K2 Capital Acquisition Corporation (KTWO) — Defensive Interval Ratio
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. For the complete balance sheet picture, see KTWO current and non-current assets.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. Read KTWO total debt and obligations for a breakdown of total debt and financial obligations.
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.
| 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 | $- | $- | — |