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Quadro Acquisition One (Quadro Acquisition One) Current Ratio : 0.00 (As of Dec. 2023)


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What is Quadro Acquisition One 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. Quadro Acquisition One's current ratio for the quarter that ended in Dec. 2023 was 0.00.

Quadro Acquisition One has a current ratio of 0.00. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If Quadro Acquisition One 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 Quadro Acquisition One's Current Ratio or its related term are showing as below:

During the past 4 years, Quadro Acquisition One's highest Current Ratio was 2.03. The lowest was 0.07. And the median was 1.05.

QDRO's Current Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.25
* Ranked among companies with meaningful Current Ratio only.

Quadro Acquisition One Current Ratio Historical Data

The historical data trend for Quadro Acquisition One'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.

Quadro Acquisition One Current Ratio Chart

Quadro Acquisition One Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Current Ratio
- 2.03 0.07 -

Quadro Acquisition One 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 0.07 0.01 - - -

Competitive Comparison of Quadro Acquisition One's Current Ratio

For the Shell Companies subindustry, Quadro Acquisition One'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.


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

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

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



Quadro Acquisition One 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.

Quadro Acquisition One'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 )
=0.001/2.135
=0.00

Quadro Acquisition One'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 )
=0.001/2.135
=0.00

* 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.


Quadro Acquisition One  (NAS:QDRO) 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.


Quadro Acquisition One Current Ratio Related Terms

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Quadro Acquisition One (Quadro Acquisition One) Business Description

Traded in Other Exchanges
Address
2685 Nottingham Avenue, Los Angeles, CA, USA, 90027
Website
Quadro Acquisition One Corp is a blank check company.
Executives
Dimitri Elkin 10 percent owner, officer: Chief Executive Officer 25/28 BURLINGTON STREET, LONDON X0 W1S 3AN
Quadro Sponsor Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715
Giedrius Pukas 10 percent owner 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715
Ivan Tavrin director, 10 percent owner, officer: Chairman and CEO C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Clifford Tompsett director C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Kismet Sponsor Ltd 10 percent owner 3RD FLOOR, YARMRAJ BUILDING, MARKET SQ, P.O. BOX 3175, ROAD TOWN, TORTOLA D8 VG1110
Verdi Israelyan director C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Leonid Zilber director C/O KISMET ACQUISITION TWO CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715