DUET Acquisition Corp (DUET) — Defensive Interval Ratio

Latest as of June 2024: 938 days

DUET Acquisition Corp (DUET) has a Defensive Interval Ratio of 938 days as of June 2024. Defensive assets of $14.59 Million (cash $-, short-term investments $14.59 Million, receivables $-) cover 938 days of daily cash needs of $15.55K/day. See DUET net working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

938 days
Days of operational coverage

Defensive Assets

$14.59 Million
Cash + ST Investments + Receivables

Daily Cash Need

$15.55K
Current Liabilities ÷ 365

Current Liabilities

$5.68 Million
USD

DUET Acquisition Corp Defensive Interval Ratio (2022–2023)

This chart shows how DUET Acquisition Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of June 2024, the ratio stands at 938 days, meaning defensive assets of $14.59 Million can fund 938 days of operations without new revenue. See DUET net asset quality score to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for DUET Acquisition Corp (2022–2023)

The table below presents the year-by-year Defensive Interval Ratio for DUET 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 DUET company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 965 days $13.98 Million $14.48K/day $- $13.98 Million ▼ -43524 days
2022 44489 days $88.59 Million $1.99K/day $- $88.59 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)