Rent the Runway Inc (RENT) — Defensive Interval Ratio

Latest as of July 2024: -39 days

Rent the Runway Inc (RENT) has a Defensive Interval Ratio of -39 days as of July 2024. Defensive assets of $-5.20 Million (cash $-, short-term investments $-5.20 Million, receivables $-) cover -39 days of daily cash needs of $132.33K/day. Check Rent the Runway Inc tangible equity quality to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

-39 days
Days of operational coverage

Defensive Assets

$-5.20 Million
Cash + ST Investments + Receivables

Daily Cash Need

$132.33K
Current Liabilities ÷ 365

Current Liabilities

$48.30 Million
USD

Rent the Runway Inc Defensive Interval Ratio (2006–2024)

This chart shows how Rent the Runway Inc's Defensive Interval Ratio has evolved across 13 annual periods from 2006 to 2024. As of July 2024, the ratio stands at -39 days, meaning defensive assets of $-5.20 Million can fund -39 days of operations without new revenue. Also explore Rent the Runway Inc (RENT) net asset momentum to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Rent the Runway Inc (2006–2024)

The table below presents the year-by-year Defensive Interval Ratio for Rent the Runway Inc from 2006 to 2024, covering 13 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 RENT stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2024 10 days $1.30 Million $131.78K/day $- $- ▼ -14 days
2023 24 days $4.00 Million $164.38K/day $- $- ▼ -1 days
2022 25 days $4.80 Million $188.49K/day $- $- ▼ -1299 days
2015 1325 days $97.20 Million $73.38K/day $- $80.32 Million ▲ +784 days
2014 541 days $29.39 Million $54.36K/day $- $16.87 Million ▼ -108 days
2013 648 days $33.27 Million $51.32K/day $- $16.59 Million ▼ -45 days
2012 694 days $36.49 Million $52.61K/day $- $22.23 Million ▼ -121 days
2011 814 days $39.27 Million $48.22K/day $- $22.56 Million ▼ -391 days
2010 1205 days $37.35 Million $30.99K/day $- $17.49 Million ▼ -474 days
2009 1680 days $45.84 Million $27.30K/day $- $29.87 Million ▲ +897 days
2008 783 days $20.02 Million $25.57K/day $- $4.99 Million ▼ -149 days
2007 932 days $42.07 Million $45.12K/day $- $22.11 Million ▲ +291 days
2006 642 days $33.15 Million $51.64K/day $- $14.83 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)