iSun, Inc. (ISUNQ) — Defensive Interval Ratio

Latest as of March 2024: 264 days

iSun, Inc. (ISUNQ) has a Defensive Interval Ratio of 264 days as of March 2024. Defensive assets of $25.55 Million (cash $-, short-term investments $-, receivables $25.55 Million) cover 264 days of daily cash needs of $96.86K/day. Check tangible net worth ratio of iSun, Inc. to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

264 days
Days of operational coverage

Defensive Assets

$25.55 Million
Cash + ST Investments + Receivables

Daily Cash Need

$96.86K
Current Liabilities ÷ 365

Current Liabilities

$35.35 Million
USD

iSun, Inc. Defensive Interval Ratio (2019–2023)

This chart shows how iSun, Inc.'s Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of March 2024, the ratio stands at 264 days, meaning defensive assets of $25.55 Million can fund 264 days of operations without new revenue. Also explore iSun, Inc. (ISUNQ) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for iSun, Inc. (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for iSun, Inc. from 2019 to 2023, covering 5 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 iSun, Inc. stock valuation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 264 days $25.55 Million $96.86K/day $- $- ▲ +69 days
2022 195 days $16.11 Million $82.80K/day $- $- ▼ 0 days
2021 195 days $18.34 Million $94.24K/day $- $- ▼ -141 days
2020 335 days $7.57 Million $22.58K/day $- $- ▼ -33 days
2019 368 days $8.57 Million $23.29K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)