DUET Acquisition Corp (DUET) — Defensive Interval Ratio
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. For the complete balance sheet picture, see DUET Acquisition Corp asset portfolio.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Check DUET Acquisition Corp (DUET) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
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.
| 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 | — |