BIII (Black Spade Acquisition III Co) Current Ratio: 0.88 (As of Dec. 2025)

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BIII Black Spade Acquisition III Co BIII
8 GF Score
Price $9.95
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What is Black Spade Acquisition III Co Current Ratio?

Black Spade Acquisition III Co BIII 8 Current Ratio is 0.88 as of Dec. 2025. GuruFocus rates BIII with a GF Score™ of 8/100. Among 490 Diversified Financial Services companies, Black Spade Acquisition III Co ranks worse than 204081.43% on this metric.

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. Black Spade Acquisition III Co's current ratio for the quarter that ended in Dec. 2025 was 0.88.

Black Spade Acquisition III Co has a current ratio of 0.88. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Black Spade Acquisition III Co 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 Black Spade Acquisition III Co's Current Ratio or its related term are showing as below:

BIII's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.145
* Ranked among companies with meaningful Current Ratio only.

Black Spade Acquisition III Co  (NYSE:BIII) 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.


Black Spade Acquisition III Co Current Ratio Related Terms


Black Spade Acquisition III Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Black Spade Acquisition III Co'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.

Black Spade Acquisition III Co Current Ratio Chart

Black Spade Acquisition III Co Annual Data
Trend Dec25
Current Ratio
0.88

Black Spade Acquisition III Co Semi-Annual Data
Dec25
Current Ratio 0.88

BIII vs SVCC, TVIV, IRAB: Current Ratio Comparison

For the Shell Companies subindustry, Black Spade Acquisition III Co'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.


Black Spade Acquisition III Co Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Black Spade Acquisition III Co's Current Ratio distribution charts can be found below:

* The bar in red indicates where Black Spade Acquisition III Co's Current Ratio falls into.


BIII
8GF Score
Black Spade Acquisition III Co BIII
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Spade Acquisition III Co 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.

Black Spade Acquisition III Co's Current Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Current Ratio (A: Dec. 2025 )=Total Current Assets (A: Dec. 2025 )/Total Current Liabilities (A: Dec. 2025 )
=3.279/3.724
=0.88

Black Spade Acquisition III Co's Current Ratio for the quarter that ended in Dec. 2025 is calculated as

Current Ratio (Q: Dec. 2025 )=Total Current Assets (Q: Dec. 2025 )/Total Current Liabilities (Q: Dec. 2025 )
=3.279/3.724
=0.88

* 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 0.88 mean?
Black Spade Acquisition III Co (BIII) has a Current Ratio of 0.88 as of Dec. 2025. According to the industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 490 companies in the Diversified Financial Services industry.
Is Black Spade Acquisition III Co's Current Ratio too high?
Black Spade Acquisition III Co's current Current Ratio is 0.88. The Diversified Financial Services industry median Current Ratio is 3.15. Black Spade Acquisition III Co's value of 0.88 is 72% below this industry median. Based on the distribution chart, Black Spade Acquisition III Co ranks #999999 out of 490 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Black Spade Acquisition III Co has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Black Spade Acquisition III Co's Current Ratio compare to SVCC and TVIV?
According to the Diversified Financial Services industry distribution chart, Black Spade Acquisition III Co ranks #999999 out of 490 companies for Current Ratio. This places Black Spade Acquisition III Co in the lower half of its industry. The industry median Current Ratio is 3.15. Black Spade Acquisition III Co's value of 0.88 is 72% below this benchmark. 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 3.15, based on 490 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. Black Spade Acquisition III Co's current Current Ratio of 0.88 is 72% 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 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Spade Acquisition III Co's current Current Ratio is 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spade Acquisition III Co stock overvalued right now?
Black Spade Acquisition III Co (BIII) has a current Current Ratio of 0.88. The current Current Ratio is 0.88 and 72% below the Diversified Financial Services industry median of 3.15. Black Spade Acquisition III Co's overall GF Score™ is 8/100. 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 Black Spade Acquisition III Co (BIII), the current Current Ratio is 0.88 as of Dec. 2025. 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.

Black Spade Acquisition III Co Business Description

Address 60 Wyndham Street, Suite 2902, 29th Floor, The Centrium, Central, Hong Kong, HKG
Black Spade Acquisition III Co is a blank check company.
8GF Score

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Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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