Technology & Telecommunication Defensive Interval Ratio
Technology & Telecommunication defensive interval ratio. Technology & Telecommunication (TETE) has a Defensive Interval Ratio of 2392 days as of August 2024. Defensive assets of $31.14 Million (cash $-, short-term investments $31.14 Million, receivables $-) cover 2392 days of daily cash needs of $13.02K/day. See how liquid is Technology & Telecommunication's working capital 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 Technology & Telecommunication (2022–2023)
Defensive interval ratio of Technology & Telecommunication from 2022 to 2023. This chart shows how Technology & Telecommunication's Defensive Interval Ratio has evolved across 2 annual periods from 2022 to 2023. As of August 2024, the ratio stands at 2392 days, meaning defensive assets of $31.14 Million can fund 2392 days of operations without new revenue. Check asset resilience ratio of Technology & Telecommunication to evaluate the company's liquid asset resilience ratio.
Technology & Telecommunication Defensive Interval Ratio by Year (2022–2023)
Technology & Telecommunication defensive interval ratio by year from 2022 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Technology & Telecommunication from 2022 to 2023, covering 2 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 Technology & Telecommunication assets under control.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 13774 days | $118.05 Million | $8.57K/day | $- | $118.05 Million | ▼ -397193 days |
| 2022 | 410966 days | $118.05 Million | $287.25/day | $- | $118.05 Million | — |