K2 Capital Acquisition Corporation (KTWO) — Defensive Interval Ratio

Latest as of September 2018: 304 days

K2 Capital Acquisition Corporation (KTWO) has a Defensive Interval Ratio of 304 days as of September 2018. Defensive assets of $54.05 Million (cash $-, short-term investments $-, receivables $54.05 Million) cover 304 days of daily cash needs of $177.91K/day. See KTWO working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

304 days
Days of operational coverage

Defensive Assets

$54.05 Million
Cash + ST Investments + Receivables

Daily Cash Need

$177.91K
Current Liabilities ÷ 365

Current Liabilities

$64.94 Million
USD

K2 Capital Acquisition Corporation Defensive Interval Ratio (2012–2017)

This chart shows how K2 Capital Acquisition Corporation's Defensive Interval Ratio has evolved across 6 annual periods from 2012 to 2017. As of September 2018, the ratio stands at 304 days, meaning defensive assets of $54.05 Million can fund 304 days of operations without new revenue. See net asset quality index of K2 Capital Acquisition Corporation to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for K2 Capital Acquisition Corporation (2012–2017)

The table below presents the year-by-year Defensive Interval Ratio for K2 Capital Acquisition Corporation from 2012 to 2017, covering 6 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 KTWO stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2017 341 days $50.47 Million $148.12K/day $- $- ▼ -44 days
2016 384 days $46.43 Million $120.77K/day $- $- ▲ +89 days
2015 296 days $38.77 Million $131.05K/day $- $- ▼ -52 days
2014 348 days $33.94 Million $97.49K/day $- $- ▲ +189 days
2013 159 days $32.82 Million $206.64K/day $- $- ▼ -259 days
2012 418 days $26.99 Million $64.61K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)