African Agriculture Holdings Inc. (AAGR) — Defensive Interval Ratio

Latest as of March 2024: 1 days

African Agriculture Holdings Inc. (AAGR) has a Defensive Interval Ratio of 1 days as of March 2024. Defensive assets of $49.12K (cash $-, short-term investments $-, receivables $49.12K) cover 1 days of daily cash needs of $89.41K/day. See African Agriculture Holdings Inc. current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

$49.12K
Cash + ST Investments + Receivables

Daily Cash Need

$89.41K
Current Liabilities ÷ 365

Current Liabilities

$32.64 Million
USD

African Agriculture Holdings Inc. Defensive Interval Ratio (2021–2023)

This chart shows how African Agriculture Holdings Inc.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 1 days, meaning defensive assets of $49.12K can fund 1 days of operations without new revenue. See AAGR equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for African Agriculture Holdings Inc. (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for African Agriculture Holdings Inc. from 2021 to 2023, covering 3 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see AAGR market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 12 days $1.07 Million $87.16K/day $- $- ▲ +5 days
2022 7 days $190.87K $27.11K/day $- $- ▲ +7 days
2021 0 days $1.81K $10.48K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)