Benson Hill, Inc. Common Stock (BHIL) — Defensive Interval Ratio

Latest as of September 2024: 264 days

Benson Hill, Inc. Common Stock (BHIL) has a Defensive Interval Ratio of 264 days as of September 2024. Defensive assets of $15.75 Million (cash $-, short-term investments $7.42 Million, receivables $8.33 Million) cover 264 days of daily cash needs of $59.64K/day. See working capital to net assets of Benson Hill, Inc. Common Stock to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

264 days
Days of operational coverage

Defensive Assets

$15.75 Million
Cash + ST Investments + Receivables

Daily Cash Need

$59.64K
Current Liabilities ÷ 365

Current Liabilities

$21.77 Million
USD

Benson Hill, Inc. Common Stock Defensive Interval Ratio (2019–2023)

This chart shows how Benson Hill, Inc. Common Stock's Defensive Interval Ratio has evolved across 5 annual periods from 2019 to 2023. As of September 2024, the ratio stands at 264 days, meaning defensive assets of $15.75 Million can fund 264 days of operations without new revenue. See BHIL equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for Benson Hill, Inc. Common Stock (2019–2023)

The table below presents the year-by-year Defensive Interval Ratio for Benson Hill, Inc. Common Stock from 2019 to 2023, covering 5 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 Benson Hill, Inc. Common Stock market capitalisation.

Year DIR (days) Defensive Assets (USD) Daily Cash Need Cash ST Investments Change (days)
2023 252 days $70.48 Million $279.24K/day $- $32.85 Million ▼ -384 days
2022 636 days $161.33 Million $253.47K/day $- $132.12 Million ▼ -25 days
2021 662 days $129.98 Million $196.39K/day $- $103.69 Million ▼ -520 days
2020 1182 days $115.11 Million $97.36K/day $- $100.33 Million ▲ +899 days
2019 283 days $23.41 Million $82.74K/day $- $8.31 Million
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)