Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) — Defensive Interval Ratio
Holdco Nuvo Group D.G Ltd. Ordinary Shares (NUVO) has a Defensive Interval Ratio of 5 days as of March 2024. Defensive assets of $464.63K (cash $-, short-term investments $424.63K, receivables $40.00K) cover 5 days of daily cash needs of $84.78K/day. Check how tangible is Holdco Nuvo Group D.G Ltd. Ordinary Shar's equity to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Holdco Nuvo Group D.G Ltd. Ordinary Shares Defensive Interval Ratio (2021–2023)
This chart shows how Holdco Nuvo Group D.G Ltd. Ordinary Shares's Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 5 days, meaning defensive assets of $464.63K can fund 5 days of operations without new revenue. Also explore NUVO year-over-year net asset growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Holdco Nuvo Group D.G Ltd. Ordinary Shares (2021–2023)
The table below presents the year-by-year Defensive Interval Ratio for Holdco Nuvo Group D.G Ltd. Ordinary Shares 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 live market cap and the full company financial profile, see NUVO stock market capitalisation.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 5 days | $464.63K | $84.78K/day | $- | $424.63K | ▼ -227 days |
| 2022 | 232 days | $568.80K | $2.45K/day | $- | $- | ▼ -808 days |
| 2021 | 1040 days | $265.00K | $254.83/day | $- | $- | — |