The firm's financial position has deteriorated to a negative equity balance of -$2.3K as of 2026Q1, reflecting the total erosion of initial capital reserves.
| Total Current Assets | 153.07K | 417.32K | 1.01M |
| Cash & Short-Term Investments | - | - | - |
| Cash Only | - | - | - |
| Short-Term Investments | - | - | - |
| Accounts Receivable | - | - | - |
| Days Sales Outstanding | - | - | - |
| Inventory | - | - | - |
| Days Inventory Outstanding | - | - | - |
| Other Current Assets | 148.68K | 104K | 0 |
| Total Non-Current Assets | 121.58M | 120.51M | 100.7M |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 242.09M | 120.51M | 0 |
| Other Non-Current Assets | - | - | - |
| Total Assets | 121.73M | 120.93M | 101.71M |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 7139.76% | 18.9% | - |
| Total Current Liabilities | 0 | 0 | 264.09K |
| Accounts Payable | 0 | 0 | 41.12K |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | 0 | 0 | 147.97K |
| Current Ratio | - | - | 3.83x |
| Quick Ratio | - | - | 3.83x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 155.35K | 206.62K | 264.09K |
| Total Debt | 0 | 0 | 0 |
| Net Debt | -4.39K | -313.32K | -881.85K |
| Debt / Equity | -0.00x | - | - |
| Debt / EBITDA | -0.00x | - | - |
| Net Debt / EBITDA | 0.01x | - | - |
| Interest Coverage | - | - | - |
| Total Equity | -2.29K | 210.69K | 101.44M |
| Equity Growth % | 7495.72% | -99.79% | - |
| Book Value per Share | -0.00 | 0.02 | 7.00 |
| Total Shareholders' Equity | -2.29K | 210.69K | 101.44M |
| Common Stock | 243.31M | 241.44M | 100.6M |
| Retained Earnings | -2.74K | 210.24K | -39.47K |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
Liquidation and deal failure
As reported in financial statements, RANG's cash position plummeted from $881.9K in 2024Q4 to a mere $4.4K by 2026Q1, signaling a severe contraction in the company's ability to sustain its search for a target entity without immediate external capital intervention or a successful business combination.
The consistent decline in cash reserves suggests that the company's operational runway is nearing exhaustion. This trajectory implies that management may soon face a binary outcome where they must either secure a merger or risk total liquidation of the shell entity.
Based on RANG's reported figures, the current liquidity position has deteriorated significantly, with cash reserves falling to $4.4K in 2026Q1, which appears insufficient to cover the ongoing administrative and legal costs required to maintain the company's public listing and search for a suitable acquisition target.
The lack of a meaningful current ratio in the most recent period highlights the company's inability to meet short-term obligations without further capital infusions. Investors should monitor whether the sponsor provides additional funding, as the current liquidity buffer is effectively non-existent.
According to recent SEC filings, RANG's equity position turned negative at -$2.3K in 2026Q1, a stark reversal from the $210.7K reported in 2025Q4, which suggests that accumulated losses have now fully eroded the initial capital contributions provided by shareholders and sponsors during the company's formation.
This negative equity position may indicate that the company is technically insolvent, relying entirely on the hope of a future transaction to restore value. Such a trend warrants extreme caution, as it suggests that the shell's underlying value is being consumed by the very costs intended to facilitate a deal.
As indicated by the company's historical financial statements, the reported total assets of $121.7M in 2026Q1 are heavily skewed by restricted trust funds, masking the reality that the firm's actual working capital is nearly depleted and its ability to operate independently is severely compromised.
The headline asset figure provides a false sense of security, as these funds are largely inaccessible for general corporate purposes. Analysts should focus on the cash available for operations rather than the total asset balance, as the latter does not reflect the firm's immediate solvency risk.
Quick answers to the most common questions about buying RANG stock.
As of 2025, Range Capital Acquisition Corp. (RANG) had total assets of $120.9M including $0.4M in current assets.
Range Capital Acquisition Corp. (RANG) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Range Capital Acquisition Corp. (RANG) has total shareholders' equity (book value) of $0.2M ($0.02 book value per share). Book value represents the net worth of the company belonging to common stock holders.