Technology & Telecommunication (TETE) — 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. Check TETE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Technology & Telecommunication Defensive Interval Ratio (2022–2023)
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. Also explore TETE net asset momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Technology & Telecommunication (2022–2023)
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 live market cap and the full company financial profile, see Technology & Telecommunication (TETE) total market value.
| 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 | — |