CONX Corp Defensive Interval Ratio
CONX Corp defensive interval ratio. CONX Corp (CONX) has a Defensive Interval Ratio of 3 days as of March 2022. Defensive assets of $3.51K (cash $-, short-term investments $-, receivables $3.51K) cover 3 days of daily cash needs of $1.01K/day. See CONX net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of CONX Corp (2020–2022)
Defensive interval ratio of CONX Corp from 2020 to 2022. This chart shows how CONX Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of March 2022, the ratio stands at 3 days, meaning defensive assets of $3.51K can fund 3 days of operations without new revenue. Check CONX cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
CONX Corp Defensive Interval Ratio by Year (2020–2022)
CONX Corp defensive interval ratio by year from 2020 to 2022. The table below presents the year-by-year Defensive Interval Ratio for CONX Corp from 2020 to 2022, 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. For the complete balance sheet picture, see CONX Corp total assets.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 14390 days | $84.24 Million | $5.85K/day | $- | $84.24 Million | ▲ +14385 days |
| 2021 | 4 days | $3.51K | $818.51/day | $- | $- | ▼ -1974814 days |
| 2020 | 1974818 days | $750.01 Million | $379.79/day | $- | $750.01 Million | — |