Akoustis Technologies, Inc. Defensive Interval Ratio
Akoustis Technologies, Inc. defensive interval ratio. Akoustis Technologies, Inc. (AKTSQ) has a Defensive Interval Ratio of 17 days as of September 2024. Defensive assets of $3.83 Million (cash $-, short-term investments $-, receivables $3.83 Million) cover 17 days of daily cash needs of $219.41K/day. See AKTSQ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Akoustis Technologies, Inc. (2021–2024)
Defensive interval ratio of Akoustis Technologies, Inc. from 2021 to 2024. This chart shows how Akoustis Technologies, Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 17 days, meaning defensive assets of $3.83 Million can fund 17 days of operations without new revenue. Read AKTSQ liabilities breakdown for a breakdown of total debt and financial obligations.
Akoustis Technologies, Inc. Defensive Interval Ratio by Year (2021–2024)
Akoustis Technologies, Inc. defensive interval ratio by year from 2021 to 2024. The table below presents the year-by-year Defensive Interval Ratio for Akoustis Technologies, Inc. from 2021 to 2024, covering 4 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 balance sheet size of Akoustis Technologies, Inc..
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 17 days | $3.91 Million | $231.15K/day | $- | $- | ▼ -82 days |
| 2023 | 99 days | $4.75 Million | $48.14K/day | $- | $- | ▼ -11 days |
| 2022 | 109 days | $3.79 Million | $34.68K/day | $- | $- | ▲ +51 days |
| 2021 | 59 days | $1.17 Million | $19.90K/day | $- | $- | — |