Canna Global Acquisition Corp Defensive Interval Ratio
Canna Global Acquisition Corp defensive interval ratio. Canna Global Acquisition Corp (CNGL) has a Defensive Interval Ratio of 1182 days as of March 2024. Defensive assets of $12.30 Million (cash $-, short-term investments $12.30 Million, receivables $-) cover 1182 days of daily cash needs of $10.41K/day. See Canna Global Acquisition Corp (CNGL) working capital ratio 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 Canna Global Acquisition Corp (2021–2023)
Defensive interval ratio of Canna Global Acquisition Corp from 2021 to 2023. This chart shows how Canna Global Acquisition Corp's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 1182 days, meaning defensive assets of $12.30 Million can fund 1182 days of operations without new revenue. Check CNGL asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Canna Global Acquisition Corp Defensive Interval Ratio by Year (2021–2023)
Canna Global Acquisition Corp defensive interval ratio by year from 2021 to 2023. The table below presents the year-by-year Defensive Interval Ratio for Canna Global Acquisition Corp from 2021 to 2023, covering 3 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 Canna Global Acquisition Corp assets under control.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 1326 days | $12.30 Million | $9.28K/day | $- | $12.30 Million | ▼ -5534 days |
| 2022 | 6860 days | $24.62 Million | $3.59K/day | $- | $24.60 Million | ▲ +6826 days |
| 2021 | 34 days | $25.00K | $730.42/day | $- | $- | — |