NewHold Investment Corp III Warrants (NHICW) — Defensive Interval Ratio

Latest as of December 2022: 503066 days

NewHold Investment Corp III Warrants (NHICW) has a Defensive Interval Ratio of 503066 days as of December 2022. Defensive assets of $198.47 Million (cash $-, short-term investments $198.37 Million, receivables $102.00K) cover 503066 days of daily cash needs of $394.52/day.

Defensive Interval Ratio

503066 days
Days of operational coverage

Defensive Assets

$198.47 Million
Cash + ST Investments + Receivables

Daily Cash Need

$394.52
Current Liabilities ÷ 365

Current Liabilities

$144.00K
USD

NewHold Investment Corp III Warrants Defensive Interval Ratio (2020–2022)

This chart shows how NewHold Investment Corp III Warrants's Defensive Interval Ratio has evolved across 3 annual periods from 2020 to 2022. As of December 2022, the ratio stands at 503066 days, meaning defensive assets of $198.47 Million can fund 503066 days of operations without new revenue. For the complete balance sheet picture, see NewHold Investment Corp III Warrants assets under control.

Annual Defensive Interval Ratio for NewHold Investment Corp III Warrants (2020–2022)

The table below presents the year-by-year Defensive Interval Ratio for NewHold Investment Corp III Warrants from 2020 to 2022, covering 3 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 NHICW working capital efficiency 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)
2022 503066 days $198.47 Million $394.52/day $- $198.37 Million ▲ +502835 days
2021 231 days $196.87K $852.05/day $- $196.87K ▼ -82652 days
2020 82883 days $172.58 Million $2.08K/day $- $172.58 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)