Forza X1 Inc Defensive Interval Ratio
Forza X1 Inc defensive interval ratio. Forza X1 Inc (FRZA) has a Defensive Interval Ratio of 683 days as of September 2024. Defensive assets of $212.88K (cash $-, short-term investments $0.00, receivables $212.88K) cover 683 days of daily cash needs of $311.78/day. See FRZA working capital efficiency to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Forza X1 Inc (2022–2023)
Defensive interval ratio of Forza X1 Inc from 2022 to 2023. This chart shows how Forza X1 Inc's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of September 2024, the ratio stands at 683 days, meaning defensive assets of $212.88K can fund 683 days of operations without new revenue. Check asset resilience ratio of Forza X1 Inc to evaluate the company's liquid asset resilience ratio.
Forza X1 Inc Defensive Interval Ratio by Year (2022–2023)
Forza X1 Inc defensive interval ratio by year from 2022 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Forza X1 Inc from 2022 to 2023, covering 2 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 the complete balance sheet picture, see total assets of Forza X1 Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 1292 days | $2.98 Million | $2.31K/day | $- | $2.98 Million | ▲ +1292 days |
| 2022 | 0 days | $0.00 | $1.24K/day | $- | $0.00 | — |