Cartica Acquisition Corp (CITE) — Defensive Interval Ratio
Cartica Acquisition Corp (CITE) has a Defensive Interval Ratio of 1333 days as of December 2024. Defensive assets of $26.36 Million (cash $-, short-term investments $26.36 Million, receivables $-) cover 1333 days of daily cash needs of $19.77K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Cartica Acquisition Corp Defensive Interval Ratio (2022–2023)
This chart shows how Cartica Acquisition Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of December 2024, the ratio stands at 1333 days, meaning defensive assets of $26.36 Million can fund 1333 days of operations without new revenue. For the complete balance sheet picture, see how large is Cartica Acquisition Corp's balance sheet.
Annual Defensive Interval Ratio for Cartica Acquisition Corp (2022–2023)
The table below presents the year-by-year Defensive Interval Ratio for Cartica Acquisition Corp from 2022 to 2023, covering 2 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 Cartica Acquisition Corp (CITE) liquidity to equity ratio 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 | 20592 days | $46.31 Million | $2.25K/day | $- | $46.31 Million | ▼ -830040 days |
| 2022 | 850632 days | $240.11 Million | $282.28/day | $- | $240.11 Million | — |