Liquidity has deteriorated significantly, with the current ratio falling to 0.04 as of 2026Q1 while total debt rose to $142,900, signaling heightened funding stress.
| Total Current Assets | 12.06K | 13.29K | 457 |
| Cash & Short-Term Investments | - | - | - |
| Cash Only | - | - | - |
| Short-Term Investments | - | - | - |
| Accounts Receivable | - | - | - |
| Days Sales Outstanding | - | - | - |
| Inventory | - | - | - |
| Days Inventory Outstanding | - | - | - |
| Other Current Assets | 0 | 0 | 0 |
| Total Non-Current Assets | 90.23M | 89.44M | 85.87K |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 355.94M | 89.44M | 85.87M |
| Other Non-Current Assets | - | - | - |
| Total Assets | 90.24M | 89.46M | 86.33K |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 103305296.64% | 103527.9% | - |
| Total Current Liabilities | 283.88K | 198.51K | 49.63K |
| Accounts Payable | 0 | 33.88K | 36 |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 142.88K | 100.88K | 0 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | 141K | 0 | 49.58K |
| Current Ratio | 0.04x | 0.07x | 0.01x |
| Quick Ratio | 0.04x | 0.07x | 0.01x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 1.7M | 1.7M | 1.7M |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 1.98M | 1.9M | 1.75M |
| Total Debt | 142.88K | 100.88K | 0 |
| Net Debt | 138.28K | 95.75K | -447 |
| Debt / Equity | 0.00x | 0.00x | - |
| Debt / EBITDA | -0.28x | - | - |
| Net Debt / EBITDA | -0.27x | - | -482.20x |
| Interest Coverage | - | - | - |
| Total Equity | 88.26M | 87.56M | -1.29K |
| Equity Growth % | 178589986.58% | 6777136.84% | - |
| Book Value per Share | 8.05 | 10.30 | -0.00 |
| Total Shareholders' Equity | 88.26M | 87.56M | -1.29K |
| Common Stock | 90.23M | 89.44M | 85.87K |
| Retained Earnings | -1.97M | -1.89M | -1.29M |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | -85.87K |
| Minority Interest | 0 | 0 | 0 |
Liquidity and Merger Failure
As reported in financial statements, CHARR's total assets surged to $90.2M by 2026Q1, yet this expansion masks a critical deterioration in liquidity, as the company's cash reserves dwindled to a nominal $4.6K, signaling a widening disconnect between reported asset value and the entity's actual operational viability.
The rapid increase in total assets appears to be a function of accounting adjustments rather than organic growth, as the company remains a non-operational shell. Investors should monitor whether this asset inflation is sustainable or if it represents a precursor to significant impairment risks should a merger fail to materialize.
Based on recent SEC filings, CHARR's current ratio has collapsed to a precarious 0.04 as of 2026Q1, reflecting an extreme inability to cover short-term obligations with existing cash, which has plummeted from $186.2K in 2025Q1 to a negligible $4.6K in the most recent reporting period.
This liquidity profile suggests that the company is effectively reliant on external sponsor support to maintain its regulatory standing. The lack of a sufficient cash buffer implies that any delay in the acquisition timeline could force the entity into a distressed financing scenario or liquidation.
According to the company's balance sheet data, CHARR transitioned from a debt-free status in 2025Q2 to carrying $142.9K in total debt by 2026Q1, indicating that the entity has begun to rely on external borrowing to sustain its administrative operations in the absence of internal cash generation.
While the absolute debt level remains low, the shift toward debt financing in a shell entity warrants caution, as it suggests that internal capital is exhausted. This reliance on debt may complicate future merger negotiations by introducing additional liabilities that must be settled or restructured prior to closing.
As indicated by the provided financial data, the discrepancy between the $90.2M in total assets and the near-zero cash balance suggests that the company's balance sheet is heavily reliant on non-cash, potentially illiquid assets that offer no immediate utility for funding the entity's ongoing operational requirements.
The reliance on non-cash assets to inflate the balance sheet may mislead stakeholders regarding the company's true financial health. Analysts should investigate the composition of these assets, as they likely lack the liquidity required to support the complex due diligence and legal costs inherent in a de-SPAC transaction.
Quick answers to the most common questions about buying CHARR stock.
As of 2025, Charlton Aria Acquisition Corporation (CHARR) had total assets of $89.5M including $0.0M in current assets.
Charlton Aria Acquisition Corporation (CHARR) carries total debt of $0.1M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Charlton Aria Acquisition Corporation (CHARR) has total shareholders' equity (book value) of $87.6M ($10.30 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Charlton Aria Acquisition Corporation (CHARR) reported a current ratio of 0.07x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.