IMAC Holdings Inc (BACK) — Defensive Interval Ratio
IMAC Holdings Inc (BACK) has a Defensive Interval Ratio of 2 days as of December 2024. Defensive assets of $41.70K (cash $-, short-term investments $-, receivables $41.70K) cover 2 days of daily cash needs of $17.17K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
IMAC Holdings Inc Defensive Interval Ratio (2016–2024)
This chart shows how IMAC Holdings Inc's Defensive Interval Ratio has evolved across 9 annual periods from 2016 to 2024. As of December 2024, the ratio stands at 2 days, meaning defensive assets of $41.70K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see BACK asset base.
Annual Defensive Interval Ratio for IMAC Holdings Inc (2016–2024)
The table below presents the year-by-year Defensive Interval Ratio for IMAC Holdings Inc from 2016 to 2024, covering 9 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 IMAC Holdings Inc (BACK) 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 | 1 days | $28.03K | $21.87K/day | $- | $- | ▼ -139 days |
| 2023 | 141 days | $731.07K | $5.20K/day | $- | $- | ▼ -142 days |
| 2022 | 283 days | $2.88 Million | $10.17K/day | $- | $- | ▲ +194 days |
| 2021 | 89 days | $1.21 Million | $13.52K/day | $- | $- | ▼ -3 days |
| 2020 | 93 days | $1.51 Million | $16.30K/day | $- | $- | ▲ +17 days |
| 2019 | 76 days | $1.26 Million | $16.62K/day | $- | $- | ▲ +68 days |
| 2018 | 8 days | $303.63K | $37.89K/day | $- | $- | ▼ -367 days |
| 2017 | 375 days | $486.63K | $1.30K/day | $- | $347.65K | ▼ -4788 days |
| 2016 | 5162 days | $722.60K | $139.97/day | $- | $421.60K | — |