Tupperware Brands Corporation (TUPBQ) — Defensive Interval Ratio

Latest as of September 2023: 25 days

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

25 days
Days of operational coverage

Defensive Assets

$72.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

$2.86 Million
Current Liabilities ÷ 365

Current Liabilities

$1.04 Billion
USD

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. See TUPBQ equity to assets ratio to measure how much of total assets are equity-financed.

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 live market cap and the full company financial profile, see TUPBQ market cap overview.

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 $- $-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)