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. See Fortune Rise Acquisition Corp short-term liquidity ratio to evaluate short-term liquidity relative to 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. See debt-free asset ratio of Fortune Rise Acquisition Corp to measure how much of total assets are equity-financed.
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 market cap of Fortune Rise Acquisition Corp.
| 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 | — |