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. See NCNC working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

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. See noco-noco Inc. Ordinary Share balance sheet quality to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see noco-noco Inc. Ordinary Share market cap and net worth.

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)