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


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What is InterPrivate IV InfraTech Partners Current Ratio?

The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. InterPrivate IV InfraTech Partners's current ratio for the quarter that ended in Sep. 2022 was 0.04.

InterPrivate IV InfraTech Partners has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If InterPrivate IV InfraTech Partners has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.

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

IPVIU' s Current 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 Current Ratio was 3.96. The lowest was 0.04. And the median was 0.13.

IPVIU's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.89 vs IPVIU: 0.04

InterPrivate IV InfraTech Partners Current Ratio Historical Data

The historical data trend for InterPrivate IV InfraTech Partners's Current 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 Current Ratio Chart

InterPrivate IV InfraTech Partners Annual Data
Trend Dec21
Current Ratio
0.12

InterPrivate IV InfraTech Partners Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Current 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 Current Ratio

For the Shell Companies subindustry, InterPrivate IV InfraTech Partners's Current Ratio, along with its competitors' market caps and Current 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 Current Ratio Distribution in the Diversified Financial Services Industry

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

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



InterPrivate IV InfraTech Partners Current Ratio Calculation

The current ratio is mainly used to give an idea of the company's ability to pay back its short-term liabilities with its short-term assets.

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

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

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

Current Ratio (Q: Sep. 2022 )=Total Current Assets (Q: Sep. 2022 )/Total Current Liabilities (Q: Sep. 2022 )
=0.2/4.752
=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) Current Ratio Explanation

The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.

Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.

The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.

If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.


InterPrivate IV InfraTech Partners Current 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