Manx Financial Group PLC (3IM) — Defensive Interval Ratio

Latest as of June 2023: 377 days

Manx Financial Group PLC (3IM) has a Defensive Interval Ratio of 377 days as of June 2023. Defensive assets of €345.52 Million (cash €-, short-term investments €-, receivables €345.52 Million) cover 377 days of daily cash needs of €916.60K/day.

Defensive Interval Ratio

377 days
Days of operational coverage

Defensive Assets

€345.52 Million
Cash + ST Investments + Receivables

Daily Cash Need

€916.60K
Current Liabilities ÷ 365

Current Liabilities

€334.56 Million
EUR

Manx Financial Group PLC Defensive Interval Ratio (2013–2021)

This chart shows how Manx Financial Group PLC's Defensive Interval Ratio has evolved across 9 annual periods from 2013 to 2021. As of June 2023, the ratio stands at 377 days, meaning defensive assets of €345.52 Million can fund 377 days of operations without new revenue. For the complete balance sheet picture, see how large is Manx Financial Group PLC's balance sheet.

Annual Defensive Interval Ratio for Manx Financial Group PLC (2013–2021)

The table below presents the year-by-year Defensive Interval Ratio for Manx Financial Group PLC from 2013 to 2021, covering 9 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 Manx Financial Group PLC current assets vs equity 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)
2021 330 days €230.70 Million €700.08K/day €- €- ▲ +7 days
2020 323 days €194.83 Million €603.19K/day €- €- ▲ +10 days
2019 313 days €181.46 Million €578.92K/day €- €- ▼ -30 days
2018 344 days €150.39 Million €437.67K/day €- €- ▼ -41 days
2017 385 days €152.91 Million €397.28K/day €- €28.74 Million ▼ -16 days
2016 401 days €141.13 Million €352.23K/day €- €23.99 Million ▲ +59 days
2015 342 days €102.18 Million €298.72K/day €- €- ▲ +18 days
2014 324 days €90.13 Million €278.49K/day €- €- ▼ -32 days
2013 355 days €76.57 Million €215.59K/day €- €- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)