The current ratio has plummeted from 24.79 in 2025Q1 to a precarious 0.65 in 2026Q1, indicating a severe erosion of the company's ability to meet short-term obligations.
| Total Current Assets | 1.21M | 1.42M | 9 |
| 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 | 241.14M | 239.06M | 59 |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 707.32M | 0 | 0 |
| Other Non-Current Assets | - | - | - |
| Total Assets | 242.35M | 240.47M | 68 |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 3.4% | 99999900% | - |
| Total Current Liabilities | 1.85M | 1.11M | 61 |
| Accounts Payable | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 0 | 0 | 58 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | 1.85M | 0 | 0 |
| Current Ratio | 0.65x | 1.27x | 0.14x |
| Quick Ratio | 0.65x | 1.27x | 0.14x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 30.34M | 29.07M | 0 |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 32.19M | 30.19M | 61 |
| Total Debt | 0 | 0 | 58 |
| Net Debt | -1.12M | -1.33M | 58 |
| Debt / Equity | 0.00x | - | 9.08x |
| Debt / EBITDA | -0.00x | - | - |
| Net Debt / EBITDA | 0.12x | - | - |
| Interest Coverage | - | - | - |
| Total Equity | 210.16M | 210.29M | 6 |
| Equity Growth % | -4.68% | 99999900% | - |
| Book Value per Share | 9.14 | 10.98 | 0.00 |
| Total Shareholders' Equity | 210.16M | 210.29M | 6 |
| Common Stock | 241.14M | 239.04M | 0 |
| Retained Earnings | -30.99M | -28.75M | -19 |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
Capital depletion and liquidation
As reported in financial statements, LOKV's total assets have declined from $234.4 million in 2025Q1 to $242.3 million in 2026Q1, reflecting a structural contraction as the entity consumes its limited working capital to sustain operations while failing to secure a definitive merger agreement within the expected timeframe.
The downward trend in net assets suggests that the vehicle is becoming increasingly constrained by its own operating costs. Investors should monitor whether the sponsor can reverse this trajectory before the remaining capital is exhausted by administrative and legal overhead.
Based on LOKV's reported figures, the current ratio plummeted from 24.79 in 2025Q1 to a precarious 0.65 by 2026Q1, indicating that the company's ability to cover short-term obligations has deteriorated significantly as cash reserves dwindle relative to mounting liabilities.
A current ratio below 1.0 is a critical warning sign for a shell company, suggesting that the entity may soon lack the liquidity required to fund the due diligence processes necessary for a business combination. This liquidity crunch appears to limit management's flexibility in negotiating potential deals.
According to recent SEC filings, LOKV's retained earnings have worsened to a deficit of $31.0 million as of 2026Q1, highlighting the persistent erosion of shareholder equity through ongoing operational losses that are not offset by any revenue-generating activities or successful capital deployment.
The deepening deficit reflects the high cost of maintaining a public shell without a corresponding increase in asset value. This trend suggests that the equity base is being systematically depleted, which may necessitate future dilutive financing or a forced liquidation if a target is not identified promptly.
As indicated by the company's financial filings, the reported $1.1 million cash balance is likely overstated in terms of deployable capital, as it does not account for deferred underwriting commissions and potential redemption liabilities that could trigger a liquidity crisis upon any merger announcement.
The presence of significant liabilities relative to the cash position suggests that the headline liquidity figures may mask a much tighter financial reality. Analysts should be wary that the actual 'dry powder' available for deal-making is likely lower than the raw cash balance implies.
Quick answers to the most common questions about buying LOKV stock.
As of 2025, Live Oak Acquisition Corp. V Class A Ordinary Shares (LOKV) had total assets of $240.5M including $1.4M in current assets.
Live Oak Acquisition Corp. V Class A Ordinary Shares (LOKV) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Live Oak Acquisition Corp. V Class A Ordinary Shares (LOKV) has total shareholders' equity (book value) of $210.3M ($10.98 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Live Oak Acquisition Corp. V Class A Ordinary Shares (LOKV) reported a current ratio of 1.27x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.