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Disruptive Acquisition I (Disruptive Acquisition I) Current Ratio : 0.02 (As of Sep. 2023)


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What is Disruptive Acquisition I 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. Disruptive Acquisition I's current ratio for the quarter that ended in Sep. 2023 was 0.02.

Disruptive Acquisition I has a current ratio of 0.02. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Disruptive 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 Disruptive Acquisition I's Current Ratio or its related term are showing as below:

DISAU' s Current Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.25   Max: 10.59
Current: 0.02

During the past 3 years, Disruptive Acquisition I's highest Current Ratio was 10.59. The lowest was 0.02. And the median was 0.25.

DISAU's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 0.945 vs DISAU: 0.02

Disruptive Acquisition I Current Ratio Historical Data

The historical data trend for Disruptive 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.

* Premium members only.

Disruptive Acquisition I Current Ratio Chart

Disruptive Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Current Ratio
1.23 0.48 0.08

Disruptive Acquisition I Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.13 0.08 0.03 0.07 0.02

Competitive Comparison of Disruptive Acquisition I's Current Ratio

For the Shell Companies subindustry, Disruptive 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.


Disruptive Acquisition I's Current Ratio Distribution in the Diversified Financial Services Industry

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

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



Disruptive 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.

Disruptive Acquisition I's Current Ratio for the fiscal year that ended in Dec. 2022 is calculated as

Current Ratio (A: Dec. 2022 )=Total Current Assets (A: Dec. 2022 )/Total Current Liabilities (A: Dec. 2022 )
=0.118/1.515
=0.08

Disruptive Acquisition I's Current Ratio for the quarter that ended in Sep. 2023 is calculated as

Current Ratio (Q: Sep. 2023 )=Total Current Assets (Q: Sep. 2023 )/Total Current Liabilities (Q: Sep. 2023 )
=0.05/3.296
=0.02

* 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.


Disruptive Acquisition I  (NAS:DISAU) 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.


Disruptive Acquisition I Current Ratio Related Terms

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Disruptive Acquisition I (Disruptive Acquisition I) Business Description

Traded in Other Exchanges
Address
11501 Rock Rose Avenue, Suite 200, Austin, TX, USA, 78758
Disruptive Acquisition Corp I is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Sculptor Capital Holding Ii Llc 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Toms Capital Investment Management Lp 10 percent owner 450 WEST 14TH STREET, 13TH FLOOR, NEW YORK NY 10014
Oz Credit Opportunities Master Fund, Ltd. 10 percent owner 9 WEST 57TH STREET, 39 FL., NEW YORK NY 10019
Ozsc Ii, L.p. 10 percent owner 9 WEST 57TH STREET, 39 FL., NEW YORK NY 10019
Sculptor Capital Ii Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Management, Inc. 10 percent owner 9 WEST 57TH STREET FL 39, NEW YORK NY 10019
Sculptor Capital Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Special Funding, Lp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Sculptor Capital Holding Corp 10 percent owner 9 WEST 57TH STREET, 39TH FLOOR, NEW YORK NY 10019
Karen Finerman director C/O GRAFTECH INTERNATIONAL, 12900 SNOW ROAD, PARMA OH 441430
James R. Blake director C/O DISRUPTIVE ACQUISITION CORPORATION I, 925 CENTURY PARK EAST SUITE 1700, LOS ANGELES CA 90067
Disruptive Acquisition Sponsor I, Llc 10 percent owner 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
Phillip C. Caputo officer: CFO 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
David M. Tarnowski director, officer: COO and Director 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403
Mardy S. Fish officer: VP, Business Development 1626 MONTANA AVENUE #649, SANTA MONICA CA 90403

Disruptive Acquisition I (Disruptive Acquisition I) Headlines