CareMax Inc (CMAX) — Defensive Interval Ratio
CareMax Inc (CMAX) has a Defensive Interval Ratio of 67 days as of June 2024. Defensive assets of $97.49 Million (cash $-, short-term investments $-, receivables $97.49 Million) cover 67 days of daily cash needs of $1.45 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
CareMax Inc Defensive Interval Ratio (2018–2023)
This chart shows how CareMax Inc's Defensive Interval Ratio has evolved across 6 annual periods from 2018 to 2023. As of June 2024, the ratio stands at 67 days, meaning defensive assets of $97.49 Million can fund 67 days of operations without new revenue. For the complete balance sheet picture, see CareMax Inc asset portfolio.
Annual Defensive Interval Ratio for CareMax Inc (2018–2023)
The table below presents the year-by-year Defensive Interval Ratio for CareMax Inc from 2018 to 2023, covering 6 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 CMAX working capital 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 | 95 days | $114.75 Million | $1.20 Million/day | $- | $- | ▼ -618 days |
| 2022 | 713 days | $151.04 Million | $211.84K/day | $- | $- | ▲ +15 days |
| 2021 | 698 days | $42.00 Million | $60.16K/day | $- | $- | ▼ -9586 days |
| 2020 | 10284 days | $153.59 Million | $14.93K/day | $- | $143.84 Million | ▲ +9717 days |
| 2019 | 567 days | $5.19 Million | $9.14K/day | $- | $- | ▲ +85 days |
| 2018 | 482 days | $4.02 Million | $8.35K/day | $- | $- | — |