What is Iris Acquisition 's cash ratio?

Iris Acquisition (IRAB) reported cash ratio of 2.7× in Q1 2026.

What does cash ratio mean?

Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.

Iris Acquisition IRAB Cash ratio

Cash ratio at other companies

ADA

American Drive Acquisition Company ADAC

1×—

BDC

BTC Development Corp. BDCI

11.6×—

HVI

Hennessy Capital Investment Corp. VII Ordinary SharesHVII

3.1×-10.9×

ORI

Origin Investment Corp I Ordinary SharesORIQ

7.7×—

Other financials

Income statement

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Operating income-$144.1K—

Net income$773.9K—

Balance sheet

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Cash & equivalents$854.8K—

Total debt$84.6K—

Total equity-$6.4M—

Total assets$170.4M—

Cash flow

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Operating cash flow-$9.8K—

Valuation

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Market cap$227.44M+0.2%

Enterprise value$226.67M—

Returns & leverage

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Debt / equity-0×—

Current ratio2.9×—

Where this comes from

Calculated from Iris Acquisition ’s reported figures.

cash and equivalents/total current liabilities=2.7×

Based on the most recent quarter.

The official record: Iris Acquisition ’s 10-Q, filed May 14, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Iris Acquisition 's cash ratio?: Iris Acquisition (IRAB) reported cash ratio of 2.7× in Q1 2026.
What does cash ratio mean?: Cash and equivalents divided by current liabilities at the quarter end. The most conservative liquidity measure — what the company could pay immediately with cash on hand.