Maquia Capital Acquisition Corp (MAQC) — Defensive Interval Ratio

Latest as of June 2024: 6 days

Maquia Capital Acquisition Corp (MAQC) has a Defensive Interval Ratio of 6 days as of June 2024. Defensive assets of $65.25K (cash $-, short-term investments $-, receivables $65.25K) cover 6 days of daily cash needs of $10.83K/day. See Maquia Capital Acquisition Corp current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

$65.25K
Cash + ST Investments + Receivables

Daily Cash Need

$10.83K
Current Liabilities ÷ 365

Current Liabilities

$3.95 Million
USD

Maquia Capital Acquisition Corp Defensive Interval Ratio (2021–2023)

This chart shows how Maquia Capital Acquisition Corp's Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2023. As of June 2024, the ratio stands at 6 days, meaning defensive assets of $65.25K can fund 6 days of operations without new revenue. See Maquia Capital Acquisition Corp (MAQC) balance sheet quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Maquia Capital Acquisition Corp (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Maquia Capital Acquisition Corp from 2021 to 2023, covering 2 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 MAQC stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 39 days $475.04K $12.05K/day $- $- ▼ -196495 days
2021 196534 days $175.77 Million $894.35/day $- $175.72 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)