Sunworks Inc Defensive Interval Ratio
Sunworks Inc defensive interval ratio. Sunworks Inc (SUNWQ) has a Defensive Interval Ratio of 249 days as of September 2023. Defensive assets of $27.17 Million (cash $-, short-term investments $250.00K, receivables $26.92 Million) cover 249 days of daily cash needs of $109.31K/day. See SUNWQ current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Defensive Interval Ratio of Sunworks Inc (2016–2022)
Defensive interval ratio of Sunworks Inc from 2016 to 2022. This chart shows how Sunworks Inc's Defensive Interval Ratio has evolved across 7 annual periods from 2016 to 2022. As of September 2023, the ratio stands at 249 days, meaning defensive assets of $27.17 Million can fund 249 days of operations without new revenue. Check Sunworks Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Sunworks Inc Defensive Interval Ratio by Year (2016–2022)
Sunworks Inc defensive interval ratio by year from 2016 to 2022. The table below presents the year-by-year Defensive Interval Ratio for Sunworks Inc from 2016 to 2022, covering 7 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 the complete balance sheet picture, see total assets of Sunworks Inc.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 248 days | $34.82 Million | $140.43K/day | $- | $248.00K | ▼ -33 days |
| 2021 | 281 days | $19.07 Million | $67.79K/day | $- | $- | ▲ +153 days |
| 2020 | 128 days | $5.29 Million | $41.24K/day | $- | $- | ▼ -128 days |
| 2019 | 256 days | $12.47 Million | $48.75K/day | $- | $- | ▼ -35 days |
| 2018 | 291 days | $14.35 Million | $49.37K/day | $- | $- | ▲ +62 days |
| 2017 | 229 days | $15.12 Million | $66.08K/day | $- | $- | ▼ -37 days |
| 2016 | 265 days | $13.97 Million | $52.65K/day | $- | $- | — |