Meta Materials Inc. Defensive Interval Ratio
Meta Materials Inc. 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. See Meta Materials Inc. (MMATQ) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Meta Materials Inc. (2020–2023)
Defensive interval ratio of Meta Materials Inc. from 2020 to 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. Check Meta Materials Inc. (MMATQ) asset resilience to evaluate the company's liquid asset resilience ratio.
Meta Materials Inc. Defensive Interval Ratio by Year (2020–2023)
Meta Materials Inc. defensive interval ratio by year from 2020 to 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 the complete balance sheet picture, see MMATQ asset base.
| 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 | — |