As of June 19, 2025, Newborn Acquisition Corp (NBAC) reports a Current Ratio of 0.35.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Comparing Newborn Acquisition Corp's Current Ratio to Peers
To better understand Newborn Acquisition Corp's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Newborn Acquisition Corp (NBAC) | 0.35 |
| Middlefield Global Real Asset Fund (RA.UN.TO) | 85.81 |
| Petra Acquisition Inc (PAIC) | 21.67 |
| North American Financial 15 Split Corp (FFN.TO) | 9.09 |
| BTCS Inc (BTCS) | 8.98 |
| HK Battery Technology Inc (HKBT) | 8.51 |
Compared to its competitors, Newborn Acquisition Corp's Current Ratio is among the lowest compared to peers, suggesting tighter liquidity management or potential short-term obligations concerns.