Adriatic Metals Plc (3FN) — Defensive Interval Ratio

Latest as of June 2022: 183 days

Adriatic Metals Plc (3FN) has a Defensive Interval Ratio of 183 days as of June 2022. Defensive assets of €1.79 Million (cash €-, short-term investments €-, receivables €1.79 Million) cover 183 days of daily cash needs of €9.76K/day. Check tangible equity quality of Adriatic Metals Plc to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

183 days
Days of operational coverage

Defensive Assets

€1.79 Million
Cash + ST Investments + Receivables

Daily Cash Need

€9.76K
Current Liabilities ÷ 365

Current Liabilities

€3.56 Million
EUR

Adriatic Metals Plc Defensive Interval Ratio (2017–2023)

This chart shows how Adriatic Metals Plc's Defensive Interval Ratio has evolved across 7 annual periods from 2017 to 2023. As of June 2022, the ratio stands at 183 days, meaning defensive assets of €1.79 Million can fund 183 days of operations without new revenue. Also explore Adriatic Metals Plc equity growth rate to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for Adriatic Metals Plc (2017–2023)

The table below presents the year-by-year Defensive Interval Ratio for Adriatic Metals Plc from 2017 to 2023, 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 3FN company net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2023 890 days €18.83 Million €21.15K/day €- €- ▲ +823 days
2022 67 days €762.13K €11.39K/day €- €- ▲ +26 days
2021 41 days €516.43K €12.48K/day €- €- ▼ -800 days
2020 842 days €1.60 Million €1.90K/day €- €1.24 Million ▲ +203 days
2019 639 days €306.28K €479.27/day €- €- ▲ +157 days
2018 482 days €147.71K €306.37/day €- €- ▲ +450 days
2017 32 days €17.69K €551.70/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)