Propell Holdings Ltd (PHL) — Defensive Interval Ratio

Latest as of June 2024: 774 days

Propell Holdings Ltd (PHL) has a Defensive Interval Ratio of 774 days as of June 2024. Defensive assets of AU$6.37 Million (cash AU$-, short-term investments AU$-, receivables AU$6.37 Million) cover 774 days of daily cash needs of AU$8.23K/day. Check Propell Holdings Ltd (PHL) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

774 days
Days of operational coverage

Defensive Assets

AU$6.37 Million
Cash + ST Investments + Receivables

Daily Cash Need

AU$8.23K
Current Liabilities ÷ 365

Current Liabilities

AU$3.00 Million
AUD

Propell Holdings Ltd Defensive Interval Ratio (2018–2024)

This chart shows how Propell Holdings Ltd's Defensive Interval Ratio has evolved across 7 annual periods from 2018 to 2024. As of June 2024, the ratio stands at 774 days, meaning defensive assets of AU$6.37 Million can fund 774 days of operations without new revenue. Also explore how fast is Propell Holdings Ltd growing its equity to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Propell Holdings Ltd (2018–2024)

The table below presents the year-by-year Defensive Interval Ratio for Propell Holdings Ltd from 2018 to 2024, covering 7 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 Propell Holdings Ltd market cap and net worth.

Year DIR (days) Defensive Assets (AUD) Daily Cash Need Cash ST Investments Change (days)
2024 774 days AU$6.37 Million AU$8.23K/day AU$- AU$- ▲ +200 days
2023 573 days AU$2.61 Million AU$4.55K/day AU$- AU$- ▼ -323 days
2022 897 days AU$4.45 Million AU$4.97K/day AU$- AU$- ▲ +727 days
2021 169 days AU$798.44K AU$4.71K/day AU$- AU$- ▲ +129 days
2020 40 days AU$339.66K AU$8.47K/day AU$- AU$- ▼ -53 days
2019 94 days AU$705.93K AU$7.55K/day AU$- AU$- ▲ +51 days
2018 43 days AU$483.24K AU$11.34K/day AU$- AU$-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)