Fortune Rise Acquisition Corp (FRLA) — Defensive Interval Ratio
Fortune Rise Acquisition Corp (FRLA) has a Defensive Interval Ratio of 0 days as of June 2024. Defensive assets of $0.00 (cash $-, short-term investments $0.00, receivables $-) cover 0 days of daily cash needs of $19.57K/day. Check FRLA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Fortune Rise Acquisition Corp Defensive Interval Ratio (2023–2023)
This chart shows how Fortune Rise Acquisition Corp's Defensive Interval Ratio has evolved across 1 annual periods from 2023 to 2023. As of June 2024, the ratio stands at 0 days, meaning defensive assets of $0.00 can fund 0 days of operations without new revenue. Also explore Fortune Rise Acquisition Corp (FRLA) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Fortune Rise Acquisition Corp (2023–2023)
The table below presents the year-by-year Defensive Interval Ratio for Fortune Rise Acquisition Corp from 2023 to 2023, 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 FRLA market cap.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 2207 days | $34.85 Million | $15.79K/day | $- | $34.85 Million | — |