Vroom, Inc. (VRMMQ) — Defensive Interval Ratio
Vroom, Inc. (VRMMQ) has a Defensive Interval Ratio of 8 days as of December 2023. Defensive assets of $13.62 Million (cash $-, short-term investments $4.49 Million, receivables $9.14 Million) cover 8 days of daily cash needs of $1.81 Million/day. Check VRMMQ 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
Vroom, Inc. Defensive Interval Ratio (2020–2023)
This chart shows how Vroom, Inc.'s Defensive Interval Ratio has evolved across 4 annual periods from 2020 to 2023. As of December 2023, the ratio stands at 8 days, meaning defensive assets of $13.62 Million can fund 8 days of operations without new revenue. Also explore VRMMQ shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Vroom, Inc. (2020–2023)
The table below presents the year-by-year Defensive Interval Ratio for Vroom, Inc. from 2020 to 2023, 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 Vroom, Inc. market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 6 days | $13.62 Million | $2.35 Million/day | $- | $4.49 Million | ▼ -12 days |
| 2022 | 18 days | $34.56 Million | $1.93 Million/day | $- | $20.59 Million | ▼ -29 days |
| 2021 | 47 days | $105.43 Million | $2.27 Million/day | $- | $0.00 | ▲ +1 days |
| 2020 | 46 days | $60.58 Million | $1.32 Million/day | $- | $- | — |