DigiAsia Corp (FAAS) — Defensive Interval Ratio

Latest as of June 2024: 249 days

DigiAsia Corp (FAAS) has a Defensive Interval Ratio of 249 days as of June 2024. Defensive assets of $40.97 Million (cash $-, short-term investments $-, receivables $40.97 Million) cover 249 days of daily cash needs of $164.56K/day. Check DigiAsia Corp tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

249 days
Days of operational coverage

Defensive Assets

$40.97 Million
Cash + ST Investments + Receivables

Daily Cash Need

$164.56K
Current Liabilities ÷ 365

Current Liabilities

$60.06 Million
USD

DigiAsia Corp Defensive Interval Ratio (2021–2022)

This chart shows how DigiAsia Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of June 2024, the ratio stands at 249 days, meaning defensive assets of $40.97 Million can fund 249 days of operations without new revenue. Also explore how fast is DigiAsia Corp growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for DigiAsia Corp (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for DigiAsia Corp from 2021 to 2022, 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 DigiAsia Corp stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 124 days $2.60 Million $21.05K/day $- $- ▼ -134 days
2021 258 days $7.35 Million $28.48K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)