Evolution Metals & Technologies Corp. Common Stock (EMAT) — Defensive Interval Ratio

Latest as of June 2024: 73 days

Evolution Metals & Technologies Corp. Common Stock (EMAT) has a Defensive Interval Ratio of 73 days as of June 2024. Defensive assets of $7.26 Million (cash $-, short-term investments $-, receivables $7.26 Million) cover 73 days of daily cash needs of $100.12K/day. Check tangible net worth ratio of Evolution Metals & Technologies Corp. Co to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

73 days
Days of operational coverage

Defensive Assets

$7.26 Million
Cash + ST Investments + Receivables

Daily Cash Need

$100.12K
Current Liabilities ÷ 365

Current Liabilities

$36.55 Million
USD

Evolution Metals & Technologies Corp. Common Stock Defensive Interval Ratio (2022–2023)

This chart shows how Evolution Metals & Technologies Corp. Common Stock's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of June 2024, the ratio stands at 73 days, meaning defensive assets of $7.26 Million can fund 73 days of operations without new revenue. Also explore Evolution Metals & Technologies Corp. Co (EMAT) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Evolution Metals & Technologies Corp. Common Stock (2022–2023)

The table below presents the year-by-year Defensive Interval Ratio for Evolution Metals & Technologies Corp. Common Stock 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 EMAT market cap.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 103 days $7.12 Million $69.47K/day $- $- ▼ -43 days
2022 146 days $2.24 Million $15.37K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)