Tingo Group Inc. (TIO) — Defensive Interval Ratio
Tingo Group Inc. (TIO) has a Defensive Interval Ratio of 299 days as of September 2023. Defensive assets of $375.20 Million (cash $-, short-term investments $273.00K, receivables $374.93 Million) cover 299 days of daily cash needs of $1.25 Million/day. Check TIO goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tingo Group Inc. Defensive Interval Ratio (2004–2022)
This chart shows how Tingo Group Inc.'s Defensive Interval Ratio has evolved across 19 annual periods from 2004 to 2022. As of September 2023, the ratio stands at 299 days, meaning defensive assets of $375.20 Million can fund 299 days of operations without new revenue. Also explore TIO shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Tingo Group Inc. (2004–2022)
The table below presents the year-by-year Defensive Interval Ratio for Tingo Group Inc. from 2004 to 2022, covering 19 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 TIO stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 37 days | $27.02 Million | $727.11K/day | $- | $287.00K | ▼ -328 days |
| 2021 | 365 days | $25.38 Million | $69.56K/day | $- | $1.33 Million | ▲ +326 days |
| 2020 | 39 days | $749.00K | $19.14K/day | $- | $- | ▼ -328 days |
| 2019 | 368 days | $292.00K | $794.52/day | $- | $- | ▲ +319 days |
| 2018 | 49 days | $1.14 Million | $23.43K/day | $- | $- | ▼ -41 days |
| 2017 | 90 days | $5.46 Million | $60.95K/day | $- | $- | ▼ -24 days |
| 2016 | 114 days | $6.10 Million | $53.75K/day | $- | $2.98 Million | ▼ -216 days |
| 2015 | 330 days | $18.28 Million | $55.46K/day | $- | $5.64 Million | ▼ -39 days |
| 2014 | 369 days | $20.84 Million | $56.50K/day | $- | $6.41 Million | ▼ -224 days |
| 2013 | 593 days | $20.76 Million | $35.00K/day | $- | $6.97 Million | ▲ +251 days |
| 2012 | 343 days | $13.66 Million | $39.87K/day | $- | $3.18 Million | ▼ -368 days |
| 2011 | 710 days | $8.00 Million | $11.26K/day | $- | $- | ▲ +337 days |
| 2010 | 373 days | $4.53 Million | $12.15K/day | $- | $- | ▲ +131 days |
| 2009 | 242 days | $4.31 Million | $17.78K/day | $- | $- | ▲ +28 days |
| 2008 | 214 days | $4.88 Million | $22.84K/day | $- | $- | ▼ -42 days |
| 2007 | 255 days | $5.41 Million | $21.19K/day | $- | $- | ▲ +2 days |
| 2006 | 253 days | $4.68 Million | $18.46K/day | $- | $- | ▲ +8 days |
| 2005 | 246 days | $3.71 Million | $15.11K/day | $- | $- | ▲ +39 days |
| 2004 | 207 days | $2.54 Million | $12.30K/day | $- | $- | — |