BCSAW (Blockchain Coinvestors Acquisition I) Current Ratio: 0.10 (As of Jun. 2024) — 25% Above Median

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BCSAW Blockchain Coinvestors Acquisition Corp I BCSAW
17 GF Score
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What is Blockchain Coinvestors Acquisition I Current Ratio?

Blockchain Coinvestors Acquisition I BCSAW 17 Current Ratio is 0.10 as of Jun. 2024, which is 25% above its 10-year median of 0.08. GuruFocus rates BCSAW with a GF Score™ of 17/100. The stock has 3 warning signs investors should review.

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. Blockchain Coinvestors Acquisition I's current ratio for the quarter that ended in Jun. 2024 was 0.10.

Blockchain Coinvestors Acquisition I has a current ratio of 0.10. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Blockchain Coinvestors Acquisition I 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 Blockchain Coinvestors Acquisition I's Current Ratio or its related term are showing as below:

BCSAW' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.08   Max: 1.54
Current: 0.1

During the past 3 years, Blockchain Coinvestors Acquisition I's highest Current Ratio was 1.54. The lowest was 0.04. And the median was 0.08.

BCSAW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.65 vs BCSAW: 0.10

Blockchain Coinvestors Acquisition I  (NAS:BCSAW) 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.


Blockchain Coinvestors Acquisition I Current Ratio Related Terms


Blockchain Coinvestors Acquisition I Current Ratio Historical Data

* Premium members only.

The historical data trend for Blockchain Coinvestors Acquisition I'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.

Blockchain Coinvestors Acquisition I Current Ratio Chart

Blockchain Coinvestors Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Current Ratio
1.54 0.14 0.08

Blockchain Coinvestors Acquisition I Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.05 0.04 0.08 0.05 0.10

BCSAW vs VCXB, LCW, GAQ: Current Ratio Comparison

For the Shell Companies subindustry, Blockchain Coinvestors Acquisition I'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.


Blockchain Coinvestors Acquisition I Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Blockchain Coinvestors Acquisition I's Current Ratio distribution charts can be found below:

* The bar in red indicates where Blockchain Coinvestors Acquisition I's Current Ratio falls into.


BCSAW
17GF Score
Blockchain Coinvestors Acquisition Corp I BCSAW
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Blockchain Coinvestors Acquisition I 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.

Blockchain Coinvestors Acquisition I's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.509/6.515
=0.08

Blockchain Coinvestors Acquisition I's Current Ratio for the quarter that ended in Jun. 2024 is calculated as

Current Ratio (Q: Jun. 2024 )=Total Current Assets (Q: Jun. 2024 )/Total Current Liabilities (Q: Jun. 2024 )
=0.469/4.68
=0.10

* 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.

Frequently Asked Questions Learn more about Current Ratio →
What does a Current Ratio of 0.10 mean?
Blockchain Coinvestors Acquisition I (BCSAW) has a Current Ratio of 0.10 as of Jun. 2024. This is 25% above median its historical median of 0.08. Over the past decade, Blockchain Coinvestors Acquisition I's Current Ratio has ranged from 0.04 to 1.54.
Is Blockchain Coinvestors Acquisition I's Current Ratio too high?
Blockchain Coinvestors Acquisition I's current Current Ratio of 0.10 is 25% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 1.54. The Diversified Financial Services industry median Current Ratio is 2.65. Blockchain Coinvestors Acquisition I's value of 0.10 is 96.2% below this industry median. Overall, Blockchain Coinvestors Acquisition I has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Blockchain Coinvestors Acquisition I's Current Ratio compare to VCXB and LCW?
Blockchain Coinvestors Acquisition I's Current Ratio of 0.10 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 2.65. Blockchain Coinvestors Acquisition I's value of 0.10 is 96.2% below this benchmark. Historically, Blockchain Coinvestors Acquisition I's own Current Ratio has ranged from 0.04 to 1.54 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 2.65, Blockchain Coinvestors Acquisition I has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Current Ratio for a Diversified Financial Services company?
The median Current Ratio among Diversified Financial Services companies is 2.65, based on 465 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blockchain Coinvestors Acquisition I's current Current Ratio of 0.10 is 96.2% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Diversified Financial Services industry, the median Current Ratio is 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blockchain Coinvestors Acquisition I's current Current Ratio is 0.10, which is 25% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blockchain Coinvestors Acquisition I stock overvalued right now?
Blockchain Coinvestors Acquisition I (BCSAW) has a current Current Ratio of 0.10. The current Current Ratio is 0.10, which is 25% above median its 10-year median of 0.08 and 96.2% below the Diversified Financial Services industry median of 2.65. Blockchain Coinvestors Acquisition I's overall GF Score™ is 17/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For Blockchain Coinvestors Acquisition I (BCSAW), the current Current Ratio is 0.10 as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Blockchain Coinvestors Acquisition I Business Description

Address Boundary Hall, Cricket Square, PO Box 1093, Grand Cayman, CYM, KY1-1102
Blockchain Coinvestors Acquisition Corp I is a blank check company.
17GF Score

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