Liquidity is under significant pressure, as evidenced by a current ratio that has deteriorated to 0.27 as of 2026Q1, indicating a mismatch between current assets and short-term liabilities.
| 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 |
Binary deal execution risk
As reported in recent financial statements, TAVIR's cash reserves have fluctuated significantly, dropping from $913.7K in 2024Q4 to $344.0K by 2026Q1, which suggests a tightening operational runway that may constrain the sponsor's ability to conduct thorough due diligence on potential acquisition targets in the energy sector.
The downward trend in liquid assets relative to the persistent administrative burn rate indicates a weakening balance sheet trajectory. This pattern suggests that the company is increasingly reliant on external capital or a rapid merger to avoid further depletion of its limited resources.
Based on the company's reported figures, the current ratio has deteriorated from 1.21 in 2024Q4 to a precarious 0.27 as of 2026Q1, reflecting a significant mismatch between current assets and the short-term liabilities required to maintain the entity's public listing and ongoing search activities.
A current ratio well below unity implies that TAVIR lacks the necessary short-term liquidity to comfortably cover its obligations without relying on future financing. Investors should monitor this metric closely, as it may indicate an urgent need for capital infusion to sustain the search process.
According to historical filings, TAVIR maintains a debt-to-equity ratio of 0.01 as of 2026Q1, which, while numerically low, masks the underlying risk that the company's ability to service even modest debt levels is entirely dependent on the successful completion of a future business combination.
The reliance on debt to fund administrative overhead in the absence of revenue suggests that the company is operating on a thin margin of safety. This structure appears to prioritize survival over operational efficiency, leaving little room for error in the target selection process.
As indicated by the balance sheet data, the absence of tangible assets or revenue-generating operations means that the $122.3M in total assets reported in 2026Q1 is likely comprised of restricted trust funds, which are not available for the company's day-to-day operational or search-related expenses.
This structural reality creates a misleading impression of financial health, as the headline asset figure does not reflect the actual cash available for management to deploy. The disconnect between restricted trust capital and operational liquidity warrants further investigation into the company's true working capital position.
Quick answers to the most common questions about buying TAVIR stock.
As of 2025, Tavia Acquisition Corp. (TAVIR) had total assets of $121.1M including $0.4M in current assets.
Tavia Acquisition Corp. (TAVIR) carries total debt of $0.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Tavia Acquisition Corp. (TAVIR) 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. (TAVIR) 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.