Akoustis Technologies, Inc. (AKTSQ) — 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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Akoustis Technologies, Inc. Defensive Interval Ratio (2021–2024)
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. For the complete balance sheet picture, see AKTSQ asset base.
Annual Defensive Interval Ratio for Akoustis Technologies, Inc. (2021–2024)
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. See Akoustis Technologies, Inc. (AKTSQ) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
| 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 | $- | $- | — |