Marin Software Inc (MRIN) — Defensive Interval Ratio

Latest as of September 2024: 383 days

Marin Software Inc (MRIN) has a Defensive Interval Ratio of 383 days as of September 2024. Defensive assets of $3.66 Million (cash $-, short-term investments $-, receivables $3.66 Million) cover 383 days of daily cash needs of $9.55K/day. Check tangible net worth ratio of Marin Software Inc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

383 days
Days of operational coverage

Defensive Assets

$3.66 Million
Cash + ST Investments + Receivables

Daily Cash Need

$9.55K
Current Liabilities ÷ 365

Current Liabilities

$3.49 Million
USD

Marin Software Inc Defensive Interval Ratio (2011–2023)

This chart shows how Marin Software Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2011 to 2023. As of September 2024, the ratio stands at 383 days, meaning defensive assets of $3.66 Million can fund 383 days of operations without new revenue. Also explore net asset growth rate of Marin Software Inc to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Marin Software Inc (2011–2023)

The table below presents the year-by-year Defensive Interval Ratio for Marin Software Inc from 2011 to 2023, covering 13 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 MRIN company net worth.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 329 days $3.86 Million $11.73K/day $- $- ▲ +62 days
2022 267 days $4.52 Million $16.90K/day $- $- ▲ +119 days
2021 149 days $4.63 Million $31.19K/day $- $- ▲ +34 days
2020 115 days $5.06 Million $44.20K/day $- $- ▼ -111 days
2019 225 days $8.94 Million $39.66K/day $- $- ▼ -117 days
2018 342 days $12.91 Million $37.69K/day $- $- ▲ +7 days
2017 336 days $13.53 Million $40.32K/day $- $1.29 Million ▼ -245 days
2016 581 days $20.05 Million $34.54K/day $- $1.29 Million ▲ +76 days
2015 505 days $21.72 Million $43.04K/day $- $0.00 ▲ +170 days
2014 335 days $18.73 Million $55.97K/day $- $0.00 ▲ +28 days
2013 306 days $14.92 Million $48.73K/day $- $0.00 ▼ -59 days
2012 365 days $13.13 Million $35.94K/day $- $- ▲ +82 days
2011 283 days $10.05 Million $35.45K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)