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Osiris Acquisition (Osiris Acquisition) Current Ratio : 0.04 (As of Dec. 2023)


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What is Osiris Acquisition 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. Osiris Acquisition's current ratio for the quarter that ended in Dec. 2023 was 0.04.

Osiris Acquisition has a current ratio of 0.04. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Osiris Acquisition 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 Osiris Acquisition's Current Ratio or its related term are showing as below:

OSI' s Current Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.3   Max: 0.96
Current: 0.04

During the past 4 years, Osiris Acquisition's highest Current Ratio was 0.96. The lowest was 0.04. And the median was 0.30.

OSI's Current Ratio is ranked worse than
78.48% of 553 companies
in the Diversified Financial Services industry
Industry Median: 1.18 vs OSI: 0.04

Osiris Acquisition Current Ratio Historical Data

The historical data trend for Osiris Acquisition'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.

Osiris Acquisition Current Ratio Chart

Osiris Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Ratio
0.20 0.96 0.40 0.04

Osiris Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Current Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.40 0.34 0.08 0.10 0.04

Competitive Comparison of Osiris Acquisition's Current Ratio

For the Shell Companies subindustry, Osiris Acquisition'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.


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

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

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



Osiris Acquisition 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.

Osiris Acquisition's Current Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Current Ratio (A: Dec. 2023 )=Total Current Assets (A: Dec. 2023 )/Total Current Liabilities (A: Dec. 2023 )
=0.209/4.689
=0.04

Osiris Acquisition's Current Ratio for the quarter that ended in Dec. 2023 is calculated as

Current Ratio (Q: Dec. 2023 )=Total Current Assets (Q: Dec. 2023 )/Total Current Liabilities (Q: Dec. 2023 )
=0.209/4.689
=0.04

* 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.


Osiris Acquisition  (NYSE:OSI) 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.


Osiris Acquisition Current Ratio Related Terms

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Osiris Acquisition (Osiris Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
95 5th Avenue, 6th Floor, New York, NY, USA, 10003
Osiris Acquisition Corp is a blank check company, It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Jennifer Decasper director 2053 N. ABINGDON ST., ARLINGTON VA 22207
Jefferies Financial Group Inc. 10 percent owner 520 MADISON AVENUE, NEW YORK NY 10022
Jefferies Llc 10 percent owner 520 MADISON AVE., NEW YORK NY 10022
Brad Bisca officer: Chief Financial Officer 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Asad Hussaini director 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Benjamin F Rattner director, officer: President and Director 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Fortinbras Spac Holdings Llc 10 percent owner 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Fortinbras Enterprises Lp 10 percent owner 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Fortinbras Enterprises Holdings Llc 10 percent owner 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Makan Delrahim director 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Michael V Abt director, other: Chairman 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Dhiren R. Fonseca director C/O NORTHWEST RETAIL PARTNERS, LTD., 224 WESTLAKE AVE N, SUITE 500, SEATTLE WA 98109
Anthony V Martucci officer: CFO and Secretary 95 5TH AVENUE, 6TH FLOOR, NEW YORK NY 10003
Osiris Sponsor, Llc 10 percent owner 95 5TH AVE, NEW YORK NY 10003
Benjamin Black director, 10 percent owner, officer: Director & CEO C/O APOLLO MANAGEMENT LP, 9 WEST 57TH STREET, 43RD FLOOR, NEW YORK NY 10019

Osiris Acquisition (Osiris Acquisition) Headlines