HCM Acquisition Corp (HCMA) — Defensive Interval Ratio

Latest as of September 2023: 3147 days

HCM Acquisition Corp (HCMA) has a Defensive Interval Ratio of 3147 days as of September 2023. Defensive assets of $44.68 Million (cash $-, short-term investments $44.68 Million, receivables $-) cover 3147 days of daily cash needs of $14.20K/day. See HCM Acquisition Corp working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

3147 days
Days of operational coverage

Defensive Assets

$44.68 Million
Cash + ST Investments + Receivables

Daily Cash Need

$14.20K
Current Liabilities ÷ 365

Current Liabilities

$5.18 Million
USD

HCM Acquisition Corp Defensive Interval Ratio (2022–2022)

This chart shows how HCM Acquisition Corp's Defensive Interval Ratio has evolved across 1 annual periods from 2022 to 2022. As of September 2023, the ratio stands at 3147 days, meaning defensive assets of $44.68 Million can fund 3147 days of operations without new revenue. See HCMA equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for HCM Acquisition Corp (2022–2022)

The table below presents the year-by-year Defensive Interval Ratio for HCM Acquisition Corp from 2022 to 2022, 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 HCM Acquisition Corp stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 84626 days $297.62 Million $3.52K/day $- $297.62 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)