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.
Range Capital Acquisition Corp. (RANG) balance sheet — 2-year assets, liabilities & shareholders' equity history
| Metric | TTM | Dec'25 | Dec'24 |
|---|
| Cash & Short Term Investments | 738.6K | 313.32K | 881.85K |
| Cash & Due from Banks | 1.86K | 313.32K | 881.85K |
| Short Term Investments | 0 | 0 | 0 |
| Total Investments | 23.14M | 120.51M | 0 |
| Investments Growth % | 23.82% | - | - |
| Long-Term Investments | 265.23M | 120.51M | 0 |
| Accounts Receivables | 0 | 0 | 0 |
| Goodwill & Intangibles | 0 | 0 | 0 |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| PP&E (Net) | 0 | 0 | 0 |
| Other Assets | 0 | 0 | 100.7M |
| Total Current Assets | 100.36K | 417.32K | 1.01M |
| Total Non-Current Assets | 23.14M | 120.51M | 100.7M |
| Total Assets | 23.24M | 120.93M | 101.71M |
| Asset Growth % | 7059.32% | 18.9% | - |
| Return on Assets (ROA) | 3.8% | 3.63% | -0% |
| Accounts Payable | 0 | 131.62K | 41.12K |
| Total Debt | 172K | 0 | 0 |
| Net Debt | 170.14K | -313.32K | -881.85K |
| Long-Term Debt | 0 | 0 | 0 |
| Short-Term Debt | 172K | 0 | 0 |
| Other Liabilities | 0 | 0 | 0 |
| Total Current Liabilities | 435.98K | 206.62K | 264.09K |
| Total Non-Current Liabilities | 0 | 0 | 0 |
| Total Liabilities | 435.98K | 206.62K | 264.09K |
| Total Equity | 22.81M | 210.69K | 101.44M |
| Equity Growth % | 7414.95% | -99.79% | - |
| Equity / Assets (Capital Ratio) | 98.12% | 0.17% | 99.74% |
| Return on Equity (ROE) | 10.28% | 7.94% | -0% |
| Book Value per Share | 1983.27 | 0.02 | 7.00 |
| Tangible BV per Share | 1983.27 | 0.02 | 7.00 |
| Common Stock | 23.14M | 241.44M | 100.6M |
| Additional Paid-in Capital | 0 | 0 | 885.56K |
| Retained Earnings | -336.08K | 210.24K | -39.47K |
| Accumulated OCI | 0 | 0 | 0 |
| Treasury Stock | 0 | 0 | 0 |
| Preferred Stock | 0 | 0 | 0 |
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.
Range Capital Acquisition Corp. (RANG) reported a current ratio of 2.02x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.
Key Metrics
Top Statement Risk
Liquidation and deal failure
Metrics are mathematically derived from official filings.
Rapid Erosion of Capital Base
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.
Critical Depletion of Operating Runway
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.
Negative Equity Reflects Structural Strain
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.
Misleading Asset Valuation and Risk
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.