Current Liabilities

Short-Term Borrowings

General Purpose Acquisition Corp. Short-Term Borrowings decreased by 49.4% to $103.85K in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 98.4%, from $6.33M to $103.85K. Over 2 years (FY 2023 to FY 2025), Short-Term Borrowings shows an upward trend with a 67.8% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryLiquidity
SignalLower is better
VolatilityModerate
First reportedQ4 2023
Last reportedQ1 2026May 14, 2026

How to read this metric

Lower levels generally indicate a healthier balance sheet and less reliance on short-term credit markets.

Detailed definition

Short-term borrowings consist of debt obligations and credit facilities that are due for repayment within one year. This...

Peer comparison

Varies by industry; peers with high cash flow stability can manage higher short-term debt levels than those with volatile cash flows.

Metric ID: short_term_borrowings

Historical Data

7 periods
 Q4 '23Q3 '24Q4 '24Q1 '25Q3 '25Q4 '25Q1 '26
Value$72.97K$383.80K$10.01M$6.33M$304.67K$205.40K$103.85K
QoQ Change+426.0%>999%-36.7%-95.2%-32.6%-49.4%
YoY Change>999%-20.6%-97.9%-98.4%
Range$72.97K$10.01M
CAGR+26.5%
Avg YoY Growth>999%
Median YoY Growth-59.3%
Current Streak4 quarters decline

Frequently Asked Questions

What is General Purpose Acquisition Corp. 's short-term borrowings?
General Purpose Acquisition Corp. (GPAC) reported short-term borrowings of $103.85K in Q1 2026.
How has General Purpose Acquisition Corp. 's short-term borrowings changed year-over-year?
General Purpose Acquisition Corp. 's short-term borrowings decreased by 98.4% year-over-year, from $6.33M to $103.85K.
What is the long-term trend for General Purpose Acquisition Corp. 's short-term borrowings?
Over 2 years (2023 to 2025), General Purpose Acquisition Corp. 's short-term borrowings has grown at a 67.8% compound annual growth rate (CAGR), from $72.97K to $205.40K.
What does short-term borrowings mean?
Debt that must be paid back within the next twelve months.