Current Assets

Total Current Assets

General Purpose Acquisition Corp. Total Current Assets decreased by 58.0% to $1.71M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 29.8%, from $2.44M to $1.71M. Over 4 years (FY 2021 to FY 2025), Total Current Assets shows an upward trend with a 41.2% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.

Analysis

StatementBalance Sheet Statement
SectionCurrent Assets
CategoryLiquidity
SignalHigher is better
VolatilityModerate
First reportedQ4 2021
Last reportedQ1 2026May 14, 2026

How to read this metric

Higher values generally indicate stronger short-term liquidity and ability to cover immediate obligations.

Detailed definition

This is the aggregate value of all assets that are reasonably expected to be converted into cash, sold, or consumed with...

Peer comparison

Standard metric across all sectors; essential for calculating the current ratio.

Metric ID: total_current_assets

Historical Data

14 periods
 Q4 '21Q4 '22Q1 '23Q2 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$1.03M$109.00K$209.00K$148.00K$2.70M$122.00K$405.00K$3.31M$2.14M$2.44M$3.69M$2.40M$4.08M$1.71M
QoQ Change-89.4%+91.7%-29.2%>999%-95.5%+232.0%+716.6%-35.4%+14.2%+51.1%-35.0%+70.1%-58.0%
YoY Change-89.4%>999%-41.6%+173.6%-20.9%>999%+810.7%-27.5%+90.8%-29.8%
Range$109.00K$4.08M
CAGR+17.2%
Avg YoY Growth+514.8%
Median YoY Growth+34.9%

Frequently Asked Questions

What is General Purpose Acquisition Corp. 's total current assets?
General Purpose Acquisition Corp. (GPAC) reported total current assets of $1.71M in Q1 2026.
How has General Purpose Acquisition Corp. 's total current assets changed year-over-year?
General Purpose Acquisition Corp. 's total current assets decreased by 29.8% year-over-year, from $2.44M to $1.71M.
What is the long-term trend for General Purpose Acquisition Corp. 's total current assets?
Over 4 years (2021 to 2025), General Purpose Acquisition Corp. 's total current assets has grown at a 41.2% compound annual growth rate (CAGR), from $1.03M to $4.08M.
What does total current assets mean?
The total value of all assets expected to be turned into cash within one year.