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. See Proem Acquisition Corp I current assets vs equity to evaluate short-term liquidity relative to the company's equity base.

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. Read Proem Acquisition Corp I balance sheet liabilities for a breakdown of total debt and financial obligations.

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 PAAC asset base.

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)