Evergreen Corp (EVGR) — Defensive Interval Ratio

Latest as of August 2024: 3503 days

Evergreen Corp (EVGR) has a Defensive Interval Ratio of 3503 days as of August 2024. Defensive assets of $54.52 Million (cash $-, short-term investments $54.52 Million, receivables $-) cover 3503 days of daily cash needs of $15.56K/day. Check how tangible is Evergreen Corp's equity to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

3503 days
Days of operational coverage

Defensive Assets

$54.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

$15.56K
Current Liabilities ÷ 365

Current Liabilities

$5.68 Million
USD

Evergreen Corp Defensive Interval Ratio (2022–2023)

This chart shows how Evergreen Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of August 2024, the ratio stands at 3503 days, meaning defensive assets of $54.52 Million can fund 3503 days of operations without new revenue. Also explore EVGR net assets growth trend to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Evergreen Corp (2022–2023)

The table below presents the year-by-year Defensive Interval Ratio for Evergreen 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 how much is Evergreen Corp worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 10552 days $118.05 Million $11.19K/day $- $118.05 Million ▼ -2026841 days
2022 2037393 days $118.05 Million $57.94/day $- $118.05 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)