Highfield Resources Ltd Defensive Interval Ratio
Highfield Resources Ltd defensive interval ratio. Highfield Resources Ltd (23H) has a Defensive Interval Ratio of 4 days as of June 2023. Defensive assets of €116.70K (cash €-, short-term investments €-, receivables €116.70K) cover 4 days of daily cash needs of €26.53K/day. See Highfield Resources Ltd current assets vs equity 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 Highfield Resources Ltd (2016–2021)
Defensive interval ratio of Highfield Resources Ltd from 2016 to 2021. This chart shows how Highfield Resources Ltd's Defensive Interval Ratio has evolved across 6 annual periods from 2016 to 2021. As of June 2023, the ratio stands at 4 days, meaning defensive assets of €116.70K can fund 4 days of operations without new revenue. Read 23H total debt and obligations for a breakdown of total debt and financial obligations.
Highfield Resources Ltd Defensive Interval Ratio by Year (2016–2021)
Highfield Resources Ltd defensive interval ratio by year from 2016 to 2021. The table below presents the year-by-year Defensive Interval Ratio for Highfield Resources Ltd from 2016 to 2021, covering 6 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 Highfield Resources Ltd total assets.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2021 | 29 days | €232.56K | €8.10K/day | €- | €- | ▲ +8 days |
| 2020 | 20 days | €251.88K | €12.37K/day | €- | €- | ▼ -28 days |
| 2019 | 48 days | €700.78K | €14.63K/day | €- | €- | ▼ -9 days |
| 2018 | 57 days | €411.37K | €7.27K/day | €- | €- | ▼ -51 days |
| 2017 | 108 days | €789.29K | €7.33K/day | €- | €- | ▼ -199 days |
| 2016 | 307 days | €1.27 Million | €4.15K/day | €- | €- | — |