GOLDGROUP MINING INC. (55G0) — Defensive Interval Ratio

Latest as of December 2022: 0 days

GOLDGROUP MINING INC. (55G0) has a Defensive Interval Ratio of 0 days as of December 2022. Defensive assets of €0.00 (cash €-, short-term investments €0.00, receivables €-) cover 0 days of daily cash needs of €43.35K/day. See 55G0 working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

0 days
Days of operational coverage

Defensive Assets

€0.00
Cash + ST Investments + Receivables

Daily Cash Need

€43.35K
Current Liabilities ÷ 365

Current Liabilities

€15.82 Million
EUR

GOLDGROUP MINING INC. Defensive Interval Ratio (2021–2022)

This chart shows how GOLDGROUP MINING INC.'s Defensive Interval Ratio has evolved across 2 annual periods from 2021 to 2022. As of December 2022, the ratio stands at 0 days, meaning defensive assets of €0.00 can fund 0 days of operations without new revenue. See 55G0 net asset quality index to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for GOLDGROUP MINING INC. (2021–2022)

The table below presents the year-by-year Defensive Interval Ratio for GOLDGROUP MINING INC. from 2021 to 2022, covering 2 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 55G0 stock market capitalisation.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2022 0 days €0.00 €43.35K/day €- €0.00 ▼ -32 days
2021 32 days €692.00K €21.62K/day €- €692.00K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)