Above Food Ingredients Inc. Common Stock (ABVE) — Defensive Interval Ratio
Above Food Ingredients Inc. Common Stock (ABVE) has a Defensive Interval Ratio of 26 days as of July 2024. Defensive assets of $11.88 Million (cash $-, short-term investments $-, receivables $11.88 Million) cover 26 days of daily cash needs of $455.80K/day. Check Above Food Ingredients Inc. Common Stock tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Above Food Ingredients Inc. Common Stock Defensive Interval Ratio (2022–2024)
This chart shows how Above Food Ingredients Inc. Common Stock's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of July 2024, the ratio stands at 26 days, meaning defensive assets of $11.88 Million can fund 26 days of operations without new revenue. Also explore ABVE net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Above Food Ingredients Inc. Common Stock (2022–2024)
The table below presents the year-by-year Defensive Interval Ratio for Above Food Ingredients Inc. Common Stock from 2022 to 2024, 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 Above Food Ingredients Inc. Common Stock (ABVE) total market value.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 118 days | $49.66 Million | $421.51K/day | $- | $24.96 Million | ▼ -10345 days |
| 2023 | 10463 days | $35.71 Million | $3.41K/day | $- | $- | ▲ +10364 days |
| 2022 | 99 days | $27.18 Million | $275.04K/day | $- | $- | — |