Mountain & I Acquisition Co Corp (MCAA) — Defensive Interval Ratio

Latest as of March 2024: 32 days

Mountain & I Acquisition Co Corp (MCAA) has a Defensive Interval Ratio of 32 days as of March 2024. Defensive assets of $600.00K (cash $-, short-term investments $-, receivables $600.00K) cover 32 days of daily cash needs of $18.64K/day.

Defensive Interval Ratio

32 days
Days of operational coverage

Defensive Assets

$600.00K
Cash + ST Investments + Receivables

Daily Cash Need

$18.64K
Current Liabilities ÷ 365

Current Liabilities

$6.80 Million
USD

Mountain & I Acquisition Co Corp Defensive Interval Ratio (2021–2023)

This chart shows how Mountain & I Acquisition Co Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 32 days, meaning defensive assets of $600.00K can fund 32 days of operations without new revenue. For the complete balance sheet picture, see how large is Mountain & I Acquisition Co Corp's balance sheet.

Annual Defensive Interval Ratio for Mountain & I Acquisition Co Corp (2021–2023)

The table below presents the year-by-year Defensive Interval Ratio for Mountain & I Acquisition Co Corp from 2021 to 2023, covering 3 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 Mountain & I Acquisition Co Corp (MCAA) working capital ratio 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)
2023 32 days $600.00K $18.64K/day $- $- ▼ -81 days
2022 113 days $257.48K $2.28K/day $- $- ▼ -292 days
2021 406 days $276.00K $680.58/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)