SWSS (Clean Energy Special Situations) Current Ratio: 0.01 (As of Sep. 2023)

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SWSS Clean Energy Special Situations Corp SWSS
31 GF Score
Price $10.70
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What is Clean Energy Special Situations Current Ratio?

Clean Energy Special Situations SWSS 31 Current Ratio is 0.01 as of Sep. 2023. GuruFocus rates SWSS with a GF Score™ of 31/100.

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. Clean Energy Special Situations's current ratio for the quarter that ended in Sep. 2023 was 0.01.

Clean Energy Special Situations has a current ratio of 0.01. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Clean Energy Special Situations 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 Clean Energy Special Situations's Current Ratio or its related term are showing as below:

SWSS's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 3.145
* Ranked among companies with meaningful Current Ratio only.

Clean Energy Special Situations  (OTCPK:SWSS) 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.


Clean Energy Special Situations Current Ratio Related Terms


Clean Energy Special Situations Current Ratio Historical Data

* Premium members only.

The historical data trend for Clean Energy Special Situations'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.

Clean Energy Special Situations Current Ratio Chart

Clean Energy Special Situations Annual Data
Trend Dec20 Dec21 Dec22
Current Ratio
0.00 3.63 0.41

Clean Energy Special Situations 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 2.29 0.41 0.07 0.05 0.01

SWSS vs CREEF, AEAE, GGAAF: Current Ratio Comparison

For the Shell Companies subindustry, Clean Energy Special Situations'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.


Clean Energy Special Situations Current Ratio vs Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Clean Energy Special Situations's Current Ratio distribution charts can be found below:

* The bar in red indicates where Clean Energy Special Situations's Current Ratio falls into.


SWSS
31GF Score
Clean Energy Special Situations Corp SWSS
Current Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Clean Energy Special Situations 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.

Clean Energy Special Situations'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 )
=0.321/0.79
=0.41

Clean Energy Special Situations'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 )
=0.018/2.898
=0.01

* 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 0.01 mean?
Clean Energy Special Situations (SWSS) has a Current Ratio of 0.01 as of Sep. 2023.
Is Clean Energy Special Situations' Current Ratio too high?
Clean Energy Special Situations' current Current Ratio is 0.01. The Diversified Financial Services industry median Current Ratio is 3.15. Clean Energy Special Situations' value of 0.01 is 99.7% below this industry median. Overall, Clean Energy Special Situations has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Clean Energy Special Situations' Current Ratio compare to CREEF and AEAE?
Clean Energy Special Situations' Current Ratio of 0.01 can be compared against companies in the Diversified Financial Services industry. The industry median Current Ratio is 3.15. Clean Energy Special Situations' value of 0.01 is 99.7% below this benchmark. 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. Clean Energy Special Situations's current Current Ratio of 0.01 is 99.7% 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. Clean Energy Special Situations's current Current Ratio is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clean Energy Special Situations stock overvalued right now?
Clean Energy Special Situations (SWSS) has a current Current Ratio of 0.01. The current Current Ratio is 0.01 and 99.7% below the Diversified Financial Services industry median of 3.15. Clean Energy Special Situations' overall GF Score™ is 31/100. 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 Clean Energy Special Situations (SWSS), the current Current Ratio is 0.01 as of Sep. 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.

Clean Energy Special Situations Business Description

Address c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, The Chrysler Building, New York, NY, USA, 10174
Clean Energy Special Situations Corp Formerly Springwater Special Situations Corp is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities.
31GF Score

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