In the wake of the increase in Current Liabilities in the fourth quarter 2024, Quick Ratio fell to 0.01 a new company low.

Within Blank Checks industry 95 other companies have achieved higher Quick Ratio than Iris Acquisition in fourth quarter 2024. While Quick Ratio total ranking in the fourth quarter 2024 has deteriorated compared to the prior quarter from 3677 to 5221.

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IRAA Quick Ratio	(Dec 31 2024) Q4	(Sep 30 2024) Q3	(Jun 30 2024) Q2	(Mar 31 2024) Q1	(Dec 31 2023) Q4
Y / Y Current Liabilities Change	68.29 %	63.66 %	60.81 %	89.31 %	43.64 %
Y / Y Cash & cash equivalent Change	-58.23 %	6.06 %	194.51 %	344.53 %	-44.26 %
Quick Ratio MRQ	0.01	0.05	0.05	0.03	0.03
IRAA's Total Ranking	# 5221	# 3677	# 2658	# 4108	# 4222
Seq. Current Liabilities Change	15.21 %	16.49 %	-6.87 %	34.65 %	12.04 %
Seq. Cash & cash equivalent Change	-81.76 %	5.59 %	68.31 %	28.84 %	-53.68 %

Quick Ratio fourth quarter 2024 Company Ranking
Within:	No.
Blank Checks Industry	# 96
Financial Sector	# 951
Overall Market	# 5221

Quick Ratio Statistics
High	Average	Low
3.82	0.6	0.01
(Mar 31 2021)		(Dec 31 2024)

Financial Statements
Iris Acquisition's Current Liabilities	$ 9 Millions	Visit IRAA's Balance sheet
Iris Acquisition's Cash & cash equivalent	$ 0 Millions	Visit IRAA's Balance sheet
Source of IRAA's Sales		Visit IRAA's Sales by Geography

Cumulative Iris Acquisition's Quick Ratio

IRAA's Quick Ratio for the trailling 12 Months

IRAA Quick Ratio	(Dec 31 2024) 12 Months	(Sep 30 2024) 12 Months	(Jun 30 2024) 12 Months	(Mar 31 2024) 12 Months	(Dec 31 2023) 12 Months
Y / Y Current Liabilities TTM Growth	69.76 %	64.34 %	78.32 %	87.49 %	88.71 %
Y / Y Cash & cash equivalent TTM Growth	47.29 %	35.5 %	80.98 %	59.91 %	-10.86 %
Quick Ratio TTM	0.03	0.04	0.04	0.04	0.04
Total Ranking TTM	# 4187	# 3775	# 2161	# 2428	# 3022
Seq. Current Liabilities TTM Growth	13.49 %	12.65 %	11.8 %	18.77 %	9.86 %
Seq. Cash & cash equivalent TTM Growth	-8.63 %	1.98 %	27.63 %	23.86 %	-15.95 %

Quick ratio ranking by company, industry and sector >> Back to IRAA Financial Strength Comparisons >> Go to Compare IRAA Quick Ratio to its Competitors

On the trailing twelve months basis Due to increase in Current Liabilities in the Q4 2024 to $8.68 millions, cumulative Quick Ratio decreased to 0.03 below the Iris Acquisition Corp average Quick Ratio.
Quick Ratio is the average cumulative value over the last four quarters.

Among companies operating within Blank Checks industry 55 other companies have achieved higher Quick Ratio than Iris Acquisition. While Quick Ratio total ranking has deteriorated compared to the previous twelve months ending in the third quarter 2024 from 3775 to 4187.

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How much Cash & cash equivalents IRAA�s has?
What are IRAA�s Current Liabilities?

TTM Quick Ratio Company Ranking
Within:	No.
Within the Blank Checks Industry	# 56
Financial Sector	# 197
Within the Market	# 4187

trailing twelve months Quick Ratio Statistics
High	Average	Low
1.2	0.25	0.03
(Dec 31 2021)		(Dec 31 2024)

Companies with similar Quick Ratio in the quarter ending Dec 31 2024, within Blank Checks Industry	Quick Ratio	Dec 31 2024 MRQ Cash & cash equivalent	Dec 31 2024 MRQ Current Liabilities
Arvana Inc	0.02	$ 0.018 Millions	$ 0.988 Millions
Embrace Change Acquisition Corp	0.02	$ 0.067 Millions	$ 4.017 Millions
Bioethics Ltd	0.02	$ 0.015 Millions	$ 0.946 Millions
Texas Ventures Acquisition III Corp	0.01	$ 0.002 Millions	$ 0.152 Millions
Israel Acquisitions Corp	0.01	$ 0.021 Millions	$ 1.476 Millions
CO2 Energy Transition Corp.	0.01	$ 0.002 Millions	$ 0.146 Millions
Valuence Merger Corp I	0.01	$ 0.061 Millions	$ 4.339 Millions
Compass Digital Acquisition Corp	0.01	$ 0.028 Millions	$ 2.134 Millions
Trailblazer Merger Corporation I	0.01	$ 0.064 Millions	$ 5.111 Millions
Four Leaf Acquisition Corporation	0.01	$ 0.028 Millions	$ 2.731 Millions
Bukit Jalil Global Acquisition 1 Ltd	0.01	$ 0.015 Millions	$ 1.668 Millions
Drugs Made In America Acquisition Corp	0.01	$ 0.001 Millions	$ 0.155 Millions
Alpha Partners Technology Merger Corp	0.01	$ 0.027 Millions	$ 3.152 Millions
Rigel Resource Acquisition Corp	0.01	$ 0.149 Millions	$ 17.886 Millions
Iris Acquisition Corp	0.01	$ 0.065 Millions	$ 8.681 Millions
Roth Ch Acquisition Co	0.01	$ 0.007 Millions	$ 0.927 Millions
Integrated Rail And Resources Acquisition Corp	0.01	$ 0.040 Millions	$ 6.897 Millions
Translational Development Acquisition Corp	0.01	$ 0.002 Millions	$ 0.349 Millions
Breeze Holdings Acquisition Corp	0.01	$ 0.102 Millions	$ 17.780 Millions
Cactus Acquisition Corp 1 Ltd	0.00	$ 0.008 Millions	$ 2.273 Millions
Kinetic Seas Inc.	0.00	$ 0.005 Millions	$ 1.934 Millions
Aquaron Acquisition Corp	0.00	$ 0.008 Millions	$ 3.119 Millions
Climaterock	0.00	$ 0.014 Millions	$ 5.768 Millions
Focus Impact Bh3 Acquisition Company	0.00	$ 0.020 Millions	$ 8.102 Millions
Inception Growth Acquisition Limited	0.00	$ 0.004 Millions	$ 2.086 Millions

Date modified: 2026-09-08T15:11:29+00:00

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