ROCGW (Roth CH Acquisition IV Co) Current Ratio: 0.20 (As of Mar. 2023) — 93% Below Median

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ROCGW Roth CH Acquisition IV Co ROCGW
22 GF Score
Price $0.63
! 2 Warning Signs
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What is Roth CH Acquisition IV Co Current Ratio?

Roth CH Acquisition IV Co ROCGW 22 Current Ratio is 0.20 as of Mar. 2023, which is 93% below its 10-year median of 2.91. GuruFocus rates ROCGW with a GF Score™ of 22/100. The stock has 2 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. Roth CH Acquisition IV Co's current ratio for the quarter that ended in Mar. 2023 was 0.20.

Roth CH Acquisition IV Co has a current ratio of 0.20. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Roth CH Acquisition IV 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 Roth CH Acquisition IV Co's Current Ratio or its related term are showing as below:

ROCGW' s Current Ratio Range Over the Past 10 Years
Min: 0.2   Med: 2.91   Max: 23
Current: 0.2

During the past 4 years, Roth CH Acquisition IV Co's highest Current Ratio was 23.00. The lowest was 0.20. And the median was 2.91.

ROCGW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 2.65 vs ROCGW: 0.20

Roth CH Acquisition IV Co  (NAS:ROCGW) 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.


Roth CH Acquisition IV Co Current Ratio Related Terms


Roth CH Acquisition IV Co Current Ratio Historical Data

* Premium members only.

The historical data trend for Roth CH Acquisition IV 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.

Roth CH Acquisition IV Co Current Ratio Chart

Roth CH Acquisition IV Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Current Ratio
25.00 23.00 4.04 0.35

Roth CH Acquisition IV Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.20 5.22 1.77 0.35 0.20

ROCGW vs SAGA, GLLI, EVGR: Current Ratio Comparison

For the Shell Companies subindustry, Roth CH Acquisition IV 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.


Roth CH Acquisition IV Co Current Ratio vs Diversified Financial Services Industry

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

* The bar in red indicates where Roth CH Acquisition IV Co's Current Ratio falls into.


ROCGW
22GF Score
Roth CH Acquisition IV Co ROCGW
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Roth CH Acquisition IV 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.

Roth CH Acquisition IV Co'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 )
=0.374/1.062
=0.35

Roth CH Acquisition IV Co's Current Ratio for the quarter that ended in Mar. 2023 is calculated as

Current Ratio (Q: Mar. 2023 )=Total Current Assets (Q: Mar. 2023 )/Total Current Liabilities (Q: Mar. 2023 )
=0.262/1.285
=0.20

* 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 0.20 mean?
Roth CH Acquisition IV Co (ROCGW) has a Current Ratio of 0.20 as of Mar. 2023. This is 93% below median its historical median of 2.91. Over the past decade, Roth CH Acquisition IV Co's Current Ratio has ranged from 0.20 to 23.00.
Is Roth CH Acquisition IV Co's Current Ratio too high?
Roth CH Acquisition IV Co's current Current Ratio of 0.20 is 93% below median its 10-year median of 2.91. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 23.00. The Diversified Financial Services industry median Current Ratio is 2.65. Roth CH Acquisition IV Co's value of 0.20 is 92.5% below this industry median. Overall, Roth CH Acquisition IV Co has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Roth CH Acquisition IV Co's Current Ratio compare to SAGA and GLLI?
Roth CH Acquisition IV Co's Current Ratio of 0.20 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 2.65. Roth CH Acquisition IV Co's value of 0.20 is 92.5% below this benchmark. Historically, Roth CH Acquisition IV Co's own Current Ratio has ranged from 0.20 to 23.00 over the past decade. While the company's 10-year median is 2.91 vs. the industry median of 2.65, Roth CH Acquisition IV 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 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. Roth CH Acquisition IV Co's current Current Ratio of 0.20 is 92.5% 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 2.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Roth CH Acquisition IV Co's current Current Ratio is 0.20, which is 93% below median its own 10-year median of 2.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Roth CH Acquisition IV Co stock overvalued right now?
Roth CH Acquisition IV Co (ROCGW) has a current Current Ratio of 0.20. The current Current Ratio is 0.20, which is 93% below median its 10-year median of 2.91 and 92.5% below the Diversified Financial Services industry median of 2.65. Roth CH Acquisition IV Co's overall GF Score™ is 22/100 with 2 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 Roth CH Acquisition IV Co (ROCGW), the current Current Ratio is 0.20 as of Mar. 2023. 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.

Roth CH Acquisition IV Co Business Description

Address 888 San Clemente Drive, Suite 400, Newport Beach, CA, USA, 92660
Roth CH Acquisition IV Co is a blank check company.
22GF Score

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

$0.63
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