The balance sheet reflects severe instability, evidenced by a current ratio that collapsed to 0.08 as of 2026Q1, leaving virtually no buffer for ongoing regulatory compliance.
| Total Current Assets | 73.86K | 95.64K | 451.61K | 2.97K | 2.66K |
| Cash & Short-Term Investments | - | - | - | - | - |
| Cash Only | - | - | - | - | - |
| Short-Term Investments | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - |
| Days Sales Outstanding | - | - | - | - | - |
| Inventory | - | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - | - |
| Other Current Assets | -18.26M | -17.88M | 0 | 0 | 0 |
| Total Non-Current Assets | 18.26M | 17.88M | 70.46M | 0 | 0 |
| Property, Plant & Equipment | 0 | 0 | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - | - | - |
| Goodwill | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 71.94M | 0 | 70.46M | 0 | 0 |
| Other Non-Current Assets | - | - | - | - | - |
| Total Assets | 18.33M | 17.97M | 70.91M | 2.97K | 2.66K |
| Asset Turnover | 0.00x | - | - | - | - |
| Asset Growth % | 31523.43% | -74.65% | 2387371.31% | 11.61% | - |
| Total Current Liabilities | 928.41K | 456.89K | 111.89K | 8.76K | 4.23K |
| Accounts Payable | 0 | 0 | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - | - | - |
| Short-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 0.08x | 0.21x | 4.04x | 0.34x | 0.63x |
| Quick Ratio | 0.08x | 0.21x | 4.04x | 0.34x | 0.63x |
| Cash Conversion Cycle | - | - | - | - | - |
| Total Non-Current Liabilities | 690K | 690K | 690K | 0 | 0 |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - | - | - |
| Deferred Tax Liabilities | 0 | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - | - |
| Total Liabilities | 1.62M | 1.15M | 801.89K | 8.76K | 4.23K |
| Total Debt | 0 | 0 | 0 | 0 | 0 |
| Net Debt | -1.66K | -461 | -411.43K | 0 | 0 |
| Debt / Equity | 0.00x | - | - | - | - |
| Debt / EBITDA | -0.00x | - | - | - | - |
| Net Debt / EBITDA | 0.00x | - | -0.34x | - | - |
| Interest Coverage | - | - | - | - | - |
| Total Equity | 16.71M | 16.83M | 70.11M | -5.79K | -1.56K |
| Equity Growth % | 122064.45% | -76% | 1211749% | -269.71% | - |
| Book Value per Share | 10.11 | 2.68 | 7.88 | -0.00 | -0.00 |
| Total Shareholders' Equity | 16.71M | 16.83M | 70.11M | -5.79K | -1.56K |
| Common Stock | 18.26M | 17.88M | 70.46M | 173 | 173 |
| Retained Earnings | -1.54M | -1.05M | -350.48K | -5.79K | -1.56K |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
Imminent Liquidation Risk
As reported in financial statements, total assets plummeted from $72.7 million in 2025Q3 to $18.3 million by 2026Q1, reflecting a rapid contraction that suggests the entity is struggling to maintain its trust capital while facing mounting pressure to finalize a business combination or face liquidation.
The sharp decline in total assets over the last two quarters indicates that the company is likely experiencing significant shareholder redemptions. This trend suggests that the entity's ability to attract or retain capital is failing, which severely limits its capacity to execute a meaningful acquisition.
According to recent SEC filings, the current ratio has collapsed to a precarious 0.08 as of 2026Q1, highlighting an extreme liquidity deficit that leaves the company with virtually no buffer to cover ongoing administrative expenses or regulatory compliance costs without immediate and substantial sponsor intervention.
The current ratio's descent from 4.04 in 2024Q4 to near-zero levels implies that the company is effectively insolvent on a working capital basis. Investors should monitor whether the sponsor is willing to provide further capital, as the current balance sheet appears unable to support continued operations.
Based on DTSQU's reported figures, equity has been significantly impacted by persistent losses, with retained earnings falling to -$1.5 million in 2026Q1, a trend that underscores the erosion of shareholder value as the entity consumes its limited resources during an extended and unproductive search period.
The negative trajectory in retained earnings confirms that the company is consistently losing value rather than preserving it for a future transaction. This persistent deficit suggests that the equity base is being hollowed out, which may complicate any potential merger negotiations or future capital raises.
As indicated by the company's historical financial filings, the headline asset figure of $18.3 million is potentially misleading because it likely consists of restricted trust funds that are unavailable for general corporate use, leaving the entity with a reported cash balance of only $461 for operations.
The massive discrepancy between total assets and available operating cash suggests that the company is functionally paralyzed. This structural distortion warrants further investigation, as the headline numbers provide a false sense of security regarding the entity's ability to sustain its search for a target.
Quick answers to the most common questions about buying DTSQU stock.
As of 2025, DT Cloud Star Acquisition Corporation (DTSQU) had total assets of $18.0M including $0.1M in current assets.
DT Cloud Star Acquisition Corporation (DTSQU) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
DT Cloud Star Acquisition Corporation (DTSQU) has total shareholders' equity (book value) of $16.8M ($2.68 book value per share). Book value represents the net worth of the company belonging to common stock holders.
DT Cloud Star Acquisition Corporation (DTSQU) reported a current ratio of 0.21x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.