Cartica Acquisition Corp (CITE) — Defensive Interval Ratio

Latest as of December 2024: 1333 days

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. Check tangible net worth ratio of Cartica Acquisition Corp to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1333 days
Days of operational coverage

Defensive Assets

$26.36 Million
Cash + ST Investments + Receivables

Daily Cash Need

$19.77K
Current Liabilities ÷ 365

Current Liabilities

$7.22 Million
USD

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. Also explore CITE net asset momentum to track the company's year-over-year net asset growth rate.

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. For live market cap and the full company financial profile, see Cartica Acquisition Corp stock valuation.

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
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)