ConnectM Technology Solutions, Inc. (CNTM) — Defensive Interval Ratio
ConnectM Technology Solutions, Inc. (CNTM) has a Defensive Interval Ratio of 18 days as of September 2024. Defensive assets of $1.86 Million (cash $-, short-term investments $-, receivables $1.86 Million) cover 18 days of daily cash needs of $105.89K/day. For the complete balance sheet picture, see ConnectM Technology Solutions, Inc. assets under control.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
ConnectM Technology Solutions, Inc. Defensive Interval Ratio (2021–2023)
This chart shows how ConnectM Technology Solutions, Inc.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 18 days, meaning defensive assets of $1.86 Million can fund 18 days of operations without new revenue. Read CNTM current and long-term liabilities for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for ConnectM Technology Solutions, Inc. (2021–2023)
The table below presents the year-by-year Defensive Interval Ratio for ConnectM Technology Solutions, Inc. from 2021 to 2023, covering 3 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 3 days | $62.19K | $18.95K/day | $- | $- | ▼ -203 days |
| 2022 | 206 days | $1.16 Million | $5.64K/day | $- | $- | ▼ -175 days |
| 2021 | 382 days | $344.64K | $902.88/day | $- | $- | — |