SunPower Corporation (SPWRQ) — Defensive Interval Ratio

Latest as of September 2023: 86 days

SunPower Corporation (SPWRQ) has a Defensive Interval Ratio of 86 days as of September 2023. Defensive assets of $203.69 Million (cash $-, short-term investments $0.00, receivables $203.69 Million) cover 86 days of daily cash needs of $2.37 Million/day. Check SunPower Corporation tangible book value ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

86 days
Days of operational coverage

Defensive Assets

$203.69 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.37 Million
Current Liabilities ÷ 365

Current Liabilities

$866.00 Million
USD

SunPower Corporation Defensive Interval Ratio (2019–2022)

This chart shows how SunPower Corporation's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 86 days, meaning defensive assets of $203.69 Million can fund 86 days of operations without new revenue. Also explore SunPower Corporation annual equity growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for SunPower Corporation (2019–2022)

The table below presents the year-by-year Defensive Interval Ratio for SunPower Corporation from 2019 to 2022, 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 SunPower Corporation (SPWRQ) market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2022 105 days $302.15 Million $2.88 Million/day $- $132.48 Million ▼ -240 days
2021 345 days $485.89 Million $1.41 Million/day $- $365.88 Million ▲ +270 days
2020 75 days $108.86 Million $1.45 Million/day $- $0.00 ▲ +23 days
2019 52 days $127.88 Million $2.46 Million/day $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)