The company maintains a debt-free capital structure, yet the cash position has eroded to $561.2K, leaving the firm with an accumulated deficit of $3.8M in retained earnings.
| Total Current Assets | 720.65K | 454.78K | 1.5M |
| 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 | 131.29M | 132.58M | 127.25M |
| Property, Plant & Equipment | 0 | 0 | 0 |
| Fixed Asset Turnover | - | - | - |
| Goodwill | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 |
| Long-Term Investments | 386.97M | 132.58M | 127.16M |
| Other Non-Current Assets | - | - | - |
| Total Assets | 132.01M | 133.04M | 128.75M |
| Asset Turnover | 0.00x | - | - |
| Asset Growth % | 258040.16% | 3.33% | - |
| Total Current Liabilities | 94.67K | 923.16K | 76.77K |
| Accounts Payable | 0 | 0 | 0 |
| Days Payables Outstanding | - | - | - |
| Short-Term Debt | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | - | - |
| Other Current Liabilities | 94.67K | 923.16K | 0 |
| Current Ratio | 7.61x | 0.49x | 19.55x |
| Quick Ratio | 7.61x | 0.49x | 19.55x |
| Cash Conversion Cycle | - | - | - |
| Total Non-Current Liabilities | 4.43M | 4.43M | 4.43M |
| Long-Term Debt | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | - | - |
| Deferred Tax Liabilities | 0 | - | - |
| Other Non-Current Liabilities | - | - | - |
| Total Liabilities | 4.52M | 5.35M | 4.5M |
| Total Debt | 0 | 0 | 0 |
| Net Debt | -561.17K | -322.83K | -1.37M |
| Debt / Equity | 0.00x | - | - |
| Debt / EBITDA | -0.00x | - | - |
| Net Debt / EBITDA | 0.91x | - | - |
| Interest Coverage | - | - | - |
| Total Equity | 127.49M | 127.69M | 124.25M |
| Equity Growth % | 703535.8% | 2.77% | - |
| Book Value per Share | 10.08 | 10.09 | 7.19 |
| Total Shareholders' Equity | 127.49M | 127.69M | 124.25M |
| Common Stock | 131.28M | 132.58M | 127.16M |
| Retained Earnings | -3.79M | -4.9M | -2.91M |
| Treasury Stock | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 |
Binary acquisition failure risk
As reported in recent financial statements, WLAC's cash position has declined from $1.4M in 2024Q4 to $561.2K in 2025Q3, signaling a tightening runway that may constrain the entity's ability to pursue high-quality acquisition targets without securing additional capital injections or facing potential liquidation risks.
The trajectory of the balance sheet reflects a classic shell company profile where administrative burn consistently depletes available liquidity. Investors should monitor whether the current cash balance is sufficient to cover the remaining search period, as the lack of operational revenue leaves no margin for error.
Based on the company's 2025Q3 filings, the current ratio has compressed significantly to 7.61 from 19.55 in 2024Q4, indicating that while the entity remains technically liquid, the rapid consumption of cash reserves relative to current liabilities suggests a deteriorating buffer against unforeseen regulatory or search-related costs.
The decline in the current ratio is a direct consequence of the ongoing administrative burn required to maintain the public listing. This trend suggests that the company's liquidity is not being replenished, which may force management to prioritize near-term survival over strategic deal-making as the expiration date approaches.
According to the latest balance sheet data, WLAC's retained earnings have deepened to a negative $3.8M as of 2025Q3, reflecting the persistent impact of non-operating administrative expenses on the company's equity base since its inception in 2024.
The negative retained earnings highlight the cost of maintaining a shell vehicle without an active business operation. This erosion of equity suggests that the value of the entity is almost entirely dependent on the potential for a successful future merger rather than any intrinsic book value.
As indicated by the 2025Q3 balance sheet, the reported $132.0M in total assets appears to be heavily skewed by non-operating items, which may mask the reality that the firm's actual liquid capital available for acquisition is limited to the $561.2K cash balance.
Investors should be cautious of the headline asset figure, as it likely includes restricted trust funds that are not available for general corporate purposes. This discrepancy suggests that the company's true operational flexibility is far more constrained than the total asset value would imply to an uncritical observer.
Quick answers to the most common questions about buying WLAC stock.
As of 2025, Willow Lane Acquisition Corp. (WLAC) had total assets of $133.0M including $0.5M in current assets.
Willow Lane Acquisition Corp. (WLAC) carries total debt of $0.0M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Willow Lane Acquisition Corp. (WLAC) has total shareholders' equity (book value) of $127.7M ($10.09 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Willow Lane Acquisition Corp. (WLAC) reported a current ratio of 0.49x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.