Proem Acquisition Corp I (PAAC) — Defensive Interval Ratio

Latest as of March 2020: 0 days

Proem Acquisition Corp I (PAAC) has a Defensive Interval Ratio of 0 days as of March 2020. Defensive assets of $219.00 (cash $-, short-term investments $-, receivables $219.00) cover 0 days of daily cash needs of $1.66K/day. Read Proem Acquisition Corp I total liabilities for a breakdown of total debt and financial obligations.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

$219.00
Cash + ST Investments + Receivables

Daily Cash Need

$1.66K
Current Liabilities ÷ 365

Current Liabilities

$607.25K
USD

Proem Acquisition Corp I Defensive Interval Ratio (2019–2019)

This chart shows how Proem Acquisition Corp I's Defensive Interval Ratio has evolved across 1 annual periods from 2019 to 2019. As of March 2020, the ratio stands at 0 days, meaning defensive assets of $219.00 can fund 0 days of operations without new revenue. See Proem Acquisition Corp I (PAAC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Defensive Interval Ratio for Proem Acquisition Corp I (2019–2019)

The table below presents the year-by-year Defensive Interval Ratio for Proem Acquisition Corp I from 2019 to 2019, covering 1 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 how large is Proem Acquisition Corp I's balance sheet.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2019 1 days $219.00 $210.30/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)