BRAXIA SCIENTIFIC CORP. (4960) — Defensive Interval Ratio
BRAXIA SCIENTIFIC CORP. (4960) has a Defensive Interval Ratio of 69 days as of March 2023. Defensive assets of €408.93K (cash €-, short-term investments €-, receivables €408.93K) cover 69 days of daily cash needs of €5.89K/day. Check BRAXIA SCIENTIFIC CORP. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
BRAXIA SCIENTIFIC CORP. Defensive Interval Ratio (2021–2023)
This chart shows how BRAXIA SCIENTIFIC CORP.'s Defensive Interval Ratio has evolved across 3 annual periods from 2021 to 2023. As of March 2023, the ratio stands at 69 days, meaning defensive assets of €408.93K can fund 69 days of operations without new revenue. Also explore BRAXIA SCIENTIFIC CORP. annual equity growth to track the company's year-over-year net asset growth rate.
Annual Defensive Interval Ratio for BRAXIA SCIENTIFIC CORP. (2021–2023)
The table below presents the year-by-year Defensive Interval Ratio for BRAXIA SCIENTIFIC CORP. from 2021 to 2023, covering 3 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 BRAXIA SCIENTIFIC CORP. market capitalisation.
| Year | DIR (days) | Defensive Assets (EUR) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2023 | 69 days | €408.93K | €5.89K/day | €- | €- | ▲ +37 days |
| 2022 | 32 days | €225.42K | €6.95K/day | €- | €- | ▲ +16 days |
| 2021 | 16 days | €113.44K | €6.99K/day | €- | €- | — |