Cartesian Growth Corporation II Class A Ordinary Shares (RENE) — Defensive Interval Ratio

Latest as of September 2024: 22655 days

Cartesian Growth Corporation II Class A Ordinary Shares (RENE) has a Defensive Interval Ratio of 22655 days as of September 2024. Defensive assets of $182.53 Million (cash $-, short-term investments $182.53 Million, receivables $-) cover 22655 days of daily cash needs of $8.06K/day. Check Cartesian Growth Corporation II Class A tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

22655 days
Days of operational coverage

Defensive Assets

$182.53 Million
Cash + ST Investments + Receivables

Daily Cash Need

$8.06K
Current Liabilities ÷ 365

Current Liabilities

$2.94 Million
USD

Cartesian Growth Corporation II Class A Ordinary Shares Defensive Interval Ratio (2022–2024)

This chart shows how Cartesian Growth Corporation II Class A Ordinary Shares's Defensive Interval Ratio has evolved across 3 annual periods from 2022 to 2024. As of September 2024, the ratio stands at 22655 days, meaning defensive assets of $182.53 Million can fund 22655 days of operations without new revenue. Also explore RENE shareholders equity momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Cartesian Growth Corporation II Class A Ordinary Shares (2022–2024)

The table below presents the year-by-year Defensive Interval Ratio for Cartesian Growth Corporation II Class A Ordinary Shares from 2022 to 2024, covering 3 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 RENE market cap overview.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 8879 days $84.57 Million $9.52K/day $- $84.57 Million ▼ -32665 days
2023 41543 days $174.25 Million $4.19K/day $- $174.25 Million ▼ -358196 days
2022 399739 days $239.75 Million $599.76/day $- $239.75 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)