Adriatic Metals Plc (3FN) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see 3FN asset base.
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. See working capital to net assets of Adriatic Metals Plc to evaluate short-term liquidity relative to the company's equity base.
| 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 | €- | €- | — |