The balance sheet reflects a critical liquidity shortage, with the current ratio collapsing to 0.33 as of 2026Q1 and cash reserves plummeting to just $4.2K.
| Total Current Assets | 20.28K | 20.42K | 0 |
| Cash & Short-Term Investments | - | - | - |
| Cash Only | - | - | - |
| Short-Term Investments | - | - | - |
| Accounts Receivable | - | - | - |
| Days Sales Outstanding | - | - | - |
| Inventory | - | - | - |
| Days Inventory Outstanding | - | - | - |
| Other Current Assets | -138.71K | -138.52K | 0 |
| Total Non-Current Assets | 22.9M | 22.87M | 436 |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 402.38M | 177.97M | 0 |
| Other Non-Current Assets | - | - | - |
| Total Assets | 22.92M | 22.89M | 436 |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 0% | - | - |
| Total Current Liabilities | 61.16K | 237.03K | 480 |
| Accounts Payable | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 18.7K | 18.84K | 73 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | -290.44K | 127.77K | 0 |
| Current Ratio | 0.33x | 0.09x | - |
| Quick Ratio | 0.33x | 0.09x | - |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 660.06K | 5.17M | 0 |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 721.22K | 5.41M | 480 |
| Total Debt | 18.7K | 18.84K | 73 |
| Net Debt | 14.46K | -48.73K | 73 |
| Debt / Equity | 0.00x | - | - |
| Debt / EBITDA | -0.22x | - | 163.90x |
| Net Debt / EBITDA | -0.17x | - | 163.90x |
| Interest Coverage | - | - | - |
| Total Equity | 22.2M | -5.22M | -44 |
| Equity Growth % | 0% | - | - |
| Book Value per Share | 1.29 | -0.45 | -0.01 |
| Total Shareholders' Equity | 22.2M | -5.22M | -44 |
| Common Stock | 22.9M | 22.87M | 0 |
| Retained Earnings | -700.07K | -671.13K | -69 |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
Imminent Liquidity Exhaustion
As reported in recent financial filings, Copley Acquisition Corp has seen its cash reserves plummet from $160.5K in 2025Q2 to a mere $4.2K by 2026Q1, signaling a severe and accelerating deterioration of the company's financial position as it struggles to maintain its status as a viable shell.
The trajectory of the balance sheet suggests that the entity is rapidly consuming its limited resources to cover administrative and regulatory overhead. This trend indicates that the company's ability to sustain its search for a target acquisition is nearing a critical breaking point.
Based on the 2026Q1 balance sheet, the company's current ratio has collapsed to 0.33, which, according to reported figures, highlights a profound inability to meet short-term obligations without immediate and substantial capital intervention from the sponsor or external financing sources.
A current ratio significantly below 1.0 is highly concerning for a shell company that relies entirely on cash to fund its operations. Investors should monitor whether the sponsor provides additional liquidity, as the current cash buffer is insufficient to support ongoing compliance and professional service requirements.
As indicated by the company's quarterly reports, retained earnings have deteriorated to a deficit of $700.1K as of 2026Q1, reflecting the persistent accumulation of non-operating costs that continue to erode the shareholder equity base in the absence of any revenue-generating activities.
The negative trend in retained earnings underscores the lack of operational value creation since the company's inception. This erosion of equity suggests that the vehicle is becoming increasingly reliant on external capital to maintain its listing, which may lead to significant dilution for existing shareholders.
According to the provided financial data, the company's asset base of $22.9M is largely disconnected from its $4.2K cash position, suggesting that the headline asset figure may be heavily distorted by accounting treatments that do not reflect actual, deployable liquidity for a potential business combination.
The massive discrepancy between total assets and available cash warrants further investigation into the nature of these assets. It appears that the headline balance sheet may be masking the reality of the company's precarious financial state, potentially misleading investors regarding the true resources available for an acquisition.
Quick answers to the most common questions about buying COPL stock.
As of 2025, Copley Acquisition Corp (COPL) had total assets of $22.9M including $0.0M in current assets.
Copley Acquisition Corp (COPL) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Copley Acquisition Corp (COPL) has total shareholders' equity (book value) of $-5.2M ($-0.45 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Copley Acquisition Corp (COPL) reported a current ratio of 0.09x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.