falls into.



InterPrivate IV InfraTech Partners Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

InterPrivate IV InfraTech Partners's Quick Ratio for the fiscal year that ended in Dec. 2021 is calculated as

Quick Ratio (A: Dec. 2021 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.257-0)/2.178
=0.12

InterPrivate IV InfraTech Partners's Quick Ratio for the quarter that ended in Sep. 2022 is calculated as

Quick Ratio (Q: Sep. 2022 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(0.2-0)/4.752
=0.04

* 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.


InterPrivate IV InfraTech Partners  (NAS:IPVIU) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


InterPrivate IV InfraTech Partners Quick Ratio Related Terms

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InterPrivate IV InfraTech Partners (InterPrivate IV InfraTech Partners) Business Description

Traded in Other Exchanges
N/A
Address
1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019
Website
InterPrivate IV InfraTech Partners Inc is a blank check company.
Executives
James S Eisenstein director C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVE, BOSTON MA 02116
Kevin L Timmons director, officer: Chief Executive Officer 20200 MENDELSOHN LANE, SARATOGA CA 95070
Gary J Wojtaszek director CYRUSONE INC., 1649 W. FRANKFORD ROAD, CARROLLTON TX 75007
Peter Gross director 249 E. GARDENA BLVD., GARDENA CA 90248
Ahmed M Fattouh 10 percent owner, officer: Chairman C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Brandon C Bentley officer: General Counsel C/O INTERPRIVATE ACQUISITION CORP., 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Michael D Perone director C/O BARRACUDA NETWORKS INC, 3175 S WINCHESTER BLVD, CAMPBELL CA 95008
Interprivate Acquisition Management Iv, Llc 10 percent owner, other: Director by Deputization 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Nina Fairbairn officer: Vice President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019
David Withers officer: President 1350 AVENUE OF THE AMERICAS, NEW YORK NY 10019