Breeze Holdings Acquisition Corp (BREZ) — Defensive Interval Ratio

Latest as of March 2024: 1 days

Breeze Holdings Acquisition Corp (BREZ) has a Defensive Interval Ratio of 1 days as of March 2024. Defensive assets of $18.67K (cash $-, short-term investments $-, receivables $18.67K) cover 1 days of daily cash needs of $25.27K/day.

Defensive Interval Ratio

1 days
Days of operational coverage

Defensive Assets

$18.67K
Cash + ST Investments + Receivables

Daily Cash Need

$25.27K
Current Liabilities ÷ 365

Current Liabilities

$9.22 Million
USD

Breeze Holdings Acquisition Corp Defensive Interval Ratio (2020–2023)

This chart shows how Breeze Holdings Acquisition Corp's Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 1 days, meaning defensive assets of $18.67K can fund 1 days of operations without new revenue. For the complete balance sheet picture, see BREZ asset base.

Annual Defensive Interval Ratio for Breeze Holdings Acquisition Corp (2020–2023)

The table below presents the year-by-year Defensive Interval Ratio for Breeze Holdings Acquisition Corp 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. See how liquid is Breeze Holdings Acquisition Corp's working capital 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)
2023 1 days $18.67K $22.13K/day $- $- ▼ -1165 days
2022 1166 days $17.73 Million $15.21K/day $- $17.72 Million ▼ -20391 days
2021 21558 days $117.93 Million $5.47K/day $- $117.93 Million ▼ -165839 days
2020 187396 days $116.73 Million $622.93/day $- $116.73 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)