Kirklands Inc (KIRK) — Defensive Interval Ratio

Latest as of July 2024: 2 days

Kirklands Inc (KIRK) has a Defensive Interval Ratio of 2 days as of July 2024. Defensive assets of $523.00K (cash $-, short-term investments $-, receivables $523.00K) cover 2 days of daily cash needs of $327.47K/day.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

$523.00K
Cash + ST Investments + Receivables

Daily Cash Need

$327.47K
Current Liabilities ÷ 365

Current Liabilities

$119.53 Million
USD

Kirklands Inc Defensive Interval Ratio (2005–2024)

This chart shows how Kirklands Inc's Defensive Interval Ratio has evolved across 20 annual periods from 2005 to 2024. As of July 2024, the ratio stands at 2 days, meaning defensive assets of $523.00K can fund 2 days of operations without new revenue. For the complete balance sheet picture, see Kirklands Inc (KIRK) total assets.

Annual Defensive Interval Ratio for Kirklands Inc (2005–2024)

The table below presents the year-by-year Defensive Interval Ratio for Kirklands Inc from 2005 to 2024, covering 20 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 how liquid is Kirklands Inc's working capital 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)
2024 0 days $1.00 $299.15K/day $- $- ▼ -5 days
2023 5 days $1.55 Million $304.95K/day $- $- ▼ -8 days
2022 13 days $4.70 Million $368.81K/day $- $- ▲ +35 days
2021 -22 days $-8.28 Million $378.94K/day $- $- ▼ -24 days
2020 3 days $1.00 Million $387.51K/day $- $- ▲ +68 days
2019 -66 days $-15.56 Million $237.08K/day $- $- ▼ -81 days
2018 15 days $4.00 Million $265.59K/day $- $0.00 ▼ -8 days
2017 24 days $4.80 Million $203.95K/day $- $0.00 ▲ +3 days
2016 21 days $3.33 Million $161.66K/day $- $0.00 ▼ -2 days
2015 23 days $3.54 Million $157.21K/day $- $0.00 ▲ +19 days
2014 3 days $446.00K $144.24K/day $- $0.00 ▼ -10 days
2013 14 days $1.60 Million $118.28K/day $- $0.00 ▲ +75 days
2012 -61 days $-7.78 Million $127.52K/day $- $0.00 ▼ -89 days
2011 28 days $3.53 Million $125.72K/day $- $- ▲ +1 days
2010 27 days $3.55 Million $131.72K/day $- $- ▲ +63 days
2009 -36 days $-4.36 Million $120.08K/day $- $- ▼ -62 days
2008 26 days $2.90 Million $113.29K/day $- $- ▲ +67 days
2007 -42 days $-5.40 Million $129.76K/day $- $- ▲ +16 days
2006 -58 days $-6.83 Million $118.28K/day $- $- ▼ -79 days
2005 21 days $2.12 Million $101.74K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)