Highfield Resources Ltd (23H) — 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. Check Highfield Resources Ltd tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Highfield Resources Ltd Defensive Interval Ratio (2016–2021)
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. Also explore Highfield Resources Ltd (23H) equity growth momentum to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for Highfield Resources Ltd (2016–2021)
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 live market cap and the full company financial profile, see how much is Highfield Resources Ltd worth.
| 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 | €- | €- | — |