BurgerFi International, Inc. (BFICQ) — Defensive Interval Ratio

Latest as of March 2024: 6 days

BurgerFi International, Inc. (BFICQ) has a Defensive Interval Ratio of 6 days as of March 2024. Defensive assets of $1.35 Million (cash $-, short-term investments $-, receivables $1.35 Million) cover 6 days of daily cash needs of $226.30K/day. See working capital to net assets of BurgerFi International, Inc. to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

$1.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

$226.30K
Current Liabilities ÷ 365

Current Liabilities

$82.60 Million
USD

BurgerFi International, Inc. Defensive Interval Ratio (2020–2023)

This chart shows how BurgerFi International, Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 6 days, meaning defensive assets of $1.35 Million can fund 6 days of operations without new revenue. See BurgerFi International, Inc. (BFICQ) net asset quality to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for BurgerFi International, Inc. (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for BurgerFi International, Inc. from 2020 to 2023, 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 live market cap and the full company financial profile, see market value of BurgerFi International, Inc..

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 6 days $1.37 Million $226.55K/day $- $- ▼ -11 days
2022 17 days $1.93 Million $110.15K/day $- $- ▼ -8 days
2021 25 days $1.69 Million $66.66K/day $- $- ▼ -3 days
2020 29 days $718.00K $25.09K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)