Broad Capital Acquisition Corp (BRAC) — Defensive Interval Ratio
Broad Capital Acquisition Corp (BRAC) has a Defensive Interval Ratio of 834 days as of September 2024. Defensive assets of $20.16 Million (cash $-, short-term investments $20.16 Million, receivables $-) cover 834 days of daily cash needs of $24.18K/day. Check BRAC tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Broad Capital Acquisition Corp Defensive Interval Ratio (2017–2023)
This chart shows how Broad Capital Acquisition Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2017 to 2023. As of September 2024, the ratio stands at 834 days, meaning defensive assets of $20.16 Million can fund 834 days of operations without new revenue. Also explore net asset growth rate of Broad Capital Acquisition Corp to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Broad Capital Acquisition Corp (2017–2023)
The table below presents the year-by-year Defensive Interval Ratio for Broad Capital Acquisition Corp from 2017 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 BRAC stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 2683 days | $50.77 Million | $18.92K/day | $- | $50.77 Million | ▼ -25909 days |
| 2022 | 28592 days | $104.16 Million | $3.64K/day | $- | $104.16 Million | ▲ +28592 days |
| 2018 | 0 days | $0.00 | $2.70K/day | $- | $0.00 | ▲ +0 days |
| 2017 | 0 days | $0.00 | $367.27/day | $- | $0.00 | — |