FG Merger II Corp. Unit (FGMCU) — Defensive Interval Ratio

Latest as of September 2024: 5825 days

FG Merger II Corp. Unit (FGMCU) has a Defensive Interval Ratio of 5825 days as of September 2024. Defensive assets of $2.76 Million (cash $-, short-term investments $1.97 Million, receivables $798.33K) cover 5825 days of daily cash needs of $474.58/day. Check FG Merger II Corp. Unit (FGMCU) tangible net worth to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

5825 days
Days of operational coverage

Defensive Assets

$2.76 Million
Cash + ST Investments + Receivables

Daily Cash Need

$474.58
Current Liabilities ÷ 365

Current Liabilities

$173.22K
USD

FG Merger II Corp. Unit Defensive Interval Ratio (2006–2023)

This chart shows how FG Merger II Corp. Unit's Defensive Interval Ratio has evolved across 15 annual periods from 2006 to 2023. As of September 2024, the ratio stands at 5825 days, meaning defensive assets of $2.76 Million can fund 5825 days of operations without new revenue. Also explore FG Merger II Corp. Unit net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for FG Merger II Corp. Unit (2006–2023)

The table below presents the year-by-year Defensive Interval Ratio for FG Merger II Corp. Unit from 2006 to 2023, covering 15 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 FGMCU market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 23 days $563.90K $24.32K/day $- $- ▼ -198 days
2022 221 days $414.81K $1.88K/day $- $- ▼ -69951 days
2021 70172 days $629.05K $8.96/day $- $- ▲ +38769 days
2020 31403 days $126.47K $4.03/day $- $- ▲ +31384 days
2019 19 days $101.00K $5.30K/day $- $- ▼ -13 days
2018 32 days $224.00K $6.91K/day $- $- ▲ +17 days
2017 15 days $122.00K $8.07K/day $- $- ▲ +10 days
2015 5 days $112.00K $23.22K/day $- $- ▲ +4 days
2013 1 days $18.90K $36.47K/day $- $- ▲ +0 days
2012 0 days $8.19K $22.29K/day $- $- ▼ -2 days
2011 2 days $33.98K $14.46K/day $- $- ▼ -13546 days
2010 13549 days $251.78 Million $18.58K/day $- $- ▲ +13541 days
2009 8 days $114.00K $14.85K/day $- $- ▲ +2 days
2008 6 days $57.12K $9.71K/day $- $- ▼ -23 days
2006 29 days $228.82K $7.93K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)