Above Food Ingredients Inc. Common Stock Defensive Interval Ratio
Above Food Ingredients Inc. Common Stock 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. Explore ABVE long-term investment intensity to see how much of total assets are deployed in long-term investments.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Above Food Ingredients Inc. Common Stock (2022–2024)
Defensive interval ratio of Above Food Ingredients Inc. Common Stock from 2022 to 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. Read Above Food Ingredients Inc. Common Stock balance sheet liabilities for a breakdown of total debt and financial obligations.
Above Food Ingredients Inc. Common Stock Defensive Interval Ratio by Year (2022–2024)
Above Food Ingredients Inc. Common Stock defensive interval ratio by year from 2022 to 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 the complete balance sheet picture, see how large is Above Food Ingredients Inc. Common Stock's balance sheet.
| 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 | $- | $- | — |