Tupperware Brands Corporation (TUPBQ) — Defensive Interval Ratio
Tupperware Brands Corporation (TUPBQ) has a Defensive Interval Ratio of 25 days as of September 2023. Defensive assets of $72.10 Million (cash $-, short-term investments $-, receivables $72.10 Million) cover 25 days of daily cash needs of $2.86 Million/day. See working capital position of Tupperware Brands Corporation to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Tupperware Brands Corporation Defensive Interval Ratio (2019–2022)
This chart shows how Tupperware Brands Corporation's Defensive Interval Ratio has evolved across 4 annual periods from 2019 to 2022. As of September 2023, the ratio stands at 25 days, meaning defensive assets of $72.10 Million can fund 25 days of operations without new revenue. Read how much debt does Tupperware Brands Corporation carry for a breakdown of total debt and financial obligations.
Annual Defensive Interval Ratio for Tupperware Brands Corporation (2019–2022)
The table below presents the year-by-year Defensive Interval Ratio for Tupperware Brands Corporation from 2019 to 2022, 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 the complete balance sheet picture, see Tupperware Brands Corporation assets under control.
| Year | DIR (days) | Defensive Assets (USD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2022 | 23 days | $63.70 Million | $2.74 Million/day | $- | $- | ▼ -36 days |
| 2021 | 59 days | $88.30 Million | $1.49 Million/day | $- | $- | ▲ +21 days |
| 2020 | 38 days | $95.90 Million | $2.49 Million/day | $- | $- | ▼ -20 days |
| 2019 | 59 days | $110.70 Million | $1.89 Million/day | $- | $- | — |