CHEC (Chenghe Acquisition III Co) Current Ratio: 2.87 (As of Mar. 2026) — 212% Above Median

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CHEC Chenghe Acquisition III Co CHEC
15 GF Score
Price $10.20
! 1 Warning Sign
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What is Chenghe Acquisition III Co Current Ratio?

Chenghe Acquisition III Co CHEC 15 Current Ratio is 2.87 as of Mar. 2026, which is 212% above its 10-year median of 0.92. GuruFocus rates CHEC with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 490 Diversified Financial Services companies, Chenghe Acquisition III Co ranks worse than 51.84% 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. Chenghe Acquisition III Co's current ratio for the quarter that ended in Mar. 2026 was 2.87.

Chenghe Acquisition III Co has a current ratio of 2.87. It generally indicates good short-term financial strength.

The historical rank and industry rank for Chenghe Acquisition III Co's Current Ratio or its related term are showing as below:

CHEC' s Current Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.92   Max: 4.54
Current: 2.87

During the past 2 years, Chenghe Acquisition III Co's highest Current Ratio was 4.54. The lowest was 0.07. And the median was 0.92.

CHEC's Current Ratio is ranked worse than
51.84% of 490 companies
in the Diversified Financial Services industry
Industry Median: 3.02 vs CHEC: 2.87

Chenghe Acquisition III Co  (NAS:CHEC) 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.


Chenghe Acquisition III Co Current Ratio Related Terms


Chenghe Acquisition III Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Chenghe 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.

Chenghe Acquisition III Co Current Ratio Chart

Chenghe Acquisition III Co Annual Data
Trend Dec24 Dec25
Current Ratio
0.14 4.54

Chenghe Acquisition III Co Quarterly Data
Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Current Ratio Get a 7-Day Free Trial 0.07 0.00 0.92 4.54 2.87

CHEC vs PAAC, ARCL, PONO: Current Ratio Comparison

For the Shell Companies subindustry, Chenghe 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.


Chenghe Acquisition III Co Current Ratio vs Diversified Financial Services Industry

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

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


CHEC
15GF Score
Chenghe Acquisition III Co CHEC
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Chenghe 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.

Chenghe 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 )
=0.809/0.178
=4.54

Chenghe Acquisition III Co's Current Ratio for the quarter that ended in Mar. 2026 is calculated as

Current Ratio (Q: Mar. 2026 )=Total Current Assets (Q: Mar. 2026 )/Total Current Liabilities (Q: Mar. 2026 )
=0.695/0.242
=2.87

* 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 2.87 mean?
Chenghe Acquisition III Co (CHEC) has a Current Ratio of 2.87 as of Mar. 2026. This is 212% above median its historical median of 0.92. Over the past decade, Chenghe Acquisition III Co's Current Ratio has ranged from 0.07 to 4.54. According to the industry distribution chart, Chenghe Acquisition III Co ranks #254 out of 490 companies in the Diversified Financial Services industry, placing it in the top 51.8%.
Is Chenghe Acquisition III Co's Current Ratio too high?
Chenghe Acquisition III Co's current Current Ratio of 2.87 is 212% above median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 4.54. The Diversified Financial Services industry median Current Ratio is 3.02. Chenghe Acquisition III Co's value of 2.87 is 5% below this industry median. Based on the distribution chart, Chenghe Acquisition III Co ranks #254 out of 490 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Chenghe Acquisition III Co has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Chenghe Acquisition III Co's Current Ratio compare to PAAC and ARCL?
According to the Diversified Financial Services industry distribution chart, Chenghe Acquisition III Co ranks #254 out of 490 companies for Current Ratio. This places Chenghe Acquisition III Co in the lower half of its industry. The industry median Current Ratio is 3.02. Chenghe Acquisition III Co's value of 2.87 is 5% below this benchmark. Historically, Chenghe Acquisition III Co's own Current Ratio has ranged from 0.07 to 4.54 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 3.02, Chenghe Acquisition III Co 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 3.02, 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. Chenghe Acquisition III Co's current Current Ratio of 2.87 is 5% 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 3.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chenghe Acquisition III Co's current Current Ratio is 2.87, which is 212% above median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chenghe Acquisition III Co stock overvalued right now?
Chenghe Acquisition III Co (CHEC) has a current Current Ratio of 2.87. The current Current Ratio is 2.87, which is 212% above median its 10-year median of 0.92 and 5% below the Diversified Financial Services industry median of 3.02. Chenghe Acquisition III Co's overall GF Score™ is 15/100 with 1 warning sign 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 Chenghe Acquisition III Co (CHEC), the current Current Ratio is 2.87 as of Mar. 2026. 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.

Chenghe Acquisition III Co Business Description

Address 38 Beach Road, No. 29-11, South Beach Tower, Singapore, SGP, 189767
Chenghe Acquisition III Co is blank check company.
15GF Score

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