Liquidity remains severely constrained with a current ratio of 0.27 as of 2026Q1, reflecting a precarious capital structure that relies on $800.0K in total debt to sustain operations.
| Total Current Assets | 487.16K | 361.48K | 958 |
| 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 | 121.82M | 120.75M | 115.93K |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 118.36M | 0 | 115.93K |
| Other Non-Current Assets | - | - | - |
| Total Assets | 122.3M | 121.12M | 116.88K |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 21073.06% | 103520.49% | - |
| Total Current Liabilities | 1.78M | 1.41M | 789 |
| Accounts Payable | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 800K | 500K | 500 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | 131.68K | 131.68K | 217 |
| Current Ratio | 0.27x | 0.26x | 1.21x |
| Quick Ratio | 0.27x | 0.26x | 1.21x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 0 | 0 | 115.69K |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 1.78M | 1.41M | 116.47K |
| Total Debt | 800K | 500K | 500 |
| Net Debt | 455.97K | 270.38K | -413 |
| Debt / Equity | 0.01x | 0.00x | 1.22x |
| Debt / EBITDA | -0.66x | - | - |
| Net Debt / EBITDA | -0.37x | - | - |
| Interest Coverage | - | - | - |
| Total Equity | 120.52M | 119.7M | 410 |
| Equity Growth % | 67005.8% | 29219693.14% | - |
| Book Value per Share | 10.48 | 10.41 | 0.00 |
| Total Shareholders' Equity | 120.52M | 119.7M | 410 |
| Common Stock | 121.82M | 120.75M | 115.69M |
| Retained Earnings | -1.29M | -1.05M | 80 |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
Impending liquidity and redemption risk
As reported in recent financial filings, TAVI's cash reserves have dwindled to $229,625 as of 2025Q4, signaling a precarious trajectory where the company's ability to sustain administrative overhead and search activities is increasingly compromised by the absence of any revenue-generating operations or successful business combination.
The consistent decline in cash balances over the last several quarters suggests that the company is rapidly approaching a point of operational exhaustion. Investors should monitor whether the current trajectory necessitates further sponsor-led capital injections, as the existing balance sheet lacks the depth to support prolonged search efforts.
Based on the 2025Q4 reported figures, TAVI maintains a current ratio of 0.26, which highlights a significant liquidity mismatch that leaves the entity with minimal buffer to address unexpected costs or redemption pressures before a potential merger is finalized.
A current ratio well below unity indicates that current liabilities are significantly outpacing available liquid assets. This structural weakness implies that the company is highly dependent on external support or a rapid transaction close to avoid a liquidity crisis.
According to the company's balance sheet data, retained earnings have remained consistently negative, reaching -$1.1M in 2025Q4, which underscores the erosion of shareholder value through persistent operational losses and the lack of any underlying business performance to offset administrative expenditures.
The accumulation of negative retained earnings suggests that the equity base is being consumed by the costs of maintaining a public listing without the benefit of operational growth. This trend warrants investigation into whether the sponsor's promote structure will lead to further dilution for public shareholders.
As indicated by the financial records, the company's balance sheet is potentially distorted by warrant liability accounting, which creates non-cash volatility that masks the underlying reality of a shell entity with limited resources and no clear path to operational profitability.
The reliance on non-operating accounting adjustments to influence the balance sheet may mislead investors regarding the true financial health of the firm. Analysts should focus on the cash position rather than equity fluctuations, as the latter is heavily influenced by instruments that do not reflect the company's ability to fund a merger.
Quick answers to the most common questions about buying TAVI stock.
As of 2025, Tavia Acquisition Corp. (TAVI) had total assets of $121.1M including $0.4M in current assets.
Tavia Acquisition Corp. (TAVI) carries total debt of $0.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Tavia Acquisition Corp. (TAVI) has total shareholders' equity (book value) of $119.7M ($10.41 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Tavia Acquisition Corp. (TAVI) reported a current ratio of 0.26x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.