Embrace Change Acquisition Corp Ordinary Shares (EMCG) — Defensive Interval Ratio

Latest as of December 2023: 25191 days

Embrace Change Acquisition Corp Ordinary Shares (EMCG) has a Defensive Interval Ratio of 25191 days as of December 2023. Defensive assets of $64.06 Million (cash $-, short-term investments $64.06 Million, receivables $-) cover 25191 days of daily cash needs of $2.54K/day. Check Embrace Change Acquisition Corp Ordinary (EMCG) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

25191 days
Days of operational coverage

Defensive Assets

$64.06 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.54K
Current Liabilities ÷ 365

Current Liabilities

$928.20K
USD

Embrace Change Acquisition Corp Ordinary Shares Defensive Interval Ratio (2022–2022)

This chart shows how Embrace Change Acquisition Corp Ordinary Shares's Defensive Interval Ratio has evolved across 1 annual periods from 2022 to 2022. As of December 2023, the ratio stands at 25191 days, meaning defensive assets of $64.06 Million can fund 25191 days of operations without new revenue. Also explore Embrace Change Acquisition Corp Ordinary net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Embrace Change Acquisition Corp Ordinary Shares (2022–2022)

The table below presents the year-by-year Defensive Interval Ratio for Embrace Change Acquisition Corp Ordinary Shares from 2022 to 2022, covering 1 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 market cap of Embrace Change Acquisition Corp Ordinary.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 1 days $521.00 $430.28/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)