Iris Acquisition Corp

Iris Acquisition Corpverified

IRAA

Price:

$6.43

Market Cap:

$45.10M

Tribe Capital Growth Corp I does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company was incorporated in 2020 and is based in San Francisco, California.

Industry

Shell Companies

IPO Date

2021-05-26

Stock Exchange

OTC

Ticker

IRAA

The Current Ratio as of July 2025 (TTM) for Iris Acquisition Corp (IRAA) is 0.09

According to Iris Acquisition Corp’s latest financial reports and current stock price. The company's current Current Ratio is 0.09. This represents a change of -12.15% compared to the average of 0.11 of the last 4 quarters.

Iris Acquisition Corp (IRAA) Historical Current Ratio (quarterly & annually)

How has IRAA Current Ratio performed in the past?

The mean historical Current Ratio of Iris Acquisition Corp over the last ten years is 0.33. The current 0.09 Current Ratio has changed 2.78% with respect to the historical average. Over the past ten years (40 quarters), IRAA's Current Ratio was at its highest in in the November 2020 quarter at 22.72. The Current Ratio was at its lowest in in the December 2023 quarter at 0.04.

Quarterly (TTM)
Annual

Average

0.33

Median

0.10

Minimum

0.04

Maximum

1.09

Iris Acquisition Corp (IRAA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Iris Acquisition Corp Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 128.98%

Maximum Annual Current Ratio = 1.09

Minimum Annual Increase = -71.86%

Minimum Annual Current Ratio = 0.04

Quarterly (TTM)
Annual
YearCurrent RatioChange
20240.09128.98%
20230.04-59.29%
20220.10-67.15%
20210.31-71.86%

Iris Acquisition Corp (IRAA) Average Current Ratio

How has IRAA Current Ratio performed in the past?

The current Current Ratio of Iris Acquisition Corp (IRAA) is greater than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.08

5-year avg

0.33

10-year avg

0.33

Iris Acquisition Corp (IRAA) Current Ratio vs. Peers

How is IRAA’s Current Ratio compared to its peers?

Iris Acquisition Corp’s Current Ratio is less than Churchill Capital Corp IX Ordinary Shares (23.04), less than Chenghe Acquisition II Co. (2.27), greater than Globalink Investment Inc. (0.02), greater than Glow Holdings, Inc. (0.08), less than Hennessy Capital Investment Corp. VII (15.21), greater than Inception Growth Acquisition Limited (0.00), less than Israel Acquisitions Corp (1.32), less than New Providence Acquisition Corp. III Units (0.33), less than Trailblazer Merger Corporation I (0.14),

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