SNRHW (Senior Connect Acquisition I) Current Ratio: 0.06 (As of Mar. 2023) — 79% Below Median

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SNRHW Senior Connect Acquisition Corp I SNRHW
22 GF Score
Price $0.00
! 2 Warning Signs
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What is Senior Connect Acquisition I Current Ratio?

Senior Connect Acquisition I SNRHW 22 Current Ratio is 0.06 as of Mar. 2023, which is 79% below its 10-year median of 0.28. GuruFocus rates SNRHW 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. Senior Connect Acquisition I's current ratio for the quarter that ended in Mar. 2023 was 0.06.

Senior Connect Acquisition I has a current ratio of 0.06. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Senior Connect 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 Senior Connect Acquisition I's Current Ratio or its related term are showing as below:

SNRHW' s Current Ratio Range Over the Past 10 Years
Min: 0.03   Med: 0.28   Max: 9.38
Current: 0.06

During the past 3 years, Senior Connect Acquisition I's highest Current Ratio was 9.38. The lowest was 0.03. And the median was 0.28.

SNRHW's Current Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 3.19 vs SNRHW: 0.06

Senior Connect Acquisition I  (NAS:SNRHW) 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.


Senior Connect Acquisition I Current Ratio Related Terms


Senior Connect Acquisition I Current Ratio Historical Data

* Premium members only.

The historical data trend for Senior Connect 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.

Senior Connect Acquisition I Current Ratio Chart

Senior Connect Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Current Ratio
9.38 0.63 0.03

Senior Connect Acquisition I Quarterly Data
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 0.28 0.13 0.05 0.03 0.06

SNRHW vs UNEX, FINM, HHLA: Current Ratio Comparison

For the Shell Companies subindustry, Senior Connect 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.


Senior Connect Acquisition I Current Ratio vs Diversified Financial Services Industry

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

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


SNRHW
22GF Score
Senior Connect Acquisition Corp I SNRHW
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Senior Connect 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.

Senior Connect 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 )
=0.075/2.579
=0.03

Senior Connect Acquisition I'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 )
=0.239/3.811
=0.06

* 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 0.06 mean?
Senior Connect Acquisition I (SNRHW) has a Current Ratio of 0.06 as of Mar. 2023. This is 79% below median its historical median of 0.28. Over the past decade, Senior Connect Acquisition I's Current Ratio has ranged from 0.03 to 9.38.
Is Senior Connect Acquisition I's Current Ratio too high?
Senior Connect Acquisition I's current Current Ratio of 0.06 is 79% below median its 10-year median of 0.28. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 9.38. The Diversified Financial Services industry median Current Ratio is 3.19. Senior Connect Acquisition I's value of 0.06 is 98.1% below this industry median. Overall, Senior Connect Acquisition I has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Senior Connect Acquisition I's Current Ratio compare to UNEX and FINM?
Senior Connect Acquisition I's Current Ratio of 0.06 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 3.19. Senior Connect Acquisition I's value of 0.06 is 98.1% below this benchmark. Historically, Senior Connect Acquisition I's own Current Ratio has ranged from 0.03 to 9.38 over the past decade. While the company's 10-year median is 0.28 vs. the industry median of 3.19, Senior Connect Acquisition I 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 3.19, based on 496 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. Senior Connect Acquisition I's current Current Ratio of 0.06 is 98.1% 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 3.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Senior Connect Acquisition I's current Current Ratio is 0.06, which is 79% below median its own 10-year median of 0.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Senior Connect Acquisition I stock overvalued right now?
Senior Connect Acquisition I (SNRHW) has a current Current Ratio of 0.06. The current Current Ratio is 0.06, which is 79% below median its 10-year median of 0.28 and 98.1% below the Diversified Financial Services industry median of 3.19. Senior Connect Acquisition I'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 Senior Connect Acquisition I (SNRHW), the current Current Ratio is 0.06 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.

Senior Connect Acquisition I Business Description

Address 7114 East Stetson Drive, Suite 400, Scottsdale, AZ, USA, 85251
Senior Connect Acquisition Corp I is a blank check company.
22GF Score

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