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COLAColumbus Acquisition Corp
$10.65$85M
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  4. Financial Ratios

Columbus Acquisition Corp (COLA) Financial Ratios

Latest Ratios: P/E Ratio 62.6x · EV/EBITDA N/A · ROE 2021.5%. (2006–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

COLA Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Market Cap$85M$58M————
Enterprise Value$84M$58M————
P/E Ratio →62.6561.11————
P/S Ratio——————
P/B Ratio333.06324.87————
P/FCF——————
P/OCF——————

P/E links to full P/E history page with 30-year chart

COLA EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
EV / Revenue——————
EV / EBITDA——————
EV / EBIT——————
EV / FCF——————

COLA Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Gross Margin———100.0%100.0%—
Operating Margin———-8.9%87.4%—
Net Profit Margin———-16.4%45.6%—

Return on Capital

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
ROE2021.5%2021.5%-0.2%-0.5%4.0%-6.2%
ROA4.1%4.1%-0.1%-0.3%2.7%-0.4%
ROIC-376.7%-376.7%-0.1%-0.2%5.7%-0.6%
ROCE-3.0%-3.0%-0.1%-0.2%5.4%-6.2%

COLA Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Debt / Equity—————6.37
Debt / EBITDA——————
Net Debt / Equity—-2.70—-0.00-0.004.54
Net Debt / EBITDA————-0.03—
Debt / FCF——————
Interest Coverage——————

Net cash position: cash ($483756) exceeds total debt ($0)

COLA Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Current Ratio1.581.58—22.0322.670.12
Quick Ratio1.581.58—22.0322.670.12
Cash Ratio1.561.56—0.000.020.12
Asset Turnover———0.020.03—
Inventory Turnover——————
Days Sales Outstanding——————

COLA Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Dividend Yield——————
Payout Ratio——————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2008FY 2007FY 2006
Earnings Yield1.6%1.6%————
FCF Yield——————
Buyback Yield0.0%0.0%————
Total Shareholder Yield0.0%0.0%————
Shares Outstanding—$6M$8M$8M$5M$7M

Key Metrics

Growth RegimeContracting
ProfitabilityNegative
Balance SheetVulnerable
Cash FlowBurning
Top Statement Risk

Imminent capital exhaustion risk

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Speculative Premium Amidst Capital Erosion

According to recent financial data, COLA trades at a P/B ratio of 333.06, which appears disconnected from its underlying asset base as the company struggles to maintain its listing status while searching for a viable merger target in a highly constrained liquidity environment.

The extreme P/B multiple suggests that the market is pricing the entity as a pure option on a future deal rather than a fundamental business. Investors should monitor whether this valuation premium can be sustained as the company's cash reserves continue to dwindle toward zero.

Liquidity Buffer Nearing Critical Threshold

Based on the 2026Q1 balance sheet, the current ratio has deteriorated to 0.49, a significant decline from the 1.58 reported in 2025Q4, which indicates that the company's liquid assets are no longer sufficient to cover its immediate short-term liabilities as the search phase continues.

This rapid decline in the current ratio highlights the precarious nature of the company's financial position. The inability to cover short-term obligations suggests that the entity may face significant difficulty in funding the due diligence and transaction costs necessary to complete a business combination.

Negative Returns Reflect Structural Impairment

As reported in recent financial statements, COLA's ROIC has trended into negative territory, reaching -79.9% in 2025Q4, which underscores the entity's inability to generate productive returns on its capital while it remains in a pre-revenue, shell-company state.

The negative ROIC is a direct consequence of the company's administrative burn rate exceeding its limited interest income. This trend warrants further investigation, as it confirms that the capital provided by shareholders is being consumed by overhead rather than being deployed into value-accretive assets.

Misapplication of Traditional Profitability Metrics

As indicated by historical filings, the use of P/E ratios to evaluate COLA is fundamentally flawed, as the company's reported net income is driven by non-operating accounting adjustments rather than operational earning power, obscuring the reality of its ongoing cash burn.

Analysts should instead focus on the 'cash runway' and the sponsor's willingness to provide additional capital. Relying on P/E multiples for a pre-revenue shell company provides a false sense of valuation stability that ignores the imminent risk of liquidation.

Download Financial Ratios Data

Includes 30+ ratios · 5 years · Updated daily

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COLA — Frequently Asked Questions

Quick answers to the most common questions about buying COLA stock.

What is Columbus Acquisition Corp's P/E ratio?

Columbus Acquisition Corp's current P/E ratio is 62.6x. The historical average is 61.1x. This places it at the 100th percentile of its historical range.

What is Columbus Acquisition Corp's ROE?

Columbus Acquisition Corp's return on equity (ROE) is 2021.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -0.7%.

Is COLA stock overvalued?

Based on historical data, Columbus Acquisition Corp is trading at a P/E of 62.6x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.