Compass Digital Acquisition Corp (CDAQ) — Defensive Interval Ratio

Latest as of March 2024: 22003 days

Compass Digital Acquisition Corp (CDAQ) has a Defensive Interval Ratio of 22003 days as of March 2024. Defensive assets of $55.35 Million (cash $-, short-term investments $55.35 Million, receivables $-) cover 22003 days of daily cash needs of $2.52K/day. Check CDAQ tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

22003 days
Days of operational coverage

Defensive Assets

$55.35 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.52K
Current Liabilities ÷ 365

Current Liabilities

$918.13K
USD

Compass Digital Acquisition Corp Defensive Interval Ratio (2023–2023)

This chart shows how Compass Digital Acquisition Corp's Defensive Interval Ratio has evolved across 1 annual periods from 2023 to 2023. As of March 2024, the ratio stands at 22003 days, meaning defensive assets of $55.35 Million can fund 22003 days of operations without new revenue. Also explore CDAQ net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Compass Digital Acquisition Corp (2023–2023)

The table below presents the year-by-year Defensive Interval Ratio for Compass Digital Acquisition Corp from 2023 to 2023, covering 1 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 CDAQ market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 23483 days $55.35 Million $2.36K/day $- $55.35 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)