Presto Automation Inc. (PRST) — Defensive Interval Ratio
Presto Automation Inc. (PRST) has a Defensive Interval Ratio of 6 days as of March 2024. Defensive assets of $1.25 Million (cash $-, short-term investments $-, receivables $1.25 Million) cover 6 days of daily cash needs of $195.98K/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Presto Automation Inc. Defensive Interval Ratio (2020–2023)
This chart shows how Presto Automation Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of March 2024, the ratio stands at 6 days, meaning defensive assets of $1.25 Million can fund 6 days of operations without new revenue. For the complete balance sheet picture, see Presto Automation Inc. asset portfolio.
Annual Defensive Interval Ratio for Presto Automation Inc. (2020–2023)
The table below presents the year-by-year Defensive Interval Ratio for Presto Automation Inc. from 2020 to 2023, 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. See Presto Automation Inc. working capital to net assets 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) |
|---|---|---|---|---|---|---|
| 2023 | 13 days | $2.11 Million | $167.71K/day | $- | $- | ▲ +9 days |
| 2022 | 4 days | $1.52 Million | $401.67K/day | $- | $- | ▼ -4 days |
| 2021 | 8 days | $1.18 Million | $152.02K/day | $- | $- | ▼ -15 days |
| 2020 | 23 days | $2.27 Million | $100.77K/day | $- | $- | — |