IMAC Holdings Inc (BACK) — Defensive Interval Ratio

Latest as of December 2024: 2 days

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. Check IMAC Holdings Inc (BACK) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$41.70K
Cash + ST Investments + Receivables

Daily Cash Need

$17.17K
Current Liabilities ÷ 365

Current Liabilities

$6.27 Million
USD

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. Also explore IMAC Holdings Inc (BACK) net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see market cap of IMAC Holdings Inc.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)