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. Check DUET Acquisition Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
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. Also explore DUET net asset momentum to track the company's year-over-year net asset growth rate.
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 | — |