IRAB (Iris Acquisition II) Current Ratio: 2.94 (As of Mar. 2026) — Near Median

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IRAB Iris Acquisition Corp II IRAB
12 GF Score
Price $9.95
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What is Iris Acquisition II Current Ratio?

Iris Acquisition II IRAB 12 Current Ratio is 2.94 as of Mar. 2026, which is at its 10-year median of 2.94. GuruFocus rates IRAB with a GF Score™ of 12/100. Among 490 Diversified Financial Services companies, Iris Acquisition II ranks worse than 51.43% 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. Iris Acquisition II's current ratio for the quarter that ended in Mar. 2026 was 2.94.

Iris Acquisition II has a current ratio of 2.94. It generally indicates good short-term financial strength.

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

IRAB' s Current Ratio Range Over the Past 10 Years
Min: 2.94   Med: 2.94   Max: 2.94
Current: 2.94

During the past 1 years, Iris Acquisition II's highest Current Ratio was 2.94. The lowest was 2.94. And the median was 2.94.

IRAB's Current Ratio is ranked worse than
51.43% of 490 companies
in the Diversified Financial Services industry
Industry Median: 3.145 vs IRAB: 2.94

Iris Acquisition II  (NYSE:IRAB) 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.


Iris Acquisition II Current Ratio Related Terms


Iris Acquisition II Current Ratio Historical Data

* Premium members only.

The historical data trend for Iris Acquisition II'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.

Iris Acquisition II Current Ratio Chart

Iris Acquisition II Annual Data
Trend Dec25
Current Ratio
0.00

Iris Acquisition II Quarterly Data
Jul25 Dec25 Mar26
Current Ratio 0.00 0.00 2.94

IRAB vs SVCC, CRAC, BIII: Current Ratio Comparison

For the Shell Companies subindustry, Iris Acquisition II'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.


Iris Acquisition II Current Ratio vs Diversified Financial Services Industry

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

* The bar in red indicates where Iris Acquisition II's Current Ratio falls into.


IRAB
12GF Score
Iris Acquisition Corp II IRAB
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Iris Acquisition II 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.

Iris Acquisition II'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 )
=0/0.183
=0.00

Iris Acquisition II'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 )
=0.931/0.317
=2.94

* 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 2.94 mean?
Iris Acquisition II (IRAB) has a Current Ratio of 2.94 as of Mar. 2026. This is near median its historical median of 2.94. Over the past decade, Iris Acquisition II's Current Ratio has ranged from 2.94 to 2.94. According to the industry distribution chart, Iris Acquisition II ranks #252 out of 490 companies in the Diversified Financial Services industry, placing it in the top 51.4%.
Is Iris Acquisition II's Current Ratio too high?
Iris Acquisition II's current Current Ratio of 2.94 is near median its 10-year median of 2.94. Over the past 10 years, this metric has ranged from a low of 2.94 to a high of 2.94. The Diversified Financial Services industry median Current Ratio is 3.15. Iris Acquisition II's value of 2.94 is 6.5% below this industry median. Based on the distribution chart, Iris Acquisition II ranks #252 out of 490 companies in the Diversified Financial Services industry, which is below the industry midpoint. Overall, Iris Acquisition II has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Iris Acquisition II's Current Ratio compare to SVCC and CRAC?
According to the Diversified Financial Services industry distribution chart, Iris Acquisition II ranks #252 out of 490 companies for Current Ratio. This places Iris Acquisition II in the lower half of its industry. The industry median Current Ratio is 3.15. Iris Acquisition II's value of 2.94 is 6.5% below this benchmark. Historically, Iris Acquisition II's own Current Ratio has ranged from 2.94 to 2.94 over the past decade. While the company's 10-year median is 2.94 vs. the industry median of 3.15, Iris Acquisition II 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 3.15, 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. Iris Acquisition II's current Current Ratio of 2.94 is 6.5% 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 3.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Iris Acquisition II's current Current Ratio is 2.94, which is near median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iris Acquisition II stock overvalued right now?
Iris Acquisition II (IRAB) has a current Current Ratio of 2.94. The current Current Ratio is 2.94, which is near median its 10-year median of 2.94 and 6.5% below the Diversified Financial Services industry median of 3.15. Iris Acquisition II's overall GF Score™ is 12/100. 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 Iris Acquisition II (IRAB), the current Current Ratio is 2.94 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.

Iris Acquisition II Business Description

Address Central Park Towers Offices, PO Box 941641, Dubai International Financial Centre, OT 09-31, Dubai, ARE
Iris Acquisition Corp II is a blank check company.
12GF 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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