noco-noco Inc. Ordinary Share (NCNC) — Defensive Interval Ratio

Latest as of September 2024: 3 days

noco-noco Inc. Ordinary Share (NCNC) has a Defensive Interval Ratio of 3 days as of September 2024. Defensive assets of $25.64K (cash $-, short-term investments $-, receivables $25.64K) cover 3 days of daily cash needs of $9.38K/day.

Defensive Interval Ratio

3 days
Days of operational coverage

Defensive Assets

$25.64K
Cash + ST Investments + Receivables

Daily Cash Need

$9.38K
Current Liabilities ÷ 365

Current Liabilities

$3.42 Million
USD

noco-noco Inc. Ordinary Share Defensive Interval Ratio (2021–2024)

This chart shows how noco-noco Inc. Ordinary Share's Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 3 days, meaning defensive assets of $25.64K can fund 3 days of operations without new revenue. For the complete balance sheet picture, see NCNC asset base.

Annual Defensive Interval Ratio for noco-noco Inc. Ordinary Share (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for noco-noco Inc. Ordinary Share from 2021 to 2024, 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. See noco-noco Inc. Ordinary Share working capital to net assets 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)
2024 3 days $25.64K $9.38K/day $- $- ▼ -32189 days
2023 32192 days $67.06 Million $2.08K/day $- $66.72 Million ▲ +32190 days
2022 2 days $5.45K $2.81K/day $- $- ▼ -2 days
2021 4 days $16.68K $4.70K/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)