Meta Materials Inc. (MMATQ) — Defensive Interval Ratio
Meta Materials Inc. (MMATQ) has a Defensive Interval Ratio of 42 days as of March 2024. Defensive assets of $2.12 Million (cash $-, short-term investments $-, receivables $2.12 Million) cover 42 days of daily cash needs of $50.91K/day. Check MMATQ tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Meta Materials Inc. Defensive Interval Ratio (2020–2023)
This chart shows how Meta Materials Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 42 days, meaning defensive assets of $2.12 Million can fund 42 days of operations without new revenue. Also explore Meta Materials Inc. net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Meta Materials Inc. (2020–2023)
The table below presents the year-by-year Defensive Interval Ratio for Meta Materials Inc. from 2020 to 2023, covering 4 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 Meta Materials Inc. market cap and net worth.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 79 days | $5.12 Million | $64.62K/day | $- | $- | ▼ -53 days |
| 2022 | 132 days | $7.12 Million | $53.90K/day | $- | $0.00 | ▲ +107 days |
| 2021 | 25 days | $6.23 Million | $251.07K/day | $- | $2.88 Million | ▲ +10 days |
| 2020 | 15 days | $503.01K | $33.96K/day | $- | $0.00 | — |