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. See Highfield Resources Ltd short-term liquidity ratio to evaluate short-term liquidity relative to 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. See Highfield Resources Ltd balance sheet quality to measure how much of total assets are equity-financed.
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 Highfield Resources Ltd (23H) total market value.
| 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 | €- | €- | — |