Presto Automation Inc. (PRST) — Defensive Interval Ratio

Latest as of March 2024: 6 days

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. See Presto Automation Inc. (PRST) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

6 days
Days of operational coverage

Defensive Assets

$1.25 Million
Cash + ST Investments + Receivables

Daily Cash Need

$195.98K
Current Liabilities ÷ 365

Current Liabilities

$71.53 Million
USD

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. See PRST net asset quality score to measure how much of total assets are equity-financed.

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. For live market cap and the full company financial profile, see Presto Automation Inc. stock valuation.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)