Kandal M Venture Limited Class A Ordinary Shares (FMFC) — Defensive Interval Ratio

Latest as of June 2026: 229 days

Kandal M Venture Limited Class A Ordinary Shares (FMFC) has a Defensive Interval Ratio of 229 days as of June 2026. Defensive assets of $1.98 Million (cash $-, short-term investments $-, receivables $1.98 Million) cover 229 days of daily cash needs of $8.65K/day.

Defensive Interval Ratio

229 days
Days of operational coverage

Defensive Assets

$1.98 Million
Cash + ST Investments + Receivables

Daily Cash Need

$8.65K
Current Liabilities ÷ 365

Current Liabilities

$3.16 Million
USD

Kandal M Venture Limited Class A Ordinary Shares Defensive Interval Ratio (2023–2026)

This chart shows how Kandal M Venture Limited Class A Ordinary Shares's Defensive Interval Ratio has evolved across 4 annual periods from 2023 to 2026. As of June 2026, the ratio stands at 229 days, meaning defensive assets of $1.98 Million can fund 229 days of operations without new revenue. For the complete balance sheet picture, see Kandal M Venture Limited Class A Ordinar balance sheet assets.

Annual Defensive Interval Ratio for Kandal M Venture Limited Class A Ordinary Shares (2023–2026)

The table below presents the year-by-year Defensive Interval Ratio for Kandal M Venture Limited Class A Ordinary Shares from 2023 to 2026, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Kandal M Venture Limited Class A Ordinar to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2026 229 days $1.98 Million $8.65K/day $- $- ▼ -29 days
2025 258 days $6.80 Million $26.31K/day $- $68.76K ▼ -206 days
2024 465 days $6.98 Million $15.02K/day $- $68.44K ▲ +405 days
2023 60 days $985.77K $16.41K/day $- $70.74K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)