PHOENIX COPPER LTD. (5HR) — Defensive Interval Ratio

Latest as of December 2024: 2 days

PHOENIX COPPER LTD. (5HR) has a Defensive Interval Ratio of 2 days as of December 2024. Defensive assets of €14.26K (cash €-, short-term investments €14.26K, receivables €-) cover 2 days of daily cash needs of €7.67K/day. Check PHOENIX COPPER LTD. (5HR) tangible equity ratio to evaluate the tangible quality of the company's equity base.

Defensive Interval Ratio

2 days
Days of operational coverage

Defensive Assets

€14.26K
Cash + ST Investments + Receivables

Daily Cash Need

€7.67K
Current Liabilities ÷ 365

Current Liabilities

€2.80 Million
EUR

PHOENIX COPPER LTD. Defensive Interval Ratio (2021–2024)

This chart shows how PHOENIX COPPER LTD.'s Defensive Interval Ratio has evolved across 4 annual periods from 2021 to 2024. As of December 2024, the ratio stands at 2 days, meaning defensive assets of €14.26K can fund 2 days of operations without new revenue. Also explore 5HR year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Annual Defensive Interval Ratio for PHOENIX COPPER LTD. (2021–2024)

The table below presents the year-by-year Defensive Interval Ratio for PHOENIX COPPER LTD. from 2021 to 2024, covering 4 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 PHOENIX COPPER LTD. market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2024 2 days €14.26K €7.67K/day €- €14.26K ▲ +1 days
2023 1 days €4.19K €7.30K/day €- €4.19K ▼ -6 days
2022 6 days €18.56K €2.94K/day €- €18.56K ▼ -12 days
2021 18 days €56.34K €3.10K/day €- €56.34K
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)