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.
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. For the complete balance sheet picture, see FRLA asset base.
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. See FRLA current assets to equity ratio 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) |
|---|---|---|---|---|---|---|
| 2023 | 2207 days | $34.85 Million | $15.79K/day | $- | $34.85 Million | — |