Andretti Acquisition Corp. II Class A Ordinary Shares (POLE) — Defensive Interval Ratio

Latest as of September 2024: 1056582 days

Andretti Acquisition Corp. II Class A Ordinary Shares (POLE) has a Defensive Interval Ratio of 1056582 days as of September 2024. Defensive assets of $231.81 Million (cash $-, short-term investments $231.81 Million, receivables $-) cover 1056582 days of daily cash needs of $219.40/day. Check POLE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

1056582 days
Days of operational coverage

Defensive Assets

$231.81 Million
Cash + ST Investments + Receivables

Daily Cash Need

$219.40
Current Liabilities ÷ 365

Current Liabilities

$80.08K
USD

Andretti Acquisition Corp. II Class A Ordinary Shares Defensive Interval Ratio (2024–2024)

This chart shows how Andretti Acquisition Corp. II Class A Ordinary Shares's Defensive Interval Ratio has evolved across 1 annual periods from 2024 to 2024. As of September 2024, the ratio stands at 1056582 days, meaning defensive assets of $231.81 Million can fund 1056582 days of operations without new revenue. Also explore Andretti Acquisition Corp. II Class A Or (POLE) equity growth momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Andretti Acquisition Corp. II Class A Ordinary Shares (2024–2024)

The table below presents the year-by-year Defensive Interval Ratio for Andretti Acquisition Corp. II Class A Ordinary Shares from 2024 to 2024, 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 live market cap and the full company financial profile, see Andretti Acquisition Corp. II Class A Or (POLE) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 1132835 days $234.50 Million $207.00/day $- $234.50 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)